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SHINTO Holdings (2776) · RiskFirst stated

Price Competition and Upfront Cost Burden in the Chinese Uniform Business

First written in FY2018. . Latest entry: FY2018.

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Losses from Price Competition and Startup Costs in the Chinese Uniform BusinessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2018First statedAnnual report

    「However, combined with price competition from other companies in the same industry and the recognition of expenses characteristic of the initial fiscal year of the business, these factors made it necessary to record an operating loss.」

    For the China uniform business, this is the first specific disclosure that price competition with other companies in the same industry and the recognition of expenses in the initial fiscal year of the business were factors behind the operating loss.
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