Pressure on Personal Consumption from Unseasonable Weather and Typhoons
First written in FY2018-Q3. 1 of 3 entries say "Worsened", first in FY2018. Latest entry: FY2020.
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Because of their nature, the assistive products for mobility that are our group’s principal products are affected by demand for gifts for Mother’s Day and Respect for the Aged Day. In seasons when temperatures fall, they are also affected by reduced opportunities for older people to go out.」
The document continues to disclose seasonal fluctuation risk resulting from gift demand, lower temperatures, and reduced opportunities to go out. - FY2018WorsenedAnnual report
「Adverse weather in August 2017 and a succession of typhoons from September through October, followed by heavy snowfall across Japan due to a cold wave from January through February 2018, had a negative impact on personal consumption.」
In addition to the previous adverse weather and typhoons, the document describes the negative impact of cold waves and heavy snowfall on personal consumption, broadening the range of contributing factors. - FY2018-Q3First statedAnnual report
「Meanwhile, adverse weather in August this year and a succession of typhoons from September through October had a negative impact on personal consumption.」
The document states that adverse weather and typhoons had an actual negative impact on personal consumption.