Sluggish Sales of Summer Products Due to a Prolonged Rainy Season and Low Temperatures
First written in FY2020-Q2. 2 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2019: 20 of 42 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual reportThis filing does not explicitly identify weak sales of summer products or Western-style confectionery due to a prolonged rainy season, torrential rain or other factors as a standalone factor.
- FY2021-Q2RestatedAnnual report
「Custard pudding, seasonal pudding and the semi-fresh confectionery Broadland struggled amid the spread of the novel coronavirus and the effects of adverse weather conditions, including a prolonged rainy season and torrential rain, resulting in net sales below the same period of the previous year.」
The impact of adverse weather conditions, including a prolonged rainy season and torrential rain, on weak sales of Western-style confectionery has been reconfirmed. - FY2020RestatedAnnual report
「Due to unsettled weather, including the prolonged rainy season from June onward and a succession of major typhoons making landfall, summer products such as “Freeze and Make Sherbet” performed poorly, resulting in net sales below the previous fiscal year.」
The impact of the risk of weak summer-product sales due to the prolonged rainy season and major typhoons has been reconfirmed based on full-year results. - FY2020-Q3WorsenedAnnual report
「For dry confectionery, the Company sought to generate sales of baked confectionery through initiatives including the opening of new stores under a new brand inspired by Fayage. However, summer products, including “Freeze into a Sorbet,” performed poorly because of adverse weather conditions, including the prolonged rainy season from June onward and the successive landfalls of major typhoons, resulting in net sales below the same period of the previous year.」
In addition to the previous prolonged rainy season and low temperatures, successive landfalls of major typhoons are cited as factors behind weak summer-product sales, broadening the factors contributing to the sales risk from adverse weather conditions. - FY2020-Q2First statedAnnual report
「The company worked to generate sales of baked goods through new store openings, including a new brand store inspired by Feuillage. However, summer products, including "Freeze into Sherbet," performed sluggishly because of abnormal weather through July, including a prolonged rainy season and low temperatures, resulting in sales below those of the same period of the previous fiscal year.」
Weak sales of summer products caused by adverse weather conditions, including a prolonged rainy season and low temperatures, have been identified for the first time as a standalone risk theme affecting results during the cumulative second-quarter period.