Risk of Market Contraction and Declining Demand Due to Domestic Economic Conditions, Population Aging and a Declining Birthrate
First written in FY2016. 12 of 18 entries say "Restated". Latest entry: FY2026.
Kadoya Sesame Mills moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 10 of 30 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Japan is also experiencing a declining birthrate and an aging population. If the population continues to decline, product sales volumes may decrease as the market contracts, and it may become difficult to secure the human resources regarded as the foundation for further corporate growth.」
In addition to the existing risks of declining domestic demand and market contraction, the difficulty of securing human resources due to population decline has been explicitly identified, expanding the scope of the risks. - FY2025-H1RestatedAnnual report
「In the food industry, price increases have continued against the backdrop of persistently high raw material prices and a trend toward yen depreciation, leading consumers to maintain a cost-conscious stance. Meanwhile, the restaurant industry was showing signs of recovery due to improving consumer sentiment toward dining out and inbound demand.」
While price increases driven by higher raw material costs and yen depreciation and consumers' cost-conscious stance continue, the restaurant industry is also reported to be showing signs of recovery. - FY2024-Q3RestatedAnnual report
「In the food industry, price increases have continued against the backdrop of soaring raw material prices and a trend toward yen depreciation, leading consumers to adopt a more cost-conscious stance. Meanwhile, the restaurant industry was showing signs of recovery due to improving consumer sentiment toward dining out and the recovery in inbound demand.」
While price increases driven by higher raw material costs and yen depreciation and consumers' cost-conscious stance continue, the restaurant industry is also reported to be showing signs of recovery. - FY2024-Q1WorsenedAnnual report
「In the food industry, price increases have continued since last year against the backdrop of soaring raw material prices and a trend toward yen depreciation. This has led consumers to adopt a more cost-conscious stance.」
Price increases driven by higher raw material costs and yen depreciation have continued, leading consumers to adopt a more cost-conscious stance, indicating a worsening domestic demand environment. - FY2023WorsenedAnnual report
「In addition, rising prices for essential goods and utility costs resulting from these factors, as well as periods of increasing COVID-19 infections, became factors that depressed personal consumption.」
Rising prices for essential goods and utility costs and increasing infections are cited as factors depressing personal consumption, indicating the challenging domestic demand environment. - FY2023-Q3WorsenedAnnual report
「In addition, rising prices for essential goods and utility costs resulting from these factors, as well as periods of increasing COVID-19 infections, became factors that depressed personal consumption.」
Rising prices for essential goods and utility costs and increasing infections are cited as factors depressing personal consumption, indicating a challenging domestic demand environment. - FY2020-Q3RestatedAnnual report
「In the food industry, as population decline makes expansion of the domestic market difficult, measures are required to secure market share through differentiation, develop overseas markets, create new added value, and continuously ensure safety.」
The view that population decline makes expansion of the domestic market difficult and the need to respond through differentiation, overseas market development, added-value creation, and ensuring safety continue to be indicated. - FY2020-Q2RestatedAnnual report
「In the food industry, as population decline makes expansion of the domestic market difficult, measures are required to secure market share through differentiation, develop overseas markets, create new added value, and continuously ensure safety.」
The difficulty of expanding the domestic market due to population decline and the need to respond through differentiation, overseas market development, added-value creation, and ensuring safety continue to be indicated. - FY2020-Q1RestatedAnnual report
「In the food industry, as population decline makes expansion of the domestic market difficult, measures are required to secure market share through differentiation, develop overseas markets, create new added value, and continuously ensure safety.」
The difficulty of expanding the domestic market due to population decline and the need to respond through product differentiation, overseas market development, added-value creation, and ensuring safety continue to be indicated. - FY2019-Q1RestatedAnnual report
「In the food industry, as population decline makes expansion of the domestic market difficult, measures are required to secure market share through differentiation, develop overseas markets, create new added value, and continually ensure food safety.」
The difficulty of expanding the domestic market due to population decline and the need to respond through product differentiation, overseas market development, added-value creation, and ensuring food safety continue to be indicated. - FY2018RestatedAnnual report
「In the food industry, competition with rival manufacturers is expected to intensify due to unstable raw material prices, declining domestic demand resulting from the declining birthrate and aging population, and other factors.」
Unstable raw material prices, declining domestic demand resulting from the declining birthrate and aging population, and intensifying competition continue to be identified as risks in the domestic market. - FY2018-Q2RestatedAnnual report
「In the food industry, expansion of the domestic market cannot be expected, and measures are required to secure market share by differentiating products through ensuring food safety and responding to customer needs, as well as to develop markets through overseas expansion.」
The view that expansion of the domestic market is difficult to expect and the need to respond through product differentiation and overseas expansion continue to be indicated. - FY2018-Q1RestatedAnnual report
「In the food industry, expansion of the domestic market cannot be expected, and measures are required to secure market share by differentiating products through ensuring food safety and responding to customer needs, as well as to develop markets through overseas expansion.」
The view that expansion of the domestic market is difficult to expect and the need to respond through product differentiation and overseas expansion continue to be indicated. - FY2017RestatedAnnual report
「In the food industry, competition with rival manufacturers is expected to intensify due to unstable raw material prices, declining domestic demand resulting from the declining birthrate and aging population, and other factors.」
Unstable raw material prices, declining domestic demand resulting from the declining birthrate and aging population, and intensifying competition continue to be identified as risks in the domestic market. - FY2017-Q3RestatedAnnual report
「In the food industry, as price increases were implemented due to soaring raw material costs and other factors, consumer sentiment toward food cannot be described as firm, and the challenging business environment is expected to persist.」
The weakness in consumer sentiment toward food accompanying price increases and the challenging environment in the domestic food market continue to be indicated. - FY2017-Q2RestatedAnnual report
「In the food industry, as price increases were implemented due to soaring raw material costs and other factors, consumer sentiment toward food cannot be described as firm, deflationary trends continue, and the challenging business environment is expected to persist.」
The weakness in consumer sentiment accompanying price increases and deflationary trends continue to be indicated. - FY2017-Q1WorsenedAnnual report
「As price increases were implemented due to soaring raw material costs and other factors, consumer sentiment toward food cannot be described as firm, deflationary trends continue, and the challenging business environment is expected to persist.」
The weakness in consumer sentiment accompanying price increases and the continuation of deflationary trends in the domestic food market are consistently indicated. - FY2016First statedAnnual report
「Japan's declining birthrate and aging population are progressing, and if the population continues to decline, demand could fall, shrinking the market and reducing sales volumes of the Company's products.」
The development of high-value-added products and growth in export sales are described as countermeasures.