Intensifying competition and the impact of mature markets in the food and food-service industries
First written in FY2016. 15 of 27 entries say "Restated". Latest entry: FY2026-H1.
Pietro moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 53 of 63 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The food industry was significantly affected by widespread price increases for various products due to soaring raw material costs and other factors, and consumers' focus on protecting their household budgets continued to strengthen. In the restaurant industry, sales remained firm as people resumed going out, but the operating environment continued to be challenging due to soaring raw material and energy prices and rising labor costs caused by labor shortages.」
The Company continued to describe challenging conditions in the food and restaurant markets, rising prices and labor shortages. - FY2025-H1RestatedAnnual report
「The food industry was significantly affected by widespread price increases for various products due to soaring raw material costs and other factors, and consumers' preference for economizing continued. In the restaurant industry, demand was recovering as people resumed going out, but the operating environment remained challenging due to higher raw material and energy prices and rising labor costs caused by labor shortages.」
In the food and restaurant markets, higher prices, raw material costs, energy prices and labor costs, as well as challenging competitive conditions, continued. - FY2024RestatedAnnual report
「In the product business, the Company manufactures and sells food products such as various dressings and sauces, but faces the risk of long-term contraction in the domestic market against a backdrop of population decline and the declining birthrate and aging population. In the store business, the Company operates directly managed and franchised pasta specialty restaurants and fast-food outlets, as well as directly operated stores selling consumer products, but the Group has also been affected by the mature market.」
The Company continued to identify contraction in the domestic market against a backdrop of population decline and the declining birthrate and aging population, as well as maturity and intensifying competition in the food and restaurant markets, as risks. - FY2024-Q3RestatedAnnual report
「The food industry was significantly affected by widespread price increases for various products due to soaring raw material costs and other factors, and consumers' preference for economizing strengthened further. In the restaurant industry, restrictions on activities were eased and the market was recovering, but the operating environment remained challenging due to higher raw material and energy prices and rising labor costs caused by labor shortages.」
The Company continued to describe challenging market conditions, including consumers' preference for economizing due to widespread price increases and higher raw material, energy and labor costs in the restaurant industry. - FY2024-Q2RestatedAnnual report
「The food industry was significantly affected by widespread price increases for various products due to soaring raw material costs and other factors, and consumers' preference for economizing strengthened further. In the restaurant industry, restrictions on activities were eased and the market was recovering, but the operating environment remained challenging due to higher raw material and energy prices and rising labor costs caused by labor shortages.」
The Company continued to describe challenging market conditions, including consumers' preference for economizing due to widespread price increases and higher raw material, energy and labor costs in the restaurant industry. - FY2024-Q1WorsenedAnnual report
「The food industry was significantly affected by widespread price increases for various products due to soaring raw material costs and other factors, and consumers' preference for economizing strengthened further. In the restaurant industry, restrictions on activities were eased and the market was recovering, but the operating environment remained challenging due to higher raw material and energy prices and rising labor costs caused by labor shortages.」
In addition to consumers' increasingly strong preference for economizing due to widespread price increases, higher raw material, energy and labor costs were cited, and challenging market conditions continued. - FY2023-Q3WorsenedAnnual report
「However, the food business as a whole reported lower revenue, as it was significantly affected by declining demand associated with weaker consumer sentiment and lower sales of its core dressings due to intensifying competition.」
Declining demand due to higher prices and intensifying competition were reflected in actual results through lower sales of the core dressings and lower revenue in the food business. - FY2023-Q2WorsenedAnnual report
「However, the food business as a whole reported lower revenue, as it was significantly affected by declining sales of its core dressings due to intensifying competition.」
Intensifying competition was reflected in actual results through lower sales of the core dressings and lower revenue in the food business. - FY2023-Q1WorsenedAnnual report
「The food industry was significantly affected by widespread price increases for various products due to soaring raw material costs and other factors, strengthening consumers' desire to economize. In the restaurant industry, restrictions on activities were eased and the market was recovering, but concerns about a renewed spread of infections remained, leaving the operating environment challenging.」
The food industry saw widespread price increases due to soaring raw material costs and stronger demand for savings, while the restaurant industry faced concerns about a renewed spread of infections, indicating that challenging market conditions continued and became more pronounced. - FY2021WorsenedAnnual report
「In the food business, the Company manufactures and sells food products such as various dressings and sauces, but faces the risk of long-term contraction in the domestic market against a backdrop of population decline and the declining birthrate and aging population. In the restaurant business, the Company operates directly managed and franchised pasta specialty restaurants and fast-food outlets, but the Group has also been affected by the mature market.」
In addition to recognizing intensifying competition and mature markets, the Company explicitly identified the risk of long-term contraction in the domestic market against a backdrop of population decline and the declining birthrate and aging population. - FY2021-Q3WorsenedAnnual report
「While demand for eating at home was expected to increase in the food industry, the restaurant industry was significantly affected by calls to refrain from going out, and the operating environment remained challenging.」
While demand for eating at home was expected to increase, the restaurant market was significantly affected by calls to refrain from going out, and the challenging operating environment continued. - FY2021-Q2WorsenedAnnual report
「While demand for eating at home is expected to increase in the food industry, the food-service industry has been significantly affected by calls to refrain from going out, and the operating environment has remained challenging.」
The challenging operating environment continued amid the spread of infectious disease and calls to refrain from going out, in addition to the mature and competitive conditions in the food-service market. - FY2020WorsenedAnnual report
「In the food business, the company manufactures and sells foods such as dressings and sauces, but the overall domestic dressing market also appears to be contracting. In the restaurant business, the company operates company-owned and franchised pasta specialty restaurants and fast-food outlets, but is also affected by the mature market.」
In addition to the existing recognition of intensifying competition and mature markets, the company explicitly stated that the overall domestic dressing market is contracting. - FY2020-Q3RestatedAnnual report
「In both the food and food-service industries, consumers' persistent preference for low prices and other defensive spending attitudes continues, partly due to the consumption tax rate increase in October, while competition among companies is intensifying and consumers are increasingly selective in seeking quality, safety and peace of mind.」
Preference for low prices and defensive spending attitudes, including the consumption tax rate increase, intensifying competition among companies, and selective consumption focused on quality, safety and peace of mind continue. - FY2020-Q2WorsenedAnnual report
「The dressing industry as a whole is currently contracting, but while determining whether this trend is temporary, the company will further strengthen sales of its strong-performing pasta category and seek to expand sales in the dressing category by communicating product value through sales initiatives that propose ways to use and consume dressings as an “all-purpose seasoning.”」
In addition to the existing recognition of intensifying competition and mature markets, the company explicitly stated that the dressing industry as a whole is contracting. - FY2020-Q1RestatedAnnual report
「In both the food and food-service industries, consumers' persistent preference for low prices and other defensive spending attitudes continues, while interest in genuine products offering quality, safety and peace of mind is also growing, resulting in an increasingly polarized pattern of consumption.」
The polarization of consumption between preference for low prices and demand for quality, safety and peace of mind continues. - FY2019RestatedAnnual report
「In the food business, the company manufactures and sells foods such as dressings and sauces, while in the restaurant business it operates company-owned and franchised pasta specialty restaurants and fast-food outlets. Competition is intensifying, and the group is also being affected by the mature market in the restaurant business.」
The company continues to recognize intensifying competition and the impact of mature markets in the food and food-service industries. - FY2019-Q3RestatedAnnual report
「In both the food and food-service industries, competition among companies is intensifying as consumers' persistent preference for low prices and other defensive spending attitudes strengthen, while consumers are increasingly selective in seeking quality, safety and peace of mind. The outlook remains uncertain, partly because of the impact of natural disasters.」
Uncertainty stemming from preference for low prices, intensifying competition, selective consumption focused on quality, safety and peace of mind, and natural disasters continues. - FY2019-Q2RestatedAnnual report
「In both the food and food-service industries, competition among companies is intensifying as consumers' persistent preference for low prices and other defensive spending attitudes strengthen, while consumers are increasingly selective in seeking quality, safety and peace of mind. The outlook remains uncertain, partly because of the impact of natural disasters such as torrential rain, extreme heat and typhoons.」
The challenging market environment caused by preference for low prices and intensifying competition continues. The company also cited the impact of natural disasters and an uncertain outlook, but there has been no material change in the underlying competitive risk. - FY2019-Q1WorsenedAnnual report
「In both the food and food-service industries, competition among companies is intensifying as consumers' persistent preference for low prices and other defensive spending attitudes strengthen, while consumers are increasingly selective in seeking quality, safety and peace of mind.」
In addition to preference for low prices and defensive spending attitudes, the company explicitly identified intensifying competition. Selective consumption focused on quality, safety and peace of mind is also increasing. - FY2018-Q3RestatedAnnual report
「During the third quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no material changes concerning the impact of intensifying competition and mature markets in the food and food-service industries. - FY2018-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no material changes concerning the impact of intensifying competition and mature markets in the food and food-service industries. - FY2018-Q1WorsenedAnnual report
「In the dressing industry, the active launch of new products and aggressive promotional activities by competitors had a significant impact, and sales of “Non-Oil Japanese-Style Soy Sauce & Lemon” and “Rich-Flavored Japanese-Style Soy Sauce & Ginger,” which had contributed significantly to sales as hit products after their launch the previous year, fell below the previous year's results.」
The company stated that competitors' new product launches and promotional activities had a significant impact on sales, and that hit products from the previous year fell below the previous year's results. - FY2017-Q3RestatedAnnual report
「During the third quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no material changes concerning the impact of intensifying competition and mature markets in the food and food-service industries. - FY2017-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no material changes concerning the impact of intensifying competition and mature markets in the food and food-service industries. - FY2017-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no material changes to the risks of intensifying competition and mature markets in the food and food-service industries. - FY2016First statedAnnual report
「In the food business, the company manufactures and sells foods such as dressings and sauces, while in the restaurant business it operates company-owned and franchised pasta specialty restaurants and fast-food outlets. Competition is intensifying, and the group is also being affected by the mature market in the restaurant business.」
The company describes the current impact of intensifying competition and mature markets.