Risk of expiration of liquor tax reduction measures
First written in FY2016. 2 of 6 entries say "Worsened", first in 2026-05-14. Latest entry: 2026-11-13.
Orion Breweries moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).
The whole theme swung hardest in 2017: 2 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- 2026-11-13MaterialisedResults
「営業利益は10月に施行された酒税改正及び特措法廃止への対応として、「オリオン ザ・ドラフト」のブランド強化を目的に広告宣伝費を増加したため134百万円減少し、1,967百万円（前年同期比△6.4％）となりました。」
従来リスクとして記載されていた酒税改正・特措法廃止が2026年10月に施行され、広告宣伝費の増加という業績上の影響が示されている。 - FY2026WorsenedAnnual report
「The reduction measures for beer and other products will be abolished on 1 October 2026. For awamori, the reduction will be phased out according to business size and abolished on 15 May 2032.」
The risk disclosure has been clarified from a general risk that included the possibility of an extension to the specific risk of a regulatory change abolishing the reduction measures for beer and other products in October 2026 and for awamori in May 2032. - 2026-05-14WorsenedRevision to earnings forecast
「「沖縄の復帰に伴う特別措置に関する法律（以下、特措法）」による酒税軽減措置の廃止による影響」
酒税軽減措置について、延長の有無による不確実な期限リスクから、10月に控える廃止の影響として記載されている。 - FY2018RestatedAnnual report
「This law is in effect until 14 May 2019. If the law is not amended to extend the period, it may affect the Company's operating results and cash flows.」
The expiration date of the liquor tax reduction measures and the potential impact on results and cash flows if they are not extended are described in the same form. - FY2017SoftenedAnnual report
「This law is in effect until 14 May 2019. If the law is not amended to extend the period, it may affect the Company's operating results and cash flows.」
The deadline for the liquor tax reduction measures has been extended from 14 May 2017, as previously stated, to 14 May 2019, deferring the risk's expiration. - FY2016First statedAnnual report
「This law is in effect until 14 May 2017. If the law is not amended to extend the period, it may affect the Company's operating results and cash flows.」
The disclosure indicates that, without an extension, the liquor tax reduction measures applicable to sales in Okinawa Prefecture may affect results and cash flows.