FY2018 Full-Year Distribution Industry: Revenue and Operating Profit Declines
First written in FY2018. 6 of 9 entries say "Worsened", first in FY2019. Latest entry: FY2026.
Kobe Electric Railway moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「However, due to consumers’ tendency to defer purchases amid higher energy and food prices and other factors, operating revenue in the retail business for the current consolidated fiscal year was ¥5,296 million, down ¥51 million, or 1.0%, from the previous consolidated fiscal year, while operating profit was ¥24 million, down ¥79 million, or 76.7%.」
The distribution business shifted from higher revenue and operating profit in the previous year to lower revenue and lower operating profit, with the decline in operating profit widening. - FY2024Full-year recovery in the distribution businessAnnual report
「As a result, operating revenue from the distribution business for the consolidated fiscal year was ¥5,174 million, up ¥244 million (4.9%) from the previous consolidated fiscal year, while operating profit was ¥75 million (compared with an operating loss of ¥4 million in the previous consolidated fiscal year).」
The distribution business generated higher revenue and shifted from an operating loss in the previous year to operating profit. - FY2023WorsenedAnnual report
「However, due to consumers’ tendency to postpone purchases amid soaring energy and food prices, intensifying competition and other factors, operating revenue from the distribution business for the consolidated fiscal year was ¥4,930 million, down 5.9% from the previous consolidated fiscal year, while the business posted an operating loss of ¥4 million (compared with operating profit of ¥38 million in the previous consolidated fiscal year).」
The distribution business shifted from operating profit in the previous year to an operating loss due to postponed purchases amid soaring prices and intensifying competition, resulting in lower revenue and lower profit for the full year. - FY2022WorsenedAnnual report
「However, due in part to the reaction to the decline in so-called “stay-at-home demand” seen in the previous consolidated fiscal year, operating revenue from the distribution business for the consolidated fiscal year was ¥5,237 million (¥6,132 million in the previous consolidated fiscal year), while operating profit was ¥38 million (¥71 million in the previous consolidated fiscal year).」
The distribution business shifted from the improvement seen in the previous year to lower revenue and lower operating profit due to the reaction to the decline in stay-at-home demand and other factors. - FY2020Full-year improvement in distribution business performanceAnnual report
「As a result, operating revenue from the distribution business for the consolidated fiscal year was ¥6,094 million, up ¥196 million (3.3%) from the previous consolidated fiscal year, while operating profit was ¥21 million, up ¥16 million (320.0%).」
The distribution business shifted from lower revenue and lower operating profit in FY2019, due in part to the opening of large commercial facilities, to higher revenue and higher operating profit in FY2020. - FY2019WorsenedAnnual report
「However, as competition intensified further following the opening of large-scale commercial facilities and for other reasons, operating revenue in the retail business for the current consolidated fiscal year was ¥5,898 million, down ¥341 million, or 5.5%, from the previous consolidated fiscal year, while operating profit was ¥5 million, down ¥40 million, or 88.9%.」
The distribution business continued to post lower revenue and lower profit, with operating revenue down 5.5% and operating profit down 88.9%. - FY2018First statedAnnual report
「However, due to intensifying competition and sluggish growth in the fresh-food division, operating revenue in the retail business for the current consolidated fiscal year was ¥6,239 million, down ¥282 million, or 4.3%, from the previous consolidated fiscal year, while operating profit was ¥45 million, down ¥51 million, or 53.1%.」
The full-year distribution business posted lower revenue and lower profit against a backdrop of intensifying competition and sluggish growth in the fresh-food division.