Changes in Production and Consumption Structures Due to the Declining Birthrate, Population Aging, and Population Decline
First written in FY2017. 5 of 8 entries say "Restated". Latest entry: 2026-08-07.
Achilles moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「However, overall sales were below the previous year's level due to the continued sluggishness in consumption against a backdrop of the declining birthrate and weak department-store performance, as well as the impact of price revisions.」
Changes in the demand structure due to the declining birthrate are reflected in actual performance as Shoes BU sales falling below the previous year's level, along with weak department-store performance and sluggish consumption. - FY2024RestatedAnnual report
「Over the medium to long term, in Japan, further diversification of production activity and consumer behavior is expected due to population decline and changes in the age structure accompanying the progression of the declining birthrate and population aging」
The company continues to recognize structurally that the declining birthrate, population decline, and changes in the age structure will change production activity and consumer behavior. - FY2022RestatedAnnual report
「Over the medium to long term, in Japan, further diversification of production activity and consumer behavior is expected as the declining birthrate and population aging progress, accompanied by population decline and changes in the age structure」
The company continues to recognize structurally that the declining birthrate, population decline, and changes in the age structure will change production activity and consumer behavior. - FY2021RestatedAnnual report
「Over the medium to long term, in Japan, the further progression of the declining birthrate and population aging is expected to bring greater diversity to production activity and consumer behavior as a result of population decline and changes in the age structure」
The company continues to recognize structurally that the declining birthrate, population decline, and changes in the age structure will change production activity and consumer behavior. - FY2018RestatedAnnual report
「Over the medium to long term, the further progression of the declining birthrate and population aging, together with population decline and changes in the age structure, is expected to have a significant impact on production activity and consumer behavior.」
The structural risk that the declining birthrate, population decline, and changes in the age structure will affect production activity and consumer behavior continues to be disclosed. - FY2017First statedAnnual report
「Over the medium to long term, the further progression of the declining birthrate and population aging, together with population decline and changes in the age structure, is certain to have a significant impact on production activity and consumer behavior.」
A new structural risk has been identified: the declining birthrate, population decline, and changes in the age structure will affect future production activity and consumer behavior.