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Key Coffee Inc (2594) · RiskMaterialisedLatest Earnings (2026-07-31): "Mitigated"

Risk of Declining Demand for Discretionary Products Due to Economic Weakness and Weaker Personal Consumption

First written in FY2017-Q1. 18 of 31 entries say "Restated". Latest entry: 2026-07-31.

31entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2020-Q3MitigatedFY2024-Q1 – FY2025-H12016: 220162017: 420172018: 320182019: 320192020: 320202021: 420212022: 420222023: 220232024: 220242025: 220252026: 22026
Same theme, other companies
Decline in Domestic Beverage Demand Driven by Economic Conditions, Tax Hikes and Demographic TrendsA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

Key Coffee Inc moved to the "Worse" side of this theme in 2020.

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

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. FY2026-H1MaterialisedAnnual report

    「In the coffee industry, domestic green coffee bean imports and consumption declined from the previous year.」

    Domestic green coffee bean imports and consumption fell below the previous year, with the risk of declining demand emerging in actual market data.
  2. FY2025RestatedAnnual report

    「In the coffee industry, domestic green coffee bean imports and consumption were at approximately the same levels as the previous year.」

    Domestic green coffee bean imports and consumption were broadly unchanged from the previous year, with no new development indicating that the risk of declining demand had been materially mitigated.
  3. FY2025-H1MitigatedAnnual report

    「In the coffee industry, both domestic green coffee bean imports and consumption increased from the previous year.」

    Domestic green coffee bean imports and consumption exceeded the previous year, partly mitigating the risk of declining demand.
  4. FY2024MitigatedAnnual report

    「In the coffee industry, domestic coffee consumption fell below the previous year, but consumption in the out-of-home market continued to grow as the lifting of COVID-19 restrictions increased foot traffic and inbound tourism recovered. Consumption in the at-home market remained at the same level as the previous consolidated fiscal year despite retail price increases.」

    Overall domestic consumption fell below the previous year, but the out-of-home market grew as foot traffic and inbound tourism recovered, while the at-home market remained at the previous-year level, partly mitigating the risk of declining demand.
  5. FY2024-Q1MitigatedAnnual report

    「In the coffee industry, consumption in the out-of-home market continued to grow as the lifting of COVID-19 restrictions increased foot traffic and inbound tourism recovered. Consumption in the at-home market was also on par with the same period of the previous year, despite the retail price increases implemented last autumn.」

    Consumption in the out-of-home market grew as restrictions were lifted and inbound tourism recovered, while the at-home market remained at the same level as the previous year, partly mitigating the risk of declining demand.
  6. FY2023-Q3RestatedAnnual report

    「In the coffee industry, consumption in the food-service market increased year on year as restrictions on activities related to COVID-19 were eased, while consumption in the household market declined slightly due to slower stay-at-home consumption and the impact of price increases at retail outlets by manufacturers.」

    The demand structure continues to be characterized by recovering food-service demand, while household demand declines slightly due to slower stay-at-home consumption and higher retail prices.
  7. FY2023-Q2RestatedAnnual report

    「In the coffee industry, consumption in the food-service market increased year on year as restrictions on activities related to COVID-19 were eased. Meanwhile, consumption in the household market declined slightly due to slower stay-at-home consumption as opportunities to go out increased, as well as the impact of price increases at retail outlets by manufacturers.」

    The demand environment remains bifurcated, with food-service demand increasing as restrictions on activities are eased while household demand declines slightly due to slower stay-at-home consumption and higher retail prices.
  8. FY2023-Q1ReframedAnnual report

    「In the coffee industry, consumption in the food-service market increased as various requests to refrain from activities related to measures to prevent COVID-19 were eased. Meanwhile, consumption in the household market slowed due to lower stay-at-home demand as opportunities to go out increased, as well as the impact of price increases at retail outlets by manufacturers.」

    The demand structure has changed from one in which household demand supported the market while food-service demand remained weak to one in which food-service demand is recovering while household demand is slowing.
  9. FY2022RestatedAnnual report

    「In the coffee industry, consumption in the household market remained firm as stay-at-home demand continued amid changes in lifestyles. Consumption in the food-service market was recovering following the easing of restrictions on activities in October of the previous year, but became sluggish from the beginning of the year as people increasingly refrained from activities due to the rapid spread of COVID-19.」

    The disclosure describes a bifurcated demand environment in which household demand remained firm, while food-service demand became sluggish after a temporary recovery as infectious disease spread again.
  10. FY2022-Q3MitigatedAnnual report

    「In the coffee industry, consumption in the household market remained firm, supported by continued stay-at-home demand. Consumption in the food-service market had remained sluggish due to the prolonged continuation of various requests to refrain from activities related to measures to prevent the spread of infectious disease, but has been gradually recovering as restrictions on activities have been eased.」

    Household demand remained firm, while the previously sluggish food-service market gradually recovered as restrictions on activities were eased.
  11. FY2022-Q2RestatedAnnual report

    「In the coffee industry, consumption in the household market continued to be supported by stay-at-home demand, while consumption in the food-service market remained sluggish due to the prolonged continuation of various requests to refrain from activities related to measures to prevent the spread of infectious disease. The market has yet to recover to pre-COVID-19 levels.」

    The disclosure continues to describe a demand environment supported by household demand, while food-service demand remains weak and its recovery is delayed due to measures against infectious disease.
  12. FY2022-Q1RestatedAnnual report

    「In the coffee industry, consumption in the household market continued to be supported by stay-at-home demand, while consumption in the food-service market was gradually recovering but remained in a challenging environment due to various requests to refrain from activities related to measures to prevent the spread of infectious disease.」

    The demand environment continues to be characterized by household demand providing support while food-service demand remains weak due to measures against infectious disease.
  13. FY2021WorsenedAnnual report

    「In the coffee industry, consumption in the household market increased as stay-at-home demand continued, while consumption in the food-service market declined substantially as food-service demand fell due to various requests to refrain from activities related to measures to prevent the spread of infectious disease and the disappearance of inbound demand.」

    The decline in the food-service market caused by infectious disease, requests to refrain from activities and the disappearance of inbound demand continued throughout the year and could not be offset by growth in household demand.
  14. FY2021-Q3MaterialisedAnnual report

    「In the coffee industry, food-service demand declined and consumption in the food-service market fell substantially due to various requests to refrain from activities related to measures to prevent the spread of infectious disease and the disappearance of inbound demand. Meanwhile, consumption in the household market increased as stay-at-home consumption grew.」

    The disclosure describes a clear divergence: consumption in the food-service market actually declined substantially due to measures against infectious disease and the disappearance of inbound demand, while the household market expanded.
  15. FY2021-Q2MaterialisedAnnual report

    「In the coffee industry, prolonged closures, reduced operating hours and the disappearance of inbound demand, particularly in the food-service and accommodation industries, resulting from requests to refrain from activities as part of measures to prevent the spread of infectious disease caused a substantial decline in consumption in the food-service market. Meanwhile, consumption in the household market increased as people refrained from going out.」

    The spread of infectious disease and requests to refrain from going out caused a substantial actual decline in consumption in the food-service market, and growth in the household market has continued to be insufficient to offset the downturn in the food-service market.
  16. FY2020MaterialisedAnnual report

    「In the household market, sales increased as requests to refrain from going out expanded at-home consumption. However, this was not enough to offset the decline in sales in the food-service market, and the challenging operating environment continued.」

    The spread of COVID-19 and requests to refrain from going out caused an actual decline in sales in the food-service market, which could not be offset by growth in the household market.
  17. FY2020-Q3RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  18. FY2020-Q2RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues.
  19. FY2020-Q1RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  20. FY2019-Q3RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  21. FY2019-Q2RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  22. FY2018RestatedAnnual report

    「The economic outlook is expected to remain uncertain, as consumers continue to have a strong preference for saving.」

    The view that consumers' preference for saving and weak spending sentiment are making the demand environment uncertain continues to be maintained.
  23. FY2018-Q3RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  24. FY2018-Q2RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  25. FY2018-Q1RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  26. FY2017RestatedAnnual report

    「The economic outlook is expected to remain uncertain, including because consumers remain cautious about spending, leading to stagnant personal consumption.」

    The view that stagnant personal consumption and consumers' preference for saving are making the demand environment uncertain continues to be maintained.
  27. FY2017-Q3RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  28. FY2017-Q2RestatedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    The risk of lower demand for discretionary goods due to economic stagnation and weaker personal consumption continues to be disclosed.
  29. FY2017-Q1First statedAnnual report

    「A stagnant economy and declining personal consumption would lead to lower spending on discretionary goods such as coffee.」

    This indicates that weak economic conditions and personal consumption could reduce coffee demand.
Moved together

"Improving Food Service Business Profitability by Rationalizing Unprofitable Stores" moved the same way as this thread, in the same document, in 9 of its 31 moves.

987555★123456
  1. ★This thread
  2. 1Improving Food Service Business Profitability by Rationalizing Unprofitable Stores9×
  3. 2Strengthening Profitability8×
  4. 3Impact of the spread of COVID-19 on business activities and results7×
  5. 4Risk of Higher Procurement Costs Due to International Green Coffee Bean Prices and Foreign Exchange Movements5×
  6. 5Transformation of Business Approach, Creation of New Categories and New Business Areas5×
  7. 6Emphasis on the Ordinary Profit Margin on Sales and Building an Earnings Structure through Higher Value-Added Products and Efficiency5×

★ 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
Key Coffee Inc's next results are scheduled for 2026-10-29. Read the earnings preview It last moved in the Earnings of 2026-07-31: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of Declining Demand for Discretionary Products Due to Economic Weakness and Weaker Personal Consumption | KEY COFFEE INC (2594) | Komori