Manufacturers’ Review of Supply Terms and Consumers’ Preference for Low Prices
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 12 of 19 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, in addition to the significant impact on the food distribution industry in which the Company operates from intensifying competition and consolidation in the retail industry, difficult conditions have continued due to manufacturers' review of supply terms and consumers' preference for lower prices.」
The Company continues to describe the difficult environment resulting from competition and consolidation in the retail industry, manufacturers' review of supply terms, and consumers' preference for lower prices. - FY2025-H1RestatedAnnual report
「The food distribution and supermarket industries in which we operate face a challenging business environment, as the yen's depreciation and higher raw-material prices have led to food price increases, further encouraging consumers to economize and dampening consumer sentiment.」
The Company continues to identify food price increases due to the weaker yen and soaring raw material prices, together with consumers' preference for saving money, as factors contributing to the difficult operating environment in the food distribution and supermarket industries. - FY2024First statedAnnual report
「However, in addition to the significant impact on the food distribution industry in which the Company operates from intensifying competition and consolidation in the retail industry, difficult conditions have continued due to manufacturers' review of supply terms and consumers' preference for lower prices.」
The Company has for the first time separately identified manufacturers' review of supply terms and consumers' preference for lower prices as factors contributing to the difficult operating environment in the food distribution industry.