Reduced Purchasing and Increased Saving in Response to Rising Prices and Price Hikes
First written in FY2023-Q3. 8 of 11 entries say "Restated". Latest entry: FY2026.
Planet moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
19 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As purchasing behavior changes significantly, including the polarization of selective consumption of necessities, companies across the industry are expected to make greater progress in rationalizing and improving operational efficiency through business-structure transformation, IT adoption, DX initiatives and the use of AI, in order to improve profitability.」
Selective consumption of necessities driven by high prices and thrift-oriented behavior, together with the “polarization of consumption,” is presented as a structural change in purchasing behavior. - 2026-09-14RestatedEarnings
「While frugality and a focus on protecting household finances have become entrenched amid continuing price increases, demand for value-added products that improve daily convenience and comfort remains strong, making differences in consumer spending patterns increasingly pronounced.」
The company continues to describe the market as characterized by both frugality caused by rising prices and persistent demand for value-added products. - FY2026-H1WorsenedAnnual report
「While persistent cost-saving preferences for everyday essentials accelerated the polarization of consumption, demand for value-added products focused on functionality and convenience remained solid.」
The company identifies cost-saving preferences for everyday essentials and the accelerating polarization of consumption as headwinds for the general consumer goods market. - FY2025RestatedAnnual report
「Consumers were observed to be holding back on purchases because of rising prices.」
The company continues to describe reduced purchasing due to rising prices as a headwind for the general consumer goods distribution market. - FY2025-H1RestatedAnnual report
「While consumers were observed to be holding back on purchases because of rising prices, sales of cosmetics, laundry detergents and OTC medicines were strong, supported by more opportunities to go out and a recovery in inbound demand.」
The company continues to describe reduced purchasing due to rising prices as a market headwind, while also noting strong performance in product categories supported by more opportunities to go out and a recovery in inbound demand. - FY2024RestatedAnnual report
「At the same time, reduced purchasing due to stronger cost-saving preferences continued to be observed, and conditions remained difficult overall.」
The company continues to describe reduced purchasing due to stronger cost-saving preferences and difficult conditions in the general consumer goods distribution industry. - FY2024-Q3RestatedAnnual report
「In the general consumer goods distribution industry, in which the company is primarily engaged, difficult conditions continued overall as stronger cost-saving preferences led to reduced purchasing.」
The company continues to describe reduced purchasing due to stronger cost-saving preferences and difficult conditions in the general consumer goods distribution industry. - FY2024-Q2RestatedAnnual report
「In addition, although sales of premium products in each category and pet-related products remained solid, the situation remained difficult, with reduced purchasing observed as cost-saving preferences intensified.」
While recognizing the resilience of premium and pet-related products, the company continues to describe reduced purchasing due to stronger cost-saving preferences and a difficult market environment. - FY2024-Q1RestatedAnnual report
「Although sales of premium products in each category and pet-related products remained solid, the situation remained difficult, with reduced purchasing observed as cost-saving preferences intensified.」
While recognizing the resilience of premium and pet-related products, the company continues to describe reduced purchasing due to stronger cost-saving preferences and a difficult market environment. - FY2023RestatedAnnual report
「Food and utility price increases resulting from surging raw material costs led to reduced purchasing and stronger cost-saving preferences, indicating deteriorating consumer sentiment. The situation remained difficult, partly due to the impact of declining demand for products addressing COVID-19 infection and stay-at-home-related products.」
The company continues to describe the difficult conditions in the general consumer goods distribution industry, citing reduced purchasing and stronger cost-saving preferences due to surging raw material costs and price increases, as well as declining demand for infection-prevention and stay-at-home-related products. - FY2023-Q3First statedAnnual report
「Meanwhile, food and utility price increases resulting from surging raw material costs caused a deterioration in consumer sentiment, including reduced purchasing and stronger cost-saving preferences. The situation was further aggravated by the decline in demand for products addressing COVID-19 infection prevention and stay-at-home-related products.」
The company states that food and utility price increases resulting from surging raw material costs were reflected in reduced purchasing and stronger cost-saving preferences, indicating deteriorating consumer sentiment.