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Morinaga Milk Industry (2264) · RiskRestated

Stagnation in the Domestic Market Due to the Declining Birthrate, Population Aging and Population Decline

First written in FY2016. 15 of 16 entries say "Restated". Latest entry: FY2021-Q3.

16entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2021-Q32016: 320162017: 420172018: 420182019: 220192020: 220202021: 1
Same theme, other companies
Domestic market contraction due to declining birth rates, population aging and population declineA theme 64 companies write about · 63 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2023: 10 of 30 companies on the "Worse" side.

38 other companies' latest entry also says "Restated".

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 64 companies compared. The sentences above are computed from all 64.
Full recordFilings, disclosures and news, newest first
  1. FY2021-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that management recognizes could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  2. FY2020RestatedAnnual report

    「During the period, major changes in the business environment continued, including heightened uncertainty in the domestic and overseas economies, an unusually cool summer, frequent natural disasters, changes in consumer sentiment following the consumption tax rate increase, and the global spread of COVID-19 during the fourth quarter.」

    The company continues to recognize changes in the business environment, including structural challenges in the domestic market.
  3. FY2020-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  4. FY2020-Q2RestatedAnnual report

    「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  5. FY2019-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  6. FY2019-Q2RestatedAnnual report

    「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  7. FY2019-Q1RestatedAnnual report

    「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  8. FY2018RestatedAnnual report

    「Going forward, amid changes in the environment surrounding the group, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline, as well as increasingly diverse customer needs,」

    The company continues to identify stagnation in the domestic market due to the declining birthrate, an aging population and population decline as a business-environment risk.
  9. FY2018-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  10. FY2018-Q2RestatedAnnual report

    「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  11. FY2018-Q1RestatedAnnual report

    「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  12. FY2017RestatedAnnual report

    「Going forward, amid changes in the environment surrounding the group, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline, as well as increasingly diverse customer needs,」

    The company continues to identify stagnation in the domestic market due to the declining birthrate, an aging population and population decline as a challenge in the business environment.
  13. FY2017-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to, or newly emerging, existing risks, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline.
  14. FY2017-Q2RestatedAnnual report

    「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company treats stagnation in the domestic market due to the declining birthrate, an aging population and population decline as involving no significant changes.
  15. FY2017-Q1RestatedAnnual report

    「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    The company states that there have been no significant changes to existing business-environment risks.
  16. FY2016First statedAnnual report

    「Amid changes in the environment surrounding the group, including stagnation in the domestic market due to the declining birthrate, an aging population and population decline, as well as increasingly diverse customer needs,」

    The structural stagnation of the domestic market is identified as a business-environment risk.
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Stagnation in the Domestic Market Due to the Declining Birthrate, Population Aging and Population Decline | MORINAGA MILK INDUSTRY CO.,LTD. (2264) | Komori