Demand Risks from Weak Appetite for Clothing Purchases and Slowing Inbound Consumption
First written in FY2017-Q2. 8 of 28 entries say "Restated". Latest entry: FY2026.
Shinyei Kaisha moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 19 of 23 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Online sales remained firm, but profit declined due to markdowns to optimize inventoryAnnual report
「Markdown sales to optimize inventory reduced profit margins, while higher expenses caused profits to decline.」
Apparel e-commerce sales remained firm, supported by multiple brands handled for television shopping, but markdown sales and higher expenses caused profits to decline. - 2026-05-14OtherEarnings presentation
「◆ 事業開発関連は、アパレル通販分野で売上は堅調も利益率低下と経費増により、増収ながら損益悪化」
アパレル通販の売上は堅調だった一方、利益率低下と経費増により損益が悪化した。需要面の堅調さと採算面の課題が併存している。 - FY2026-H1Online sales remained firm, but profit margins declined due to inventory optimizationAnnual report
「In the apparel e-commerce business, which is being developed as a growth business, the designs and quality of multiple brands handled for television shopping received broad support from consumers, and sales remained firm. However, markdown sales to optimize inventory reduced profit margins, while higher expenses left profits almost flat.」
Apparel e-commerce sales remained firm, supported by multiple brands, but markdown sales to optimize inventory and higher expenses left profits almost flat. Improved demand conditions and profitability challenges coexisted. - FY2025-H1New brands performed well, but business scale continued to contract after partial withdrawalAnnual report
「In the apparel e-commerce business, which is being developed as a growth business, sales of summer and autumn merchandise from newly launched brands, in addition to existing brands handled for television shopping, remained strong. Although sales fell substantially due to the partial withdrawal from the textile business, profitability improved and earnings improved substantially.」
Seasonal merchandise from new brands performed well, and profitability and earnings in the apparel e-commerce business improved. However, sales scale has contracted substantially due to the partial withdrawal from the textile business. - FY2024Apparel demand expanded, but climate change, higher costs and intensifying competition persistedAnnual report
「In the textile industry, apparel demand expanded as increased opportunities to go out strengthened consumer appetite for purchases. However, sales were affected by climate change, procurement costs remained high due to soaring raw material costs, and fierce sales competition unfolded in the market.」
Demand expanded, but the impact of climate change on sales, soaring raw material costs, persistently high procurement costs and fierce sales competition continued. - FY2024-Q3Apparel demand expanded, but climate change, higher costs and intensifying competition persistedAnnual report
「In the textile industry, apparel demand expanded as increased opportunities to go out strengthened consumer appetite for purchases. However, sales were affected by climate change, procurement costs remained high due to soaring raw material costs, and fierce sales competition unfolded in the market.」
Apparel demand expanded as opportunities to go out increased, but the impact of climate change on sales, persistently high procurement costs due to soaring raw material costs, and fierce sales competition continued. - FY2024-Q2Recovery in appetite for purchases coincided with record heat, higher costs and intensifying competitionAnnual report
「In the textile industry, the lifting of activity restrictions and the increase in events and opportunities to go out contributed to stronger consumer appetite for apparel purchases. However, procurement costs remained high due to soaring raw material costs and the impact of foreign exchange rates, and fierce sales competition unfolded in the market. In addition, sales of autumn and winter merchandise slowed due to record-high temperatures.」
Increased opportunities to go out supported a recovery in appetite for apparel purchases, while high procurement costs, fierce sales competition and slower sales of autumn and winter merchandise due to record-high temperatures persisted. - FY2024-Q1Recovery in appetite for purchases driven by demand to go out coincided with higher costs and intensifying competitionAnnual report
「In the textile industry, the expansion of demand to go out during extended holidays without restrictions on activities and rising temperatures affected consumers’ appetite for apparel purchases. However, procurement costs rose due to soaring raw material costs and the impact of foreign exchange rates, while fierce sales competition unfolded in the market.」
Although extended holidays without restrictions on activities and other factors affected consumers’ appetite for apparel purchases, higher procurement costs due to raw material costs and foreign exchange rates and fierce sales competition continued. - FY2023-Q3RestatedAnnual report
「In the textile industry, the domestic market environment was on a recovery trend, but the difficult situation continued as procurement costs rose because of surging raw material costs and foreign-exchange effects, amid intense sales competition.」
Although the domestic market showed signs of recovery, higher procurement costs and fierce sales competition continued, and the easing of apparel demand risks remained limited. - FY2023-Q2The market was recovering, but cost and production and logistics constraints continuedAnnual report
「In the textile industry, the domestic market environment was on a recovery trend, but the difficult situation continued as procurement costs rose because of surging raw material costs and the rapid depreciation of the yen, amid intense sales competition.」
Although the domestic market showed signs of recovery, competition in apparel sales, soaring raw material costs and higher procurement costs due to the weaker yen continued, and the easing of demand risks remained limited. - FY2023-Q1Signs of recovery, but cost and logistics constraintsAnnual report
「In the textile industry, the market environment showed signs of recovery as COVID-19-related restrictions were gradually eased and people in Japan went out more frequently. However, procurement costs rose because of surging raw material and logistics costs and the rapid depreciation of the yen, while lockdowns in China also created difficult conditions in terms of prices and lead times.」
The textile market showed signs of recovery as opportunities to go out increased, but there was no indication of a fundamental change in consumer behavior, and challenging conditions caused by higher costs, the weaker yen and lockdowns in China persisted. - FY2022-Q3Signs of recovery, but limited change in consumer behaviorAnnual report
「In the textile industry, the spread of COVID-19 continued to dampen consumer appetite in Japan as people refrained from going out. Although a recovery trend was seen in the third quarter, when the state of emergency was lifted, consumer behavior did not change. In China, the main production base, procurement costs rose because of surging raw material and logistics costs, and the difficult situation continued.」
Although signs of recovery emerged after the declarations of a state of emergency were lifted, consumer behavior remained unchanged and apparel demand continued to face challenges. - FY2022-Q1WorsenedAnnual report
「In the textile industry, the spread of COVID-19 led to weaker consumer appetite in Japan as people refrained from going out, while shorter operating hours and closures continued at department stores and other commercial facilities. In China, the main production base, procurement costs rose because of surging raw material prices, and the difficult situation continued.」
Lower appetite for purchases as people refrained from going out and shortened hours or closures at department stores and other outlets continued, and apparel demand conditions remained challenging. - FY2021WorsenedAnnual report
「In the textile industry, the spread of COVID-19 reduced consumer appetite in Japan as people refrained from going out, while temporary declines in production capacity were also seen in China and other production centers. The difficult situation continued.」
Weak apparel demand and lower appetite for purchases as people refrained from going out coincided with reduced production capacity in production centers, further worsening demand conditions in the textile industry. - FY2021-Q2RestatedAnnual report
「In the textile industry, department stores, shopping malls and other outlets were forced to temporarily close or shorten their operating hours due to declarations of a state of emergency and other measures implemented in response to the spread of COVID-19. The situation remained challenging as people refrained from going out, reducing their appetite for purchases.」
The impact on textile demand of declarations of a state of emergency, temporary store closures, shortened operating hours and lower appetite for purchases as people refrained from going out has continued. - FY2021-Q1WorsenedAnnual report
「In the textile industry, department stores, apparel mass retailers and other outlets were forced to temporarily close or shorten their hours due to declarations of a state of emergency and other measures implemented in response to the spread of COVID-19. Customer traffic also fell substantially as people refrained from going out.」
In addition to persistently weak appetite for purchases and sales competition, declarations of a state of emergency, temporary store closures, shortened operating hours and lower customer traffic caused by people refraining from going out further worsened demand conditions in the textile industry. - FY2020WorsenedAnnual report
「In the textile industry, sales remained sluggish as extreme heat, typhoons, unusually warm winters and the consumption tax increase weakened appetite for purchases, resulting in intense sales competition. Sales then fell sharply in March 2020 due to the spread of COVID-19.」
In addition to adverse weather, the consumption tax increase and sales competition, sales fell sharply due to the spread of COVID-19, further worsening demand conditions in the textile industry. - FY2020-Q3WorsenedAnnual report
「In the textile industry, consumers’ strong focus on saving and declining appetite for apparel purchases, together with adverse weather such as continued high temperatures after the beginning of autumn, kept sales sluggish, resulting in intense sales competition.」
Persistently weak appetite for apparel purchases, adverse weather such as high temperatures, and intense sales competition were cited as factors behind sluggish sales. - FY2020-Q1WorsenedAnnual report
「In the textile industry, consumers’ strong focus on saving led to weak apparel sales as their appetite for purchases declined, while intense competition among internet retailers also continued.」
Consumers’ weak appetite for apparel purchases was described as persistent. In addition to sluggish brick-and-mortar sales, competition among internet retailers has continued. - FY2019-Q3WorsenedAnnual report
「In the textile industry, consumers continued to favor economy, keeping appetite for apparel weak. On the production side, the difficult environment continued as persistently high labor costs in China, the main production base, and environmental protection measures affected raw material and other manufacturing costs, while Japan experienced abnormal weather, including typhoons, torrential rain and unusually warm winters.」
As weak appetite for apparel purchases continued, the impact of abnormal weather, including typhoons, torrential rain and unusually warm winters, on demand and sales volumes was newly identified. - FY2019-Q2RestatedAnnual report
「In the textile industry, consumers continued to favor economy, keeping appetite for apparel weak. On the production side, the difficult environment continued as persistently high labor costs in China, the main production base, and environmental protection measures affected raw material and other manufacturing costs, while Japan experienced abnormal weather, including extreme heat, typhoons and torrential rain.」
Consumers’ focus on saving has continued to weigh on appetite for apparel purchases. The impact of abnormal weather on sales volumes and profitability was also reported. - FY2019-Q1RestatedAnnual report
「In the textile industry, consumers continued to favor economy, keeping appetite for apparel weak. On the production side, the difficult environment continued as rising raw material costs and persistently high labor costs in China, the main production base, as well as environmental protection measures, affected manufacturing costs.」
Consumers’ focus on saving and weak appetite for apparel purchases have continued. - FY2018-Q3RestatedAnnual report
「In the legwear field, the company strengthened its product planning capabilities and proposal-based sales and focused on reducing inventory and expenses. However, sales volumes remained sluggish due to adverse weather and the reduction in floor space for legwear products at major sales outlets, and profitability also deteriorated.」
Adverse weather and the reduction in legwear floor space at major sales outlets continued to weigh on sales volumes and profitability. - FY2018-Q2WorsenedAnnual report
「In the legwear field, the company strengthened its product planning capabilities and proposal-based sales and focused on expense control. However, sales volumes remained sluggish due to adverse weather and the reduction in floor space for legwear products at major sales outlets, and profitability also deteriorated.」
In addition to weak existing demand for apparel, the reduction in legwear floor space at major sales outlets and adverse weather weighed on sales volumes and profitability. - FY2018-Q1RestatedAnnual report
「In the textile industry, consumer appetite for apparel remained weak, while on the production side manufacturing costs rose because raw material and labor costs remained high and lead times became shorter and production lots smaller. The difficult environment continued.」
Weak appetite for apparel purchases has continued. - FY2017RestatedAnnual report
「In the textile industry, consumer appetite for apparel purchases remained weak, and a pronounced tendency toward needs-based purchases emerged.」
Weak appetite for apparel purchases and a tendency toward needs-based purchases continued throughout the fiscal year. Demand conditions remained challenging, including due to slowing inbound consumption. - FY2017-Q3RestatedAnnual report
「In the textile industry, consumer appetite for apparel remained weak, inbound consumption also lost the momentum seen previously, and manufacturing costs rose because raw material and labor costs remained high in China, lead times became shorter and production lots smaller. As a result, the difficult environment continued.」
Weak appetite for apparel purchases and slowing momentum in inbound consumption have continued. - FY2017-Q2First statedAnnual report
「In the textile industry, consumer appetite for apparel remained weak, inbound consumption also lost the momentum seen previously, and manufacturing costs rose because raw material and labor costs remained high in China, lead times became shorter and production lots smaller. As a result, the difficult environment continued.」
Weak appetite for apparel purchases and slowing momentum in inbound consumption were identified for the first time as factors affecting demand conditions in the textile business.