Stagnant Consumer Sentiment and Weak Sales of Certain Products
First written in FY2017-Q2. 19 of 33 entries say "Restated". Latest entry: FY2027-H1.
Subaru Enterprise moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 9 of 14 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2027-H1Steady demand for eating out; continued consumer preference for savingAnnual report
「In the food-service industry, demand for eating out remained broadly steady, supported in part by inbound tourism, but the challenging environment continued, with consumers increasingly inclined to save and raw-material prices surging.」
While stating that demand for eating out remained broadly steady due to inbound tourism, describes consumers' increasingly strong preference for saving and surging raw-material prices as continuing risk factors. - FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period, the Japanese economy was on a gradual recovery trend as employment and income conditions improved, but remained in a difficult situation. Factors weighing on the outlook included increasing geopolitical instability, developments in U.S. trade policy, and a growing consumer preference for thrift due to continued price increases.」
Describes consumers' increasingly strong preference for saving due to continuing inflation as a new environmental factor that could affect consumer-related businesses. - FY2025-Q1RestatedAnnual report
「In the food-service industry, customer numbers recovered steadily in the post-COVID environment, but the challenging operating environment continued due to higher raw-material, labor and utility costs.」
While acknowledging the recovery in customer numbers, reconfirms the view that the challenging food-service operating environment caused by higher raw-material, labor and utility costs will continue. - FY2024RestatedAnnual report
「In the food-service industry, social life without restrictions on activities was restored and demand for eating out remained strong, with customer numbers recovering steadily. However, the challenging operating environment continued due to surging raw-material prices and higher labor and utility costs.」
While acknowledging the recovery in customer numbers and demand for eating out, reconfirms the view that the challenging environment caused by higher raw-material, labor and utility costs will continue. - FY2024-Q2RestatedAnnual report
「In the food-service industry, social life without restrictions on activities was restored and customer numbers recovered steadily, but the challenging operating environment continued due to surging procurement prices and higher labor and utility costs.」
While describing the return of social life without restrictions on activities and the steady recovery in customer numbers, continues to describe the challenging operating environment caused by higher procurement, labor and utility costs. - FY2024-Q1Customer traffic recovered; cost pressures continuedAnnual report
「In the food-service business, social life without restrictions on activities was restored and customer traffic recovered steadily under the living-with-COVID environment, but the challenging operating environment continued due to surging raw-material prices and higher labor and utility costs.」
While customer traffic recovered steadily as social life without restrictions on activities returned, the challenging environment caused by higher raw-material, labor and utility costs continued. - FY2023-Q3RestatedAnnual report
「Although social and economic activity was returning to normal and customer traffic showed signs of recovery, it had not returned to pre-pandemic levels, and the food-service business continued to face a challenging operating environment.」
While acknowledging the normalization of social and economic activity and the recovery trend in customer traffic, describes customer traffic as still below pre-pandemic levels and the challenging environment for the food-service business as continuing. - FY2023-Q2RestatedAnnual report
「Although the quasi-emergency measures to prevent the spread of disease were lifted and customer traffic temporarily showed signs of recovery, the spread of COVID-19 again prevented a full recovery, and the food-service business continued to face a challenging operating environment.」
While customer traffic temporarily recovered after the quasi-emergency measures to prevent the spread of disease were lifted, the renewed spread of COVID-19 prevented a full recovery in the food-service business, and the challenging environment continued. - FY2023-Q1Nighttime customer traffic remained weak even after restrictions were liftedAnnual report
「Although the quasi-emergency measures to prevent the spread of disease were lifted and customer traffic showed signs of recovery, the recovery in nighttime traffic was sluggish, and the food-service business continued to operate in a challenging environment.」
While describing the lifting of the quasi-emergency measures to prevent the spread of disease and the recovery trend in customer traffic, states that the recovery in nighttime traffic was sluggish and the food-service business continued to face a challenging environment. - FY2022-Q3RestatedAnnual report
「The food-service segment operated in an extremely challenging environment due to reduced operating hours associated with various requests from the government and local authorities, and the prolonged tendency to refrain from going out.」
Continues to recognize that the food-service segment faced an extremely challenging operating environment due to requests to reduce operating hours and the prolonged tendency to refrain from going out. - FY2022-Q2RestatedAnnual report
「The food-service segment operated in an extremely challenging environment due to requests to reduce operating hours associated with the state of emergency and other measures, and the prolonged tendency to refrain from going out.」
The food-service segment continues to face a challenging operating environment due to requests to reduce operating hours associated with the state of emergency and other measures, and the prolonged tendency to refrain from going out. - FY2022-Q1RestatedAnnual report
「The food-service segment operated in an extremely challenging environment due to requests to reduce operating hours associated with the state of emergency and other measures, and the prolonged tendency to refrain from going out.」
Continues to recognize that the food-service segment faced an extremely challenging operating environment due to requests to reduce operating hours associated with the state of emergency and other measures, and the prolonged tendency to refrain from going out. Meanwhile, revenue was at the same level as in the same period of the previous year. - FY2021WorsenedAnnual report
「The food-service segment operated in an extremely challenging environment due to reduced operating hours and requests to refrain from going out amid the spread of COVID-19. In this environment, we worked to meet consumer needs by ensuring restaurant operations that customers could use with confidence, selling takeaway products at restaurants and offering delivery sales, but revenue fell substantially below the previous fiscal year.」
Reduced operating hours and requests to refrain from going out due to the pandemic continued, and food-service revenue fell substantially below the previous fiscal year. Across the leisure business as a whole, revenue declined 26.2% year on year and segment profit declined 64.8%. - FY2021-Q3WorsenedAnnual report
「The food-service business operated in an extremely challenging environment as the COVID-19 pandemic prompted consumers to refrain from going out and increased the number of people working from home. Although our group worked to operate restaurants with infection prevention in mind, including by responding to demand for takeaway sales, revenue fell substantially below the same period of the previous year.」
In addition to existing pressures from labor costs and raw-material prices, the tendency to refrain from going out and the increase in people working from home affected the food-service business, resulting in an extremely challenging operating environment and revenue falling substantially below the same period of the previous year. - FY2021-Q2RestatedAnnual report
「The food-service business operated in an extremely challenging environment as the declaration of a state of emergency in response to the spread of COVID-19 caused personal consumption to decline sharply. Our group was also significantly affected by a decline in customer numbers and the suspension of restaurant operations, and revenue fell substantially below the same period of the previous year.」
Describes the continued impact of the sharp decline in personal consumption associated with the state of emergency, fewer customers and the suspension of restaurant operations, with food-service revenue falling substantially below the same period of the previous year. - FY2021-Q1WorsenedAnnual report
「The food-service business operated in an extremely challenging environment as the declaration of a state of emergency in response to the spread of COVID-19 caused personal consumption to decline sharply. Our group was also significantly affected by a decline in customer numbers and the suspension of restaurant operations, and revenue fell substantially below the same period of the previous year.」
In addition to the existing pressures from labor costs and raw-material prices, describes a sharp decline in personal consumption associated with the state of emergency, fewer customers and the suspension of restaurant operations, deepening the challenging environment for the food-service business. - FY2020WorsenedAnnual report
「The food-service business continued to face a challenging operating environment as higher labor costs and persistently elevated raw-material prices continued, while adverse weather, including a succession of major typhoons, and the consumption tax rate increase also had an impact.」
Describes the impact of the consumption tax rate increase as a new pressure, in addition to higher labor costs, persistently elevated raw-material prices and adverse weather, providing greater detail on the challenging food-service environment. - FY2020-Q3RestatedAnnual report
「The food-service business continued to face a challenging operating environment due to higher labor costs, persistently elevated raw-material prices and declining customer traffic caused by repeated adverse weather events and other factors.」
Continues to describe the challenging food-service operating environment, including higher labor costs, persistently elevated raw-material prices and declining customer traffic due to adverse weather. - FY2020-Q2RestatedAnnual report
「Although the industry as a whole was on a gradual recovery track, the food-service business continued to face a challenging operating environment due to higher labor costs, elevated raw-material prices and other factors.」
While describing the industry's gradual recovery trend, continues to describe the challenging food-service operating environment resulting from higher labor costs and persistently elevated raw-material prices. - FY2020-Q1RestatedAnnual report
「Although the industry as a whole was on a gradual recovery track, the food-service business continued to face a challenging operating environment due to higher labor costs, elevated raw-material prices and other factors.」
While describing the industry's gradual recovery trend, continues to describe the challenging operating environment resulting from higher labor costs and persistently elevated raw-material prices. - FY2019WorsenedAnnual report
「The food-service business continued to face a challenging operating environment due to labor shortages, higher raw-material prices resulting from natural disasters and other factors, and intensifying cross-industry competition with convenience stores and other businesses.」
Describes intensifying cross-industry competition with convenience stores and other businesses as a new pressure, in addition to labor shortages and higher raw-material prices due to natural disasters. - FY2019-Q3WorsenedAnnual report
「The food-service business continued to face a challenging operating environment due to labor shortages, higher raw-material prices and declining customer traffic caused by a succession of natural disasters, adverse weather and other factors.」
Describes labor shortages, higher raw-material prices and declining customer traffic due to a succession of natural disasters and adverse weather, providing greater detail on the challenging food-service operating environment. - FY2019-Q2RestatedAnnual report
「The food-service business continued to face a challenging operating environment due to labor shortages, higher raw-material prices and other factors.」
Continues to describe the challenging food-service environment caused by labor shortages and higher raw-material prices. - FY2018RestatedAnnual report
「The food-service business continued to face a challenging operating environment, affected by higher labor costs due to labor shortages and surging raw-material prices caused by adverse weather and other factors.」
Continues to describe higher labor costs due to labor shortages, surging raw-material prices due to adverse weather and the challenging food-service operating environment. - FY2018-Q3RestatedAnnual report
「Although personal consumption showed signs of recovery, it did not achieve a full recovery, and the food-service business continued to face a challenging operating environment, including higher raw-material prices and labor costs due to labor shortages.」
Continues to describe the challenging food-service operating environment, including higher raw-material prices and labor costs due to labor shortages, despite signs of a recovery in personal consumption that had not yet become a full recovery. - FY2018-Q2RestatedAnnual report
「The food-service business continued to face a challenging operating environment due to higher raw-material prices and labor costs resulting from labor shortages. We made efforts to improve service by putting food safety first, creating restaurants where customers could feel secure and earn their trust. During the period, the Doutor Coffee Shop Sunshine City Alpa restaurant closed in May.」
In addition to higher raw-material prices, higher labor costs due to labor shortages and the continued challenging operating environment, describes the closure of a restaurant during the period. - FY2018-Q1RestatedAnnual report
「The food-service business continues to face a challenging operating environment, including higher labor costs due to labor shortages.」
Continues to describe higher labor costs due to labor shortages and the challenging food-service operating environment. - FY2017WorsenedAnnual report
「The food-service business faced a challenging operating environment as consumers continued to favor saving, while labor costs rose due to labor shortages and material costs increased due to adverse weather and other factors. Shipments of some products were also suspended because of the typhoons that frequently occurred during the summer.」
Describes consumers' preference for saving and the challenging sales environment, as well as higher labor costs due to labor shortages, higher material costs and shipment suspensions caused by typhoons. - FY2017-Q3WorsenedAnnual report
「The food-service business faced a challenging operating environment as consumers remained highly inclined to save and personal consumption stagnated. Adverse weather, including the heavy rains and typhoons that occurred frequently this summer, reduced customer traffic, while some products in the merchandise business, including Ryusendo Water, were temporarily suspended from shipment.」
In addition to the previously noted stagnant consumer sentiment and weak sales, describes reduced customer traffic due to adverse weather and the suspension of shipments of certain products, making the operating environment for the food-service and merchandise businesses more specific and challenging. - FY2017-Q2First statedAnnual report
「In the food-service business, amid stagnant consumer sentiment, we worked to attract more customers by offering seasonal new menu items and introducing new services, including a lunchtime hors d'oeuvre buffet at some restaurants. During the period, the Trattoria ADONE Aoyama restaurant closed in April, and sales of products for highway service-area shops were weak.」
Describes stagnant consumer sentiment, restaurant closures and weak sales of products for highway service-area shops as actual business-environment and operating issues.