Growth in Demand for Prepared Food During the COVID-19 Pandemic
First written in FY2021-Q2. . Latest entry: FY2025.
1 other company's latest entry also says "Other".
- FY2025Market growth pauses; impact on demand continuesAnnual report
「With the COVID-19 pandemic having subsided, growth in Japan's food delivery market has paused in the current environment.」
The company describes a business environment in which growth in the food delivery market has paused against the backdrop of recovering demand for dining out after the COVID-19 pandemic and rising prices, among other factors. - FY2023-Q3Restrictions lifted; impact on demand continuesAnnual report
「As COVID-19, which had been showing signs of subsiding since the previous quarter, was reclassified on 8 May from Category II to Category V under the Infectious Diseases Act, COVID-related restrictions on activities were lifted and the flow of people increased substantially. As a result, sales in the foodservice industry during the quarter continued to exceed 2019, the pre-COVID level. In addition, the consumer price index continued to rise during the quarter, while household consumption expenditure declined, having a considerable impact on demand for food delivery.」
While the reclassification of COVID-19 to Category V and the lifting of restrictions on activities led to continued recovery in the flow of people and demand for dining out, the company continues to recognize that rising prices and declining household consumption expenditure are affecting demand for food delivery. - FY2023-Q2Impact on demand from rising prices and declining real wagesAnnual report
「As the number of people out and about increased amid signs that COVID-19 was subsiding and moves to ease mask-wearing requirements, sales in the foodservice industry during the quarter continued to exceed 2019, the pre-COVID level, as they had in the previous quarter. (Source: Japan Foodservice Association) Meanwhile, the consumer price index rose 4.0% year on year in December 2022, reaching its highest level in 41 years, real wages in January 2023 fell 4.1% year on year, marking the largest rate of decline in 8 years and 8 months, and household consumption expenditure continued to decline, having a considerable impact on demand for food delivery. (Sources: Ministry of Internal Affairs and Communications; Ministry of Health, Labour and Welfare)」
While demand for dining out continued to recover, a new description of the business environment indicated that rising prices, declining real wages and lower household consumption expenditure were affecting demand for food delivery. - FY2023-Q1Recovery in demand for dining out; change in the delivery environmentAnnual report
「From October, the flow of people became more active following the launch of the nationwide travel support program and the significant easing of border control measures. The Go To Eat campaign also resumed in Tokyo in late October for the first time in 2 years, and consumer activity recovered substantially as a result. Sales in the foodservice industry exceeded 2019, the pre-COVID level, for the first time in October.」
The company describes a business environment in which the flow of people, consumer activity and demand for dining out have been recovering. - FY2022-Q3Changes in the demand environmentAnnual report
「The third quarter saw changes in individual consumer behaviour, with demand for going out and dining out recovering substantially as the number of COVID-19 cases declined and the state of emergency and priority preventive measures were lifted nationwide, while growth in delivery slowed.」
In addition to the growth in demand for prepared meals reported in the previous filing, demand for dining out recovered as the number of infections declined and restrictions on activities were lifted, resulting in a reported change in the demand environment in which delivery growth slowed. - FY2021-Q2First statedAnnual report
「As the impact of COVID-19 has persisted and requests to refrain from operating dine-in services have made foodservice management more difficult, demand for prepared meals has grown substantially.」
The company describes a business environment in which demand for prepared meals has grown substantially, in contrast to the difficult conditions facing foodservice operators due to requests to refrain from operating dine-in services.