Continued Price Competition in Golf Clubs
First written in FY2017-Q1. 11 of 29 entries say "Worsened", first in FY2017-Q3. Latest entry: 2026-10-15.
Himaraya moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 41 of 86 companies on the "Worse" side.
18 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「Golf equipment also performed below expectations in winter golf apparel, but sales of new golf club models and used clubs grew, resulting in sales above the previous year.」
Although winter apparel was weak, golf equipment sales exceeded the previous year on growth in sales of new models and used clubs. - FY2025-H1WorsenedAnnual report
「Golf sales were below the previous fiscal year. This was mainly due to the weak performance of golf apparel as a result of weather conditions, as well as the adverse impact of a change in the sales environment for new golf clubs from the previous fiscal year.」
Golf equipment sales were below the previous fiscal year, due to weak golf apparel sales caused by weather conditions and the adverse impact of the sales environment for new golf clubs. - FY2024-Q3RestatedAnnual report
「In addition to the impact of the aforementioned warm winter, demand for camping equipment and golf equipment related to the COVID-19 pandemic has also run its course, and weak market conditions continue.」
Weak market conditions have continued for golf equipment since demand related to the COVID-19 pandemic ran its course. - FY2024-Q1RestatedAnnual report
「Meanwhile, demand for camping equipment and golf equipment related to the COVID-19 pandemic has also run its course, and weak market conditions continue.」
Weak market conditions have continued for golf equipment since demand related to the COVID-19 pandemic ran its course. - FY2023WorsenedAnnual report
「Golf equipment and outdoor camping equipment declined as demand related to the COVID-19 pandemic ran its course, although」
It states that golf equipment declined as demand related to the COVID-19 pandemic ran its course, following the previously strong performance driven by the entry of beginner customers and other factors. - FY2023-Q2RestatedAnnual report
「Golf equipment also performed well as the buoyant market environment continued.」
The golf equipment market remains buoyant, with favorable trends continuing. - FY2023-Q1RestatedAnnual report
「Golf equipment also performed well as the buoyant market environment continued, driven in part by new participation among beginners.」
The buoyant golf market, driven in part by new participation among beginners, and strong performance by golf equipment have continued. - FY2022-Q2RestatedAnnual report
「Golf equipment performed well as the buoyant market environment continued, driven by new participation among beginners.」
The buoyant golf market, driven by new participation among beginners, and strong performance by golf equipment have continued. - FY2022-Q1RestatedAnnual report
「Golf equipment also performed well as the buoyant market environment continued, driven by new participation among beginners.」
The buoyant golf market, driven by new participation among beginners, and strong performance by golf equipment have continued. - FY2021MitigatedAnnual report
「By product category, general sporting goods were at 102.8% of the previous fiscal year, golf equipment at 110.4%, outdoor products at 119.1%, and ski and snowboard products at 118.9%.」
Golf equipment was at 110.4% of the previous fiscal year, improving from the decline below the prior-year level caused by factors including the reaction to the launch of popular clubs the previous year. - FY2021-Q3MitigatedAnnual report
「By product, golf and outdoor products, which were considered highly compatible with the “new normal,” performed well amid the COVID-19 pandemic. Favorable falling temperatures and snowfall in the first half also contributed, with general sporting goods sales at 109.2%, golf equipment at 114.7%, outdoor equipment at 134.0%, and ski and snowboard equipment at 120.8% of the level in the same period of the previous year.」
Golf equipment was at 114.7% of the prior-year period, maintaining its performance above the prior-year level. - FY2021-Q2MitigatedAnnual report
「By product category, general sporting goods were at 97.2% of the prior-year period, golf equipment at 101.7%, outdoor products at 124.6%, and ski and snowboard products at 121.3%.」
Golf equipment was at 101.7% of the prior-year period, maintaining its performance above the prior-year level. - FY2021-Q1MitigatedAnnual report
「As a result, by product category, general sporting goods were at 101.2% of the prior-year period, golf equipment at 104.1%, and outdoor products at 121.9%.」
Golf equipment was at 104.1% of the prior-year period, shifting from a continued decline below the prior-year level to above it. - FY2020-Q3WorsenedAnnual report
「Golf equipment was at 83.4% of the prior-year period,」
Golf equipment sales were 83.4% of the prior-year period, down from 91.6% in the previous quarter. - FY2020-Q2WorsenedAnnual report
「Golf equipment was at 91.6% of the prior-year period despite the launch of popular golf clubs during the year.」
Despite the launch of popular golf clubs during the year, golf equipment sales were 91.6% of the prior-year period, down from the 93.5% previously reported. - FY2020-Q1WorsenedAnnual report
「As a result, by product category, both general sporting goods and golf equipment were at 91.0% of the prior-year period.」
Golf equipment sales were 91.0% of the prior-year period, down from the 93.5% of the prior-year period reported previously. - FY2019-Q3WorsenedAnnual report
「Golf equipment was at 93.5% of the prior-year period, reflecting a decline following the previous year's strong performance when popular golf clubs were launched.」
The decline following the previous year's strong performance driven by the launch of popular golf clubs continued, and golf equipment sales were 93.5% of the prior-year period. - FY2019-Q1MitigatedAnnual report
「Golf equipment was at 98.3% of the prior-year period, as the delayed decline in temperatures affected golf apparel sales.」
Although delayed cooling affected golf apparel sales, sales improved to 98.3% from the 95.3% of the prior-year period reported for the preceding period. - FY2018MitigatedAnnual report
「New golf clubs and other products performed well, but golf equipment was at 99.0% of the previous fiscal year.」
Although new golf clubs performed well, golf equipment sales fell below the prior-year level. On a period-on-period basis, they improved to 99.0%. - FY2018-Q3WorsenedAnnual report
「New golf clubs and other products performed well, but golf equipment was at 98.5% of the prior-year period.」
Although new golf clubs performed well, golf equipment sales were 98.5% of the prior-year period and remained below the prior-year level. - FY2018-Q2WorsenedAnnual report
「Golf equipment faced a challenging environment as price competition in golf clubs continued. Although new golf clubs and other products performed well, sales were 95.2% of the prior-year period.」
Although new golf clubs performed well, golf equipment sales were 95.2% of the prior-year period amid continued price competition. - FY2018-Q1WorsenedAnnual report
「Golf equipment was at 95.3% of the prior-year period amid a challenging environment of continued price competition in golf clubs.」
Amid continued price competition in golf clubs, golf equipment sales were 95.3% of the prior-year period, falling below the prior-year level. - FY2017WorsenedAnnual report
「Golf equipment faced a challenging environment as price competition in golf clubs continued. Although the company strengthened its range and recommendations for golf apparel and miscellaneous goods, sales were 97.8% of the previous fiscal year.」
Although the company strengthened its product range and recommendations amid continued price competition, golf equipment sales were 97.8% of the previous fiscal year, with the decline below the prior-year level widening. - FY2017-Q3WorsenedAnnual report
「Golf equipment faced a challenging environment as price competition in golf clubs continued. Although the company strengthened its range and recommendations for golf apparel and miscellaneous goods, sales were 98.7% of the prior-year period.」
Although the company strengthened its product range and recommendations amid continued price competition, golf equipment sales were 98.7% of the prior-year period, falling below the prior-year level. - FY2017-Q2RestatedAnnual report
「Golf equipment faced a challenging environment as price competition in golf clubs continued, but sales reached 100.5% of the prior-year period after the company strengthened its range and recommendations for golf apparel and miscellaneous goods.」
The challenging environment of continued price competition in golf clubs was noted again, while sales of golf equipment reached 100.5% of the prior-year period following efforts to strengthen the product range and recommendations. - FY2017-Q1First statedAnnual report
「Golf equipment faced a challenging environment as price competition in golf clubs continued,」
The disclosure identifies the challenging sales environment caused by continued price competition in golf clubs as a risk.