Competition from department stores, directly operated stores and online retailers
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2018: 16 of 40 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「There are many competing stores throughout Japan, including department stores, directly operated brand stores, retailers handling imported products similar to those offered by our company, and online retailers, that sell jewelry, branded watches, branded bags and accessories, and other products handled by our company.」
The company is reaffirming the risk of competition from department stores, directly operated stores, retailers handling imported products, online retailers, and other businesses. - FY2016First statedAnnual report
「There are many competing stores throughout Japan, including department stores, directly operated brand stores, retailers handling imported products similar to those offered by our company, and online retailers, that sell jewelry, branded watches, branded bags and accessories, and other products handled by our company.」
The company states that competing stores in a variety of formats operate nationwide and that the entry of strong competitors into its store locations could affect business performance.