Intensifying Competition from Online Shopping and Non-Store Retail
First written in FY2017. 4 of 7 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2017: 1 of 10 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Competition is increasing not only from locally based retail stores but also from domestic and overseas non-store retailers, including the expansion of internet shopping and content distribution, and the competitive environment surrounding our stores is becoming more intense overall.」
The company continues to identify intensifying competition from e-commerce, content distribution and non-store retailers as a risk. - FY2020-Q1RestatedAnnual report
「The business environment surrounding the group also remains challenging due to the impact of consumption tax increases on consumer sentiment, unfavorable weather and repeated natural disasters, intensifying sales competition across industry boundaries, and soaring labor and logistics costs.」
The challenging business environment continues due to consumption tax increases, natural disasters, sales competition across retail formats, and soaring labor and logistics costs. - FY2019WorsenedAnnual report
「In the retail industry, the e-commerce market continues to expand and store-opening and sales competition across retail-format boundaries is intensifying, while passing on higher labor and logistics costs through price increases is weighing on consumer sentiment, and the challenging operating environment continues.」
The company describes a situation in which, in addition to the expansion of the e-commerce market, store-opening and sales competition across retail formats is intensifying and passing on higher costs through price increases is weighing on consumer sentiment. - FY2019-Q3RestatedAnnual report
「In addition to rising labor and logistics costs, aggressive store openings and sales competition across retail-format boundaries have emerged to address increasingly diverse consumer lifestyles, making the operating environment in the retail industry increasingly challenging.」
The company continues to describe intensifying competition resulting from aggressive store openings and sales competition across retail-format boundaries. - FY2019-Q2Expansion of competition across retail formatsAnnual report
「To respond to increasingly diverse consumer lifestyles, aggressive store openings and sales competition across retail-format boundaries have emerged, making the operating environment in the retail industry increasingly challenging.」
In addition to competition from traditional non-store retailers, aggressive store openings and sales competition across retail-format boundaries have emerged, and the company states that the competitive environment in the retail industry has become even more challenging. - FY2018RestatedAnnual report
「Competition is increasing not only from locally based retail stores but also from domestic and overseas non-store retailers, including the expansion of internet shopping and content distribution, and the competitive environment surrounding our stores is becoming more intense overall.」
The company continues to identify intensifying competition from non-store retailers, including internet shopping and content distribution, as a risk. - FY2017First statedAnnual report
「It is difficult to compete with online retailers in terms of the searchability and convenience of purchasing individual products, and the impact is appearing in the struggles faced by so-called specialty-format stores organized by product category, such as bookstores, stationery stores and game stores. Competition is also increasing not only from locally based retail stores but also from domestic and overseas non-store retailers, including the expansion of internet shopping and content distribution, and the competitive environment surrounding our stores is becoming more intense overall.」
The company identifies the impact on traditional specialty-format stores and intensifying competition from non-store retailers, driven by the expansion of online retail and content distribution, as risks.