Risk of Domestic Market Contraction Due to the Declining Birthrate, Aging Population and Population Decline
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2026.
Yakult Honsha moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 10 of 30 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The environment surrounding the Group continues to change rapidly, including a stagnant market due to Japan's population decline and rising prices, increasingly diverse customer needs, and growing awareness of quality and environmental issues.」
In addition to the previously cited stagnant market caused by the declining birthrate, aging population and population decline, the Company explicitly mentions rising prices and describes the challenging domestic market environment. - FY2021RestatedAnnual report
「The environment surrounding the Group continues to change rapidly, including a stagnant market due to Japan's declining birthrate, aging population and population decline, increasingly diverse customer needs, and growing awareness of health and quality.」
The Company continues to identify the stagnant market caused by Japan's declining birthrate, aging population and population decline as a structural risk in its business environment. - FY2020First statedAnnual report
「The environment surrounding the Group continues to change rapidly, including a stagnant market due to Japan's declining birthrate, aging population and population decline, increasingly diverse customer needs, and growing awareness of health and quality.」
The Company explicitly identifies the stagnant market caused by Japan's declining birthrate, aging population and population decline as a new structural risk in its business environment.