Shinnihonseiyaku (4931) · RiskRestated
Intensifying Competition and New Entrants in the Cosmetics Market
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2021.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Intensifying competition and price declines in the healthcare industryA theme 12 companies write about · 12 as a headwind · 0 as a tailwind
6 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2021RestatedAnnual report
「In this competitive environment, our group is working to increase awareness and brand value by actively developing products based on consumer needs and conducting marketing activities, including advertising.」
The company reiterates the risks of intensifying competition, low barriers to entry and new entrants, and describes its responses through product development, advertising and the use of its customer database. - FY2019First statedAnnual report
「The cosmetics market in which we operate includes large and small competitors in Japan and overseas. In addition, the presence of OEM manufacturers and others that undertake product manufacturing makes it possible to operate without manufacturing facilities, resulting in low barriers to entry and the emergence of new entrants.」
Because OEM manufacturing allows companies to enter the market without their own manufacturing facilities, barriers to entry are low; the company identifies the potential for customer losses and higher costs due to competition and new entrants.