Risk of Intensifying Competition Due to Competitors’ Store Openings
First written in FY2019. 1 of 2 entries say "Worsened", first in FY2025. Latest entry: FY2025.
Palemo Holdings moved to the "Worse" side of this theme in 2025, 7 years after the typical company in this theme (2018).
The whole theme swung hardest in 2018: 11 of 30 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Although the Group consistently seeks to differentiate its operations from those of other companies in the same industry, its business performance could be affected if many competitive rivals open stores in the same shopping centers as the Group and the Group is unable to identify customer needs better than its competitors.」
In addition to the opening of numerous rival stores, the company specifies the inability to identify customer needs better than competitors, making the conditions for intensified competition more concrete. - FY2019First statedAnnual report
「Under its “multi-core brand strategy,” the Group operates shop brands in multiple formats in its apparel and general merchandise businesses, and faces competitors in each format. Although the Group consistently seeks to differentiate its operations from those of other companies in the same industry, its business performance could be affected if many competitive rivals open stores in the same shopping centers as the Group.」
While operating multiple formats under its multi-core brand strategy, the company has newly identified the opening of numerous competitive rival stores in the same shopping centers as a factor that could affect business performance.