Domestic market contraction caused by declining birthrates, population aging and population decline
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2023.
Megmilk Snow Brand moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 10 of 30 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「Japan’s population is on a declining trend as the birth rate falls and the population ages, and the markets targeted by our Group have been shrinking. In addition, a sharp economic downturn or soaring prices could cause the market to shrink due to declining consumer willingness to spend.」
In addition to market contraction resulting from population decline, the falling birth rate and aging population, it adds the possibility that an economic downturn and soaring prices could reduce consumer willingness to spend. - FY2021RestatedAnnual report
「Japan’s population is on a declining trend as the birth rate falls and the population ages, and the markets targeted by our Group have been shrinking.」
It continues to recognize Japan’s population decline, falling birth rate and aging population, and the shrinking livestock market as ongoing market risks, while describing responses through high-value-added products and overseas cheese development. - FY2020-Q3RestatedAnnual report
「As the population declines and ages, household composition is changing and consumers’ values are diversifying as lifestyles change. While more products emphasizing functionality are being introduced, products emphasizing low prices are also appearing, creating new products and markets that address diverse demand.」
It continues to describe domestic market conditions characterized by population decline and aging, changes in household composition and lifestyles, and the coexistence of products emphasizing functionality and those emphasizing low prices. - FY2020-Q2RestatedAnnual report
「As the population declines and ages, household composition is changing and consumers’ values are diversifying as lifestyles change. While more products emphasizing functionality are being introduced, products emphasizing low prices are also appearing, creating new products and markets that address diverse demand.」
It continues to recognize population decline and aging, together with changes in household composition and lifestyles, as domestic market conditions. - FY2020-Q1RestatedAnnual report
「As the population declines and ages, household composition is changing and consumers’ values are diversifying as lifestyles change. While more products emphasizing functionality are being introduced, products emphasizing low prices are also appearing, creating new products and markets that address diverse demand.」
It continues to recognize population decline and aging, together with changes in household composition and lifestyles, as domestic market conditions. - FY2019RestatedAnnual report
「In Japan, consumers’ lifestyles and values are becoming more diverse due to the declining birth rate and aging population, as well as the increase in single-person and dual-income households.」
It continues to recognize the declining birth rate and aging population, population decline, and changes in household composition and lifestyles as domestic market conditions. - FY2017RestatedAnnual report
「Japan’s population is on a declining trend as the birth rate falls and the population ages, and the markets targeted by our Group have been shrinking.」
It continues to identify the shrinking target market resulting from Japan’s declining population, falling birth rate and aging population as a major risk. - FY2016First statedAnnual report
「Japan’s population is on a declining trend as the birth rate falls and the population ages, and the markets targeted by our Group have been shrinking.」
It describes the structural situation of an already shrinking domestic market as a factor that could adversely affect performance.