Changes in fashion trends and intensifying competition
First written in FY2016. 18 of 23 entries say "Restated". Latest entry: 2026-10-06.
PAL GROUP Holdings moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2026: 5 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- 2026-10-06MaterialisedEarnings
「In terms of revenue, overall performance during the interim consolidated accounting period was significantly affected by temperature fluctuations, natural disasters and other factors.」
気温変動や自然災害が雑貨事業の売上推移に実際に影響したと記載している。 - FY2027-H1WorsenedAnnual report
「In terms of revenue, overall performance during the interim consolidated accounting period was significantly affected by temperature fluctuations, natural disasters and other factors.」
The report states that temperature fluctuations and natural disasters significantly affected revenue trends during the interim period, giving more specific form to demand fluctuations caused by climate and seasonal factors. - FY2026WorsenedAnnual report
「It was a year in which climate factors such as the prolonged record heat and extreme temperature fluctuations made month-to-month irregularity in personal consumption behavior particularly pronounced.」
In addition to the previous disclosure regarding shorter seasons, the prolonged record heat and extreme temperature fluctuations are described more specifically as causing irregular month-to-month consumption behavior. - FY2026-H1RestatedAnnual report
「No new business or other risks arose during the interim consolidated accounting period. There are also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」
The disclosure states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2025-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2024-Q3WorsenedAnnual report
「Rising temperatures shortened autumn, causing the apparel industry to miss opportunities to sell its products.」
The shortening of autumn due to rising temperatures is specifically described as a factor causing lost sales opportunities, giving more concrete form to the risks related to seasonal and climate change. - FY2024-Q1RestatedAnnual report
「There are no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure reconfirms that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2021-Q1RestatedAnnual report
「There are no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2020RestatedAnnual report
「In general, because fashion trends are driven by constantly changing styles, it is difficult for the fashion apparel industry to which our group belongs to eliminate the impact of trends on performance. Competition with other companies in the market targeting our primary customers, younger consumers, is fierce.」
The disclosure continues to identify changes in fashion trends and competition in the younger consumer market as risks affecting performance. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2019RestatedAnnual report
「In general, because fashion trends are driven by constantly changing styles, it is difficult for the fashion apparel industry to which our group belongs to eliminate the impact of trends on performance. Competition with other companies in the market targeting our primary customers, younger consumers, is fierce.」
The disclosure continues to identify changes in fashion trends and competition in the younger consumer market as risks affecting performance. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2019-Q2RestatedAnnual report
「There are no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including changes in fashion trends and intensifying competition. - FY2019-Q1RestatedAnnual report
「There are no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure explicitly states that there are no material changes to existing business and other risks, including fashion trends and competition. - FY2018RestatedAnnual report
「In general, because fashion trends are driven by constantly changing styles, it is difficult for the fashion apparel industry to which our group belongs to eliminate the impact of trends on performance. Competition with other companies in the market targeting our primary customers, younger consumers, is fierce.」
The disclosure continues to identify changes in fashion trends and competition in the younger consumer market as risks affecting performance. - FY2017RestatedAnnual report
「The environment surrounding the apparel industry is extremely challenging due to a loss of seasonal appeal caused by global warming, weak sales during the summer and winter sale periods, and a shift in the core customer base from young people to adults.」
The loss of seasonal appeal, weak sales during sale periods and changes in the customer base are described as continuing environmental challenges surrounding the apparel business. - FY2017-Q1RestatedAnnual report
「The environment surrounding the apparel industry to which we belong is affected by a loss of seasonal appeal caused by global warming, weak sales during the summer and winter sale periods, and a shift in the core customer base from young people to adults, among other factors.」
The disclosure specifically describes the loss of seasonal appeal, weak sales during sale periods and changes in the customer base as changes in the fashion industry's environment. - FY2016First statedAnnual report
「Because fashion trends are driven by constantly changing styles, it is difficult for the fashion apparel industry to which our group belongs to eliminate the impact of trends on performance. Competition with other companies in the market targeting our primary customers, younger consumers, is fierce.」
Changes in fashion trends and competition in the younger consumer market are identified as continuing risks affecting performance.