Yamaha (7951) · RiskRestated
Impact of the Declining Birthrate on Music Schools and School Sales
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2020.
4entries
5years
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Same theme, other companies
Declining demand for music schools and school sales due to the declining birthrateA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2020RestatedAnnual report
「In Japan, the Group's core musical instrument business operates music and English schools primarily for children, while sales through schools are also an important sales channel. The declining birth rate may cause revenue to decline going forward.」
The impact of the declining birth rate on music schools and school sales continues to be treated as a risk. - FY2019RestatedAnnual report
「Going forward, the declining birth rate may cause revenue to decline.」
The impact of the declining birth rate on music schools and school sales remains a risk. - FY2018RestatedAnnual report
「Going forward, the declining birth rate may cause revenue to decline.」
The impact of the declining birth rate on music schools and school sales remains a risk. - FY2016First statedAnnual report
「Going forward, the declining birth rate, particularly in Japan, may cause revenue to decline.」
An impact is expected on child-focused music and English schools and sales through schools.