Intensifying Competition in the Retail Industry and New Store Openings by Competitors
First written in FY2018. 4 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 11 of 30 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Competition in the retail industry is becoming increasingly intense as new stores continue to open. If the profitability of our stores declines more than expected due to competitors opening supermarkets and stores in other formats in Okayama Prefecture, Hiroshima Prefecture and elsewhere within the areas where the Group operates, this could affect the Group’s operating results.」
The company has reaffirmed the risk of declining store profitability due to new store openings and competition across different business formats. - FY2024RestatedAnnual report
「Competition in the retail industry is becoming increasingly intense as new stores continue to open. If the profitability of our stores declines more than expected due to competitors opening supermarkets and stores in other formats in Okayama Prefecture, Hiroshima Prefecture and elsewhere within the areas where the Group operates, this could affect the Group’s operating results.」
The company continues to disclose the risk of declining store profitability due to new store openings and competition across different business formats. - FY2023RestatedAnnual report
「Competition in the retail industry is becoming increasingly intense as new stores continue to open. If the profitability of our stores declines more than expected due to competitors opening supermarkets and stores in other formats in Okayama Prefecture, Hiroshima Prefecture and elsewhere within the areas where the Group operates, this could affect the Group’s operating results.」
The company continues to disclose the risk of declining store profitability due to new store openings and competition across different business formats. - FY2022-Q1WorsenedAnnual report
「In the retail industry, differences in the impact of COVID-19 created disparities in performance among companies. In addition to adapting to changes in consumer behavior associated with the new normal, such as contactless and quick purchases, companies had to address consumers' propensity to save due to concerns about the future, further intensifying competition across industries and business formats during the pandemic.」
The company states that competition across industries and business formats has intensified further, creating disparities in corporate performance, indicating that the existing risk of intensifying competition has increased. - FY2021RestatedAnnual report
「Competition in the retail industry is becoming increasingly intense as new stores continue to open. If the profitability of our stores declines more than expected due to competitors opening supermarkets and stores in other formats in Okayama Prefecture, Hiroshima Prefecture and elsewhere within the areas where the Group operates, this could affect the Group’s operating results.」
The company continues to disclose the risk of declining store profitability due to successive new store openings and competition across different business formats. - FY2018First statedAnnual report
「Competition in the retail industry is becoming increasingly intense as new stores continue to open. If the profitability of our stores declines more than expected due to competitors opening supermarkets and stores in other formats in Okayama Prefecture, Hiroshima Prefecture and elsewhere within the areas where the Group operates, this could affect the Group’s operating results.」
The company expressly identifies intensifying competition from successive new store openings and the potential decline in store profitability due to competitors operating across different business formats as business risks.