Volatility in demand for household equipment due to adverse weather
First written in FY2018-Q3. 2 of 3 entries say "Materialised", first in FY2018. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1MaterialisedAnnual report
「Demand for the core cold-storage units continued to slow and sales struggled, as falling rice prices and higher material costs were compounded by adverse weather.」
Adverse weather materialized as slower demand and sluggish sales growth for rice-related household equipment. - FY2018MaterialisedAnnual report
「In particular, sales of agricultural produce cold-storage units and rice containers with cooling functions, products for farmers, were difficult due to external factors such as prolonged rain, low temperatures, and typhoons.」
The Company stated that prolonged rain, low temperatures, and typhoons actually affected weak sales of its core household equipment products. - FY2018-Q3First statedAnnual report
「Cold-storage units and insulated rice containers, the main products for farmers, and microwave stands, a product for general households, performed weakly in line with the effects of unsettled weather and cooling consumption trends.」
The Company first explicitly stated that adverse weather affected weak sales of household equipment for farmers and general households.