Risk of declining demand due to declining birthrates and weakening Shichi-Go-San traditions
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To mitigate this risk and increase the number of coming-of-age photography sessions, we are developing the “ふりホ” service, which offers furisode kimono rentals in addition to pre-event photography, and promoting baby photography, including shrine visits and 100-day celebrations.」
Continues to promote “ふりホ” and baby photography as measures to expand substitute demand in response to declining demand due to the weakening of the Shichi-Go-San tradition and other factors. - FY2021MitigatedAnnual report
「To mitigate this risk and increase the number of coming-of-age photography sessions, we are developing “ふりホ,” a new service offering furisode kimono rentals in addition to pre-event photography, and promoting baby photography, including shrine visits and 100-day celebrations.」
In response to declining demand due to the weakening of the Shichi-Go-San tradition, identifies “ふりホ” and baby photography as measures to expand substitute demand. - FY2019RestatedAnnual report
「Although a major and extreme change in parents’ feelings toward their children is unlikely amid the declining birth rate, the possibility cannot be ruled out that this tradition may weaken in the future as social values and attitudes toward children change.」
Continues to disclose the risk that the Shichi-Go-San tradition may weaken due to the declining birth rate and changing values. - FY2018RestatedAnnual report
「Although a major and extreme change in parents’ feelings toward their children is unlikely amid the declining birth rate, the possibility cannot be ruled out that this tradition may weaken in the future as social values and attitudes toward children change.」
Continues to disclose the risk that the Shichi-Go-San tradition may weaken due to the declining birth rate and changing values. - FY2016First statedAnnual report
「Although a major and extreme change in parents’ feelings toward their children is unlikely amid the declining birth rate, the possibility cannot be ruled out that this tradition may weaken in the future as social values and attitudes toward children change. If this occurs, it would have a significant impact on our business performance.」
States that the Shichi-Go-San tradition could weaken due to the declining birth rate and changing social values, affecting business performance.