Alpico Holdings (297A) · RiskRestated
System investment burden stemming from the consumption tax increase, cashless payment requirements and other factors
First written in FY2019. 1 of 2 entries say "Materialised", first in FY2019. Latest entry: FY2020-Q3.
2entries
2years
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Same theme, other companies
Burden of distribution-system investment associated with consumption tax increases and cashless payment supportA theme 2 companies write about · 2 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Restated".
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- FY2020-Q3RestatedAnnual report
「Revenue declined due to lower demand in urban areas at night following the consumption tax increase.」
Lower consumer demand following the consumption tax increase emerged as a factor behind the decline in revenue in the taxi business. - FY2019MaterialisedAnnual report
「Increased wages and personnel expenses, systems investment related to the consumption tax increase and cashless payment measures, logistics costs resulting from higher crude oil prices, and soaring purchase prices have had a significant impact on the profitability of this business.」
The company states that wages and personnel expenses, systems investment for cashless payment measures and other initiatives, logistics costs, and higher purchase prices have affected profitability in the distribution business.