Sales Competition from New Store Openings by Competitors
First written in FY2018-Q2. 10 of 12 entries say "Materialised", first in FY2018-Q3. Latest entry: 2026-11-05.
Hiraki moved to the "Worse" side of this theme in 2018, the same year as the typical company in this theme.
The whole theme swung hardest in 2018: 14 of 33 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- 2026-11-05MaterialisedRevisions to earnings forecasts
「食品も近隣競合店の影響を受けました。」
近隣競合店の影響が食品販売の業績に実際に現れている。 - FY2026MaterialisedAnnual report
「In addition to weak sales of autumn and winter seasonal products, particularly clothing, due to the prolonged summer heat, second-half sales were affected by the opening of competing stores.」
The opening of competing stores emerged as an actual factor affecting second-half sales in the store-based retail business. - FY2024WorsenedAnnual report
「Competition across business formats is intensifying, and strengthening the ability of Hiraki’s comprehensive footwear stores to attract customers is an issue.」
In addition to the opening of competing stores, the intensification of competition across business formats has been identified as an issue in attracting customers to stores. - FY2023-Q1MaterialisedAnnual report
「Meanwhile, the household goods and food segment fell below the same period of the previous year due to the opening of new competing stores and the end of the stay-at-home demand cycle.」
The opening of new competing stores continued to emerge as a factor behind the year-on-year decline in revenue in the household goods and food segment, together with the end of the stay-at-home demand cycle. - FY2022MaterialisedAnnual report
「Sales of food and daily necessities fell below the previous fiscal year due to a decline in customer visits associated with the impact of COVID-19, new store openings by competitors, and the end of the stay-at-home demand seen in the previous fiscal year.」
The opening of competing stores, together with the decline in customer traffic caused by COVID-19 and the end of the stay-at-home demand cycle, emerged as an actual factor behind the decline in revenue in the household goods and food segment. - FY2020-Q1MaterialisedAnnual report
「However, intensified price competition with rival stores made it difficult to maintain sales of daily necessities and food, while sales of the core branded sneakers in the footwear division remained at the previous year’s level, leaving us unable to offset declines in other categories and consequently preventing us from maintaining sales for the same period of the previous fiscal year.」
Intensified price competition with rival stores affected sales of daily necessities and food and actually resulted in the store-based retail business falling short of sales for the same period of the previous fiscal year. - FY2019MaterialisedAnnual report
「In the wholesale business, the development of new customers progressed steadily and contributed to higher sales. However, sales to 2 large customers fell well below the previous period due to price competition and extended delivery schedules, among other factors.」
Price competition appeared in actual results as a decline in sales to major customers, contributing to lower sales in the wholesale business. - FY2018MaterialisedAnnual report
「We were unable to offset the decline in sales of food and daily necessities, where competition is intense, and consequently failed to maintain the previous fiscal year’s sales.」
The decline in sales of food and daily necessities, where competition is intense, resulted in the discount business as a whole falling short of the previous fiscal year’s sales. - FY2018-Q3MaterialisedAnnual report
「Although sales of shoes and private-label products increased, declines in sales of food and daily necessities, where competition is intense, prevented us from maintaining the previous fiscal year’s sales.」
Sales declined in the highly competitive food and daily necessities categories, and the impact of the competitive environment appeared in the discount business’s failure to maintain the previous fiscal year’s sales. - FY2018-Q2First statedAnnual report
「Sales, particularly of daily necessities, were difficult to maintain due in part to new store openings by competitors.」
The impact of new store openings by competitors and other factors on sales of daily necessities was identified for the first time as a standalone competitive environment risk.