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Totenko (8181) · RiskRestated

Economic Recession and Intensifying Competition in the Dining-Out Market

First written in FY2017. 17 of 22 entries say "Restated". Latest entry: FY2026.

22entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2019-Q3RestatedFY2020-Q2 – FY2020-Q3RestatedFY2022-Q3 – FY20262017: 220172018: 420182019: 420192020: 120202021: 220212022: 320222023: 120232024: 320242025: 120252026: 12026
Same theme, other companies

The whole theme swung hardest in 2020: 33 of 49 companies on the "Worse" side.

31 other companies' latest entry also says "Restated".

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.
Showing 14 of the 67 companies compared. The sentences above are computed from all 67.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「Our business performance is significantly affected by economic conditions, particularly trends in corporate demand. Competition in the food service market is becoming increasingly intense due to new market entrants and the rise of the prepared-food market. If the economic downturn and intensifying competition continue, they may affect our business performance.」

    Economic conditions, corporate demand and intensifying competition in the food service market continue to be identified as business performance risks.
  2. FY2026-H1RestatedAnnual report

    「In the second half of the fiscal year, we will continue to develop new initiatives and review plans to overcome competition in the increasingly competitive wedding market.」

    Intensifying competition in the food service and wedding markets continues to be identified as a challenge in the business environment.
  3. FY2025-Q1RestatedAnnual report

    「During the first quarter under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  4. FY2024RestatedAnnual report

    「Our business performance is significantly affected by economic conditions, particularly trends in corporate demand. Competition in the food service market is becoming increasingly intense due to new market entrants and the rise of the prepared-food market. If the economic downturn and intensifying competition continue, they may affect our business performance.」

    Economic conditions, corporate demand and intensifying competition in the food service market continue to be identified as business performance risks.
  5. FY2024-Q3RestatedAnnual report

    「During the first 3 quarters under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  6. FY2024-Q1RestatedAnnual report

    「During the first quarter under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  7. FY2023-Q2RestatedAnnual report

    「During the first 2 quarters under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  8. FY2023-Q1RestatedAnnual report

    「During the first quarter under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  9. FY2022-Q3RestatedAnnual report

    「During the first 3 quarters under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  10. FY2021WorsenedAnnual report

    「During the fiscal year under review, Japan's economy deteriorated rapidly as the spread of the novel coronavirus severely restricted personal consumption and corporate activities, and extremely challenging conditions continued.」

    With respect to risks such as an economic recession and corporate demand, it is stated that the spread of the novel coronavirus severely restricted personal consumption and corporate activities, causing the economy to deteriorate rapidly.
  11. FY2021-Q3MaterialisedAnnual report

    「The spread of the novel coronavirus severely restricted personal consumption and corporate activities, and the economy is deteriorating rapidly.」

    Risks related to an economic recession and restrictions on personal consumption and corporate activities are specifically reflected in the rapid economic deterioration accompanying the spread of the infection.
  12. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  13. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  14. FY2020-Q1MaterialisedAnnual report

    「However, sales for the first quarter under review were sluggish in both the banquet and wedding divisions, declining 2.9% year on year to ¥1,780.77 million,」

    Sluggish performance in the banquet and wedding divisions is specifically identified as a factor behind the decline in first-quarter sales.
  15. FY2019MaterialisedAnnual report

    「As a result, revenue for the fiscal year was ¥695.421 million, up 1.9% year on year, but below plan due to a decline in corporate banquet demand.」

    A decline in corporate demand is identified as an actual factor behind the failure to meet the sales plan, with risks related to economic conditions and corporate demand reflected in business performance.
  16. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  17. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  18. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  19. FY2018RestatedAnnual report

    「Our business performance is significantly affected by economic conditions, particularly trends in corporate demand. Competition in the food service market is becoming increasingly intense due to new market entrants and the rise of the prepared-food market. If the economic downturn and intensifying competition continue, they may affect our business performance.」

    Economic conditions, corporate demand and intensifying competition in the food service market continue to be identified as business performance risks.
  20. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  21. FY2018-Q2RestatedAnnual report

    「During the cumulative second quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」

    The existing risks related to an economic recession and intensifying competition in the food service market are described as having undergone no material changes.
  22. FY2017First statedAnnual report

    「Our business performance is significantly affected by economic conditions, particularly trends in corporate demand. Competition in the food service market is becoming increasingly intense due to new market entrants and the rise of the prepared-food market. If the economic downturn and intensifying competition continue, they may affect our business performance.」

    Economic conditions, corporate demand, new entrants to the food service market and the rise of the prepared-food market are identified as business performance risks.
Moved together

"Uncertainty about the outlook amid weak stock markets and continued yen appreciation" moved the same way as this thread, in the same document, in 3 of its 22 moves.

3322★1234
  1. ★This thread
  2. 1Uncertainty about the outlook amid weak stock markets and continued yen appreciation3×
  3. 2Sluggish growth in banquet and wedding guest numbers and the impact of weather and renovation closures3×
  4. 3Revenue Target Achievement2×
  5. 4Booking Cancellations and Closures Due to the Spread of COVID-192×

★ 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 Totenko yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Economic Recession and Intensifying Competition in the Dining-Out Market | Totenko Co.,Ltd. (8181) | Komori