Komori
Rvh (6786) · RiskFirst stated

Mass cancellations of beauty service contracts

First written in FY2019. . Latest entry: FY2019.

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Risk of mass cancellations of beauty service contracts and related refund obligationsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2019First statedAnnual report

    「If a large number of cancellation requests arise due to reputational damage or any other reason, this could affect the Group’s business, operating results and financial condition.」

    The Company identifies mass cancellations as a risk for hair-removal and beauty salon contracts that involve refunds for services not yet provided.
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