Oligopolization of Customers and Intensifying Competition Among Manufacturers
First written in FY2016. 8 of 11 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-05-14.
Megmilk Snow Brand moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 41 of 86 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- 2026-05-14MaterialisedRevision to earnings forecast
「The segment as a whole fell below the previous year, mainly due to lower revenue resulting from a decline in the selling price per unit of compound feed.」
The decline in the selling price per unit of compound feed was reflected in a full-year decline in revenue in the Feed and Seedling segment. - FY2026-H1MaterialisedAnnual report
「Revenue was ¥25,162 million, down 3.5% from the prior-year period, and operating profit was ¥986 million, up 21.4%. Revenue for the segment as a whole was below the previous year, mainly due to lower revenue resulting from lower compound feed selling prices.」
Lower compound feed selling prices have actually emerged in the results as a 3.5% year-on-year decline in revenue in the feed and seedling segment. - FY2025-H1MaterialisedAnnual report
「The segment as a whole fell below the previous year, mainly due to lower revenue resulting from a decline in the selling price per unit of compound feed.」
In the feed and seedling businesses, lower compound feed selling prices have actually emerged as a factor behind the decline in revenue, with revenue down 3.7% year on year. - FY2023RestatedAnnual report
「The distribution industry is undergoing consolidation and market exit, with distributors becoming increasingly concentrated and larger in scale. As a result, changes in the procurement and sales strategies of specific customers and trends in their business performance could affect the performance of our Group.」
It continues to recognize the concentration and increasing scale of customers, as well as the impact of the strategies and business performance of specific customers, as risks. - FY2021RestatedAnnual report
「The distribution industry is undergoing consolidation and market exit, with distributors becoming increasingly concentrated and larger in scale. In the dairy and food industries, major manufacturers are also pursuing business integrations, while small and midsize manufacturers are undergoing consolidation and market exit.」
It continues to identify concentration among customers, changes in the strategies of specific customers, and business integrations, new entrants and product development competition among manufacturers as business risks. - FY2019MaterialisedAnnual report
「Operating income declined because sales of core products stagnated amid a severe competitive environment and measures to address higher costs failed to produce sufficient results.」
Competition among manufacturers and other factors continue to create a challenging environment, reflected in sluggish sales of core products and lower profit. - FY2017MaterialisedAnnual report
「Although net sales declined during the period, mainly due to lower selling prices for feed, operating income increased as a result of efforts to review selling expenses and operate more effectively, as well as lower purchase prices.」
The risks of intensifying sales competition and lower selling prices have also actually emerged during the period as lower revenue in the feed and seedling segment, with revenue of ¥43,008 million, or 93.6% of the prior-year period. - FY2017-Q3MaterialisedAnnual report
「Revenue was ¥32,762 million, or 92.5% of the prior-year period, and operating profit was ¥1,152 million, or 120.5% of the prior-year period. Revenue declined during the period, mainly due to lower feed selling prices and other factors.」
Lower feed selling prices have also actually emerged in the cumulative third-quarter results as a factor behind revenue declining to 92.5% of the prior-year period. - FY2017-Q2MaterialisedAnnual report
「Net sales were ¥22,616 million, equivalent to 92.4% of the prior-year period, and operating income was ¥1,159 million, equivalent to 111.1%. Although net sales declined during the period, mainly due to lower selling prices for feed, operating income increased as a result of efforts to review selling expenses and operate more effectively, as well as lower purchase prices.」
Lower feed selling prices have actually emerged as a factor behind lower revenue in the cumulative second-quarter results, confirming the continued emergence of risks from intensifying sales competition and lower selling prices. - FY2017-Q1MaterialisedAnnual report
「Revenue and profit declined during the period due in part to lower selling prices resulting from intensifying competition in feed sales.」
Intensifying sales competition and lower feed selling prices have also actually emerged this quarter as lower revenue and profit in the feed and seedling businesses. - FY2016First statedAnnual report
「Revenue and profit declined due in part to lower sales volumes of feed and lower selling prices resulting from intensifying sales competition.」
Intensifying sales competition and lower selling prices have actually emerged in the results as factors behind lower revenue and profit in the feed and seedling businesses.