Insufficient brand awareness in China and the need to localize services
First written in FY2017-Q1. 4 of 5 entries say "Restated". Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company stated that there had been no material change in the insufficient brand awareness in China or the need to localise services. - FY2021-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The Company stated that there had been no material change in the insufficient brand awareness in China or the need to localise services. - FY2019-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The Company stated that there had been no material change in the insufficient brand awareness in China or the need to localise services. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company stated that there had been no material change in the insufficient brand awareness in China or the need to localise services. - FY2017-Q1First statedAnnual report
「Demand for made-in-Japan services and products remains high in China and continues to provide strong support, but awareness of mod's hair is not as high as it is in Japan. We believe that expanding mod's hair salons in China requires an advertising strategy and the ability to localise and provide services at the same quality level as in Japan.」
The Company explained that although there is demand for Japanese-quality services in China, awareness of mod's hair is not as high as in Japan, making an advertising strategy and service localisation necessary.