Decline in customer demand due to product price increases
First written in FY2023-Q2. 2 of 5 entries say "Restated". Latest entry: FY2024.
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- FY2024WorsenedAnnual report
「In the furniture distribution market, sales of powered beds for healthcare and long-term care continued to trend downward, as did sales of standard beds. In addition, owing to declining demand following the price increases, sales in this market during the current consolidated fiscal year decreased by 37.1% from the previous fiscal year to ¥51 million.」
Declining demand following product price increases continued in the furniture distribution market, and full-year sales in the market decreased by 37.1% from the previous fiscal year to ¥51 million. - FY2024-Q3WorsenedAnnual report
「Sales of electric beds for medical and nursing care in the furniture distribution market fell 42.8% year on year to ¥38 million in the cumulative first nine months of the current consolidated fiscal year, as the market continued to decline, as did the general-bed market, and demand weakened following price increases.」
Declining demand following product price increases continued in the furniture distribution market, and sales decreased by 42.8% year on year. While the price increases contributed to higher selling prices in the healthcare and senior-care facility market, they appeared as declining demand in the furniture distribution market. - FY2023RestatedAnnual report
「Amid these market conditions, sales in the assistive products distribution market during the current consolidated fiscal year decreased by 4.6% from the previous fiscal year to ¥4,427 million, owing in part to declining customer demand following the product price increases in October 2022.」
Declining customer demand following the product price increases in October 2022 continued throughout the fiscal year, and sales in the assistive products distribution market decreased by 4.6% from the previous fiscal year. - FY2023-Q3RestatedAnnual report
「Amid these market conditions, sales in the assistive products distribution market during the current third-quarter consolidated cumulative period decreased by 8.6% year on year to ¥3,239 million, owing in part to declining customer demand following the product price increases in October 2022.」
The company continued to describe declining customer demand following the product price increases in October 2022, and sales in the assistive products distribution market decreased by 8.6% year on year to ¥3,239 million. - FY2023-Q2First statedAnnual report
「Against this backdrop, sales in the welfare equipment distribution market during the cumulative second-quarter period fell 11.4% year on year to ¥2,219 million, partly because customers' demand declined following the product price increases in October 2022.」
Customer demand declined following the product price increases in October 2022, and sales in the assistive products distribution market decreased by 11.4% year on year.