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Eternal Hospitality Group (3193) · RiskDropped

Risk of Changes in Consumer Sentiment Due to the Consumption Tax Rate Increase and Reduced Tax Rate System

First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2021.

4entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY20212019: 12020: 220202021: 12021
Same theme, other companies
Decline in Restaurant Consumption Due to Consumption Tax IncreaseA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Dropped".

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Full recordFilings, disclosures and news, newest first
  1. FY2021DroppedAnnual report
    The description of the operating environment and risks in this filing does not separately identify changes in consumer sentiment resulting from the consumption tax rate increase or the reduced tax rate system.
  2. FY2020-Q3RestatedAnnual report

    「In the food-service industry, the challenging operating environment has become even more severe due to requests to refrain from going out and requests to shorten operating hours to prevent the spread of COVID-19, in addition to rising labor costs against a backdrop of labor shortages and the consumption tax rate increase, among other factors.」

    The consumption tax rate increase continues to be identified as a challenging factor affecting the operating environment for the food-service industry. Requests related to COVID-19 have also been listed as an additional new factor.
  3. FY2020-Q2RestatedAnnual report

    「The operating environment remains challenging, including the need to address changes in consumer sentiment resulting from an increase in the consumption tax rate and the reduced tax rate system.」

    Changes in consumer sentiment resulting from the consumption tax rate increase and the reduced tax rate system continue to be identified as an environmental risk for the food-service industry, as in the previous quarter.
  4. FY2020-Q1First statedAnnual report

    「The operating environment remains challenging, including the need to address changes in consumer sentiment resulting from an increase in the consumption tax rate and the reduced tax rate system.」

    The company has for the first time separately identified changes in consumer sentiment resulting from the consumption tax rate increase and the reduced tax rate system as a new environmental risk requiring the food-service industry to respond.
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Risk of Changes in Consumer Sentiment Due to the Consumption Tax Rate Increase and Reduced Tax Rate System | Eternal Hospitality Group Co.,Ltd. (3193) | Komori