Demand fluctuations driven by apparel consumption trends and adverse weather conditions
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2024.
Shima Seiki Mfg. moved to the "Worse" side of this theme in 2024, 5 years after the typical company in this theme (2019).
The whole theme swung hardest in 2018: 2 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「As a result of the impact of changes in consumers’ lifestyles and consumption patterns, growing environmental awareness, including responses to sustainability issues, stagnant economic activity, and adverse weather conditions such as mild winters, domestic and overseas knitwear manufacturers, which are major customers, may significantly reduce capital investment in flat knitting machines and other equipment.」
The company has reconfirmed the risk of declining capital investment resulting from changes in consumer behavior, environmental awareness, economic activity and adverse weather conditions such as mild winters. - FY2024-Q3MaterialisedAnnual report
「In the Turkish market in the Middle East, orders from fast-fashion apparel manufacturers weakened due to domestic inflation, the euro-area economic slowdown and the impact of the mild winter, and sales of computerised flat knitting machines declined from the previous period.」
A mild winter was specifically identified as one factor behind weak orders from fast-fashion apparel companies and lower sales of computerized flat knitting machines. - FY2019RestatedAnnual report
「In addition, adverse weather conditions, including extremely hot summers, mild winters and wind and flood damage, are major factors determining market trends in apparel and could affect the Group’s operating results and financial position.」
The company has reconfirmed the risk of demand fluctuations driven by apparel consumption trends and adverse weather conditions. - FY2018RestatedAnnual report
「In addition, adverse weather conditions, including extremely hot summers, mild winters and wind and flood damage, are major factors determining market trends in apparel and could affect the Group’s operating results and financial position.」
The company has reconfirmed the risk of demand fluctuations driven by apparel consumption trends and adverse weather conditions. - FY2017First statedAnnual report
「In addition, adverse weather conditions, including extremely hot summers, mild winters and wind and flood damage, are major factors determining market trends in apparel and could affect the Group’s operating results and financial position.」
The company identifies demand risk arising from the fact that apparel customers’ in-store sales are affected by consumer sentiment, trends and weather.