Consumers' Thrift and Continued Price Competition
First written in FY2017-Q1. 14 of 27 entries say "Restated". Latest entry: 2026-08-14.
S.Ishimitsu& 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 2020: 12 of 19 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- 2026-08-14RestatedEarnings
「In the food industry, our group's core market, price revisions across a broad range of food products have continued against a backdrop of persistently high raw-material prices and labor costs, resulting in a challenging business environment.」
The company reiterated the challenging business environment caused by persistently high raw-material prices and labor costs and continuing food-price revisions. - FY2026Saving-minded consumers amid higher prices, alongside resilient eating-out demandAnnual report
「In the food industry, the main market for our Group, price revisions across a wide range of food products have continued against a backdrop of persistently high raw material prices and labor costs, leaving the operating environment challenging. In contrast, food service sales have generally remained firm, supported by the recovery in inbound demand and higher average customer spending.」
Across the food industry, persistently high raw material prices and labor costs and continued price revisions remain, while food service has remained firm on inbound demand and higher average customer spending. - FY2026-H1Rising food service demand alongside a challenging environment caused by price increasesAnnual report
「In the food industry, the main market for our Group, the challenging operating environment continues due in part to price increases across a wide range of food products. However, food service sales have increased year on year, supported by visitor traffic to Expo 2025 Osaka, Kansai, and inbound demand, which has remained strong.」
The challenging environment caused by price increases across a wide range of food products continues, while food service sales increased on visitor traffic to Expo 2025 Osaka, Kansai, and inbound demand. - FY2025-H1WorsenedAnnual report
「In the food industry, the main market for our Group, consumers have become more inclined to economize due to price increases across a wide range of food products, and the challenging operating environment continues. However, food service sales have increased year on year, supported in part by inbound demand.」
It states that consumers have become more inclined to economize amid price increases across a wide range of food products, while food service sales have increased and price competition and demand conditions have become more challenging. - FY2024-Q3RestatedAnnual report
「In the food industry, the main market for our Group, food service sales have increased year on year on the recovery in private consumption and inbound demand, despite the impact of labor shortages, higher raw material costs and other factors.」
Food service sales are increasing on the recovery in private consumption and inbound demand, while cost pressures from labor shortages and higher raw material costs continue. - FY2024-Q1Food service recovery and inbound demand alongside cost pressuresAnnual report
「In the food industry, the main market for our Group, food service sales have increased year on year, supported by a recovery in private consumption and inbound demand, but the challenging operating environment continues due to labor shortages, higher raw material costs and other factors.」
Food service sales increased on the recovery in private consumption and inbound demand, while the challenging business environment caused by labor shortages and higher raw material costs continues. - FY2023-Q3Food service recovery alongside cost pressuresAnnual report
「In the food industry, the main market for our Group, food service sales have been recovering in the absence of restrictions on activities. However, nighttime customer traffic remains weak due to changes in lifestyles during the COVID-19 pandemic, while the challenging operating environment continues due to higher energy and raw material prices, rising labor costs and other factors.」
Food service sales are recovering, but nighttime demand remains weak, and the challenging environment continues due to higher energy and raw material prices and labor costs. - FY2023-Q1Recovery in food service demand alongside cost pressuresAnnual report
「In the food industry, the main market for our Group, opportunities to go out have gradually increased, including the arrival of a long holiday period without restrictions on activities for the food service industry. Customer traffic, particularly from families, has shown signs of recovery, but the operating environment remains challenging due to labor shortages and higher raw material costs.」
Food service demand shifted toward recovery, but labor shortages and higher raw material costs remain, and the challenging business environment continues. - FY2022-Q3Recovery in eating-out demand remains weakAnnual report
「The food industry, the group's main market, is showing a gradual recovery as nationwide restrictions on business hours in the foodservice industry have been lifted. However, customer traffic, particularly at night, has not increased significantly, and the recovery appears to remain weak.」
The food service industry began to recover following the lifting of requests to shorten business hours, but the return of nighttime customers remained weak, and the recovery was described as subdued. - FY2022-Q2RestatedAnnual report
「The food industry, the group's main market, continues to be affected by COVID-19. Although demand for delivery, drive-through and takeout services has expanded amid restrictions on foodservice operations, the industry continues to face a challenging operating environment.」
While restrictions on foodservice operations have kept the environment challenging, the company also notes expanding demand for delivery, drive-through and takeout services. - FY2022-Q1RestatedAnnual report
「The food industry, the group's main market, continues to be affected by COVID-19. In particular, the foodservice industry has been forced to impose various operating restrictions to prevent infections, including refraining from serving alcoholic beverages, and continues to face a challenging operating environment.」
The company states that operating restrictions in the foodservice industry due to COVID-19 and the challenging operating environment in the food industry continue. - FY2021-Q3RestatedAnnual report
「The food industry, the group's main market, has also been significantly affected by COVID-19. In particular, the foodservice industry continues to face a challenging operating environment, as customer traffic has not recovered due to various infection-control measures.」
The company states that weak customer traffic in the foodservice industry due to COVID-19 and infection-control measures, along with the challenging operating environment in the food industry, continues. - FY2021-Q2RestatedAnnual report
「The food industry, the group's main market, has also been significantly affected by COVID-19. In particular, the foodservice industry continues to face a challenging operating environment, as customer traffic has not recovered due to people refraining from dining out in large groups and from returning to their hometowns during the Obon holidays.」
The company states that the challenging operating environment in the food industry continues, including weak demand for eating out due to COVID-19. - FY2021-Q1WorsenedAnnual report
「The food industry, the group's main market, has also been affected by COVID-19, with demand for eating out declining significantly, although some businesses have been strengthening takeout and delivery services in response to stay-at-home demand.」
In addition to the previously cited labor shortages and rising logistics costs, the company describes a significant decline in eating-out demand due to COVID-19. At the same time, it notes progress in responding through takeout and delivery services. - FY2020-Q3WorsenedAnnual report
「The food industry, the group's main market, continues to face a challenging operating environment as consumers remain focused on saving, compounded by soaring raw material prices, persistent difficulty in hiring and rising labor costs.」
The company describes the challenging environment in the food industry as resulting from consumers' focus on saving, soaring raw material prices, persistent difficulty in hiring and rising labor costs. - FY2020-Q2WorsenedAnnual report
「Although the food industry, the group's main market, has seen growth in the prepared-food and other convenience-meal markets and higher average spending per foodservice customer, it continues to face a challenging operating environment due to rising logistics costs and labor shortages, which have led to measures such as reducing the number of menu items.」
While acknowledging growth in the convenience-meal market and higher average spending per foodservice customer, the company gives specific examples of the impact of the challenging environment, including menu reductions resulting from higher logistics costs and labor shortages. - FY2020-Q1RestatedAnnual report
「Although the food industry, the group's main market, has seen growth in the prepared-food and other convenience-meal markets and higher average spending per customer in the foodservice industry, it continues to face a challenging operating environment due to ongoing labor shortages and rising logistics costs.」
While acknowledging growth in the convenience-meal market and higher average spending per foodservice customer, the company indicates that the challenging environment in the food industry continues due to labor shortages and rising logistics costs. - FY2019WorsenedAnnual report
「If competition intensifies further due to changes in demand accompanying shifts in consumer preferences, new market entrants, the formation of sales-channel affiliations or other factors, profitability may decline, potentially affecting the group's financial position and operating results.」
In addition to price competition, the company explicitly identifies intensifying competition resulting from new market entrants, sales-channel affiliations and demand fluctuations as risks. - FY2019-Q3WorsenedAnnual report
「In addition, the food industry, the group's main market, continues to face a challenging operating environment as the recovery trend in consumption has weakened.」
In contrast to the recovery and signs of improvement in consumption described through the previous quarter, the company newly refers to a weakening recovery trend in consumption, emphasizing the challenging environment in the food industry. - FY2019-Q2RestatedAnnual report
「The operating environment in the food industry, our group’s main market, remains challenging due to persistent labor shortages, rising labor costs and natural disasters, among other factors.」
The company maintains its view that the food industry continues to face a challenging operating environment due to labor shortages, higher labor costs and natural disasters. - FY2019-Q1RestatedAnnual report
「The group's main market, the food industry, has shown signs of recovery. However, the foodservice industry continues to face a challenging operating environment due to higher raw material costs and labor costs caused by labor shortages.」
While acknowledging a recovery across the food industry, the company explains that the foodservice industry continues to face a challenging environment due to higher raw material and labor costs. - FY2018-Q3RestatedAnnual report
「Meanwhile, the food industry, the group's main market, has shown signs of recovery as consumption recovers, but the situation remains uncertain due in part to rising fresh food prices and labor shortages.」
Regarding the food industry, the company acknowledges a recovery driven by the recovery in consumption, while stating that the uncertain situation will continue due to rising fresh food prices and labor shortages. - FY2018-Q2RestatedAnnual report
「Meanwhile, although some signs of recovery have emerged in the food industry, the group's main market, alongside the recovery in consumption, deflationary pressures have not been fully eliminated, and the situation remains uncertain due in part to labor shortages.」
The company maintains its view that the challenging environment in the food industry will continue. In addition to the previous references to consumers' focus on saving and price competition, it now also refers to deflationary pressures and labor shortages. - FY2018-Q1RestatedAnnual report
「Although demand for high-value-added products exists in the food industry, the group's main market, due to growing health consciousness and concern for safety and security, consumers' focus on saving and price competition continued, and the challenging operating environment persisted.」
Although demand for high-value-added products exists, consumers' focus on saving and price competition continued, and the challenging environment persisted. - FY2017-Q3RestatedAnnual report
「The food industry, the group's main market, continued to face a challenging operating environment, as consumers remained strongly focused on saving due to uncertainty about the outlook, price competition continued, and the group addressed increasingly diverse consumer needs.」
As consumers remained focused on saving and price competition continued, the challenging environment in the food industry persisted, compounded by the need to address increasingly diverse consumer needs. - FY2017-Q2RestatedAnnual report
「The food industry, the group's main market, continued to face a challenging operating environment, as consumers remained strongly focused on saving due to uncertainty about the outlook and price competition continued.」
The company states that consumers' focus on saving and price competition continue to create a challenging environment in the food industry. - FY2017-Q1First statedAnnual report
「The food industry, the main market for the group, continued to face a challenging operating environment, as consumers remained strongly focused on saving and price competition and other factors persisted.」
The company explicitly identifies consumers' focus on saving and price competition in the food industry as an ongoing challenging operating environment for the first time.