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Yonex (7906) · RiskRestated

Contraction of Japan’s domestic sports market due to the declining birth rate

First written in FY2016. 5 of 9 entries say "Restated". Latest entry: FY2026.

9entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017-Q1MaterialisedFY2019-Q3 – FY2019RestatedFY2020 – FY20262016: 220162017: 020172018: 120182019: 220192020: 120202021: 120212022: 020222023: 020232024: 120242025: 020252026: 12026
Same theme, other companies
Domestic market contraction due to declining birth rates, population aging and population declineA theme 64 companies write about · 63 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2023: 10 of 30 companies on the "Worse" side.

38 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 64 companies compared. The sentences above are computed from all 64.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「For the sporting goods business going forward, Japan is expected to experience a decline in population over the medium to long term due to the declining birthrate and aging population.」

    Reconfirming the risk of declining demand among younger people in Japan due to the declining birthrate, population aging and population decline.
  2. FY2024RestatedAnnual report

    「For the sporting goods business going forward, Japan is expected to experience a decline in population over the medium to long term due to the declining birthrate and aging population.」

    Reconfirming the risk of declining demand among younger people in Japan due to the declining birthrate, population aging and population decline.
  3. FY2021RestatedAnnual report

    「For the sporting goods business going forward, Japan is expected to experience a decline in population over the medium to long term due to the declining birthrate and aging population.」

    Reconfirming the impact of Japan’s declining birthrate, population aging and population decline on demand for sporting goods.
  4. FY2020RestatedAnnual report

    「For the sporting goods business going forward, Japan is expected to experience a decline in population over the medium to long term due to the declining birthrate and aging population.」

    Reconfirming the risk of declining demand among younger people in Japan due to the declining birthrate, population aging and population decline.
  5. FY2019MaterialisedAnnual report

    「Although the performance of Naomi Osaka (大坂なおみ) and strong sales of rackets with new designs benefited tennis products, sales declined due to footwear sales falling short of the previous year and lower sales of soft-tennis products resulting from the declining birthrate, among other factors.」

    Lower sales of soft-tennis products due to the declining birthrate were explicitly cited for the full fiscal year as a factor behind the decline in domestic sales.
  6. FY2019-Q3MaterialisedAnnual report

    「Although the performance of Naomi Osaka (大坂なおみ) and the launch of new products benefited tennis products, sales declined due to footwear sales falling short of the previous year and lower sales of soft-tennis products resulting from the declining birthrate, among other factors.」

    Lower sales of soft-tennis products due to the declining birthrate are explicitly cited as a factor behind the decline in domestic sales.
  7. FY2018RestatedAnnual report

    「Although the number of births in Japan has continued to decline in recent years, if the declining birthrate progresses further and the young population participating in sports decreases, this may adversely affect operating results and financial condition.」

    The risk of a contraction in the domestic market due to Japan's declining birthrate and the decrease in the young population participating in sports has been reaffirmed.
  8. FY2017-Q1MaterialisedAnnual report

    「In the sports facilities business, fitness facilities have performed relatively well, while large outdoor facilities such as golf courses are struggling with a decline in the number of people participating in the relevant sports.」

    The impact of a shrinking sports market due to a decline in the number of participants is described as the difficulty faced by large outdoor facilities such as golf courses.
  9. FY2016First statedAnnual report

    「Although the birthrate has continued to decline in recent years, if the declining birthrate progresses further and the young population participating in sports decreases, this may adversely affect operating results and financial condition.」

    For certain products that depend on school physical education and club activities, the declining birthrate and decrease in the young population participating in sports are identified as risks.
Moved together

"Demand contraction due to recessions in major markets" moved the same way as this thread, in the same document, in 3 of its 9 moves.

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  2. 1Demand contraction due to recessions in major markets3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Contraction of Japan’s domestic sports market due to the declining birth rate | YONEX CO.,LTD. (7906) | Komori