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Menicon (7780) · RiskDropped

Competition with Store-Based Sales Driven by Growth in Online Sales

First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2026.

7entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2021RestatedFY20232017: 120172018: 020182019: 120192020: 020202021: 120212022: 120222023: 120232024: 020242025: 120252026: 12026
Same theme, other companies
Changes in the Role and Significance of Stores Due to the Growth of Online ShoppingA theme 30 companies write about · 27 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2017: 1 of 10 companies on the "Worse" side.

3 other companies' latest entry also says "Dropped".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. FY2026DroppedAnnual report

    「To reduce these risks, our Group will promote the “Otodoke Mels mutan (Mutan)” regular home-delivery service for Mels Plan members using disposable contact lenses, as well as “ClickMiru,” a web-based sales system based on a physician’s prescription, to emphasize convenience to customers.」

    “Miru 3C PLAN,” mentioned previously, was not included in this filing’s measures against the risk from online sales, while regular home delivery and ClickMiru continued to be identified.
  2. FY2025AdvancedAnnual report

    「To reduce these risks, our Group aims to prevent customer attrition by further promoting sales of “Miru 3C PLAN,” a flat-rate monthly service that allows customers to use contact lenses from manufacturers other than ours, in addition to Mels Plan, which provides both high-quality services and eye safety.」

    “Miru 3C PLAN,” a flat-rate service covering products from other manufacturers, was explicitly identified in addition to the existing regular home-delivery service and ClickMiru as a response to customer attrition caused by online sales and competitors.
  3. FY2023RestatedAnnual report

    「Through the promotion of the “Otodoke Mels mutan (Mutan)” home-delivery service and “ClickMiru,” a web-based sales system based on a physician’s prescription, we will emphasize convenience to customers.」

    The policy of promoting regular home delivery and ClickMiru as responses to competition from online sales continues.
  4. FY2022MitigatedAnnual report

    「To reduce these risks, our Group will promote the “Otodoke Mels mutan (Mutan)” regular home-delivery service for Mels Plan members using disposable contact lenses, as well as “ClickMiru,” a web-based sales system based on a physician’s prescription, to emphasize convenience to customers.」

    ClickMiru was explicitly identified as a countermeasure to competition from online sales, in addition to the existing regular home-delivery service.
  5. FY2021RestatedAnnual report

    「However, depending on trends in online sales, acquiring new customers through retail stores may become more difficult, which could affect our Group’s financial position and operating results.」

    The difficulty retail stores face in acquiring new customers due to increasing online sales continues to be disclosed as an ongoing risk.
  6. FY2019RestatedAnnual report

    「However, depending on trends in online sales, acquiring new customers through retail stores may become more difficult, which could affect our Group’s financial position and operating results.」

    The risk that increasing online sales will make it more difficult for retail stores to acquire new customers, along with the countermeasures of Mels Plan’s regular home-delivery service and dedicated website, continues to be disclosed.
  7. FY2017First statedAnnual report

    「As online contact lens sales, which compete with contact lens retail stores, continue to increase, our Group is responding by providing a regular home-delivery service for Mels Plan members and services through a dedicated website. However, depending on trends in online sales, acquiring new customers through retail stores may become more difficult.」

    The increase in online sales is identified as a source of competition with retail stores, with Mels Plan’s regular home-delivery service and dedicated website serving as countermeasures.
Moved together

"Executive compensation linked to improved performance and corporate value" moved the same way as this thread, in the same document, in 2 of its 7 moves.

222222★123456
  1. ★This thread
  2. 1Executive compensation linked to improved performance and corporate value2×
  3. 2Stabilizing the Earnings Base Through MELS PLAN Expansion2×
  4. 3Expanding the Product Range of Disposable and Multifocal Lenses and Lens Care Products2×
  5. 4Miru Brand: Expansion of Overseas Channels and European Operations2×
  6. 5Investment in the Disposable Orthokeratology Business Using Euro-Yen Convertible Bonds Due 20252×
  7. 6Store Concept Aimed at Enjoyable Contact Lens Selection and Customer Satisfaction2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Competition with Store-Based Sales Driven by Growth in Online Sales | Menicon Co.,Ltd. (7780) | Komori