Risk of difficulty passing on higher input costs following a consumption tax rate increase
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2020: 23 of 30 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Meanwhile, the economic outlook remained uncertain due to concerns over a decline in consumption following the consumption tax increase, US-China trade friction and the UK's departure from the EU.」
The company continues to disclose concerns about the impact of a consumption tax increase on consumption and the economic impact of factors including US-China trade friction. - FY2020-Q2RestatedAnnual report
「Meanwhile, the economic outlook remained uncertain due to concerns over a decline in consumption following the consumption tax increase, US-China trade friction and the UK's departure from the EU.」
The company continues to disclose concerns about the impact of a consumption tax increase on domestic consumption and the related economic impact of existing risks concerning the pass-through of higher taxes on purchases to prices. - FY2018RestatedAnnual report
「A consumption tax rate increase is scheduled in Japan, and its impact on the domestic economy is unclear at this time. It may also be difficult to pass the increase in taxes on purchases through to selling prices.」
The company continues to disclose the impact on the domestic economy of the scheduled consumption tax rate increase and the possibility of being unable to pass the resulting increase in taxes on purchases through to selling prices. - FY2017First statedAnnual report
「A consumption tax rate increase is scheduled in Japan, and its impact on the domestic economy is unclear at this time. It may also be difficult to pass the increase in taxes on purchases through to selling prices.」
The company newly identifies as risks the impact of the scheduled consumption tax rate increase on the domestic economy and the possibility of being unable to pass the resulting increase in taxes on purchases through to selling prices.