Intensifying Competition in Soft Drinks Sales and Industry Consolidation
First written in FY2016-Q2. 10 of 26 entries say "Restated". Latest entry: FY2024.
Coca-Cola Bottlers Japan Holdings moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).
The whole theme swung hardest in 2018: 4 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2024Flat market in 2024; slight volume decline expected in 2025Annual report
「As for the outlook for the domestic soft drinks market, although the value-based market size in 2025 is expected to increase from 2024 due to higher beverage prices resulting from price revisions by soft drink companies, the market is expected to remain affected by lower consumer sentiment due to rising prices, the rebound from record extreme heat and declining demand due to price revisions, among other factors, and volume is expected to decline slightly.」
While the view is that 2024 market volume would be in line with the previous period, the outlook has been organized around an expectation that in 2025 the market will increase on a value basis but decline slightly on a volume basis. - FY2024-Q1SoftenedAnnual report
「Although the domestic soft drinks market in the first quarter was negatively affected by the impact on demand of price revisions implemented by soft drink companies in the previous period, it is believed to have increased by approximately 3% year on year on a volume basis against the backdrop of continued growth in foot traffic and other factors.」
Although the negative impact of price revisions on demand, competition and rising costs remains, the view is that the domestic soft drinks market increased by approximately 3% year on year against the backdrop of growing foot traffic, representing a temporary improvement from the previous fiscal year’s outlook for a slight decline in the 2024 market. - FY2023WorsenedAnnual report
「The market size in 2024 is expected to decline slightly from 2023 on a volume basis. In addition, the outlook for raw material and supply prices and foreign exchange rates remains uncertain, and the challenging environment for the Company is expected to continue, including anticipated pressure for cost increases due to external factors.」
The outlook has changed from the view that market volume increased year on year in 2023 to an expectation that the market size will decline slightly in 2024 due to price revisions, inflation, the rebound from extreme heat and other factors. - FY2023-Q3SoftenedAnnual report
「Although demand in the domestic soft drinks market in the cumulative third-quarter period continued to trend upward against the backdrop of recovering foot traffic, increased economic activity and extreme heat, the market is believed to have increased by approximately 1% year on year on a volume basis due to the negative impact on demand of price revisions implemented by soft drink companies, among other factors.」
Although the negative impact of price revisions on demand and the competitive environment remain, the domestic soft drinks market is expected to have increased by approximately 1% year on year, improving from the previous quarter’s view of an approximately 1% decline. - FY2023-Q2WorsenedAnnual report
「Although demand continued to increase against the backdrop of recovering foot traffic and increased economic activity, the domestic soft drinks market in the first half is believed to have declined by approximately 1% year on year due to the negative impact on demand of price revisions implemented by soft drink companies and the rebound from the extreme heat in the same period of the previous year.」
Although demand has tended to increase as foot traffic recovered, the view of the domestic soft drinks market deteriorated to an expectation of an approximately 1% year-on-year decline due to price revisions and the rebound from the extreme heat in the previous year. - FY2023-Q1SoftenedAnnual report
「Although the domestic soft drinks market in the first quarter was negatively affected by the impact on demand of price revisions implemented by soft drink companies in the previous period, it is believed to have increased slightly year on year on a volume basis, due to higher demand against the backdrop of recovering foot traffic and increased economic activity, as well as the rebound from the impact of COVID-19-related restrictions on activities in the same period of the previous year.」
Although the negative impact of price revisions on demand and the challenging business environment remain, the market is expected to have increased slightly year on year due to the recovery in foot traffic, increased economic activity and the rebound from activity restrictions in the previous year. - FY2022-Q3SoftenedAnnual report
「The domestic soft drinks market in the consolidated cumulative third-quarter period is estimated to have increased by approximately 5% year on year on a volume basis, due to the continuing recovery in foot traffic after the lifting of COVID-19 restrictions on activities and the impact of extreme heat. Meanwhile, the business environment remains uncertain and challenging, as continued severe competition, surging prices for raw materials, supplies and energy, and the rapid depreciation of the yen have affected consumer behavior and business activity.」
The domestic soft drinks market increased by approximately 5% year on year on a volume basis, while the challenging business environment caused by intensifying competition, higher costs and yen depreciation continues. - FY2022-Q2SoftenedAnnual report
「The domestic soft drinks market in the first half (1 January–30 June) is estimated to have increased by approximately 4% year on year on a volume basis, due to higher demand from the recovery in foot traffic after late March as various COVID-19 restrictions were eased, as well as the early end of the rainy season in many areas and the extreme heat in late June. However, the business environment remains uncertain and challenging due to changes in consumer purchasing behavior, continued severe competition, worldwide price increases for raw materials, supplies and crude oil, and the rapid depreciation of the yen.」
The note describes an approximately 4% year-on-year increase in market volume and recovery in demand after COVID-19 restrictions were eased, while the challenging environment caused by competition, higher costs and yen depreciation continues. - FY2022-Q1RestatedAnnual report
「The business environment remains uncertain and challenging due to continued severe competition against the backdrop of changes in consumer purchasing behavior and delayed recovery in overall demand, as well as worldwide price increases for raw materials, supplies and crude oil.」
The note reconfirms that severe competition is continuing against the backdrop of changes in consumer behavior and delayed recovery in demand. - FY2021-Q3RestatedAnnual report
「The domestic soft drinks market in the cumulative third-quarter period is believed to have remained in line with the same period of the previous year, despite the fading impact of COVID-19 and the rebound from the initial impact in the same period of the previous year, as it was affected by repeated declarations of a state of emergency and record heavy rain in August, the peak summer demand month, among other factors.」
Despite the rebound from COVID-19, the note indicates that the domestic soft drinks market remained in line with the same period of the previous year due to the impact of states of emergency and heavy rain. - FY2021-Q2SoftenedAnnual report
「The domestic soft drinks market in the first half is believed to have increased only slightly year on year, despite the fading impact of COVID-19 and the rebound from the initial impact in the same period of the previous year, as it remained affected by repeated declarations of a state of emergency and other factors.」
Although the impact of the state of emergency continued, the market increased slightly year on year, representing a partial improvement from the previous quarter’s view that the market had contracted. - FY2021-Q1WorsenedAnnual report
「The domestic soft drinks market in the consolidated first-quarter accounting period (1 January–31 March 2021, hereinafter the “first quarter”) is believed to have contracted year on year, affected by states of emergency declared from early January through late March.」
The view has changed to an expectation that the domestic soft drinks market contracted year on year due to the state of emergency, calls for people to refrain from going out and consumers’ preference for economizing. - FY2020-Q3WorsenedAnnual report
「The domestic soft drinks market in the consolidated cumulative third-quarter period is viewed as having contracted year on year, partly due to lower demand accompanying reduced outings as a result of the spread of COVID-19 and the impact of unseasonable weather in July.」
The view of the domestic soft drinks market has deteriorated to an expectation of a year-on-year contraction due to reduced outings caused by COVID-19 and unseasonable weather in July. - FY2020-Q2WorsenedAnnual report
「The domestic soft drinks market in the first half (January–June) is expected to have contracted by approximately 10% year on year on a cumulative basis, affected by requests for business closures and calls for people to refrain from going out following the government’s declaration of a state of emergency to prevent the spread of COVID-19.」
The view of the domestic soft drinks market has deteriorated from the previous expectation of a flat or slightly higher market to an expectation that it contracted by approximately 10% year on year in the first half due to COVID-19, requests for business closures and calls for people to refrain from going out. - FY2020-Q1WorsenedAnnual report
「The domestic soft drinks market is expected to have declined year on year on a cumulative basis, partly because it fell from March onward following the government’s requests in late February for school closures, encouragement of working from home and restraint from holding large-scale events as measures to prevent the spread of COVID-19.」
The view has deteriorated from the previous expectation that the market would be flat or increase slightly to an expectation that the domestic soft drinks market would decline year on year in the first quarter of 2020 due to the impact of COVID-19. - FY2019-Q2WorsenedAnnual report
「The domestic soft drinks market in the consolidated cumulative second-quarter period (1 January–30 June 2019, hereinafter the “first half”) is expected to have declined slightly year on year.」
The outlook has changed from the previous view that the market would be in line with or slightly above the same period of the previous year to an expectation of a slight year-on-year decline in the first half of 2019. - FY2019-Q1RestatedAnnual report
「The domestic soft drinks market in the consolidated first-quarter accounting period (1 January–31 March 2019, hereinafter the “first quarter”) is expected to have remained broadly in line with the same period of the previous year.」
The note continues to reflect the previous view of a challenging market environment, including competition, while expecting the domestic soft drinks market to remain in line with the same period of the previous year. - FY2018-Q2RestatedAnnual report
「In the consolidated cumulative second-quarter period (1 January–30 June 2018, hereinafter the “first half”), the domestic beverage market is expected to have increased slightly year on year, partly because companies actively introduced new products amid intensifying competition.」
The note indicates that the domestic beverage market was expected to increase slightly year on year as companies introduced new products, while competition continued to intensify. - FY2018-Q1RestatedAnnual report
「In the consolidated first-quarter accounting period (1 January–31 March 2018, hereinafter the “first quarter”), although severe cold continued through February in the beverage market, the market is assumed to have increased slightly year on year, owing to continued fine weather in March and the active introduction of new products by companies amid intensifying competition.」
The note indicates that the beverage market was assumed to have increased slightly year on year due to weather and new product launches, while competition among companies continued to intensify. - FY2017RestatedAnnual report
「In the soft drinks industry, although the market was affected by prolonged rain mainly in eastern Japan, including the Kanto and Tohoku regions, during the peak summer demand season, as well as low temperatures and heavy rain in many regions toward year-end, the market was broadly in line with the previous period, partly because soft drink companies actively introduced products that emphasized added value, including Foods for Specified Health Uses and Foods with Function Claims.」
The note indicates that the soft drinks market remained in line with the previous period despite a competitive environment affected by unseasonable weather and the launch of value-added products. - FY2017-Q3RestatedAnnual report
「In the soft drinks industry, although unseasonable weather persisted during the peak summer demand season, including prolonged rain mainly in eastern Japan such as the Kanto and Tohoku regions, the market has remained broadly in line with the same period of the previous year, partly because soft drink companies actively introduced products that emphasized added value, including Foods for Specified Health Uses and Foods with Function Claims.」
The note describes companies’ launch of value-added products and the market remaining broadly in line with the same period of the previous year, continuing the theme of a highly competitive environment in the soft drinks market. - FY2017-Q2RestatedAnnual report
「Although consumer needs are becoming more diverse and intense sales competition among companies continues, soft drinks companies are focusing on profitability and actively launching high-value-added products, and the market is performing at roughly the same level as in the year-earlier period.」
While consumer needs continue to diversify and sales competition remains intense, the company states that the market is at roughly the same level as the year-earlier period, supported by companies’ focus on profitability and launches of high-value-added products. - FY2017-Q1RestatedAnnual report
「In the soft drinks industry, although companies continue to focus on improving profitability, sales competition among them remains intense and conditions continue to be difficult.」
While recognizing that companies are focusing on profitability, the company maintains its view that sales competition among soft drinks companies remains intense and conditions are difficult. - FY2016SoftenedAnnual report
「Although sales competition among soft drinks companies continues, signs of change in the industry environment are beginning to emerge, including moves by companies to improve profitability.」
While recognizing that sales competition continues, the company notes moves by individual companies to improve profitability and signs of change in the industry environment. - FY2016-Q3RestatedAnnual report
「In the soft drinks industry, market growth was positive, partly due to the impact of extremely hot summer days, but sales competition among companies remains intense and conditions continue to be difficult.」
While market growth was positive due to the extremely hot weather, sales competition remains intense, and the company maintains its view that the business environment is difficult. - FY2016-Q2First statedAnnual report
「In the soft drinks industry, although soft drinks companies are taking steps to improve profitability, sales competition among them remains intense and conditions continue to be difficult.」
Market maturation, limited expectations for significant growth, expanding business alliances and accelerating industry consolidation are described as factors making the business environment difficult.