Seasonal fluctuations in performance driven by demand for thermal socks
First written in FY2017-Q1. 22 of 26 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Because the Group's core products are socks designed to provide warmth, sales tend to be concentrated in the second half (September to February) rather than the first half (March to August).」
The Group continues to disclose the seasonal fluctuations, with sales concentrated in the second half because of the product characteristics of socks designed to provide warmth. - FY2026-H1RestatedAnnual report
「Because the Group's core products are socks designed to provide warmth, sales tend to be concentrated in the second half (September to February) rather than the first half (March to August).」
The Group continues to disclose the seasonal fluctuations, with sales concentrated in the second half because of the product characteristics of socks designed to provide warmth. - FY2025-H1RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2025-Q1RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first half, including the first quarter, and revenue in the second half, resulting in seasonal fluctuations in performance between the first and second halves. In addition, the first quarter (March to May) is a period in which revenue is generally higher than in the second quarter (June to August).」
The Group continues to explain the seasonal fluctuations between the first and second halves arising from the product characteristics of thermal socks, as well as the higher revenue level in the first quarter than in the second quarter. - FY2024-Q3RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2023-Q2RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2023-Q1RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2022Impact of closures in the first half and recovery in the second halfAnnual report
「During the autumn/winter selling season, restrictions on daily activities were gradually eased following the lifting of the state of emergency in October, and signs of a recovery emerged in store sales. Although sales were affected from January onward in areas subject to priority preventive measures, performance in the second half showed a recovery trend.」
While first-half sales were challenging because of store closures and other effects during the spring/summer period caused by the infectious disease, second-half performance, particularly for autumn/winter products, showed signs of recovery after restrictions on daily activities were eased. - FY2022-Q3RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The Group continues to disclose the seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth. - FY2022-Q2RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The Group continues to disclose the seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth. - FY2022-Q1RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first half, including the first quarter, and revenue in the second half, resulting in seasonal fluctuations in performance between the first and second halves.」
The Group continues to disclose the seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth. - FY2021-Q3RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2021-Q2RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2020Full-year sales were weak due to the tax increase, mild winter and COVID-19Annual report
「During the autumn/winter selling season, the Group offered a sharply differentiated product assortment, including an expanded range of colored tights. However, sales were weak because of the significant impact of the consumption tax increase and mild winter, compounded by the effects of the novel coronavirus, which began to emerge toward the end of the fiscal year. Full-year revenue fell below the previous year.」
In addition to seasonality centered on thermal products, the consumption tax increase, mild winter and the impact of the novel coronavirus at the end of the fiscal year combined to weaken full-year sales. - FY2020-Q3RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2020-Q1RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first half, including the first quarter, and revenue in the second half, resulting in seasonal fluctuations in performance between the first and second halves. In addition, revenue is generally higher in the first quarter (March to May) than in the second quarter (June to August).」
The Group continues to explain the seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth, as well as the higher revenue level in the first quarter than in the second quarter. - FY2019Weak performance of thermal products due to the mild winter, while staple products remained solidAnnual report
「During the autumn/winter selling season, the Group worked to strengthen the presentation of color assortments in winter products, led by premium tights. However, thermal products performed poorly because of the mild winter, while leggings and staple socks, including crew-length and ankle-length styles, continued to perform solidly.」
In addition to seasonality, thermal products performed poorly during the fiscal year because of the mild winter, while leggings and staple socks remained solid. - FY2019-Q3RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2019-Q1RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first half, including the first quarter, and revenue in the second half, resulting in seasonal fluctuations in performance between the first and second halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2018RestatedAnnual report
「During the autumn/winter selling season, temperatures remained lower than usual from an early stage, and the Group responded quickly with products suited to the season and proceeded to revitalize specialty stores by carefully selecting their product assortments. As a result, premium tights, staple products and wool products sold well, and revenue remained solid.」
The recovery in demand for autumn/winter and thermal products as temperatures fell, and the impact of seasonal product offerings on revenue, were also evident for the full year. - FY2018-Q2RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of thermal socks are reiterated. - FY2018-Q1RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first half, including the first quarter, and revenue in the second half, resulting in seasonal fluctuations in performance between the first and second halves. In addition, revenue is generally higher in the first quarter (March to May) than in the second quarter (June to August).」
The Group explains that, in addition to the seasonal fluctuations between the first and second halves arising from the product characteristics of thermal socks, revenue is generally higher in the first quarter than in the second quarter. - FY2017RestatedAnnual report
「From November, when temperatures fell, sales of tights, the largest category of winter products, began to recover, and autumn/winter products such as wool products and turnover socks sold well. However, this was not enough to make up for the decline in the first half.」
While demand for winter products recovered from November onward because of the seasonality of thermal socks and other products, the weak first half could not be offset for the full year. - FY2017-Q3RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth continue to be disclosed. - FY2017-Q2RestatedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first and second halves of the consolidated fiscal year, resulting in seasonal fluctuations in performance between the two halves.」
The seasonal fluctuations between the first and second halves arising from the product characteristics of socks designed to provide warmth are reiterated. - FY2017-Q1First statedAnnual report
「Because the Group's products are socks designed to provide warmth, a larger proportion of sales is generated in the second half (September to February) than in the first half (March to August). Accordingly, there is a significant difference between revenue in the first half, including the first quarter, and revenue in the second half, resulting in seasonal fluctuations in performance between the first and second halves.」
The Group explains that, because of the characteristics of its products, a higher proportion of sales is generated in the second half than in the first half, resulting in seasonal fluctuations in performance between the two halves.