Contraction in Government and Office Demand and Stagnation in Personal Consumption
First written in FY2017-Q2. 13 of 29 entries say "Worsened", first in FY2018-Q1. Latest entry: FY2026.
Nichiban moved to the "Worse" side of this theme in 2017.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the stationery and office supplies market, paper consumption declined significantly due to digital transformation and other factors, and office demand remained weak. Changes in consumers' purchasing destinations accompanying the expansion of online purchasing also contributed to a difficult sales environment.」
The decline in paper consumption due to digital transformation, weak office demand and the shift in purchasing destinations to online channels are described as factors behind the difficult sales environment in the stationery and office supplies market. - FY2025-H1WorsenedAnnual report
「In the stationery and office supplies market, paper consumption declined significantly due to digital transformation and other factors, and office demand remained weak. Changes in purchasing channels from stores to online also contributed to a difficult sales environment.」
In addition to the existing effects of rising prices and consumers holding back on purchases, the decline in paper consumption due to digital transformation and the shift in purchasing channels from stores to online were specifically identified as factors behind weak office demand. - FY2024-Q3WorsenedAnnual report
「Demand for stationery and office supplies remained weak due to factors including a deterioration in consumer sentiment caused by rising prices, while changes in where consumers purchased products also contributed to a difficult sales environment.」
While demand for stationery and office supplies remained weak, the deterioration in consumer sentiment caused by rising prices and changes in where consumers purchased products were described as new factors in the sales environment. - FY2024-Q2RestatedAnnual report
「Demand for stationery and office supplies remained weak due to factors including a deterioration in consumer sentiment caused by rising prices, resulting in a difficult sales environment.」
The deterioration in consumer sentiment caused by rising prices and weak demand for stationery and office supplies continued, and the difficult sales environment is described as ongoing. - FY2024-Q1RestatedAnnual report
「Demand for stationery and office supplies remained weak due to factors including a deterioration in consumer sentiment caused by successive price revisions, resulting in a difficult sales environment.」
The deterioration in consumer sentiment accompanying price revisions and weak demand for stationery and office supplies continued, and the difficult sales environment is described as ongoing. - FY2023-Q3WorsenedAnnual report
「In the stationery and office supplies market, the sales environment remained challenging as sluggish demand for office supplies continued, amid cooling consumer sentiment caused by inflation stemming from higher raw material prices and a weaker yen, as well as the trend toward stronger private-label offerings by major distributors.」
While demand for office supplies remained weak, rising prices caused by higher raw material costs and the weaker yen, along with major retailers strengthening their private-label brands, were described as new demand and sales pressures. - FY2023-Q2WorsenedAnnual report
「In the stationery and office supplies market, the difficult sales environment continued, with demand for office supplies remaining weak amid consumers holding back on purchases in response to price revisions driven by surging raw material costs and the rapid depreciation of the yen.」
In addition to weak demand for office supplies, consumers holding back on purchases in response to price revisions driven by surging raw material costs and the rapid depreciation of the yen is described as a new factor in the sales environment. - FY2023-Q1SoftenedAnnual report
「In the stationery and office supplies market, office attendance gradually increased as activity restrictions were eased, but the difficult sales environment continued, with demand for office supplies remaining weak amid factors such as consumers holding back on purchases due to rising prices.」
The easing of activity restrictions led to a gradual increase in office attendance, providing some relief from the previous deterioration in demand, but consumers continued to hold back on purchases because of rising prices, and demand for office supplies remained weak. - FY2022WorsenedAnnual report
「The gradual increase in office attendance reversed, and the resurgence of COVID-19 infections caused by new variants led to a sharp increase in the telework rate. The difficult sales environment continued, with demand for office supplies remaining weak.」
The situation is described as having shifted from a recovery in office attendance to another increase in the telework rate, while weak demand for office supplies continued. - FY2022-Q3SoftenedAnnual report
「The lifting of restrictions on activities as COVID-19 cases declined led to a gradual increase in office attendance, but working styles changed significantly with the spread of telework, and the difficult sales environment continued, including persistently weak demand for office supplies.」
The lifting of activity restrictions and gradual increase in office attendance provided some relief from the broad-based deterioration in demand through the previous period, but weak demand for office supplies due to the spread of telework continues. - FY2022-Q2WorsenedAnnual report
「In the stationery and office supplies market, the sales environment remained difficult as the areas subject to a state of emergency were expanded due to the fifth wave of COVID-19, restricting business meetings and sales rounds at chain stores in those areas.」
The fifth wave and the expansion of areas subject to the state of emergency restricted business meetings and store visits, creating a difficult sales environment for stationery and office supplies. Sales of Nice Tack and Dear-Kit also fell below the year-earlier level. - FY2021ReframedAnnual report
「It is customary for the Group to provide sales rebates to distributors after selling its products. Accordingly, if a large amount of such returns occurs, they may have a material impact on the Group’s operating results and financial position.」
The previous market risk related to changes in demand from government agencies, offices and other customers has been reorganized as a market trend and demand change risk covering sales data, production plans, provisions for return adjustments, and expected sales rebates. - FY2021-Q3RestatedAnnual report
「In the stationery and office supplies market, demand from offices continued to decline as working from home continued due to the spread of COVID-19, resulting in a difficult sales environment.」
The decline in office demand and the difficult sales environment resulting from the continuation of working from home continue to be cited. - FY2021-Q1WorsenedAnnual report
「In the stationery and office supplies market, demand from both offices and schools and schoolchildren continued to decline due to reduced office attendance and school closures resulting from the spread of COVID-19, resulting in a difficult sales environment.」
Following reduced office attendance and school closures caused by the spread of COVID-19, conditions have deteriorated to a situation in which demand from both offices and schools and schoolchildren is declining. - FY2020-Q3RestatedAnnual report
「In the stationery and office supplies market, business sentiment deteriorated further amid the consumption tax increase and concern over trade issues, including US-China trade friction, and worsening Japan-South Korea relations, while demand from both offices and schools and schoolchildren continued to decline, resulting in a difficult sales environment.」
The deterioration in business sentiment and the continuing decline in demand from offices and schools and schoolchildren are cited again as factors contributing to a difficult sales environment. - FY2020-Q2WorsenedAnnual report
「In the stationery and office supplies market, no rush demand was seen ahead of the consumption tax increase, business sentiment deteriorated further amid concern over trade issues, including US-China trade friction, and worsening Japan-South Korea relations, and demand from both offices and schools and schoolchildren continued to decline, resulting in a difficult sales environment.」
In addition to the previous weakness in office demand and decline in demand from schools and schoolchildren, demand in both areas continued to decline and business sentiment deteriorated further. - FY2020-Q1WorsenedAnnual report
「In the stationery and office supplies market, business sentiment deteriorated further amid concern over trade issues, including US-China trade friction, and the slowdown in the Chinese economy, while office demand remained weak and demand from schools and schoolchildren continued to decline, resulting in a difficult sales environment.」
The further deterioration in business sentiment and weakness in office demand are explicitly stated, while the decline in demand from schools and schoolchildren also continues. - FY2019WorsenedAnnual report
「In the stationery and office supplies market, no recovery in demand from government agencies and offices was seen, while demand from schools and schoolchildren also continued to decline, resulting in a persistently difficult sales environment.」
The description of government and office demand has changed from the previous “slow recovery” to “no recovery in demand,” while the decline in demand from schools and schoolchildren also continues. - FY2019-Q3RestatedAnnual report
「In the stationery and office supplies market, the recovery in office demand remained slow,」
The view that the recovery in office demand remains slow continues to be maintained. - FY2019-Q2SoftenedAnnual report
「In the stationery and office supplies market, the recovery in demand from government agencies and offices was slow, while demand from schools and schoolchildren continued to decline, resulting in a persistently difficult sales environment.」
Although the description of government and office demand has shifted from flat or declining demand to “a slow recovery in demand,” the decline in demand from schools and schoolchildren continues. - FY2019-Q1RestatedAnnual report
「In the stationery and office supplies market, consumer demand from government agencies and offices remained flat, while demand from schools and schoolchildren continued to decline, resulting in a persistently difficult sales environment.」
Flat government and office demand and the continuing decline in demand from schools and schoolchildren are cited again as factors contributing to a difficult sales environment. - FY2018WorsenedAnnual report
「Adhesive tape products used as standard stationery continued to face a difficult sales environment due to the ongoing decline in demand for office supplies.」
The description has deteriorated from flat government and office demand in the previous quarter to a continuing decline in demand for office supplies. - FY2018-Q2SoftenedAnnual report
「In the stationery and office supplies market, demand from government agencies and offices remained flat, while demand from schools and schoolchildren continued to decline, resulting in a persistently difficult sales environment.」
The description of government and office demand has softened from a previous declining trend to flat demand, while the decline in demand from schools and schoolchildren continues. - FY2018-Q1WorsenedAnnual report
「In the stationery and office supplies market, demand from government agencies and offices continued to trend downward, while demand from schools and schoolchildren also continued to decline, resulting in a persistently difficult sales environment.」
The continuing decline in demand from government agencies and offices, together with the continuing decline in demand from schools and schoolchildren, is explicitly stated. - FY2017SoftenedAnnual report
「In the stationery and office supplies market, demand from government agencies and offices remained sluggish, resulting in a difficult sales environment.」
The previous expressions, “a trend toward declining demand” and “sluggish consumer spending,” have been narrowed to “sluggish government and office demand,” with consumer spending no longer mentioned. - FY2017-Q3RestatedAnnual report
「In the stationery and office supplies market, demand from government agencies and offices continued to trend downward, while consumer spending also remained sluggish, resulting in a persistently difficult sales environment.」
The decline in government and office demand and sluggish consumer spending continue to be cited as factors contributing to a difficult sales environment. - FY2017-Q2First statedAnnual report
「In the stationery and office supplies market, demand from government agencies and offices continued to trend downward, while consumer spending also remained sluggish, resulting in a persistently difficult sales environment.」
The decline in government and office demand and sluggish consumer spending are cited as new risks to the sales environment in the office and home fields.