Intensifying competition with peers and other formats, and over-storing
First written in FY2017. 3 of 15 entries say "Restated". Latest entry: FY2027-H1.
Juntendo moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 23 of 36 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「During the current interim accounting period, operating revenue fell below the prior-year period as the decline in customer visits caused by weaker consumer purchasing intent due to higher prices and price competition with other companies continued from the previous period.」
The disclosure identifies price competition with other companies as a performance factor linked to the decline in customer visits and the year-on-year decrease in revenue. - FY2026Updated number of operating storesAnnual report
「We operate in the Chugoku and Kinki regions, currently operating 93 home centers in the Chugoku region and 23 in the Kinki region. Although we plan to continue opening stores in the Chugoku and Kinki regions to establish dominant market areas, changes in economic conditions and trends among competitors may affect our store-opening policy and business performance.」
The number of operating home centers was updated to 93 in the Chugoku region and 23 in the Kinki region, for a total of 116 stores. The store-opening policy aimed at establishing dominant market areas and the risk of impact from competitor trends continue. - FY2024Updated number of operating storesAnnual report
「Currently, we operate 100 stores in the Chugoku region (97 home centers and 3 book centers) and 28 stores in the Kinki region (28 home centers), and plan to open additional stores in the Chugoku and Kinki regions.」
The number of operating stores was updated to 100 in the Chugoku region and 28 in the Kinki region. Competition with drugstores, large-scale commercial facilities and other home centers, as well as oversupply of stores, continues to be identified as a risk. - FY2024-Q3RestatedAnnual report
「In terms of earnings, due to factors including a decline in gross profit from price competition, higher personnel expenses to secure human resources, and increased utilities expenses resulting from higher energy costs, operating profit was ¥528 million, a decrease of ¥593 million, or 52.9%, year on year,」
The decline in gross profit from price competition continues to be identified, together with higher personnel and energy costs, as a factor behind the 52.9% year-on-year decrease in operating profit. - FY2024-Q2WorsenedAnnual report
「In terms of earnings, due to factors including a decline in gross profit from price competition, higher personnel expenses to secure human resources, and increased utilities expenses resulting from higher energy costs, operating profit was ¥499 million, a decrease of ¥533 million, or 51.6%, year on year,」
The disclosure specifically states that price competition with peer companies and others affected operating profit through a decline in gross profit, contributing to the 51.6% year-on-year decrease. - FY2023Updated number of operating storesAnnual report
「Currently, we operate 101 stores in the Chugoku region (97 home centers and 4 book centers) and 28 stores in the Kinki region (28 home centers), and plan to open additional stores in the Chugoku and Kinki regions.」
The number of operating stores is stated as 101 in the Chugoku region and 28 in the Kinki region, down 1 store from the previous 29 in the Kinki region. Competition with drugstores, large-scale commercial facilities and other home centers, as well as oversupply of stores, continues to be identified as a risk. - FY2022Updated number of operating storesAnnual report
「Currently, we operate 101 stores in the Chugoku region (97 home centers and 4 book centers) and 29 stores in the Kinki region (29 home centers), and plan to open additional stores in the Chugoku and Kinki regions.」「However, openings by drugstores expanding their chain networks, large-scale commercial facilities and other home centers continue within our sales area, and some areas are oversupplied with stores.」
The number of operating stores was updated to 101 in the Chugoku region and 29 in the Kinki region, while competition with drugstores, large-scale commercial facilities and other home centers, as well as oversupply of stores, continues to be identified as a risk. - FY2021Updated the number of operating stores and the competitive environmentAnnual report
「Currently, we operate 102 stores in the Chugoku region (98 home centers and 4 book centers) and 29 stores in the Kinki region (29 home centers), and plan to open additional stores in the Chugoku and Kinki regions.」「Openings by drugstores expanding their chain networks, large-scale commercial facilities and other home centers continue, and some areas are oversupplied with stores.」
The number of operating stores was updated to 102 in the Chugoku region and 29 in the Kinki region, while competition with drugstores, large-scale commercial facilities and other home centers, as well as oversupply of stores, continues to be identified as a risk. - FY2019RestatedAnnual report
「Within our sales area, openings by drugstores expanding their chain networks, large-scale commercial facilities and other home centers are accelerating, and some areas are oversupplied with stores. In addition, areas that are currently our dominant market areas are also becoming subject to competition due to the emergence of other stores,」
Accelerating openings by drugstores, large-scale commercial facilities and other home centers, oversupply of stores, and competition caused by other stores entering dominant market areas continue to be described as risks. - FY2017First statedAnnual report
「Competition in the home-center industry with other home centers and other retail formats has become extremely intense. Convenience-store chains expanding through multiple locations, large-scale commercial facilities and other home centers are accelerating their openings, and some regions are oversupplied with stores.」
While operating 118 stores in the Chugoku region and 30 in the Kinki region, the company states that intensifying competition with convenience stores, large-scale commercial facilities and other home centers, as well as oversupply, could affect performance.