Risk of failure to adapt to changes in consumer needs and lifestyles
First written in FY2025. 4 of 5 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.
St.Cousair moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2019: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「E-commerce revenue declined 5.1% year on year. While gift demand remained below the previous year's level, demand for personal consumption trended upward year on year.」
Changes in consumer demand materialized in the results as lower gift demand and a 5.1% year-on-year decline in e-commerce revenue. - FY2026-H1MaterialisedAnnual report
「We believe the primary factor was a change in purchasing behavior against a backdrop of soaring food prices, which resulted in a decline in the number of store visitors. Although gift demand remained firm year on year, e-commerce revenue declined 3.5% year on year as changes in consumer behavior caused by soaring food prices reduced demand for personal consumption.」
Changes in consumer purchasing behavior and demand materialized as declines in store visitors and e-commerce demand for personal consumption. - FY2025First statedAnnual report
「There is a risk that changes in consumer needs and lifestyles will alter the types of food consumers prefer. If our group cannot respond swiftly to changes in the operating environment and capture consumer needs, this could adversely affect our business performance and financial position.」
Separately from cost-conscious consumer behavior and rising prices, the company identifies the risk of failing to adapt to changes in consumer preferences and lifestyles.