Declining Brand Value Due to Changing Consumer Preferences
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2024.
Hobonichi moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「Information disseminated through web media, social media and other channels is increasingly likely to spread immediately and trigger a public backlash, which may cause the Company's brand strength to decline.」
In addition to changes in consumer preferences, the filing explicitly identifies the possibility of declining brand value due to public backlash on web media and social media. - FY2021RestatedAnnual report
「If the Company's brand value declines due to changes in consumer preferences or other factors, the resulting decline in site visits and sales volume may adversely affect the Company's business and operating results.」
The filing continues to disclose the risk of declining brand value due to changes in consumer preferences. - FY2020RestatedAnnual report
「If the Company's brand value declines due to changes in consumer preferences or other factors, the resulting decline in site visits and sales volume may adversely affect the Company's business and operating results.」
The filing continues to disclose the risk of declining brand value due to changes in consumer preferences and the resulting impact on visits and sales volume. - FY2019RestatedAnnual report
「If the Company's brand value declines due to changes in consumer preferences or other factors, the resulting decline in site visits and sales volume may adversely affect the Company's business and operating results.」
The filing continues to disclose the risk of declining brand value due to changes in consumer preferences and the resulting impact on visits and sales volume. - FY2018RestatedAnnual report
「If the Company's brand value declines due to changes in consumer preferences or other factors, the resulting decline in site visits and sales volume may adversely affect the Company's business and operating results.」
The filing continues to disclose the risk of declining brand value due to changes in consumer preferences and the resulting impact on visits and sales volume. - FY2017First statedAnnual report
「However, if the Company's brand value declines due to changes in consumer preferences or other factors, the resulting decline in site visits and sales volume may adversely affect the Company's business and operating results.」
The filing discloses the risk that declining brand value for the website and products may lead to fewer visits and lower sales volume.