Low barriers to entry and the risk of intensifying competition
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「The hair salon industry in which our group operates has many competitors because barriers to entry are low and new entrants can enter the industry relatively easily.」
The company continues to identify low barriers to entry and numerous competitors as competitive risks. - FY2023RestatedAnnual report
「The hair salon industry in which our group operates has many competitors because barriers to entry are low and new entrants can enter the industry relatively easily. Our group intends to establish a market advantage and differentiate itself from other companies by attracting customers effectively and securing a stable supply of stylists, but」
The company continues to identify low barriers to entry and numerous competitors as risks. - FY2021First statedAnnual report
「The hair salon industry in which our group operates has many competitors because barriers to entry are low and new entrants can enter the industry relatively easily.」
The company recognizes the potential impact if differentiation through customer attraction and stylist recruitment is insufficient.