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Honeys Holdings (2792) · RiskMaterialised

Weather-Related Fluctuations in Apparel Demand

First written in FY2016. 31 of 35 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-09-29.

35entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018-Q1 – FY2023-Q2MaterialisedFY2024-Q1 – 2026-09-292016: 22017: 320172018: 420182019: 320192020: 420202021: 420212022: 420222023: 320232024: 320242025: 120252026: 42026
Same theme, other companies
Sales volatility in fashion products due to seasonality and climateA theme 40 companies write about · 44 as a headwind · 0 as a tailwind

Honeys Holdings moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).

The whole theme swung hardest in 2024: 22 of 30 companies on the "Worse" side.

21 other companies' latest entry also says "Materialised".

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.
Showing 14 of the 40 companies compared. The sentences above are computed from all 40.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-29MaterialisedEarnings

    「また、天候不順の影響もあり、季節商品の販売は伸び悩みました。」

    天候不順が季節商品の販売および売上高に実際に影響した。
  2. FY2026MaterialisedAnnual report

    「Although reviewing retail prices to more affordable levels had some effect in improving the number of items purchased, customers remained strongly inclined to save and customer traffic struggled to grow. The prolonged summer through mid-October helped clear summer merchandise, but temperature patterns, including shorter spring and autumn seasons, frequently affected sales. Regular-price sales of autumn merchandise struggled, while inventory adjustments for spring merchandise in the second half were the main factor behind the year-on-year decline in net sales.」

    Changes in temperatures, including the prolonged summer and shorter spring and autumn seasons, actually affected the sales timing of seasonal merchandise, autumn sales and inventory adjustments.
  3. FY2025-H1MaterialisedAnnual report

    「Net sales increased year on year. There were many days of high temperatures, and summer merchandise, particularly items using functional materials, performed well. Sales of late-summer merchandise designed for the lingering summer heat were also strong. Autumn and winter merchandise was affected by temperature fluctuations, but sales increased as the company adjusted merchandise displays to temperatures, provided products in line with customer demand, and regularly improved product quality and reviewed prices for appropriateness.」

    Higher temperatures contributed to strong performance by summer and late-summer merchandise, while autumn and winter merchandise was affected by temperature fluctuations. Weather-related fluctuations in apparel demand actually occurred.
  4. FY2024MaterialisedAnnual report

    「In the women's specialty apparel retail industry, the operating environment remained challenging due to higher procurement costs resulting from rising raw material prices and the continued depreciation of the yen, as well as weather factors.」

    Weather factors are specifically cited, along with higher procurement costs, as an actual contributor to the challenging environment in the women's apparel industry during the year.
  5. FY2024-Q3MaterialisedAnnual report

    「Net sales increased year on year as summer merchandise performed well due to the recovery in demand for going out and higher temperatures. Although the start of sales of autumn merchandise was delayed by the lingering summer heat, autumn and winter merchandise also performed steadily as temperatures fell, and progress was broadly in line with plan.」

    High temperatures, the lingering summer heat and the subsequent decline in temperatures actually affected sales of summer, autumn, and autumn/winter merchandise, with weather-related fluctuations in demand described.
  6. FY2024-Q2MaterialisedAnnual report

    「In the second quarter (September-November), the start of sales of autumn merchandise was soft partly because of record nationwide heat, but revenue increased as sales of autumn and winter merchandise progressed with the decline in temperatures.」

    The company explained that record heat actually delayed the start of sales of autumn merchandise, while falling temperatures subsequently led to progress in sales of autumn and winter merchandise.
  7. FY2024-Q1MaterialisedAnnual report

    「Net sales increased as summer merchandise, in particular, performed well amid higher temperatures and greater consumer interest in going out for regional events and summer holidays.」

    Higher temperatures actually affected sales by supporting strong performance by summer merchandise. Weather-related fluctuations in apparel demand were favorable.
  8. FY2023RestatedAnnual report

    「Sales of the apparel and miscellaneous goods handled by the group are susceptible to fluctuations caused by unpredictable changes in weather conditions, including abnormal weather such as cool summers and mild winters, as well as increasingly severe and frequent natural disasters. Such changes may affect the group's business performance.」

    The company continues to describe the risk of fluctuations in apparel demand and sales caused by abnormal weather and natural disasters.
  9. FY2023-Q2MaterialisedAnnual report

    「Net sales increased as demand for going out recovered and sales grew, although there were weather factors including extremely hot days, localized heavy rain and typhoons, and the impact of the seventh wave of COVID-19 was less severe than previously despite its spread.」

    Extremely hot days, localized heavy rain and typhoons actually occurred, while net sales increased 14.2% year on year due to the recovery in demand for going out.
  10. FY2023-Q1MaterialisedAnnual report

    「Net sales increased as summer merchandise, particularly, performed well in line with temperatures, despite the spread of the seventh wave of COVID-19 and weather factors including extremely hot days and localized heavy rain. The absence of restrictions on activities also contributed.」

    Extremely hot days and localized heavy rain are listed as actual weather factors. Revenue increased because there were no restrictions on activities and summer merchandise performed well.
  11. FY2022WorsenedAnnual report

    「Sales of the apparel and miscellaneous goods handled by the group are susceptible to fluctuations caused by unpredictable changes in weather conditions, including abnormal weather such as cool summers and mild winters, as well as increasingly severe and frequent natural disasters. Such changes may affect the group's business performance.」

    The scope of the wording has been expanded from risks such as cool summers, mild winters and typhoons to weather-related risks including increasingly severe and frequent natural disasters.
  12. FY2022-Q3MaterialisedAnnual report

    「Net sales declined in the first half due to the nationwide spread and subsequent contraction of COVID-19, including the Delta variant, and high temperatures in early autumn. In the third quarter, sales increased despite the impact of the rapid spread of the new Omicron variant, as the impact of the infection diminished, customer traffic recovered, and winter merchandise performed well as temperatures fell.」

    The company explained that high temperatures in early autumn contributed to the decline in first-half revenue, while falling temperatures led to strong performance by winter merchandise.
  13. FY2022-Q2MaterialisedAnnual report

    「Net sales got off to a strong start due in part to the early end of the rainy season and rising temperatures, but declined as unstable conditions continued, including the nationwide spread and subsiding of COVID-19, particularly the Delta variant, and high temperatures in early autumn.」

    The company explained that weather factors, including high temperatures in early autumn, affected sales together with the course of the infection and contributed to the decline in revenue.
  14. FY2022-Q1MaterialisedAnnual report

    「In contrast, revenue declined in August as the nationwide spread of COVID-19 led to significant restrictions on customer traffic, including entry restrictions at large commercial facilities, with greater curbs on the movement of people required than in the previous year. The decline was also affected by falling temperatures in mid-August and unsettled weather.」

    The company explained that falling temperatures and unsettled weather in August actually affected customer traffic and the decline in revenue.
  15. FY2021MaterialisedAnnual report

    「Net sales in the first half were broadly in line with the same period of the previous year. This was despite the impact of the resurgence of COVID-19 and unsettled weather, as regular-price sales in June and October, when infections had subsided, were strong.」

    The company explained that the resurgence of the infection and unsettled weather actually affected first-half sales, while regular-price sales in certain months provided support.
  16. FY2021-Q3MaterialisedAnnual report

    「The women's specialty apparel retail industry to which the Group belongs was among the industries most heavily affected by COVID-19, along with the food service and travel industries. Although there was a temporary recovery in June after the lifting of the state of emergency, conditions remained generally weak due to the resurgence of infections and unsettled weather.」

    The resurgence of the infection and unsettled weather actually affected demand for women's apparel, and the industry remained soft, according to the company.
  17. FY2021-Q2MaterialisedAnnual report

    「Thereafter, performance was generally soft due to the resurgence of COVID-19 and unsettled weather.」

    The resurgence of the infection and unsettled weather actually affected apparel demand, and industry sales and customer traffic remained soft, according to the company.
  18. FY2021-Q1MaterialisedAnnual report

    「Thereafter, performance was generally soft due to the resurgence of COVID-19, the July 2020 torrential rains, prolonged rain and low temperatures, and the heatwave in August.」

    The company explained that weather factors, including the July 2020 torrential rains, prolonged rain and low temperatures, and the August heatwave, actually affected demand for women's apparel during the quarter.
  19. FY2020MaterialisedAnnual report

    「Net sales remained firm through the third quarter despite the stagnation in consumer sentiment caused by the consumption tax increase and the effects of the mild winter, but declined in the fourth quarter due to the closure of commercial facilities and other measures associated with the spread of COVID-19.」

    The mild winter affected consumer spending and sales, while the closure of commercial facilities due to COVID-19 was an actual factor behind the decline in revenue.
  20. FY2020-Q3MaterialisedAnnual report

    「The women's apparel specialty-store industry to which the Group belongs was significantly affected by an exceptionally warm winter, as well as by a series of natural disasters.」

    The Group states that an exceptionally warm winter and natural disasters actually affected apparel demand and the industry environment.
  21. FY2020-Q2MaterialisedAnnual report

    「The women's apparel specialty-store industry to which the Group belongs continued to face a challenging operating environment due in part to unfavourable weather and typhoons.」

    The Group states that unfavourable weather and typhoons actually affected apparel demand and the industry environment during the current period.
  22. FY2020-Q1MaterialisedAnnual report

    「In the women's apparel specialty-store industry to which the Group belongs, business remained sluggish through mid-July due to low temperatures and prolonged rain, but began to recover after the rainy season ended.」

    The Group explains that low temperatures and prolonged rain actually affected women's apparel demand and the industry environment during the current quarter.
  23. FY2019-Q3MaterialisedAnnual report

    「The women's specialty apparel retail industry to which the Group belongs continued to face difficult conditions due to natural disasters such as the torrential rains in western Japan and the heatwave in July, as well as a trend toward warmer winters during the peak selling period for winter clothing.」

    Weather factors, including torrential rain, extreme heat and the trend toward warm winters, are identified as actual factors affecting apparel demand and the industry environment during the current period.
  24. FY2019-Q2MaterialisedAnnual report

    「The women's specialty apparel retail industry to which the Group belongs continued to face difficult conditions, as the torrential rains in western Japan, the heatwave in July and the Hokkaido Eastern Iburi earthquake affected customer traffic.」

    Weather events and natural disasters, including torrential rain in western Japan, extreme heat and the Hokkaido Eastern Iburi Earthquake, actually affected customer traffic.
  25. FY2019-Q1MaterialisedAnnual report

    「Regarding sales, customer traffic in Japan was adversely affected by torrential rain in western Japan and numerous typhoons.」

    The Group explains that torrential rain in western Japan and typhoons actually affected customer traffic.
  26. FY2018MaterialisedAnnual report

    「The women's specialty apparel retail industry to which the Group belongs continued to face difficult conditions due to the expansion of e-commerce and the resale market, as well as the effects of unstable weather, including prolonged rains and unseasonably low temperatures.」

    The Group states that unstable weather, including prolonged rain and unseasonably low temperatures, actually affected women's apparel demand and the industry environment during the current year.
  27. FY2018-Q3MaterialisedAnnual report

    「Although customer traffic was affected by unstable weather and other factors, revenue exceeded the previous year and earnings increased as a result of strengthening full-price sales through timely product launches.」

    The Group states that unstable weather actually affected customer traffic.
  28. FY2018-Q2MaterialisedAnnual report

    「The women's specialty apparel retail industry to which the Group belongs continued to face difficult conditions amid a sustained decline in propensity to consume, particularly among younger people, as well as record-long summer rains, low temperatures and two typhoons affecting weekends in October.」

    Record-long rain, low temperatures and typhoons over weekends are identified as actual factors affecting women's apparel demand during the current period.
  29. FY2018-Q1MaterialisedAnnual report

    「In the women's apparel specialty-store industry to which the Group belongs, weather conditions were relatively favourable in June and July, and sales of high-summer merchandise remained strong, but low temperatures and prolonged rain, mainly in northern and eastern Japan, affected customer traffic in August.」

    The Group states that low temperatures and prolonged rain in August actually affected customer traffic.
  30. FY2017RestatedAnnual report

    「Sales of the apparel and miscellaneous goods handled by the Group are susceptible to fluctuations caused by abnormal weather, such as cool summers and warm winters, as well as unforeseeable changes in weather conditions, including typhoons, which could affect the Group's performance.」

    The Group continues to identify the risks of fluctuations in apparel demand and sales caused by unfavourable weather and typhoons.
  31. FY2017-Q2MaterialisedAnnual report

    「The women's specialty apparel retail industry to which the Group belongs continued to face a difficult operating environment due to unsettled summer weather and lower disposable income associated with increased social security burdens.」

    Unfavourable summer weather is identified as an actual factor affecting the industry environment during the current period.
  32. FY2017-Q1MaterialisedAnnual report

    「Weather conditions were relatively favourable in June and July, and sales of high-summer merchandise remained strong, but repeated typhoon landfalls in August affected customer traffic.」

    Repeated typhoon landfalls actually affected customer traffic.
  33. FY2016First statedAnnual report

    「Sales of the apparel and miscellaneous goods handled by the Group are susceptible to fluctuations caused by abnormal weather, such as cool summers and warm winters, as well as unforeseeable changes in weather conditions, including typhoons, which could affect the Group's performance.」

    The Group identifies weather dependence as an external risk affecting sales of apparel and miscellaneous goods.
Moved together

"Company-wide revenue decline and decrease in operating profit" moved the same way as this thread, in the same document, in 15 of its 35 moves.

1514131099★123456
  1. ★This thread
  2. 1Company-wide revenue decline and decrease in operating profit15×
  3. 2Sluggish Consumer Spending and Weak Demand for Women’s Clothing14×
  4. 3Gross Margin Improvement and Expense Reduction13×
  5. 4Foreign-exchange fluctuations and derivative valuation losses10×
  6. 5Regional performance gap, with revenue growth in Japan and a sharp decline in China9×
  7. 6Reliance on Overseas Suppliers, Foreign Exchange and Conditions in Major Producing Countries9×

★ 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
No upcoming earnings preview for Honeys Holdings yet. It last moved in the Earnings of 2026-09-29: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Weather-Related Fluctuations in Apparel Demand | HONEYS HOLDINGS CO.,LTD. (2792) | Komori