Market Contraction and Labor Shortages Driven by Population Decline, a Declining Birthrate and an Aging Population
First written in FY2018. 4 of 5 entries say "Restated". Latest entry: 2026-04-14.
The whole theme swung hardest in 2025: 3 of 7 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- 2026-04-14RestatedEarnings
「Market contraction caused by population decline, labor shortages resulting from the declining birthrate and aging population」
Market contraction caused by population decline and labor shortages resulting from the declining birthrate and aging population were reaffirmed as factors affecting the future operating environment. - FY2024RestatedAnnual report
「Changes in the social environment, including lifestyle changes following the COVID-19 pandemic, population aging, and population decline」
Reconfirmed lifestyle changes, population aging, and population decline as social and environmental factors requiring an operational response. - FY2023RestatedAnnual report
「Changes in the social environment, including lifestyle changes following the COVID-19 pandemic, population aging, and population decline」
Continued to describe changes in the social environment due to population aging and decline as environmental factors requiring an operational response. - FY2021RestatedAnnual report
「The retail industry faces an uncertain and challenging business environment, including the risk of an economic downturn caused by the COVID-19 pandemic, declining personal income due to economic deterioration, labor shortages caused by population decline, and rising logistics and construction costs.」
Reconfirmed the recognition of a challenging business environment, including labor shortages caused by population decline. - FY2018First statedAnnual report
「The business environment surrounding the Group is expected to become increasingly challenging due to factors including market contraction caused by population decline, labor shortages caused by the declining birthrate and aging population, and intensifying competition across business formats.」
For the first time, separately described market contraction due to population decline and labor shortages due to the declining birthrate and aging population as factors that will make the future business environment more challenging.