Lower Demand for Winter Products Due to Warm Winters
First written in FY2016. 7 of 15 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2025.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Winter product sales also performed well during the third-quarter accounting period, resulting in higher revenue and profit than in the same period of the previous year.」
Unlike the slowdown in demand for winter products caused by high temperatures that materialized in the previous fiscal year, winter products performed well in the current fiscal year. - FY2024MaterialisedAnnual report
「However, as unusually warm days continued during the third-quarter accounting period, winter product sales remained slower than expected, resulting in lower revenue than in the previous fiscal year.」
The slowdown in demand for winter products caused by unusually warm temperatures also affected full-year results, confirming the mild-winter risk in actual performance. - FY2024-Q3MaterialisedAnnual report
「However, as unusually warm days continued during the third-quarter accounting period, winter product sales slowed more than expected, resulting in lower revenue than in the same period of the previous year.」
Warmer temperatures than usual caused demand for winter products to slow more than expected, and the mild-winter risk again materialized as a factor behind lower revenue in the automotive products business. - FY2022MitigatedAnnual report
「Although automotive products sales struggled due to lower customer traffic during the state of emergency and the fading of the dashcam demand surge seen in the previous fiscal year, new and used vehicle sales remained strong for the full year, while increased demand for studless tires, chains and other products due to winter snowfall contributed to results.」
Snowfall during the winter increased demand for studless tires, chains and other products, and the weak demand for winter products caused by the mild winter that became apparent in the previous fiscal year was not seen in the current fiscal year. - FY2022-Q3MitigatedAnnual report
「Vehicle sales and demand for winter products remained strong, and the opening of Autobacs Rifu on 19 March 2021 and Autobacs Akita on 25 June 2021 contributed to results, resulting in higher revenue than in the same period of the previous year.」
Demand for winter products remained strong, and this filing does not indicate the weak demand caused by the mild winter that became apparent in the previous fiscal year. - FY2021MitigatedAnnual report
「After the state of emergency was lifted, customer traffic rose above the previous year's level. Against a backdrop of more frequent car use, maintenance and car-wash-related products and vehicle sales performed well, and demand for tires and other products during the winter season was also solid.」
Unlike the weak demand for winter products caused by the mild winter that became apparent in the previous fiscal year, demand for tires and other products during the winter season was solid in the current fiscal year. - FY2020MaterialisedAnnual report
「However, during the third and fourth consolidated accounting periods, which comprised the second half of the fiscal year, demand for winter products such as studless tires and tire chains was weak due to a nationwide, record-breaking mild winter, in addition to the decline following the pull-forward demand ahead of the consumption tax rate increase. As a result, full-year revenue increased while profit declined from the previous fiscal year.」
Weak demand for winter products caused by the nationwide, record-breaking mild winter actually affected full-year results. - FY2020-Q3MaterialisedAnnual report
「However, during the October-December third-quarter consolidated accounting period, demand for winter products such as studless tires and tire chains was weak nationwide due to an unusually mild winter, in addition to the decline following the pull-forward demand ahead of the consumption tax rate increase.」
Demand for winter products such as studless tires and tire chains actually weakened due to the mild winter nationwide. The previously reported decline in demand caused by a mild winter has occurred again. - FY2019MitigatedAnnual report
「In product sales, demand for winter products such as chains was strong in addition to demand for dashcams, and the pit services division and vehicle sales also remained solid.」
It states that demand for winter products was strong, and this filing does not indicate the previously reported decline in demand for winter products caused by a mild winter. - FY2019-Q3MitigatedAnnual report
「In product sales, demand for winter products such as chains was strong in addition to demand for dashcams, while the pit services division and vehicle sales also remained solid.」
It states that demand for winter products was strong, and this filing does not indicate the previously reported decline in demand for winter products caused by a mild winter. - FY2017DroppedAnnual reportThe discussion of the year's results and business and other risks contains no specific reference to a mild winter or demand for winter products.
- FY2017-Q3MitigatedAnnual report
「Product sales also performed well in November, driven by snowfall centered in the Kanto region, which boosted sales of winter products.」
Unlike the poor winter tire sales caused by the previous fiscal year's mild winter, winter product sales were strong in the current quarter due to snowfall. - FY2017-Q2RestatedAnnual report
「Although some products, including ETC systems, performed well, overall product sales declined from the same period of the previous year, led by tires, for which poor winter tire sales during the previous consolidated fiscal year reduced demand for replacement summer tires.」
Although the mild winter is not explicitly identified as the cause, the resulting poor winter tire sales and lower demand for replacement summer tires continue to be cited as factors behind lower revenue in the automotive products business. - FY2017-Q1MaterialisedAnnual report
「However, in addition to the poor sales of winter tires during the previous consolidated fiscal year, the resulting decline in demand for replacing them with summer tires also had an impact, resulting in lower revenue and profit than in the same period of the previous year.」
The previous fiscal year's record-breaking mild winter affected the current quarter's lower revenue and profit through poor winter tire sales and lower demand for replacement summer tires. - FY2016First statedAnnual report
「Demand for winter products such as studless tires and chains declined due to an unusually warm winter, one of the warmest on record, resulting in lower revenue than in the previous fiscal year.」
The filing states that a warm winter directly reduced demand for winter products and revenue in the automotive products business.