Morozoff Limited (2217) · RiskDropped
Impact of the Consumption Tax Rate Increase on Sales
First written in FY2019. 1 of 3 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2020.
3entries
2years
0from disclosures
How it moved
Same theme, other companies
Post-front-loading decline in domestic consumption and economic activity following a consumption tax rate hikeA theme 120 companies write about · 118 as a headwind · 2 as a tailwind
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
32 other companies' latest entry also says "Dropped".
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 120 companies compared. The sentences above are computed from all 120.Full recordFilings, disclosures and news, newest first
- FY2020DroppedAnnual reportThe discussion of performance for the current fiscal year in this filing does not explicitly state the impact of the consumption tax rate increase on sales.
- FY2020-Q3MaterialisedAnnual report
「Although personal consumption benefited from rush demand before the consumption tax increase, growth was weak and conditions have remained at a standstill.」
Regarding the anticipated impact on consumption before and after the consumption tax rate increase in the previous fiscal year, the filing states that rush demand occurred while growth in personal consumption was weak. - FY2019First statedAnnual report
「In terms of sales, the impact of a succession of department store closures and the consumption tax rate increase was anticipated」
The company identified the scheduled October 2019 consumption tax rate increase as a risk that could affect sales in the following fiscal year.