Decline following rush demand ahead of tire price increases
First written in FY2019-Q1. 7 of 12 entries say "Restated". Latest entry: FY2026-H1.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in its business and other risks, including the reactionary decline following the special demand ahead of tire price increases. - FY2024-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company has disclosed that there have been no material changes in its business and other risks, including the reactionary decline following the special demand ahead of tire price increases. - FY2024-Q2MaterialisedAnnual report
「The main factors behind the declines in revenue and profit were the reactionary decline following front-loaded demand accompanying the October 2022 tire price increases in the Yellow Hat business and sluggish sales in the TSUTAYA business due to changes in consumer behavior.」
The reactionary decline following front-loaded demand accompanying the October 2022 tire price increases continues to appear in the results as a factor behind the declines in revenue and profit for the cumulative second-quarter period. - FY2024-Q1MaterialisedAnnual report
「The main factors behind the decline in revenue were sluggish sales of DVD rentals, DVD sales and other products in the TSUTAYA business, shorter operating hours following a review of the operating structure, and the end of the sales peak for summer tires in March 2023 due to repeated price increases and the resulting front-loaded demand in the Yellow Hat business, which resulted in a decline because the latter could not offset the former.」
Front-loaded demand accompanying the price increases for summer tires reached its sales peak in March 2023 and has since appeared in the results as a factor behind the decline in revenue. - FY2023-Q3RestatedAnnual report
「The main factors behind the increases in revenue and profit were strong tire-related sales in the Yellow Hat business, driven by repeated price increases and the resulting front-loaded demand, and higher revenue from opening Chateraise stores and other outlets as a new business.」
The company continues to describe a situation in which front-loaded demand accompanying tire price increases is driving sales higher. - FY2023-Q2Shift from the reactionary decline following special demand ahead of price increases to front-loaded demand accompanying price increasesAnnual report
「The main factors behind the increase in revenue were strong tire sales in the Yellow Hat business, driven by repeated price increases and the resulting front-loaded demand, and higher revenue from opening Chateraise stores as a new business.」
Unlike the previous reactionary declines following special demand ahead of tire price increases, the company explained that front-loaded demand accompanying repeated price increases drove tire sales higher this quarter. - FY2022-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company has disclosed that there have been no material changes in its business and other risks, including the reactionary decline following the special demand ahead of tire price increases. - FY2020-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company has disclosed that there have been no material changes in its business and other risks, including the reactionary decline following the special demand ahead of tire price increases. - FY2020-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company has disclosed that there have been no material changes in its business and other risks, including the reactionary decline following the special demand ahead of tire price increases. - FY2020-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes in its business and other risks, including the reactionary decline following the special demand ahead of tire price increases. - FY2019-Q2MaterialisedAnnual report
「As a result, sales for the cumulative second-quarter period were ¥8,956 million, a year-on-year decline of ¥117 million, or 1.3%. Ordinary profit was ¥11 million, down ¥1 million, or 11.5%, year on year. Quarterly net loss was ¥17 million, compared with a quarterly net loss of ¥14 million in the same period of the previous year. The decline in profit was mainly attributable to a decline following the rush demand before tire price increases in the Yellow Hat business, the company's main business, during the same period of the previous year.」
The continued impact of the reactionary decline following the special demand ahead of the previous year’s tire price increases is reflected in the results for the quarter, with revenue down 1.3%, ordinary profit down 11.5% and a quarterly net loss. - FY2019-Q1MaterialisedAnnual report
「As a result, sales for the cumulative first-quarter period were ¥4,769 million, a year-on-year decline of ¥130 million, or 2.7%. Ordinary profit was ¥112 million, down ¥101 million, or 47.4%, year on year. The decline in profit was mainly attributable to a decline following the rush demand before tire price increases in the Yellow Hat business, the company's main business, during the same period of the previous year.」
The company states that the decline following the pre-tire-price-increase rush demand in the previous year actually occurred as a factor behind the deterioration in quarterly performance, including a 2.7% decline in sales and a 47.4% decline in ordinary profit.