Komori
Mitani (8066) · RiskMaterialised

Earnings Pressure from Intensifying Competition among Gas Stations

First written in FY2019-Q1. 9 of 16 entries say "Materialised", first in FY2019-Q1. Latest entry: 2026-11-12.

16entries
9years
4from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseMaterialisedFY2019-Q1RestatedFY2021-Q1 – FY2023MaterialisedFY2025-H1 – 2026-11-122018: 120182019: 120192020: 320202021: 220212022: 120222023: 120232024: 120242025: 120252026: 52026
Same theme, other companies
Excess Capacity and Intensifying Competition in Japan’s Oil MarketA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

Mitani moved to the "Worse" side of this theme in 2024.

0 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026MaterialisedAnnual report

    「Intensifying price competition in the gas station and tire wholesale businesses」

    Intensifying price competition in the gas station business was cited as a factor behind the full-year decline in operating profit.
  2. FY2026-H1MaterialisedAnnual report

    「Intensifying price competition in the gas station business」

    Intensifying price competition in the gas station business was specifically cited as a factor behind the decline in profit for the interim consolidated accounting period.
  3. FY2025-H1MaterialisedAnnual report

    「Intensifying price competition in the gas station business」

    Intensifying price competition in the gas station business was again cited as a factor driving down operating profit in the interim consolidated accounting period. It was described as a factor in the performance analysis, rather than as a risk item for an individual business or other operation.
  4. FY2023DroppedAnnual report

    「(2) Demand risk in the gas station business」

    The specific theme of intensifying competition among gas stations was not listed as a risk item for the fiscal year and was replaced by demand risk from the spread of fuel-efficient vehicles and EVs.
  5. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    The overall assessment states that no major risks have materialized and that there have been no significant changes regarding the risk of earnings pressure from intensifying competition among gas stations.
  6. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The overall assessment states that no major risks have materialized and that there have been no significant changes regarding the risk of earnings pressure from intensifying competition among gas stations.
  7. FY2021-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    The overall assessment states that no major risks have materialized and that there have been no significant changes regarding the risk of earnings pressure from intensifying competition among gas stations.
  8. FY2021-Q2RestatedAnnual report

    「During the cumulative second quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    The overall assessment states that no major risks have materialized and that there have been no significant changes regarding the risk of earnings pressure from intensifying competition among gas stations.
  9. FY2021-Q1RestatedAnnual report

    「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    The overall assessment states that no major risks have materialized and that there have been no significant changes regarding the risk of earnings pressure from intensifying competition among gas stations.
  10. FY2020-Q3MaterialisedAnnual report

    「Operating profit declined due in part to regions with intense sales competition in the gas station business and a decrease in sales volume in the ready-mixed concrete manufacturing and sales business.」

    The presence of regions with intense sales competition in the gas station business was an actual factor behind the decline in operating profit for the cumulative third quarter period.
  11. FY2020-Q2RestatedAnnual report

    「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」

    The overall assessment states that there have been no significant changes regarding the risk of earnings pressure from intensifying competition among gas stations.
  12. FY2019-Q1MaterialisedAnnual report

    「Operating profit declined, due in part to a decrease in the number of vehicles sold by the car dealership business and difficult conditions in the gas station business caused by intensifying competition.」

    Intensifying competition in the gas station business was specifically cited as a factor behind the decline in operating profit in the living and regional services-related businesses in the first quarter.
Moved together

"Intensifying competition for ODA trading business orders and a decline in large-scale projects" moved the same way as this thread, in the same document, in 5 of its 16 moves.

532222★123456
  1. ★This thread
  2. 1Intensifying competition for ODA trading business orders and a decline in large-scale projects5×
  3. 2Sales Volume and Profit Squeezed by Intensifying Competition in Tire Wholesale Business3×
  4. 3Decrease in procurement and sales volumes in the fuel wholesale business due to the situation in the Middle East2×
  5. 4Declining domestic demand for cement and petroleum products2×
  6. 5Bad debt losses due to deterioration in counterparties’ creditworthiness or business failure2×
  7. 6Foreign exchange loss on foreign currency deposits due to yen appreciation2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Mitani yet. It last moved in the Results of 2026-11-12: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.