Intensifying competition with same-industry competitors and other business formats
First written in FY2016. 6 of 11 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2025.
Kintetsu Department Store moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2018: 16 of 40 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「The pace of change has accelerated more than ever in areas including changes in consumer behaviour and lifestyles, the progress of digitalisation, sluggish apparel and clothing sales, and inbound demand. These changes in the business environment may adversely affect the Group's business performance and financial condition.」
Regarding the risk of competition from companies in the same industry and companies in other business formats, it broadened the range of factors that could change the competitive environment to include changes in consumer behaviour and lifestyles, digitalisation, sluggish clothing sales and inbound demand. - FY2021-Q2MitigatedAnnual report
「Although imported automobile sales at 株式会社シュテルン近鉄 increased amid intensifying competition, higher personnel expenses and other costs incurred to secure sales staff resulted in revenue of ¥7,284 million, up 0.3% year on year, and an operating loss of ¥13 million, compared with operating profit of ¥82 million in the same period of the previous year.」
Although competition continued to intensify, imported automobile sales at 株式会社シュテルン近鉄 turned from a decline in revenue to an increase. Meanwhile, the wholesale and retail businesses recorded an operating loss due to higher personnel expenses and other factors. - FY2020-Q2MaterialisedAnnual report
「Although fresh-fish sales at 株式会社ジャパンフーズクリエイト remained strong, sales at 株式会社シュテルン近鉄 declined due to intensifying competition in imported automobile sales. As a result, revenue was ¥7,261 million, down 0.2% year on year, and operating profit was ¥82 million, down 11.4%.」
Intensifying competition in imported automobile sales became a factor in the decline in revenue at 株式会社シュテルン近鉄 and has continued to appear as a decline in revenue and operating profit for the wholesale and retail businesses as a whole. - FY2020-Q1MaterialisedAnnual report
「Although fresh-fish sales at 株式会社ジャパンフーズクリエイト remained strong, sales at 株式会社シュテルン近鉄 declined due to intensifying competition in imported automobile sales. As a result, revenue was ¥3,479 million, down 7.2% year on year, and operating profit was ¥17 million, down 42.4%.」
Intensifying competition in imported automobile sales became a factor in the decline in revenue at 株式会社シュテルン近鉄 and actually appeared as a decline in revenue and operating profit in the wholesale and retail businesses. - FY2019MaterialisedAnnual report
「At 株式会社シュテルン近鉄, intensifying competition in imported automobile sales led to a decline in revenue. As a result, revenue was ¥14,776 million, down 1.6% from the previous fiscal year, and operating profit was ¥302 million, down 13.1%.」
Intensifying competition in imported automobile sales actually became a factor in the declines in revenue and profit. - FY2019-Q3MaterialisedAnnual report
「In the wholesale and retail businesses, although fresh-fish sales at 株式会社ジャパンフーズクリエイト remained strong, sales at 株式会社シュテルン近鉄 declined due to intensifying competition in imported automobile sales. As a result, revenue was ¥10,809 million, down 0.6% year on year, and operating profit was ¥159 million, down 3.9%.」
Intensifying competition in imported automobile sales became a factor in the decline in revenue at 株式会社シュテルン近鉄, and revenue and operating profit for the wholesale and retail businesses as a whole fell below the same period of the previous year. - FY2019-Q2MaterialisedAnnual report
「Although fresh-fish sales at 株式会社ジャパンフーズクリエイト remained strong, sales at 株式会社シュテルン近鉄 declined due to intensifying competition in imported automobile sales. As a result, revenue was ¥7,277 million, down 0.4% year on year, and operating profit was ¥93 million, down 39.8%.」
Intensifying competition in imported automobile sales became a factor in the decline in revenue at 株式会社シュテルン近鉄, and revenue and operating profit for the wholesale and retail businesses as a whole fell below the same period of the previous year. - FY2019-Q1MaterialisedAnnual report
「Although fresh-fish sales at 株式会社ジャパンフーズクリエイト remained strong, sales at 株式会社シュテルン近鉄 declined due to intensifying competition in imported automobile sales. As a result, revenue was ¥3,748 million, down 1.7% year on year, and operating profit was ¥30 million, down 76.1%.」
Intensifying competition in imported automobile sales actually became a factor in the decline in revenue, and revenue and operating profit in the wholesale and retail businesses fell below the same period of the previous year. - FY2018WorsenedAnnual report
「Over the medium to long term, the competitive environment surrounding the retail market as a whole is expected to become increasingly severe due to population decline and the progression of the declining birthrate and population ageing, among other factors.」
In addition to the existing intensifying competition from companies in the same industry and companies in other business formats, it indicated that the competitive environment in the retail market is expected to become increasingly severe over the medium to long term against a backdrop of population decline and the declining birthrate and population ageing. - FY2017RestatedAnnual report
「Competition in the distribution industry is expected to remain severe, and in the Osaka and Nara regions, which are the primary trading areas of the Group, companies in the same industry and companies in other business formats have been successively opening and renovating stores.」
It continues to identify intensifying competition from companies in the same industry and companies in other business formats in the primary trading areas as a risk. - FY2016First statedAnnual report
「Competition in the distribution industry is expected to remain severe, and in the Osaka and Nara regions, which are the primary trading areas of the Group, companies in the same industry and companies in other business formats have been successively opening and renovating stores.」
Intensifying competition, including new store openings and renovations in the primary trading areas, is identified as a risk to business performance and financial condition.