Changes in Consumer Sentiment Following the Consumption Tax Increase
First written in FY2020-Q3. 2 of 3 entries say "Dropped", first in FY2020. Latest entry: FY2021.
The whole theme swung hardest in 2020: 5 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual report
「During the current fiscal year, Japan's economy was in a difficult situation due to the spread of COVID-19.」
The concern regarding consumer sentiment following the consumption tax rate increase, which had been explicitly stated in the previous filing, was not explicitly stated for FY2021. - FY2020DroppedAnnual report
「During the current fiscal year, Japan's economy continued on a moderate recovery trend against a backdrop of improving employment and income conditions.」
The concern regarding consumer sentiment following the consumption tax rate increase, which had been explicitly stated in the third-quarter report, was not explicitly stated in the annual report. - FY2020-Q3First statedAnnual report
「During the cumulative third-quarter period, Japan's economy continued to recover moderately against a backdrop of improving employment and income conditions, but weakness centered on exports persisted, and concerns arose regarding changes in consumer sentiment following the consumption tax rate increase in October 2019.」
Regarding the domestic economy, the company for the first time identified continued recovery alongside weakness in exports and changes in consumer sentiment following the consumption tax rate increase as concerns.