Weak sales due to adverse summer weather
First written in FY2017-Q2. 4 of 12 entries say "Reframed", first in FY2017. Latest entry: FY2026.
G-7 Holdings moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2024: 4 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The sales trends for winter products may affect the performance and financial condition of our group going forward due to global warming and other factors.」
The impact of global warming and other factors on sales trends for winter products continues to be described as a risk to operating performance and financial condition. - FY2025ReframedAnnual report
「Sales of winter products such as winter tires increased from the previous year due to cold waves and other factors.」
The impact of weather shifted from weak winter-product sales due to the previously noted warm winters to increased sales of winter tires and other products due to cold waves. - FY2024-Q3MaterialisedAnnual report
「Sales of winter products such as winter tires stagnated because of the warm winter, and related service sales, particularly tire-fitting charges, also declined.」
Regarding weather- and global-warming-related risks to winter-product sales, it states that weak sales of winter tires and other products and a decline in service sales actually occurred due to the warm winter. - FY2022RestatedAnnual report
「In addition, sales of winter products, particularly winter tires and tire chains, remained firm due to winter snowfall, cold waves and other factors.」
It describes firm sales of winter tires and other products due to winter snowfall and cold waves as the full-year situation. - FY2022-Q3RestatedAnnual report
「Sales of winter products, particularly winter tires, remained firm due to winter snowfall, cold waves and other factors.」
Regarding weather factors, it describes the situation in which sales of winter products such as winter tires remained firm because of snowfall and cold waves. - FY2021-Q3ReframedAnnual report
「Demand for winter tires and tire chains expanded in areas affected by snowfall resulting from cold waves.」
Regarding weather factors, it states that demand for winter tires and tire chains expanded in areas affected by cold waves and snowfall, in addition to the previously noted weak demand for winter products due to warm winters and other factors. - FY2020MaterialisedAnnual report
「Demand for winter products such as studless tires and tire chains remained sluggish because of the decline in rush demand following the consumption tax increase implemented in October and the record warm winter.」
It states that weak demand for winter products due to the warm winter actually occurred for the full fiscal year. - FY2020-Q3MaterialisedAnnual report
「Demand for winter products such as studless tires and tire chains remained sluggish because of the decline in rush demand following the consumption tax increase implemented in October and the record warm winter.」
It states that the previously anticipated risk to winter-product sales from weather and global warming actually materialized in the form of weak demand due to the record warm winter. - FY2018RestatedAnnual report
「The sales trends for winter products may affect the performance and financial condition of our group going forward due to global warming and other factors.」
The impact of global warming on sales trends for winter products continues to be described as a risk to operating performance and financial condition. - FY2018-Q3ReframedAnnual report
「Tire sales performed well, driven by rush demand ahead of across-the-board price increases for replacement tires in Japan and the effects of winter snowfall and cold waves.」
In contrast to the previous sales weakness caused by adverse summer weather and the risk to winter-product sales from global warming, this time snowfall and cold waves in winter are cited as factors behind strong tire sales. - FY2017ReframedAnnual report
「The sales trends for winter products may affect the performance and financial condition of our group going forward due to global warming and other factors.」
The focus has broadened from short-term sales weakness caused by adverse summer weather to the more medium- to long-term weather risk of global warming affecting sales trends for winter products. - FY2017-Q2First statedAnnual report
「Sales of our core tire and wheel products remained sluggish, and sales declined further because of adverse summer weather.」
Adverse summer weather actually occurred and is cited as a factor behind weak sales in the Autobacs automotive business.