Emergence of competing stores and intensifying competition
First written in FY2016. 7 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 15 of 38 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If a competitor opens a store adjacent to a highly profitable store, it will have a significant impact on operating results. Many such cases have occurred in the past.」
The impact on existing-store performance from the emergence of competing stores continued to be identified as an example that had occurred in the past. - FY2024RestatedAnnual report
「If a competitor opens a store adjacent to a highly profitable store, it will have a significant impact on operating results. Many such cases have occurred in the past.」
The impact on existing-store performance from the emergence of competing stores was reiterated as an example that had occurred in the past. - FY2022-Q2WorsenedAnnual report
「Meanwhile, although the home-delivery pizza business operated by subsidiary 株式会社テンフォー slightly underperformed the same period of the previous year amid intensifying competition, including competition from companies in the same industry and the increase in delivery services, it remained firm.」
In the home-delivery pizza business, intensifying competition due to competing companies and the increase in delivery services was reflected in performance falling below the same period of the previous year. - FY2022-Q1WorsenedAnnual report
「Meanwhile, although the home-delivery pizza business operated by subsidiary 株式会社テンフォー underperformed the same period of the previous year amid intensifying competition, including competition from companies in the same industry and the increase in delivery services, it remained firm, supported by demand arising from the spread of new lifestyles and increased time spent at home, as in the previous consolidated fiscal year.」
In the home-delivery pizza business, competition from companies in the same industry and the increase in delivery services were explicitly identified as intensifying competition, and performance fell below the same period of the previous year. - FY2020RestatedAnnual report
「If a competitor opens a store adjacent to a highly profitable store, it will have a significant impact on operating results. Many such cases have occurred in the past.」
The impact on existing-store performance from the emergence of competing stores was reiterated as an example that had occurred in the past. - FY2019RestatedAnnual report
「If a competitor opens a store adjacent to a highly profitable store, it will have a significant impact on operating results. Many such cases have occurred in the past.」
The impact on existing-store performance from the emergence of competing stores was reiterated as an example that had occurred in the past. - FY2018-Q3RestatedAnnual report
「The food-service industry continues to face an extremely challenging operating environment due to rising recruitment and labour costs resulting from persistent hiring difficulties, higher raw material prices and intensifying competition across industries and business formats.」
The disclosure continued to identify intensifying competition across industries and business formats, rather than limiting it to companies in the same industry, as an ongoing operating-environment risk. - FY2017RestatedAnnual report
「If a competitor opens a store adjacent to a highly profitable store, it will have a significant impact on operating results. Many such cases have occurred in the past.」
The impact on existing-store performance from the emergence of competing stores and intensifying competition was reiterated. - FY2017-Q2RestatedAnnual report
「In addition to concerns about a slowdown in inbound consumption due to weaker growth in visitor numbers resulting from a downturn in the global economy and the impact of the stronger yen, companies have been accelerating product development in the prepared-meals sector, where reduced tax rates will apply, and opening specialty stores ahead of the consumption-tax increase scheduled for April 2017. As competition to attract customers intensifies, the surrounding business environment remains challenging.」
The disclosure continued to describe intensifying competition to attract customers, including developments in the prepared-meals sector and specialty stores as well as competition from companies in the same industry. - FY2017-Q1WorsenedAnnual report
「The operating environment surrounding the food-service industry remains challenging due to labour shortages, rising labour costs, higher raw material prices and intensifying competition for customers with peers and adjacent sectors such as prepared foods.」
The disclosure explicitly identified intensifying competition and described adjacent industries, including prepared meals, in addition to other companies in the same industry, as part of the competition to attract customers. - FY2016First statedAnnual report
「If a competitor opens a store adjacent to a highly profitable store, it will have a significant impact on operating results. Many such cases have occurred in the past.」
The impact of competitor openings on the operating results of existing stores was described as an example that had occurred in the past.