NEXYZ.Group (4346) · RiskDropped
Risk of a shrinking kimono market and less favorable classroom locations
First written in FY2016. 1 of 2 entries say "Dropped", first in FY2017. Latest entry: FY2017.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Declining demand due to contraction of the kimono industry marketA theme 3 companies write about · 3 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Dropped".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2017DroppedAnnual report
「On 15 November 2017, the Company transferred all of its shares in its consolidated subsidiary Hakubi Co., Ltd.」
The risk of a shrinking kimono market and deterioration in classroom locations disappeared from the business and other risks for the current fiscal year, and all shares in Hakubi were transferred after the filing was submitted. - FY2016First statedAnnual report
「However, if the kimono market contracts substantially due to lower consumer preference resulting from changes in trends and demographics related to kimono culture, the operation of kimono dressing classes may be disrupted. In addition, these classes are primarily located in the Tokyo metropolitan area. If their locations deteriorate due to higher market rents and the resulting relocation of classes, class operations may be adversely affected.」
For the culture and education business, the disclosure addresses the impact on class operations of lower demand for kimonos, higher rents and relocations.