Downsizing and lower prices for Buddhist altars, altar fittings and graves
First written in FY2017-Q1. 15 of 24 entries say "Restated". Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023WorsenedAnnual report
「Although the number of funerals in Japan was 496,808 in fiscal 2022, showing an upward trend since fiscal 2009, unit prices are trending downward as views on funerals, Buddhist altars and graves have diversified and become more oriented toward smaller-scale services.」
The company updates the number of funerals to 496,808 and states that unit prices continue to fall as services become smaller in scale. - FY2023-Q3RestatedAnnual report
「Funerals are also continuing to become smaller for the same reasons, while the COVID-19 pandemic has further intensified this trend and unit prices continue to decline.」
The company describes the continued reduction in funeral size and the decline in unit prices caused by the COVID-19 pandemic. - FY2023-Q1WorsenedAnnual report
「In the funeral services business, unit prices continue to decline after the COVID-19 pandemic accelerated the trend toward nuclear families and smaller funerals.」
In addition to the previous reduction in funeral size and unit prices, the company states that the COVID-19 pandemic accelerated the shift toward nuclear families and smaller funerals. - FY2022-Q3RestatedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
The company states that Buddhist altars, related fittings and graves are continuing to become smaller and lower-priced, while funeral size and unit prices in the funeral services business continue to decline. - FY2022-Q2RestatedAnnual report
「In the funeral services business, unit prices continue to decline as nuclear families become more common and funerals become smaller in scale.」
The company continues to describe the reduction in funeral size and unit prices in the funeral services business. - FY2022-Q1RestatedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
The company continues to state that Buddhist altars, related fittings and graves are becoming smaller and lower-priced, while funerals are becoming smaller and unit prices in the funeral services business are declining. - FY2021-Q3RestatedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, funerals are rapidly becoming smaller and the number of attendees is declining, with unit prices continuing to fall.」
The company reiterates the ongoing shift toward smaller, lower-priced Buddhist altars and graves, as well as the continued reduction in funeral size, number of attendees and unit prices in the funeral services business. - FY2021-Q2WorsenedAnnual report
「The graves business has also been affected by a sharp decline in the number of site visits because of calls to refrain from nonessential and nonurgent outings. In the funeral services business, funerals are rapidly becoming smaller and the number of attendees is declining, with unit prices continuing to fall.」
In addition to the previous impact of postponed purchases, the company specifies a sharp decline in site visits in the graves business and the rapid reduction in funeral size and number of attendees in the funeral services business. - FY2021-Q1MaterialisedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. The business is also being affected by customers postponing purchases because of calls to refrain from nonessential and nonurgent outings. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
In addition to the ongoing shift toward smaller, lower-priced products, the company describes the actual demand impact of the spread of COVID-19, namely postponed purchases because of calls to refrain from going out. - FY2020WorsenedAnnual report
「Although the number of funerals in Japan was 446,724 in fiscal 2019, showing an upward trend since fiscal 2009 (source: Ministry of Economy, Trade and Industry, Current Survey of Selected Service Industries), unit prices are trending downward as views on funerals, Buddhist altars and graves have diversified and become more oriented toward smaller-scale services.」
The company updates the number of funerals to 446,724 and states that funerals, Buddhist altars and graves are continuing to become smaller in scale, with unit prices declining. - FY2020-Q2RestatedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
The company reiterates the ongoing shift toward smaller, lower-priced Buddhist altars and graves and the continued decline in unit prices in the funeral services business. - FY2020-Q1RestatedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
The company reiterates the ongoing shift toward smaller, lower-priced Buddhist altars and graves and the continued decline in unit prices in the funeral services business. - FY2019WorsenedAnnual report
「Although the number of funerals in Japan was 439,866 in fiscal 2018, showing an upward trend since fiscal 2009 (source: Ministry of Economy, Trade and Industry, Current Survey of Selected Service Industries), unit prices are trending downward as views on funerals, Buddhist altars and graves have diversified and become more oriented toward smaller-scale services.」
The company specifies 439,866 funerals and states that funerals, Buddhist altars and graves are continuing to become smaller in scale, resulting in falling unit prices. - FY2019-Q3RestatedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
The company reiterates the ongoing shift toward smaller, lower-priced Buddhist altars and graves and the continued decline in unit prices in the funeral services business. - FY2019-Q2RestatedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
The company reiterates its view that Buddhist altars, related fittings and graves are continuing to become smaller and lower-priced, while unit prices in the funeral services business continue to decline. - FY2019-Q1RestatedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
The company reiterates the ongoing shift toward smaller, lower-priced Buddhist altars and graves and the continued decline in unit prices in the funeral services business. - FY2018WorsenedAnnual report
「However, for Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and the diversification of their lifestyles and values. In the funeral services business, unit prices also continue to decline as nuclear families become more common and funerals become smaller in scale.」
In addition to the ongoing shift toward smaller, lower-priced Buddhist altars and graves, the company explicitly notes that unit prices in the funeral services business are declining as nuclear families become more common and funerals become smaller in scale, broadening the scope of the impact. - FY2018-Q3RestatedAnnual report
「For Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and increasingly diverse lifestyles and values.」
The company reiterates its view that purchased products such as Buddhist altars, related fittings and graves are continuing to shift toward smaller, lower-priced offerings. - FY2018-Q2RestatedAnnual report
「For Buddhist altars, related fittings, graves and other products, purchases are continuing to shift toward smaller, lower-priced offerings, reflecting consumers' cost-consciousness and increasingly diverse lifestyles and values.」
The company reiterates that purchased products such as Buddhist altars, related fittings and graves are continuing to shift toward smaller, lower-priced offerings. - FY2018-Q1RestatedAnnual report
「For Buddhist altars, related fittings, graves and other products, the trend toward smaller, simpler purchases resulting from consumers' cost-consciousness and changes in lifestyles and values has led to continued price reductions.」
The company reiterates that purchased products such as Buddhist altars, related fittings and graves are continuing to become smaller, simpler and lower-priced. - FY2017WorsenedAnnual report
「Although the number of funerals in Japan was 420,585 in fiscal 2016, showing an upward trend since fiscal 2009 (source: Ministry of Economy, Trade and Industry, Current Survey of Selected Service Industries), unit prices are trending downward as views on funerals, Buddhist altars and graves have diversified and become more oriented toward smaller-scale services.」
In addition to the ongoing shift toward smaller, lower-priced Buddhist altars and graves, the company cites the number of funerals and explicitly notes that unit prices are falling as funerals, Buddhist altars and graves become smaller in scale. It also refers to the possibility of market contraction, providing a more specific description of the risks. - FY2017-Q3RestatedAnnual report
「In Buddhist altars and fittings, graves and related products, the trend toward smaller and lower-priced purchased products, resulting from users' preference for frugality and changes in lifestyles and values, continues.」
The company reiterates that purchased products such as Buddhist altars, related fittings and graves are continuing to shift toward smaller, lower-priced offerings. - FY2017-Q2RestatedAnnual report
「In Buddhist altars and fittings, graves and related products, the trend toward smaller and lower-priced purchased products, resulting from users' preference for frugality and changes in lifestyles and values, continues.」
The company reiterates that Buddhist altars, related fittings, graves and other products are continuing to shift toward smaller, lower-priced offerings. - FY2017-Q1First statedAnnual report
「In Buddhist altars and fittings, graves and related products, the trend toward smaller and lower-priced purchased products, resulting from users' preference for frugality and changes in lifestyles and values, continues.」
The company explains that purchases are continuing to shift toward smaller, lower-priced products, driven by cost-conscious consumers and changes in lifestyles and values.