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Echo Trading (7427) · RiskMitigated

Demand volatility risk arising from changes in pet populations

First written in FY2017. 11 of 13 entries say "Restated". Latest entry: FY2026.

13entries
10years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2017 – FY2026-H12017: 120172018: 220182019: 220192020: 120202021: 020212022: 120222023: 220232024: 220242025: 120252026: 12026
Same theme, other companies
Reduced Demand for Pet Supplies Due to Shortages of Live Pets and a Decline in the Number of Pets KeptA theme 7 companies write about · 7 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Mitigated".

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Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Through its events business, the Group provides opportunities for people and pets to interact, where participants can experience the joy of living with pets and the benefits of doing so, and seeks to reduce risk by increasing the number of new pet owners.」

    The company explicitly identifies increasing the number of new pet owners through events as a response to the risk of demand fluctuations caused by a decline in the number of pets.
  2. FY2026-H1RestatedAnnual report

    「The decline in the number of dogs kept as pets, heightened consumer thriftiness amid various price increases, rising personnel, raw material and logistics costs, and price competition at every stage of distribution, among other factors」

    The company continues to disclose environmental risks affecting the number of pets and demand, including the decline in the number of dogs kept as pets, together with consumer thriftiness and rising costs.
  3. FY2025-Q1RestatedAnnual report

    「In the pet industry, the number of dogs kept as pets continues to decline, purchase prices continue to rise due to higher crude oil and raw material prices, personnel costs continue to increase due to labor shortages, and various other costs, including electricity and delivery costs, continue to rise, leaving the business environment surrounding the pet market challenging.」

    The company has reconfirmed the challenging environment surrounding the pet market as the number of dogs kept as pets continues to decline.
  4. FY2024-Q3RestatedAnnual report

    「In the pet industry, the number of dogs kept as pets continues to decline, purchase prices continue to rise due to higher crude oil and raw material prices, personnel costs continue to increase due to labor shortages, and various other costs, including electricity and delivery costs, continue to rise, leaving the business environment surrounding the pet market challenging.」

    The company has reconfirmed the challenging environment surrounding the pet market as the number of dogs kept as pets continues to decline.
  5. FY2024-Q2RestatedAnnual report

    「In the pet industry, the number of dogs kept as pets continues to decline, purchase prices continue to rise due to higher crude oil and raw material prices, personnel costs continue to increase due to labor shortages, and various other costs, including electricity and delivery costs, continue to rise, leaving the business environment surrounding the pet market challenging.」

    The company has reconfirmed the challenging environment surrounding the pet market as the number of dogs kept as pets continues to decline.
  6. FY2024-Q1RestatedAnnual report

    「In the pet industry, the number of dogs kept as pets continues to decline, purchase prices continue to rise due to higher crude oil and raw material prices, personnel costs continue to increase due to labor shortages, and various other costs, including electricity and delivery costs, continue to rise, leaving the business environment surrounding the pet market challenging.」

    The company has reconfirmed the challenging environment surrounding the pet market as the number of dogs kept as pets continues to decline.
  7. FY2022RestatedAnnual report

    「In the pet industry, the number of cats kept as pets increased for the first time in 3 years from fiscal 2018, but the number of dogs kept as pets continues to decline, and the growth rate of the pet market is slowing.」

    While noting the partial improvement represented by the increase in the number of cats kept as pets, the company continues to face a decline in the number of dogs kept as pets and slowing market growth.
  8. FY2020RestatedAnnual report

    「The operating environment remains affected by continued deflation-driven preferences for low prices and thriftiness, while the growth rate of the pet-related market is slowing, mainly due to the decline in the number of dogs kept as pets and the smaller size of pets.」

    The company has reconfirmed that the growth rate of the pet-related market is slowing against a backdrop of the decline in the number of dogs kept as pets and the smaller size of pets.
  9. FY2019RestatedAnnual report

    「As the Group's principal business is the wholesale of pet food and supplies, changes in the number of pets could affect the Group's operating results.」

    The company continues to face the risk of fluctuations in demand and operating results due to changes in the number of pets.
  10. FY2019-Q3RestatedAnnual report

    「Although signs of increased demand have emerged in the pet industry, including a recovery in personal consumption and an increase in the number of cats kept as pets due to their growing popularity, the number of dogs kept as pets continues to decline, and the pet-related market has remained broadly flat.」

    The company has reconfirmed that the number of cats kept as pets is increasing while the number of dogs kept as pets continues to decline, leaving the pet-related market broadly flat.
  11. FY2019-Q1RestatedAnnual report

    「Although signs of increased demand have emerged in the pet industry, including a recovery in personal consumption and an increase in the number of cats kept as pets due to their growing popularity, the number of dogs kept as pets continues to decline, and the pet-related market has remained broadly flat.」

    The company has reconfirmed the situation surrounding the risk of demand fluctuations caused by changes in the number of pets, with the number of cats kept as pets increasing while the number of dogs kept as pets continues to decline.
  12. FY2018RestatedAnnual report

    「As the Group's principal business is the wholesale of pet food and supplies, changes in the number of pets could affect the Group's operating results.」

    The company continues to disclose the risk of fluctuations in demand and operating results due to changes in the number of pets.
  13. FY2017First statedAnnual report

    「As the Group's principal business is the wholesale of pet food and supplies, changes in the number of pets could affect the Group's operating results.」

    The company states that changes in the number of pets could affect demand for pet food and supplies and operating results.
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Demand volatility risk arising from changes in pet populations | ECHO TRADING CO.,LTD. (7427) | Komori