Impact of Abnormal Weather and Natural Disasters on Business Performance

「In some regions, people increasingly refrained from stream fishing and mountain climbing due to the impact of extremely hot weather from June onward, record rainfall and the increasing number of bear sightings in recent years.」

「In the outdoor apparel market, sales of cold-weather apparel were firm at the beginning of the period, but sales of some spring apparel, particularly jackets, struggled due to the high temperatures in spring and higher selling prices resulting from increased costs for breathable waterproof fabrics.」

「In the fishing business, the market faced difficult conditions due to the already stagnant market, cold weather at the beginning of the period, torrential rains in various areas, and record-breaking heat for the third consecutive year.」

「In the fishing business, the start of the fishing season was sluggish due to the effects of cold weather, swollen rivers caused by snowmelt following heavy snowfall, and bad weather on weekends after Golden Week.」

「In the fishing tackle market, the phase of inventory adjustment following the decline from demand during the COVID-19 pandemic continued, and market conditions became even more challenging due to weather-related factors, including extreme heat, flooding and earthquakes.」

「In the outdoor apparel market, sales of cold-weather apparel were sluggish due to record-breaking warm winters, while sales of spring/summer apparel generally remained firm.」

「In the outdoor apparel market, market conditions deteriorated as record-breaking warm winters led to sluggish sales, particularly of cold-weather apparel.」

「In the fishing business, market conditions were generally sluggish due to the backlash from the surge in demand for fishing as an outdoor activity that avoided the Three Cs during the COVID-19 pandemic, restraint in purchases following price increases caused by higher costs and the weaker yen, and a decline in the number of fishing trips due to record-breaking heat.」

「In the fishing business, market conditions were generally sluggish due to the backlash from the surge in demand for fishing as an outdoor activity that avoided the Three Cs during the COVID-19 pandemic, restraint in purchases following price increases caused by higher costs and the weaker yen, and a decline in the number of fishing trips due to record-breaking heat.」

「In the fishing business, demand as an activity that avoided the Three Cs during the COVID-19 pandemic had subsided, and sales remained sluggish compared with the previous year. Fly-fishing products remained firm because demand was more stable than for other types of fishing, while sales of lure-fishing products struggled as falling temperatures and poor catches of target fish species reduced fishing activity.」

「In the fishing business, demand for fishing was returning to normal compared with the previous year, when fishing attracted particular attention as an activity that avoided the Three Cs, while sales remained sluggish year on year due in part to the decline in fishing activity caused by falling temperatures.」

「Although demand for cold-weather apparel increased as temperatures fell, the outdoor apparel market did not recover consumption, except in certain business formats, due to people refraining from going out and reduced customer traffic at department stores and shopping centers, particularly in urban areas.」

「In the fishing business, the trend toward warmer winters supported fishing activity and helped underpin sales in some periods. However, mainly during the second quarter (March–May), sales stagnated as the business was affected by the backlash from people refraining from going out due to COVID-19, the cancellation of events to promote new products, and the closure of large specialty stores.」

「In the outdoor business, the warm-winter trend compared with the same period of the previous year caused sales of heavy cold-weather apparel, such as jackets, to remain sluggish. In addition, department stores and shopping centers, the main sales channels, were forced to close amid the spread of COVID-19, resulting in a significant decline in sales, while sales of spring and summer products also stagnated.」

「In the outdoor business, the warm-winter trend compared with the same period of the previous year caused sales of heavy cold-weather apparel, such as jackets, to remain sluggish. In addition, the significant decline in visitors to department stores and shopping centers accompanying the spread of COVID-19 caused sales of spring and summer products to stagnate.」

「Personal consumption was supported by special demand during the extended holiday period, but sales of daily necessities and apparel lacked momentum because of the impact of natural disasters including Typhoon Hagibis and the decline in demand following the October consumption tax increase.」

「In the fishing business, the warm-winter trend provided a positive start by supporting fishing activity. However, consumption centered on high-priced products such as rods and reels remained sluggish, and sales struggled further because of adverse weather, including typhoons around mid-August. In fly-fishing equipment, sales initially started solidly because of the early launch of new products ahead of the season and promotional activities such as video distribution, but sales remained sluggish from March onward because of drought in rivers, heavy rain and other factors.」

「Fly-fishing products showed a solid start in sales as the promotional effects of new products launched early, ahead of the season, and video distribution took effect. From March onward, however, sales remained sluggish partly because of low river levels.」

「In the outdoor-related industries relevant to our business, conditions in both the fishing tackle and outdoor apparel markets were affected by the trend toward warmer winters and other factors.」

「During the fiscal year, lower winter temperatures, record summer heat and typhoon-related disasters became factors affecting operating results.」

「Sales generally remained sluggish as severe cold in winter and torrential rain and extreme heat from spring onward reduced the opportunities for anglers to go fishing, while the market downturn also had an impact.」

「In the outdoor-related industries relevant to our business, conditions in both the fishing tackle and outdoor apparel markets were affected by winter temperatures falling below normal and other factors.」

「In the outdoor-related industries relevant to our business, conditions in both the fishing tackle and outdoor apparel markets were affected by temperatures falling below normal and other factors.」

「In the fishing business, sales of lure equipment remained solid because of the effect of launching new products such as fishing rods and lures. Sales of fly-fishing equipment, however, struggled because of adverse weather and a sluggish market.」

「The market environment was generally challenging in the outdoor-related industries relevant to our business, as consumption declined in both the fishing tackle and outdoor apparel markets and was also affected by the prolonged rainfall in August.」

「Abnormal weather, such as cool summers and warm winters, natural disasters such as earthquakes, floods and droughts, and radiation damage caused by the nuclear accident resulting from the Great East Japan Earthquake in 2011 may affect the Company’s results.」