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HIDAY HIDAKA Corp. (7611) · RiskWorsened

Decrease in dinner-time sales due to the extended holiday period and work-style reforms

First written in FY2020-Q1. 2 of 4 entries say "Worsened", first in FY2020-Q2. Latest entry: FY2021-Q1.

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ProgressHeldSoftenedWorseMaterialisedFY2020-Q1 – FY2020-Q2RestatedFY2020-Q32019: 220192020: 22020
Same theme, other companies
Decline in restaurant dinner demand due to extended holiday periods and work-style reformsA 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. FY2021-Q1WorsenedAnnual report

    「However, sales during and after dinner time had declined as more people returned home earlier due to work-style reforms, and the spread of COVID-19 compounded the situation, resulting in shortened operating hours and temporary closures. Existing-store sales for the cumulative period from March to May were 60.6% of the same period of the previous year.」

    In addition to earlier departures from work due to work-style reforms and the decline in sales from dinner time onward, shorter operating hours and temporary closures resulting from the spread of COVID-19 caused same-store sales to fall to 60.6% of the previous year’s level.
  2. FY2020-Q3RestatedAnnual report

    「Meanwhile, in addition to a decline in sales from dinner time onward due to an increase in people returning home earlier as a result of work-style reforms, negative factors including a tendency to avoid going out because of the extreme heat and the impact of Typhoon No. 19, which struck the Kanto region on 12 October, led all stores to close for the entire day on that date and shorten their hours the following day. As a result, same-store sales for the cumulative period from March through November were 97.2% of the previous year’s level.」

    In addition to earlier departures from work due to work-style reforms, extreme heat and poor weather, Typhoon No. 19 also had an impact, but same-store sales were 97.2% of the previous year’s level, unchanged from the cumulative figure for the second quarter.
  3. FY2020-Q2WorsenedAnnual report

    「Meanwhile, the increase in people returning home earlier due to work-style reforms reduced sales during and after dinner time. Negative factors also included a tendency to avoid going out due to the extreme heat and adverse weather, resulting in existing-store sales of 97.2% of the same period of the previous year for the cumulative period from March to August.」

    The increase in customers returning home earlier due to the effects of work-style reforms and the resulting decline in sales from dinner time onward continued, causing same-store sales to fall from 97.5% for the cumulative period through the previous quarter to 97.2%.
  4. FY2020-Q1MaterialisedAnnual report

    「However, in addition to a long holiday period of up to 10 consecutive days, the increase in people returning home earlier due to work-style reforms reduced sales during and after dinner time, resulting in existing-store sales of 97.5% of the same period of the previous year for the cumulative period from March to May.」

    The increase in early departures from work resulting from the extended holiday period of up to 10 consecutive days and work-style reforms led to an actual decline in sales from dinner time onward. Same-store sales were 97.5% of the previous year’s level.
Moved together

"Sluggish Stock Market, Yen Appreciation, and Uncertainty Surrounding the Economic Recovery" moved the same way as this thread, in the same document, in 3 of its 4 moves.

333322★123456
  1. ★This thread
  2. 1Sluggish Stock Market, Yen Appreciation, and Uncertainty Surrounding the Economic Recovery3×
  3. 2Achieving Higher Revenue and Profit3×
  4. 3Decline in the SG&A ratio3×
  5. 4Maintaining Year-on-Year Same-Store Sales3×
  6. 5Sluggish Personal Consumption and Cross-Industry Competition2×
  7. 6Higher Cost Ratios Due to Rising Purchase Prices for Rice and Vegetables2×

★ 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.

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Decrease in dinner-time sales due to the extended holiday period and work-style reforms | HIDAY HIDAKA Corp. (7611) | Komori