Risk of Lower Profitability and Market Share Due to Intensifying Competition
First written in FY2016. 6 of 13 entries say "Restated". Latest entry: FY2025.
Mbk moved to the "Worse" side of this theme in 2016, 7 years before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
121 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「By the nature of the investment business, there are generally numerous competitors in market transactions and a limited number of competitors in specific bilateral transactions, and these competitors affect the Group's transaction prices and transaction opportunities.」
Continues to identify competitive risk in terms of transaction prices and opportunities in investment transactions rather than store operations. - FY2024ReframedAnnual report
「By the nature of the investment business, there are generally numerous competitors in market transactions and a limited number of competitors in specific bilateral transactions, and these competitors affect the Group's transaction prices and transaction opportunities.」
The focus of competitive risk has shifted from competition among hotels, bowling alleys and other stores to competition over investment transaction prices and opportunities in the merchant banking business. - FY2023RestatedAnnual report
「Bowling alleys are constantly exposed to risks such as the opening of other bowling alleys in the same area, resulting price declines and lower utilization rates, as well as changes in local consumer preferences.」
Continues to identify the risks of competing bowling alley openings, price declines and lower utilization rates, together with the policy of responding by improving customer service and reducing costs. - FY2022-Q1RestatedAnnual report
「The hotel and leisure market remains challenging, with lower consumer sentiment due to declining personal income and competition to attract customers as a result of the state of emergency declaration. However, economic recovery is expected as COVID-19 vaccination coverage increases.」
While continuing to identify competition to acquire customers under the state of emergency as a risk, also indicates expectations for a recovery as vaccines become more widely available. - FY2020RestatedAnnual report
「The Group will seek to secure earnings by maintaining and strengthening customer traffic through measures such as improving customer service and by thoroughly reducing costs. However, declining margins due to intensifying competition may force the disposal of or withdrawal from stores, which may affect the Company's financial position and operating results.」
Continues to identify the risk of lower margins due to intensifying competition and the policy of responding by improving customer service and reducing costs. - FY2020-Q3MaterialisedAnnual report
「As a result of factors including intensifying competition from an increasing number of new competing hotels and intensified sales competition for corporate banquets and weddings, revenue was ¥845 million, down 1.0% year on year, and segment profit was ¥9 million, down 3.3% year on year.」
The increase in competing hotels and intensified sales competition for corporate banquets and weddings have materialized as declines in revenue and segment profit at Kakogawa Plaza Hotel. - FY2019RestatedAnnual report
「The Group will seek to secure earnings by maintaining and strengthening customer traffic through measures such as improving customer service and by thoroughly reducing costs. However, declining margins due to intensifying competition may force the disposal of or withdrawal from stores, which may affect the Company's financial position and operating results.」
Continues to identify the risk of lower margins due to intensifying competition and the policy of responding by improving customer service and reducing costs. - FY2018MaterialisedAnnual report
「Competition intensified due to new hotel openings near Kakogawa, resulting in a decline in the occupancy rate at Kakogawa Plaza Hotel and other effects. As a result, revenue excluding the impact of the closed business locations decreased 2.7% from the same period of the previous year.」
Intensifying competition from new hotel openings nearby appeared over the full fiscal year as a decline in Kakogawa Plaza Hotel's occupancy rate and a 2.7% decrease in revenue. - FY2018-Q3MaterialisedAnnual report
「Due to intensifying competition resulting from new hotel openings near Kakogawa, and the resulting decline in the occupancy rate of Kakogawa Plaza Hotel, revenue after taking into account the impact of withdrawn locations decreased 2.1% from the same period of the previous year.」
Intensifying competition from new hotel openings near Kakogawa continued to appear as a decline in Kakogawa Plaza Hotel's occupancy rate and a 2.1% year-on-year decline in revenue excluding the impact of withdrawn locations. - FY2018-Q2MaterialisedAnnual report
「Due to intensifying competition resulting from new hotel openings near Kakogawa, and the resulting decline in the occupancy rate of Kakogawa Plaza Hotel, revenue after taking into account the impact of withdrawn locations decreased 2.2% from the same period of the previous year.」
Intensifying competition from new hotel openings near Kakogawa has specifically appeared as a decline in Kakogawa Plaza Hotel's occupancy rate and revenue. - FY2017RestatedAnnual report
「The Group will seek to secure earnings by maintaining and strengthening customer traffic through measures such as improving customer service and by thoroughly reducing costs. However, declining margins due to intensifying competition may force the disposal of or withdrawal from stores, which may affect the Company's financial position and operating results.」
Continues to identify the risk of lower margins due to competing store openings and weak demand, together with responses centered on improving customer service and reducing costs. - FY2017-Q2MaterialisedAnnual report
「The main factors were the expiration in March 2016 of the contract for Kokumin Shukusha Marine Terrace Ashiya compared with the same period of the previous year, and the impact of a competing property entering the market at Hotel JAL City Matsuyama.」
The entry of a competing property affected the performance of Hotel JAL City Matsuyama, demonstrating the impact of intensifying competition as a specific performance factor. - FY2016First statedAnnual report
「There is a risk that the Group's market share may decline due to factors such as market entry by major companies and the emergence of competing products with greater price competitiveness.」
Identifies competitive risks in the merchant banking, hotel and manufacturing businesses.