Ocean System (3096) · RiskRestated
Declining alcohol sales due to younger people drinking less
First written in FY2020-Q1. 1 of 3 entries say "Restated". Latest entry: FY2020.
3entries
2years
0from disclosures
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Same theme, other companies
Contraction in Domestic Alcoholic Beverage Demand due to Population Decline, Aging and Changing Consumer PreferencesA theme 7 companies write about · 7 as a headwind · 0 as a tailwind
4 other companies' latest entry also says "Restated".
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Full recordFilings, disclosures and news, newest first
- FY2020RestatedAnnual report
「Although sales in the alcohol retailing division fell below the previous year amid the trend of younger people drinking less,」
The decline in alcohol retailing division sales below the previous year due to younger people drinking less continues to be cited. - FY2020-Q2Rush demand amid declining alcohol consumptionAnnual report
「In addition, sales in the alcohol retailing division had been sluggish amid the trend of younger people drinking less, but sales in September increased substantially due to rush demand ahead of the consumption tax increase, contributing to a higher average spend per customer.」
While sales remained sluggish due to younger people drinking less, sales in September increased substantially due to rush demand ahead of the consumption tax increase. - FY2020-Q1First statedAnnual report
「In addition, sales in the alcohol retailing division fell below the previous year amid the trend of younger people drinking less.」
For the first time, the decline in alcohol sales due to younger people drinking less is cited as a factor behind the decline in sales in the alcohol retailing division.