Morozoff Limited (2217) · RiskDropped
Sales of Valentine’s Day and chocolate products sluggish due to a cold wave
First written in FY2019-Q1. 1 of 3 entries say "Restated". Latest entry: FY2020.
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Valentine’s Shopping Season and Chocolate Demand Slump Caused by a Cold WaveA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2020DroppedAnnual reportThe explanation of results for the current fiscal year in this filing does not specifically mention the sluggish Valentine’s sales campaign or chocolate sales due to a cold spell.
- FY2019-Q2RestatedAnnual report
「In addition to the impact of department store closures, the February Valentine’s season was somewhat weak due to the cold wave and other factors,」
The difficulties faced by the Valentine’s sales campaign due to a cold spell continue to be described in the explanation of results for the cumulative second quarter period. - FY2019-Q1First statedAnnual report
「As for net sales, in addition to the impact of department store closures, sales in the February Valentine’s season were somewhat weak due to the cold wave and other factors. As a result, net sales for the first quarter cumulative period were ¥8,070 million, down 2.0% year on year.」
The Company has for the first time stated in its first-quarter results that the February Valentine’s sales campaign struggled due to a cold spell and that chocolate sales were sluggish. Company-wide sales were ¥8,070 million, down 2.0% year on year, showing together with the figures that the risk had materialized.