Contraction of the Foodservice Market and Intensifying Competition
First written in FY2016. 23 of 35 entries say "Restated". Latest entry: FY2026.
Yossix Holdings moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 33 of 49 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Although income conditions improved as wage growth accelerated and inbound demand recovered as the number of visitors to Japan increased, and social and economic activity became more active, the outlook remained unstable due to higher fuel prices resulting from the prolonged Russia-Ukraine situation and the blockade of the Strait of Hormuz following the invasion of Iran by the United States and Israel in February 2026, as well as rising prices due to yen depreciation.」
While referring to the recovery in inbound demand and social and economic activity, the company identified the blockade of the Strait of Hormuz following the invasion of Iran, higher fuel prices, and yen depreciation and rising prices as new external factors, further highlighting instability in the outlook. - 2026-05-08RestatedEarnings
「The outlook remains unstable due to soaring raw-material prices, the impact of inflation on personal consumption, and downside risks to the economy from US tariff policies.」
Inflation and downside risks from US tariff policies continue to be cited. - FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period under review, Japan's economy remained unstable despite gradual improvement in employment and income conditions, due to higher raw material prices, the impact of rising prices on personal consumption, and downside risks to the economy from US tariff policies.」
In addition to the previous factors, including rising prices, downside risks to the economy from US tariff policies were newly identified, and instability in the outlook continues to be described. - FY2024RestatedAnnual report
「As the industry has relatively low barriers to entry, numerous establishments, ranging from major operators to individually managed businesses, are crowded together, and competition is becoming increasingly intense.」
The company continues to identify the shrinking food service market and intensifying competition among numerous competitors as major external risks. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, social and economic activity became more active as personal consumption began to recover and inbound demand recovered after COVID-19 was reclassified as a Category 5 disease. Meanwhile, higher fuel prices resulting from Russia's prolonged invasion of Ukraine and rising prices due to yen depreciation persisted, and the outlook remained unstable.」
While recovery in personal consumption and inbound demand and the revitalization of social and economic activity were indicated, instability in the outlook due to the situation in Ukraine, higher fuel prices, and yen depreciation and rising prices continues to be described. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, social and economic activity became more active as personal consumption began to recover and inbound demand recovered after COVID-19 was reclassified as a Category 5 disease. Meanwhile, higher fuel prices resulting from Russia's prolonged invasion of Ukraine and rising prices due to yen depreciation persisted, and the outlook remained unstable.」
While recovery in personal consumption and inbound demand and the revitalization of social and economic activity were indicated, instability in the outlook due to the situation in Ukraine, higher fuel prices, and yen depreciation and rising prices continues to be described. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy began to recover as COVID-19 was reclassified as a Category 5 disease. Meanwhile, higher fuel prices resulting from Russia's prolonged invasion of Ukraine and rising prices due to yen depreciation persisted, and the outlook remained unstable.」
While referring to signs of recovery following the reclassification of COVID-19, the company continues to describe an unstable outlook due to the situation in Ukraine, higher fuel prices, and yen depreciation and rising prices. - FY2023RestatedAnnual report
「Although economic activity is expected to normalize as COVID-19 is reclassified as a Category 5 disease, the difficult operating environment continues amid concerns over a recession caused by soaring global energy and food prices.」
While the easing and normalization of restrictions related to COVID-19 are anticipated, the company continues to describe a difficult operating environment, including concerns over a recession caused by soaring energy and food prices. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, economic activity was moving toward normalization as restrictions on activities were eased. However, the outlook remained unstable due to the protracted situation in Ukraine, higher food and crude oil prices, rising import prices resulting from yen depreciation, and concerns over a downturn in overseas economies.」
While economic activity was moving toward normalization, the company continues to describe an unstable outlook due to the situation in Ukraine, rising import prices and concerns over a downturn in overseas economies. - FY2023-Q2WorsenedAnnual report
「During the cumulative second quarter under review, Japan's economy remained unstable amid the continuing impact of the spread of COVID-19, higher fuel prices resulting from Russia's invasion of Ukraine, and yen depreciation caused by the widening interest-rate differential between Japan and the United States.」
In addition to the spread of COVID-19, higher fuel prices resulting from Russia's invasion of Ukraine and yen depreciation caused by the Japan-US interest-rate differential were added as external factors, and instability in the outlook continued. - FY2023-Q1WorsenedAnnual report
「However, the spread of BA.5 since July is said to have marked the beginning of the seventh wave, and the outlook remains uncertain.」
While economic activity and domestic consumption were moving toward recovery, the spread of BA.5 and the seventh wave again highlighted uncertainty about the outlook for the food service industry. - FY2022RestatedAnnual report
「As the industry has relatively low barriers to entry, numerous establishments, ranging from major operators to individually managed businesses, are crowded together, and competition is becoming increasingly intense.」
The company continues to identify the shrinking food service market and intensifying competition among numerous competitors as major external risks. - FY2022-Q3RestatedAnnual report
「Although the number of infections temporarily declined as a result of various policies and the wider availability of vaccinations, the outlook remains uncertain, with infections involving new variants beginning to spread again.」
The company states that the impact of COVID-19 and the uncertain outlook for the food service industry continue. - FY2022-Q1WorsenedAnnual report
「During the first quarter under review, Japan's economy was severely affected by a sharp decline in domestic consumption. The resurgence of COVID-19 led to a third state of emergency and priority preventive measures being declared in some regions. Many restaurants in the food service industry were forced to close after the government and local authorities requested shorter operating hours and a ban on serving alcoholic beverages, causing a major blow to the industry as a whole.」
The resurgence of COVID-19, declarations of a state of emergency and requests to ban the serving of alcoholic beverages had a major impact on domestic consumption and the food service industry, explicitly worsening the operating environment. - FY2021RestatedAnnual report
「The food service industry is experiencing a trend toward market contraction as the market has matured, amid a consumption downturn resulting from the weak economy, expansion of the prepared-food market, in which prepared foods and side dishes are purchased for consumption elsewhere, and the country's entry into an era of sustained population decline. As the industry has relatively low barriers to entry, numerous establishments, ranging from major operators to individually managed businesses, are crowded together, and competition is becoming increasingly intense.」
The company continues to identify the shrinking food service market and intensifying competition among numerous competitors as major external risks. - FY2021-Q3RestatedAnnual report
「In the food service industry, the operating environment remains extremely difficult due to shrinking food demand resulting from population decline and aging, the shift toward lower prices as customers increasingly prefer to save, expansion of the prepared-food market as convenience stores and supermarkets expand their product offerings, the effects of the consumption tax increase, and shorter operating hours due to the spread of COVID-19.」
The company continues to describe the difficult environment in the food service industry, including population decline and aging, the shift toward lower prices, the prepared-food market, the consumption tax increase and shorter operating hours due to COVID-19. It states that there have been no material changes in the business and other risks section. - FY2021-Q2WorsenedAnnual report
「In the food service industry, the operating environment remains extremely difficult due to shrinking food demand resulting from population decline and aging, the shift toward lower prices as customers increasingly prefer to save, expansion of the prepared-food market as convenience stores and supermarkets expand their product offerings, the effects of the consumption tax increase, and business closures and shorter operating hours due to the spread of COVID-19.」
In addition to the previous consumption tax increase and COVID-19, population decline and aging, the shift toward lower prices and expansion of the prepared-food market were explicitly identified, broadening the factors contributing to the difficult environment for the food service industry. - FY2021-Q1WorsenedAnnual report
「In the food service industry, the operating environment remains extremely difficult due to the effects of the consumption tax increase, requests from the government and local authorities to refrain from going out to prevent the spread of COVID-19, and record heavy rainfall, particularly in the Kyushu region.」
In addition to the previous consumption tax increase and other factors, requests to refrain from going out due to the spread of COVID-19 and record heavy rainfall, particularly in the Kyushu region, were cited, and the operating environment continues to be described as "extremely difficult." - FY2020WorsenedAnnual report
「In the food service industry, the operating environment remains extremely difficult due to higher labor and recruitment costs resulting from tight labor supply and demand, the prolonged labor shortage, the effects of the consumption tax increase, and requests from the government and local authorities to refrain from going out to prevent the spread of COVID-19.」
In addition to the previous market contraction and intensifying competition, the consumption tax increase and requests to refrain from going out due to the spread of COVID-19 were added, and the operating environment was described as "extremely difficult." - FY2020-Q3WorsenedAnnual report
「In the food service industry, the operating environment remains difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, and external factors including the arrival of powerful typhoons that caused extensive damage in various areas and weaker consumer sentiment following the consumption tax increase.」
In addition to the previous factors, including raw material prices, labor costs and competition for customers, powerful typhoons and weaker consumer sentiment resulting from the consumption tax increase were added as external factors, broadening the factors contributing to the difficult operating environment. - FY2020-Q2RestatedAnnual report
「In the food service industry, the operating environment remains difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, consumers' increasing preference for saving, and intensifying competition for customers within the industry.」
The difficult environment in the food service industry arising from raw material prices, labor costs, consumers' preference for saving and competition for customers is reiterated. It also states that there have been no material changes in business and other risks. - FY2020-Q1RestatedAnnual report
「In the food service industry, the operating environment remains difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, consumers' increasing preference for saving, and intensifying competition for customers within the industry.」
The difficult environment in the food service industry arising from raw material prices, labor costs, consumers' preference for saving and competition for customers is reiterated. It also states that there have been no material changes in business and other risks. - FY2019RestatedAnnual report
「As the industry has relatively low barriers to entry, numerous establishments, ranging from major operators to individually managed businesses, are crowded together, and competition is becoming increasingly intense.」
The company continues to identify the shrinking food service market and the difficult competitive environment created by numerous competitors as major external risks. - FY2019-Q3RestatedAnnual report
「In the food service industry, the operating environment remains difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, consumers' increasing preference for saving, and intensifying competition for customers within the industry.」
The company continues to describe the difficult environment in the food service industry arising from raw material prices, labor costs, consumers' preference for saving and competition for customers. - FY2019-Q2RestatedAnnual report
「In the food service industry, the operating environment remains difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, consumers' increasing preference for saving, and intensifying competition for customers within the industry.」
The company continues to describe the difficult environment in the food service industry arising from raw material prices, labor costs, consumers' preference for saving and competition for customers. It also states that there have been no material changes in business and other risks. - FY2019-Q1RestatedAnnual report
「In the food service industry, the operating environment remains difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, consumers' increasing preference for saving, and intensifying competition for customers within the industry.」
The company continues to describe the difficult environment in the food service industry arising from raw material prices, labor costs, consumers' preference for saving and competition for customers. It also states that there have been no material changes in business and other risks. - FY2018WorsenedAnnual report
「As the industry has relatively low barriers to entry, numerous establishments, ranging from major operators to individually managed businesses, are crowded together, and competition is becoming increasingly intense.」
In addition to the trend toward a shrinking market, competition was described as becoming "increasingly intense," highlighting the challenging external environment. - FY2018-Q3RestatedAnnual report
「In the food service industry, the operating environment remains difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, consumers' increasing preference for saving, and intensifying competition for customers within the industry.」
The company continues to describe the difficult environment in the food service industry arising from raw material prices, labor costs, consumers' preference for saving and competition for customers. - FY2018-Q2RestatedAnnual report
「In the food service industry, the operating environment remains difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, consumers' increasing preference for saving, and intensifying competition for customers within the industry.」
The company continues to describe the difficult environment in the food service industry arising from raw material prices, labor costs, consumers' preference for saving and competition for customers. - FY2018-Q1RestatedAnnual report
「The operating environment in the food service industry remained difficult, with raw material prices rising, labor costs increasing amid tight labor supply and demand, consumers becoming increasingly cost-conscious, and competition for customers within the industry continuing to intensify.」
The company continues to describe a difficult operating environment, including weak personal consumption, uncertain overseas and geopolitical conditions, and intensifying competition in the food service industry. - FY2017RestatedAnnual report
「The food service industry is showing a tendency to contract as the market itself has matured, amid an economic downturn in consumption associated with weak economic conditions, expansion of the market for prepared meals consumed away from home, and the country's entry into an era of full-scale population decline.」
The company continues to identify market contraction and intensifying competition among numerous competitors as major external risks. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy remained generally lacking in strength. Although employment conditions improved, personal consumption remained sluggish amid a sense of stagnation in corporate earnings caused by the stronger yen. Concerns over overseas conditions also persisted, including policy confusion following the change of administration in the United States, a slowdown in emerging-market economies amid expectations of higher interest rates, and increasing uncertainty surrounding the European economy due to the slowdown in China and the UK's withdrawal from the EU. As a result, uncertainty about the outlook remained unresolved. In the food service industry, the operating environment remained difficult due to higher raw material prices, rising labor costs resulting from tight labor supply and demand, a tendency toward slower consumption amid consumers' increasing preference for saving, and intensifying competition for customers within the industry.」
The company continues to describe uncertainty about the outlook, including the stronger yen, overseas economies and weak personal consumption, as well as the difficult environment and intensifying competition for customers in the food service industry. - FY2017-Q2RestatedAnnual report
「The operating environment in the food service industry remained difficult, with raw material prices rising, labor costs increasing amid tight labor supply and demand, consumers becoming increasingly cost-conscious, and competition for customers within the industry continuing to intensify.」
The difficult environment in the food service industry and intensifying competition for customers are reiterated as in the previous quarter. - FY2017-Q1WorsenedAnnual report
「The operating environment in the food service industry remained difficult, with raw material prices rising, labor costs increasing amid tight labor supply and demand, consumers becoming increasingly cost-conscious, and competition for customers within the industry continuing to intensify.」
Competition in the food service industry is described as having "continued to intensify," emphasizing the severity of the competitive environment. - FY2016First statedAnnual report
「The food service industry is showing a tendency to contract as the market itself has matured, amid an economic downturn in consumption associated with weak economic conditions, expansion of the market for prepared meals consumed away from home, and the country's entry into an era of full-scale population decline.」
It states that declining customer attraction due to intensifying competition could affect business performance.