Risk of competitors emerging against the integrated business model
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2023RestatedAnnual report
「At present, there are no competitors with this type of business model. However, a competitor could emerge and create greater added value than the Company's products or services in some business areas.」
While identifying its model covering development, wholesale sales, directly operated stores and training as a strength, the Company continues to indicate the possibility of competitors emerging with superior offerings in some areas. - FY2022RestatedAnnual report
「At present, there are no competitors with this type of business model. However, the possibility cannot be ruled out that a competitor could emerge and create greater added value than the Company's products or services in some business areas.」
While identifying its model covering development, manufacturing and sales, directly operated stores and training as a strength, the Company continues to indicate the possibility of competitors emerging with superior offerings in some areas. - FY2018RestatedAnnual report
「The Company's business model is strong because it covers all of the mutually related areas of chemicals and equipment, including development, manufacturing, wholesale and sales, operation of directly operated stores, and technical and know-how training. At present, there are no competitors with this type of business model. However, the possibility cannot be ruled out that a competitor could emerge and create greater added value than the Company's products or services in some business areas.」
While identifying its integrated model covering development, manufacturing and sales, directly operated stores and training as a strength, the Company continues to regard the possibility of competitors emerging with superior offerings in some areas as a risk. - FY2016First statedAnnual report
「At present, there are no competitors with this type of business model. However, the possibility cannot be ruled out that a competitor could emerge and create greater added value than the Company's products or services in some business areas.」
This indicates the possibility of competitors emerging with a model combining development, manufacturing and sales, directly operated stores and training.