Competition over Stores, Prices and Services and Expansion of Online Sales
First written in FY2016. 30 of 38 entries say "Restated". Latest entry: 2026-08-04.
Joshin moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2018: 16 of 40 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- 2026-08-04RestatedEarnings
「The business environment is expected to remain uncertain, with competition against other companies in the industry likely to intensify further due to sluggish consumption accompanying rising prices, foreign-exchange fluctuations and prolonged geopolitical risks.」
Rising prices, foreign-exchange fluctuations, geopolitical risks and intensifying competition continue to be cited as business-environment risks. - FY2026WorsenedAnnual report
「In the home-appliance retail industry as well, competition among industry participants is expected to intensify further due to expanding geopolitical risks, including escalating regional conflicts worldwide, deterioration in various economic indicators caused by rising raw-material prices, and sluggish consumer sentiment toward durable consumer goods amid stagnant real income growth accompanying inflation.」
It provides specific detail on demand for durable consumer goods and the severity of the competitive environment against a backdrop of geopolitical risks, soaring raw-material prices and stagnant growth in real income. - 2026-05-08RestatedEarnings
「In the home-appliance retail industry as well, competition among industry participants is expected to intensify further due to expanding geopolitical risks, including escalating regional conflicts worldwide, deterioration in various economic indicators caused by rising raw-material prices, and sluggish consumer sentiment toward durable consumer goods amid stagnant real income growth accompanying inflation.」
Geopolitical risks, rising raw-material prices, stagnant income and consumer sentiment, and intensifying competition continue to be cited as business-environment risks. - FY2026-H1RestatedAnnual report
「Looking ahead, the uncertain economic outlook, geopolitical risks arising from escalating regional conflicts, deteriorating economic indicators accompanying soaring raw-material prices, and concerns over sluggish demand for durable consumer goods resulting from weaker consumer sentiment and declining disposable income are expected to further intensify competition among industry peers.」
It reconfirms sluggish demand for durable consumer goods and intensifying competition, against a backdrop of an uncertain economic outlook, geopolitical risks, raw-material prices, and deteriorating income and consumer sentiment, as key business-environment risks continuing from the previous fiscal year. - FY2025WorsenedAnnual report
「Looking ahead, against a backdrop of an uncertain economic outlook, competition among industry peers is expected to intensify further due to geopolitical risks from escalating regional conflicts and other factors, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand for durable consumer goods resulting from weaker consumer sentiment and disposable income.」
It newly identifies geopolitical risks, soaring raw-material prices, deteriorating economic indicators, and sluggish demand for durable consumer goods resulting from lower real income and consumer sentiment, continuing to detail the severity of the competitive environment. - FY2025-H1RestatedAnnual report
「Looking ahead, against a backdrop of an uncertain economic outlook, competition among industry peers is expected to intensify further due to expanding geopolitical risks from escalating regional conflicts and other factors, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand for durable consumer goods resulting from weaker consumer sentiment and disposable income.」
It reconfirms sluggish demand for durable consumer goods and intensifying competition among industry peers, against a backdrop of geopolitical risks, raw-material prices, economic indicators, and weaker consumer sentiment and disposable income, as business-environment risks continuing from the previous fiscal year. - FY2024RestatedAnnual report
「Factors having a material impact on the Group's operating performance include changes in consumer spending following the removal of various restrictions related to the novel coronavirus disease, expanding global geopolitical risks from escalating regional conflicts and other factors, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand for durable consumer goods resulting from weaker consumer sentiment and disposable income, which are expected to intensify competition among industry peers.」
It reconfirms intensifying competition among industry peers, against a backdrop of changes in consumer spending, sluggish demand and geopolitical risks, as a key operating-environment risk. - FY2024-Q3RestatedAnnual report
「Looking ahead, against a backdrop of an uncertain economic outlook, competition among industry peers is expected to intensify further due to expanding global geopolitical risks, including escalating regional conflicts, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand for durable consumer goods resulting from weaker consumer sentiment and disposable income.」
It reconfirms intensifying competition among industry peers, against a backdrop of geopolitical risks, soaring raw-material prices, deteriorating economic indicators, and sluggish demand resulting from weaker consumer sentiment and disposable income, as a business-environment risk continuing from the past. - FY2024-Q2RestatedAnnual report
「Looking ahead, against a backdrop of an uncertain economic outlook, competition among industry peers is expected to intensify further due to expanding global geopolitical risks, including escalating regional conflicts, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand for durable consumer goods resulting from weaker consumer sentiment and disposable income.」
It reconfirms intensifying competition, against a backdrop of geopolitical risks, soaring raw-material prices, deteriorating economic indicators, and sluggish demand resulting from weaker consumer sentiment and disposable income, as a business-environment risk continuing from the previous quarter. - FY2024-Q1RestatedAnnual report
「Looking ahead, against a backdrop of an uncertain economic outlook, competition among industry peers is expected to intensify further due to expanding geopolitical risks from escalating regional conflicts and other factors, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand for durable consumer goods resulting from weaker consumer sentiment and disposable income.」
It reconfirms intensifying competition among industry peers, against a backdrop of geopolitical risks, soaring raw-material prices, deteriorating economic indicators, and sluggish demand resulting from weaker consumer sentiment and disposable income, as a business-environment risk continuing from the previous fiscal year. - FY2023-Q3RestatedAnnual report
「Looking ahead, in addition to the uncertain outlook for containing the novel coronavirus disease, competition among industry peers is expected to intensify further due to expanding geopolitical risks from escalating regional conflicts and other factors, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand resulting from weaker consumer sentiment and declining disposable income.」
It reconfirms intensifying competition, against a backdrop of the uncertain outlook for containing the infectious disease, geopolitical risks, soaring raw-material prices, deteriorating economic indicators, weaker consumer sentiment and disposable income, and sluggish demand, as a continuing business-environment risk. - FY2023-Q2RestatedAnnual report
「Looking ahead, in addition to the uncertain outlook for containing the novel coronavirus disease, competition among industry peers is expected to intensify further due to expanding geopolitical risks from escalating regional conflicts and other factors, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand resulting from weaker consumer sentiment and disposable income.」
It reconfirms intensifying competition, against a backdrop of the uncertain outlook for containing the infectious disease, geopolitical risks, soaring raw-material prices, deteriorating economic indicators, weaker consumer sentiment and disposable income, and sluggish demand, as a business-environment risk continuing from the previous quarter. - FY2023-Q1RestatedAnnual report
「Looking ahead, in addition to the uncertain outlook for containing the novel coronavirus disease, competition among industry peers is expected to intensify further due to expanding geopolitical risks from escalating regional conflicts and other factors, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand resulting from weaker consumer sentiment and disposable income.」
It reconfirms intensifying competition among industry peers, against a backdrop of infectious disease, geopolitical risks, soaring raw-material prices and sluggish demand, as a business-environment risk continuing from the previous fiscal year. - FY2022WorsenedAnnual report
「The consumer electronics retail industry is also expected to face increasingly intense competition among industry peers due to the uncertain outlook for containing the novel coronavirus disease, expanding geopolitical risks resulting from escalating regional conflicts, deteriorating economic indicators attributable to soaring raw-material prices and other factors, and sluggish demand resulting from weaker consumer sentiment and disposable income.」
In addition to the traditional risks of sluggish demand, competition and the expansion of online sales, it explicitly identifies the uncertain outlook for containing the infectious disease, geopolitical risks arising from regional conflicts, soaring raw-material prices, and declining disposable income, providing specific detail on the severity of the competitive environment. - FY2022-Q3RestatedAnnual report
「Looking ahead, with no end to the novel coronavirus disease in sight, the business environment is expected to be marked by deteriorating economic indicators, sluggish demand resulting from weaker consumer sentiment and disposable income, the reversal of the prior fiscal year's special demand and the possibility of a contraction in the market itself, as well as unstable product supplies from manufacturers due to the global semiconductor shortage and other factors, while competition among industry peers is expected to intensify further.」
It reconfirms infectious disease, sluggish demand, the reversal of special demand, market contraction, supply uncertainty due to the semiconductor shortage, and intensifying competition among industry peers as business-environment risks continuing from the previous quarter. - FY2022-Q2RestatedAnnual report
「Looking ahead, with no end to the novel coronavirus disease in sight, the business environment is expected to be marked by deteriorating economic indicators, sluggish demand resulting from weaker consumer sentiment and disposable income, the reversal of the prior fiscal year's special demand and the possibility of a contraction in the market itself, as well as unstable product supplies from manufacturers due to the global semiconductor shortage and other factors, while competition among industry peers is expected to intensify further.」
It reconfirms the uncertain outlook for containing the infectious disease, sluggish demand, the reversal of the prior fiscal year's special demand, the possibility of market contraction, supply uncertainty due to the semiconductor shortage, and intensifying competition among industry peers as business-environment risks continuing from the previous quarter. - FY2022-Q1WorsenedAnnual report
「Looking ahead, with no end to the novel coronavirus disease in sight, the business environment is expected to be marked by deteriorating economic indicators, sluggish demand resulting from weaker consumer sentiment and disposable income, the reversal of the prior fiscal year's special demand and the possibility of a contraction in the market itself, as well as unstable product supplies from manufacturers due to the global semiconductor shortage, while competition among industry peers is expected to intensify further.」
In addition to the existing risks of infectious disease, sluggish demand, market contraction and intensifying competition, it explicitly identifies the reversal of the prior fiscal year's special COVID-19-related demand and uncertainty over product supplies due to the global semiconductor shortage, providing specific detail on the business-environment risks. - FY2021RestatedAnnual report
「The consumer electronics retail industry as a whole is also expected to face continued significant deterioration in economic indicators and sluggish demand resulting from weaker consumer sentiment and disposable income, with no end to the novel coronavirus disease in sight, and, along with the possibility of a contraction in the market itself, competition among industry peers is expected to intensify further.」
It reconfirms infectious disease, sluggish demand, the possibility of market contraction, and intensifying competition among industry peers as the key business-environment risks facing the consumer electronics retail industry continuing through the previous quarter. - FY2021-Q3RestatedAnnual report
「Looking ahead, with no end to the novel coronavirus disease in sight, the business environment is expected to be marked by continued significant deterioration in economic indicators and sluggish demand resulting from weaker consumer sentiment and disposable income, and, along with the possibility of a contraction in the market itself, competition among industry peers is expected to intensify further.」
It reconfirms the uncertain outlook for containing the infectious disease, deterioration in economic indicators, consumer sentiment and disposable income, the possibility of market contraction, and intensifying competition among industry peers as business-environment risks continuing from the previous quarter. - FY2021-Q2RestatedAnnual report
「Looking ahead, with no end to the novel coronavirus disease in sight, the business environment is expected to be marked by continued significant deterioration in economic indicators and sluggish demand resulting from weaker consumer sentiment and disposable income, and, along with the possibility of a contraction in the market itself, competition among industry peers is expected to intensify further.」
It reconfirms the uncertain outlook for containing the novel coronavirus disease, deterioration in economic indicators, consumer sentiment and disposable income, the possibility of market contraction, and intensifying competition among industry peers as business-environment risks continuing from the previous quarter. - FY2021-Q1WorsenedAnnual report
「Looking ahead, with no end to the novel coronavirus disease in sight, the business environment is expected to be marked by sharply deteriorating economic indicators, sluggish demand resulting from weaker consumer sentiment and disposable income, and the possibility of a contraction in the market itself, while competition among industry peers is expected to intensify further.」
In addition to the traditional intensification of competition from competitors opening stores and the expansion of online sales, it explicitly identifies the uncertain outlook for containing the infectious disease, deteriorating economic indicators, consumer sentiment and disposable income, and the possibility of market contraction, providing specific detail on the risks in the competitive environment. - FY2020WorsenedAnnual report
「The household appliance retail industry is facing an unprecedented, extremely difficult and unpredictable environment. In addition to competition from competitors and expanding online sales, this includes sluggish demand due to weaker consumer sentiment following the consumption tax increase, store closures and reduced operating hours caused by the spread of COVID-19, and uncertainty over product supplies arising from supply-chain concerns.」
In addition to the traditional competitive pressure from competitors opening stores and the expansion of online sales, it explicitly identifies sluggish demand following the consumption tax increase, store closures and reduced operating hours due to infectious disease, and uncertainty over product supplies, describing the business environment as exceptionally severe, with no precedent. - FY2020-Q3WorsenedAnnual report
「However, since October, the difficult commercial environment has been compounded by weaker consumer sentiment following the consumption tax increase, restrictions on mobile-phone discounts, and poor sales of seasonal products due to the warm winter. Competition among companies in stores, prices, and services has become increasingly intense amid aggressive store openings by competitors and the continued expansion of online sales, and the difficult business environment continues.」
In addition to intensifying competition from competitor store openings and expanding online sales, the Group specifically identifies weaker consumer sentiment following the consumption tax increase, restrictions on mobile-phone discounts, and poor sales of seasonal products due to the warm winter, highlighting the severity of the commercial environment. - FY2020-Q2RestatedAnnual report
「Meanwhile, in the commercial environment, aggressive store openings by competitors and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The Group is reaffirming the intensification of competition in stores, prices, and services due to aggressive store openings by competitors and expanding online sales as a continuing business environment. - FY2020-Q1RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The Group is reaffirming sluggish demand, aggressive store openings by competitors, and expanding online sales as a continuing business environment that is intensifying competition. - FY2019RestatedAnnual report
「In the household appliance retail industry, stagnant demand due to weak consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales are expected to persist, and competition among companies in stores, prices, and services is forecast to become increasingly fierce.」
The Group is reaffirming stagnant demand, competitor store openings, and expanding online sales as continuing factors that will intensify competition in stores, prices, and services. - FY2019-Q3RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The Group is reaffirming sluggish demand, aggressive store openings by competitors, and expanding online sales as a continuing business environment that is intensifying competition in stores, prices, and services. - FY2019-Q2RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The Group is reaffirming sluggish demand, aggressive store openings by competitors, and expanding online sales as a continuing business environment that is intensifying competition. - FY2019-Q1RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The Group is reaffirming weaker consumer sentiment, aggressive store openings by competitors, and expanding online sales as a continuing business environment that is intensifying competition. - FY2018RestatedAnnual report
「Stagnant demand due to consumer trends, aggressive store openings by competitors, and the continued expansion of online sales are expected to persist, and competition among companies in stores, prices, and services is forecast to become increasingly fierce.」
The Group is reaffirming stagnant demand, competitor store openings, and expanding online sales as continuing factors that will intensify competition in stores, prices, and services. - FY2018-Q3RestatedAnnual report
「In the commercial environment, stagnant demand, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The Group describes stagnant demand, aggressive store openings by competitors, and expanding online sales as a continuing business environment that is intensifying competition. - FY2018-Q2RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The Group describes weaker consumer sentiment, aggressive store openings by competitors, and expanding online sales as a continuing business environment that is intensifying competition. - FY2018-Q1RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The Group is reaffirming the continuing business environment of weaker consumer sentiment, aggressive store openings by competitors, and expanding online sales, which are intensifying competition. - FY2017RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
The annual report continues to describe weaker consumer sentiment, competitor store openings, and the expansion of online sales as a persistent business environment contributing to intensifying competition. - FY2017-Q3RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
Weaker consumer sentiment, aggressive store openings by competitors, the expansion of online sales, and intensifying competition in stores, prices, and services are reiterated as continuing risks. - FY2017-Q2RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
Weaker consumer sentiment, aggressive store openings by competitors, the expansion of online sales, and intensifying competition in stores, prices, and services are reiterated as continuing risks. - FY2017-Q1RestatedAnnual report
「In the commercial environment, sluggish demand due to weaker consumer sentiment, aggressive store openings by competitors, and the continued expansion of online sales have persisted. Competition among companies in stores, prices, and services is becoming increasingly intense, and the difficult business environment continues.」
Competitor store openings, the expansion of online sales, and weaker consumer sentiment are reiterated as continuing risks in the competitive environment. - FY2016First statedAnnual report
「Competition among companies based on stores, prices, and services is becoming increasingly intense as competitors open new stores and online sales expand, and the difficult business environment continues.」
Competitor store openings and the expansion of online sales are identified as sources of competitive pressure across stores, pricing, and services.