Consumers’ Preference for Low Prices and Intensifying Competition Among Companies
First written in FY2017-Q1. 16 of 26 entries say "Restated". Latest entry: FY2026.
Prima Meat Packers moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 12 of 19 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Japanese economy during the consolidated fiscal year under review was affected by inflation, and households in particular became increasingly focused on saving on food. The consumer price inflation rate in 2025, excluding fresh food, was 3.1%, accelerating from the previous year and placing an even greater burden on households.」
It cites the emergence of a focus on saving, particularly on food, and the increased burden on households caused by the 3.1% consumer price inflation rate. - FY2026-H1WorsenedAnnual report
「Although disposable income is rising, real disposable income has remained weak due to inflation, further strengthening consumers’ focus on saving.」
It states that consumers’ focus on saving has strengthened further against the backdrop of weak real disposable income. - FY2025MaterialisedAnnual report
「Due to the impact of inflation, including higher food prices resulting from surging raw material costs, rising labor costs and increased logistics costs caused by the 2024 logistics problem, the nationwide Consumer Price Index for fiscal 2024, excluding fresh food, rose 2.7% year on year. Against this backdrop, households have increasingly focused on saving.」
It cites the 2.7% inflation rate and the emergence of households’ focus on saving as evidence of restrained consumption. - FY2025-H1RestatedAnnual report
「Although real consumption spending is above the previous year's level, partly due to price increases caused by weather and supply shortages, spending on fresh meat, seafood and vegetables has continued to decline year on year, and consumers continue to economize on fresh products.」
Although overall real consumption spending is above the previous year's level, spending on fresh products continues to decline, along with consumers' tendency to economize. - FY2024-Q3WorsenedAnnual report
「Multiple price increases were implemented across various industries this fiscal year, as in the previous fiscal year, and the number of food items subject to price increases rose substantially. Although wage levels are rising through base-pay increases and other measures, real wages have continued to decline due to higher prices. Domestic consumers remain highly focused on protecting their household finances, making it difficult to say that consumption will continue to expand steadily.」
It specifies the risk of restrained consumption by citing multiple food price increases, the growing number of items subject to price increases, continued negative real wage growth and consumers' strong focus on protecting their household finances. - FY2024-Q2RestatedAnnual report
「Although wage levels are rising through base-pay increases and other measures, the increase is insufficient compared with the rate of price increases. As consumers increasingly focus on protecting their household finances, it is difficult to say that this will directly lead to higher consumption.」
It continues to describe an environment in which wage growth has failed to keep pace with price increases and consumers' focus on protecting their household finances is restraining consumption growth. - FY2024-Q1WorsenedAnnual report
「Although wage levels are rising through base-pay increases and other measures, the increase is insufficient compared with rising prices. As consumers increasingly focus on protecting their household finances, it is difficult to say that this will directly lead to higher consumption.」
It continues to describe an environment in which wage growth has failed to keep pace with price increases and consumers' focus on protecting their household finances is restraining consumption growth. - FY2023RestatedAnnual report
「Consumers have begun postponing purchases as they increasingly focus on protecting their household finances, leaving the outlook for consumption uncertain.」
It continues to identify the focus on protecting household finances and the resulting postponement of purchases, driven by the wave of price increases, as risks to consumption over the full fiscal year. - FY2023-Q3WorsenedAnnual report
「Although domestic prices have risen, as indicated by the Consumer Price Index (CPI), many companies have been unable to fully cover higher manufacturing costs and have implemented multiple price increases, resulting in an unprecedented wave of food price increases. Consumers, increasingly focused on protecting their household finances, have responded by postponing purchases, leaving the outlook for consumption uncertain.」
In addition to the reaction to price increases, it specifies the risks associated with consumers' preference for low prices and economy by citing the wave of food price increases and consumers postponing purchases to protect their household finances. - FY2023-Q2WorsenedAnnual report
「As indicated by the Consumer Price Index (CPI), domestic prices have risen to a certain extent. However, some products have seen sales volumes decline following price increases, while many companies have been unable to fully cover higher manufacturing costs and have implemented multiple price increases. Consumers, in turn, have begun postponing purchases, leaving the outlook for consumption uncertain.」
It specifies the risks associated with consumers' preference for low prices and economy by citing declines in sales volumes following price increases, multiple price increases and consumers postponing purchases. - FY2023-Q1MaterialisedAnnual report
「Prices have risen, and some products have seen sales volumes decline in response to price increases. However, many companies have implemented further price increases because they have been unable to cover higher manufacturing costs, leaving the outlook for consumption uncertain.」
It notes that sales volumes have actually declined following price increases and that the outlook for consumption remains uncertain. - FY2021-Q2MaterialisedAnnual report
「Consumer sentiment remains weak, with consumption spending still depressed due to changes in working styles such as telework, reduced income and dismissals resulting from being required to stay home.」
It states that consumption spending has in fact declined against the backdrop of changes in working styles, reduced income and dismissals during the pandemic. - FY2020-Q3RestatedAnnual report
「Overall, the economy remains uncertain, while chronic labor shortages and consumers' strong preference for low prices, together with intensified competition among companies, have resulted in a difficult business environment.」
Consumers' preference for low prices and intensifying competition among companies continue to be described as a difficult business environment. - FY2020-Q2RestatedAnnual report
「As signs of economic stagnation began to emerge, consumers' preference for low prices and economy remained strong, while competition among companies intensified, resulting in a difficult business environment.」
Consumers' preference for low prices and economy, together with intensifying competition among companies, continues to be described as a difficult business environment. - FY2020-Q1RestatedAnnual report
「Although the economy has shown signs of improvement, consumers' preference for low prices remains strong due to the increase in fixed-term employment and sluggish wage growth, while competition among companies has intensified, resulting in a difficult business environment.」
Although the economy is showing signs of improvement, consumers' preference for low prices and intensifying competition among companies continue to be described as a difficult business environment. - FY2019RestatedAnnual report
「Consumers continue to have a strong tendency to economize by choosing products they consider to offer good value for money.」
It states that consumers' preference for low prices and economy remains strong. - FY2019-Q3RestatedAnnual report
「Overall, although the economy is showing signs of improvement, chronic labor shortages and consumers' strong preference for low prices, together with intensified competition among companies, have resulted in a difficult business environment.」
Although the economy is showing signs of improvement, consumers' preference for low prices and intensifying competition among companies continue to be described as a difficult business environment. - FY2019-Q2RestatedAnnual report
「Although the economy has shown signs of improvement, consumers' preference for low prices remains strong due to the increase in fixed-term employment and sluggish wage growth, while competition among companies has intensified, resulting in a difficult business environment.」
Although there are signs of an economic recovery, consumers' preference for low prices and intensifying competition among companies continue to be described as a difficult business environment. - FY2019-Q1RestatedAnnual report
「Although the economy has shown signs of improvement, consumers' preference for low prices remains strong due to the increase in fixed-term employment and sluggish wage growth, while competition among companies has intensified, resulting in a difficult business environment.」
Although there are signs of an economic recovery, consumers' preference for low prices and intensifying competition among companies continue to be described as a difficult business environment. - FY2018RestatedAnnual report
「Although signs of an economic improvement have emerged, consumers' preference for low prices remains strong, while competition among companies has intensified, resulting in a difficult business environment.」
Although there are signs of an economic recovery, consumers' preference for low prices and intensifying competition among companies continue to be described as a difficult business environment. - FY2018-Q2RestatedAnnual report
「Although the economy has shown signs of improvement, consumers' preference for low prices remains strong due to the increase in fixed-term employment and sluggish wage growth, while competition among companies has intensified, resulting in a difficult business environment.」
Although there are signs of an economic recovery, consumers' preference for low prices and intensifying competition among companies continue to be described as a difficult business environment. - FY2018-Q1RestatedAnnual report
「Although the economy has shown signs of improvement, consumers' preference for low prices remains strong due to the increase in fixed-term employment and sluggish wage growth, while competition among companies has intensified, resulting in a difficult business environment.」
Although the economy is showing signs of improvement, consumers' preference for low prices and intensifying competition among companies continue to be described as a difficult business environment. - FY2017RestatedAnnual report
「Against the backdrop of economic conditions, consumers' renewed preference for low prices and, amid concerns about the future, their increasingly strong tendency to economize by refraining from buying nonessential items led to intensified competition among companies, resulting in a difficult business environment.」
Consumers' preference for low prices and economy, together with intensifying competition among companies, continues to be described as a difficult business environment. - FY2017-Q3RestatedAnnual report
「Against the backdrop of economic conditions, consumers' renewed preference for low prices led to a stronger tendency for purchases to concentrate on special offers and other discounted products, while competition among companies also intensified, resulting in a difficult business environment.」
Consumers' preference for low prices and intensifying competition among companies continue to be identified as risks to the business environment. - FY2017-Q2RestatedAnnual report
「Against the backdrop of economic conditions, consumers' renewed preference for low prices led to a stronger tendency for purchases to concentrate on special offers and other discounted products, while competition among companies also intensified, resulting in a difficult business environment.」
Consumers' preference for low prices and intensifying competition among companies continue to be identified as risks to the business environment. - FY2017-Q1First statedAnnual report
「Consumers' renewed preference for low prices led to a stronger tendency for purchases to concentrate on special offers, sales and other discounted products, while competition among companies also intensified, resulting in a difficult business environment.」
Changes in consumer behavior and the competitive environment are described as risks to the business environment.