Competition with C2C Services, Auctions and Secondhand Shops
First written in FY2018. 4 of 8 entries say "Restated". Latest entry: FY2026.
Mercari moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Many companies are currently entering the smartphone-based CtoC services market, with a wide range of product categories and service formats.」
The company continues to identify competition in CtoC services, auctions, secondhand stores, payments and financial services, and credit cards as a risk. - FY2024WorsenedAnnual report
「The spot-work market, which the Company entered in March 2024, has continued to grow rapidly in recent years, and competition has intensified as the market has expanded.」
In addition to existing competition in CtoC services, secondhand goods, payments and financial services, and credit cards, intensifying competition in the spot-work market was newly identified. - FY2023WorsenedAnnual report
「Many companies are currently entering the smartphone-based CtoC services market, with a wide range of product categories and service formats. Internet auctions and secondhand stores also exist, and competition in the secondhand goods market is becoming increasingly intense. In addition, multiple competitors provide electronic payment services, credit card services and related services in the payments and financial services businesses.」
In addition to existing competition in CtoC services, auctions, and payments and financial services, competition in credit card services was explicitly identified. - FY2021RestatedAnnual report
「Many companies are currently entering the smartphone-based CtoC services market, with a wide range of product categories and service formats. Internet auctions and secondhand stores also exist, and competition in the secondhand goods market is becoming increasingly intense. In addition, multiple competitors provide electronic payment services and services related to electronic payment services in the payments and financial services businesses.」
The company continues to identify the competitive environment in CtoC services, auctions, secondhand stores, and the payments and financial services sectors as a risk. - FY2019RestatedAnnual report
「Many companies are currently entering the smartphone-based CtoC services market, with a wide range of product categories and service formats. Internet auctions and secondhand stores also exist, and competition in the secondhand goods market is becoming increasingly intense. In addition, multiple competitors provide electronic payment services and services related to electronic payment services in the payments and financial services businesses.」
The company continues to identify competition in CtoC services, secondhand goods, auctions, secondhand stores, and the payments and financial services sectors as a risk. - FY2019-Q3RestatedAnnual report
「Many companies are currently entering the smartphone-based CtoC services market, with a wide range of product categories and service formats. Internet auctions and secondhand stores also exist, and competition in the secondhand goods market is becoming increasingly intense. In addition, multiple competitors provide electronic payment services and related services in the payments and financial services businesses.」
The company continues to identify the competitive environment in CtoC services, auctions, secondhand stores, and payments and financial services as a risk. - FY2019-Q2WorsenedAnnual report
「Many companies are currently entering the smartphone-based CtoC services market, with a wide range of product categories and service formats. Internet auctions and secondhand stores also exist, and competition in the secondhand goods market is becoming increasingly intense. In addition, multiple competitors provide electronic payment services and related services in the payments and financial services businesses.」
In addition to existing CtoC services and auctions, the company stated that multiple competitors exist in the payments and financial services businesses, broadening the scope of competition-related risks. - FY2018First statedAnnual report
「Many companies are currently entering the smartphone-based CtoC services market, with a wide range of product categories and service formats. Internet auctions and secondhand stores also exist, and competition in the secondhand goods market is becoming increasingly intense.」
The company indicated that new competitors entering the market and intensifying competition could affect users, listings and fee levels.