Happinet (7552) · RiskFirst stated

Impact of the Consumption Tax Rate Increase on Related Markets

First written in FY2020-Q3. . Latest entry: FY2020-Q3.

1entries

1years

0from disclosures

How it moved

Same theme, other companies

Post-front-loading decline in domestic consumption and economic activity following a consumption tax rate hikeA theme 119 companies write about · 117 as a headwind · 2 as a tailwind

The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.

10 other companies' latest entry also says "First stated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.

Showing 14 of the 119 companies compared. The sentences above are computed from all 119.

Full recordFilings, disclosures and news, newest first

FY2020-Q3First statedAnnual report
「In the industries related to our Group during the cumulative nine-month period under review, conditions remained difficult due to the higher consumption tax rate, Japan’s declining birthrate and increasingly diverse consumer needs in the toy market, and the sluggish packaged-product market in the video and music market and video game market resulting from the growing adoption of streaming and services for smartphones.」
The increase in the consumption tax rate has newly been identified as one of the factors contributing to difficult conditions in related industries. Although the rate increase itself is mentioned, no direct impact on business performance is explicitly stated.

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