Komori
Renaissance (2378) · RiskWorsened

Business environment changes driven by a declining birthrate, a shrinking workforce and a super-aging society

First written in FY2016. 15 of 22 entries say "Restated". Latest entry: FY2026.

22entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2022-Q2RestatedFY2024-Q1 – FY2024-Q32016: 320162017: 320172018: 220182019: 220192020: 120202021: 120212022: 220222023: 420232024: 120242025: 120252026: 22026
Same theme, other companies

Renaissance moved to the "Worse" side of this theme in 2022.

0 other companies' latest entry also says "Worsened".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Looking ahead, although the domestic economy is expected to recover moderately, we recognize that the business environment remains uncertain due to instability in the international situation, including the situation in the Middle East, foreign exchange volatility, persistently high raw material prices, structural labor shortages and other factors.」

    In addition to the existing risks related to the international situation, resource prices and labor shortages, instability in the Middle East, foreign exchange volatility and persistently high raw material prices were cited as business environment risks.
  2. 2026-06-03WorsenedGeneral Meeting of Shareholders

    「光熱費や人件費等、各種コストの高止まりが見込まれる事業環境の中」

    光熱費・人件費等のコスト高止まりに加え、安価な無人ジムや新たな業態出店による競争環境の激化を記載し、事業環境上の圧力を示した。
  3. FY2025WorsenedAnnual report

    「The outlook is expected to remain uncertain, amid concerns about a deterioration in the global economy resulting from higher U.S. tariffs and the intensification of labor shortages, among other factors.」

    In addition to the existing factors, including prices and resource prices, the deterioration in the global economy resulting from higher U.S. tariffs and the intensification of labor shortages were cited as new sources of uncertainty.
  4. FY2024-Q3RestatedAnnual report

    「Meanwhile, the outlook remained uncertain, with some weakness in the recovery of personal consumption due to fluctuations in foreign exchange rates, higher raw-material prices and the impact of inflation.」

    Continued uncertainty about the outlook arising from foreign exchange fluctuations, higher raw-material prices, inflation and weak personal consumption was indicated.
  5. FY2024-Q2RestatedAnnual report

    「Meanwhile, the outlook remained uncertain due to higher resource prices resulting from instability in the international situation and fluctuations in foreign exchange rates.」

    Continued uncertainty about the outlook arising from the international situation, foreign exchange fluctuations and higher resource prices was identified as a business-environment risk.
  6. FY2024-Q1RestatedAnnual report

    「Meanwhile, the outlook remained uncertain due to the prolonged Russia-Ukraine situation, globally elevated resource prices and inflation caused by yen depreciation.」

    Continued uncertainty about the outlook arising from the international situation, higher resource prices, yen depreciation and inflation was indicated.
  7. FY2023WorsenedAnnual report

    「Meanwhile, the outlook is expected to remain uncertain due to further increases in energy resource and raw-material prices and the impact of inflation.」

    While expectations for the reclassification of infectious diseases and an economic recovery were indicated, further increases in energy resource and raw-material prices and inflation were identified as ongoing business-environment risks.
  8. FY2023-Q3RestatedAnnual report

    「Meanwhile, uncertainty about the outlook continued due to the prolonged Russia-Ukraine situation, higher resource and raw-material prices, and inflation resulting from yen depreciation.」

    Continued uncertainty about the outlook arising from the Russia-Ukraine situation, resource and raw-material prices, yen depreciation and inflation was indicated.
  9. FY2023-Q1WorsenedAnnual report

    「Meanwhile, the outlook for the economy remained uncertain due to the prolonged Russia-Ukraine situation, globally elevated resource prices and the rapid depreciation of the yen.」

    In addition to the existing concerns over infectious diseases, resource prices and inflation, the prolonged Russia-Ukraine situation and rapid yen depreciation were identified as factors contributing to economic uncertainty.
  10. FY2022WorsenedAnnual report

    「Regarding the impact of COVID-19, the emergence of new variants continues to make it difficult to predict when the pandemic will end. In addition, there are concerns that higher resource prices and inflation resulting from changes in the international situation could affect personal consumption, and the operating environment is expected to become increasingly challenging.」

    In addition to infectious disease variants, the impact on personal consumption of higher resource prices and inflation was identified as a new business-environment concern.
  11. FY2022-Q2RestatedAnnual report

    「Although the number of infections nationwide had declined as of the end of September, the outlook remained uncertain.」

    The business-environment recognition that the end of the infectious disease and the economic outlook remained uncertain was reaffirmed.
  12. FY2020RestatedAnnual report

    「Japan is currently experiencing population aging and a declining birthrate at a pace unparalleled anywhere in the world, and is required to take bold action in response to the crises it faces, including economic stagnation caused by population decline and rising social security burdens.」

    The recognition of population aging and a declining birthrate, population decline and rising social security burdens as challenges in the business environment has been reiterated.
  13. FY2020-Q2RestatedAnnual report

    「In Japan, a decline in the working-age population associated with the declining birthrate and rapid demographic changes have become challenges.」

    The recognition of the declining birthrate, a shrinking working-age population and demographic changes as domestic challenges was reiterated.
  14. FY2019-Q3RestatedAnnual report

    「In Japan, a decline in the working-age population associated with the declining birthrate and rapid demographic changes have become challenges.」

    The recognition of the declining birthrate, a shrinking working-age population and demographic changes as domestic challenges has been reiterated.
  15. FY2019-Q2RestatedAnnual report

    「In Japan, as population aging advances rapidly and the sustainability of social security is being questioned, the Ministry of Economy, Trade and Industry and the Japan Sports Agency are actively promoting various measures to strengthen sports and improve health, while actively promoting and strengthening various sports in preparation for the 2020 Tokyo Olympic and Paralympic Games.」

    The business-environment challenges surrounding population aging and the sustainability of social security have been reiterated.
  16. FY2019-Q1RestatedAnnual report

    「In Japan, a decline in the working-age population associated with the declining birthrate and rapid demographic changes have become challenges.」

    The recognition of the declining birthrate, a shrinking working-age population and demographic changes as domestic challenges has been reiterated.
  17. FY2018-Q1RestatedAnnual report

    「In Japan, social instability arising from rapid demographic changes, including a decline in the working-age population associated with the declining birthrate and rising social security costs in a hyper-aged society, has become a challenge.」

    The recognition of the declining birthrate and population aging, a shrinking working-age population and rising social security costs as challenges in the business environment has been reiterated.
  18. FY2017RestatedAnnual report

    「In Japan, social instability arising from rapid demographic changes, including a decline in the working-age population associated with the declining birthrate and rising social security costs in a hyper-aged society, has become a challenge.」

    The recognition of the declining birthrate and population aging, a shrinking working-age population and rising social security costs as challenges in the business environment has been reiterated.
  19. FY2017-Q3RestatedAnnual report

    「Social instability arising from rapid demographic changes, including a decline in the working-age population associated with the declining birthrate and rising social security costs in a hyper-aged society, has become a major challenge ahead of other developed countries.」

    The recognition of the declining birthrate and population aging, a shrinking working-age population and rising social security costs as challenges in the business environment has been reiterated.
  20. FY2017-Q2RestatedAnnual report

    「Social instability arising from rapid demographic changes, including a decline in the working-age population associated with the declining birthrate and rising social security costs in a hyper-aged society, has become a major challenge ahead of other developed countries.」

    The recognition of the declining birthrate and population aging, a shrinking working-age population and rising social security costs as challenges in the business environment has been reiterated.
  21. FY2017-Q1RestatedAnnual report

    「Social instability arising from rapid demographic changes, including a decline in the working-age population associated with the declining birthrate and rising social security costs in a hyper-aged society, has become a major challenge ahead of other developed countries.」

    The recognition of the declining birthrate, population aging and demographic changes as challenges in the business environment has been reiterated.
  22. FY2016First statedAnnual report

    「Social instability arising from rapid demographic changes, including a decline in the working-age population associated with the declining birthrate and rising social security costs in a hyper-aged society, has become a major challenge ahead of other developed countries.」

    While recognizing demographic changes as a challenge, the company also identifies them as an opportunity arising from demand for health services.
Moved together

"Risk of deviations from plans for new store openings and opening costs" moved the same way as this thread, in the same document, in 5 of its 22 moves.

544433★123456
  1. ★This thread
  2. 1Risk of deviations from plans for new store openings and opening costs5×
  3. 2Impact of Increased Borrowings and Rising Market Interest Rates4×
  4. 3Risk of Continued Operation and Losses at Unprofitable Clubs4×
  5. 4Rising Energy Costs Due to Soaring Crude Oil Prices4×
  6. 5Strengthening Profitability of the Sports Club Business3×
  7. 6Transition from a Single Sports Club Business to a Diversified Business Portfolio Centered on Health3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Renaissance's next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the General Meeting of Shareholders of 2026-06-03: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Business environment changes driven by a declining birthrate, a shrinking workforce and a super-aging society | RENAISSANCE,INCORPORATED (2378) | Komori