Demand fluctuations caused by adverse weather, typhoons and the post-consumption-tax-rate-increase reaction
First written in FY2020-Q3. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 8 of 10 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Despite the effects of the backlash following the consumption tax rate increase and the closure of all stores in the Kanto region in October 2019 because of Typhoon Hagibis, customer numbers exceeded the year-earlier level, driven by stay-at-home consumption associated with working from home and refraining from going out following the implementation of measures to prevent the spread of COVID-19 from February 2020.」
The backlash following the consumption tax rate increase, the closure of all stores due to typhoons, and demand fluctuations caused by weather and other factors continue to be cited as factors affecting results. - FY2020-Q3First statedAnnual report
「Customer numbers fell below the year-earlier level due to the effects of the extended period of adverse weather from June to July, the backlash following the consumption tax rate increase, and the closure of all stores in the Kanto region in October because of Typhoon Hagibis.」
Adverse weather, the closure of all stores due to a typhoon, and the backlash following the consumption tax rate increase are cited as factors that actually affected customer numbers and sales during the quarter.