Competition from Imported and Domestic Products and Price-Focused Consumers
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In addition to strengthening collaboration with wholesalers and retailers, we are strengthening our sales capabilities, including advertising and promotion, and working to expand sales of our products made from broilers raised without the administration of antibiotics or antimicrobial preparations (specially raised chickens). However, if we are unable to secure a competitive advantage in terms of quality and price, this may affect our business results.」
The risk of quality and price competition from imported and domestic products, and the responses of collaborating with wholesalers and retailers, advertising and promotion, and using specially raised chickens, continue. - FY2021RestatedAnnual report
「In addition to strengthening cooperation with wholesalers and retailers, we are working to expand sales of our products using broilers raised without antibiotics or antimicrobial agents, known as specially raised chickens, by strengthening our sales capabilities, including advertising and promotion. However, if we cannot secure a competitive advantage in quality and price, this could affect our results.」
The ongoing risk of quality and price competition from imported and domestic products is addressed through collaboration with wholesalers and retailers, advertising and promotion, and expanded sales of specially raised chickens. - FY2019RestatedAnnual report
「In addition to strengthening cooperation with wholesalers and retailers, we are working to expand sales of our products using broilers raised without antibiotics or antimicrobial agents, known as specially raised chickens, by strengthening our sales capabilities, including advertising and promotion. However, if we cannot secure a competitive advantage in quality and price, this could affect our results.」
The risk of quality and price competition from imported and domestic products continues. Collaboration with wholesalers and retailers, advertising and promotion, and sales of specially raised chickens are cited as measures to expand sales. - FY2018First statedAnnual report
「Although we believe our chilled chicken has a quality advantage because of rigorous temperature control during production and transportation, sales of our products could be affected by consumer trends focused on price, in which consumers purchase chicken based solely on price without regard to quality as economic conditions change.」
The company indicates that sales could be affected not only by competition from imported frozen chicken and domestic producers, but also by consumer trends that prioritize price over quality.