Nichiryoku (7578) · RiskRestated
Reduced purchases of pre-need graves due to economic fluctuations
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2018.
2entries
2years
0from disclosures
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Same theme, other companies
Reduced demand for pre-need graves amid economic fluctuationsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2018RestatedAnnual report
「Approximately half of the company’s customers purchase graves before death, while they are still in good health. Accordingly, in an uncertain economic environment, such purchases may be deferred as non-essential spending.」
The company has reaffirmed the possibility that purchases of graves before death, which account for approximately half of its customers, may be deferred as the economic environment becomes more uncertain. - FY2017First statedAnnual report
「Approximately half of the company’s customers purchase graves before death, while they are still in good health. Accordingly, in an uncertain economic environment, such purchases may be deferred as non-essential spending.」
The company has identified for the first time the possibility that purchases of graves before death, which account for approximately half of its customers, may be deferred as economic conditions become more uncertain.