New Entrants to the Reuse Market and Intensifying Competition to Open Stores
First written in FY2016. 12 of 13 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues to disclose that there have been no material changes regarding new entrants to the reuse market and intensifying competition for store openings. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues its existing risk disclosure that there have been no material changes regarding new entrants to the reuse market and intensifying competition for store openings. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues to disclose that there have been no material changes regarding new entrants to the reuse market and intensifying competition for store openings. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues to disclose that there have been no material changes regarding new entrants to the reuse market and intensifying competition for store openings. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company continues to disclose that there have been no material changes regarding new entrants to the reuse market and intensifying competition for store openings. - FY2022-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The existing risk assessment that there have been no material changes regarding new entrants to the reuse market and intensifying competition for store openings continues. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company disclosed that there had been no material changes regarding new entrants to the reuse market and intensifying competition for store openings. - FY2020RestatedAnnual report
「As awareness of environmental issues in society has increased, competition with other companies has also intensified due to new entrants to the reuse sector and other factors.」
The company continues to identify new entrants to the reuse sector and intensifying competition as risks. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company disclosed that there had been no material changes regarding new entrants to the reuse market and intensifying competition for store openings. - FY2019RestatedAnnual report
「As part of its store-opening policy, the company plans to accelerate the expansion of its store network through new store openings by the group, as well as M&A and store acquisitions. Consequently, the success or failure of store openings could have a significant impact on the group's growth potential.」
The annual report continues to disclose the risk that the success or failure of new store openings, M&A, and store acquisitions could affect growth potential. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company disclosed that there had been no material changes regarding new entrants to the reuse market and intensifying competition for store openings. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, the business environment remained favorable for the reuse market, with continued growth driven by the spread of flea-market apps and increased buying and selling by online-only operators using smartphone apps and other services.」
The company describes increased transactions through flea-market apps and online-only operators, but states that there have been no material changes in its business and other risks. - FY2016First statedAnnual report
「The market is expected to achieve further strong growth as the increase in stores handling reused goods and the growth of online sales and person-to-person transaction platforms have made it easier to buy and sell reused goods. However, competition is intensifying as other companies open stores and companies from other industries enter the market. We recognise that the challenge is to accelerate store openings and secure a position as the overwhelmingly leading company, surpassing other companies.」
While the market is expanding, intensifying competition from store openings by other companies and entrants from other industries is identified as a challenge.