Low Barriers to Entry and Entry by Non-Funeral and Online Operators
First written in FY2016. 9 of 11 entries say "Restated". Latest entry: 2026-10-15.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「In addition, competition, particularly over the provision of small-scale funeral services, is intensifying due to accelerated new openings across the country and the rise of internet-based funeral referral companies.」
The company continues to report intensifying competition in the small-scale funeral segment due to accelerated new openings and the rise of internet-based funeral referral companies. - FY2024-Q3RestatedAnnual report
「In addition, as competition over the provision of small-scale funeral services intensifies due to accelerated new openings across the country and the rise of matching-website operators, M&A activity in the funeral services and life-ending services industries is increasing, and industry-wide consolidation is progressing.」
The company continues to report intensifying competition in small-scale funerals due to accelerated new openings and the rise of matching-website operators. - FY2024-Q2RestatedAnnual report
「In addition, competition, particularly over the provision of small-scale funeral services, is intensifying due to accelerated new openings across the country and the rise of operators of matching websites.」
The company continues to report intensifying competition in the small-scale funeral segment due to accelerated new openings and the rise of matching-website operators. - FY2024-Q1RestatedAnnual report
「In addition, competition, particularly over the provision of small-scale funeral services, is intensifying due to accelerated new openings across the country and the rise of matching-business operators.」
The company continues to report intensifying competition in the small-scale funeral segment due to accelerated new openings and the rise of matching-business operators. - FY2023-Q3RestatedAnnual report
「Meanwhile, competition, particularly for small funerals, is intensifying in the funeral industry due to an acceleration in new openings in various regions and the emergence of matching businesses.」
The company continues to report intensifying competition in the small-scale funeral segment due to accelerated new openings and the rise of matching businesses. - FY2023-Q1WorsenedAnnual report
「Meanwhile, competition, particularly for small funerals, is intensifying in the funeral industry due to an acceleration in new openings in various regions and the emergence of matching businesses.」
In addition to the traditionally low barriers to entry, new forms of market entry and competition, including the rise of matching businesses, have emerged. - FY2018RestatedAnnual report
「Although the funeral services industry is not subject to legal regulation or administrative guidance, this also means that barriers to entry into the business are low. The industry includes funeral specialists, overwhelmingly consisting of small and micro businesses with strong local ties and a family-business character, as well as mutual-aid associations for ceremonial services, including some major operators with broad geographic coverage.」
The low barriers to entry, along with changes in the competitive environment resulting from entry by mutual-aid associations, companies from other industries and online funeral referral operators, remain a risk. - FY2016First statedAnnual report
「Although the funeral services industry is not subject to legal regulation or administrative guidance, this also means that barriers to entry into the business are low.」
First disclosure. It identifies changes in the competitive environment resulting from market entry by mutual-aid associations for ceremonial services, railway companies, retailers, cooperatives, agricultural cooperatives, hotels, foreign-capital companies and online funeral referral operators as a risk.