Sales Volatility Caused by Adverse Weather and Weather Conditions
First written in FY2017. 6 of 12 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2026.
Star seeds moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 8 of 10 companies on the "Worse" side.
17 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The decline in store visits and purchasing customers attributable to abnormal weather and higher prices in the apparel and related businesses prevented the company from securing the profit originally projected.」
Abnormal weather was an actual factor behind the decline in store visits and purchasing customers and the failure to achieve projected profit. - 2026-04-17MaterialisedRevision of earnings forecasts
「In the apparel and related business, the number of store visitors and purchasers declined due to abnormal weather and rising prices.」
Abnormal weather, together with rising prices, was cited as an actual factor behind the decline in store visitors and purchasers and the shortfall in profit. - FY2026-H1MaterialisedAnnual report
「In the apparel and general merchandise retail industry, the operating environment remains difficult, as consumers continue to be cautious about spending due to rising consumer prices and the effects of climate change, including extreme summer heat.」
Climate change, including extreme summer heat, is expressly identified, together with higher prices, as a factor behind more cautious consumer spending and the difficult operating environment. - FY2025MaterialisedAnnual report
「As a result of these measures, average spending per customer increased for each brand, and the gross profit margin improved as discount rates were kept in check. Overall, however, these improvements were insufficient to offset the decline in customer numbers caused by abnormal weather and subdued consumer sentiment resulting from higher prices, and sales fell below the previous fiscal year.」
Abnormal weather, together with higher prices and subdued consumer sentiment, was an actual factor behind the decline in customer numbers and the year-on-year decrease in sales. - FY2024-Q1RestatedAnnual report
「In addition, we reviewed our product mix to respond to the earlier-than-usual rise in temperatures. In particular, from mid-April onward, we focused on introducing short-sleeved products with the aim of expanding sales.」
The earlier-than-usual rise in temperatures was identified as a factor behind the product-mix review, and the company responded by introducing short-sleeved products earlier. The risk of weather-related sales fluctuations remains. - FY2023RestatedAnnual report
「However, if unseasonable weather, such as cool summers and warm winters, or unpredictable weather conditions such as typhoons cause business performance to stagnate during periods when significant sales are normally expected, this may affect the group's business performance.」
While measures based on shortening the product launch cycle are described, the risk of sales fluctuations due to unseasonable weather and typhoons continues to be disclosed. - FY2020MaterialisedAnnual report
「The impact of a consumption tax increase, an unusually warm winter and the novel coronavirus infection on the retail industry was greater than anticipated, and sales from the third quarter onward remained below the initial plan.」
Extremely warm winter weather caused sluggish sales of winter merchandise and is described as an actual factor behind sales falling below the original plan. - FY2020-Q3MaterialisedAnnual report
「Although same-store sales exceeded the prior-year level, sales for the nine months ended in the third quarter fell below the initial plan due in part to the effects of unseasonably hot weather and typhoons.」
Unseasonably hot weather after summer and typhoons actually affected sales and are described as factors behind the failure to meet the original plan. - FY2019RestatedAnnual report
「We are taking measures such as shortening the product launch cycle. However, if unseasonable weather, such as cool summers and warm winters, or unpredictable weather conditions such as typhoons cause business performance to stagnate during periods when significant sales are normally expected, this may affect the company's business performance.」
While measures based on shortening the product launch cycle are described, the risk of sales fluctuations due to unseasonable weather and typhoons continues to be disclosed. - FY2019-Q2WorsenedAnnual report
「The economic outlook has become uncertain due to the effects of damage from natural disasters, including record heat, torrential rains and repeated earthquakes.」
The disclosure of risks related to unseasonable weather and weather conditions identifies specific natural disaster factors, including record heat, torrential rains and repeated earthquakes, and their effects. - FY2018MitigatedAnnual report
「Because sales of fashion products such as apparel and miscellaneous goods handled by the company are susceptible to weather conditions, we are taking measures such as shortening the product launch cycle. However, if unseasonable weather, such as cool summers and warm winters, or unpredictable weather conditions such as typhoons cause business performance to stagnate during periods when significant sales are normally expected, this may affect the company's business performance.」
The weather risk itself continues, while shortening the product launch cycle is explicitly stated as a countermeasure. - FY2017First statedAnnual report
「If unseasonable weather, such as cool summers and warm winters, or unpredictable weather conditions such as typhoons cause business performance to stagnate during periods when significant sales are normally expected, this may affect the company's business performance.」
The risk that unseasonable weather and typhoons could cause sales during the selling season to stagnate is disclosed as a standalone item for the first time.