Impact of the consumption tax rate increase on consumer trends
First written in FY2020-Q2. 2 of 3 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2020.
G-7 Holdings moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- FY2020MaterialisedAnnual report
「The outlook has become challenging due to the effects of successive natural disasters, the consumption tax increase, the prolonged US-China trade friction, and public health emergencies, including the spread of the novel coronavirus infection.」
It also states for the full fiscal year that the impact of the consumption tax increase actually appeared in business performance as a decline following the pull-forward in demand. - FY2020-Q3MaterialisedAnnual report
「Decline following the pull-forward in demand ahead of the October consumption tax increase」
It states that the decline following the pull-forward in demand ahead of the consumption tax rate increase actually occurred as an impact on consumer trends. - FY2020-Q2First statedAnnual report
「Impact of the consumption tax rate increase on consumer trends」
For the first time, it explicitly identifies the impact of the consumption tax rate increase on consumer trends as a factor contributing to uncertainty about the outlook for the domestic economy.