Easing of Shopping-Spree Demand for Products Aimed at Visitors to Japan
First written in FY2018-Q1. 12 of 17 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2019: 8 of 19 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2023-Q3MitigatedAnnual report
「In the Trading business, entry restrictions for products aimed at inbound demand were eased and visitors to Japan began to return gradually. However, numbers remained far below pre-pandemic levels, and, as in the previous consolidated fiscal year, there were no signs of recovery.」
With entry restrictions eased and visitors to Japan gradually beginning to return, the demand environment for products aimed at visitors to Japan has eased somewhat. However, it has not returned to pre-pandemic levels. - FY2022RestatedAnnual report
「Sales of lifestyle-related products for mass retailers, which have traditionally targeted inbound demand, continued to show no sign of recovery due to the spread of COVID-19,」
Weak demand for products for mass retailers due to the decline in visitors to Japan has continued. - FY2022-Q3RestatedAnnual report
「In the Trading business, sales of products for mass retailers aimed at inbound demand declined as the number of visitors to Japan plunged because of the spread of COVID-19. Sales of products for overseas markets also struggled amid intensifying competition. As a result, sales did not exceed the same period of the previous year, although operating profit did.」
While declining sales of products for mass retailers due to the sharp drop in visitors to Japan continued, overseas product sales provided a certain degree of support on the profit front. - FY2022-Q2RestatedAnnual report
「Sales of products for mass retailers aimed at inbound demand fell substantially as the spread of COVID-19 caused a sharp decline in visitors to Japan. Meanwhile, overseas product sales grew steadily, and although total sales declined, operating profit exceeded the level of the same period of the previous year.」
While declining sales of products for mass retailers due to the sharp drop in visitors to Japan continued, growth in overseas product sales made up for the shortfall in profit. - FY2021RestatedAnnual report
「In the Trading business, sales of lifestyle-related products for general consumers to mass retailers fell sharply as the number of visitors to Japan plunged. However, sales of products for overseas markets grew steadily, resulting in sales exceeding the previous consolidated fiscal year.」
While declining sales of products for mass retailers due to the sharp drop in visitors to Japan continued, increased overseas product sales supported higher sales for the trading business as a whole. - FY2021-Q3RestatedAnnual report
「In the Trading business, sales of traditional lifestyle-related products for general consumers to mass retailers fell sharply as the number of visitors to Japan plunged because of the spread of COVID-19. However, sales of products for overseas markets, which began in the previous consolidated fiscal year, continued to grow steadily, and both sales and profit exceeded the same period of the previous year.」
While declining sales of products for mass retailers due to the sharp drop in visitors to Japan continued, increased overseas product sales resulted in higher sales and profit for the trading business as a whole. - FY2021-Q2RestatedAnnual report
「In the Trading business, sales of traditional lifestyle-related products for general consumers to mass retailers fell sharply as the number of visitors to Japan plunged because of the spread of COVID-19. However, sales of products for overseas markets, which began in the previous consolidated fiscal year, grew steadily, enabling both sales and profit to exceed the same period of the previous year.」
While declining sales of products for mass retailers due to the sharp drop in visitors to Japan continued, increased overseas product sales resulted in higher sales and profit for the trading business as a whole. - FY2021-Q1MaterialisedAnnual report
「In the Trading business, sales to mass retailers of lifestyle-related products for general consumers fell sharply, while sales of products for overseas markets increased significantly.」
The sharp decline in foreign tourists visiting Japan due to the spread of COVID-19 materialized as a demand risk through declining sales of products for mass retailers. - FY2020RestatedAnnual report
「Although sales of the company's established products for mass retailers targeting visitors to Japan were affected by movements in inbound demand and some products were sluggish, overseas product trading grew steadily, enabling sales and profit overall to exceed the previous fiscal year's levels.」
While maintaining its explanation that some products for visitors to Japan remained sluggish, the company trading business as a whole reported higher sales and profit due to increased overseas product trading. - FY2020-Q3RestatedAnnual report
「In addition, sales of lifestyle-related products for general consumers, a business conducted for some time, were affected in part by movements in inbound demand, primarily. Although some products struggled to grow, sales remained generally steady,」
While noting the impact of inbound demand and sluggishness in some products, the company stated that sales of lifestyle-related products remained generally solid. - FY2020-Q2RestatedAnnual report
「In addition, sales of lifestyle-related products for general consumers, a business conducted for some time, have remained on an upward trend, although they are affected in part by movements in inbound demand, primarily,」
The company stated that sales of lifestyle-related products are affected by inbound demand but have maintained an upward trend. - FY2020-Q1RestatedAnnual report
「Sales of lifestyle-related products for general consumers, which the company has long offered, have maintained an upward trend, although they are affected in part by movements in inbound demand,」
The company continued to state that sales of lifestyle-related products are affected by trends in inbound demand but have maintained an upward trend. - FY2019MaterialisedAnnual report
「Products for mass retailers targeting visitors to Japan, including stainless steel bottles and lightweight suitcases, were affected by a decline in Chinese tourists following the Northern Osaka Earthquake and the torrential rains in western Japan around the middle of the previous year. However, the company worked to expand sales by developing new businesses, and both sales and operating profit exceeded the previous fiscal year's levels.」
The Northern Osaka Earthquake and the torrential rains in western Japan, among other events, reduced the number of Chinese tourists and had an actual impact on sales of products for visitors to Japan. However, across the engineering business, sales of ¥633.646 million and operating profit of ¥100.714 million exceeded the previous fiscal year's levels. - FY2019-Q2RestatedAnnual report
「The company also worked to improve customer satisfaction and expand sales of products for mass retailers targeting visitors to Japan, including stainless steel bottles and lightweight suitcases, in cooperation with the Chinese subsidiary. As a result, although some products for mass retailers were sluggish, sales of anti-loosening nuts and anti-loosening springs remained relatively solid.」
While some products for mass retailers remained sluggish, the company stated that anti-loosening products remained relatively solid. - FY2018-Q3RestatedAnnual report
「However, although operating profit exceeded the level of the same period of the previous year, sales were slightly below that level due to sluggish sales of anti-loosening nuts and declining sales of products for mass retailers resulting from weak inbound demand, among other factors.」
While declining inbound demand continued to reduce sales of products for mass retailers, operating profit in the engineering business exceeded the level of the same period of the previous year. - FY2018-Q2MaterialisedAnnual report
「However, sales and operating profit fell below the levels of the same period of the previous year due to sluggish sales of anti-loosening nuts and declining sales of products for mass retailers resulting from weak inbound demand, among other factors.」
Weak inbound demand was explicitly reflected in declining sales of products for mass retailers, and demand risks related to products for visitors to Japan affected actual results. - FY2018-Q1First statedAnnual report
「Although inbound shopping demand had a negative impact, sales of products related to anti-loosening solutions remained solid. As a result, sales were below the level of the same period of the previous year, while operating profit exceeded the previous year's level.」
The company stated that the cooling of shopping demand among visitors to Japan affected sales of products for mass retailers. Meanwhile, sales of products related to anti-loosening solutions remained solid, and operating profit in the engineering business exceeded the level of the same period of the previous year.