Intensifying Competition and Price Competition in Retail, and Declining Customer Traffic
First written in FY2016-Q3. 6 of 14 entries say "Restated". Latest entry: FY2025.
Axas Holdings moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 23 of 36 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Our group’s retail business is subject to intense competition, with every sales channel handling lifestyle products serving as a competitor.」
Continues to state that competing business formats, price competition and declining store traffic could affect business performance. - FY2024-Q3MaterialisedAnnual report
「However, sluggish sales of high-priced products, centered on the night market, and price competition, among other factors, meant that gross profit for this segment did not increase.」
The sluggish performance of high-priced products and price competition emerged in the results for the cumulative period through the quarter as factors weighing on gross profit in the wholesale business. - FY2024-Q1MaterialisedAnnual report
「Meanwhile, customers deferred purchases following increases in selling prices, while price competition emerged as logistics stabilized.」
The effects of customers deferring purchases following increases in selling prices and price competition accompanying the stabilization of logistics actually emerged in the wholesale business's results. - FY2021ReframedAnnual report
「The retail industry, which is the core business of our group, is subject to intense competition, with every sales channel handling lifestyle products serving as a competitor.」
The description was reorganized from the previously listed competing business formats, such as drugstores, online retail and home improvement stores, to encompass all sales channels handling lifestyle products. - FY2020-Q2WorsenedAnnual report
「The decline in consumption of champagne and price competition continued through the peak year-end demand period, with demand falling particularly sharply for high-priced champagne with a strong luxury positioning」
In the wholesale business, continued price competition and declining demand for high-priced champagne have actually emerged as factors weighing on gross profit. - FY2019WorsenedAnnual report
「Sales of soccer-related products, for which it has become difficult to secure an advantage in in-store sales due to declining participation in sports caused by the declining birthrate and other factors, as well as the effects of price competition with online shopping sites, have remained sluggish.」
Competitive risks have materialized in business performance as sluggish sales of soccer products due to price competition with online shopping sites and declining participation in the sport. - FY2019-Q2WorsenedAnnual report
「The slowdown in the expansion of domestic consumption in the champagne category, which had previously performed well, and increased price competition became factors pushing down sales and gross profit for the business division as a whole.」
The wholesale business explicitly identified slower growth in champagne demand and increased price competition as factors weighing on sales and gross profit. - FY2018-Q2WorsenedAnnual report
「Within the sports-related business overall, price competition with competing stores has become particularly intense for equipment such as soccer footwear and tennis rackets, making it increasingly difficult to secure an advantage in in-store sales.」
States that intensifying price competition with competing stores has made it difficult to secure an advantage in in-store sales of sporting goods. - FY2017RestatedAnnual report
「The retail industry, which is the core business of our group, is subject to intense competition. Competitors include companies operating drugstores, as well as internet retailers, home improvement stores, sporting goods stores and liquor stores.」
Continues to state that competing business formats, price competition and declining store traffic could affect financial condition and business performance. - FY2017-Q3RestatedAnnual report
「The retail industry, which is the core business of our group, is subject to intense competition, with every sales channel handling lifestyle products serving as a competitor. Our core mission is to bring the spirit of the times to customers’ lifestyles from the perspectives of beauty, health and comfort, and we differentiate ourselves from other companies by creating added value through our proposal capabilities, speed, expertise and originality in the stores, products and services in these business fields. However, market trends and various factors, including price competition and declining store traffic, could affect our financial condition and business performance.」
Continues to state the risks of competing business formats, price competition and declining store traffic, together with a policy of differentiation through proposal capabilities and other strengths. - FY2017-Q2RestatedAnnual report
「The retail industry, which is the core business of our group, is subject to intense competition. Competitors include companies operating drugstores, as well as internet retailers, home improvement stores, sporting goods stores and liquor stores.」
Continues to state that competing business formats, price competition and declining store traffic could affect financial condition and business performance. - FY2017-Q1RestatedAnnual report
「The retail industry, which is the core business of our group, is subject to intense competition. Competitors include companies operating drugstores, as well as internet retailers, home improvement stores, sporting goods stores and liquor stores.」
Continues to state that competing business formats, price competition and declining store traffic could affect financial condition and business performance. - FY2016RestatedAnnual report
「The retail industry, which is the core business of our group, is subject to intense competition. Competitors include companies operating drugstores, as well as internet retailers, home improvement stores, sporting goods stores and liquor stores.」
Continues to identify intensifying competition, price competition and declining store traffic as risks. - FY2016-Q3First statedAnnual report
「The retail industry, which is the core business of our group, is subject to intense competition. Competitors include companies operating drugstores, as well as internet retailers, home improvement stores, sporting goods stores and liquor stores.」
Identifies the possibility that changes in the competitive environment could affect business performance through price competition and declining store traffic.