Risk of Retail Business Decline Due to the Growth of the Sharing Economy
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2025. Latest entry: 2026-04-14.
0 other companies' latest entry also says "Advanced".
- 2026-04-14AdvancedEarnings
「We entered the reuse business through a joint venture with Komehyo Co., Ltd. and began successively opening MEGRUS, a specialty store for purchasing branded goods, inside department stores and PARCO locations.」
The response to reuse and circular-business opportunities advanced through entry into the market via a joint venture with Komehyo and the opening of MEGRUS stores inside existing locations. - FY2026-H1AdvancedAnnual report
「In March 2025, we established the joint venture 株式会社JFR&KOMEHYO PARTNERS with 株式会社コメ兵 and launched a reuse business. In August, we opened MEGRUS brand purchase-only stores at Matsuzakaya Nagoya and Daimaru Tokyo.」
Regarding its response to reuse and circular-economy businesses, following the establishment of a joint venture with 株式会社コメ兵, it opened MEGRUS stores at Matsuzakaya Nagoya and Daimaru Tokyo. - FY2025AdvancedAnnual report
「In March 2025, we established the joint venture 株式会社JFR&KOMEHYO PARTNERS with 株式会社コメ兵 and launched a reuse business. From summer 2025 onward, we plan to successively open the MEGRÜS purchase-only stores at Daimaru, Matsuzakaya and PARCO locations.」
It gave concrete form to its response to the sharing and circular-economy businesses through the establishment of a joint venture with 株式会社コメ兵 and the rollout of purchase-only stores from summer 2025 onward. - FY2020WorsenedAnnual report
「We expect the increasingly powerful wave of the sharing economy to have a very significant impact on our Group's core retail business over the medium term.」
It positioned the development of the sharing economy as a significant medium-term risk to the retail business and cited consideration of fashion rentals, crowdfunding and the 3Rs as countermeasures. - FY2019First statedAnnual report
「The wave of the sharing economy, accompanied by a shift in consumer values from ownership to sharing, is growing, and digital disruptors that are disrupting existing markets have emerged in Europe and the US. This trend is also rapidly becoming apparent in Japan, and given the pace of technological innovation, we expect there is a very high likelihood that this risk will increase in Japan over the medium term.」
It identified the sharing economy for the first time as an independent major risk that could cause existing markets and industries to decline. At the same time, it also viewed sharing as an opportunity to create new businesses.