Mature Market, Price Competition and Competition from the Prepared-Food Market
First written in FY2019. 6 of 11 entries say "Restated". Latest entry: FY2026.
Asakuma moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 39 of 57 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The restaurant industry is a mature market, and competition on price between companies and the growth of the prepared-foods market, including boxed meals and deli foods, have created an increasingly challenging market environment.」
The mature market, price competition, growth in the meal-solutions market and intensifying competition from new entrants continue to be identified as risks in the external environment. - FY2024RestatedAnnual report
「The restaurant industry is a mature market, and competition on price between companies and the growth of the prepared-foods market, including boxed meals and deli foods, have created an increasingly challenging market environment.」
The mature market, price competition, growth in the meal-solutions market and intensifying competition from new entrants continue to be identified as risks. - FY2023RestatedAnnual report
「The foodservice industry has become a mature market, and the market environment has become increasingly challenging due to price competition among companies and growth in the meal-solutions market for boxed meals and prepared foods. In addition, entry barriers are low compared with other industries, resulting in many new entrants and continued intense competition.」
The mature market, price competition, growth in the meal-solutions market and intensifying competition from new entrants continue to be identified as external risks. - FY2022RestatedAnnual report
「The foodservice industry has become a mature market, and the market environment has become increasingly challenging due to price competition among companies and growth in the meal-solutions market for boxed meals and prepared foods. In addition, entry barriers are low compared with other industries, resulting in many new entrants and continued intense competition.」
The mature market, price competition, growth in the meal-solutions market and intensifying competition from new entrants continue to be identified as external risks. - FY2022-Q2RestatedAnnual report
「In the foodservice industry, the operating environment remained challenging due to requests to reduce operating hours following the issuance of states of emergency and priority preventive measures in some regions.」
The company reconfirmed that the challenging environment in the foodservice market has continued due to requests to reduce operating hours associated with states of emergency and priority preventive measures. - FY2022-Q1RestatedAnnual report
「In the foodservice industry, a state of emergency remains in effect in some regions, while requests to reduce operating hours have been issued in other regions, and the outlook remains uncertain.」
The company reconfirmed that the uncertain and challenging environment surrounding the foodservice market has continued due to states of emergency and requests to reduce operating hours. - FY2021WorsenedAnnual report
「In the foodservice industry, the first state of emergency in April 2020 forced businesses to close temporarily or reduce their operating hours. Although there were periods of recovery after the declaration was lifted due to the effect of the Go To campaign, private consumption has weakened further since November.」
After a temporary recovery, the company noted that private consumption had weakened since November and that the challenging environment in the foodservice market continued. - FY2021-Q3WorsenedAnnual report
「In the foodservice industry, the April 2020 state of emergency forced businesses nationwide to close temporarily or reduce their operating hours. Although there were periods of recovery after the declaration was lifted due to the effect of the Go To campaign, the campaign was temporarily suspended or scaled back following the third wave of COVID-19 infections from November, significantly affecting private consumption.」
Although there was a temporary recovery, the environment surrounding foodservice demand has remained challenging due to the third wave of COVID-19 and the suspension and scaling back of the Go To campaign. - FY2021-Q1WorsenedAnnual report
「In the foodservice industry, the April 2020 state of emergency forced businesses nationwide to close temporarily or reduce their operating hours. Even after the declaration was lifted in May, customer traffic did not increase because people continued to avoid nonessential outings and new lifestyles became established, and the operating environment has remained challenging.」
COVID-19 forced businesses nationwide to close temporarily or reduce their operating hours, while customer traffic remained weak after the state of emergency was lifted, further highlighting the challenging environment in the foodservice market. - FY2020WorsenedAnnual report
「Amid continued consumer frugality, the operating environment has remained extremely challenging due to a series of natural disasters in autumn 2019, the consumption tax increase from October, and the impact of the COVID-19 pandemic from the beginning of 2020, among other factors.」
In addition to the mature market, price competition and competition from the meal-solutions market, natural disasters, the consumption tax increase and COVID-19 coincided, making the foodservice operating environment extremely challenging. - FY2019First statedAnnual report
「The restaurant industry is a mature market, and competition on price between companies and the growth of the prepared-foods market, including boxed meals and deli foods, have created an increasingly challenging market environment.」
The company identifies the mature market, price competition, growth in prepared foods and increased competition from new entrants as external risks.