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Axxzia (4936) · RiskMaterialised

Inbound Demand Volatility Risk

First written in FY2025. 6 of 8 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.

8entries
2years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2025MaterialisedFY2026-H1 – FY20262025: 120252026: 72026
Same theme, other companies
Decline in Inbound Tourists / Slowdown in Inbound ConsumptionA theme 33 companies write about · 33 as a headwind · 0 as a tailwind

Axxzia moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).

The whole theme swung hardest in 2019: 8 of 19 companies on the "Worse" side.

2 other companies' latest entry also says "Materialised".

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.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.
Full recordFilings, disclosures and news, newest first
  1. FY2026MaterialisedAnnual report

    「Inbound consumption remained strong, supported by the yen staying at weak levels and a substantial increase in the number of overseas visitors to Japan. However, from November onward, consumption by Chinese tourists slowed due to the impact of requests by the Chinese government to refrain from overseas travel and other factors.」

    Although inbound tourism overall remained strong, a slowdown in spending by Chinese tourists actually occurred during the fiscal year due to requests from the Chinese government to refrain from travelling and other factors.
  3. FY2026-H1MaterialisedAnnual report

    「Inbound consumption remained strong, supported by the yen staying at weak levels and a substantial increase in the number of overseas visitors to Japan. However, from November onward, consumption by Chinese tourists slowed due to the impact of requests by the Chinese government to refrain from overseas travel and other factors.」

    While inbound demand remained strong overall, it states that consumption by Chinese tourists actually slowed due to requests by the Chinese government to refrain from overseas travel and other factors.
  4. FY2025First statedAnnual report

    「If a decline in demand occurs due to unforeseeable changes in local economic conditions, policy changes, deterioration in Japan–China relations, the spread of infectious diseases or other factors, it could adversely affect the operating results and financial position of our group.」

    Regarding inbound demand, centered on visitors to Japan from China, it has identified weak demand caused by economic conditions, policies, Japan–China relations and infectious diseases as a standalone risk, and indicates a policy of closely monitoring developments and taking agile measures.
Moved together

"Emphasis on Consolidated Revenue Growth and Operating Profit Margin" moved the same way as this thread, in the same document, in 7 of its 8 moves.

75222★12345
  1. ★This thread
  2. 1Emphasis on Consolidated Revenue Growth and Operating Profit Margin7×
  3. 2Stepped-up advertising investment in mainland China5×
  4. 3The Growing Importance of E-Commerce and Recovery in the Chinese Market2×
  5. 4Changes in China’s policies and legal system and dependence on Alibaba-affiliated e-commerce platforms2×
  6. 5Managing advertising expenses at 15% or less and advertising expenses and related costs at 30% or less2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Axxzia yet. It last moved in the General Meetings of Shareholders of 2026-10-05: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Inbound Demand Volatility Risk | AXXZIA Inc. (4936) | Komori