Polarization of consumption between cost-conscious and quality-focused preferences
First written in FY2017-Q2. 18 of 23 entries say "Restated". Latest entry: 2026-08-10.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「However, consumers’ focus on protecting household finances and their thrift-oriented preferences remain firmly entrenched due to continued price increases, and the situation remains one in which a full recovery in personal consumption will take time.」
The company reconfirmed the market view that consumers’ focus on protecting household finances and their thrift-oriented preferences will continue against the backdrop of rising prices, and that recovery in personal consumption will take time. - FY2025RestatedAnnual report
「However, overall living costs have risen due to inflation associated with surging resource and energy prices, among other factors. Against this backdrop, consumers’ thrift and low-price preferences have continued, and a challenging business environment remains in place.」
The company reconfirmed the market environment in which consumers’ thrift and low-price preferences continue. - FY2025-H1Thrift and low-price preferences continueAnnual report
「Combined with consumers’ thrift and low-price preferences in the food industry, the outlook remains uncertain.」
The company describes a market environment in which consumers’ thrift and low-price preferences continue, in addition to changes in traditional lifestyles and demand for at-home dining. - FY2023Update on easing demand for at-home dining and diversifying lifestylesAnnual report
「The year-end and New Year holiday period was free of activity restrictions for the first time in 3 years, and lifestyles continued to diversify. Sales of New Year’s foods remained flat, while individual-serving osechi in jubako boxes and regional products such as zoni soup base performed steadily.」
The company explained that lifestyles continued to diversify against the backdrop of a year-end and New Year holiday period without activity restrictions, and that easing demand for at-home dining affected sales of prepared foods and regional products. - FY2022-Q3RestatedAnnual report
「The food industry has also seen changes in customers’ food-related lifestyles and consumer behavior due to requests to refrain from going out and other factors, requiring a response.」
The company continues to recognize the changes in lifestyles and consumer behavior associated with COVID-19 and the need to respond to them. - FY2021ReframedAnnual report
「The operating environment surrounding the food industry has seen significant social effects from the spread of COVID-19, resulting in changes in food-related lifestyles and consumer behavior that require a response.」
The company shifted its focus from its previous market view of polarization between thrift-oriented and quality-conscious preferences to responding to changes in lifestyles and consumer behavior caused by COVID-19. - FY2021-Q2ReframedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the operating environment surrounding the food industry became challenging, as the spread of COVID-19 significantly affected social conditions and brought changes in food-related lifestyles and consumer behavior that required a response.」
The company broadened its focus from its previous market view of polarization between thrift-oriented and quality-conscious preferences to responding to changes in food lifestyles and consumer behavior caused by COVID-19. - FY2020RestatedAnnual report
「The food industry is under pressure to build sustainable business models due to growing awareness of global environmental issues and an increase in damage caused by typhoons and heavy rain. In addition, labor shortages and reviews of working conditions have had a significant impact on rising logistics costs and labor expenses, requiring the company to respond.」
The company continues to recognize environmental issues, labor shortages, and rising logistics costs and labor expenses as challenges in the business environment. - FY2020-Q3RestatedAnnual report
「In the New Year’s food market, price competition intensified due to diversifying consumer lifestyles and market saturation among participating companies. The company’s sales of New Year’s foods also declined as sales through mass retailers decreased.」
The company continues to recognize diversifying consumer lifestyles and intensifying market competition as changes in product demand and the sales environment. - FY2020-Q1RestatedAnnual report
「For our company as well, challenges include proposing solutions to increasingly diverse dietary needs, ensuring food safety and security, and pursuing sustainable food.」
The company recognizes food safety, diversifying needs, and the need to address sustainable food as business challenges. - FY2019RestatedAnnual report
「Demand for more convenient and easy-to-prepare food has become particularly pronounced.」
The company continues to recognize diversifying consumer needs, including convenience and ease of preparation, as a premise for product and service development. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, it became increasingly evident that demand for seasonal and New Year’s products was changing significantly due to changes in traditional family structures and lifestyles, as well as the unusually warm winter this fiscal year.」
The company continues to recognize changes in family structures and lifestyles as factors underlying food demand, and has newly described changes in demand for seasonal products due to the unusually warm winter. - FY2018RestatedAnnual report
「Our customers have increasingly expressed a range of demands, including thrift-oriented and quality-conscious preferences, a balance between convenience and time-consuming preparation, a strong focus on health, and a desire to eat freshly harvested food, on the premise that food must be safe, reassuring and delicious.」
In addition to the polarization between thrift-oriented and quality-conscious preferences, the company recognizes diverse demand for convenience versus time-consuming preparation, health, and freshly harvested food as part of the market environment. - FY2018-Q3RestatedAnnual report
「In terms of food lifestyles, the polarization between quality-conscious and thrift-oriented preferences has become more pronounced」
The company continues to recognize the polarization between quality-conscious and thrift-oriented consumer preferences as part of the food industry’s market environment. - FY2018-Q2RestatedAnnual report
「In terms of food lifestyles, the polarization between quality-conscious and thrift-oriented preferences has also become more pronounced.」
The company continues to recognize the polarization between quality-conscious and thrift-oriented consumer preferences as part of the market environment. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the operating environment surrounding the food industry saw growing demand for value, in addition to food safety, and an increasingly pronounced polarization between thrift-oriented and quality-conscious preferences.」
The company reconfirmed food safety, demand for value, and the polarization between thrift-oriented and quality-conscious preferences as elements of the market environment. - FY2017RestatedAnnual report
「During the current consolidated fiscal year, the operating environment surrounding the food industry saw growing demand for value, in addition to food safety, and an increasingly pronounced polarization between thrift-oriented and quality-conscious preferences.」
The company continues to describe the polarization between thrift-oriented and quality-conscious consumer preferences as part of the food industry’s market environment. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the operating environment surrounding the food industry saw a more pronounced polarization in consumer spending between thrift-oriented and quality-conscious preferences.」
The company continues to describe the polarization between thrift-oriented and quality-conscious consumer preferences as part of the food industry’s market environment. - FY2017-Q2First statedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the operating environment surrounding the food industry saw a more pronounced polarization in consumer spending between thrift-oriented and quality-conscious preferences.」
The company explicitly identified for the first time a market environment in which consumer preferences are polarizing between thrift and quality consciousness.