Consumption tax hike and COVID-19 dampening consumer sentiment
First written in FY2020. 5 of 8 entries say "Restated". Latest entry: FY2023-Q2.
The whole theme swung hardest in 2020: 24 of 39 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「We will continue to monitor the future situation regarding the impact of COVID-19 on our business.」
The company reiterated its existing policy of monitoring the situation, stating that there had been no material change in the impact of COVID-19 on its business. - FY2023-Q1RestatedAnnual report
「We will continue to monitor the future situation regarding the impact of COVID-19 on our business.」
The company reiterated its existing policy of monitoring the impact of COVID-19 on its business. - FY2023-Q1RestatedAnnual report
「We will continue to monitor the future situation regarding the impact of COVID-19 on our business.」
The company reiterated its existing policy of monitoring the impact of COVID-19 on its business. - FY2022-Q2RestatedAnnual report
「We will continue to monitor the future situation regarding the impact of COVID-19 on our business.」
The company reiterated its existing policy of monitoring the situation, stating that there had been no material change in the impact of COVID-19 on its business. - FY2022-Q1RestatedAnnual report
「We will continue to monitor the future situation regarding the impact of COVID-19 on our business.」
The company stated that there had been no material change from the previous fiscal year in the impact of COVID-19 on its business and indicated that it would continue to monitor the situation. - FY2021MitigatedAnnual report
「COVID-19 has not had a material impact on our business at this point. However, as the timing of its containment remains uncertain, we will continue to closely monitor its impact on our business.」
The company stated that COVID-19 had not had a material impact on its business at this point and was implementing measures to prevent infection, including restrictions on business travel, holding meetings online, temperature checks, masks, staggered working hours, and remote work. - FY2021-Q1Partial recovery after the impact persistedAnnual report
「New customer acquisition during the cumulative first quarter was slightly below the initial plan in March and April 2020, as consumer sentiment weakened amid concerns about the impact of the spread of COVID-19 on the economy as a whole. In May 2020, however, new customer acquisition exceeded the initial plan and returned to the level before the consumption tax increase in October 2019, owing to the recovery trend in consumer sentiment and measures such as raising the maximum CPO described below.」
The impact of weakened consumer sentiment due to COVID-19 was reflected in new customer acquisitions in March and April, but acquisitions exceeded the initial plan in May, supported by a recovery trend and measures to raise the maximum CPO, returning to the level before the consumption tax increase. - FY2020MaterialisedAnnual report
「In addition to the decline in personal consumption caused by the consumption tax increase in October 2019, we believe that weakened consumer sentiment, amid concerns about the impact of the spread of COVID-19 from February 2020 onward on the economy as a whole, was another factor behind the decline in new customer acquisitions.」
The company identified weakened consumer sentiment, stemming from the consumption tax increase and concerns about the spread of COVID-19, as a factor behind the decline in new customer acquisitions.