Growing consumer price sensitivity and polarized demand for quality and functionality
First written in FY2017-Q2. 13 of 22 entries say "Restated". Latest entry: 2026-11-13.
Pietro moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 12 of 19 companies on the "Worse" side.
12 other companies' latest entry also says "Worsened".
- 2026-11-13WorsenedResults
「食品業界では原材料調達価格の高止まりや、物価上昇による消費者の節約志向が常態化する」
消費者の節約志向が「常態化」と表現された。 - FY2026-H1WorsenedAnnual report
「In the food industry, the impact of more extensive price increases across a wide range of products due to soaring raw material costs and other factors was substantial, while consumers' defensive behavior continued to strengthen.」
Against a backdrop of more extensive price increases, consumers' defensive behavior was described as “continuing to strengthen,” reinforcing the recognition of greater price sensitivity. - 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.」
Consumer frugality driven by more extensive price increases has continued. - FY2024RestatedAnnual 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 continues to cite the challenging market environment of frugality driven by more extensive price increases, higher raw material and energy costs in the foodservice industry, and rising labor costs. - FY2024-Q3RestatedAnnual report
「In the food industry, the impact of more extensive price increases across a wide range of products due to soaring raw material costs and other factors was substantial, and consumer frugality strengthened further.」
The company continues to cite stronger consumer frugality against a backdrop of more extensive price increases. - FY2024-Q2RestatedAnnual report
「In the food industry, the impact of more extensive price increases across a wide range of products due to soaring raw material costs and other factors was substantial, and consumer frugality strengthened further.」
The company continues to cite stronger consumer frugality against a backdrop of more extensive price increases. - FY2024-Q1WorsenedAnnual report
「In the food industry, the impact of more extensive price increases across a wide range of products due to soaring raw material costs and other factors was substantial, and consumer frugality strengthened further.」
It was stated that consumer frugality had strengthened further against a backdrop of more extensive price increases. - FY2023-Q3WorsenedAnnual 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.」
Frugality driven by more extensive price increases and a challenging business environment, including concerns about a renewed spread of infections, have continued. - 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.」
It was stated that frugality had increased against a backdrop of more extensive price increases, explicitly highlighting greater price sensitivity and challenging demand conditions. - FY2021-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.」
No material changes were reported regarding greater consumer price sensitivity and the polarization of demand for quality and functionality. - FY2021-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.」
No material changes were reported regarding greater consumer price sensitivity and the polarization of demand for quality and functionality. - 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.」
The polarization of consumer demand between a preference for lower prices and defensive consumer behavior, and selective consumption focused on quality, safety and security, has continued. - 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 between a preference for lower prices and selective consumption focused on quality, safety and security has continued. - FY2019RestatedAnnual report
「In the food and foodservice industries, competition has intensified as consumers' entrenched preference for lower prices and other defensive behavior have strengthened, while selective consumption focused on product quality, safety and security has increased. With the impact of natural disasters also weighing on conditions, the challenging environment has continued.」
The company continues to cite the polarization between a preference for lower prices and selective consumption focused on quality, safety and security, intensifying competition, and the impact of natural disasters. - 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.」
The company continues to recognize that both a preference for lower prices and selective consumption focused on quality, safety and security, are strengthening. - 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 company continues to recognize that both a preference for lower prices and defensive consumer behavior, and selective consumption focused on quality, safety and security, are strengthening. - 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.」
It was stated that both a preference for lower prices and defensive consumer behavior, and selective consumption focused on quality, safety and security, had strengthened. - FY2018-Q3RestatedAnnual report
「In the food and foodservice industries, defensive consumer behavior, including a preference for lower prices, remains persistent, while the trend toward selective consumption focused on quality and functionality has increased.」
While a preference for lower prices and defensive consumer behavior have persisted, the trend toward selective consumption focused on quality and functionality has also increased. - FY2018-Q2RestatedAnnual report
「In the food and foodservice industries, defensive consumer behavior, including a preference for lower prices, has persisted, while the trend toward selective consumption focused on quality and functionality has increased.」
While a preference for lower prices and defensive consumer behavior have persisted, the trend toward selective consumption focused on quality and functionality has continued to increase. - FY2018-Q1WorsenedAnnual report
「In the food and foodservice industries, as defensive consumer behavior, including a preference for lower prices, has strengthened, the trend toward selective consumption focused on quality and functionality has also intensified.」
It was stated that both defensive consumer behavior, including a preference for lower prices, and selective consumption focused on quality and functionality had strengthened. - FY2017-Q3WorsenedAnnual report
「In the food and restaurant industries, earnings conditions became challenging as vegetable prices remained elevated for an extended period due to adverse weather, while consumers' preference for economizing strengthened amid anxiety about the future.」
Consumer frugality was reported to have increased, further strengthening price-consciousness. - FY2017-Q2First statedAnnual report
「In the food and foodservice industries, consumers have become more price-sensitive, while the trend toward polarized demand, with some seeking quality and functionality, has strengthened.」
The polarization of consumer demand between price-consciousness and an emphasis on quality and functionality was newly identified as part of the business environment for the food and foodservice industries.