Risk of Intensifying Competition and Misalignment of Management Strategy in Japan’s Cosmetics Market
First written in FY2017. 8 of 9 entries say "Restated". Latest entry: FY2026.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Competition in Japan’s cosmetics market is also intensifying, including competition from existing rivals and new entrants from other industries. Products described as “natural cosmetics” and “organic” are attracting attention, particularly as awareness of health and natural ingredients grows.」
Market risks associated with intensifying competition, entry by companies from other industries, and the growth of natural and organic products have been reaffirmed. - FY2023RestatedAnnual report
「Competition in Japan’s cosmetics market is also intensifying, including competition from existing rivals and new entrants from other industries. Products described as “natural cosmetics” and “organic” are attracting attention, particularly as awareness of health and natural ingredients grows.」
Market risks associated with intensifying competition, entry by companies from other industries, and the growth of natural and organic products have been reiterated. - FY2022RestatedAnnual report
「Competition in Japan’s cosmetics market is also intensifying, including competition from existing rivals and new entrants from other industries. Products described as “natural cosmetics” and “organic” are attracting attention, particularly as awareness of health and natural ingredients grows.」
The risks associated with competition from existing rivals and entrants from other industries, the growth of natural and organic products, and strategic misalignment have been reiterated. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified in the risks of intensifying competition in Japan’s cosmetics market and a mismatch with management strategy. - FY2021-Q2RestatedAnnual report
「During the cumulative consolidated period for the second quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes have been identified in the risks of intensifying competition in Japan’s cosmetics market and a mismatch with management strategy. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified in the risks of intensifying competition in Japan’s cosmetics market and a mismatch with management strategy. - FY2019RestatedAnnual report
「Competition in Japan’s cosmetics market is also intensifying, including competition from existing rivals and new entrants from other industries. Products described as “natural cosmetics” and “organic” are attracting attention, particularly as awareness of health and natural ingredients grows.」
The risks associated with competition from existing rivals and entrants from other industries, the growth of natural and organic products, and a mismatch between management strategy and market conditions have been reiterated. - FY2018RestatedAnnual report
「Competition in Japan’s cosmetics market is also intensifying, including competition from existing rivals and new entrants from other industries. Products described as “natural cosmetics” and “organic” are attracting attention, particularly as awareness of health and natural ingredients grows.」
The risks associated with competition from existing rivals and entrants from other industries, the growth of natural and organic products, and a mismatch between management strategy and market conditions have been reiterated. - FY2017First statedAnnual report
「Competition in Japan’s cosmetics market is also intensifying, including competition from existing rivals and new entrants from other industries. Products described as “natural cosmetics” and “organic” are attracting attention, particularly as awareness of health and natural ingredients grows. The Group will implement its medium-term management plan, but if the plan fails to respond to these market conditions, it could have a similarly adverse impact.」
Competition from existing rivals and entrants from other industries, the growth of natural and organic products, and a mismatch between management strategy and market conditions are identified as separate risks.