Intensifying Competition and Challenges in Differentiation in the Men's Suit Market
First written in FY2016. 10 of 18 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MaterialisedAnnual report
「For properties whose profitability had declined due to intensifying competition, lower market rents and other factors, book value was reduced to recoverable value, and the resulting reduction of ¥573 million was recognized as an impairment loss under extraordinary losses.」
Lower profitability due to intensifying competition and lower market rents materialized during the period as ¥573 million in impairment losses on 90 properties, including operating stores and rental assets. - FY2025MaterialisedAnnual report
「For properties whose profitability had declined due to intensifying competition, lower market rents and other factors, book value was reduced to recoverable value, and the resulting reduction of ¥1,031 million was recognized as an impairment loss under extraordinary losses.」
Lower profitability due to intensifying competition and lower market rents materialized during the period as ¥1,031 million in impairment losses on 97 properties and other assets. - FY2024RestatedAnnual report
「Competition among the major products of the businesswear business is expected to become even more intense in terms of both pricing and product assortments.」
The company continues to identify competition over prices and product assortments, the launch of competing products adapted to casualization, the increasing number of new market entrants and difficulty differentiating products as competitive risks. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed risks relating to intensifying competition and difficulty differentiating products. - FY2023MaterialisedAnnual report
「For properties whose profitability had declined due to intensifying competition, lower market rents and other factors, book value was reduced to recoverable value, and the resulting reduction of ¥2,220 million was recognized as an impairment loss under extraordinary losses.」
Lower profitability due to intensifying competition and lower market rents materialized during the period as ¥2,220 million in impairment losses on 111 properties. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risks of intensifying competition and difficulty differentiating products in the men's apparel market. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed business and other risks associated with intensifying competition and other factors. - FY2022MaterialisedAnnual report
「For properties whose profitability had declined due to intensifying competition, lower market rents and other factors, book value was reduced to recoverable value, and the resulting reduction of ¥2,139 million was recognized as an impairment loss under extraordinary losses.」
Lower profitability due to intensifying competition and lower market rents materialized during the full fiscal year as ¥2,139 million in impairment losses on 121 properties. - FY2021MaterialisedAnnual report
「For properties whose profitability had declined due to intensifying competition, lower market rents and other factors, book value was reduced to recoverable value, and the resulting reduction was recognized as ¥10,692 million in impairment losses and ¥1,420 million in business structure reform expenses under extraordinary losses.」
Lower profitability due to intensifying competition and lower market rents materialized during the full fiscal year as impairment losses and other charges relating to 373 properties. - FY2019WorsenedAnnual report
「The business environment has continued to change, including through the expansion of low-priced made-to-order offerings and the entry into businesswear by major casualwear companies, major e-commerce malls and other companies from different industries. To address these environmental changes and intensifying competition, we intend to pursue fundamental reforms aimed at re-examining the issues and restructuring our business model.」
The company added entry by low-priced made-to-order providers, major casualwear companies and major e-commerce malls as specific factors intensifying competition. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to the risks of intensifying competition and difficulty differentiating products in the men's apparel market. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to the risks of intensifying competition and difficulty differentiating products in the men's apparel market. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to the risks of intensifying competition and difficulty differentiating products in the men's apparel market. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to the risks of intensifying competition and difficulty differentiating products in the men's apparel market. - FY2017MaterialisedAnnual report
「For properties whose profitability had declined due to intensifying competition, lower market rents and other factors, book value was reduced to recoverable value, and the resulting reduction of ¥1,390 million was recognized as an impairment loss under extraordinary losses.」
Lower profitability due to intensifying competition and other factors materialized during the period as ¥1,390 million in impairment losses on 31 operating stores and other properties. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to the risks of intensifying competition and difficulty differentiating products in the men's apparel market. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to the risks of intensifying competition and difficulty differentiating products in the men's apparel market. - FY2016First statedAnnual report
「Competition in the men's apparel market is expected to intensify further, and these factors may affect the Group's operating results.」
The company identifies the impact on results of intensifying competition over prices and product assortments, successive launches of new products and responses by competitors as risks.