Komori
Kura Sushi (2695) · RiskRestated

Intensifying competition due to aggressive store openings by competitors

First written in FY2016-Q2. 11 of 15 entries say "Restated". Latest entry: FY2020.

15entries
6years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016-Q2 – FY2016-Q3RestatedFY2017-Q1 – FY2017RestatedFY2018-Q2 – FY2018-Q3RestatedFY2019-Q2 – FY20202016: 220162017: 320172018: 420182019: 320192020: 220202021: 1
Same theme, other companies
Deterioration in Store Profitability Due to Shortfalls in Store Opening Plans and Competing StoresA theme 51 companies write about · 53 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2018: 11 of 30 companies on the "Worse" side.

26 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 51 companies compared. The sentences above are computed from all 51.
Full recordFilings, disclosures and news, newest first
  1. FY2020RestatedAnnual report

    「In the food service industry, the operating environment remains challenging, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    The challenging competitive environment, including competitors' aggressive store openings, is reaffirmed for the full year as well.
  2. FY2020-Q1RestatedAnnual report

    「In the food service industry, the challenging environment continues due to ongoing cost increases, including labor and raw material costs, and intensifying competition to attract customers across business formats, including prepared-food businesses.」

    Rising costs, including labor and raw material costs, and intensifying cross-format competition to attract customers, including competition from prepared-food businesses, are described as the continuing challenging business environment.
  3. FY2019RestatedAnnual report

    「In the food service industry, the operating environment remains challenging, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    The challenging competitive environment, including competitors' aggressive store openings, continues to be described as an operating-environment risk.
  4. FY2019-Q3RestatedAnnual report

    「In the food service industry, the challenging environment continues, owing to elevated raw material prices, rising labor costs due to tight labor supply and demand, and growth in the prepared-food market.」

    The continuing severity of the cross-format competitive environment, including growth in the prepared-food market, continues to be described.
  5. FY2019-Q2RestatedAnnual report

    「In the food service industry, the challenging environment continues, owing to the impact of competitors' aggressive store openings, rising labor costs due to tight labor supply and demand, and growth in the prepared-food market.」

    The challenging competitive environment, including competitors' aggressive store openings and growth in the prepared-food market, continues to be described as a business-environment risk.
  6. FY2019-Q1WorsenedAnnual report

    「In the food service industry, the challenging environment continues due to ongoing cost increases, including labor and raw material costs, and intensifying competition to attract customers across business formats, including prepared-food businesses.」

    The intensifying competition to attract customers across business formats, including prepared foods, is explicitly identified, making the severity of the competitive environment more concrete.
  7. FY2018-Q3RestatedAnnual report

    「In the food service industry, in addition to the impact of competitors' aggressive store openings, the industry continues to face a challenging environment, including rising labor costs due to tight labor supply and demand.」

    The competitive environment resulting from competitors' aggressive store openings continues to be described as a factor contributing to the challenging business environment.
  8. FY2018-Q2RestatedAnnual report

    「In the food service industry, the challenging environment continues, owing to the impact of competitors' aggressive store openings, rising labor costs due to tight labor supply and demand, and growth in the prepared-food and deli market.」

    The challenging competitive environment, including competitors' aggressive store openings and growth in the prepared-food and deli market, continues to be described as a business risk.
  9. FY2018-Q1WorsenedAnnual report

    「In the food service industry, in addition to the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand, sales of high-value-added prepared foods, including convenience-store products and supermarket deli items, continued to grow, and the challenging environment persisted.」

    The competition from prepared foods described previously is now presented in terms of the growth in sales of convenience-store products and supermarket deli items as an actual competitive factor.
  10. FY2017RestatedAnnual report

    「In the food service industry, the group continues to face a challenging environment, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    Competitors' aggressive store openings are again cited as a factor contributing to the continuing challenging business environment.
  11. FY2017-Q2RestatedAnnual report

    「In the food service industry, in addition to the impact of competitors' aggressive store openings, the group continued to face a challenging environment, including rising labor costs due to tight labor supply and demand.」

    The competitive environment resulting from competitors' aggressive store openings is again cited as a factor contributing to the continuing challenging business environment.
  12. FY2017-Q1RestatedAnnual report

    「In the food service industry, the group continues to face a challenging environment, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    The competitive environment resulting from competitors' aggressive store openings is again cited as a factor contributing to the continuing challenging business environment.
  13. FY2016WorsenedAnnual report

    「In the food service industry going forward, in addition to competition among food service companies, competition is also expected from prepared-food businesses, such as convenience stores and deli sections of supermarkets, which offer greater convenience and value for money.」

    In addition to the traditional competition among food service companies, competition from prepared-food businesses such as convenience stores and supermarket deli sections is also identified, broadening the scope of the competitive environment.
  14. FY2016-Q3RestatedAnnual report

    「In the food service industry, in addition to the impact of competitors' aggressive store openings, the industry continues to face a challenging environment, including rising labor costs due to tight labor supply and demand.」

    The impact of competitors' aggressive store openings is again presented as part of the continuing challenging environment for the food service industry.
  15. FY2016-Q2First statedAnnual report

    「In addition to the impact of competitors' aggressive store openings, the group continued to operate in a challenging environment, including rising labor costs due to tight labor supply and demand.」

    The impact of competitors' aggressive store openings is described as part of the continuing challenging business environment.
Moved together

"Slowdown in the Recovery of Personal Consumption and Weakness in Corporate Capital Investment" moved the same way as this thread, in the same document, in 2 of its 15 moves.

2★1
  1. ★This thread
  2. 1Slowdown in the Recovery of Personal Consumption and Weakness in Corporate Capital Investment2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kura Sushi yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.