Decline in individually owned bicycle retailers and increasing concentration among large specialty stores
First written in FY2024. 1 of 3 entries say "Restated". Latest entry: 2026-04-27.
No other company in this theme has enough history to compare yet.
- 2026-04-27AdvancedManagement Planning
「Large bicycle specialty-store chains are expanding and becoming the most prominent places to purchase bicycles.」
Provides specific figures from surveys of the number of business establishments and purchase destinations regarding the decline of independent stores and the concentration of the market among large specialty stores. - FY2025RestatedAnnual report
「The number of independently operated bicycle retailers fell from 13,784 in 1999 to 6,628 in 2021, while the number of bicycle retailers operated by corporations increased from 1,664 to 2,924 over the same period. In addition, large bicycle specialty stores account for a substantial 30% of customers' bicycle purchases, and the consolidation of purchases among large bicycle specialty stores is expected to continue.」
The company continues to view the decline in independent stores, increase in corporate-operated stores and consolidation among large specialty stores as characteristics of the market structure. - FY2024First statedAnnual report
「The number of independently operated bicycle retailers fell from 13,784 in 1999 to 6,628 in 2021, while the number of bicycle retailers operated by corporations increased from 1,664 to 2,924 over the same period. In addition, large bicycle specialty stores account for a substantial 30% of customers' bicycle purchases, and the consolidation of purchases among large bicycle specialty stores is expected to continue.」
The company identifies the decline in independent stores, increase in corporate-operated stores and concentration of purchases at large specialty stores as opportunities and conditions arising from the market structure.