Shorter product life cycles due to changes in trends and customer preferences
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2019: 2 of 6 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The casual fashion products we handle tend to have short life cycles because trends change. We mitigate this risk by operating various brands in parallel to meet consumer needs, but a sharp economic downturn or changes in customer preferences could affect our business performance.」
流行・顧客嗜好の変化による商品ライフサイクル短期化と、多ブランド展開による低減策が継続して記載されている。 - FY2018RestatedAnnual report
「The casual fashion products we handle tend to have short life cycles because trends change. We mitigate this risk by operating various brands in parallel to meet consumer needs, but a sharp economic downturn or changes in customer preferences could affect our business performance.」
流行・顧客嗜好の変化による商品ライフサイクル短期化のリスクと、多ブランド展開による低減策が引き続き記載されている。 - FY2016First statedAnnual report
「The casual fashion products we handle tend to have short life cycles because trends change. We mitigate this risk by operating various brands in parallel to meet consumer needs, but a sharp economic downturn or changes in customer preferences could affect our business performance.」
The company states that sudden changes in trends or customer preferences could affect product selling periods and business performance.