Cross-Industry Competition and a Severe Labor Shortage
First written in FY2017-Q2. 14 of 27 entries say "Restated". Latest entry: 2026-10-15.
Retail Partners moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 21 of 39 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2026WorsenedAnnual report
「In the areas where the Group operates, competition is intensifying further across industries and business formats, involving major chains, regional chains, and leading local companies operating food supermarkets, as well as discount stores, drugstores, convenience stores, e-commerce operators, and others.」
In addition to the previously cited intensification of competition beyond traditional industries and business formats, it describes competition as having intensified further, underscoring the severity of the competitive environment. - 2026-05-04RestatedGeneral Meetings of Shareholders
「In the food retail industry, competition across industries and business formats is intensifying further. The industry continues to face a challenging operating environment, with various issues including market contraction associated with the declining birthrate, aging population and population decline, persistent labor shortages, and rising store operating costs, including personnel expenses.」
The Company continues to identify intensifying competition, market contraction, labor shortages, and rising store operating costs as challenges in the business environment. - FY2026-H1RestatedAnnual report
「In the food retail industry, the competitive environment remains challenging as competition among companies across industries and business formats intensifies, while the industry faces various issues, including market contraction and greater difficulty securing personnel due to demographic changes such as the declining birthrate and aging population and population decline, as well as rising personnel expenses and other store operating costs.」
It continues to describe competition across industries and business formats, market contraction, greater difficulty securing personnel, and higher personnel expenses and other store operating costs as challenges in the difficult business environment. - FY2025RestatedAnnual report
「In the business environment surrounding the Group, competition among companies across industries and business formats is intensifying, while various issues are a concern, including market contraction and greater difficulty securing personnel due to demographic changes such as the declining birthrate and aging population and population decline, as well as higher store operating costs resulting from rising prices.」
It continues to describe competition across industries and business formats, market contraction, greater difficulty securing personnel, and higher store operating costs as issues in the business environment. - FY2025-H1RestatedAnnual report
「In the business environment surrounding the Group, competition among companies across industries and business formats is intensifying, while various issues are a concern, including market contraction and greater difficulty securing personnel due to demographic changes such as the declining birthrate and aging population and population decline, as well as higher store operating costs resulting from rising prices.」
It continues to describe competition across industries and business formats, market contraction, greater difficulty securing personnel, and higher store operating costs as issues in the business environment. - FY2025-Q1WorsenedAnnual report
「In the business environment surrounding the Group, competition among companies across industries and business formats is intensifying, while various issues are a concern, including market contraction and greater difficulty securing personnel due to demographic changes such as the declining birthrate and aging population and population decline, as well as higher store operating costs resulting from rising prices.」
In addition to competition beyond traditional industries and business formats, labor shortages, and rising costs, it explicitly identifies market contraction and greater difficulty securing personnel due to demographic changes, broadening the concerns regarding the business environment. - FY2023RestatedAnnual report
「In the areas where the Group operates, competition is intensifying across business formats, involving major chains, regional chains, and leading local companies operating food supermarkets, as well as discount stores, drugstores, convenience stores, e-commerce operators, and others.」
It continues to recognize intensifying competition across business formats as a highly material risk. - FY2022WorsenedAnnual report
「Many competing stores are still scheduled to open in the trading area, and this risk is expected to materialize intermittently in the future. The impact is already believed to be appearing in some areas, and the likelihood that it will become apparent in the future is considered extremely high.」
It assesses the competitive risk as extremely likely to materialize, with many store openings planned in the trading area and impacts already appearing in some areas. - FY2022-Q3RestatedAnnual report
「Changes in consumer purchasing behavior resulting from the spread of infectious diseases, including less frequent visits to stores and increased online purchases, continue. Competition among companies across industries and business formats, including e-commerce operators and drugstores that handle food products, is intensifying further.」
It continues to cite less frequent store visits, increased online purchases, and intensifying competition across industries and business formats with e-commerce operators, drugstores, and others. - FY2022-Q1WorsenedAnnual report
「Changes in consumer purchasing behavior resulting from the spread of infectious diseases, including less frequent visits to stores and increased online purchases, continue. Competition among companies across industries and business formats, including e-commerce operators and drugstores that handle food products, is intensifying further.」
It states that competition across industries and business formats, including e-commerce operators and drugstores, is intensifying further, explicitly indicating a deterioration in the competitive environment. - FY2021-Q3RestatedAnnual report
「In the food retail industry, stay-at-home demand increased as people refrained from going out to prevent the spread of COVID-19, resulting in strong sales of food and daily necessities and significant changes in sales trends. Consumer purchasing behavior has also changed, including a stronger tendency to avoid large commercial facilities as awareness of preventing the spread of infectious diseases increased nationwide. Meanwhile, the competitive environment is intensifying as companies in other industries, including e-commerce operators and drugstores, expand their handling of food products.」
While acknowledging changes in sales trends driven by stay-at-home demand, it continues to cite the expansion of food sales by e-commerce operators and drugstores and intensifying competition. - FY2021-Q2RestatedAnnual report
「In the food retail industry, sales trends have changed significantly, with demand for food and daily necessities increasing as people stayed home due to school closures, working from home, and calls to refrain from going out to prevent the spread of COVID-19. At the same time, the competitive environment is intensifying as companies in other industries, including e-commerce operators and drugstores, expand their handling of food products.」
While acknowledging changes in sales trends driven by stay-at-home demand, it continues to identify the expansion of food sales by e-commerce operators and drugstores as a factor intensifying competition. - FY2021-Q1WorsenedAnnual report
「In the food retail industry, the competitive environment is intensifying as companies in other industries, including e-commerce operators and drugstores, expand their handling of food products.」
In addition to intensifying competition beyond traditional industries and business formats, it explicitly identifies the expansion of food sales by e-commerce operators and drugstores as a new competitive factor. - FY2020WorsenedAnnual report
「In the retail industry, the business environment remains challenging owing to poor sales of seasonal products caused by the late end of the rainy season, cool summers and warm winters, competition in the food market including from companies in other industries, the effects of the consumption tax increase, and increases in raw material prices, labor costs and logistics costs.」
It identifies competition extending beyond traditional business formats, labor shortages, rising labor and logistics costs, poor sales of seasonal products due to weather, the consumption tax increase, and rising raw material prices as specific factors contributing to the challenging operating environment. - FY2020-Q2RestatedAnnual report
「In the retail industry, the business environment remains challenging owing to unseasonable weather, increases in raw material prices, labor costs and logistics costs, as well as the effects of the consumption tax rate increase in October 2019.」
The Company continues to describe unseasonable weather, increases in raw material prices, labor costs and logistics costs, and the effects of the consumption tax rate increase as factors contributing to the challenging environment in the retail industry. - FY2020-Q1WorsenedAnnual report
「In the retail industry, the business environment remains challenging owing to increases in raw material prices, labor costs and logistics costs, as well as the effects of the consumption tax rate increase scheduled for October.」
In addition to the cost increases caused by intensifying competition and labor shortages, the Company explicitly identifies rising raw material prices and the consumption tax rate increase scheduled for October. - FY2019RestatedAnnual report
「The environment surrounding our group remains challenging in a shrinking market, with sales competition across industries and business formats becoming even more intense, and we expect difficult business conditions to continue.」
The Company continues to describe the shrinking market, intensifying competition across industries and business formats, and rising expenses, particularly labor costs, as factors contributing to the challenging business environment. - FY2019-Q3RestatedAnnual report
「In the retail industry, consumption remains weak as real income struggles to grow and consumers maintain a strong preference for saving. In addition, the business environment remains challenging as companies' labor costs rise amid intensifying competition across business formats, labor shortages affecting society as a whole and efforts to address work-style reforms.」
The Company continues to describe consumers' persistent preference for saving, cross-format competition, labor shortages and higher labor costs associated with efforts to address work-style reforms. - FY2019-Q2WorsenedAnnual report
「In the retail sector, consumption remained weak because of consumers’ deep-rooted cost-consciousness. As competition intensified across business formats, costs including personnel and logistics expenses increased because of labor shortages throughout society and the need to respond to work-style reforms, and the challenging business environment continued.」
The Company explicitly identifies higher costs, including labor and logistics costs, resulting from efforts to address intensifying competition, labor shortages and work-style reforms, providing greater detail on the factors contributing to the challenging environment. - FY2018-Q3WorsenedAnnual report
「The retail industry faces a challenging business environment owing to weaker consumption caused by adverse weather, in addition to consumers' preference for saving and growing concerns about protecting household finances, as well as intensifying sales competition across business formats, rising labor costs due to labor shortages and higher logistics costs.」
The Company describes weaker consumption due to weather, rising logistics costs and higher labor costs caused by labor shortages, in addition to cross-format competition, increasing the factors contributing to the challenging business environment. - FY2018-Q2WorsenedAnnual report
「In the retail sector, personal consumption remains stagnant because of consumers' preference for saving, price competition arising from intensifying competition across business formats is reducing profits, and labor costs are increasing further due to higher social insurance expenses and increasingly severe labor shortages, resulting in a challenging business environment.」
The Company states that, in addition to declining profits from cross-format and price competition, labor costs have increased further due to increasingly severe labor shortages. - FY2018-Q1WorsenedAnnual report
「The business environment continues to become more challenging as personal consumption stagnates due to consumers' preference for saving, profits decline owing to price competition resulting from intensifying competition across business formats, and labor costs rise due to the expansion of social insurance coverage and increasingly severe labor shortages, among other factors.」
The Company describes declining profits from cross-format and price competition, along with rising labor costs due to increasingly severe labor shortages, providing greater detail on the existing competition and labor-shortage risks. - FY2017RestatedAnnual report
「In the regions where our group operates, competition is intensifying across business formats, with major chains, regional chains and leading local companies operating food supermarkets, as well as discount stores, drugstores and convenience stores.」
The Company continues to identify intensifying competition from major and regional chains, as well as across multiple business formats, as a risk. - FY2017-Q3RestatedAnnual report
「Meanwhile, in response to the worsening recruitment environment becoming apparent, the Company is reviewing its compensation structure and enhancing employee benefits, among other measures,」
The Company continues to recognize the increasingly difficult recruitment environment and is responding by reviewing its compensation structure and employee benefits. - FY2017-Q2First statedAnnual report
「The business environment remains challenging, owing to competition across industries and severe labor shortages, among other factors.」
The Company newly identifies intensifying competition in the retail sector and labor shortages as challenging business conditions during the quarter.