Intensifying Sales Competition in the Retail Industry
First written in FY2020-Q3. 3 of 8 entries say "Worsened", first in FY2020. Latest entry: 2026-08-14.
HitoMile moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2018: 16 of 40 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- 2026-08-14MaterialisedFinancial results presentation
「The gross profit margin has declined because the impact of the large price increases in April of the previous fiscal year has subsided and competition on price has intensified.」
Sales competition has appeared in the results as a decline in the gross profit margin. - FY2024-Q1RestatedAnnual report
「In the alcoholic beverages and food distribution and retail industries, which are central to the Group's business activities, demand for alcoholic beverages is steadily recovering as people flows increase and inbound demand rises.」
The filing indicates that demand for alcoholic beverages is recovering on increased people flows and inbound demand, but states that there has been no material change in the sales competition risk from the previous fiscal year. - FY2022WorsenedAnnual report
「In the household market, businesses other than alcoholic beverage companies are also strengthening alcoholic beverage delivery through e-commerce websites, quick commerce, and other channels, further intensifying competition.」
The filing continues to describe intensifying competition as e-commerce and quick-commerce operators other than specialist alcoholic beverage distributors strengthen delivery in the household market. - FY2021WorsenedAnnual report
「While many alcoholic beverage distributors serving the business-use market are in an extremely difficult position because of the impact of COVID-19, the Group has maintained its sales capabilities to support customers and its highly convenient delivery capabilities, preserving an advantage over small and medium-sized alcoholic beverage distributors. In the household market, businesses other than alcoholic beverage companies are also strengthening alcoholic beverage delivery, further intensifying the competitive environment.」
The filing states that businesses other than alcoholic beverage companies are also strengthening delivery in the household market, making the competitive environment increasingly severe. - FY2021-Q2RestatedAnnual report
「Although restaurants, hotels, and other establishments have shown signs of recovery, such as the normalization of business hours, the effects of measures to prevent the spread of infection continue, including the sharp decline in inbound demand due to entry restrictions, groups refraining from dining out, and seating restrictions at restaurants. The operating environment therefore remains challenging.」
While there are signs of partial recovery, the challenging environment continues because of the ongoing effects of the sharp decline in inbound demand, people refraining from dining out, and seating restrictions. - FY2021-Q1RestatedAnnual report
「In the alcoholic beverages and food distribution industry, which is central to the Group's business activities, restaurants, hotels, and other establishments have continued operating while implementing measures to prevent the spread of infection, such as shortening business hours and limiting seating capacity, as measures to prevent the spread of novel coronavirus infections remain in place. The operating environment therefore remains challenging.」
In addition to sales competition and rising costs, the challenging environment of continued shorter business hours and seating restrictions related to the novel coronavirus infection is reaffirmed. - FY2020WorsenedAnnual report
「In the alcoholic beverages and food distribution industry, competition in sales is intensifying across retail formats, while labor and logistics costs are rising against a backdrop of labor shortages. In addition, restaurants, hotels, and other establishments have repeatedly curtailed operations or temporarily closed in connection with measures to prevent the spread of the novel coronavirus since February 2020, leaving the operating environment challenging.」
Competition has expanded from competition among traditional retailers to competition across retail formats, while restaurants and hotels have also curtailed operations or temporarily closed because of the novel coronavirus. - FY2020-Q3First statedAnnual report
「Competition in retail sales is intensifying, while the operating environment remains challenging due to higher labor and logistics costs against a backdrop of labor shortages.」
The intensifying sales competition is described as part of the challenging operating environment in the alcoholic beverages and food distribution industry.