Declining Number of Handcrafting Users Due to Diversification of Hobbies and the Aging of Enthusiasts
First written in FY2022-Q3. 7 of 11 entries say "Restated". Latest entry: 2026-05-14.
1 other company's latest entry also says "Restated".
- 2026-05-14RestatedEarnings presentation
「Demand associated with preparation for starting kindergarten or school is trending downward」
The company continued to specifically identify the downward trend in demand related to preparations for starting kindergarten or school. - FY2025RestatedAnnual report
「The handicrafts and publishing industries in which the group operates continue to face an increasingly challenging operating environment, including higher costs due to soaring raw material prices, intensifying competition from ¥100 shops expanding their handicrafts sections, increasingly diverse hobbies and a declining user base due to the aging of enthusiasts.」
The company continues to describe higher raw material prices, competition from ¥100 shops, and a declining user base due to increasingly diverse hobbies and the aging of enthusiasts as a challenging environment. - FY2024-Q3RestatedAnnual report
「The handicrafts and publishing industries in which the group operates continue to face an increasingly challenging operating environment, including intensifying competition from ¥100 shops expanding their handicrafts sections, increasingly diverse hobbies and a declining user base due to the aging of enthusiasts.」
The company continues to describe competition from ¥100 shops and a declining user base due to increasingly diverse hobbies and the aging of enthusiasts as a challenging operating environment. - FY2024-Q2RestatedAnnual report
「As the handicrafts population declines against a backdrop of Japan’s declining birthrate, aging population and increasingly diverse hobbies, the group’s customer numbers also declined amid stronger selectivity in spending resulting from higher consumer prices.」
The company continues to cite declines in the handicrafts population and customer numbers against a backdrop of a declining birthrate, an aging population, increasingly diverse hobbies and greater selectivity in spending due to higher prices. - FY2024-Q1WorsenedAnnual report
「In addition to consumers’ increasingly outward-oriented preferences, the stronger selectivity in spending on non-essential goods resulting from higher consumer prices led to a decline in customer numbers that exceeded expectations.」
The company explained that customer numbers declined more than expected against a backdrop of greater selectivity in spending, providing further detail on the decline in demand. - FY2023WorsenedAnnual report
「The operating environment is becoming increasingly challenging due to higher costs from soaring raw material prices, increasingly diverse hobbies, a declining handicrafts population as enthusiasts age, and intensifying competition in some areas from ¥100 shops expanding their handicrafts sections.」
The company continues to cite the existing factors of declining demand, intensifying competition and higher costs, describing the operating environment as having become increasingly challenging. - FY2023-Q3RestatedAnnual report
「The handicrafts and publishing industries in which the group operates continue to face a challenging operating environment, including higher costs due to soaring raw material prices, intensifying competition from ¥100 shops expanding their handicrafts sections, increasingly diverse hobbies and a declining user base due to the aging of enthusiasts.」
The company continues to identify higher raw material prices, competition from ¥100 shops, and a declining user base due to increasingly diverse hobbies and the aging of enthusiasts as operating-environment risks. - FY2023-Q2RestatedAnnual report
「The handicrafts and publishing industries in which the group operates continue to face a challenging operating environment, including higher costs due to soaring raw material prices, intensifying competition from ¥100 shops expanding their handicrafts sections, increasingly diverse hobbies and a declining user base due to the aging of enthusiasts.」
The company continues to cite higher raw material prices, competition from ¥100 shops, and a declining user base due to increasingly diverse hobbies and the aging of enthusiasts. - FY2023-Q1RestatedAnnual report
「The handicrafts industry continues to face a challenging operating environment, including higher costs, intensifying competition from ¥100 shops expanding their handicrafts sections, increasingly diverse hobbies and a declining user base due to the aging of enthusiasts.」
The company continues to cite competition from ¥100 shops and a declining user base due to increasingly diverse hobbies and the aging of enthusiasts. - FY2022WorsenedAnnual report
「The operating environment is expected to remain challenging. Demand from people staying at home has subsided, hobbies have diversified and the user base has declined as enthusiasts have aged. In addition, competition has intensified in some areas with ¥100 shops expanding their handicrafts sections.」
In addition to the existing factors of increasingly diverse hobbies and an aging user base, the company explicitly identified the easing of stay-at-home demand and competition from ¥100 shops, broadening the factors contributing to declining demand. - FY2022-Q3First statedAnnual report
「The user base is trending downward against a backdrop of increasingly diverse hobbies and the aging of enthusiasts.」
The company identifies the structural contraction in demand in the handicrafts industry as an ongoing risk in its operating environment.