Risk of declining profitability due to competition with industry peers
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2023.
1 other company's latest entry also says "Restated".
- FY2023RestatedAnnual report
「As an initiative to reduce risks, we respond by using our expertise in handling food products and building logistics systems tailored to customer needs.」
In response to the risk of declining profitability due to competition with industry peers, the Company uses its expertise in handling food products and its ability to address customer needs as means of differentiation. - FY2019RestatedAnnual report
「The Group operates in a highly competitive market with many industry participants. We differentiate ourselves by handling imported food products that require a certain level of expertise in storage and transportation, using our refrigerated and general-purpose warehouse facilities.」
The Company describes the highly competitive environment and reiterates its policy of differentiation through refrigerated and general-purpose warehouse facilities and the handling of imported food products. - FY2017First statedAnnual report
「The Group operates in a highly competitive market with many industry participants. We differentiate ourselves by handling imported food products that require a certain level of expertise in storage and transportation, using our refrigerated and general-purpose warehouse facilities. However, competition may affect the financial position and operating results of the Group through declines in revenue, profit margins and other factors.」
In response to intense competition with industry peers, the Company seeks to differentiate itself through its handling of imported food products and its warehouse facilities and expertise, while describing the possibility of declines in revenue and profit margins.