A challenging kimono market and an uncertain economic outlook
First written in FY2016. 21 of 31 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「However, the outlook remained uncertain due to continued price increases associated with surging raw material and energy prices, future US policy developments, volatility in financial markets, and the impact of intensifying geopolitical risks on supply chains.」
In addition to rising prices and the depreciation of the yen, the company cites US policy developments, volatility in financial markets, and the impact of geopolitical risks on supply chains as external concerns. - FY2025-H1WorsenedAnnual report
「During the interim consolidated accounting period under review, Japan's economy showed a moderate recovery trend, supported by a recovery in personal consumption and inbound demand. However, conditions remained uncertain due to the continued instability of overseas conditions, including the worsening situation in the Middle East and the prolonged invasion of Ukraine, as well as pressure on corporate profits from rising prices of raw materials and other goods against the backdrop of the yen's depreciation.」
While acknowledging the recovery in personal consumption and inbound demand, the company cites the prolonged instability in the Middle East and the invasion of Ukraine, rising prices driven by the depreciation of the yen, and pressure on corporate profits as new external concerns. - FY2024-Q3RestatedAnnual report
「During the third quarter of the fiscal year under review, Japan's economy gradually normalized following the reclassification of COVID-19 as a Category 5 infectious disease, and the economy recovered moderately. However, rising prices caused by surging raw material and energy prices and the prolonged depreciation of the yen continued, leaving the outlook uncertain.」
While acknowledging the normalization of economic activity and the moderate economic recovery, the company continues to cite rising prices caused by surging raw material and energy prices and the prolonged depreciation of the yen, as well as uncertainty about the outlook. - FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year under review, Japan's economy gradually normalized following the reclassification of COVID-19 as a Category 5 infectious disease, and the economy recovered moderately. However, the outlook remained uncertain due to rising prices caused by surging raw material and energy prices and the depreciation of the yen.」
While acknowledging the normalization of economic activity and the moderate economic recovery, the company continues to cite surging raw material and energy prices, rising prices caused by the depreciation of the yen, and uncertainty about the outlook as external risks. - FY2024-Q1RestatedAnnual report
「During the first quarter of the fiscal year under review, Japan's economy showed gradual signs of recovery in economic activity as restrictions on movement were substantially eased following the reclassification of COVID-19 as a Category 5 infectious disease. However, the outlook remained uncertain due to rising prices caused by surging raw material and energy prices and the depreciation of the yen.」
While acknowledging the recovery in economic activity following the reclassification of the infectious disease and the easing of restrictions on movement, the company continues to cite rising prices caused by surging raw material and energy prices and the depreciation of the yen, as well as uncertainty about the outlook. - FY2023WorsenedAnnual report
「Although conditions remain uncertain due to rising prices caused by surging raw material and energy prices and the worsening labor shortage, expectations for the normalization and revitalization of economic activity are increasing because COVID-19 was downgraded to Category 5 in May 2023 and restrictions on movement have consequently been eased.」
While indicating expectations for economic normalization following the easing of restrictions on movement, the company cites rising prices caused by surging raw material and energy prices and the worsening labor shortage as new external concerns. - FY2023-Q3RestatedAnnual report
「During the third quarter of the fiscal year under review, Japan's economy showed signs of recovery in economic activity as restrictions on movement related to COVID-19 were eased. However, the outlook remained uncertain due to rising prices caused by surging raw material and energy prices, as well as the rapid depreciation of the yen.」
While acknowledging the recovery in economic activity following the easing of restrictions on movement, the company reconfirms its view that rising prices caused by surging raw material and energy prices and the rapid depreciation of the yen will continue to create uncertainty about the outlook. - FY2023-Q2WorsenedAnnual report
「During the second quarter of the fiscal year under review, Japan's economy showed signs of recovery in economic activity as restrictions on movement related to COVID-19 were eased. However, the outlook remained uncertain due to surging raw material and energy prices and the rapid depreciation of the yen.」
While acknowledging the recovery in economic activity following the easing of restrictions on movement, the company cites surging raw material and energy prices and the rapid depreciation of the yen as new external factors, and describes continued uncertainty about the outlook. - FY2023-Q1RestatedAnnual report
「During the first quarter of the fiscal year under review, Japan's economy showed signs of recovery in economic activity as progress in COVID-19 vaccinations led to the easing of restrictions on movement. However, continued close attention to developments was necessary, and the economy remained in an uncertain situation.」
While acknowledging the recovery in economic activity following vaccinations and the easing of restrictions on movement, the company reconfirms its view that uncertainty about the outlook continues. - FY2022RestatedAnnual report
「During the fiscal year under review, Japan's economy showed some signs of recovery in economic activity following the promotion of COVID-19 vaccinations and the lifting of the state of emergency declaration. However, continued close attention to developments was necessary, and the economy remained in an uncertain situation.」
While acknowledging some recovery following vaccinations and the lifting of the state of emergency declaration, the company indicates that uncertainty about the outlook continues. - FY2022-Q3Partial recovery and continued uncertainty about the outlookAnnual report
「During the third quarter of the fiscal year under review, Japan's economy showed some signs of recovery in economic activity following the promotion of COVID-19 vaccinations and the lifting of the state of emergency declaration. However, continued close attention to developments was necessary, and the economy remained in an uncertain situation.」
Although economic activity showed some recovery following the promotion of vaccinations and the lifting of the state of emergency declaration, uncertainty about the outlook continued. No quantified risks or actual losses were reported. - FY2022-Q2WorsenedAnnual report
「During the second quarter of the fiscal year under review, Japan's economy remained in an uncertain situation as the stagnation of economic activity was prolonged, including through the expansion of areas subject to the state of emergency declaration due to the spread of new COVID-19 variants, despite progress in vaccinations.」
Although vaccinations have progressed, external conditions remain uncertain due to the spread of new variants, the expansion of areas subject to the state of emergency declaration, and the prolonged stagnation of economic activity. - FY2021WorsenedAnnual report
「The kimono industry is also considered to be in an extremely challenging situation, as consumer sentiment has deteriorated due to event cancellations and other measures associated with the spread of COVID-19 infections.」
In addition to the traditionally challenging kimono market, it cites the cooling of consumer sentiment caused by the cancellation of events and describes the industry environment as extremely challenging. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to the major risks or the business and other risks disclosed in the previous fiscal year. - FY2021-Q1RestatedAnnual report
「During the three-month consolidated cumulative period, economic activity stagnated and consumer sentiment declined because of requests to refrain from going out to prevent the spread of COVID-19 infections. With the timing of containment also uncertain, the difficult conditions continue.」
The company describes the challenging external environment as continuing, including the stagnation of economic activity and decline in consumer sentiment caused by COVID-19 infections, as well as uncertainty over when the situation will be brought under control. - FY2020WorsenedAnnual report
「The environment in the kimono industry is also considered to be extremely challenging, with consumers’ deeply rooted preference for thrift and a rapid deterioration in consumer sentiment due to the spread of COVID-19 infections.」
In addition to consumers’ existing preference for thrift and the uncertain outlook, the company cites the rapid deterioration in consumer sentiment caused by the spread of COVID-19 infections and describes the kimono industry as being in an extremely challenging situation. - FY2020-Q3RestatedAnnual report
「During the nine-month consolidated cumulative period, Japan’s economy remained uncertain, despite signs of improvement in the employment and income environment, partly because of the effects of US-China trade friction, among other factors.」
While signs of improvement were seen in the employment and income environment, uncertainty over the outlook due to the effects of US-China trade friction, among other factors, is reaffirmed as an external environmental risk. - FY2020-Q2RestatedAnnual report
「During the six-month consolidated cumulative period, Japan’s economy remained uncertain despite continued improvements in the employment and income environment, as concerns persisted over the prolonged US-China trade friction, among other factors.」
Despite continued improvements in the employment and income environment, consumers’ preference for thrift, concerns over prolonged US-China trade friction and the uncertain outlook continue to be identified as external environmental risks. - FY2020-Q1RestatedAnnual report
「During the three-month consolidated cumulative period, Japan’s economy remained uncertain despite continued improvements in the employment and income environment, as concerns persisted over the prolonged US-China trade friction, among other factors.」
Consumers’ preference for thrift and the uncertain outlook continue to be mentioned, with new reference also made to concerns over prolonged US-China trade friction. - FY2019-Q3RestatedAnnual report
「During the nine-month consolidated cumulative period, Japan’s economy remained on a moderate recovery trend, with improvements in corporate earnings and the employment and income environment, among other factors. However, consumers’ preference for thrift remained strong, and the outlook continues to be uncertain amid extremely hot weather, typhoons, earthquakes and other natural disasters.」
Despite continued improvements in corporate earnings and the employment and income environment, consumers’ preference for thrift and uncertainty over the outlook, including natural disasters, continue to be identified as external environmental risks. - FY2019-Q2WorsenedAnnual report
「During the six-month consolidated cumulative period, Japan’s economy remained on a moderate recovery trend, with improvements in corporate earnings and the employment environment, among other factors. However, personal consumption remained sluggish, and the outlook was difficult to predict due to extremely hot weather and natural disasters, among other factors.」
Despite continued improvements in corporate earnings and the employment environment, personal consumption remained sluggish, and the outlook is described as difficult to predict due to extremely hot weather and natural disasters. - FY2019-Q1RestatedAnnual report
「Although a gradual economic recovery is expected, supported by improvements in the employment and income environment, consumers continued to favor thrift, and personal consumption remained uncertain.」
While improvements in the employment and income environment are expected, consumers’ preference for thrift and uncertainty over personal consumption continue to be identified as external environmental risks. Consumers’ preference for thrift has not been quantified and is not described as an actual loss event. - FY2018RestatedAnnual report
「The environment in the kimono industry is also considered to remain challenging.」
The challenging environment in the kimono industry and the uncertain outlook for personal consumption continue to be identified as external environmental risks. - FY2018-Q3RestatedAnnual report
「During the nine-month consolidated cumulative period, Japan’s economy remained on a moderate recovery trend, with improvements in corporate earnings and the employment environment, among other factors. However, uncertainty over political and economic conditions overseas remains a concern, and the outlook continues to be uncertain.」
While the domestic economy is showing signs of recovery, uncertainty over political and economic conditions overseas and the uncertain outlook continue to be identified as external environmental risks. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to the existing business and other risks, including the challenging kimono market environment and the uncertain economic outlook. - FY2018-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to the existing business and other risks, including the challenging kimono market environment and the uncertain economic outlook. - FY2017RestatedAnnual report
「The environment in the kimono industry is also considered to remain challenging.」
The challenging environment in the kimono industry and the uncertain economic outlook are reaffirmed as external environmental risks. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to the existing business and other risks, including the challenging kimono market environment and the uncertain economic outlook. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to the existing business and other risks, including the challenging kimono market environment and the uncertain economic outlook. - FY2017-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to the business and other risks disclosed in the previous fiscal year. - FY2016First statedAnnual report
「The environment in the kimono industry is also considered to remain challenging.」
The continued challenging environment in the kimono industry is identified as an external environmental risk.