Uncertainty surrounding personal consumption as consumers’ preference for low prices and thrift becomes entrenched
First written in FY2018-Q2. 5 of 8 entries say "Restated". Latest entry: FY2026.
Ichikura moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
20 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Meanwhile, the outlook remains uncertain due to the impact of U.S. trade policy, as well as inflation resulting from persistently high energy and raw material prices and the resulting increase in consumers’ preference for thrift-oriented spending.」
In addition to the existing concerns regarding disposable income and the preference for low prices, the disclosure describes U.S. trade policy, persistently high energy and raw material prices, and the increase in thrift-oriented spending resulting from inflation. - FY2021-Q3RestatedAnnual report
「As the novel coronavirus infection spread, economic activity and personal consumption stagnated and economic conditions deteriorated rapidly.」
The stagnation of personal consumption and uncertainty in the outlook continue to be described. In addition to the preference for low prices and thrift-oriented spending, the stagnation of economic activity caused by the infection has continued. - FY2021-Q2RestatedAnnual report
「As the novel coronavirus infection spread worldwide, economic activity and personal consumption stagnated and economic conditions deteriorated rapidly. Even after the Government lifted the state of emergency, recovery in economic activity remained sluggish and the outlook continued to be uncertain.」
The stagnation of economic activity and personal consumption and the resulting uncertainty in the outlook continue to be described in connection with the spread of the infection. - FY2021-Q1MaterialisedAnnual report
「Personal consumption fell sharply amid the severe impact of the spread of the novel coronavirus infection, as people refrained from going out following the declaration of a state of emergency and local governments requested that businesses refrain from operating.」
The risk of an uncertain outlook for personal consumption was supported by an actual disclosure of a sharp decline in personal consumption against the backdrop of the spread of the infection, restrictions on going out and requests for businesses to suspend operations. - FY2019-Q2RestatedAnnual report
「Personal consumption remained uncertain due to sluggish growth in disposable income and the entrenched preference for low prices and thrift-oriented spending.」
The uncertainty surrounding personal consumption due to sluggish growth in disposable income and the entrenched preference for low prices and thrift-oriented spending continues to be described as an external risk. - FY2019-Q1RestatedAnnual report
「Personal consumption continues to face an uncertain outlook due to sluggish growth in disposable income and the entrenched preference for thrift-oriented spending.」
The uncertainty surrounding personal consumption due to sluggish growth in disposable income and the entrenched preference for thrift-oriented spending continues to be described as an external risk. - FY2018-Q3RestatedAnnual report
「Personal consumption remained uncertain due to sluggish growth in disposable income and the persistent preference for low prices and thrift-oriented spending.」
The uncertainty surrounding personal consumption due to sluggish growth in disposable income and the entrenched preference for low prices and thrift-oriented spending continues to be described as an external risk. - FY2018-Q2First statedAnnual report
「Personal consumption remained uncertain due to sluggish growth in disposable income and the entrenched preference for low prices and thrift-oriented spending.」
Sluggish growth in disposable income and the entrenchment of low-price and thrift-oriented spending were identified for the first time as external conditions making the outlook for personal consumption uncertain.