Insufficient Demand Due to Population Decline and Cross-Industry Competition
First written in FY2017. 8 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 21 of 39 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Japan’s economic environment continues to contain many uncertainties regarding future developments, including the decline in the working-age population in an aging society, uncertainty in overseas economies and the effects of volatility in financial markets.」
Continues to identify the declining working-age population, uncertainty in overseas economies and volatility in financial markets as uncertainties in the economic environment. - FY2025RestatedAnnual report
「Japan’s economic environment continues to contain many uncertainties regarding future developments, including the decline in the working-age population in an aging society, uncertainty in overseas economies and the effects of volatility in financial markets.」
Continues to identify the declining working-age population, uncertainty in overseas economies and volatility in financial markets as uncertainties in the economic environment. - FY2024RestatedAnnual report
「Japan’s economic environment continues to contain many uncertainties regarding future developments, including the decline in the working-age population in an aging society, uncertainty in overseas economies and the effects of volatility in financial markets.」
Continues to identify the declining working-age population, uncertainty in overseas economies and volatility in financial markets as uncertainties facing the Japanese economy. - FY2020-Q3WorsenedAnnual report
「In addition, the introduction of the reduced tax rate has further intensified competition among companies across industry boundaries, making customer selection increasingly stringent, while the outlook for consumption remains uncertain.」
States that, against the backdrop of the introduction of the reduced tax rate, competition among companies across industry boundaries has intensified further and customer selection has become increasingly stringent. - FY2020-Q2RestatedAnnual report
「In addition, competition among companies across industry boundaries is intensifying, making customer selection increasingly stringent, while the outlook for consumption remains uncertain.」
Continues to identify intensifying competition among companies across industries and increasingly stringent customer selection. - FY2020-Q1RestatedAnnual report
「In addition, consumers' entrenched preference for low prices has not changed, and the outlook remains uncertain, with conditions continuing to preclude optimism.」
Continues to identify an entrenched preference for low prices and uncertainty surrounding personal consumption. It also explains later that competition among companies across industry boundaries is intensifying. - FY2019RestatedAnnual report
「In addition, as consumers remain firmly oriented toward low prices, competition among companies across industry boundaries is intensifying, making customer selection increasingly stringent, while the outlook for consumption remains uncertain.」
Continues to identify an entrenched preference for low prices, intensifying cross-industry competition and increasingly stringent customer selection. - FY2019-Q3RestatedAnnual report
「In addition, consumers' entrenched preference for low prices has not changed, and competition among companies across industry boundaries is intensifying, making customer selection increasingly stringent, while the outlook for consumption remains uncertain.」
Continues to identify an entrenched preference for low prices, intensifying cross-industry competition and increasingly stringent customer selection. - FY2019-Q2RestatedAnnual report
「In addition, consumers' entrenched preference for low prices has not changed, and competition among companies across industry boundaries is intensifying, making customer selection increasingly stringent, while the outlook for consumption remains uncertain.」
Continues to identify an entrenched preference for low prices, intensifying cross-industry competition and increasingly stringent customer selection. - FY2019-Q1WorsenedAnnual report
「In addition, as consumers remain firmly oriented toward low prices, competition among companies across industry boundaries is intensifying, making customer selection increasingly stringent, while the outlook for consumption remains uncertain.」
States that competition among companies across industry boundaries has intensified and customer selection has become more stringent. - FY2017First statedAnnual report
「The Japanese economy faces many uncertainties, including insufficient demand due to population decline, territorial disputes with neighboring countries and energy policy issues.」
Identifies insufficient demand due to population decline and other factors as uncertainties facing the Japanese economy, while separately anticipating continued competition across industry boundaries.