Market Contraction and Intensifying Competition Due to Declining Birthrates and an Aging Population
First written in FY2016. 5 of 9 entries say "Restated". Latest entry: FY2026-H1.
I.A Group moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2025: 3 of 7 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「No new risks arose during the interim consolidated accounting period. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It expressly states that no new business or other risks arose and that there were no material changes from the previous fiscal year. - FY2024RestatedAnnual report
「The environment surrounding our Group is expected to remain uncertain amid numerous uncertainties, including market contraction due to the declining birthrate and aging population and intensifying competition, worsening damage from a succession of natural disasters, higher resource prices resulting from prolonged risks in international affairs and foreign-exchange fluctuations, and declining consumer spending due to inflation driven by surging raw material and other prices.」
In addition to market contraction caused by the declining birthrate and aging population and intensifying competition, natural disasters, international affairs, foreign exchange, resource and raw material prices, and inflation continue to be cited as uncertainties. - FY2023WorsenedAnnual report
「The environment surrounding our Group is expected to remain uncertain amid numerous uncertainties, including market contraction due to the declining birthrate and aging population and intensifying competition, worsening damage from a succession of natural disasters, higher resource prices resulting from prolonged risks in international affairs and foreign-exchange fluctuations, and declining consumer spending due to inflation driven by surging raw material and other prices.」
In addition to the conventional market contraction and intensifying competition, the explanation cites natural disasters, international affairs, foreign-exchange fluctuations, surging resource and raw material prices, and declining consumer spending due to inflation, broadening the discussion of uncertainties. - FY2022WorsenedAnnual report
「Regarding the environment surrounding our Group from the fiscal year ended March 2022 through the fiscal year ending March 2023, in addition to market contraction due to the declining birthrate and aging population and intensifying competition, there are concerns about the impact of COVID-19 on the domestic and international economies. The environment is expected to become increasingly challenging amid numerous risks, including worsening damage from a succession of natural disasters, higher resource prices due to growing instability in international affairs and foreign-exchange fluctuations, and higher procurement and other costs resulting from supply chain disruptions.」
In addition to the conventional market contraction and intensifying competition, the explanation now cites infectious diseases, natural disasters, international affairs, foreign-exchange fluctuations, resource prices and higher procurement costs caused by supply chain disruptions, stating that the business environment is becoming increasingly challenging. - FY2020WorsenedAnnual report
「From the fiscal year ending March 2020 to the fiscal year ending March 2021, the Group's business environment was expected to become even more challenging, with risks including the negative impact of the spread of COVID-19 on domestic and overseas economies, in addition to market contraction due to the declining birthrate and aging population, intensifying competition, expanding damage from successive natural disasters, and rising uncertainty over trade issues in overseas economies.」
The explanation has changed to state that, in addition to the conventional market contraction caused by the declining birthrate and aging population and intensifying competition, infectious diseases, natural disasters and trade issues will make the business environment even more challenging. - FY2019RestatedAnnual report
「The business environment surrounding the Group is expected to remain difficult due to market contraction associated with the declining birthrate and aging population, as well as intensifying competition.」
The company continues to regard market contraction due to the declining birthrate and ageing population and intensifying competition as a challenging business environment. - FY2018RestatedAnnual report
「The business environment surrounding the Group is expected to remain difficult due to market contraction associated with the declining birthrate and aging population, as well as intensifying competition.」
The company continues to regard market contraction due to the declining birthrate and ageing population and intensifying competition as a challenging business environment. - FY2017RestatedAnnual report
「The business environment surrounding the Group is expected to remain difficult due to market contraction associated with the declining birthrate and aging population, as well as intensifying competition.」
The company continues to regard market contraction due to the declining birthrate and ageing population and intensifying competition as a challenging business environment. - FY2016First statedAnnual report
「The business environment surrounding the Group is expected to remain difficult due to market contraction associated with the declining birthrate and aging population, as well as intensifying competition.」
Market contraction and intensifying competition are identified as medium- to long-term business environment risks.