Ongoing Growth Opportunities in the BtoB-EC Market
First written in FY2019-Q3. 10 of 17 entries say "Restated". Latest entry: FY2025.
2 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In 2024, the BtoC-EC market reached ¥26.1 trillion, up 5.1% year on year, while the BtoB-EC market reached ¥514.4 trillion, up 10.6%. The EC penetration rate, an indicator of the adoption of EC, also continued to rise, reaching 9.8% for BtoC-EC and 43.1% for BtoB-EC, and the digitisation of commercial transactions is expected to continue advancing.」
New market data for 2024 is presented: BtoB-EC market size of ¥514.4 trillion, year-on-year growth of 10.6% and an EC penetration rate of 43.1%. - FY2025-H1AdvancedAnnual report
「According to the "FY2023 Digital Transaction Environment Development Project (Market Survey on Electronic Commerce)," Japan's domestic e-commerce market related to the Group's business totaled ¥24.8 trillion for B2C e-commerce in 2023, up 9.23% year on year, and ¥465.2 trillion for B2B e-commerce, up 10.7%. The online sales ratio (Note 1), an indicator of e-commerce penetration, also continued to rise, reaching 9.38% for B2C e-commerce and 40.0% for B2B e-commerce. The digitization of commercial transactions is expected to continue progressing.」
New market data for 2023 is presented: BtoB-EC market size of ¥465.2 trillion, year-on-year growth of 10.7% and an EC penetration rate of 40.0%. - FY2024-Q1RestatedAnnual report
「In 2022, the B2C e-commerce market totaled ¥22.7 trillion, up 9.91% year on year, while the B2B e-commerce market totaled ¥420.2 trillion, up 12.8%. The online sales ratio (Note 1), an indicator of e-commerce penetration, also continued to rise, reaching 9.13% for B2C e-commerce and 37.5% for B2B e-commerce. The digitization of commercial transactions is expected to continue progressing.」
Previously disclosed market data, including 2022 BtoB-EC market size of ¥420.2 trillion, year-on-year growth of 12.8% and an EC penetration rate of 37.5%, together with the expected continued progress in the digitisation of commercial transactions, is reiterated. - FY2023AdvancedAnnual report
「In 2022, the BtoC-EC market reached ¥22.7 trillion, up 9.91% year on year, while the BtoB-EC market reached ¥420.2 trillion, up 12.8%. The EC penetration rate also continued to rise, reaching 9.13% for BtoC-EC and 37.5% for BtoB-EC.」
New data for the 2022 BtoB-EC market is presented: market size of ¥420.2 trillion, year-on-year growth of 12.8% and an EC penetration rate of 37.5%. - FY2023-Q3RestatedAnnual report
「Meanwhile, the EC penetration rate, an indicator of the adoption of EC, continued to rise, reaching 8.78% for BtoC-EC and 35.6% for BtoB-EC, and the digitisation of commercial transactions is expected to continue advancing.」
The rising EC penetration rate, including for BtoB-EC, and the expected continued progress in the digitisation of commercial transactions are reiterated. - FY2023-Q2RestatedAnnual report
「Meanwhile, the EC penetration rate, an indicator of the adoption of EC, continued to rise, reaching 8.78% for BtoC-EC and 35.6% for BtoB-EC, and the digitisation of commercial transactions is expected to continue advancing.」
The rising EC penetration rate, including for BtoB-EC, and the expected continued progress in the digitisation of commercial transactions are reiterated. - FY2023-Q1RestatedAnnual report
「According to the “FY2021 Digital Transaction Environment Development Project (Market Survey on Electronic Commerce),” Japan’s domestic electronic commerce market related to the Company group’s business reached ¥20.7 trillion for BtoC-EC in 2021, up 7.35% year on year, and ¥372.7 trillion for BtoB-EC, up 11.3%. Meanwhile, the EC penetration rate, an indicator of the adoption of EC, continued to rise, reaching 8.78% for BtoC-EC and 35.6% for BtoB-EC, and the digitisation of commercial transactions is expected to continue advancing.」
Previously disclosed data of BtoB-EC market size of ¥372.7 trillion, year-on-year growth of 11.3% and an EC penetration rate of 35.6%, together with the expected continued progress in digitisation, is reiterated. - FY2022AdvancedAnnual report
「In 2021, the BtoC-EC market reached ¥20.7 trillion, up 7.35% year on year, while the BtoB-EC market reached ¥372.7 trillion, up 11.3%. The EC penetration rate also continued to rise, reaching 8.78% for BtoC-EC and 35.6% for BtoB-EC.」
New market data for the 2021 BtoB-EC market is presented: market size of ¥372.7 trillion, year-on-year growth of 11.3% and an EC penetration rate of 35.6%. - FY2022-Q2RestatedAnnual report
「In 2020, the BtoC-EC market reached ¥19.3 trillion, down 0.43% year on year, while the BtoB-EC market reached ¥334.9 trillion, down 5.1%. Meanwhile, the EC penetration rate continued to rise, reaching 8.08% for BtoC-EC and 33.5% for BtoB-EC, and the digitisation of commercial transactions is expected to continue advancing.」
Market data including BtoB-EC market size of ¥334.9 trillion, a year-on-year decline of 5.1% and an EC penetration rate of 33.5%, as well as the expected continued progress in digitisation, is reiterated. - FY2022-Q1RestatedAnnual report
「In 2020, the B2C e-commerce market declined 0.43% year on year to ¥19.3 trillion, while the B2B e-commerce market declined 5.1% to ¥334.9 trillion. Meanwhile, the e-commerce penetration rate continued to trend upward at 8.08% for B2C e-commerce and 33.5% for B2B e-commerce, and the digitization of commercial transactions is expected to continue advancing.」
Market data including BtoB-EC market size of ¥334.9 trillion, a year-on-year decline of 5.1% and an EC penetration rate of 33.5%, as well as the expected continued progress in digitisation, is reiterated. - FY2021RestatedAnnual report
「In 2020, the B2C e-commerce market declined 0.43% year on year to ¥19.3 trillion, while the B2B e-commerce market declined 5.1% to ¥334.9 trillion. Meanwhile, the e-commerce penetration rate continued to trend upward at 8.08% for B2C e-commerce and 33.5% for B2B e-commerce, and the digitization of commercial transactions is expected to continue advancing.」
Market data including BtoB-EC market size of ¥334.9 trillion, a year-on-year decline of 5.1% and an EC penetration rate of 33.5% is reiterated. - FY2021-Q3AdvancedAnnual report
「According to the “FY2020 Commissioned Research Project on Industrial and Economic Research (Market Survey on Electronic Commerce),” Japan’s domestic e-commerce market related to the Company’s business declined in 2020, with the B2C e-commerce market down 0.43% year on year at ¥19.3 trillion and the B2B e-commerce market down 5.1% at ¥334.9 trillion. Meanwhile, the e-commerce penetration rate continued to trend upward at 8.08% for B2C e-commerce and 33.5% for B2B e-commerce, and the digitization of commercial transactions is expected to continue advancing.」
New market data for 2020 is presented: BtoB-EC market size of ¥334.9 trillion, down 5.1% year on year, and an EC penetration rate of 33.5%. Market size declined from the previous year, while the EC penetration rate increased. - FY2021-Q2RestatedAnnual report
「The BtoB-EC market grew steadily to ¥352.9 trillion, up 2.5% year on year. The EC penetration rate, an indicator of the adoption of EC, was also on an upward trend at 6.76% for BtoC-EC and 31.7% for BtoB-EC.」
The market data of BtoB-EC market size of ¥352.9 trillion, year-on-year growth of 2.5% and an EC penetration rate of 31.7% is reiterated. - FY2020RestatedAnnual report
「In 2019, the BtoC-EC market grew steadily to ¥19.3 trillion, up 7.65% year on year, while the BtoB-EC market reached ¥352.9 trillion, up 2.5%. The EC penetration rate was also on an upward trend at 6.76% for BtoC-EC and 31.7% for BtoB-EC.」
The market growth data of BtoB-EC market size of ¥352.9 trillion, year-on-year growth of 2.5% and an EC penetration rate of 31.7% is reiterated. - FY2020-Q3AdvancedAnnual report
「According to the “FY2019 International Economic Survey Project for Formulating an Integrated Domestic and External Economic Growth Strategy (Market Survey on Electronic Commerce),” Japan’s domestic e-commerce market related to the Group’s business remained strong in 2019, with the B2C e-commerce market increasing 7.65% year on year to ¥19.3 trillion and the B2B e-commerce market increasing 2.5% to ¥352.9 trillion. The e-commerce penetration rate was also trending upward at 6.76% for B2C e-commerce and 31.7% for B2B e-commerce. In addition, as calls for social distancing to address the novel coronavirus became stronger, the digitization of commercial transactions was expected to continue advancing.」
For the BtoB-EC market, new figures are presented for 2019: market size of ¥352.9 trillion, year-on-year growth of 2.5% and an EC penetration rate of 31.7%. - FY2020-Q1RestatedAnnual report
「The BtoC-EC market grew steadily in 2018, reaching ¥18.0 trillion, up 8.96% year on year, while the BtoB-EC market reached ¥344.2 trillion, up 8.1%. The EC penetration rate, an indicator of the adoption of EC, was also on an upward trend at 6.22% for BtoC-EC and 30.2% for BtoB-EC, leading us to expect the continued digitisation of commercial transactions.」
The same market data as in the previous quarter, including BtoB-EC market size of ¥344.2 trillion, year-on-year growth of 8.1% and an EC penetration rate of 30.2%, is reiterated. - FY2019-Q3First statedAnnual report
「According to the “FY2018 Basic Survey on Infrastructure Development for a Data-Driven Society in Japan (Market Survey on Electronic Commerce),” Japan’s domestic e-commerce market related to the Company’s business remained strong in 2018, with the B2C e-commerce market increasing 8.96% year on year to ¥18.0 trillion and the B2B e-commerce market increasing 8.1% to ¥344.2 trillion. The e-commerce penetration rate, an indicator of the adoption of e-commerce, was also trending upward at 6.22% for B2C e-commerce and 30.2% for B2B e-commerce, and the digitization of commercial transactions is expected to continue advancing.」
For the BtoB-EC market, the Company presents market size of ¥344.2 trillion, year-on-year growth of 8.1%, and an EC penetration rate of 30.2% as an independent growth opportunity for the first time.