Consumers’ Preference for Saving and Intensifying Competition Among Different Business Formats
First written in FY2016-Q2. 12 of 24 entries say "Restated". Latest entry: FY2025-H1.
Cyberlinks moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2025-H1WorsenedAnnual report
「Food distribution and retail businesses continue to face a challenging operating environment. Consumers' frugal spending and tendency to defer purchases remain firmly in place due to the impact of high prices, while costs continue to rise, including procurement prices, utility expenses, logistics costs and personnel expenses. Over the medium to long term, population decline is expected to cause market contraction and exacerbate shortages of personnel needed to operate businesses. In addition, M&A activity within the industry is expected to increase, while competition across industry boundaries is expected to intensify as companies from other industries enter the market.」
Consumers' frugal spending and tendency to defer purchases, together with rising procurement prices, utility expenses, logistics costs and personnel expenses, continue. The company newly identifies market contraction due to population decline, worsening personnel shortages, increased M&A activity within the industry and intensifying competition due to entrants from other industries. - FY2024-Q1WorsenedAnnual report
「Food distribution and retail businesses continue to face challenging conditions, including increasingly frugal consumer spending and a stronger tendency to defer purchases as high prices persist, as well as higher costs due to rising procurement prices and utility expenses.」
Regarding the external environment for food distribution and retail businesses, the company describes increasingly frugal consumer spending and a stronger tendency to defer purchases as high prices persist, along with higher costs due to rising procurement prices and utility expenses. - FY2023-Q1WorsenedAnnual report
「Food distribution and retail businesses face rising procurement prices driven by higher raw material and logistics costs, and more recently, soaring utility expenses, and are struggling to absorb these costs. From a medium- to long-term perspective, they face the threat of market contraction due to population decline, as well as intensifying competition across industries and sectors, competition among existing companies to open stores, labor shortages and rising personnel expenses.」
Regarding the external environment for food distribution and retail businesses, the company explicitly identifies soaring utility expenses, cross-industry competition, competition among existing companies to open stores and rising personnel expenses in addition to the previously described soaring raw material and logistics costs, with difficulty absorbing costs continuing. - FY2022-Q3RestatedAnnual report
「Food distribution and retail businesses face continued threats from infectious diseases as well as rising procurement prices driven by higher raw material and logistics costs, and are struggling to absorb these costs. From a medium- to long-term perspective, they face the threat of market contraction due to population decline, as well as intensifying competition with other industries, including convenience stores, drugstores and online retailers, against a backdrop of diversifying lifestyles such as the increase in dual-income and single-person households. They also face labor shortages and persistently high personnel expenses resulting from them.」
The company continues to describe a challenging customer environment characterized by infectious diseases, soaring raw material and logistics costs, population decline, competition with other business formats, labor shortages and persistently high personnel expenses. - FY2022-Q2RestatedAnnual report
「Food distribution and retail businesses face continued threats from infectious diseases as well as rising procurement prices driven by higher raw material and logistics costs, and are struggling to absorb these costs. From a medium- to long-term perspective, they face the threat of market contraction due to population decline, as well as intensifying competition with other industries, including convenience stores, drugstores and online retailers, against a backdrop of diversifying lifestyles such as the increase in dual-income and single-person households. They also face labor shortages and persistently high personnel expenses resulting from them.」
The company continues to describe a challenging customer environment characterized by infectious diseases, soaring raw material and logistics costs, population decline, competition with other business formats, labor shortages and persistently high personnel expenses. - FY2022-Q1WorsenedAnnual report
「Food distribution and retail businesses face continued threats from infectious diseases as well as rising procurement prices driven by higher raw material and logistics costs, and are struggling to absorb these costs.」
In addition to the previously described population decline, competition with other business formats and labor shortages, the company adds rising procurement prices driven by higher raw material and logistics costs and difficulty absorbing costs. - FY2021-Q3ReframedAnnual report
「The food distribution industry, a customer of the Distribution Cloud business, is an important industry supporting people's daily lives and is relatively resilient to economic fluctuations. Over the medium to long term, however, changes in the operating environment may arise, including a decline in consumer purchasing activity and consolidation among major companies through mergers and alliances, due to the declining birthrate, population aging and population decline.」
In addition to the previously described population decline, weak consumption and competition with other business formats, the company identifies consolidation among major companies through mergers and alliances in the food distribution industry as a new change in the operating environment. - FY2021-Q1ReframedAnnual report
「To overcome these circumstances, it is essential to promote productivity-enhancing initiatives through DX, including more efficient store operations and supply chain optimization through collaboration with wholesalers and manufacturers.」
The company outlines measures including DX and supply chain optimization in response to the challenging environment surrounding food distribution and retail businesses, including population decline, competition with other business formats and labor shortages. - FY2020-Q2ReframedAnnual report
「The company's major customers, food distribution and retail businesses, have continued operating while implementing various measures amid the ongoing impact of infectious diseases, fulfilling their role as an important industry supporting people's daily lives.」
In addition to the previously described medium- to long-term challenges of population decline, competition with other business formats and labor shortages, the company describes business continuity during the infectious disease outbreak and the important role played by food distribution and retail businesses. - FY2020-Q1WorsenedAnnual report
「From a medium- to long-term perspective, food distribution and retail businesses face the threat of market contraction due to population decline. In addition, diversifying lifestyles, including the increase in dual-income and single-person households, have intensified competition with other business formats such as convenience stores, drugstores and online retailers. Businesses also face issues including the need to respond to the spread of cashless payments, labor shortages and persistently high personnel expenses resulting from higher minimum wages.」
In addition to the previously described competition with other business formats, labor shortages and soaring personnel expenses, the company explicitly identifies market contraction due to population decline, diversifying lifestyles, competition with online retailers and the need to respond to cashless payments, indicating that the structural challenges facing customers are broadening. - FY2019-Q3RestatedAnnual report
「Among the company's major customers, food distribution and retail businesses, competition with other business formats has intensified against a backdrop of changes in consumer lifestyles. They also face challenges including labor shortages and soaring personnel expenses due to higher minimum wages.」
The company continues to describe a challenging environment for food distribution and retail businesses, including competition with other business formats, labor shortages and soaring personnel expenses. - FY2019-Q2RestatedAnnual report
「Among the company's major customers, food distribution and retail businesses, competition with other business formats has intensified against a backdrop of changes in consumer lifestyles. They also face challenges including labor shortages and soaring personnel expenses due to higher minimum wages.」
The company continues to describe a challenging environment for food distribution and retail businesses, including competition with other business formats, labor shortages and soaring personnel expenses. - FY2019-Q1ReframedAnnual report
「Among the company's major customers, food distribution and retail businesses, competition with other business formats has intensified against a backdrop of changes in consumer lifestyles. They also face challenges including labor shortages and soaring personnel expenses due to higher minimum wages. Improving productivity is an urgent priority in order to overcome this increasingly challenging operating environment. In addition, businesses must respond to changes in the operating environment, including the expansion of cashless payments and the introduction of a reduced consumption tax rate scheduled for October 2019 in connection with revisions to the consumption tax system.」
In addition to the previously described environment of competition in food distribution and retail, labor shortages, soaring personnel expenses and the need to improve productivity, the company newly describes the need to respond to the expansion of cashless payments and the introduction of the reduced tax rate system. - FY2018RestatedAnnual report
「Among the company's major customers, food distribution and retail businesses, competition with other business formats has intensified against a backdrop of changes in consumer lifestyles. They also face challenges including labor shortages and soaring personnel expenses due to higher minimum wages.」
The company continues to describe a challenging environment for food distribution and retail businesses, including competition with other business formats driven by changing lifestyles, labor shortages and soaring personnel expenses. - FY2018-Q3RestatedAnnual report
「The company's major customers, food distribution and retail businesses, are struggling to increase both customer traffic and average spend per customer against a backdrop of changing lifestyles and intensifying competition with other business formats. They also face challenges including labor shortages and soaring personnel expenses due to higher minimum wages.」
The company continues to describe sluggish customer traffic and average spend per customer, competition with other business formats, labor shortages and soaring personnel expenses in the food distribution and retail sector. - FY2018-Q2RestatedAnnual report
「The company's major customers, food distribution and retail businesses, are struggling to increase both customer traffic and average spend per customer against a backdrop of changing lifestyles and intensifying competition with other business formats. They also face challenges including labor shortages and soaring personnel expenses due to higher minimum wages.」
The company continues to describe sluggish customer traffic and average spend per customer, competition with other business formats, labor shortages and soaring personnel expenses in the food distribution and retail sector. - FY2018-Q1WorsenedAnnual report
「The company's major customers, food distribution and retail businesses, are struggling to increase both customer traffic and average spend per customer against a backdrop of changing lifestyles and intensifying competition with other business formats. They also face challenges including labor shortages and soaring personnel expenses due to higher minimum wages. Improving productivity is an urgent priority in order to overcome this structurally worsening operating environment.」
Regarding the environment for food distribution and retail businesses, the company describes sluggish customer traffic and average spend per customer, as well as soaring personnel expenses due to labor shortages and higher minimum wages, and explains that the operating environment is becoming structurally more challenging. - FY2017RestatedAnnual report
「The company's major customers, food distribution and retail businesses, continue to face a challenging operating environment. Although the rate of inflation is trending lower, consumers' perception of high prices remains elevated and consumption continues to stagnate. In addition, businesses face severe labor shortages, rising wages for non-regular employees and other challenges.」
The company continues to describe the challenging operating environment for food distribution and retail businesses, including consumers' perception of high prices, weak consumption and the competitive environment. - FY2017-Q3RestatedAnnual report
「The company's major customers, food distribution and retail businesses, continue to face a challenging operating environment. Although the rate of inflation is trending lower, consumers' perception of high prices remains elevated and consumption continues to stagnate. In addition, businesses face severe labor shortages, rising wages for non-regular employees and other challenges.」
The company continues to describe a challenging customer environment characterized by consumers' perception of high prices, weak consumption, labor shortages and rising wages for non-regular employees. - FY2017-Q2RestatedAnnual report
「The company's major customers, food distribution and retail businesses, continue to face a challenging operating environment. Although the rate of inflation is trending lower, consumers' perception of high prices remains elevated and consumption continues to stagnate. In addition, businesses face severe labor shortages, rising wages for non-regular employees and other challenges.」
The company continues to describe a challenging customer environment characterized by consumers' perception of high prices, weak consumption, labor shortages and rising wages for non-regular employees. - FY2017-Q1WorsenedAnnual report
「The company's major customers, food distribution and retail businesses, continue to face a challenging operating environment. Although the rate of inflation is trending lower, consumers' perception of high prices remains elevated and consumption continues to stagnate. In addition, businesses face severe labor shortages, rising wages for non-regular employees and other challenges.」
In addition to consumers' frugal spending and intensifying competition, the company describes a challenging customer environment marked by continued weak consumption and consumers' perception of high prices. - FY2016RestatedAnnual report
「Among the company's major customers, food distribution and retail businesses, competition including with other business formats such as convenience stores has intensified as consumers have become more inclined to save in response to rising food prices.」
The company continues to describe consumers' increased inclination to save in response to rising food prices and intensifying competition across business formats. - FY2016-Q3RestatedAnnual report
「Among the company's major customers, food distribution and retail businesses, competition including with other business formats such as convenience stores has intensified as consumers have become more inclined to save in response to rising food prices.」
The company continues to describe consumers' increased inclination to save in response to rising food prices and intensifying competition across business formats. - FY2016-Q2First statedAnnual report
「Although supermarket sales continue to show signs of recovery, competition, including with other business formats such as convenience stores, has intensified as consumers have become more inclined to save in response to rising fresh food and grocery prices.」
The frugal spending of consumers surrounding the company's food distribution and retail customers, and intensifying competition, are described as external risks.