Gross-profit pressure from low-price preferences, changes to reimbursement systems and poor weather
First written in FY2017-Q1. 10 of 16 entries say "Restated". Latest entry: 2026-10-08.
Sugi Holdings moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 12 of 19 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026-H1RestatedAnnual report
「The continuation of consumers' preference for saving amid rising prices」
Consumers' preference for saving amid rising prices continues to be cited as a business-environment pressure. - FY2025RestatedAnnual report
「Consumers' stronger preference for saving amid rising prices」
Consumers' preference for saving amid rising prices continues to be cited as a business-environment pressure. - FY2025-H1RestatedAnnual report
「Consumers' stronger preference for saving and tendency to be more selective in their purchases amid rising prices」
The stronger preference for saving and tendency toward selective consumption amid rising prices continue to be cited as external factors that could put pressure on sales and gross profit. - FY2025-Q1RestatedAnnual report
「Consumers' stronger preference for saving and tendency to be more selective in their purchases amid rising prices」
The stronger preference for saving and tendency toward selective consumption amid rising prices continue to be external factors that could put pressure on sales and gross profit. - FY2024-Q3RestatedAnnual report
「Consumers' stronger preference for saving and tendency to be more selective in their purchases amid rising prices」
The stronger preference for saving and tendency toward selective consumption amid rising prices continue to be cited as external factors that could put pressure on gross profit and sales. - FY2024-Q2WorsenedAnnual report
「Consumers' stronger preference for saving and tendency to be more selective in their purchases amid rising prices」
In addition to the previous preference for low prices and weak consumption, the stronger preference for saving and tendency toward selective consumption amid rising prices are cited as new pressures. - FY2022-Q2MaterialisedAnnual report
「Although the operating environment in the drugstore industry has become more difficult due to declines in prescription prices following drug-price revisions, a subsequent decline after the sharp increase in demand, centered on hygiene products, in the same period of the previous year, and further intensification of competition with companies from other industries and peers, prescription dispensing has continued to grow.」
The industry environment for the current period is described as having been affected by a subsequent decline in demand following the expansion of demand for sanitary products in the previous year. - FY2020MaterialisedAnnual report
「In the drugstore industry, although demand for some products increased as the new type of pneumonia spread, the difficult operating environment surrounding the Group has continued due to the decline in consumer sentiment after the consumption tax increase, repeated natural disasters such as typhoons, intensified competition with rival companies to open stores and intensified sales competition extending beyond industry boundaries, as well as rising labor and logistics costs caused by labor shortages.」
The actual operating environment is described as having been affected by weaker consumer sentiment after the consumption tax increase, natural disasters such as typhoons, intensifying competition, and rising costs caused by labor shortages. - FY2020-Q3WorsenedAnnual report
「Although temporary front-loaded demand was seen before the consumption tax rate increase, the impact of the subsequent decline in demand, consumers' reluctance to purchase amid their stronger preference for saving, and damage caused by repeated typhoons, heavy rain and other natural disasters」
In addition to the previously cited preference for saving and weather-related factors, the subsequent decline in demand and reluctance to purchase after the consumption tax rate increase, as well as the impact of natural disasters such as typhoons and heavy rain, are cited. - FY2018-Q3RestatedAnnual report
「Although the income environment has improved, personal consumption declined due to consumers' continued preference for saving and repeated periods of adverse weather, including typhoons, and the outlook remained highly uncertain.」
Consumers' preference for saving and sluggish consumption caused by adverse weather conditions continue to be cited as external factors that could put pressure on sales and gross profit. - FY2017RestatedAnnual report
「In addition to consumers' preference for low prices since the beginning of the year, the substantial revision of the remuneration system and other factors resulted in gross profit of ¥120,008 million, up 3.7% year on year, or ¥4,298 million.」
Consumers' preference for low prices and the revision of the remuneration system continue to be factors affecting gross profit. - FY2017-Q3RestatedAnnual report
「In addition to consumers' preference for low prices since the beginning of the year, the substantial revision of the remuneration system and other factors resulted in gross profit of ¥88,842 million, up 3.3% year on year, or ¥2,844 million.」
Consumers' preference for low prices and the revision of the remuneration system continue to be cited as factors affecting gross profit. - FY2017-Q2RestatedAnnual report
「In addition to consumers' preference for low prices since the beginning of the year, the substantial revision of the remuneration system and other factors resulted in gross profit of ¥59,386 million, up 2.6% year on year, or ¥1,496 million.」
Consumers' preference for low prices and the revision of the remuneration system continue to be cited as factors affecting gross profit. - FY2017-Q1First statedAnnual report
「In addition to consumers’ preference for lower prices since the beginning of the year, major revisions to the reimbursement system and weak sales of seasonal consumables due to adverse weather in May contributed to gross profit of ¥29,394 million, up 2.6% year on year, an increase of ¥735 million.」
Price-conscious consumers, changes to the reimbursement system and adverse weather are cited as factors affecting gross profit.