Intensifying competition in the home improvement retail industry, including entrants from other industries
First written in FY2018-Q3. 10 of 17 entries say "Restated". Latest entry: FY2026.
Arclands moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 21 of 39 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Competition is expected to intensify further as these competitors make additional market entries and pursue low-price strategies, which could adversely affect our group's business results and financial condition.」
The risk of intensifying competition from new market entries and low-price strategies continues to be described. The response comprises product initiatives, store development focused on regional characteristics, new services, specialty-store operations, and revitalization of existing stores. - FY2025RestatedAnnual report
「Competition is expected to intensify further as these competitors make additional market entries and pursue low-price strategies, which could adversely affect our group's business results and financial condition.」
The risk of intensifying competition from new market entries and low-price strategies continues to be described, while declining consumption due to e-commerce market expansion and population decline is also cited as a risk. - FY2025-H1WorsenedAnnual report
「In the retail industry, while employment and income conditions are improving, rising prices and soaring energy costs are heightening consumers' focus on protecting their household finances, making consumption more cautious. In addition, rising labor and logistics costs, as well as intensifying competition from online shopping and other business formats, are creating a challenging environment for the industry as a whole.」
In addition to intensifying competition from other industries and online businesses, rising labor and logistics costs and more cautious consumer behavior due to higher prices have broadened the factors contributing to the challenging environment in the home improvement retail industry. - FY2024RestatedAnnual report
「Competition is expected to intensify further as these competitors make additional market entries and pursue low-price strategies, which could adversely affect our group's business results and financial condition.」
The risk of intensifying competition from new market entries and competitors' low-price strategies continues to be explicitly identified in the annual report. - FY2022WorsenedAnnual report
「Competition is expected to intensify further as these competitors make additional market entries and pursue low-price strategies, which could adversely affect our group's business results and financial condition. In addition, changes in economic conditions, including declining consumption due to economic fluctuations and population decline and reduced store visit frequency as the e-commerce market expands, could adversely affect our group's business results and financial condition.」
In addition to the traditional intensification of competition from other industries, new market entries, competitors' low-price strategies, and reduced store visit frequency due to e-commerce market expansion were identified as specific risks. - FY2021WorsenedAnnual report
「Competition, including from other business formats, is expected to intensify further. As industry restructuring progresses, only companies in the leading group or companies supported by consumers, including those spanning different business formats, are expected to survive.」
Competition is described as intensifying "further," and industry restructuring involving other business formats and the resulting survival dynamic are explicitly identified. - FY2021-Q1WorsenedAnnual report
「Since 2000, growth in the home improvement retail market has remained flat, while the number of stores has continued to increase. In recent years, competition with businesses in other industries, including GMS retailers, drugstores, discount stores, 100-yen shops, low-priced interior and furniture specialty stores, and online shopping sites, has also intensified.」
In addition to the structure of a flat-growing home improvement retail market with an increasing number of stores, specific competitors such as GMS retailers, drugstores, and online shopping sites were listed, providing a more detailed picture of the competitive environment. - FY2020RestatedAnnual report
「In the home-improvement retail sector, the main business of our group, difficult conditions continue owing to intensifying competition across industry and business-format boundaries, continued consumer thrift, and a record warm winter.」
Intensifying competition, including from other industries, continues to be described as competition transcending industry and business-format boundaries. - FY2020-Q3RestatedAnnual report
「The post-tax-increase reaction and intensifying competition, including from other industries, are creating a challenging environment that remains in place.」
Although the post-consumption-tax-increase reaction has become a new environmental factor, intensifying competition, including from other industries, and the challenging industry environment continue to be described. - FY2020-Q2RestatedAnnual report
「In the home-improvement retail sector, the main business of our group, difficult operating conditions continue owing to more cautious consumer sentiment ahead of the consumption tax rate increase and intensifying sales competition, including competition from other industries.」
Although consumers have become more cautious ahead of the consumption tax rate increase, intensifying sales competition, including from other industries, and the challenging environment continue to be described. - FY2020-Q1RestatedAnnual report
「Competition in the home-improvement retail sector, the main business of our group, has intensified, including competition from other industries, and difficult conditions continue.」
The intensifying competition, including from other industries, and challenging business environment in the home improvement retail industry continue to be explicitly identified. - FY2019WorsenedAnnual report
「Considering the home improvement retail industry, our group's core business, consumers have a strong sense of fulfilment from purchasing goods, and the anticipated population decline means that the industry as a whole is not considered to be in an environment conducive to significant growth. This is expected to intensify the survival-of-the-fittest competition among companies, and the industry is thought to be entering an environment in which restructuring across industry boundaries has become unavoidable.」
Amid continuing intensification of competition, the annual report details consumer satisfaction with purchasing goods, population decline, sluggish market growth, and restructuring and淘汰 across industry boundaries as specific issues. - FY2019-Q3RestatedAnnual report
「Although some regions benefited from demand related to disaster recovery, competition, including from other industries, has intensified in the home improvement retail industry, the core business of our group, and the business environment remains challenging.」
While mentioning disaster-recovery demand in some regions, the report continues to explicitly identify intensifying competition, including from other industries, and the challenging environment in the home improvement retail industry. - FY2018RestatedAnnual report
「The home improvement retail industry, the core business of our group, continues to face intensifying competition, including from companies in other industries, and the business environment remains challenging.」
The annual report continues to explicitly identify intensifying competition, including from other industries, and the challenging environment in the home improvement retail industry. - FY2018-Q3First statedAnnual report
「In the home improvement retail industry, the Group's main business, competition including from companies in other sectors has intensified, and the business environment remains challenging.」
The intensifying competition, including from companies in other sectors, and the challenging business environment in the home improvement retail industry are disclosed explicitly for the first time.