Komori
Ota Floriculture Auction (7555) · RiskSoftened

Impact of the spread of COVID-19 on demand for and distribution of flowers and plants

First written in FY2020. 10 of 18 entries say "Reframed", first in FY2021-Q3. Latest entry: FY2026.

18entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseReframedFY2022-Q3 – FY2024-Q2SoftenedFY2024 – FY20262020: 320202021: 320212022: 420222023: 420232024: 220242025: 120252026: 12026
Same theme, other companies
COVID-19-driven decline in demand for and distribution of flowersA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「In the floriculture industry, consumers' preference for saving strengthened and the frequency of purchases of flowers and greenery tended to decline. At the same time, growing interest in the SDGs has led to a trend, particularly among younger generations, toward more people enjoying a lifestyle with flowers and greenery on a daily basis, indicating a change in perceptions of the value of purchasing flowers and greenery.」

    The company’s presentation now focuses not on the direct impact of COVID-19 itself on demand and distribution but on changes in consumption patterns and demand among younger people after the pandemic, and specific risks associated with the infectious disease receive less emphasis.
  2. FY2025SoftenedAnnual report

    「Regarding the group’s operating results and other matters for the current consolidated fiscal year, net sales were below last year’s record high but remained firm each month as the impact of COVID-19 diminished.」

    The company explains that the impact of COVID-19 on the business diminished and that net sales remained firm each month, although they did not reach a record high.
  3. FY2024SoftenedAnnual report

    「Regarding the group’s operating results and other matters for the current consolidated fiscal year, net sales were below last year’s record high but remained firm each month as the impact of COVID-19 diminished.」

    The company’s presentation has shifted to one in which the impact of COVID-19 on the business has diminished and sales remained firm each month.
  4. FY2024-Q3RestatedAnnual report

    「During the first 3 quarters of the current consolidated fiscal year, Japan’s economy entered a gradual recovery trend as daily life moved toward normalization after COVID-19 was reclassified as a Class 5 infectious disease, supported by recovering personal consumption, corporate capital investment and expanding inbound demand.」

    The company continues to describe the impact of the reclassification of COVID-19 as a Class 5 infectious disease as daily life and economic activity move toward normalization.
  5. FY2024-Q2ReframedAnnual report

    「In the floral industry, the concentration of postponed weddings held over from the previous year's pandemic has ended, while funerals have become established as smaller-scale occasions and their number increased from the previous year. Both returned to pre-pandemic levels. In personal demand, consumers appeared increasingly price-sensitive amid continued inflation, but home-use demand established during the pandemic remained resilient, and flowers in affordable price ranges sold well.」

    The company’s presentation has shifted from one focused on the stagnation and recovery of business demand due to the infectious disease to one in which weddings and funerals have returned to pre-pandemic levels and home-use demand is being maintained, while demand is shifting toward more affordable price ranges amid rising prices.
  6. FY2024-Q1ReframedAnnual report

    「In the floriculture industry, various forms of business demand, including weddings that had been postponed during the pandemic, have reached a turning point and are gradually returning to normal, while wholesale market prices have moved toward levels centered on household demand. Although the continued rise in prices raised concerns about weaker consumer sentiment toward flowers and plants as discretionary goods, home-use demand that took hold during the pandemic remained firm.」

    The company’s presentation has shifted from one focused on the stagnation and recovery of business demand due to COVID-19 to one in which postponed demand has run its course and normalized, while home-use demand established during the pandemic continues.
  7. FY2023ReframedAnnual report

    「In addition to home-use demand, which increased during the pandemic, demand for weddings, funerals and other ceremonial occasions, which had fallen, also recovered, and net sales reached a record high.」

    The company’s presentation has shifted from one centered on weak business demand due to the infectious disease to one in which continued home-use demand and recovering demand for weddings, funerals and other ceremonial occasions are progressing simultaneously, resulting in record-high net sales.
  8. FY2023-Q3ReframedAnnual report

    「Demand for events as people sought to return to normal life, demand for gifts and demand for weddings, funerals and other ceremonial occasions became active, although the scale of the latter had contracted while the number of such occasions increased.」

    Regarding the impact of COVID-19, the company described increased demand for events and gifts as daily life returned to normal, as well as increased demand for weddings, funerals and other ceremonial occasions, shifting from its previous focus on depressed demand to a presentation that includes a recovery phase.
  9. FY2023-Q2ReframedAnnual report

    「In the floral industry, demand for flowers has increased as weddings, funerals, sporting events and various other events that had been curtailed during COVID-19 gradually resumed. In addition, home-use demand has remained stable across all age groups, as people regard a lifestyle with flowers and greenery at home as essential for addressing environmental issues and maintaining their mental health.」

    The company’s presentation of the impact of the infectious disease has shifted to one that notes both demand recovery following the resumption of weddings, funerals, sporting events and other events and stable home-use demand across all generations.
  10. FY2023-Q1ReframedAnnual report

    「In the floriculture industry, demand recovered as wedding receptions that had been suspended during the COVID-19 pandemic resumed and events increased. In addition, household demand, the foundation of flower consumption, remains solid, while internet and subscription-based sales channels have opened up new demand among younger people. Overall demand has increased from pre-COVID levels.」

    The company’s presentation of the impact of COVID-19 has shifted to one in which business demand for weddings and events is recovering while household demand and demand among younger people through the internet and subscriptions are expanding.
  11. FY2022ReframedAnnual report

    「Weddings, funerals and other ceremonial occasions remain small-scale, while demand for event displays and floral arrangements at hotels and restaurants remains subdued. However, demand for houseplants and cut branches has expanded as people seek to make offices and homes more comfortable with greenery, and demand for home use, in which people decorate their living spaces with flowers and greenery, has continued to expand steadily across all age groups. Gift demand has also increased beyond Mother’s Day, as people have been unable to meet directly and some weddings, funerals and other ceremonies have been held privately without wider notification.」

    The company’s presentation of the impact of the infectious disease has shifted to one that notes both shrinking business demand for weddings, funerals, events and other activities and expanding individual demand for home use, houseplants, cut branches and gifts.
  12. FY2022-Q3ReframedAnnual report

    「From October onward, commercial demand for weddings, funerals and other ceremonies, which had stagnated, also recovered, while individual demand, which had increased during the prolonged COVID-19 pandemic, remained firm.」

    The company’s presentation of the impact of COVID-19 has shifted to one in which business demand for weddings, funerals and other ceremonial occasions is recovering while individual demand that increased during the pandemic remains firm.
  13. FY2022-Q2RestatedAnnual report

    「In the floriculture industry, individual demand remained firm as prolonged stay-at-home conditions during the COVID-19 pandemic heightened interest in living with plants nearby, while growing awareness of environmental issues focused attention on the importance and benefits of greenery.」

    Amid the continuing impact of the infectious disease, the company is reaffirming the resilience of individual demand as people remain at home for longer and the growing interest in plants and greenery.
  14. FY2022-Q1ReframedAnnual report

    「In the floriculture industry, demand for weddings, funerals and other ceremonies remained sluggish due to repeated declarations of a state of emergency and the issuance of priority preventive measures, although signs of recovery emerged. Individual demand was strong, while the industry association's "Okuléte gommen" campaign proved effective, particularly increasing the number of people buying flowers as gifts. Purchasing flowers through subscriptions has also become established. Consumer behavior is shifting toward experience-based consumption, particularly among younger people, and household and individual demand are expected to remain firm.」

    The company’s presentation of the impact of the spread of COVID-19 has shifted to one that notes both continued weakness in demand for weddings, funerals and other ceremonial occasions and signs of recovery, strong individual and household demand, increased gift demand and the establishment of subscription purchases.
  15. FY2021-Q3ReframedAnnual report

    「In the floriculture industry, commercial demand showed signs of recovery as wedding receptions and events gradually resumed, but their scale continued to shrink and conditions remained challenging. Meanwhile, as people increasingly refrained from going out and spent more time at home, household demand was rising. In particular, because many people spent the year-end and New Year holidays at home, household demand was stronger than usual.」

    The company’s presentation of the impact of COVID-19 has shifted to one that notes both continued weakness in business demand and signs of recovery from the resumption of wedding receptions and events, together with robust household demand.
  16. FY2021-Q2RestatedAnnual report

    「In the floral industry, business-use flowers remained in a difficult situation due to the decline in wedding receptions, funerals and events, but demand for home use increased as people spent more time at home, and flowers sold well at supermarkets and home-improvement stores.」

    While business demand for weddings, funerals, events and other activities remained weak due to the spread of COVID-19, the company noted stronger household demand as people spent more time at home and strong sales at supermarkets and home improvement stores. It reaffirmed the persistence of the impact and the change in the demand mix.
  17. FY2021-Q1WorsenedAnnual report

    「In April, when a state of emergency was declared, opportunities to use flowers, including weddings, funerals and events, fell sharply, and April sales declined to approximately half the level of the previous year. Meanwhile, continued calls to refrain from going out increased interest in flowers and greenery at home, driving demand higher. The spread of contactless e-commerce sales by flower shops was also a tailwind.」

    The company describes the continued impact of the spread of COVID-19 in the form of a sharp decline in demand for weddings, funerals and events, April sales falling to approximately half the previous year’s level, and reduced transportation services, while also noting increased household demand and the spread of contactless e-commerce.
  18. FY2020First statedAnnual report

    「In March, cancellations and postponements of graduation ceremonies, farewell and welcome parties, events and other activities followed one after another due to the spread of COVID-19. Amid nationwide calls to refrain from economic activity, the volume of flowers and plants distributed fell sharply and sales declined substantially.」

    The company newly explicitly identified business continuity risk from infectious disease and stated that the spread of COVID-19 had actually resulted in cancellations and postponements of graduation ceremonies and other events, a sharp decline in the volume of flowers and plants distributed, and lower sales.
Moved together

"The Declining Birthrate, Aging Population, and Consumption Trends Among Flower Buyers" moved the same way as this thread, in the same document, in 14 of its 18 moves.

14129877★123456
  1. ★This thread
  2. 1The Declining Birthrate, Aging Population, and Consumption Trends Among Flower Buyers14×
  3. 2Global economic uncertainty due to Brexit and slowing emerging-market economies, and sluggish capital investment and personal consumption12×
  4. 3Accounts receivable collection risk due to deteriorating flower shop operations9×
  5. 4Year-on-Year Declines in Revenue and Profit8×
  6. 5Flower supply shortages caused by the aging of agricultural workers and declining production7×
  7. 6Impact of labor shortages and freight rate increases in the transport industry on product handling and sales7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ota Floriculture Auction's next results are scheduled for 2026-11-13. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.