Intensifying competition in the custom-tailored suit market as new entrants increase
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「Our core product, made-to-measure suits, faces intense competition on price and product assortment from existing competitors, including department stores and specialty retailers, as well as from the increasing number of new market entrants.」
The company identifies continued competition from existing competitors and new market entrants as a risk. - FY2023RestatedAnnual report
「Our core product, made-to-measure suits, faces intense competition on price and product assortment from existing competitors, including department stores and specialty retailers, as well as from the increasing number of new market entrants.」
The company identifies continued competition from existing competitors and new market entrants as a risk, and continues to explain its differentiation through product assortment, made-to-measure options, store environments, and customer service. - FY2022RestatedAnnual report
「In addition to existing competitors, we face intense competition on price and product assortment due to the increasing number of new market entrants.」
The company continues to describe the possibility of ongoing competition and differentiation through product assortment, made-to-measure options, store environments, and customer service. - FY2021First statedAnnual report
「In addition to existing competitors, we face intense competition on price and product assortment due to the increasing number of new market entrants.」
The company is pursuing differentiation through a broad product assortment, a range of made-to-measure options, comfortable store environments, and stylist service.