Contraction of the Traditional Japanese Clothing and Kimono Market
First written in FY2016. 8 of 14 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024Expected slight decline after market recoveryAnnual report
「The market size was ¥221 billion in 2022, ¥224 billion in 2023 and is forecast at ¥223 billion in 2024 (Yano Research Institute, Kimono Industry Yearbook 2024). With COVID-19 reclassified as a Category 5 infectious disease in 2023, restrictions on activities were lifted and opportunities to wear kimono have begun to increase.」
The traditional Japanese clothing market recovered from ¥221 billion in 2022 to ¥224 billion in 2023, while a slight decline to ¥223 billion is forecast for 2024. The disclosure also cites an increase in opportunities to wear kimono following the lifting of activity restrictions. - FY2023Continued market recoveryAnnual report
「The market size was ¥211 billion in 2021 and is forecast at ¥221 billion in 2022 (Yano Research Institute, Kimono Industry Yearbook 2022), indicating a recovery from the decline caused by COVID-19.」
The traditional Japanese clothing market is expected to recover from ¥211 billion in 2021 to a forecast ¥221 billion in 2022. Meanwhile, the risk of an impact on business performance if the market's downward trend continues remains. - FY2022Low market size and recoveryAnnual report
「The market had shown signs of bottoming out in recent years. However, in 2020, restrictions on milestone life events resulted from the spread of COVID-19. The market size in 2021 was ¥211 billion (Yano Research Institute, Kimono Industry Yearbook 2022), and the market has been recovering from the decline caused by COVID-19.」
While stating that the traditional Japanese clothing market had recovered from the decline caused by COVID-19, the disclosure gives the 2021 market size as ¥211 billion. The risk of an impact on business performance if market contraction continues also remains. - FY2020WorsenedAnnual report
「In recent years, the market size has remained around ¥260 billion (Yano Research Institute, Kimono Industry Yearbook 2020), suggesting that the decline has bottomed out.」
While maintaining the view that the traditional Japanese clothing market has bottomed out, the disclosure notes that the market size has declined from the previous level of around ¥280 billion to around ¥260 billion. - FY2020-Q3RestatedAnnual report
「In the kimono industry, sales across the market had continued to trend slightly lower, but recently kimono sales and related business have begun to gain momentum, driven mainly by furisode rental demand and kimono dressing classes」
While recognizing that sales across the traditional Japanese clothing market have been trending slightly lower, the disclosure continues to cite more active sales driven by furisode rental demand and kimono dressing classes. - FY2019-Q2RestatedAnnual report
「In the kimono industry, the market had continued to contract due to the aging of artisans and other producers at production-area workshops and changes in consumers' life cycles, but recently kimono sales and related business have begun to gain momentum, driven mainly by furisode rental demand and kimono dressing classes」
While continuing to recognize the downward trend in the traditional Japanese clothing market resulting from the aging of producers and changes in consumers' life cycles, the disclosure also cites more active sales driven by rental demand and kimono dressing classes. - FY2019-Q1RestatedAnnual report
「In the kimono industry, the market had continued to contract due to the aging of artisans and other producers at production-area workshops and changes in consumers' life cycles, but recently kimono sales and related business have begun to gain momentum, driven mainly by furisode rental demand and kimono dressing classes」
While continuing to recognize the market's downward trend resulting from the aging of producers and changes in consumers' life cycles, the disclosure also cites more active sales driven by rental demand and kimono dressing classes. - FY2018-Q3RestatedAnnual report
「In the kimono industry, the market had continued to contract due to the aging of artisans and other producers at production-area workshops and changes in consumers' life cycles, but」
The disclosure continues to recognize the downward trend in the traditional Japanese clothing market caused by the aging of producers and changes in consumers' life cycles. It also cites more active sales driven by rental demand and kimono dressing classes. - FY2018-Q1RestatedAnnual report
「In the kimono industry, the market had continued to contract due to the aging of artisans and other producers at production-area workshops and changes in consumers' life cycles, but」
While continuing to recognize the downward trend in the traditional Japanese clothing market, the disclosure also cites more active sales driven mainly by furisode rental demand and kimono dressing classes, as well as the shift from ownership to use. - FY2017SoftenedAnnual report
「The market size has remained around ¥280 billion (Yano Research Institute, Kimono Industry Yearbook 2017), suggesting that the decline has bottomed out.」
While the market's downward trend remains a risk, the disclosure now states that the market size has remained around ¥280 billion and appears to have bottomed out. - FY2017-Q3RestatedAnnual report
「In the kimono industry, the market had continued to contract due to the aging of artisans and other producers at production-area workshops and changes in consumers' life cycles, but」
The disclosure continues to identify the downward trend in the traditional Japanese clothing market. It also cites more active sales driven by furisode rentals and kimono dressing classes, as well as the shift from ownership to use. - FY2017-Q2RestatedAnnual report
「In the kimono industry, the market had continued to contract due to the aging of artisans and other producers at production-area workshops and changes in consumers' life cycles, but」
The disclosure recognizes that the downward trend in the traditional Japanese clothing market has continued. - FY2017-Q1RestatedAnnual report
「In the kimono industry, the market had continued to contract due to the aging of artisans and other producers at production-area workshops and changes in consumers' life cycles」
While recognizing that the downward trend in the traditional Japanese clothing market has continued, the disclosure also cites more active sales driven by rental demand and kimono dressing classes. - FY2016First statedAnnual report
「In the kimono industry, the market had continued to contract due to the aging of artisans and other producers at production-area workshops and changes in consumers' life cycles, but the market size remained broadly flat at around ¥280 billion」
While identifying the continued possibility of market contraction as a risk, the disclosure explains demand creation through kimono dressing classes, events and SPA operations.