Intensifying Competition in the Distribution Industry and Sluggish Growth in the Fresh Foods Segment
First written in FY2018-Q1. 12 of 15 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2026.
Kobe Electric Railway moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2017: 3 of 7 companies on the "Worse" side.
3 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%.」
In the retail business, consumers’ tendency to defer purchases amid higher energy and food prices and other factors continued to affect results, resulting in lower revenue and a substantial decline in operating profit. - 2026-05-14WorsenedResults presentation
「しかしながら、エネルギー価格や食料品価格の高騰に伴う消費者の買い控え傾向等により、流通業は減収・減益となりました。」
価格高騰と買い控え傾向が、流通業の減収・減益として継続的に実績化した。 - FY2023-Q3WorsenedAnnual report
「However, due to consumers’ tendency to defer purchases amid higher energy and food prices, intensifying competition and other factors, operating revenue in the retail business for the third quarter of the current consolidated cumulative period was ¥3,737 million, down 6.5% year on year, and the business recorded an operating loss of ¥3 million, compared with operating profit of ¥35 million in the same period of the previous year.」
In addition to intensifying competition, consumers’ tendency to defer purchases amid higher energy and food prices continued, resulting in lower revenue and an operating loss in the retail business. - FY2023-Q2WorsenedAnnual report
「However, due to consumers’ tendency to defer purchases amid higher energy and food prices, intensifying competition and other factors, operating revenue in the retail business for the second quarter of the current consolidated cumulative period was ¥2,442 million, down 7.4% year on year, and the business recorded an operating loss of ¥24 million, compared with operating profit of ¥14 million in the same period of the previous year.」
Consumers’ tendency to defer purchases amid higher energy and food prices and intensifying competition materialised as a 7.4% decline in retail revenue and an operating loss. - FY2023-Q1WorsenedAnnual report
「However, due to the decline in stay-at-home demand, stronger consumer thrift resulting from higher energy and food prices, intensifying competition and other factors, operating revenue in the retail business for the first quarter of the current consolidated cumulative period was ¥1,225 million, down 7.0% year on year, and the business recorded an operating loss of ¥13 million, compared with operating profit of ¥9 million in the same period of the previous year.」
The decline in stay-at-home demand, consumer thrift resulting from higher energy and food prices, and intensifying competition materialised as lower revenue and an operating loss in the retail business. - FY2020-Q2RestatedAnnual report
「However, due to intensifying competition, operating revenue in the retail business for the second quarter of the current consolidated cumulative period was ¥3,013 million, down ¥20 million, or 0.7%, from the same period of the previous year, while operating profit was ¥0 million, down ¥10 million from the same period of the previous year.」
Lower revenue and lower profit in the retail business due to intensifying competition continued. Operating profit fell ¥10 million year on year to ¥0 million for the second quarter of the current consolidated cumulative period. - FY2020-Q1WorsenedAnnual report
「In the food supermarket business, amid continuing intensification of competition, the Company sought to attract customers by strengthening the fresh-food division, particularly through morning markets held at stores and the produce section, as well as through other measures,」
Competition continued to intensify, with operating revenue in the retail business down 2.1% year on year and operating profit down 75.0%. The impact of the competitive environment on results continued. - 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 opening of large-scale commercial facilities and other factors further intensified competition, increasing the impact on the retail business in the form of lower revenue and lower profit. - FY2019-Q3WorsenedAnnual report
「However, due to intensifying competition, operating revenue in the retail business for the third quarter of the current consolidated cumulative period was ¥4,550 million, down ¥214 million, or 4.5%, from the same period of the previous year, while operating profit was ¥12 million, down ¥26 million, or 68.4%.」
Lower revenue and lower profit in the retail business due to intensifying competition continued, with operating profit down 68.4% year on year. - FY2019-Q2RestatedAnnual report
「However, due to intensifying competition, operating revenue in the retail business for the second quarter of the current consolidated cumulative period was ¥3,033 million, down ¥90 million, or 2.9%, from the same period of the previous year, while operating profit was ¥10 million, down ¥14 million, or 58.3%.」
Lower revenue and lower profit in the retail business due to intensifying competition continued. Operating profit declined 58.3% year on year, although the rate of decline narrowed from 71.4% in the previous quarter. - FY2019-Q1WorsenedAnnual report
「However, due to intensifying competition, operating revenue in the retail business for the first quarter of the current consolidated cumulative period was ¥1,529 million, down ¥61 million, or 3.8%, from the same period of the previous year, while operating profit was ¥4 million, down ¥10 million, or 71.4%.」
Lower revenue and lower profit in the retail business due to intensifying competition continued, with operating profit down 71.4% year on year. - FY2018WorsenedAnnual 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%.」
Lower revenue and lower profit in the retail business due to intensifying competition and sluggish growth in the fresh-food division continued through the full year, with operating profit down 53.1%. - FY2018-Q3WorsenedAnnual report
「However, due to intensifying competition and sluggish growth in the fresh-food division, operating revenue in the retail business for the third quarter of the current consolidated cumulative period was ¥4,764 million, down ¥216 million, or 4.3%, from the same period of the previous year, while operating profit was ¥38 million, down ¥40 million, or 51.3%.」
Lower revenue and lower profit in the retail business due to intensifying competition and sluggish growth in the fresh-food division continued, and the year-on-year decline in operating profit widened from 47.8% in the second quarter to 51.3%. - FY2018-Q2WorsenedAnnual report
「However, due to intensifying competition and sluggish growth in the fresh-food division, operating revenue in the retail business for the second quarter of the current consolidated cumulative period was ¥3,123 million, down ¥159 million, or 4.8%, from the same period of the previous year, while operating profit was ¥24 million, down ¥22 million, or 47.8%.」
Lower revenue and lower profit in the retail business due to intensifying competition and sluggish growth in the fresh-food division materialised, with the rates of decline exceeding those in the first quarter. - FY2018-Q1First statedAnnual report
「However, due to intensifying competition and sluggish growth in the fresh-food division, operating revenue in the retail business for the first quarter of the current consolidated cumulative period was ¥1,590 million, down ¥57 million, or 3.5%, from the same period of the previous year, while operating profit was ¥14 million, down ¥10 million, or 41.7%.」
Intensifying competition and sluggish growth in the fresh-food division were cited as actual causes of lower revenue and lower profit in the retail business, with the impact quantified.