Contraction of the Professional Beauty Products Market and Intensifying Competition
First written in FY2016. 23 of 28 entries say "Restated". Latest entry: FY2024.
3 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Looking ahead, the market size of the beauty industry is expected to contract as the declining population reduces the number of people receiving beauty treatments, while competition with other companies in the industry remains intense, although」
The company continues to identify market contraction due to population decline and intensifying competition with other companies in the industry as risks. - FY2024-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2024-Q1RestatedAnnual report
「During the cumulative period of the first quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2023WorsenedAnnual report
「Looking ahead, the market is expected to contract as the declining population reduces the number of people receiving beauty treatments, while competition with other companies in the industry remains intense, although」
The company has shifted from its previous description of the market size as “growing moderately” back to an expected contraction due to population decline, explicitly identifying the risk of market contraction. - FY2023-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2023-Q2RestatedAnnual report
「During the cumulative period of the second quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2023-Q1RestatedAnnual report
「During the cumulative period of the first quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2022-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2022-Q2RestatedAnnual report
「During the cumulative period of the second quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2021SoftenedAnnual report
「Although the market size of the beauty industry is growing moderately, the number of salons is excessive due to cutthroat competition, and is expected to gradually move toward a level commensurate with the market size.」
While the risks of cutthroat competition and adjustment in the number of salons continue, the company describes the market size as “growing moderately” rather than “contracting.” - FY2021-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2021-Q2RestatedAnnual report
「During the cumulative period of the second quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2021-Q1RestatedAnnual report
「During the cumulative period of the first quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to key risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2020WorsenedAnnual report
「The beauty industry continues to face an increasingly challenging business environment, including declining customer traffic and sluggish growth in average spending per customer. In addition, the number of salons, which is currently excessive due to cutthroat competition, is expected to gradually move toward a level commensurate with the market size.」
In addition to describing an environment that is more challenging than before due to declining customer traffic and stagnant average spending per customer, the company indicates that the number of salons is expected to decline from its current oversupply. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2019WorsenedAnnual report
「The number of salons, which is currently excessive due to cutthroat competition, is expected to gradually move toward a level commensurate with the market size. In salon management, polarization driven by competition is expected to continue.」
In addition to the existing risks of market contraction and intensifying competition, the company explicitly identifies oversupply of salons and polarization in salon management. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including contraction of the salon-exclusive products market and intensifying competition. - FY2018-Q3RestatedAnnual report
「Meanwhile, the beauty industry continues to face a challenging business environment for salons, including a decline in the number of customers visiting salons and sluggish growth in average spending per customer.」
The company continues to describe the challenging market environment for salons caused by declining customer traffic and sluggish growth in average spending per customer. - FY2018-Q2RestatedAnnual report
「Meanwhile, the beauty industry continues to face a challenging business environment for salons, including a decline in the number of customers visiting salons and sluggish growth in average spending per customer.」
The company continues to describe the challenging market environment for salons caused by declining customer traffic and sluggish growth in average spending per customer. - FY2018-Q1RestatedAnnual report
「Meanwhile, the beauty industry continues to face a challenging business environment for salons, including a decline in the number of customers visiting salons and sluggish growth in average spending per customer.」
The company continues to describe the challenging business environment for salons caused by declining customer traffic and sluggish growth in average spending per customer. - FY2017RestatedAnnual report
「Looking ahead, the market is expected to contract as the declining population reduces the number of people receiving beauty treatments, while competition with other companies in the industry remains intense, although」
The company continues to identify market contraction due to population decline and intensifying competition as industry risks. - FY2017-Q3RestatedAnnual report
「The beauty industry continues to face a challenging business environment for salons, including a decline in the number of customers visiting salons and sluggish growth in average spending per customer.」
The company continues to describe the challenging market environment for salons caused by declining customer traffic and sluggish growth in average spending per customer. - FY2017-Q2RestatedAnnual report
「The beauty industry continues to face a challenging business environment for salons, including a decline in the number of customers visiting salons and sluggish growth in average spending per customer.」
The company states that salons continue to face a challenging environment due to declining customer traffic and sluggish growth in average spending per customer. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to the risks described in the previous fiscal year, including contraction of the salon-exclusive products market and intensifying competition. - FY2016First statedAnnual report
「In the future, the market for this industry is expected to contract as the population receiving beauty services declines with the falling population, while competition with rival companies remains intense.」
Identifies population decline and the competitive environment as major risks.