Cashless Market and Weak Personal Consumption
First written in FY2020. 1 of 3 entries say "Materialised", first in FY2021-Q2. Latest entry: FY2021.
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- FY2021RestatedAnnual report
「Although growth in transaction values at supermarkets and other retailers has slowed as consumer purchasing patterns have returned to normal, demand for cashless payments remains firm.」
It describes slower growth in transaction values due in part to the abatement of stay-at-home demand, while explaining that demand for cashless payments remains firm. - FY2021-Q2MaterialisedAnnual report
「Although growth has slowed slightly as the prolonged spread of COVID-19 has brought stay-at-home demand to a temporary lull, demand for cashless services, particularly at supermarkets, remains firm.」
It states that growth in the Cashless Services Business has actually slowed as stay-at-home demand has abated, while demand itself remains firm. - FY2020First statedAnnual report
「If factors including an economic downturn, conflicts, incidents, accidents, disasters, abnormal weather, the spread of infectious diseases or changes in laws and regulations cause the cashless payments market to weaken or require cashless service providers or their customers to review their businesses, this may affect ... business performance.」
It cites the possibility of an impact through a decline in the value of house electronic money transactions.