Komori
Ministop (9946) · RiskWorsened

Industry Restructuring and Intensifying Competition in the Food Market

First written in FY2017-Q1. 11 of 18 entries say "Restated". Latest entry: FY2026.

18entries
11years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2018-Q2WorsenedFY2019 – FY2020RestatedFY2021-Q2 – FY2022-Q32016: 220162017: 420172018: 220182019: 320192020: 320202021: 220212022: 120222023: 020232024: 020242025: 020252026: 12026
Same theme, other companies

Ministop moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).

The whole theme swung hardest in 2026: 21 of 39 companies on the "Worse" side.

21 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 72 companies compared. The sentences above are computed from all 72.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Amid soaring labour costs, a growing preference for saving, and competition from drugstores and discount retailers, there is a risk that consolidated results will fall below the initial plan if innovation in products and services or improvements in store operating standards are delayed.」

    In addition to conventional competition among the same and different retail formats, the company explicitly identified competition from drugstores and discount retailers, specifying the competitive environment in greater detail.
  2. FY2022-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company stated that there had been no material changes to existing business and other risks, including industry consolidation and competition among different retail formats.
  3. FY2022-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no material changes to existing business and other risks, including industry consolidation and competition among different retail formats.
  4. FY2021-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company stated that there had been no material changes to existing business and other risks, including industry consolidation and competition among different retail formats.
  5. FY2021-Q2RestatedAnnual report

    「Ministop Inc. alone continued to face a difficult operating environment, affected by intensifying competition among the same and different retail formats, soaring labour and raw material costs, and labour shortages.」

    The company continued to describe competition among the same and different retail formats, higher labour and raw material costs, and labour shortages as difficult operating conditions.
  6. FY2020WorsenedAnnual report

    「The Group competes not only with convenience stores but also with food supermarkets with extended operating hours, fast-food businesses, family restaurants, and prepared-food retailers.」

    The company specified the scope of competition by listing food supermarkets, fast-food businesses, family restaurants, and prepared-food retailers, in addition to convenience stores, as competitors.
  7. FY2020-Q3WorsenedAnnual report

    「However, as competition among convenience stores and other retail formats intensified in Japan, each company strengthened its new initiatives, further intensifying competition to attract customers.」

    The company explicitly identified, in addition to intensifying competition among the same and different retail formats, intensifying competition to attract customers as companies strengthened their initiatives.
  8. FY2020-Q1WorsenedAnnual report

    「However, amid intensifying competition among the same and different retail formats, soaring labour and raw material costs, and labour shortages, customer numbers continued to decline.」

    The company noted the continued decline in customer numbers, in addition to intensifying competition, higher labour and raw material costs, and labour shortages.
  9. FY2019WorsenedAnnual report

    「In the retail industry, difficult conditions continued against a backdrop of labour shortages resulting from the prolonged economic recovery, intensifying competition among the same and different retail formats, and soaring labour and raw material costs.」

    In addition to intensifying competition, the company explicitly identified labour shortages and soaring labour and raw material costs as difficult business conditions.
  10. FY2019-Q3RestatedAnnual report

    「In the retail industry, difficult conditions continued amid intensifying competition among different retail formats and growing labour shortages resulting from the prolonged economic recovery.」

    The company continued to describe intensifying competition among different retail formats and growing labour shortages as difficult conditions in the retail industry.
  11. FY2019-Q2RestatedAnnual report

    「In the retail industry, difficult conditions continued amid intensifying competition among different retail formats and growing labour shortages resulting from the prolonged economic recovery.」

    The company continued to describe intensifying competition among different retail formats as a difficult business environment.
  12. FY2019-Q1WorsenedAnnual report

    「The environment surrounding convenience stores remained difficult, due to declining tobacco sales following a decrease in the smoking population, declining newspaper and book sales amid the diversification of information channels, intensifying competition in the food market with other retail formats, and the expansion of the e-commerce market.」

    The company explicitly identified intensifying competition in the food market, competition with other retail formats, and the expansion of the e-commerce market, broadening the scope of the competitive environment.
  13. FY2018-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no material changes to existing business and other risks, including industry consolidation and intensifying competition.
  14. FY2018-Q1RestatedAnnual report

    「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company stated that there had been no material changes to existing business and other risks, including industry consolidation and intensifying competition.
  15. FY2017RestatedAnnual report

    「In the retail industry, difficult conditions continued amid industry consolidation and intensifying competition among different retail formats.」

    In addition to industry consolidation, the company reiterated intensifying competition among different retail formats as a difficult external condition.
  16. FY2017-Q3RestatedAnnual report

    「In the retail industry, difficult conditions continued amid industry consolidation and intensifying competition in the food market.」

    The company continued to describe industry consolidation and intensifying competition in the food market as difficult external conditions.
  17. FY2017-Q2RestatedAnnual report

    「In the retail industry, difficult conditions continued amid industry consolidation and intensifying competition in the food market.」

    The company reiterated industry consolidation and intensifying competition in the food market as continuing external conditions.
  18. FY2017-Q1First statedAnnual report

    「In the retail industry, difficult conditions continued amid industry consolidation and intensifying competition in the food market.」

    The company identified consolidation in the retail industry and intensifying competition in the food market as continuing external business risks.
Moved together

"Improving domestic store profitability and expanding chain scale" moved the same way as this thread, in the same document, in 6 of its 18 moves.

643222★123456
  1. ★This thread
  2. 1Improving domestic store profitability and expanding chain scale6×
  3. 2Year-on-year decline in consolidated earnings4×
  4. 3Increasing the Mix of High-Margin Products and Improving Margins3×
  5. 4Impact of Unseasonable Weather on Product Demand and Operating Revenue2×
  6. 5Twice-yearly dividends balancing financial strengthening and internal investment2×
  7. 6Worsening staffing environment2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Ministop yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Industry Restructuring and Intensifying Competition in the Food Market | MINISTOP CO.,LTD. (9946) | Komori