Intensifying Competition in the Philippine Medical and Beauty Market
First written in FY2018. 3 of 6 entries say "Materialised", first in FY2024-Q2. Latest entry: 2026-05-08.
Ips moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Restated".
- 2026-05-08RestatedRevision of earnings forecasts
「SLACC continued working to stabilize LASIK surgery volumes in Metro Manila by reviewing its marketing methods and offering flexible pricing and service structures amid intensifying competition and other factors.」
The company continues to review its marketing and pricing and service structures amid intensifying competition. - FY2025MaterialisedAnnual report
「The number of LASIK surgeries performed by SLACC in Metro Manila declined during the period partly due to the intensifying competitive environment,」
The disclosure states that intensifying competition in the medical and aesthetic markets actually affected performance, contributing to the decline in the number of LASIK procedures in the fiscal year ended March 2025. - FY2025-H1MaterialisedAnnual report
「At SLACC, our core LASIK business was affected by some intensification of competition and higher costs resulting from rising prices.」
Regarding the risk of intensifying competition in the Philippine healthcare and beauty market, states that the LASIK business was affected by some intensification of competition and higher costs resulting from rising prices. - FY2024-Q2MaterialisedAnnual report
「At SLACC, our core LASIK business was affected by some intensification of competition and higher costs resulting from rising prices.」
The risk of intensifying competition in the Philippine healthcare and beauty market was specifically described as affecting the LASIK business. The impact of higher costs resulting from rising prices was also noted. - FY2019RestatedAnnual report
「The number of companies entering the healthcare and beauty businesses in the Philippines has been increasing, and we recognize that competition in quality, price and services is likely to intensify.」
Reiterates the risks of increased market entry in the Philippine healthcare and beauty market and intensifying competition in quality, price and services. - FY2018First statedAnnual report
「The number of companies entering the healthcare and beauty businesses in the Philippines has been increasing, and we recognize that competition in quality, price and services is likely to intensify.」
Identifies as a risk the impact on customer acquisition and retention if competitors introduce treatments and services of equal or higher quality.