Impact of the October 2019 consumption tax increase on domestic consumption
First written in FY2019. 2 of 4 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2020.
Doshisha moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Materialised".
- FY2020MaterialisedAnnual report
「Sales of high-priced watches, branded bags and other products fell below the same period of the previous year, affected by restrained purchasing after the consumption tax increase and concerns over the spread of COVID-19.」
Restrained purchasing after the consumption tax increase and concerns over the spread of COVID-19 were reflected in actual sales of high-priced watches and branded bags falling below the same period of the previous year. - FY2020-Q3MaterialisedAnnual report
「Sales of high-priced watches, branded bags and other products fell below the same period of the previous year, affected by restrained purchasing and a stronger preference for saving after the consumption tax increase.」
The restraint in purchasing and stronger preference for saving after the October 2019 consumption tax increase were reflected in actual sales of high-priced watches and branded bags falling below the same period of the previous year. - FY2020-Q1RestatedAnnual report
「The distribution industry in which our Group operates is also seeing rising labor and logistics costs, and the difficult business environment is expected to continue ahead of the consumption tax increase scheduled for October 2019.」
The planned October 2019 consumption tax increase continued to be cited as a factor creating uncertainty about the outlook for domestic consumption and distribution. - FY2019First statedAnnual report
「The outlook is expected to remain uncertain, owing to the consumption tax increase scheduled for October 2019 in Japan and uncertainty in overseas economies, including trade issues involving the US administration.」
The planned October 2019 consumption tax increase was newly identified as a factor creating uncertainty about the domestic outlook.