Decline in Selling Prices Due to Low-Price Preferences
First written in FY2017-Q1. 14 of 18 entries say "Restated". Latest entry: FY2026.
Echo Trading moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 12 of 19 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Revenue decreased by ¥576 million, or 0.5%, from the previous fiscal year to ¥105,811 million. This was mainly due to consumers holding back on purchases amid rising prices and the effects of price revisions having run their course.」
Consumers holding back on purchases due to higher prices and the effects of price revisions having run their course were reflected in the 0.5% year-on-year decline in revenue. - FY2025MaterialisedAnnual report
「Revenue decreased by ¥1,018 million, or 0.9%, from the previous fiscal year to ¥106,388 million. This was mainly due to consumers holding back on purchases amid rising prices, the effects of price revisions having subsided, and the continuing decline in the number of dogs kept as pets.」
It is stated that consumers holding back on purchases amid rising prices and the decline in the number of dogs kept as pets resulted in the 0.9% year-on-year decline in revenue. - FY2025-H1MaterialisedAnnual report
「In addition, due to the decline in selling prices per unit for pet food and pet supplies, operating profit was ¥847 million, down 18.9% year on year.」
The decline in selling prices per unit is specifically cited as a factor behind the decrease in operating profit for the interim period, with operating profit down 18.9% year on year. - FY2025-Q1RestatedAnnual report
「In addition, due to the decline in selling prices per unit for pet food and pet supplies, operating profit was ¥320 million, down 29.5% year on year.」
The decline in selling prices per unit for pet food and supplies continues to be evident as a factor behind the 29.5% year-on-year decline in operating profit. - FY2022RestatedAnnual report
「Consumers’ preference for lower prices and frugality, the decline in the number of dogs kept as pets, and the shift toward smaller pets continue,」
The continuing preference for lower prices and frugality is reaffirmed as a factor behind the slowdown in the pet market’s growth rate. - FY2020RestatedAnnual report
「Although the decline in selling prices caused by pet owners’ preference for lower prices and intensifying price competition within the industry continued,」
It is stated that the decline in selling prices due to consumers’ preference for lower prices and intensifying price competition continues. - FY2019RestatedAnnual report
「However, the decline in selling prices for pet food and pet supplies due to the impact of consumers’ preference for lower prices continues,」
The decline in selling prices driven by consumers’ preference for lower prices continued throughout the fiscal year. - FY2019-Q3RestatedAnnual report
「As a result, revenue for the cumulative third quarter of the fiscal year for the Group was ¥61,426 million, up 1.6% year on year, but gross profit was broadly flat, affected by the decline in selling prices per unit for pet food and pet supplies due to the continuing preference for lower prices.」
The continuing decline in selling prices per unit driven by consumers’ preference for lower prices is cited as a factor behind gross profit remaining broadly flat despite higher revenue. - FY2019-Q2RestatedAnnual report
「As a result, revenue for the cumulative second quarter of the fiscal year for the Group was ¥40,386 million, up 1.3% year on year, but gross profit was broadly flat, affected by the decline in selling prices per unit for pet food and pet supplies due to the continuing preference for lower prices.」
The continuing decline in selling prices per unit driven by consumers’ preference for lower prices is cited as a factor behind gross profit remaining broadly flat. - FY2019-Q1RestatedAnnual report
「In addition, due to the decline in selling prices per unit for pet food and pet supplies resulting from consumers’ preference for lower prices and the increase in selling, general and administrative expenses due to higher logistics costs, the operating loss was ¥77 million, compared with an operating loss of ¥39 million in the same period of the previous year.」
The continuing decline in selling prices per unit driven by consumers’ preference for lower prices is cited as a factor affecting performance. - FY2018RestatedAnnual report
「As selling prices per unit for pet food and pet supplies declined due to consumers’ preference for lower prices,」
The continuing decline in selling prices per unit driven by consumers’ preference for lower prices is cited as a factor affecting performance. - FY2018-Q3RestatedAnnual report
「In addition, as selling prices per unit for pet food and pet supplies declined due to consumers’ preference for lower prices,」
The decline in selling prices per unit driven by consumers’ preference for lower prices continues to occur. - FY2018-Q2RestatedAnnual report
「In addition, as selling prices per unit for pet food and pet supplies declined due to consumers’ preference for lower prices,」
The decline in selling prices per unit driven by consumers’ preference for lower prices continues to occur. - FY2018-Q1RestatedAnnual report
「In addition, due to the decline in selling prices per unit for pet food and pet supplies resulting from consumers’ preference for lower prices and the increase in selling, general and administrative expenses due to higher logistics costs, the operating loss was ¥39 million, compared with an operating loss of ¥21 million in the same period of the previous year.」
The continuing decline in selling prices per unit driven by consumers’ preference for lower prices is cited as a factor behind the operating loss. - FY2017RestatedAnnual report
「As selling prices per unit for pet food and pet supplies declined due to consumers’ preference for lower prices,」
The decline in selling prices per unit driven by consumers’ preference for lower prices continues to occur. - FY2017-Q3RestatedAnnual report
「In addition, as selling prices per unit for pet food and pet supplies declined due to consumers’ preference for lower prices,」
The decline in selling prices per unit driven by consumers’ preference for lower prices continues to occur. - FY2017-Q2RestatedAnnual report
「In addition, as selling prices per unit for pet food and pet supplies declined due to consumers’ preference for lower prices,」
The decline in selling prices per unit driven by consumers’ preference for lower prices continues to occur. - FY2017-Q1MaterialisedAnnual report
「As selling prices for pet food and pet supplies declined due to the preference for low prices, operating loss was ¥21 million, compared with an operating loss of ¥28 million in the same period of the previous year.」
The decline in selling prices per unit driven by consumers’ preference for lower prices is actually occurring and is cited as a factor behind the operating loss.