Consumption Tax Rate Increase and the Difficulty of Passing Higher Costs on to Prices
First written in FY2018. 11 of 13 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「However, if passing the increase on to prices becomes difficult due to delays in capital investment in the system or other factors, this may affect our business and financial results.」
While promoting electronic payment systems as a means of passing the increase on to prices, the risk of delays in capital investment continues to be disclosed. - FY2025RestatedAnnual report
「However, if passing the increase on to prices becomes difficult due to delays in capital investment in the system or other factors, this may affect our business and financial results.」
While promoting electronic payments such as electronic money and QR codes as a means of passing the increase on to prices, the risk of delays in capital investment continues to be disclosed. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
States that there have been no material changes in the risks associated with the consumption tax rate increase and the difficulty of passing the increase on to prices. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes in the risks associated with the consumption tax rate increase and the difficulty of passing the increase on to prices. - FY2022RestatedAnnual report
「As the use of electronic payment systems such as electronic money and QR codes will make it possible to change prices, our group will continue to actively promote the introduction of these systems.」
The introduction of electronic money, QR codes and similar systems continues to be promoted as a means of passing the consumption tax increase on to prices. - FY2021RestatedAnnual report
「However, if capital investment in the system does not proceed smoothly and the increase cannot be passed on to prices, this may affect our business and financial results.」
Even after the consumption tax rate was increased to 10%, the policy of changing prices through the introduction of payment systems such as electronic money and QR codes, and the risk that capital investment may not proceed, continue to be disclosed. - FY2020-Q3MaterialisedAnnual report
「The amusement industry to which the company belongs remains in a challenging operating environment, as consumer thrift, accelerated by last year’s consumption tax increase, persists.」
The planned consumption tax rate increase was implemented, and its impact on the operating environment is described as a strengthening of consumers' preference for saving. - FY2020-Q1RestatedAnnual report
「The amusement industry remains in a challenging operating environment amid intensifying regional competition, entrenched consumer thrift, and the planned increase in the consumption tax rate in October this year.」
The planned increase in the consumption tax rate in October 2019 continues to be cited as a factor contributing to the industry's challenging operating environment. - FY2019RestatedAnnual report
「The consumption tax rate is scheduled to increase to 10% from October 2019.」
The timing of the increase in the consumption tax rate to 10% has been specified, and changes to pricing through the introduction of payment systems such as electronic money continue to be considered. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes in the risks associated with the consumption tax rate increase and the difficulty of passing the increase on to prices. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes in the risks associated with the consumption tax rate increase and the difficulty of passing the increase on to prices. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes in the business and other risks. - FY2018First statedAnnual report
「The consumption tax rate was raised to 8% in April 2014 and may eventually be increased to 10%.」
It indicates that passing on tax increases may be difficult under a pricing structure based on cash payments in ¥100 increments inclusive of tax. The Company is also considering introducing new payment systems such as electronic money.