Impact of Consumption-Tax Changes on Consumer Spending
First written in FY2020-Q2. 1 of 4 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2026.
Asakuma moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026Consumption-tax reform trends reiterated as a future riskAnnual report
「In addition, the outlook for the food-service industry remains unclear because of future developments in consumption tax law revisions and other factors.」
Regarding the consumption tax increase risk, whose impact had previously become apparent, the Company has again identified future developments in consumption tax law revisions as a new factor contributing to uncertainty. - FY2020MitigatedAnnual report
「Customer traffic had been recovering from the effects of natural disasters and the consumption tax increase in the previous quarter through the effects of various promotional events, although」
The impact of the consumption tax increase showed signs of recovery due to the effects of various promotional fairs. However, the subsequent spread of COVID-19 had a significant impact on earnings. - FY2020-Q3MaterialisedAnnual report
「The business environment remains challenging because of factors including a growing tendency to economize due to the consumption tax increase starting in October.」
The Company identifies the growing tendency to economize due to the consumption tax increase as an actual business-environment factor. - FY2020-Q2First statedAnnual report
「Impact on personal consumption from the consumption tax revision starting in October」
The Company has newly identified the possibility that the October consumption tax revision will affect personal consumption as a factor contributing to uncertainty in the business environment.