Contraction of the traditional wedding ceremony and reception market
First written in FY2021-Q3. 12 of 14 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 5 of 10 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In the bridal industry, the number of marriages, which had continued to decline, has bottomed out and showed a slight recovery in 2024. However, the traditional wedding ceremony and reception market continues to fall short of a full recovery.」
While recognizing that the number of marriages has bottomed out and recovered slightly, it continues to state that the traditional wedding ceremony and reception market has yet to achieve a full recovery. - FY2025RestatedAnnual report
「In the bridal industry, although the sharp decline in the number of marriages from the pandemic has begun to level off, the traditional wedding ceremony and reception market continues to fall short of a full recovery.」
While noting that the sharp decline in the number of marriages has begun to level off, it continues to state that the traditional wedding ceremony and reception market has yet to achieve a full recovery. - FY2025-H1RestatedAnnual report
「In the bridal industry, the sharp decline in the number of marriages from the pandemic was brought to a halt in 2024. However, the long-term declining trend associated with population decline is expected to continue, and, together with the accelerated change in attitudes toward weddings, the recovery in the rate of wedding ceremonies and receptions being held, in particular, has yet to be achieved.」
While stating that the sharp decline in the number of marriages has been brought to a halt, it continues to note the long-term declining trend caused by population decline and the lack of recovery in the rate of wedding ceremonies and receptions being held. - FY2024-Q2RestatedAnnual report
「In the bridal industry, the number of marriages, which declined during the pandemic, has yet to recover. Together with the accelerated change in attitudes toward weddings during the pandemic, this means that a full recovery has yet to be achieved.」
It continues to explain that the bridal market has yet to achieve a full recovery because the number of marriages has not recovered and attitudes toward marriage have changed. - FY2024-Q1WorsenedAnnual report
「In the bridal industry, the number of marriages, which declined during the pandemic, has yet to recover. Together with the accelerated change in attitudes toward weddings during the pandemic, this means that a full recovery has yet to be achieved.」
It explicitly states that the traditional bridal market has not seen a recovery in the number of marriages and has yet to achieve a full recovery, reinforcing the explanation of the delayed recovery. - FY2023RestatedAnnual report
「In the traditional wedding ceremony and reception business, although the number of events held remains below pre-pandemic levels, it is recovering, and average spending per wedding continues to rise against a backdrop of surging prices.」
While recognizing a recovery in the number of events held and average spending per wedding, it explains that the wedding ceremony and reception market remains below pre-pandemic levels and that the outlook for the number of marriages is uncertain. - FY2023-Q3RestatedAnnual report
「In the bridal industry, although the number of events held in the traditional wedding ceremony and reception business remains below pre-pandemic levels, it is recovering, and average spending per wedding continues to rise against a backdrop of surging prices. The number of marriages, which declined during the pandemic, is expected to recover in the future, but the outlook remains uncertain. The bridal industry continues to be required to adapt to the diversification of attitudes toward marriage.」
While recognizing a recovery in the number of events held and average spending per wedding, it continues to note that levels remain below pre-pandemic levels, that the outlook for the number of marriages is uncertain, and that the industry must respond to diversifying attitudes toward marriage. - FY2023-Q2RestatedAnnual report
「In the bridal industry, the number of events held in the traditional wedding ceremony and reception business is recovering, but remains below pre-pandemic levels, partly due to the accelerated change in attitudes toward weddings during the pandemic. The number of guests is also showing signs of recovery as activity restrictions have eased, but remains on a declining trend compared with pre-pandemic levels, and a full recovery has yet to be achieved.」
While recognizing signs of recovery in the number of events held and the number of guests, it continues to explain that both remain below pre-pandemic levels and that a full recovery has yet to be achieved. - FY2023-Q1RestatedAnnual report
「In the traditional wedding ceremony and reception business, the number of events held is recovering in some areas. However, together with the accelerated change in attitudes toward weddings during the pandemic, it remains below pre-pandemic levels. Although efforts are being made to meet customer needs by shifting to online and small-group weddings, the situation remains difficult, partly because the decline in the number of guests has reduced average spending per event, and a full recovery has yet to be achieved.」
While recognizing a partial recovery in the number of events held, it continues to explain that the figure remains below pre-pandemic levels, average spending per event has declined due to the lower number of guests, and a full recovery has yet to be achieved. - FY2022RestatedAnnual report
「In the bridal industry, the number of events held in the traditional wedding ceremony and reception business is recovering in some areas. However, together with the accelerated change in attitudes toward weddings during the pandemic, it remains below pre-pandemic levels. Although efforts are being made to meet customer needs by shifting to online and small-group weddings, the situation remains difficult, partly because the decline in the number of guests has reduced average spending per event, and a full recovery has yet to be achieved.」
While recognizing a partial recovery in the number of events held, it continues to explain that the figure remains below pre-pandemic levels, average spending per event has declined due to the lower number of guests, and a full recovery has yet to be achieved. - FY2022-Q3RestatedAnnual report
「In the bridal industry, the number of events held in the traditional wedding ceremony and reception business is recovering in some areas. However, together with the accelerated change in attitudes toward weddings during the pandemic, it remains below pre-pandemic levels. Although efforts are being made to meet customer needs by shifting to online and small-group weddings, the situation remains difficult, partly because the decline in the number of guests has reduced average spending per event.」
While recognizing a partial recovery in the number of events held, it continues to explain that the figure remains below pre-pandemic levels and that average spending per event has declined due to the lower number of guests. - FY2022-Q2RestatedAnnual report
「In the bridal industry, the number of events held in the traditional wedding ceremony and reception business is recovering in some areas. However, together with the accelerated change in attitudes toward weddings during the pandemic, it remains below pre-pandemic levels. Although efforts are being made to meet customer needs by shifting to online and small-group weddings, the situation remains difficult, partly because the decline in the number of guests has reduced average spending per event.」
While recognizing a recovery in the number of events held, it continues to explain that the figure remains below pre-pandemic levels and that average spending per event has declined due to the lower number of guests. - FY2022-Q1RestatedAnnual report
「In the traditional wedding ceremony and reception business, the number of events held is recovering following the lifting of declarations of a state of emergency and other measures. However, together with the accelerated change in attitudes toward weddings during the pandemic, it remains below pre-pandemic levels. Although efforts are being made to meet customer needs by shifting to online and small-group weddings, the situation remains difficult, partly because the decline in the number of guests has reduced average spending per event.」
It explains that the number of events held is recovering but remains below pre-pandemic levels, while lower average spending per event due to the decline in the number of guests also continues. - FY2021-Q3First statedAnnual report
「In the traditional wedding ceremony and reception business, the content of ceremonies and receptions has been restricted by efforts to avoid the “three Cs” out of consideration for guests, as well as by measures such as declarations of a state of emergency. The number of ceremonies and receptions held has continued to decline due to postponements and cancellations.」
It also notes a shift toward online and small-group weddings, but describes the market environment as difficult, with lower average spending per event due to the decline in the number of guests.