Challenges facing volume-driven businesses due to declining domestic population
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2021.
Abc-Mart moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2023: 10 of 30 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2021WorsenedAnnual report
「Over the medium to long term, Japan's declining population and the emergence of a super-aged society could cause the footwear market to contract. If demand for footwear declines, this could affect store-opening strategies and business performance.」
The possibility of a contracting footwear market due to population decline and a super-aged society was explicitly identified, broadening the discussion from the difficulty of the traditional volume-driven business model to risks related to market size. - FY2020RestatedAnnual report
「Looking ahead at the business environment surrounding our group, we expect Japan's population decline and low birth rate and aging population to accelerate, making businesses focused solely on pursuing volume increasingly difficult.」
The view remains that declining population, a low birth rate and an aging population will make businesses focused solely on volume increasingly difficult. - FY2019RestatedAnnual report
「Looking ahead at the business environment surrounding our group, we expect Japan's population decline and low birth rate and aging population to accelerate, making businesses focused solely on pursuing volume increasingly difficult.」
The view remains that declining population, a low birth rate and an aging population will make business operations focused solely on volume increasingly difficult. - FY2018RestatedAnnual report
「Looking ahead at the business environment surrounding our group, Japan's population has begun to decline, and we expect businesses focused solely on pursuing volume to face increasingly difficult conditions.」
The view remains that a business focused solely on volume will become difficult amid Japan's declining population. - FY2017First statedAnnual report
「Looking ahead at the business environment surrounding our group, Japan's population has begun to decline, and we expect businesses focused solely on pursuing volume to face increasingly difficult conditions.」
The company indicated that, against a backdrop of Japan's declining population, business operations focused solely on store openings and sales volume would become difficult.