Intensifying competition in the food market driven by low-price preferences and rising demand for prepared meals
First written in FY2017-Q1. 18 of 25 entries say "Restated". Latest entry: 2026-08-12.
Sagami Holdings moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 38 of 56 companies on the "Worse" side.
36 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「In addition to soaring food procurement, utility, labor and logistics costs, continued inflation has heightened consumers’ inclination to economize, and the operating environment remains challenging.」
The Company reiterates the challenging foodservice market environment caused by consumers’ increasing inclination to economize and higher costs across various categories. - FY2024-Q3RestatedAnnual report
「In the foodservice industry, customer traffic has improved due to the restoration of various events for the first time since before the COVID-19 pandemic, increased opportunities to go out, higher domestic consumption and foodservice demand following the reclassification of COVID-19 under the Infectious Diseases Control Law to Category 5, and expanding inbound consumption. At the same time, as with economic trends generally, the challenging operating environment continues, with higher food procurement, labor, utility and logistics costs and increasingly pronounced recruitment difficulties since the COVID-19 pandemic.」
The Company describes improved customer traffic driven by domestic consumption, foodservice demand and inbound consumption, while reiterating that a challenging competitive environment continues due to higher costs and recruitment difficulties. - FY2024-Q2RestatedAnnual report
「In the foodservice industry, the recovery trend strengthened, driven mainly by growth in domestic consumption and an expansion in inbound consumption. At the same time, the challenging operating environment continues as all types of costs, including food procurement, labor, utility and logistics costs, rise.」
The Company describes a recovery trend in the foodservice market driven by domestic and inbound consumption, while reiterating that the challenging environment continues due to higher food, labor, utility and logistics costs. - FY2023-Q3RestatedAnnual report
「In the foodservice industry, customer traffic showed signs of recovery, partly because the Golden Week, Obon and year-end peak seasons were the first in 3 years without operating restrictions. At the same time, higher energy and procurement costs resulting from rising raw material prices and the weaker yen affected business activities, and the challenging environment continues.」
The Company describes signs of a recovery in customer traffic following the lifting of operating restrictions, while continuing to recognize the challenging market environment caused by higher raw material, energy and procurement costs. - FY2023-Q2RestatedAnnual report
「Meanwhile, the difficult environment continues, including soaring raw material prices and utility expenses and rising labor costs due to the impact of yen depreciation and other factors.」
The Company reiterates that the challenging foodservice market environment is continuing, with raw material, utility and labor costs remaining elevated. - FY2022RestatedAnnual report
「Against a backdrop of continuing increases in raw material costs and labor costs due to tight labor supply and demand, the impact of consumers’ entrenched inclination to economize amid higher prices, and further growth in demand for prepared meals, the food market has become a battle for customers involving the retail sector, including the prepared-meal and home-cooking markets.」
The Company reiterates the challenging foodservice environment caused by competition with the prepared-meal and home-cooking markets, as well as raw material costs, labor costs and consumers’ inclination to economize. - FY2022-Q2RestatedAnnual report
「Lifestyles and consumption behavior have shifted from dining in to prepared meals such as takeout and delivery, significantly changing customer needs, while competition to acquire customers from other companies has become even more intense.」
The Company continues to describe the shift in consumption behavior toward prepared meals and intensifying competition to acquire customers from other companies. - FY2022-Q1RestatedAnnual report
「The food service industry has also faced a decline in customer numbers due to requests to refrain from going out following the reissuance of the state of emergency, requests to refrain from serving alcoholic beverages and renewed requests to shorten business hours. In addition, customer needs have changed significantly, with lifestyles and consumer behavior shifting from dining in to eating at home, including takeout and delivery, making competition with other companies to attract customers increasingly intense.」
The Company continues to describe the shift in consumption behavior from eating out to prepared meals and the challenging competition to acquire customers from other companies. - FY2021WorsenedAnnual report
「In the foodservice industry, customer needs changed significantly as customer traffic declined due to society-wide calls to refrain from going out and requests from local governments to suspend operations or shorten business hours, while lifestyles and consumption behavior shifted rapidly from dining in to prepared meals such as takeout and delivery. As a result, competition to acquire customers from other companies became even more intense.」
The Company describes declining customer traffic due to restrictions on going out and operating hours, a rapid shift from dining in to prepared meals, and further intensification of competition. - FY2021-Q3RestatedAnnual report
「Against a backdrop of changes in consumption patterns, demand for takeout and delivery remained solid, and the Company began new initiatives, including opening stores specializing in delivery.」
The Company reiterates the strength of takeout and delivery demand resulting from changes in consumption patterns and describes the opening of delivery-focused stores as a new response. - FY2021-Q2RestatedAnnual report
「At the same time, as consumers refrained from nonessential and nonurgent outings, a rapid shift from eating out to prepared meals and home cooking was observed, while demand for takeout and delivery remained solid.」
The Company reiterates its view that the rapid shift from eating out to prepared meals and home cooking continues. - FY2021-Q1WorsenedAnnual report
「At the same time, as consumers refrained from nonessential and nonurgent outings, a rapid shift from eating out to prepared meals and home cooking was observed, while demand for takeout and delivery remained solid.」
The Company states that a rapid shift from eating out to prepared meals and home cooking occurred, providing a more specific description of changes in the foodservice market environment. - FY2020-Q3RestatedAnnual report
「The food service industry continues to operate in an environment that cannot be viewed optimistically, due to rising raw material prices and logistics costs, ongoing increases in personnel-related costs, and changes in consumer preferences and lifestyles.」
The Company states that the challenging foodservice market environment, including changes in consumer preferences and lifestyles, continues. - FY2020-Q2RestatedAnnual report
「The food service industry has also faced rising labor costs due to tight labor supply and demand and soaring food ingredient prices, while competition to attract customers across industry and business-format boundaries has intensified, making the operating environment increasingly difficult.」
The Company states that the challenging market environment caused by labor costs, food prices and competition to acquire customers across industry and business-format boundaries continues. - FY2019-Q3RestatedAnnual report
「The food service industry continues to face a difficult operating environment, including rising labor costs due to tight labor supply and demand, soaring food ingredient prices, consumers’ cost-consciousness and changes in lifestyles.」
The Company states that the challenging foodservice market environment, including consumers’ inclination to economize and changes in lifestyles, continues. - FY2019-Q2RestatedAnnual report
「The food service industry has also faced rising labor costs due to tight labor supply and demand and soaring food ingredient prices, while the difficult operating environment continues due to the impact of adverse weather and other natural disasters.」
The Company reiterates its view that the challenging environment surrounding the foodservice industry continues, but provides no new specific description of consumers’ preference for lower prices or demand for prepared meals. - FY2019-Q1RestatedAnnual report
「The food service industry has also faced rising labor costs due to tight labor supply and demand and soaring food ingredient prices, while competition to attract customers across industry and business-format boundaries has intensified, making the operating environment increasingly difficult.」
The Company continues to describe intensifying competition to acquire customers across industry and business-format boundaries as a challenging environment for the foodservice market. - FY2018-Q3WorsenedAnnual report
「The food service industry has also faced soaring food ingredient prices due to adverse weather conditions and rising labor costs due to ongoing hiring difficulties, while competition to attract customers across industry and business-format boundaries has intensified, making the operating environment increasingly difficult.」
In addition to intensifying competition to acquire customers across industry and business-format boundaries, the Company states that the operating environment surrounding the foodservice industry is “becoming increasingly challenging.” - FY2018-Q2RestatedAnnual report
「Competition to acquire customers across industry and business-format boundaries is also intensifying, and the challenging operating environment continues.」
The Company describes intensifying competition to acquire customers across industry and business-format boundaries and the continuation of a challenging operating environment. - FY2017RestatedAnnual report
「Consumers’ preference for lower prices is increasing. In addition, amid further growth in demand for prepared meals due to population aging and changes in lifestyles, the food market has become a battle for customers involving the retail sector, and the challenging operating environment continues.」
The Company continues to describe the increasing preference for lower prices, further growth in demand for prepared meals and intensifying competition in the food market as a challenging environment. - FY2017-Q3WorsenedAnnual report
「In the foodservice industry, labor costs are rising due to tight labor supply and demand, and consumers’ preference for lower prices is also increasing. In addition, amid further growth in demand for prepared meals due to population aging and changes in lifestyles, the food market has become a battle for customers involving the retail sector, and the challenging operating environment continues.」
The Company states more strongly that consumers’ preference for lower prices is increasing and demand for prepared meals is rising further, highlighting the severity of competition in the food market. - FY2017-Q2WorsenedAnnual report
「The foodservice industry is also facing an ongoing challenging operating environment. Higher labor costs resulting from tight labor supply and demand, consumers’ increasingly strong preference for lower prices and rising demand for prepared meals have turned the food market into a battle for customers involving the retail sector as well.」
The description of consumers’ preference for lower prices has changed from “preference for lower prices, among other factors” in the previous quarter to “an increasing preference for lower prices,” indicating that the challenging competitive environment continues. - FY2017-Q1First statedAnnual report
「The foodservice industry is also facing an ongoing challenging operating environment. Higher labor costs resulting from tight labor supply and demand, consumers’ preference for lower prices and rising demand for prepared meals have turned the food market into a battle for customers involving the retail sector as well.」
The Company explains that competition in the food market, including the retail sector, remains intense against a backdrop of consumers’ preference for lower prices and rising demand for prepared meals.