Decline in inbound demand from visitors to Japan and stagnation in the domestic market
First written in FY2016. 7 of 24 entries say "Mitigated", first in FY2020-Q3. Latest entry: FY2026-H1.
Zojirushi moved to the "Worse" side of this theme in 2021.
0 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「Domestic sales were ¥33,652 million, up 4.5% year on year.」
Despite weakness in the domestic market, domestic sales increased 4.5% year on year, confirming an improvement in domestic sales. - 2026-06-29MitigatedEarnings presentation
「Japan +¥1,446 million Overseas △¥368 million」
Domestic sales increased by ¥1,446 million year on year, further easing the weakness in the domestic market. - FY2025MitigatedAnnual report
「Domestic sales were ¥61,446 million, up 10.1% from the previous consolidated fiscal year.」
Amid signs of improved inbound demand and personal consumption, domestic sales increased 10.1% year on year, indicating an improvement in weak domestic market conditions. - FY2025-H1MitigatedAnnual report
「Domestic sales were ¥32,205 million, up 12.8% year on year.」
Against a backdrop of resilient inbound demand and improving personal consumption, domestic sales increased 12.8% year on year, indicating an improvement in weak domestic market conditions. - FY2024MitigatedAnnual report
「Domestic sales were ¥55,805 million, up 6.6% from the previous consolidated fiscal year.」
In contrast to the previous domestic market stagnation and decline in inbound demand, resilient inbound demand and a 6.6% year-on-year increase in domestic sales were reported. - FY2024-Q1MitigatedAnnual report
「Expectations for an economic recovery are rising, supported by resilient growth in emerging-market economies, increased inbound demand in Japan, and a recovery in services consumption.」
In contrast to the previous decline in inbound demand and domestic market stagnation, increased inbound demand and a recovery in services consumption were reported. Domestic sales also increased 7.4% year on year. - FY2023WorsenedAnnual report
「Domestic sales were ¥52,347 million, down 2.1% from the previous consolidated fiscal year, while overseas sales were ¥31,147 million, up 7.1%, accounting for 37.3% of total sales.」
Although a recovery in inbound demand was reported, domestic sales fell 2.1% year on year, and weakness in the domestic market continued. - FY2023-Q2WorsenedAnnual report
「Domestic sales for the consolidated group as a whole were ¥27,010 million, down 1.3% year on year.」
Although there was no direct reference to demand from visitors to Japan, domestic sales fell 1.3% year on year, and weak domestic sales continued. - FY2023-Q1WorsenedAnnual report
「Domestic sales for the consolidated group as a whole were ¥14,574 million, down 1.4% year on year.」
While expectations for the normalization of economic activity were expressed, domestic sales fell 1.4% year on year, and weakness in the domestic market continued. - FY2022WorsenedAnnual report
「In Japan, the recent depreciation of the yen, against a backdrop of a widening interest-rate differential between Japan and the United States, has added to higher import costs. Prices for food and durable consumer goods have risen, raising concerns that deteriorating consumer sentiment will restrain spending.」
In addition to the previous decline in inbound demand and market stagnation, rising prices caused by the weaker yen and concerns about consumers restraining spending were identified as new factors weakening the domestic market. - FY2022-Q3WorsenedAnnual report
「In Japan, the recent rapid depreciation of the yen, against a backdrop of a widening interest-rate differential between Japan and the United States, has added to higher import costs. Prices for food and durable consumer goods have risen, raising concerns that deteriorating consumer sentiment will restrain spending.」
Although there was no direct reference to demand from visitors to Japan, concerns that rising prices and deteriorating consumer sentiment in Japan would constrain spending were identified as a new factor behind domestic market stagnation. - FY2021-Q1RestatedAnnual report
「In Japan, the mainstay stainless-steel mugs performed sluggishly, partly because total market shipments declined sharply amid a substantial decrease in inbound demand from visitors to Japan. However, the stainless-steel SM-Z mugs featuring the industry's first "Seamless Sen," which combines the lid and gasket into one unit and was launched last September, performed well, and sales are showing signs of recovery.」
While the substantial decline in inbound demand and the drop in market shipments continued, products featuring "Seamless Sen" performed well, and sales of the mainstay stainless-steel mugs were described as trending toward recovery. - FY2020WorsenedAnnual report
「In Japan, the mainstay stainless-steel mugs performed sluggishly, partly because total market shipments declined sharply amid a substantial decrease in inbound demand from visitors to Japan.」
The substantial decline in inbound demand and the drop in market shipments materialized in full-year results as sluggish performance by the mainstay stainless-steel mugs. - FY2020-Q3MitigatedAnnual report
「Pressure IH rice cookers had previously performed poorly due to market stagnation and other factors, but sales subsequently began to recover as total market shipment volumes increased, and total rice cooker sales exceeded the previous year's level.」
Although the effects of market stagnation remain, sales of pressure IH rice cookers and rice cookers overall recovered as total market shipments increased. - FY2020-Q2RestatedAnnual report
「As a result, revenue for the six months ended the second quarter was ¥39,819 million, down 9.9% year on year. Stainless-steel vacuum bottles remained sluggish, partly due to the spread of COVID-19, while sales in China and Southeast Asia fell below the previous year's results. Domestic rice cooker sales also declined amid market stagnation, and the yen equivalent of overseas revenue was reduced by foreign exchange movements.」
Rice cooker sales continued to decline against a backdrop of domestic market stagnation, while the addition of infectious diseases and weakness in overseas markets resulted in continued below-prior-year consolidated sales. - FY2020-Q1MaterialisedAnnual report
「However, other rice cookers saw lower sales overall, partly due to market stagnation, causing total rice cooker sales to fall slightly below the previous year's level.」
Domestic market stagnation continued to manifest as lower sales of other rice cookers and below-prior-year sales overall for rice cookers. - FY2018RestatedAnnual report
「In Japan, although total market shipments of rice cookers declined amid continuing market stagnation, pressure IH rice cookers performed well after a new product was launched in the third quarter and efforts were made to expand sales. Microcomputer-controlled rice cookers also exceeded the previous year's results, resulting in an overall increase in rice cooker sales.」
Although domestic market stagnation and declining total market shipments continued, improvements by product resulted in higher overall rice cooker sales. - FY2018-Q3MaterialisedAnnual report
「However, sales were significantly affected by declining rice cooker sales in Japan and overseas, resulting in sales of ¥64,426 million, down 1.2% year on year.」
Domestic market stagnation continued, and declining rice cooker sales in Japan and overseas continued to result in a 1.2% year-on-year decline in consolidated sales. - FY2018-Q2MaterialisedAnnual report
「In Japan, sales of microcomputer-controlled rice cookers with enhanced functionality following last year's model change increased. However, other rice cookers were generally below the previous year's results, affected by market stagnation and inventory adjustments by customers, resulting in an overall decline in rice cooker sales.」
Domestic market stagnation and inventory adjustments by customers continued to manifest as below-prior-year sales of other rice cookers and lower overall rice cooker sales. - FY2018-Q1MaterialisedAnnual report
「Other rice cookers were generally below the previous year's results, affected by market stagnation and inventory adjustments by customers resulting from slower inbound demand from visitors to Japan, leading to an overall decline in rice cooker sales.」
Domestic market stagnation and slower inbound demand continued to manifest as inventory adjustments by customers and lower overall rice cooker sales. - FY2017MaterialisedAnnual report
「Other rice cookers performed poorly overall, affected by the stagnant market, inventory adjustments by retailers amid a slowdown in inbound demand from visitors to Japan, and new entries by competitors, resulting in lower total rice cooker sales.」
Domestic market stagnation and slower inbound demand occurred throughout the fiscal year in the form of inventory adjustments by customers and declining sales across rice cookers. - FY2017-Q3RestatedAnnual report
「However, sales were affected by declining sales of rice cookers, particularly in Japan, and amounted to ¥65,233 million, down 5.9% year on year.」
Although there was no direct reference to inbound demand, sales in Japan, particularly of rice cookers, continued to decline, confirming weak domestic sales. - FY2017-Q2RestatedAnnual report
「As a result, consolidated net sales for the second quarter of the current consolidated cumulative period were ¥48,390 million, down 6.8% year on year. In Japan, sales declined, mainly for rice cookers. Overseas, although sales increased in China, the decline in the yen-converted value of overseas sales due to yen appreciation compared with the same period of the previous year had a significant impact.」
Although there was no reference to inbound demand from visitors to Japan, rice cooker sales, particularly in Japan, continued to decline, confirming weak domestic sales. - FY2016MaterialisedAnnual report
「Overseas sales were affected by the decline in the yen-denominated value resulting from the yen's appreciation. In Japan, sales of products such as rice cookers fell below the previous year's results amid declining inbound demand from visitors to Japan and market stagnation, resulting in sales of ¥89,231 million, down 0.6% from the previous consolidated fiscal year.」
Declining inbound demand and domestic market stagnation materialized as lower sales of rice cookers and a 0.6% year-on-year decline in consolidated sales.