Top Culture (7640) · RiskDropped
Impact of future population decline on private consumption
First written in FY2018-Q3. 1 of 2 entries say "Dropped", first in FY2020. Latest entry: FY2020.
2entries
4years
0from disclosures
How it moved
Same theme, other companies
Sluggish personal consumption due to economic conditions, weather, tax burdens, and other factorsA theme 83 companies write about · 88 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 83 companies compared. The sentences above are computed from all 83.Full recordFilings, disclosures and news, newest first
- FY2020DroppedAnnual report
「During the current consolidated fiscal year, Japan's economy shifted from a path of moderate recovery to challenging conditions due to a succession of natural disasters and the effects of the spread of the novel coronavirus.」
The impact of future population decline on personal consumption, which was mentioned previously, is not directly addressed in the description of the business environment for the current fiscal year. - FY2018-Q3First statedAnnual report
「Personal consumption has also remained in a challenging environment due to various factors, including consumers' preference for defensive spending amid concerns about the future, intensifying competition, including from businesses in other sectors, and the eventual decline in the population.」
The company explicitly identified the future population decline for the first time as a factor weighing on personal consumption, alongside defensive spending preferences and intensifying competition.