Difficulty Differentiating Amid Intensifying Competition
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2023RestatedAnnual report
「However, if competitors imitate or follow the Group's services and other offerings in the future, making the Group's distinctive features standard and differentiation more difficult, or if competitors develop sales activities centered on low prices, this could affect the Group's financial position and operating results.」
The company continues to face the risk that imitation and following by competitors, together with low-price strategies, will make differentiation more difficult. - FY2022RestatedAnnual report
「However, if competitors imitate or follow the Group's services and other offerings in the future, making the Group's distinctive features standard and differentiation more difficult, or if competitors develop sales activities centered on low prices, this could affect the Group's financial position and operating results.」
The company continues to disclose the risk that imitation and following by competitors, together with low-price strategies, will make differentiation more difficult. - FY2019-Q3MaterialisedAnnual report
「Due to a decline in the number of weddings held as a result of competitive pressure from new openings and renovations by peer companies, an increase in small-scale weddings that drove down spending per wedding, and depreciation expenses related to Neos Mirabell, which reopened after renovation in August 2017, among other factors, revenue from the wedding business for the first nine months of the current fiscal year was ¥3,548,704 thousand, down 12.3% year on year, while segment profit was ¥333,506 thousand, down 53.7%.」
The company states that the competitive impact of openings and renovations by other companies in the same industry, previously identified as a risk, continued to emerge in the third quarter as a decline in the number of weddings held and decreases in sales and segment profit in the wedding business. - FY2019-Q2MaterialisedAnnual report
「A decline in the number of weddings held due to the competitive impact of openings and renovations by other companies in the same industry」
The company states that the competitive impact of openings and renovations by other companies in the same industry, previously identified as a risk, continued to emerge in the second quarter as a decline in the number of weddings held and deterioration in the performance of the wedding business. - FY2019-Q1MaterialisedAnnual report
「A decline in the number of weddings held due to the competitive impact of openings and renovations by other companies in the same industry」
The company states that the competitive impact of openings and renovations by competitors, previously identified as a risk, actually materialized as a decline in the number of weddings held. - FY2017RestatedAnnual report
「If competitors imitate or follow the Group's services and other offerings in the future, making the Group's distinctive features standard and differentiation more difficult」
The company continues to identify intensified competition resulting from competitors' imitation and low-price strategies, as well as new entrants into the wedding business, as risks. - FY2016First statedAnnual report
「If competitors imitate or follow the company's services and other offerings in the future, making the company's distinctive features standard and differentiation more difficult」
For both traditional Japanese attire and wedding services, the company identifies declining competitiveness due to new entrants and imitation as risks.