Lunch with the FT: Tadashi Yanai – FT.com: “‘Scale has no importance on its own,’ he shoots back. ‘But unless you have scale, you may not be able to stay alive or competitive. Unless you have scale, you can be bought by someone else or you may go bankrupt.” – Tadashi Yanai, Fast Retailing, makers of Uniqlo.
It’s not a classic mistake to prioritise scale over profits. The above statement is spot on about scale.