Intensifying price competition with competing manufacturers

「Competition with competing manufacturers has become extremely intense in the Company’s existing product lines of freezers, refrigerators and refrigerated display cases. The Group will provide high-value-added products using technologies, software and service capabilities unavailable from other companies, in addition to reducing costs, but if low-price competition intensifies beyond these corporate efforts, maintaining and securing the Group’s profits will become difficult, which could affect the Group’s operating results and financial position.」

「Competition with competing manufacturers has become extremely intense in the Company’s existing product lines of freezers, refrigerators and refrigerated display cases. The Group will provide high-value-added products using technologies, software and service capabilities unavailable from other companies, in addition to reducing costs, but if low-price competition intensifies beyond these corporate efforts, maintaining and securing the Group’s profits will become difficult, which could affect the Group’s operating results and financial position.」

「Competition with competing manufacturers has become extremely intense in the Company’s existing product lines of freezers, refrigerators and refrigerated display cases. The Group will provide high-value-added products using technologies, software and service capabilities unavailable from other companies, in addition to reducing costs, but if low-price competition intensifies beyond these corporate efforts, maintaining and securing the Group’s profits will become difficult, which could affect the Group’s operating results and financial position.」

「In the distribution industry, prepared foods and fresh foods remained solid and price increases for processed foods contributed positively, but the operating environment has remained difficult due to the persistent consumer preference for thrift, a serious labour shortage and rising raw material prices, among other factors.」

「In the distribution industry, prepared foods and fresh foods remained solid and price increases for processed foods contributed positively, but the operating environment has remained difficult due to the persistent consumer preference for thrift, a serious labour shortage and rising raw material prices, among other factors.」

「In the distribution industry, prepared foods and fresh foods remained solid and price increases for processed foods contributed positively, but the operating environment has remained difficult due to the persistent consumer preference for thrift, a serious labour shortage and rising raw material prices, among other factors.」

「In the distribution industry, the operating environment has remained difficult due to consumers’ persistent preference for low prices, intensifying competition with companies from other industries, a serious labour shortage and rising raw material prices, among other factors.」

「Consumers’ strong preference for thrift in daily necessities has further increased demand for discount formats, while drugstores that strengthen low-priced food sales through low-cost operations have continued to open new stores.」

「Although sales across all convenience stores exceeded the previous year’s level, existing stores showed a year-on-year decline in recent months, among other developments, and competition between business formats became increasingly intense.」

「As the convenience store market became more oligopolistic, competition became increasingly intense as companies strengthened their product lineups to reflect the diversification of consumers’ lifestyles.」

「The distribution industry remained in a difficult environment, with consumption sluggish due to unsettled weather and the difficulty of hiring part-time and temporary workers becoming increasingly serious. As new store openings by supermarkets and convenience stores slowed while drugstore openings remained solid, competition between business formats became increasingly intense.」

「Competition across business formats became increasingly intense, with drugstores selling food, convenience stores selling medicines, and supermarkets and convenience stores forming alliances.」

「In the distribution industry, while consumers’ strong preference for thrift continued, the convenience store industry became more oligopolistic through industry consolidation, and competition intensified through the pursuit of further new store locations and improvements in the quality of existing stores. In the drugstore industry, competition across business formats became increasingly intense as companies sought to differentiate themselves through specialised services, divided between food-focused formats and pharmacy and health-focused formats.」

「In the distribution industry, although food sales remained solid as consumers’ preference for thrift strengthened, competition across business formats, driven by the rise of online shopping and including convenience stores and drugstores, became increasingly intense, leaving store-based retailers such as department stores and general merchandise supermarkets struggling. In the convenience store industry, competition also intensified as industry consolidation advanced and the market became more oligopolistic.」

「In the distribution industry, intense price competition across business formats, including convenience stores, supermarkets and drugstores, has continued.」

「Competition with competing manufacturers has become extremely intense in the Company’s existing product lines of freezers, refrigerators and refrigerated display cases. The Company will provide high-value-added products using technologies, software and service capabilities unavailable from other companies, but if price competition intensifies beyond cost reductions, this could affect the operating results and financial position of the Group.」