Risk of industry restructuring accompanying changes in sales channels
First written in FY2019-Q1. 6 of 13 entries say "Restated". Latest entry: 2026-04-03.
Lihit Lab. moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Worsened".
- 2026-04-03WorsenedRevisions to earnings forecasts
「The types of outlets handling our products have also continued to change beyond the traditional stationery and office-supplies specialty stores, increasingly including general merchandise supermarkets, convenience stores, home-improvement stores, and drugstores.」
The company states that the shift toward different types of sales outlets is progressing further, specifying the changing structure of its sales channels. - FY2026-H1WorsenedAnnual report
「The types of outlets carrying the company’s products have also undergone increasingly significant changes across business formats, from stationery stores and office-supply specialty stores to general merchandise supermarkets, convenience stores, home-improvement stores and drugstores.」
The shift in sales channels toward different business formats is progressing further, expanding from the former general merchandise supermarkets, convenience stores and drugstores to include home-improvement stores. - FY2025RestatedAnnual report
「Sales channels are undergoing continued growth in the e-commerce market as cashless payments accelerate, while sales through physical stores, particularly mass retailers, remain firm on the back of growing inbound demand.」
The company continues to experience structural changes in sales channels, including e-commerce growth, physical-store sales and expansion of outlets carrying its products into other business formats. - FY2024-Q3RestatedAnnual report
「In addition, sales channels are shifting toward mail-order channels, and the e-commerce market continues to grow as cashless payments become more widespread. In-store sales channels are also expanding beyond stationery and office-supply specialty stores, with the number of outlets across formats such as general merchandise supermarkets, convenience stores and drugstores increasing.」
The company continues to describe structural changes in sales channels, including e-commerce growth, a shift to online retail channels and the expansion of retail outlets carrying its products from specialty stores to other business formats. - FY2024-Q2RestatedAnnual report
「In addition, sales channels are shifting toward mail-order channels, and the e-commerce market continues to grow as cashless payments become more widespread. In-store sales channels are also expanding beyond stationery and office-supply specialty stores, with the number of outlets across formats such as supermarkets, convenience stores and drugstores increasing.」
The company continues to describe changes in industry structure, including e-commerce market growth, a shift to online retail channels and an increase in retail outlets carrying its products across different business formats. - FY2023ReframedAnnual report
「In addition, the expansion of the e-commerce market has made the shift in sales channels toward mail-order channels increasingly pronounced both domestically and overseas, while the barriers between it and related industries are also gradually disappearing.」
The focus has shifted from the previous description of industry淘汰 and consolidation risk to structural changes involving a shift to online retail channels as e-commerce expands and the disappearance of boundaries with adjacent industries. - FY2022RestatedAnnual report
「These changes are also driving structural changes in distribution and sales channels and淘汰 within the industry, while the trend toward consolidation spanning manufacturers to retailers is accelerating.」
The company continues to describe structural changes in sales channels,淘汰 within the industry and accelerating consolidation spanning manufacturers to retailers. - FY2021WorsenedAnnual report
「In addition to structural changes in distribution and sales channels, industry-wide淘汰 is progressing, and the likelihood of accelerating consolidation spanning manufacturers to retailers is increasing.」
Regarding industry consolidation accompanying changes in sales channels, the company has heightened its risk assessment, stating that淘汰 is progressing and the possibility of accelerated consolidation is increasing. - FY2020WorsenedAnnual report
「In addition to structural changes in distribution and sales channels, industry-wide淘汰 is progressing, and the trend toward consolidation spanning manufacturers to retailers may accelerate.」
Regarding consolidation accompanying changes in sales channels, the company’s risk assessment has strengthened from a trend already under way to the possibility of industry-wide淘汰 and accelerated consolidation. - FY2020-Q2RestatedAnnual report
「The shift in sales channels from specialty retailers to mass retailers and mail-order channels, as well as efforts to enter overseas markets, is expected to strengthen further.」
The company continues to describe stronger structural changes in sales channels and overseas expansion as changes in the operating environment that could lead to industry consolidation. - FY2019-Q3RestatedAnnual report
「In this industry, as the shift from corporate demand to personal demand continues to strengthen, structural changes in distribution and sales channels are progressing rapidly, making industry consolidation unavoidable.」
The company continues to indicate its view that structural changes in sales channels and industry consolidation are part of an unavoidable trend. - FY2019-Q2WorsenedAnnual report
「Structural changes in sales channels, including logistics, have become unavoidable, and a major wave of industry consolidation is under way.」
Regarding industry consolidation against the backdrop of structural changes in sales channels, the description has changed from the possibility of consolidation to a statement that the consolidation trend is under way. - FY2019-Q1First statedAnnual report
「The company operates in an environment where the possibility of significant industry consolidation in the future is also anticipated.」
Against the backdrop of structural changes in sales channels, including logistics, the company identifies the possibility of large-scale industry consolidation as a new risk.