Disappearance of inbound demand and restrictions on domestic consumer activity due to the spread of COVID-19

「Sales of cosmetics, skincare products and laundry detergent were strong as opportunities to go out increased and inbound demand recovered.」

「During the cumulative second quarter, the Japanese economy entered a gradual recovery trend as social and economic activity normalized further following COVID-19's reclassification as a Category 5 infectious disease.」

「During the cumulative first quarter, the Japanese economy entered a gradual recovery trend as social and economic activity normalized on the assumption that society would coexist with COVID-19.」

「With the easing of restrictions on activity related to COVID-19 and its reclassification under the Infectious Diseases Control Law as a Category 5 infectious disease, social and economic activity showed signs of recovery and entered a gradual recovery trend.」

「The situation became difficult, partly due to the decline in demand for COVID-19 infection-control products and stay-at-home products.」

「In the general consumer goods distribution industry, in which our business is primarily involved, some cosmetics and medicines, such as tonic drinks, performed well as opportunities to go out increased while living with COVID-19. In addition, demand for cold remedies, antipyretic analgesics, and cough suppressants and expectorants to relieve symptoms such as fever increased as the number of infections rose, and overall demand remained firm.」

「The general consumer goods distribution industry, in which our business is primarily involved, entered a new phase of living with COVID-19, and some pharmaceuticals, including cosmetics and tonic drinks, showed signs of recovery as opportunities to go out increased.」

「For some cosmetics and OTC medicines, demand remained affected by the decline during the COVID-19 pandemic, but consumer lifestyles had changed from the early stages of the pandemic, and the market was slightly above the previous year's level.」

「In the general consumer goods distribution industry, in which our business is primarily involved, some infection-control products saw a reaction to the prior year's special demand, but consumer awareness of hygiene remained high and demand stayed firm. For some cosmetics and OTC medicines, demand remained affected by reduced opportunities to go out, but consumer lifestyles had changed from the early stages of COVID-19 and the market gradually began to recover.」

「For some cosmetics and OTC medicines, the impact of the disappearance of inbound demand had subsided, but demand remained affected by reduced opportunities to go out and did not rise substantially above the previous year. On the other hand, in addition to special demand for antipyretic analgesics to address adverse reactions to COVID-19 vaccines, demand for high-function products for comfortable living at home and pet-related products increased as people spent more time at home. Overall demand therefore remained firm.」

「In the general consumer goods distribution industry, in which the company's business is primarily engaged, some infection-control products saw a reactionary decline following the special demand of the previous year. Although the impact of the loss of inbound demand for some cosmetics and OTC drugs had run its course, difficult conditions continued due to fewer opportunities to go out and other factors, and sales did not exceed the previous year by a substantial margin. At the same time, there was special demand for antipyretic analgesics to address side effects of COVID-19 vaccines, while demand for high-function products for comfortable living at home and pet-related products increased as people spent more time at home. Overall demand therefore remained firm.」

「In the general consumer goods distribution industry, in which the company's business is primarily engaged, the business was affected by a decline in inbound demand caused by the spread of COVID-19 and sluggish personal consumption of some cosmetics and OTC drugs. At the same time, demand for infection-control products such as masks and disinfectant and hygiene products, as well as products associated with stay-at-home consumption, continued to remain firm due to new lifestyles and changes in consumption patterns.」

「In the general consumer goods distribution industry, in which the company's business is primarily engaged, the business was affected by a decline in inbound demand caused by the spread of COVID-19 and sluggish personal consumption of some cosmetics and OTC drugs. At the same time, demand for infection-control products such as masks and disinfectant and hygiene products, as well as products associated with stay-at-home consumption, continued to remain firm due to new lifestyles and changes in consumption patterns.」

「In the general consumer goods distribution industry, in which the company's business is primarily engaged, the business was affected by a decline in inbound demand caused by the spread of COVID-19 and sluggish personal consumption of some cosmetics and OTC drugs. At the same time, demand for infection-control products such as masks and disinfectant and hygiene products, as well as products associated with stay-at-home consumption, continued to remain firm due to new lifestyles and changes in consumption patterns.」

「In the general consumer goods distribution industry, in which the company's business is primarily engaged, the business was affected by a decline in inbound demand caused by the spread of COVID-19 and sluggish personal consumption of some cosmetics and OTC drugs. At the same time, demand for infection-control products such as masks and disinfectant and hygiene products, as well as products associated with stay-at-home consumption, remained firm due to new lifestyles and changes in consumption patterns.」

「In the general consumer goods distribution industry, in which the company's business is primarily engaged, the business was affected not only by the consumption tax increase but also by the subsequent loss of inbound demand caused by the spread of COVID-19, sluggish personal consumption due to restrictions on going out, and a sharp increase in demand for infection-control products such as masks and disinfectant and hygiene products. These products were temporarily unavailable in stores as consumers increasingly stocked up.」

「The consumer goods distribution industry, which is central to our business, was affected not only by the consumption tax increase but also by the subsequent disappearance of inbound demand and restrictions on domestic consumer activity resulting from the spread of COVID-19.」