Intensifying Competition from Food Delivery Ordering Sites and Proprietary Delivery Services
First written in FY2016. 3 of 8 entries say "Restated". Latest entry: FY2025.
Demae-Can moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「If competition with existing competitors and new entrants intensifies, or if member restaurants strengthen their own delivery services, this may affect the Group’s business and performance.」
The risk of intensifying competition from competitors, new entrants and member restaurants’ own services continues. - FY2024RestatedAnnual report
「If competition with existing competitors and new entrants intensifies, or if member restaurants strengthen their own delivery services, this may affect the Group’s business and performance.」
The risk of intensifying competition from competitors, new entrants and member restaurants’ own services continues. - FY2022Market rationalization and market share maintenanceAnnual report
「At the start of the current period, competitors underwent a series of industry consolidations, including mergers and business withdrawals, allowing the market to rationalise sooner than expected. As of the end of the period, we had captured approximately half of the market based on DAU (daily active users).」
The market was rationalised through mergers and withdrawals by competitors, and the DAU-based market share was stated to be approximately half as of the end of the period. - FY2022-Q3Maintaining market share amid intensifying competitionAnnual report
「The market share, which had expanded to approximately half of the total market as of the end of the previous quarter, was maintained at a similar level throughout the third quarter. The Company also ranked first in app downloads by category for the second consecutive quarter from the first quarter, successfully attracting users as competitors accelerated market rationalization.」
The Company explains that it maintained market share at a similar level and attracted users even as competitors accelerated market rationalization. - FY2021SoftenedAnnual report
「However, many competitors operate websites that, like the Group, broker delivery orders online. If competition with these companies and new entrants intensifies, or if franchisees strengthen delivery services on their own websites, the Group's business and performance could be affected.」
The risk of intensifying competition continues, but this filing does not include the specific strong language used in the previous quarter, such as the risk of being overtaken in the near future. - FY2020-Q2WorsenedAnnual report
「Major competitors are rapidly increasing the number of restaurants they serve, far outpacing the Company, primarily through delivery-agent services for users of restaurants that do not have their own delivery capabilities, a market of approximately 600,000 restaurants. If current conditions continue, the Company's position as Japan's largest food-delivery operator could be reversed in the near future, raising concerns that competitors could secure an overwhelming market share, particularly among restaurants without their own delivery capabilities.」
The Company explicitly stated concerns that major competitors' growth in the number of restaurants served was far outpacing its own, potentially reversing its position as Japan's largest operator in the near future. - FY2019RestatedAnnual report
「However, many competitors operate websites that, like the Group, broker delivery orders online. If competition with these companies and new entrants intensifies, or if franchisees strengthen delivery services on their own websites, the Group's business and performance could be affected.」
The Company continues to identify competitive risks from existing competitors, new entrants, and franchisees' proprietary websites. - FY2016First statedAnnual report
「If competition with existing competitors and new entrants intensifies, or if franchisees strengthen delivery services on their own websites, the Group's business and performance could be affected.」
The Company identifies existing competitors, new entrants, and franchisees' stronger proprietary websites as competitive risks that could affect the performance of the Demae-can business.