Structural Changes in Consumer Behavior Following COVID-19 and Misalignment with the High-Value-Added Strategy
First written in FY2023. 3 of 5 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024DroppedAnnual reportThe standalone list of business and other risks for the current fiscal year contains no item concerning a mismatch between post-pandemic consumer behaviour and the high-value-added strategy.
- FY2024-Q3RestatedAnnual report
「Demand for and behaviour of consumers and visitors to Japan regarding dining out still require further assessment, and the future business environment remains uncertain. The environment surrounding the Group is therefore expected to continue to be difficult to predict.」
The Company continues to recognise that demand and behaviour among consumers and visitors to Japan remain uncertain following the pandemic and that the business environment needs to be assessed. - FY2024-Q2RestatedAnnual report
「Demand for and behaviour of consumers and visitors to Japan regarding dining out still require further assessment, and the future business environment remains uncertain. The environment surrounding the Group is therefore expected to continue to be difficult to predict.」
The Company continues to recognise that demand and behaviour among consumers and visitors to Japan remain uncertain following the pandemic and that the effects of its high-value-added strategy and average-spend initiatives need to be assessed. - FY2024-Q1RestatedAnnual report
「However, demand for and behaviour of consumers and visitors to Japan regarding dining out may have changed following the pandemic. The future business environment is therefore considered to remain uncertain, and the environment surrounding the Group is expected to continue to be difficult to predict.」
The Company continues to identify the possibility that post-pandemic changes in demand and behaviour among consumers and visitors to Japan may differ from expectations as a factor contributing to uncertainty regarding the going-concern assumption. - FY2023First statedAnnual report
「Changes in consumer behaviour following the pandemic may not be consistent with the Company's policy of increasing added value.」
The Company identified for the first time, as a standalone risk item, the possibility that changes in consumer behaviour following the pandemic could be inconsistent with its high-value-added strategy and lead to a decline in sales.