Komori
Nafco (2790) · RiskRestated

Intensifying competition from major companies and companies in other industries, and stagnation in the furniture market

First written in FY2016. 27 of 34 entries say "Restated". Latest entry: FY2027-H1.

34entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2018RestatedFY2020-Q1 – FY2022-Q3RestatedFY2023-Q3 – FY2026-H12016: 220162017: 420172018: 420182019: 420192020: 320202021: 420212022: 320222023: 220232024: 120242025: 220252026: 52026
Same theme, other companies

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「In the furniture and home improvement retail industries, competition between regions is intensifying as major companies expand nationwide through national chains and increase store sizes. Competition among companies in product range and pricing is also becoming more intense, including competition from other industries such as drugstores, discount stores, large-scale retailers, specialty electronics stores and online retailers.」

    The company continues to identify intensifying competition from major companies’ nationwide expansion and larger store formats, as well as competition from other industries including online retail, as factors contributing to the challenging business environment.
  2. 2026-08-07RestatedResults

    「At the same time, gross profit declined from the previous fiscal year due to intensifying competition from competitors, including companies in other industries, as well as higher procurement prices resulting from higher raw material prices and the weaker yen.」

    Intensifying competition from competitors, including companies in other industries, is cited as a factor behind the decline in gross profit.
  3. FY2026RestatedAnnual report

    「The business environment surrounding the company remains extremely challenging. In the furniture and home improvement retail industries, competition between regions is intensifying as major companies expand nationwide through national chains and increase store sizes. Competition among companies in product range and pricing is also becoming more intense, including competition from other industries such as drugstores, discount stores, large-scale retailers and specialty electronics stores.」

    The company continues to identify nationwide expansion and larger store formats among major companies, as well as intensifying competition from other industries, as factors contributing to the extremely challenging business environment.
  4. FY2026-H1RestatedAnnual report

    「The business environment surrounding the company remains extremely challenging. In the furniture and home improvement retail industries, competition between regions is intensifying as major companies expand nationwide through national chains and increase store sizes. Competition among companies in product range and pricing is also becoming more intense, including competition from other industries such as drugstores, discount stores, large-scale retailers, specialty electronics stores and online retailers.」

    The company continues to identify intensifying competition from major companies’ nationwide expansion and larger store formats, as well as competition from other industries including online retail, as factors contributing to the challenging business environment.
  5. FY2025RestatedAnnual report

    「The company’s performance may be affected by these competitors, new entrants and changes in the market.」

    The company continues to identify the risk that competitors, new entrants and changes in the furniture market may affect its performance.
  6. FY2025-H1RestatedAnnual report

    「In the furniture and home improvement retail industries, competition between regions is intensifying as major companies expand nationwide through national chains and increase store sizes. Competition among companies in product range and pricing is also becoming more intense, including competition from other industries such as drugstores, discount stores, large-scale retailers, specialty electronics stores and online retailers.」

    The company continues to identify intensifying competition from major companies’ nationwide expansion and larger store formats, as well as competition from other industries including online retail, as factors contributing to the challenging business environment.
  7. FY2024-Q1RestatedAnnual report

    「The retail industry continues to face a challenging operating environment amid competition across industries and business formats and the effects of rising raw material and utility costs.」

    The company continues to identify intensifying competition and rising raw material and utility costs as factors contributing to the challenging operating environment.
  8. FY2023-Q3RestatedAnnual report

    「The retail industry continues to face a challenging operating environment as soaring energy prices, rising raw material prices and inflation make it difficult to foresee a recovery in personal consumption.」

    The company continues to identify higher energy prices, raw material prices and consumer prices, and the difficulty of forecasting a recovery in personal consumption as factors contributing to the challenging operating environment.
  9. FY2023-Q2WorsenedAnnual report

    「The retail industry continues to face a challenging operating environment as soaring energy prices, rising raw material prices and inflation make it difficult to foresee a recovery in personal consumption.」

    In addition to the competitive environment, the company identifies soaring energy prices, rising raw material prices and inflation, and the difficulty of forecasting a recovery in personal consumption as factors contributing to the challenging operating environment.
  10. FY2023-Q1WorsenedAnnual report

    「The retail industry continues to face a challenging operating environment amid competition across industries and business formats, including higher selling prices resulting from rising raw material prices and higher costs due to soaring electricity charges.」

    In addition to intensifying competition, the company newly specifies rising raw material prices, higher selling prices and increased costs due to soaring electricity charges as factors contributing to the challenging operating environment.
  11. FY2022-Q3RestatedAnnual report

    「The furniture and home improvement retail industries also continue to face a challenging operating environment due to the effects of adverse weather, including torrential-rain disasters, and the risk of economic stagnation resulting from the spread of COVID-19 infections.」

    The company continues to identify adverse weather and the risk of economic stagnation resulting from the spread of COVID-19 infections as factors contributing to the challenging business environment.
  12. FY2022-Q2RestatedAnnual report

    「The furniture and home improvement retail industries continue to face a challenging operating environment due to intensifying competition across industries and business formats and market contraction resulting from population aging and decline.」

    The company continues to identify intensifying competition across industries and business formats and market contraction resulting from population aging and decline as factors contributing to the challenging business environment.
  13. FY2022-Q1RestatedAnnual report

    「The furniture and home improvement retail industries continue to face a challenging operating environment due to intensifying competition across industries and business formats and market contraction resulting from population aging and decline.」

    The company continues to identify intensifying competition across industries and business formats and market contraction resulting from population aging and decline as factors contributing to the challenging business environment.
  14. FY2021RestatedAnnual report

    「The company’s performance may be affected by these competitors, new entrants and changes in the market.」

    The company continues to identify stagnation in the furniture market resulting from competition, new entrants, and changes in housing structures and demographic trends as a risk to its performance.
  15. FY2021-Q3RestatedAnnual report

    「The furniture and home improvement retail industries continue to face a challenging operating environment due to the effects of adverse weather such as torrential-rain disasters and record-high temperatures, as well as deterioration in employment conditions resulting from economic stagnation.」

    The company continues to identify adverse weather and deterioration in employment conditions resulting from economic stagnation as factors contributing to the challenging operating environment.
  16. FY2021-Q2RestatedAnnual report

    「The furniture and home improvement retail industries also continue to face a challenging operating environment due to intensifying competition across industries and business formats and market contraction resulting from population aging and decline. At the same time, demand for products related to COVID-19 countermeasures and demand associated with refraining from going out are providing support.」

    While continuing to identify competition across industries and business formats and market contraction resulting from population decline as factors contributing to the challenging operating environment, the company states that demand for COVID-19-related products and demand associated with refraining from going out are supporting demand.
  17. FY2020RestatedAnnual report

    「The market for the various furniture products handled by the company has been tending to stagnate due to recent changes in housing structures, declining birth rates, later marriage and an increase in people who do not marry. The company’s performance may be affected by these competitors, new entrants and changes in the market.」

    The company continues to identify competition, new entrants, and stagnation in the furniture market resulting from demographic trends and changes in housing structures as risks to its performance.
  18. FY2020-Q3RestatedAnnual report

    「The furniture and home improvement retail industries also continue to face a challenging operating environment due to intensifying competition across industries and business formats, market contraction resulting from population aging and decline, rising costs including logistics and construction materials, labor shortages caused by difficulties in hiring, and the effects of adverse weather such as torrential rain and record-high temperatures.」

    The company continues to identify competition across industries and business formats, market contraction resulting from population aging and decline, rising costs, labor shortages, and adverse weather as factors contributing to the challenging business environment.
  19. FY2020-Q2RestatedAnnual report

    「The furniture and home improvement retail industries also continue to face a challenging operating environment due to intensifying competition across industries and business formats, market contraction resulting from population aging and decline, rising costs including logistics and construction materials, labor shortages caused by difficulties in hiring, and the effects of adverse weather such as torrential rain and record-high temperatures.」

    The company continues to identify competition across industries and business formats, market contraction resulting from population aging and decline, rising costs, labor shortages, and adverse weather as factors contributing to the challenging business environment.
  20. FY2020-Q1RestatedAnnual report

    「In the furniture and home improvement retail industries, competition between regions is intensifying as major companies expand nationwide through national chains and increase store sizes. Competition among companies in product range and pricing is also becoming more intense, including competition from other industries such as drugstores, discount stores, large-scale retailers, specialty electronics stores and online retailers.」

    The company continues to state that nationwide expansion and larger store formats among major companies, as well as competition from other industries including online retail, are becoming increasingly intense. It states in the business risks section that there have been no material changes.
  21. FY2019WorsenedAnnual report

    「The furniture and home improvement retail industries also continue to face a challenging operating environment due to intensifying competition across industries and business formats, market contraction resulting from population aging and decline, rising costs including logistics and construction materials, labor shortages caused by difficulties in hiring, and the effects of adverse weather such as torrential rain and record-high temperatures.」

    Compared with the previous quarter’s description, which focused on intensifying competition, the company now identifies a broader range of factors contributing to the challenging environment, including market contraction resulting from population decline, rising costs, labor shortages, and the effects of torrential rain and extreme heat.
  22. FY2019-Q3RestatedAnnual report

    「In the furniture and home improvement industries, competition among companies, including those in other industries, continues to intensify, creating an extremely challenging business environment.」

    The Company continues to recognize intensifying competition among companies, including those in other industries, and an extremely challenging business environment.
  23. FY2019-Q2RestatedAnnual report

    「The furniture and home improvement retail industries also continue to face a challenging operating environment due to intensifying competition across industries and business formats, market contraction resulting from population aging and decline, rising costs including logistics and construction materials, labor shortages caused by difficulties in hiring, and the effects of adverse weather such as torrential rain and record-high temperatures.」

    The company identifies competition across industries and business formats, market contraction resulting from population decline, rising costs, labor shortages, and the effects of torrential rain and record-high temperatures as factors contributing to the challenging operating environment.
  24. FY2019-Q1WorsenedAnnual report

    「The furniture and home improvement retail industries also continue to face a challenging operating environment due to intensifying competition across industries and business formats, market contraction resulting from population aging and decline, rising costs including logistics and construction materials, and labor shortages caused by difficulties in hiring.」

    The company identifies intensifying competition, market contraction resulting from population aging and decline, rising costs, difficulties in hiring and labor shortages as factors contributing to the challenging operating environment.
  25. FY2018RestatedAnnual report

    「The market for the various furniture products handled by the Company is showing signs of stagnation due to recent changes in housing structures, the declining birth rate, later marriage, and increasing non-marriage. The Company's business performance may be affected by such competitors, new market entrants, and changes in the furniture market.」

    The company continues to identify intensifying competition, including competition from existing competitors, new entrants and companies from other industries, as well as the furniture market’s stagnant trend, as risks to its performance.
  26. FY2018-Q3RestatedAnnual report

    「In the furniture and home improvement industries, competition among companies, including those in other industries, continues to intensify, creating an extremely challenging business environment.」

    The Company continues to recognize intensifying competition among companies, including those in other industries, and an extremely challenging business environment.
  27. FY2018-Q2RestatedAnnual report

    「In the furniture and home improvement industries, competition among companies, including those in other industries, continues to intensify, creating an extremely challenging business environment.」

    The Company continues to recognize intensifying competition among companies, including those in other industries, and an extremely challenging business environment.
  28. FY2018-Q1RestatedAnnual report

    「In the furniture and home improvement industries, competition among companies, including those in other industries, continues to intensify, creating an extremely challenging business environment.」

    The Company continues to recognize intensifying competition among companies, including those in other industries, and an extremely challenging business environment.
  29. FY2017RestatedAnnual report

    「In the furniture and home improvement industries, competition is becoming increasingly intense as major companies expand their trading areas, and competition among companies in other industries is also becoming increasingly severe.」

    The Company continues to recognize the expansion of major companies' trading areas and intensifying competition, including from other industries, as a challenging business environment.
  30. FY2017-Q3RestatedAnnual report

    「In the furniture and home improvement industries, competition among companies, including those in other industries, continues to intensify, creating an extremely challenging business environment.」

    The Company continues to recognize intensifying competition and a challenging business environment. No substantive additional deterioration in the wording from the previous quarter has been identified.
  31. FY2017-Q1WorsenedAnnual report

    「In the furniture and home improvement industries, competition among companies, including those in other industries, continues to intensify, creating an extremely challenging business environment.」

    Competition among companies continues to intensify, and the business environment is described as “extremely challenging,” indicating heightened awareness of competitive risks.
  32. FY2016First statedAnnual report

    「In the furniture and home improvement industries, competition between regions is intensifying as major companies expand nationwide and enlarge their stores. Competition among companies in product selection and pricing is also becoming increasingly intense with businesses in other industries, including drugstores, discount stores, large-scale retailers, and specialty electronics retailers.」

    The Company states that stagnation in the furniture market resulting from an increase in competing stores, new market entrants, competition from other industries, changes in housing structures, and the declining birth rate could affect its business performance.
Moved together

"Uncertainty over the outlook due to overseas monetary policy, economic slowdown and the UK's withdrawal from the EU" moved the same way as this thread, in the same document, in 3 of its 34 moves.

32★12
  1. ★This thread
  2. 1Uncertainty over the outlook due to overseas monetary policy, economic slowdown and the UK's withdrawal from the EU3×
  3. 2Reduced Store Hours and Store Closures Due to the Spread of COVID-19 and Their Impact on Business Performance2×

★ 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 Nafco yet. It last moved in the Results of 2026-08-07: "Restated".
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