Intensifying Cross-Format Competition and Consumers’ Cost-Consciousness
First written in FY2016. 26 of 35 entries say "Restated". Latest entry: FY2027-H1.
DCM Holdings 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 2018: 16 of 40 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「In the retail industry as well, consumers’ focus on protecting their household finances remains high due to continuing price increases for electricity and daily necessities. In addition, the operating environment remains challenging because of higher logistics and delivery costs resulting from soaring crude-oil prices.」
In addition to persistently strong awareness of protecting household finances amid rising prices, the company identified higher logistics and delivery costs resulting from surging crude oil prices as a new adverse environmental factor. - FY2026-H1RestatedAnnual report
「In the retail industry as well, the operating environment remains difficult, owing to a growing desire to protect household finances amid rising prices for electricity and daily necessities, as well as competition across business formats.」
We reconfirmed the difficult retail environment caused by a growing desire to protect household finances amid rising prices and sales competition across business formats. - FY2025-H1RestatedAnnual report
「In the retail industry, although personal consumption is expected to recover as employment and income conditions improve, the operating environment remains difficult owing to a growing desire to protect household finances amid rising prices for electricity and daily necessities, higher labor and logistics costs, and competition across business formats.」
While pointing to improving employment and income conditions and an expected recovery in personal consumption, we reconfirmed the difficult environment caused by rising prices, a growing desire to protect household finances, higher labor and logistics costs, and competition across business formats. - FY2025-Q1RestatedAnnual report
「In the retail industry, although personal consumption is expected to recover as employment and income conditions improve, the operating environment remains difficult owing to a growing desire to protect household finances amid rising prices for electricity and daily necessities, higher labor and logistics costs, and competition across business formats.」
While pointing to improving employment and income conditions and an expected recovery in personal consumption, we reconfirmed the view that the difficult environment will continue owing to a growing desire to protect household finances amid rising prices, higher labor and logistics costs, and competition across business formats. - FY2024RestatedAnnual report
「In the retail industry, the operating environment remains difficult, owing to a growing desire to protect household finances amid rising prices for electricity and daily necessities, higher labor and logistics costs, and competition across business formats.」
We reconfirmed the difficult environment caused by rising prices, a growing desire to protect household finances, higher labor and logistics costs, and competition across business formats. - FY2024-Q3RestatedAnnual report
「In the retail industry, the operating environment remains difficult, owing to a growing desire to protect household finances amid rising prices for electricity and daily necessities, higher labor and logistics costs, and competition across business formats.」
We reconfirmed the difficult operating environment involving a growing desire to protect household finances amid rising prices, higher labor and logistics costs, and sales competition across business formats. - FY2024-Q2RestatedAnnual report
「In the retail industry, the operating environment remains difficult, owing to a growing desire to protect household finances amid rising prices for electricity and daily necessities, higher labor and logistics costs, and competition across business formats.」
We reconfirmed the difficult operating environment involving a growing desire to protect household finances amid rising prices, higher labor and logistics costs, and sales competition across business formats. - FY2024-Q1WorsenedAnnual report
「In the retail industry, the operating environment remains difficult, owing to a growing desire to protect household finances amid rising prices for electricity and daily necessities, as well as higher labor and logistics costs.」
In addition to the previously cited rise in prices and preference for saving, higher labor and logistics costs were explicitly identified as factors contributing to the difficult operating environment. - FY2023RestatedAnnual report
「The outlook remains uncertain and the operating environment difficult, owing to soaring energy and raw material prices, sharp exchange-rate fluctuations, and stagnant personal consumption as consumers increasingly seek to protect their household finances amid rising prices. Competition across business formats is also expected to intensify further.」
We reconfirmed the difficult environment characterized by soaring energy and raw material prices, sharp exchange-rate fluctuations, a growing preference for saving due to rising prices, and competition across business formats. - FY2023-Q3WorsenedAnnual report
「In the retail industry, the recovery in personal consumption is expected to take time, owing to a growing preference for saving as selling prices rise due to higher energy and raw material prices and the weaker yen. The operating environment also remains difficult amid competition across business formats.」
It was explicitly identified that higher selling prices resulting from rising energy and raw material prices and the weaker yen, together with consumers’ growing preference for saving, were factors delaying the recovery in personal consumption. - FY2023-Q2RestatedAnnual report
「In the retail industry, the recovery in personal consumption is expected to take time due to risks of deterioration in personal income and employment, rising energy and raw material prices, and higher selling prices caused by the weaker yen. In addition, sales competition across business formats remains intense, resulting in a challenging operating environment.」
We reconfirmed the difficult operating environment caused by worsening employment and personal income conditions, rising energy and raw material prices, the weaker yen, and competition across business formats. - FY2023-Q1WorsenedAnnual report
「In the retail industry, the recovery in personal consumption is expected to take time due to risks of deterioration in personal income and employment, rising energy and raw material prices, and higher selling prices caused by the weaker yen. In addition, sales competition across business formats remains intense, resulting in a challenging operating environment.」
In addition to the previous risks of deterioration in personal income and employment and competition across business formats, the Company identified rising energy and raw material prices and higher selling prices caused by the weaker yen as factors delaying the recovery in personal consumption. - FY2022-Q3RestatedAnnual report
「In the retail industry, the outlook remains uncertain and the operating environment challenging due to risks of an economic downturn caused by the spread of COVID-19 and deterioration in personal income and employment.」
The Company reaffirmed the challenging operating environment, accompanied by the risk of an economic downturn caused by COVID-19 and deterioration in personal income and employment. - FY2022-Q2RestatedAnnual report
「In the retail industry, the outlook remains uncertain and the operating environment challenging due to risks of an economic downturn caused by the spread of COVID-19 and deterioration in personal income and employment.」
The Company reaffirmed the challenging operating environment, accompanied by the risk of an economic downturn caused by COVID-19 and deterioration in personal income and employment. - FY2022-Q1RestatedAnnual report
「In the retail industry, the outlook remains uncertain and the operating environment challenging due to risks of an economic downturn caused by the spread of COVID-19 and deterioration in personal income and employment.」
The Company reaffirmed the challenging operating environment, accompanied by an economic downturn caused by COVID-19, deterioration in personal income and employment, and competition across business formats. - FY2021WorsenedAnnual report
「In the retail industry, the outlook remains uncertain and the operating environment challenging due to risks of an economic downturn caused by COVID-19, declining personal income caused by an economic downturn, labour shortages caused by population decline, and rising logistics and construction costs. In addition, competition across business formats is expected to become even more intense.」
The Company indicated that, in addition to the pandemic, declining income, labour shortages and rising logistics and construction costs, competition across business formats was expected to become even more intense. - FY2021-Q3RestatedAnnual report
「In the retail industry, the outlook remains uncertain and the operating environment challenging due to risks of an economic downturn caused by the COVID-19 pandemic, which has yet to show signs of ending, and risks of deterioration in personal income and employment.」
The Company reaffirmed the challenging operating environment, accompanied by the risk of an economic downturn caused by COVID-19 and deterioration in personal income and employment. - FY2021-Q2WorsenedAnnual report
「In the retail industry, the outlook remains uncertain and the operating environment challenging due to risks of an economic downturn caused by the COVID-19 pandemic, which has yet to show signs of ending, and risks of deterioration in personal income and employment.」
In addition to the previous weakness in personal consumption and competition across business formats, the Company explicitly identified the risks of an economic downturn caused by COVID-19 and deterioration in personal income and employment, indicating a worsening operating environment. - FY2021-Q1WorsenedAnnual report
「In the retail industry, a downturn in personal consumption has become unavoidable due to requests from the government and local authorities to refrain from nonessential, nonurgent outings and to suspend operations. The outlook is uncertain and the operating environment is challenging.」
In addition to the previous weakness in personal consumption and competition across business formats, the Company stated that a downturn in personal consumption caused by requests to refrain from going out and to suspend operations had become unavoidable, indicating a worsening operating environment. - FY2020-Q2RestatedAnnual report
「In the retail industry, personal consumption lacks strength amid concerns about the outlook, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described weak personal consumption amid concerns about the outlook and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2020-Q1RestatedAnnual report
「In the retail industry, personal consumption lacks strength amid concerns about the outlook, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described weak personal consumption and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2019-Q3ReframedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, the Japanese economy showed a gradual recovery in corporate earnings and employment conditions amid the government's economic measures and monetary policy. However, the outlook remains uncertain due to concerns over the US-China protectionist trade conflict and an economic slowdown in Europe and emerging markets.」
The description of external-environment risks changed from concerns over emerging-market currencies in the previous quarter to concerns over an economic slowdown in Europe and emerging markets. - FY2019-Q2RestatedAnnual report
「In the retail industry, personal consumption lacks strength compared with the recovery in corporate earnings, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described weak personal consumption and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2019-Q1RestatedAnnual report
「In the retail industry, personal consumption lacks strength compared with the recovery in corporate earnings, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described weak personal consumption and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2018RestatedAnnual report
「In the retail industry, uncertainty over personal consumption has persisted due to consumers' preference for saving and other factors, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described consumers' preference for saving and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2018-Q3RestatedAnnual report
「In the retail industry, uncertainty over personal consumption has persisted due to consumers' preference for saving and other factors, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described consumers' preference for saving and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2018-Q2RestatedAnnual report
「In the retail industry, uncertainty over personal consumption has persisted due to consumers' preference for saving and other factors, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described consumers' preference for saving and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2018-Q1RestatedAnnual report
「In the retail industry, uncertainty over personal consumption has persisted due to consumers' preference for saving and other factors, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described consumers' preference for saving and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2017RestatedAnnual report
「In the retail industry, personal consumption is becoming increasingly uncertain due to consumers' preference for saving and other factors, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described consumers' preference for saving and competition across business formats as continuing factors behind the challenging operating environment. - FY2017-Q3RestatedAnnual report
「In the retail industry, personal consumption has remained sluggish due to consumers' preference for saving, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described consumers' preference for saving and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2017-Q2RestatedAnnual report
「In the retail industry, personal consumption has remained sluggish due to consumers' preference for saving, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described consumers' preference for saving and sales competition across business formats as continuing factors behind the challenging operating environment. - FY2017-Q1RestatedAnnual report
「In the retail industry, the recovery in personal consumption has been sluggish due to consumers' preference for saving, while sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described consumers' preference for saving and competition across business formats as continuing factors behind the challenging operating environment. - FY2016WorsenedAnnual report
「Personal consumption is becoming increasingly uncertain due to rising prices caused by the weaker yen and consumers' preference for saving. In addition, sales competition across business formats remains intense, resulting in a challenging operating environment.」
The Company described intensifying competition and consumers' preference for saving as the operating environment for the fiscal year and identified the potential impact of competitor store openings and changes in purchasing behaviour on performance as risks.