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Joyful Honda (3191) · RiskRestated

Decline in Household-Goods Sales Due to Easing Inbound Demand

First written in FY2018-Q1. 6 of 7 entries say "Restated". Latest entry: FY2021-Q2.

7entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2021-Q22017: 120172018: 220182019: 220192020: 120202021: 1
Same theme, other companies
Decline in Inbound Tourists / Slowdown in Inbound ConsumptionA theme 33 companies write about · 33 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2019: 8 of 19 companies on the "Worse" side.

4 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.
Full recordFilings, disclosures and news, newest first
  1. FY2021-Q2RestatedAnnual report

    「Daily consumables such as laundry detergent, baby diapers, and toilet paper, as well as beverages, alcohol, stationery, and office supplies, remained sluggish, mainly due to the decline in the surge in demand ahead of last year's consumption tax increase and the decrease in inbound demand.」

    The decrease in inbound demand continues to be cited as a factor behind sluggish sales of daily consumables, beverages, alcohol, stationery, and other products.
  2. FY2021-Q1RestatedAnnual report

    「Sales of daily necessities were strong for COVID-related products such as masks, disinfectant, toilet paper, and kitchen and dining supplies, reflecting measures to prevent the spread of COVID-19. However, sales of beverages, alcohol, and some daily necessities remained weak due to the late end of the rainy season, the decline following front-loaded demand ahead of the previous year's consumption tax increase, and the loss of inbound tourism demand.」

    We continue to report sluggish sales of household goods and daily necessities due to the loss of inbound demand.
  3. FY2019-Q3RestatedAnnual report

    「Sales of daily goods declined due to a year-on-year decline in insulated bottle sales following exceptional demand.」

    The decline in household goods sales following the previous year's exceptional demand and inbound demand continued.
  4. FY2019-Q2RestatedAnnual report

    「Sales of daily goods declined due to a year-on-year decline in insulated bottle sales following exceptional demand, while sales of daily consumables declined due to lower sales of detergents and paper diapers following exceptional demand in the previous year.」

    The decline following last year's exceptional demand, including inbound demand, continued for household goods such as insulated bottles.
  5. FY2018-Q3RestatedAnnual report

    「Sales of household products overall remained sluggish due to the reversal of inbound demand and promotional effects from the previous fiscal year, as well as intensifying competition across industries.」

    The sluggishness of household product sales due to the reversal of inbound demand and promotional effects, together with cross-industry competition, continued.
  6. FY2018-Q2RestatedAnnual report

    「Sales of household products overall remained sluggish due to the reversal of exceptional inbound demand for certain products in the previous fiscal year.」

    The overall sluggishness of household product sales following the reversal of exceptional inbound demand continued.
  7. FY2018-Q1MaterialisedAnnual report

    「However, sales of household goods, including stainless-steel bottles, declined as inbound demand eased.」

    The easing of inbound demand was reflected in lower sales of household goods, including stainless-steel bottles.
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Joyful Honda's next results are scheduled for 2026-11-02. Read the earnings preview
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Decline in Household-Goods Sales Due to Easing Inbound Demand | JOYFUL HONDA CO.,LTD. (3191) | Komori