Risk of Erosion of Competitive Advantages from Competitor Entry and Brand-Operated Direct Rentals
First written in FY2025. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 29 of 91 companies on the "Worse" side.
124 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, we cannot completely rule out the possibility that our information may become obsolete due to substantial changes in consumer values, or that our value may decline relative to others as individual brands create their own rental opportunities.」
The company continues to recognize the risk of losing its competitive advantage due to new entrants and brand-operated rental services. - FY2026-H1RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
No material changes are reported regarding the risk of loss of competitive advantage due to new entrants and brand-operated rental services. - FY2025First statedAnnual report
「We cannot completely rule out the possibility that our information may become obsolete due to substantial changes in consumer values, or that our value may decline relative to others as individual brands create their own rental opportunities.」
The company regards its accumulated sharing-use data and sourcing expertise as competitive advantages, while identifying information becoming obsolete and brand owners entering the market themselves as risks.