Decline in private consumption following a consumption tax rate increase
First written in FY2020-Q2. 11 of 12 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any 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 change in the existing risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company stated that there had been no material change in the existing risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2024-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company stated that there had been no material change in the existing risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company stated that there had been no material change in the existing risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company stated that there had been no material change in the existing risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2023-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company stated that there had been no material change in the risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant 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 change in the risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2022-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant 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 change in the risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant 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 change in the risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, no new business or other risks arose. In addition, there were no significant 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 change in the risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant 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 change in the risk relating to the pullback in personal consumption following the consumption tax rate increase. - FY2020-Q2First statedAnnual report
「On the domestic demand front, personal consumption remains weak overall because a pullback in spending has been seen following the consumption tax rate increase.」
A pullback in personal consumption following the consumption tax rate increase was cited as one factor contributing to the weak underlying trend in the domestic economy.