Weak sales due to changing trends and a shrinking core customer demographic
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2019: 2 of 6 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「If the group is unable to provide products that match customer preferences, or if sales weaken because the number of women in our main target demographic, those in their late teens to early thirties, declines amid Japan’s declining birth rate and aging population, our performance may be affected.」
流行・顧客嗜好との不一致と、主要ターゲット層の減少による販売不振リスクを継続して開示している。 - FY2018RestatedAnnual report
「If the group is unable to provide products that match customer preferences, or if sales weaken because the number of women in our main target demographic, those in their late teens to early thirties, declines amid Japan’s declining birth rate and aging population, our performance may be affected.」
流行・顧客嗜好との不一致と、主要ターゲット層の減少による販売不振リスクを継続して開示している。 - FY2017First statedAnnual report
「If the group is unable to provide products that match customer preferences, or if sales weaken because the number of women in our main target demographic, those in their late teens to early thirties, declines amid Japan’s declining birth rate and aging population, our performance may be affected.」
The company identifies changing trends, failure to match customer preferences and a shrinking core customer demographic as risks that could lead to weak sales.