Intensifying competition due to the declining birth rate, globalization and oversupply

「In the sporting goods industry in which the group operates, the operating environment remains difficult to navigate due to the declining birth rate, changes in demand patterns resulting from climate change, and the impact of rising logistics and labor costs.」

「当社グループが事業を展開するスポーツ用品業界においては、少子化の進行や気候変動に伴う需要の変化に加え、物流費や人件費の上昇などの影響もあり、経営環境は予断を許さない状況が続いております。」

「In addition to the declining birth rate and changes in seasonality associated with climate change, there are many uncertain factors, including rising logistics costs and labor costs.」

「In the sporting goods industry in which the company operates, many uncertain factors, including the effects of the declining birth rate, changes in seasonality due to climate change and rising logistics costs, remain, and the operating environment continues to be uncertain.」

「In a sporting goods market where competition among companies is becoming increasingly intense」

「Converse basketball equipment struggled due to intensifying competition with rival companies.」

「The sports facilities segment worked to improve customer satisfaction through employee training, programs, promotional activities and other measures, but competition with nearby competitors continued to intensify, resulting in poor performance.」

「Competition with nearby competitors continued to intensify, but the sports facilities segment remained broadly flat year on year due to employee training, programs, promotional activities and other measures.」

「The manufacturing segment … Converse basketball equipment performed poorly overall due to the increasing number of new market entrants. … The sports facilities segment worked to improve customer satisfaction by enhancing programs and introducing training machines, but competition with nearby competitors continued to intensify, resulting in poor performance.」

「In Converse basketball equipment, game wear performed steadily and was well received due to promotional activities, but T-shirts and other items performed poorly as more competitors entered the market. The sports facilities segment worked to improve customer satisfaction by enhancing programs and introducing new training machines, but competition with nearby competitors continued to intensify, and membership declined, resulting in poor performance.」

「Competition with nearby competitors continued to intensify, but the sports facilities segment remained broadly flat year on year due to promotional activities and the introduction of new programs.」

「The environment surrounding the sporting goods industry is expected to become more active ahead of the 2020 Tokyo Olympic and Paralympic Games. However, the declining birth rate and aging population and the globalization of the market are advancing rapidly, and the challenging conditions are expected to continue due to changes in the distribution structure and other factors.」

「Competition with nearby competitors continued to intensify, but the sports facilities segment remained broadly flat year on year, partly because of expanded programs for children and the full-scale rollout of personal training.」

「Competition with nearby competitors continued to intensify, but membership edged up due to the effects of programs and events, and the sports facilities segment remained broadly flat year on year.」

「Competition with nearby competitors continued to intensify, but membership edged up due to programs and events, and the sports facilities segment remained broadly flat year on year.」

「In the sporting goods industry, the Rio de Janeiro Olympic and Paralympic Games were held and interest in sports increased as Japanese athletes performed well. However, consumer sentiment did not recover, sales competition across business formats intensified further, and the operating environment surrounding the industry remained increasingly challenging.」

「The sports facilities segment worked to promote sales but performed poorly, partly because of intensifying competition with nearby competitors.」

「The sports facilities segment worked to promote sales but performed poorly, partly because of intensifying competition with nearby competitors. Health-related products also performed poorly due to the impact of similar competing products.」

「The sports facilities segment performed poorly, partly because of intensifying competition with nearby competitors.」

「As the declining birth rate and globalization continue to advance rapidly, competition in the market is expected to intensify further due to oversupply, changes in the distribution structure and other factors.」