Threat Posed by the Spread of Cloud- and IoT-Enabled Next-Generation Networks
First written in FY2018. 2 of 6 entries say "Restated". Latest entry: FY2020.
Abc-Mart moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2017: 1 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2020WorsenedAnnual report
「As competition with online retail intensifies, we recognize that differentiating physical stores through customer service is of utmost importance.」
Competition with online retail has intensified, and differentiation through customer service at physical stores has been identified as the most important issue. - FY2019RestatedAnnual report
「Against the backdrop of labor shortages and the expansion of online retail, capital investment, particularly in logistics and IT, has expanded sharply. In domestic consumption, competition driven by the rapid growth of online channels has intensified, making it essential to strengthen the omnichannel strategy.」
Logistics and IT investment have expanded sharply against the backdrop of labor shortages and the expansion of online retail, and the recognition that strengthening the omnichannel model is essential in response to online competition remains in place. - FY2019-Q3WorsenedAnnual report
「Capital investment, particularly IT investment, has expanded sharply due to labor shortages and competition for share in online retail.」
IT investment reportedly expanded sharply against the backdrop of competition for online retail market share, with the impact of retail competition centered on online channels and IT described in more specific and forceful terms. - FY2019-Q2RestatedAnnual report
「In Japan, although there are positive signs such as improving corporate earnings and expanding inbound consumption, the emergence of labor shortages and the rise of online commerce have led to increased capital investment, particularly in IT.」
The rise of online channels and increased IT investment have been reiterated as already visible changes in the operating environment, using the same framing as in the previous quarter. - FY2019-Q1ReframedAnnual report
「In Japan, although there are positive signs such as improving corporate earnings and expanding inbound consumption, the emergence of labor shortages and the rise of online commerce have led to increased capital investment, particularly in IT.」
The description of the future threat posed by the spread of next-generation networks using cloud computing and IoT shifted to presenting the rise of online channels and increased IT investment as already visible changes in the operating environment. - FY2018First statedAnnual report
「In the consumer environment, we expect the spread of online services using cloud computing and next-generation networks based on IoT to become a major threat to retailers operating multiple stores.」
The spread of online services using cloud computing and IoT and next-generation networks was explicitly identified for the first time as an external threat to multi-store retailers.