Intensifying competition, including from other industries, and stagnant consumption
First written in FY2016. 16 of 21 entries say "Restated". Latest entry: 2026-05-01.
Joyful Honda moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2018: 16 of 40 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- 2026-05-01RestatedEarnings
「The competitive environment is becoming increasingly intense due to entries from other industries and the expansion of the e-commerce market.」
Intensifying competition from entrants from other industries and the expansion of the e-commerce market continue to be cited as business-environment factors. - FY2025WorsenedAnnual report
「Many stores operated by other companies carrying products similar to ours are located in the areas where we operate stores. Competition is expected to intensify further due to new store openings, entry by other business formats across industry boundaries, and digital strategies to retain customers.」
The disclosure identifies digital strategies aimed at retaining customers, in addition to new store openings and entry by other business formats, as factors driving intensified competition. - FY2023-Q2RestatedAnnual report
「The general merchandise retail industry is also continuing to face a difficult operating environment. Although restrictions on activity have been eased and signs of a return to normal economic activity have emerged, customer traffic has remained sluggish due to the prolonged impact of COVID-19, while personal consumption has stagnated as product prices have risen amid soaring raw material and logistics costs.」
The disclosure reconfirms a difficult operating environment, including sluggish customer traffic, higher product prices, and stagnant personal consumption, despite moves toward normalization following the easing of activity restrictions. - FY2023-Q1RestatedAnnual report
「The general merchandise retail industry is also continuing to face a difficult operating environment. Although signs of recovery have appeared in some areas, customer traffic has remained sluggish due to the prolonged impact of COVID-19, while personal consumption has stagnated as product prices have risen amid soaring raw material and logistics costs.」
The disclosure continues to cite sluggish customer traffic, stagnant personal consumption due to higher product prices, and a difficult competitive and consumption environment. - FY2022RestatedAnnual report
「Many stores operated by other companies carrying products similar to ours are located in the areas where we operate stores. Competition is expected to intensify further due to new store openings, entry by other business formats across industry boundaries, and low-price strategies.」
The company continues to recognize intensified competition from new store openings, entry by other business formats, and low-price strategies as key risks. - FY2022-Q1RestatedAnnual report
「In addition to the decline following the previous year's surge in demand driven by various factors, a sharp increase in COVID-19 cases, prolonged rain and low temperatures from mid-August onward caused customer numbers to decline, while sales of seasonal products also remained weak, resulting in a continued difficult operating environment.」
The disclosure states that the difficult operating environment has continued due to the decline following the surge in demand, the sharp increase in infections, and adverse weather conditions. - FY2021WorsenedAnnual report
「Many stores operated by other companies carrying products similar to ours are located in the areas where we operate stores. Competition is expected to intensify further due to new store openings, entry by other business formats across industry boundaries, and low-price strategies.」
The outlook for the competitive environment specifies intensified competition resulting from new store openings, entry by other business formats, and low-price strategies. - FY2021-Q2WorsenedAnnual report
「Meanwhile, moves toward industry consolidation among major companies have become more apparent, competition including from other business formats has intensified, and the operating environment has changed significantly.」
The disclosure describes the emergence of industry consolidation among major companies and intensifying competition, including from other business formats, in addition to the existing harsh competitive environment. - FY2020-Q2RestatedAnnual report
「The home improvement retail industry is also continuing to face a difficult operating environment due to trends in consumer sentiment following the consumption tax rate increase, intense competition across industries and business formats, particularly in daily necessities and consumables, as well as labor shortages caused by difficulties in hiring and rising labor and logistics costs.」
The company continues to recognize the difficult environment resulting from competition across industries and business formats, consumer sentiment, labor shortages, and rising labor and logistics costs. - FY2020-Q1RestatedAnnual report
「The home improvement retail industry is also continuing to face a difficult operating environment due to consumers' persistent preference for saving, intense competition across industries and business formats, particularly in daily necessities and consumables, as well as labor shortages caused by difficulties in hiring and rising labor and logistics costs.」
The company continues to describe a challenging environment characterized by consumer frugality, competition among different industries and business formats, labor shortages, and rising labor and logistics costs. - FY2019-Q3RestatedAnnual report
「The home improvement industry continues to face a challenging business environment due to consumers' persistent preference for frugality, intense sales competition across industry and business-format boundaries, particularly in household goods and consumables, as well as labor shortages caused by recruitment difficulties and rising labor and logistics costs.」
The company continues to recognize a challenging business environment characterized by consumer frugality, competition among different industries and business formats, labor shortages, and rising labor and logistics costs. - FY2019-Q2RestatedAnnual report
「The home improvement industry continues to face a challenging business environment due to consumers' persistent preference for frugality, intense sales competition across industry and business-format boundaries, particularly in household goods and consumables, as well as labor shortages caused by recruitment difficulties and rising labor and logistics costs.」
The company continues to describe a challenging environment characterized by consumer frugality, competition among different industries and business formats, labor shortages, and rising labor and logistics costs. - FY2019-Q1RestatedAnnual report
「The home improvement industry continues to face a challenging business environment due to consumers' persistent preference for frugality, intense sales competition across industry and business-format boundaries, particularly in household goods and consumables, as well as labor shortages caused by recruitment difficulties and rising labor and logistics costs.」
The company continues to recognize the challenging environment of persistent consumer frugality and sales competition across industry and business-format boundaries, maintaining its previous assessment of intensifying competition and stagnant consumption. - FY2018RestatedAnnual report
「The group has operated consistently since its founding under its corporate motto, “Our customers' happiness is our company's happiness.” However, the business environment surrounding the group is expected to become increasingly challenging, with competition among companies, including those from other industries, and price competition expected to intensify further. As a result, the market is expected to favor the survival of companies supported by consumers.」
The company continues to recognize intensifying competition among companies, including those from other industries, and price competition as part of an increasingly challenging business environment. - FY2018-Q3RestatedAnnual report
「The home improvement industry continues to struggle amid sluggish personal consumption and intense sales competition across industry and business-format boundaries.」
Sluggish personal consumption and the severity of sales competition, including from other industries and business formats, continue to be described as business conditions. - FY2018-Q2RestatedAnnual report
「The home improvement industry is also facing intense sales competition across industry and business-format boundaries and continues to struggle.」
The severity of sales competition, including from other industries and business formats, continues to be described as a business condition. - FY2018-Q1RestatedAnnual report
「Although employment conditions continue to improve, personal consumption remains sluggish and the business environment remains challenging. The home improvement industry is also facing intense sales competition across industry and business-format boundaries, and continues to struggle.」
Sluggish personal consumption and the severity of sales competition across industry and business-format boundaries continue to be described as business conditions. - FY2017WorsenedAnnual report
「The business environment surrounding the group is expected to become increasingly challenging, with competition among companies, including those from other industries, and price competition expected to intensify further. As a result, the market is expected to favor the survival of companies supported by consumers.」
The description of competition and price competition was strengthened from the continuation of a challenging environment to an outlook for further intensification. - FY2017-Q2RestatedAnnual report
「Against this backdrop, intense sales and price competition across industry and business-format boundaries continues.」
Amid sluggish personal consumption, sales and price competition, including from other industries and business formats, continues to be described as a challenging environment. - FY2017-Q1RestatedAnnual report
「In this environment, intense sales and price competition across industry and business-format boundaries continues.」
Sales and price competition, including from other industries, is described as an ongoing challenging business environment. - FY2016MaterialisedAnnual report
「The environment surrounding the retail industry remains challenging, with intense sales and price competition continuing across industry and business-format boundaries.」
The company identifies intensifying competition as a key business risk and also describes price competition with nearby rival stores and weakening consumer sentiment during the fiscal year.