Structural Decline in Cleaning Demand
First written in FY2016. 22 of 29 entries say "Restated". Latest entry: FY2027-H1.
0 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「As a result, demand for cleaning services continued to decline amid lifestyle changes, including the shift toward more casual businesswear. In addition, customers were seen holding back on using cleaning services as rising prices heightened awareness of household financial pressures and increased the tendency to economize. Consequently, net sales were ¥2,976.505 million, a decrease of ¥153.645 million (4.9%) from the previous interim accounting period.」
The company reaffirmed that the decline in demand resulting from the shift toward more casual businesswear, together with customers holding back on using cleaning services amid heightened awareness of household financial pressures and a stronger tendency to economize due to rising prices, were factors behind the decline in revenue during the interim accounting period. - FY2026RestatedAnnual report
「Demand for cleaning services among households has continued to decline since peaking in 1993. Going forward, the decline in demand for cleaning services is expected to continue for the time being, owing to sluggish private consumption as consumers remain focused on saving and to Japan’s declining birthrate and aging population.」
Reconfirms declining demand as a structural industry risk since 1993. - FY2024RestatedAnnual report
「In the cleaning services industry, total demand has continued to trend downward. The business environment remains challenging due to higher raw material costs and labor shortages, among other factors, and the company is required to address various issues.」
Reconfirms the view that total demand for cleaning services continues to decline and that the business environment is challenging due to higher raw material costs and labor shortages. - FY2023RestatedAnnual report
「Demand for cleaning services among households has continued to decline since peaking in 1993. Going forward, the decline in demand for cleaning services is expected to continue for the time being, owing to sluggish private consumption as consumers remain focused on saving and to Japan’s declining birthrate and aging population.」
Reconfirms the decline in demand as a long-term industry risk. - FY2022RestatedAnnual report
「Demand for cleaning services among households has continued to decline since peaking in 1993. Going forward, the decline in demand for cleaning services is expected to continue for the time being, owing to sluggish private consumption as consumers remain focused on saving and to Japan’s declining birthrate and aging population.」
The full-year risk disclosure reconfirms the long-term decline in demand for cleaning services and the sluggish demand resulting from consumers’ focus on saving and Japan’s declining birthrate and aging population. - FY2021RestatedAnnual report
「Demand for cleaning services among households has continued to decline since peaking in 1993. Going forward, the decline in demand for cleaning services is expected to continue for the time being, owing to sluggish private consumption as consumers remain focused on saving and to Japan’s declining birthrate and aging population.」
The full-year report reconfirms the view that demand for cleaning services has declined since peaking in 1993 and will continue to decline against a backdrop of consumers’ focus on saving and Japan’s declining birthrate and aging population. - FY2021-Q2RestatedAnnual report
「Against this backdrop, during the peak spring clothing-change season, the company was affected by requests to refrain from going out and working from home as measures to prevent the spread of COVID-19. The resulting decline in store visitors and substantial decrease in garments received for cleaning, particularly businesswear such as suits and dress shirts, led to a substantial decrease in net sales.」
It states that demand for cleaning services, particularly receipts of businesswear, has continued to decline. Although it also indicates a 23.8% year-on-year decrease in net sales, no new structural factor had emerged since the previous quarter, so this was treated as a reconfirmation. - FY2020WorsenedAnnual report
「The cleaning services industry has continued to operate in a challenging environment, including declining demand resulting from more casual clothing as Cool Biz has become widespread and teleworking has been encouraged under work-style reforms, efforts to address labor shortages, fewer opportunities for customers to bring garments to stores due to unsettled weather, and restrained household spending following the consumption tax increase.」
In addition to the traditional shift toward more casual clothing, it identifies the encouragement of teleworking, unsettled weather, and spending restraint following the consumption tax increase as factors behind declining demand, indicating that the factors contributing to the challenging environment have broadened. - FY2020-Q3RestatedAnnual report
「In the cleaning services industry, the challenging business environment has continued, including declining demand resulting from more casual clothing and the need to address labor shortages.」
Reconfirms the view that demand continues to decline as clothing becomes more casual, while the industry continues to address labor shortages and operate in a challenging environment. - FY2020-Q2RestatedAnnual report
「In the cleaning services industry, the challenging business environment has continued, including declining demand and the need to address labor shortages.」
Reconfirms the challenging industry environment as demand for cleaning services continues to decline. - FY2020-Q1RestatedAnnual report
「In the cleaning services industry, average household spending on cleaning services has remained sluggish, and the challenging business environment has continued.」
Reconfirms sluggish household spending on cleaning services per household and the challenging industry environment. - FY2019RestatedAnnual report
「In the cleaning services industry, total demand for cleaning services is trending downward due to the shift toward more casual business attire and fewer opportunities to wear winter clothing as a result of warmer winters.」
Reconfirms the downward trend in total demand, citing the shift toward more casual business attire and fewer opportunities to wear winter clothing due to warmer winters as factors behind the decline in demand. - FY2019-Q3RestatedAnnual report
「In the cleaning services industry, the challenging business environment has continued, with total demand trending downward and the total number of cleaning facilities also declining nationwide.」
Reconfirms the view that, in addition to the downward trend in total demand for cleaning services, the number of cleaning facilities nationwide is also declining. - FY2019-Q2RestatedAnnual report
「In the cleaning services industry, the challenging business environment has continued, with the downward trend in total demand compounded by higher labor costs due to labor shortages and increased energy costs resulting from higher crude oil prices.」
Reconfirms the view that total demand for cleaning services continues to trend downward. - FY2019-Q1RestatedAnnual report
「In the cleaning services industry, the challenging business environment has continued, with the downward trend in total demand compounded by higher wages for part-time workers due to labor shortages and increased energy costs resulting from higher crude oil prices.」
Reconfirms the view that total demand for cleaning services continues to trend downward. - FY2018RestatedAnnual report
「In the cleaning services industry, total demand is on a downward trend, affected by the shift toward more casual business attire accompanying the spread of Cool Biz. Household spending on cleaning services fell below the previous year’s level in the second half, and the challenging environment has continued, with the total number of cleaning facilities also declining nationwide.」
Reconfirms for the full year the view that total demand is declining, household spending on cleaning services is below the previous year’s level, and the number of facilities continues to fall. - FY2018-Q3WorsenedAnnual report
「In the cleaning services industry, total demand has continued to decline, affected by the shift toward more casual business attire accompanying the spread of Cool Biz. The challenging environment has continued, with the total number of cleaning facilities also declining nationwide.」
In addition to the continuing decline in demand resulting from more casual clothing, it notes that the total number of cleaning facilities nationwide has also declined, indicating the breadth of the industry’s contraction. - FY2018-Q2WorsenedAnnual report
「In the cleaning services industry, in addition to consumers’ continued focus on saving, the shift toward more casual clothing contributed to a year-on-year decline in household spending on cleaning services per household in the first half of the year, and the challenging environment has continued.」
In addition to restating the previous focus on saving and sluggish demand, it provides a more specific description of the decline in demand, noting that household spending on cleaning services per household fell year on year against the backdrop of more casual clothing. - FY2018-Q1RestatedAnnual report
「Private consumption has continued to struggle as consumers have become firmly inclined to prioritize protecting their livelihoods. In the cleaning services industry as well, customers remain strongly focused on saving, and demand has yet to recover fully.」
Reconfirms the view that consumers’ focus on protecting their livelihoods and saving continues, and that demand for cleaning services has not fully recovered. - FY2017RestatedAnnual report
「In this industry, total demand for cleaning services and household spending on cleaning services per household have remained sluggish and broadly flat. In addition, the spread of Cool Biz and the shift toward more casual clothing have led to a downward trend in the number of garments brought to stores, and the market has yet to escape its contraction.」
Reiterates the view that total demand and household spending remain sluggish, the number of garments brought in is declining, and the market continues to contract. - FY2017-Q3RestatedAnnual report
「Demand in the cleaning services industry has remained sluggish because consumers continue to focus strongly on saving, resulting in a persistently challenging business environment.」
Restates the view that consumers’ strong focus on saving is keeping demand for cleaning services sluggish. - FY2017-Q2RestatedAnnual report
「In the cleaning services industry, total demand for cleaning services had been expected to remain at the previous year’s level as consumers continued to focus on saving. However, customers’ activity was affected by unsettled weather nationwide, including an unusually high number of typhoons making direct landfall in succession in August.」
Reconfirms that consumers continue to focus on saving. Although total demand was expected to remain at the previous year’s level, this did not indicate a clear recovery in demand, so the structural demand risk was effectively treated as a restatement. - FY2017-Q1RestatedAnnual report
「In the cleaning services industry, demand has yet to recover fully because consumers remain strongly focused on saving.」
Restates that consumers continue to focus on saving and that demand for cleaning services has not fully recovered. - FY2016First statedAnnual report
「Demand for cleaning services among households has continued to decline since peaking in 1993. Going forward, the decline in demand for cleaning services is expected to continue for the time being, owing to sluggish private consumption as consumers remain focused on saving and to Japan’s declining birthrate and aging population.」
Describes declining demand as an ongoing structural risk and indicates that it may continue in the future.