Intensifying Competition and Changes in Customer Preferences and Needs
First written in FY2016. 15 of 27 entries say "Restated". Latest entry: 2026-10-15.
SLD Entertainment 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".
- 2026-10-15WorsenedRevision of earnings forecasts
「既存店において客数が想定を下回ったことに加え、一部のコラボカフェの集客が想定を下回ったこと」
既存店および一部コラボカフェの客数・集客が想定を下回り、顧客需要に関する業績上の悪化要因が示された。 - FY2027-H1Uncertainty from rising prices and policy rate hikes remainsAnnual report
「Although the economy continued to recover moderately as employment and income conditions improved, the outlook remained uncertain due to the impact of continued price increases on personal consumption and the effects of Bank of Japan policy rate hikes.」
The disclosure describes improvements in employment and income conditions and an economic recovery, while identifying the impact of continued price increases on personal consumption and policy rate hikes as sources of uncertainty for the outlook. - 2026-07-14RestatedEarnings
「Uncertainty about the outlook continues owing to the effects of foreign exchange fluctuations, U.S. trade policy and heightened tensions in the Middle East.」
The company continued to cite uncertainty about the outlook arising from foreign exchange fluctuations, U.S. trade policy and the situation in the Middle East. - FY2026RestatedAnnual report
「Compared with other industries, the food-service industry has low barriers to entry and many new entrants, while price competition within the industry has also contributed to continued intense competition.」
The Company continued to disclose low barriers to entry, new entrants and price competition as risks contributing to a challenging competitive environment. - FY2026-H1WorsenedAnnual report
「Meanwhile, higher prices for food and other goods have strengthened consumers' tendency to economize, while concerns have increased over the impact of higher U.S. tariffs and international conflicts, and the outlook remains uncertain.」
The disclosure identifies consumers' stronger tendency to economize, higher U.S. tariffs and international conflicts as additional sources of uncertainty affecting customer demand and the external economic environment. - FY2025RestatedAnnual report
「Compared with other industries, the food-service industry has low barriers to entry and many new entrants, while price competition within the industry has also contributed to continued intense competition.」
The Company continued to disclose low barriers to entry, new entrants and price competition as risks contributing to a challenging competitive environment. - FY2025-H1RestatedAnnual report
「Although social and economic activity has been returning to normal, and personal income has increased following wage hikes by companies and the government's fixed-amount tax reduction policy, personal consumption has remained limited due to persistently high energy prices and rising prices, and the outlook remains uncertain.」
The disclosure continues to describe the normalization of economic activity and higher personal income, while noting that personal consumption remains limited due to persistently high energy prices and rising prices and that the outlook remains uncertain. - FY2024-Q3WorsenedAnnual report
「Meanwhile, the outlook remained uncertain due to the worsening situations in Ukraine and between Israel and Palestine, persistently high energy prices and rising prices.」
In addition to the existing competitive and demand conditions in the food-service industry, the worsening situation between Israel and Palestine, persistently high energy prices and rising prices have emerged as specific sources of uncertainty in the external environment. - FY2024-Q2RestatedAnnual report
「Although signs of a recovery in foot traffic have emerged in the food-service industry due to expanding inbound demand, the industry continues to face a challenging operating environment because of higher costs from soaring raw-material prices and labor shortages under the economic conditions described above.」
The disclosure states that, while inbound demand and foot traffic are recovering, the food-service industry continues to face a challenging environment due to higher costs and labor shortages. - FY2023-Q2WorsenedAnnual report
「In particular, with people refraining from large gatherings for meals and banquets, the food-service business in the dinner time slot struggled to grow.」
The disclosure states that demand in the dinner time slot struggled due to the increase in infections caused by variants and people refraining from large gatherings for meals, and that the challenging environment surrounding competition and customer demand continued. - FY2023-Q1WorsenedAnnual report
「However, the outlook remains uncertain due to the situation in Ukraine and the rapid depreciation of the yen.」
In addition to the traditionally challenging food-service environment, the situation in Ukraine and the rapid depreciation of the yen have newly emerged as specific sources of economic uncertainty. - FY2022RestatedAnnual report
「Compared with other industries, the food-service industry has low barriers to entry and many new entrants, while price competition within the industry has also contributed to continued intense competition.」
The Company continued to recognize intense competition due to low barriers to entry, new entrants and price competition as a risk. - FY2022-Q2RestatedAnnual report
「In the food-service industry, consumption activity declined due to requests to refrain from going out, shortened operating hours, voluntary suspension of alcohol service and event cancellations associated with the state of emergency and priority preventive measures, and the operating environment remained extremely challenging.」
The Company continued to recognize a challenging food-service industry environment due to requests to refrain from going out, shortened operating hours, voluntary suspension of alcohol service and event cancellations associated with the state of emergency and other measures. - FY2021WorsenedAnnual report
「In the food-service industry, consumption activity also declined rapidly due to requests to refrain from going out, shortened operating hours, voluntary suspension of alcohol service and the cancellation of events associated with the state of emergency, and the operating environment remained extremely challenging.」
Demand for eating out declined sharply due to requests to refrain from going out, shortened operating hours, voluntary suspension of alcohol service and event cancellations, indicating that the environment surrounding competition and customer demand had become more challenging. - FY2021-Q2WorsenedAnnual report
「In the Company's industry, demand for eating out declined sharply due to COVID-19, and signs of a second wave of infections also emerged from July onward, resulting in an extremely challenging operating environment with no clear outlook.」
The disclosure identifies signs of a second wave in addition to the sharp decline in demand for eating out, indicating that the environment surrounding customer demand had become more challenging. - FY2021-Q1WorsenedAnnual report
「During the cumulative first-quarter period, Japan's economic activity declined significantly, as personal consumption slowed rapidly amid requests from the government and local authorities to refrain from going out and from operating businesses to suspend operations in order to prevent the spread of COVID-19. Conditions remained extremely challenging. In the Company's industry, the state of emergency issued by the government in response to the spread of COVID-19 forced businesses to close or shorten their operating hours, and consumer sentiment had not recovered even after the state of emergency was lifted, so conditions remained extremely challenging.」
The disclosure states that personal consumption slowed rapidly due to requests to refrain from going out and from operating businesses, and that consumer sentiment had not recovered even after the state of emergency was lifted, indicating that the external environment surrounding competition and customer demand had become more challenging. - FY2020RestatedAnnual report
「However, within the food-service industry to which the Company belongs, the competitive environment is intensifying and customer needs are diversifying rapidly, and the Company recognizes that this trend is likely to continue.」
The Company continued to recognize a challenging external environment in which competition is intensifying and customer needs are diversifying. - FY2020-Q3WorsenedAnnual report
「During the cumulative third-quarter period, Japan's economy remained on a broadly moderate recovery trend, supported in part by the effects of various government policies. However, the outlook remained uncertain due to the cooling of consumer sentiment following the consumption tax rate increase effective 1 October 2019, as well as the effects of successive natural disasters, including typhoons.」
The disclosure newly identifies the cooling of consumer sentiment following the consumption tax rate increase and, together with the impact of natural disasters, emphasizes the uncertainty of the external environment. - FY2019-Q3RestatedAnnual report
「The food-service industry to which the Company belongs continued to face a challenging operating environment, including rising labor costs due to labor shortages, soaring raw-material costs and intensifying competition with other companies in the industry.」
The Company continued to recognize a challenging food-service industry environment due to labor shortages, rising labor and raw-material costs and intensifying competition. - FY2018RestatedAnnual report
「However, within the food-service industry to which the Company belongs, the competitive environment is intensifying and customer needs are diversifying rapidly, and the Company recognizes that this trend is likely to continue.」
The Company continued to recognize a challenging external environment in which competition is intensifying and customer needs are diversifying. - FY2018-Q3RestatedAnnual report
「The food-service industry to which the Company belongs continued to face a challenging operating environment against a backdrop of rising labor costs, soaring food-material prices and intensifying competition with other companies in the industry.」
The Company continued to recognize a challenging food-service industry environment due to rising labor costs, soaring food-material prices and intensifying competition with other companies in the industry. - FY2018-Q2RestatedAnnual report
「The food-service industry to which the Company belongs continued to face a challenging operating environment, including rising labor costs due to labor shortages and intensifying competition with other companies in the industry.」
The Company continued to recognize rising labor costs due to labor shortages, intensifying competition and a challenging food-service industry environment. - FY2017RestatedAnnual report
「The food-service industry to which the Company belongs faced an overall challenging operating environment due to changing and increasingly diverse customer needs, soaring raw-material costs, rising labor costs and intensifying competition within the industry.」
The Company continued to recognize a challenging external environment due to changing customer needs, intensifying competition and other factors. - FY2017-Q4RestatedAnnual report
「Meanwhile, concerns remained over instability in overseas economies and financial and capital markets, and the outlook for the economy remained uncertain. The food-service industry to which the Company belongs continued to face a challenging operating environment due to soaring raw-material costs, higher labor costs and intensifying competition within the industry.」
The disclosure continues to describe a challenging external environment due to instability in overseas economies and financial and capital markets, higher raw-material costs, rising labor costs and intensifying competition. - FY2017-Q3RestatedAnnual report
「Meanwhile, concerns about instability in overseas economies and financial and capital markets caused consumer sentiment to stagnate amid an uncertain outlook. In the food-service industry to which we belong, the operating environment remained challenging as competition within the industry also intensified.」
Continued stagnation in consumer sentiment, intensifying competition and a challenging food-service industry environment are cited. - FY2017-Q2WorsenedAnnual report
「Meanwhile, concerns about instability in the global economy and financial and capital markets made consumers more cautious amid an uncertain outlook. In the food-service industry to which we belong, the operating environment remained challenging as competition within the industry also intensified.」
The disclosures cite more cautious consumer sentiment and intensifying industry competition, indicating that the external environment concerning competition and changes in customer preferences is becoming more challenging. - FY2016First statedAnnual report
「If competition intensifies as other companies adopt concepts similar to ours and strengthen sales to our target customer base, this could affect our operating results and financial position.」
Competition in the food-service industry, where barriers to entry are low, and delays in responding to customer preferences are identified as risks.