Changes in Economic, Consumer and Financial Conditions
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 131 of 176 companies on the "Worse" side.
- FY2024RestatedAnnual report
「Even if an economic deterioration causes unit sales to decline, demand for used cars itself will not disappear but will be deferred, so we believe the impact will be short term.」
The risk of declining unit sales due to deteriorating economic and consumer conditions, and the view that the impact will be short term, continue to be disclosed. - FY2021RestatedAnnual report
「Consumer conditions and market size may fluctuate substantially due to various factors, including demographic changes, fluctuations in economic conditions, tax increases or changes in the tax system, and changes in relevant laws and regulations. In addition, changes in financial conditions, such as an economic downturn or financial contraction, may prevent the company from obtaining financing as needed.」
The risks of market-size fluctuations and increased difficulty in obtaining financing due to changes in demographic trends, economic conditions, the tax system, laws and regulations, and financial conditions continue to be disclosed. - FY2020First statedAnnual report
「Consumer conditions and market size may fluctuate substantially due to various factors, including demographic changes, fluctuations in economic conditions, tax increases or changes in the tax system, and changes in relevant laws and regulations. In addition, changes in financial conditions, such as an economic downturn or financial contraction, may prevent the company from obtaining financing as needed.」
Fluctuations in consumer conditions and market size, and increased difficulty in obtaining financing due to demographic trends, economic conditions, the tax system, laws and regulations, and financial contraction were organized as a new comprehensive risk.