Intensifying price competition driven by consumers’ preference for low prices and entry by companies from other industries
First written in FY2016. 14 of 26 entries say "Restated". Latest entry: FY2026.
Shokubun moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 12 of 21 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「However, as customer numbers did not recover, revenue for the fiscal year was ¥6,008 million, representing 99.2% of the previous fiscal year's level.」
It explains that while price increases and promotional measures were implemented, the number of customers did not recover and revenue was 99.2% of the previous fiscal year. The impact of consumers’ preference for lower prices and savings on customer numbers and revenue was reflected in the results. - FY2026-H1Decline in the number of customers and higher average unit prices due to price increasesAnnual report
「During the interim consolidated accounting period, the number of customers declined, but price increases raised average customer spending. Revenue from menu products was ¥283.3 million (102.3% year on year), while revenue from promotional products was ¥13.2 million (101.3% year on year).」
It explains that average customer spending increased as a result of price increases while the number of customers declined, and that revenue from menu and promotional products exceeded the previous year’s level. - FY2025RestatedAnnual report
「If competitors offering higher quality, lower prices or better service levels than our group’s core products emerge and the number of customers declines, this could affect our group’s business results.」
It continues to describe competition across business formats, including food supermarkets, restaurants and takeout prepared foods, and the risk of customer losses due to the emergence of competitors. - FY2024RestatedAnnual report
「If competitors offering higher quality, lower prices or better service levels than our group’s core products emerge and the number of customers declines, this could affect our group’s business results.」
It continues to describe competition across business formats, including food supermarkets, restaurants and takeout prepared foods, as well as the risk of competitors emerging with superior quality, prices or service. - FY2024-Q3MaterialisedAnnual report
「Although the number of customers during the year-end sales season exceeded the previous year’s level, revenue struggled to grow due in part to a decline in average unit prices.」
It explains that while the number of customers exceeded the previous year’s level, revenue struggled to grow because of lower average unit prices, indicating that the impact of price competition and consumers’ preference for lower prices was reflected in the results. - FY2023RestatedAnnual report
「If competitors offering higher quality, lower prices or better service levels than our group’s core products emerge and the number of customers declines, this could affect our group’s business results.」
It continues to describe competition across business formats, including prepared foods, restaurants and food supermarkets, and the risk of customer losses if competitors offering superior quality, prices or service emerge. - FY2023-Q2WorsenedAnnual report
「Even in the food home-delivery industry in which our group operates, a difficult business environment is expected to continue, against a backdrop including consumers’ increasingly savings-oriented mindset due to successive price increases.」
It indicates that consumers are becoming more savings-oriented against a backdrop of successive price increases, and expects the difficult business environment in the food home-delivery industry to continue. - FY2022-Q3RestatedAnnual report
「The food home-delivery industry has remained firm due to changes in consumers’ lifestyles and increased demand for takeout and delivery resulting from the COVID-19 pandemic, while competition across business formats has intensified as restaurant companies and individual restaurants enter the takeout market.」
It continues to indicate that the market is firm against a backdrop of increased demand for takeout and delivery, while competition across business formats is intensifying as restaurant companies and individual restaurants enter the market. - FY2022-Q2WorsenedAnnual report
「Food home-delivery services had been increasing in importance year after year in response to social needs such as the declining birthrate and aging population and the growing participation of women in society. They then attracted widespread attention during the COVID-19 pandemic, and competition continues to intensify not only with companies from other industries but also among different business formats, with significant changes expected in the environment surrounding the food home-delivery industry.」
It states that competition is intensifying not only with companies from other industries but also among different business formats, indicating that the competitive environment in the food home-delivery industry is expected to become more challenging. - FY2022-Q1WorsenedAnnual report
「Meanwhile, new entrants into food delivery are increasing, and various forms of services are expected to become competitors in the future, leading to significant changes in the environment surrounding the food home-delivery industry.」
It indicates that new entrants into food delivery are increasing and that various forms of services are expected to become competitors. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no material changes to existing business and other risks, including consumers’ preference for lower prices and intensifying competition across industries and business formats. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to existing business and other risks, including consumers’ preference for lower prices and intensifying competition across industries and business formats. - FY2020-Q3RestatedAnnual report
「However, competition in our group’s food home-delivery business is intense across industries and business formats, and difficult conditions continue.」
It continues to recognize intensifying competition in food home delivery across industries and business formats, together with a difficult business environment. - FY2019MaterialisedAnnual report
「Net sales were ¥7.104 billion, down ¥866 million from the previous fiscal year. This was due to continued growth in consumers' cost-consciousness in the market and the effects of closing the Tokyo branch and discontinuing corporate sales.」
It explains that the continuation of consumers’ savings-oriented mindset, together with the closure of the Tokyo branch and discontinuation of corporate sales, was reflected in the results as a factor behind the ¥86.6 million decline in revenue. - FY2019-Q3RestatedAnnual report
「Competition in our group’s food home-delivery business is also intense across industries and business formats, and difficult conditions continue.」
It continues to indicate intensifying competition in the food home-delivery business across industries and business formats, as well as a difficult business environment. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no material changes to existing business and other risks, including price competition driven by consumers’ preference for lower prices and savings. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to existing business and other risks, including consumers’ preference for lower prices and price competition. - FY2018MaterialisedAnnual report
「Revenue was ¥797.0 million, down ¥82.1 million from the previous fiscal year. This was due to the continued increase in consumers’ savings-oriented mindset in the market and the impact of closing the Tokyo branch.」
It explains that the continuation of consumers’ savings-oriented mindset, together with the closure of the Tokyo branch, was reflected in the results as a factor behind the decline in revenue. - FY2018-Q3RestatedAnnual report
「During the third quarter, Japan’s economy showed signs of a moderate recovery overall, supported by improvements in corporate earnings and employment conditions. Meanwhile, personal consumption remained restrained, and consumers’ preference for low-priced products and saving strengthened. As a result, the operating environment remained uncertain, including because of intensifying price competition.」
It continues to recognize consumers’ preference for lower prices and savings and intensifying price competition, but indicates no material additional change from the previous quarter. - FY2018-Q2WorsenedAnnual report
「Personal consumption remains restrained, and consumers’ preference for low-priced products and saving is strengthening. As a result, the operating environment remains uncertain, including because of intensifying price competition.」
The strengthening of consumers’ preference for lower prices and savings, together with intensifying price competition, continues to be cited, indicating that awareness of risks in the competitive environment has not weakened. - FY2018-Q1MaterialisedAnnual report
「Personal consumption remained weak, while expectations for high-value-added products grew alongside a stronger preference for low-priced products and saving. As a result, the group’s sales were materially affected by intensifying price competition.」
It explains that intensified price competition against a backdrop of consumers’ preference for lower prices and savings affected revenue in the first quarter. - FY2017MaterialisedAnnual report
「Revenue was ¥879.1 million, down ¥10.3 million from the previous fiscal year. This was due to intensified price competition as consumers continued to adopt a more savings-oriented mindset in the market.」
It explains that intensified price competition driven by consumers’ savings-oriented mindset was reflected in the results as a factor behind the ¥10.3 million decline in revenue. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no material changes to existing risks, including price competition arising from consumers’ preference for lower prices and entry by companies from other industries into the home-delivery business. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no material changes to existing risks, including price competition arising from consumers’ preference for lower prices and entry by companies from other industries into the home-delivery business. - FY2017-Q1RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the business and other risks described in the previous fiscal year, including consumers’ preference for lower prices and intensifying competition. - FY2016First statedAnnual report
「Revenue was ¥889.5 million, down ¥23.1 million from the previous fiscal year. This was due to intensified price competition resulting from consumers’ preference for lower prices and the entry of companies from other industries into the home-delivery business.」
The results indicate that preference for lower prices and intensifying competition were factors behind the decline in revenue to 97.5% of the previous fiscal year.