Decline in Consumption Trends Due to Consumption Tax Increase
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Although diverse latent consumer demand is expected in the domestic and overseas markets where the Group operates, the Group was affected by the consumption tax increase and the spread of COVID-19.」
The impact of the consumption tax increase on consumer spending trends continued to be covered in the full-year results discussion together with the impact of the spread of COVID-19. - FY2020-Q3RestatedAnnual report
「Although diverse latent consumer demand is expected in the domestic and overseas markets in which our Group operates, we were affected by the consumption tax increase and the spread of COVID-19, among other factors.」
The impact of the consumption tax increase on consumer spending trends continued to be disclosed together with the impact of the spread of COVID-19. - FY2020-Q2RestatedAnnual report
「Although diverse latent consumer demand is expected in the domestic and overseas markets in which our Group operates, we were affected by the consumption tax increase and the spread of COVID-19, among other factors.」
The impact of the consumption tax increase on consumer spending trends continued to be disclosed from the previous quarter. - FY2020-Q1First statedAnnual report
「Although diverse latent consumer demand is expected in the domestic and overseas markets in which our Group operates, during the first quarter under review we were affected by a decline in consumer spending due to the consumption tax increase.」
The Company states that it was actually affected by the decline in consumer spending trends due to the consumption tax increase, which has appeared for the first time as a new external environment risk.