Population decline, declining birthrate and aging population, frugal and low-price preferences, and intensifying competition
First written in FY2016. 23 of 34 entries say "Restated". Latest entry: 2026-11-09.
Yuasa Funashoku moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 3 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026-H1Consumer sentiment explicitly described as weakeningAnnual report
「In the food distribution industry, the business environment remained difficult as consumer sentiment weakened amid price increases for household products due to higher raw material prices, transportation costs and labor costs.」
In addition to the previous description of consumers' continued preference for saving, the company explicitly states that consumer sentiment weakened against the backdrop of price increases for household products. - FY2025-H1RestatedAnnual report
「In the food distribution industry, competition among companies remained difficult as consumption continued to recover, but consumers continued to favor saving due to price increases for household products resulting from higher raw material prices, transportation costs and labor costs.」
The company identifies price increases due to higher raw material prices, transportation costs and labor costs, consumers' preference for saving and intense competition among companies as continuing business-environment conditions. - FY2024-Q3Cost factor changed to higher labor costsAnnual report
「In the food distribution industry, competition among companies remained intense as consumption continued to recover toward pre-COVID levels, including increased spending on face-to-face services that had been restrained, while continued price increases for household products due to higher transportation costs and higher labor costs strengthened household preferences for saving and prolonged stagnant real wages, affecting personal consumption.」
The company states that, while consumption continued to recover, higher labor costs, rather than the previously cited surge in raw material prices, were identified together with transportation costs as a factor behind price increases, while household preferences for saving and stagnant real wages contributed to a difficult competitive environment. - FY2024-Q2WorsenedAnnual report
「In the food distribution industry, competition among companies remained intense as consumption continued to recover toward pre-COVID levels, including increased spending on face-to-face services that had been restrained, while continued price increases for household products due to higher transportation costs and surging raw material prices strengthened household preferences for saving and prolonged stagnant real wages, affecting personal consumption.」
The company states that, although consumption continued to recover, price increases due to higher transportation costs and surging raw material prices, household preferences for saving and stagnant real wages affected personal consumption, and the competitive environment remained difficult. - FY2024-Q1WorsenedAnnual report
「In the food distribution industry, competition among companies remained intense as consumption continued to recover, including increased spending on face-to-face services such as the food service industry that had been restrained during the COVID-19 pandemic, while price increases for household products due to higher transportation costs and surging raw material prices continued and consumers' preference for saving strengthened further.」
The company states that, although consumption continued to recover, price increases due to higher transportation costs and surging raw material prices and consumers' increasingly strong preference for saving made the competitive environment in food distribution even more difficult. - FY2023-Q3RestatedAnnual report
「In the food distribution industry, competition among companies remained intense as consumption continued to recover, including spending on face-to-face services such as the food service industry following the easing of measures against COVID-19, while successive price increases for household products due to higher transportation costs and surging raw material prices strengthened individuals' desire to protect their household finances.」
Although consumption was recovering, the company continues to recognize that the competitive environment in food distribution remains difficult against the backdrop of price increases due to higher transportation costs and surging raw material prices and individuals' stronger desire to protect their household finances. - FY2023-Q2WorsenedAnnual report
「In the food distribution industry, competition among companies remained intense as the food service industry showed signs of recovery following the easing of measures against COVID-19, while price increases for household products due to higher transportation costs and surging raw material prices accelerated and personal consumption was curtailed.」
Although the food service industry showed signs of recovery, price increases due to higher transportation costs and surging raw material prices accelerated, curtailing personal consumption, and the competitive environment remained difficult. - FY2023-Q1WorsenedAnnual report
「In the food distribution industry, competition among companies remained intense as the food service industry showed signs of recovery following the easing of measures against COVID-19, while successive price increases for household products due to higher transportation costs and surging raw material prices continued to weigh heavily on the recovery in personal consumption.」
The company states that, although the food service industry is showing signs of recovery, higher transportation costs, surging raw material prices and price increases for household products are restraining the recovery in personal consumption, and the competitive environment remains difficult. - FY2022RestatedAnnual report
「In the food distribution industry, consumers are expected to continue favoring saving due to anxiety about the future, trends in the living environment including rising prices, and the effects of population decline and the declining birthrate and aging population.」
The company identifies rising prices, population decline and the declining birthrate and aging population, and consumers' preference for saving as continuing business-environment risks for food distribution. - FY2022-Q3RestatedAnnual report
「In the food distribution industry, competition among companies is expected to remain intense, although demand for eating out is expected to recover following the lifting of the state of emergency, as higher raw material prices have led to successive price increases for household products, creating negative factors for consumers' willingness to purchase.」
The company continues to recognize that, despite expectations of a recovery in demand for eating out, negative factors affecting consumer purchases remain, including price increases for household products due to surging raw material prices, and that competition among companies remains intense. - FY2022-Q2RestatedAnnual report
「In the food distribution industry, competition among companies is expected to remain intense, although demand for eating out is expected to recover following the lifting of the state of emergency, as higher raw material prices have led to successive price increases for household products, creating negative factors for consumers' willingness to purchase.」
The company continues to recognize that, despite expectations of a recovery in demand for eating out, negative factors affecting consumer purchases remain, including price increases for household products due to surging raw material prices, and that competition among companies remains intense. - FY2022-Q1RestatedAnnual report
「In the food distribution industry, demand for eating at home, including takeout and delivery services, continued, while demand for eating out remained sluggish due to shorter operating hours and restrictions on serving alcoholic beverages, and competition among companies remained intense.」
The company continues to recognize that demand for eating at home is continuing, while demand for eating out remains sluggish, operating hours remain shortened, restrictions on serving alcoholic beverages continue, and competition among companies remains intense. - FY2021-Q3RestatedAnnual report
「The merchandising division continued to face a difficult business environment, including intensifying price competition and rising logistics costs, amid the impact of COVID-19 and consumers' continued preference for saving.」
The difficult business environment for the merchandising division continues due to COVID-19, consumers' preference for saving, intensifying price competition and rising logistics costs. - FY2021-Q2RestatedAnnual report
「The merchandising division continued to face a difficult business environment, including intensifying price competition and rising logistics costs, amid the impact of COVID-19 and consumers' continued preference for saving.」
The difficult business environment for the merchandising division continues due to COVID-19, consumers' preference for saving, intensifying price competition and rising logistics costs. - FY2021-Q1WorsenedAnnual report
「The merchandising division continued to face a difficult business environment, including intensifying price competition and rising logistics costs, as consumers continued to favor saving.」
The company cites consumers' preference for saving, intensifying price competition and rising logistics costs, and describes the business environment for food distribution as remaining difficult. - FY2020WorsenedAnnual report
「In the food distribution industry, competition among companies became increasingly intense as consumers' desire to protect their household finances and preference for lower prices grew in response to the consumption tax increase and other factors.」
The company states that competition among companies became increasingly intense against the backdrop of consumers' stronger desire to protect their household finances and preference for lower prices. - FY2020-Q3RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2020-Q2RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2020-Q1RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2019RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2019-Q3RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2019-Q2RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2019-Q1RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2018RestatedAnnual report
「In the food industry, corporate competition remained increasingly intense as personal consumption stagnated and product prices were revised.」
The company continues to recognize stagnant personal consumption, product price revisions and the severity of competition among companies. - FY2018-Q3RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2018-Q2RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2017RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and product prices were revised.」
The company continues to recognize stagnant personal consumption, product price revisions and the severity of competition among companies. - FY2017-Q3RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize stagnant personal consumption, consumers' preference for lower prices and the severity of competition among companies. - FY2017-Q2RestatedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company continues to recognize the persistence of consumers' preference for lower prices and the severity of competition among companies. - FY2017-Q1WorsenedAnnual report
「In the food distribution industry, corporate competition remained increasingly intense as personal consumption stagnated and consumers continued to favor lower prices.」
The company describes competition among companies as even more intense than before, in addition to consumers' preference for lower prices. - FY2016First statedAnnual report
「In the food distribution industry, consumers are expected to remain focused on saving and low prices, due to population decline and the declining birthrate and aging population, anxiety about the future, the impact of the weaker yen on raw material prices, and trends in employment and income.」
The company identifies demand and the competitive environment in food distribution as risks against the backdrop of population and consumption patterns, raw material prices, and employment and income.