Responding to the Expansion of Cashless Payments and Introduction of the Reduced Tax Rate System
First written in FY2019-Q1. 2 of 4 entries say "Restated". Latest entry: FY2020-Q1.
1 other company's latest entry also says "Restated".
- FY2020-Q1RestatedAnnual report
「Food distribution and retail face the threat of market contraction accompanying population decline, as well as intensifying competition from other business formats, including convenience stores, drugstores and online retailers, amid diversifying lifestyles such as the increase in dual-income and single-person households, and the need to respond to the spread of cashless payments」
The response to the spread of cashless payments continues to be described as an environmental change affecting food distribution and retail. The explicit reference to the reduced tax rate system included through the previous quarter is no longer present. - FY2019-Q3SoftenedAnnual report
「In addition, businesses are required to respond to changes in the operating environment, including the expansion of cashless payments.」
The expansion of cashless payments continues to be mentioned, while the explicit reference to the introduction of the reduced tax rate system in October 2019 that appeared through the previous quarter has been removed. - FY2019-Q2RestatedAnnual report
「In addition, businesses are required to respond to changes in the operating environment, including the expansion of cashless payments and the introduction of the reduced tax rate system accompanying the consumption tax reform scheduled for October 2019.」
The need to respond to the expansion of cashless payments and the introduction of the reduced tax rate system scheduled for October 2019 continues to be described as an environmental change surrounding food distribution and retail. - FY2019-Q1First statedAnnual report
「In addition, businesses are required to respond to changes in the operating environment, including the expansion of cashless payments and the introduction of the reduced tax rate system accompanying the consumption tax reform scheduled for October 2019.」
The expansion of cashless payments and the need to respond to the introduction of the reduced tax rate system scheduled for October 2019 are identified as new changes in the environment surrounding food distribution and retail.