Declining Demand at Retail Stores Amid the Recovery in Dining Out and Travel and Higher Prices
First written in FY2024-Q1. 2 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2026-H1DroppedAnnual report
「Accordingly, the “retail distribution-related business” segment was discontinued from the current interim consolidated accounting period.」
Following the transfer of all shares in the retail distribution business and the discontinuation of the segment, the description of the risk of lower demand in that business due to recovery in dining out and travel and higher prices was removed. - FY2025Shift to lower demand due to intensifying competition and population declineAnnual report
「The main reasons for the operating loss were lower sales due to intensifying competition with neighboring companies and population decline in the areas served by some stores, as well as temporary increases in expenses associated with store closures.」
The main factors shifted from the previous explanation, which focused on increased dining out and travel and consumers refraining from purchases due to higher prices, to intensifying competition, population declines in some areas, and store closure costs. - FY2025-H1Loss factors changed to population decline and store closure costsAnnual report
「The main reasons for the operating loss were lower sales due to population decline in the areas served by some stores and temporary increases in expenses associated with store closures.」
The explanation of the loss factors changed from the previous focus on lower spending on food consumed at home due to increased dining out and travel and consumers refraining from purchases due to higher prices, to population declines in some store locations and temporary expenses associated with store closures. - FY2024-Q3RestatedAnnual report
「The main reasons for the operating loss were cautious consumer spending affected by higher prices and temporary increases in expenses associated with store closures.」
Consumers refraining from purchases due to higher prices continued to be described as a factor behind the operating loss in the retail distribution-related business. Temporary expenses associated with store closures were added as a factor this time. - FY2024-Q2RestatedAnnual report
「The main factors behind the operating loss were lower spending on food consumed at home due to increased dining out and travel following the easing of activity restrictions, and consumers refraining from purchases as a result of higher prices.」
Lower spending on food consumed at home due to increased dining out and travel, and consumers refraining from purchases due to higher prices, continued to be described as factors behind the operating loss in the retail distribution-related business. - FY2024-Q1First statedAnnual report
「As a result, revenue from the retail distribution-related business was ¥2.056 billion, up 2.2% year on year, and operating loss was ¥26 million, compared with an operating loss of ¥47 million in the same period of the previous year. The main factors behind the operating loss were lower spending on food consumed at home due to increased dining out and travel following the easing of activity restrictions, and consumers refraining from purchases as a result of higher prices.」
Lower spending on food consumed at home due to increased dining out and travel following the easing of activity restrictions, and consumers refraining from purchases due to higher prices, were described for the first time as factors behind the operating loss in the retail distribution-related business.