Failure to offset the decline in sales of existing products through sales of new products
First written in FY2020-Q3. 7 of 16 entries say "Restated". Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1SoftenedAnnual report
「As a result, although the Office Supplies and Other Businesses segment actively launched new products, revenue declined slightly year on year because sales in the mail-order business fell short of expectations, among other factors.」
The stated factors behind the decline in revenue are the mail-order business falling short of its sales target and other factors, rather than a decline in existing products, further weakening the previous explanation that new product launches had failed to offset the decline in existing products. - FY2026SoftenedAnnual report
「As a result, although the Office Supplies and Other Business benefited from aggressive new-product launches, the effects of price revisions and increased sales in the domestic sales and mass-retail divisions, sales declined slightly from the previous consolidated fiscal year due in part to lower orders caused by a system failure originating in a ransomware attack on a major domestic online retailer.」
Although new products, price revisions and increased sales in the domestic sales and mass-retail divisions contributed positively, the factors behind the sales decline have shifted from the decline in existing products alone to lower orders caused by system failures at a major online retailer. - 2026-04-28SoftenedGeneral Meetings of Shareholders
「Among existing products, the “Desk Stand” in the major Desk Storage series, the “Decoration Box Pouch” in the myfa series, the long-selling “Looper File,” as well as “Color Clear Holders,” “Request Clear Books,” and OEM products continued to perform steadily.」
The company states that multiple existing products, as well as new products, performed steadily, indicating that the previous situation in which new products could not offset declines in existing products has weakened. - FY2025SoftenedAnnual report
「Among existing products, the core desk-storage series product “机上台,” the long-selling “ルーパーファイル,” the “リクエストクリヤーブック,” “ＳＭＡＲＴ ＦＩＴ ＰｕｎｉＬａｂｏ（スマートフィットプニラボ）スタンドペンケース,” OEM products and others continued to perform firmly.」
Existing products also continued to perform firmly, not only new products, weakening the previous description that new products could not offset the decline in existing products. - FY2025-Q1SoftenedAnnual report
「Among existing products, the core desk-storage series product “机上台,” the long-selling “ルーパーファイル” and “カラークリヤーホルダー,” as well as the “リクエストＤ型クリヤーブック,” “ＳＭＡＲＴ ＦＩＴ ＰｕｎｉＬａｂｏ（スマートフィットプニラボ）スタンドペンケース,” OEM products and others continued to perform firmly.」
Existing products continued to perform firmly, further weakening the previous situation in which new-product launches alone could not offset the decline in existing products. - FY2024-Q3SoftenedAnnual report
「The main new products included the sustainable stationery and storage goods “ＳＦＪ×ＬＩＨＩＴ ＬＡＢ．,” developed in collaboration with the international environmental NGO Surfrider Foundation Japan (SFJ) and using 2 types of materials made from ocean-bound plastic; the “ｍｙｆａ (ミファ)” goods-storage series, which proposed a new category in the stationery market as a supply line supporting fan activities; and the “１冊でも倒れないブックスタンド” bookstand, which organizes a small number of books, CDs, DVDs and other cases without allowing them to fall over. These products increased sales. Among existing products, the desk-storage series’ “机上台,” a core product, the long-selling “ルーパーファイル,” the “リクエストクリヤーブック,” the “ＳＭＡＲＴ ＦＩＴ ＰｕｎｉＬａｂｏ（スマートフィットプニラボ）スタンドペンケース,” OEM products and others continued to perform firmly.」
New products increased sales and existing products also remained firm, resulting in higher sales in the Office Supplies and Other Business. The previous situation in which new-product launches alone could not offset the decline in existing products has therefore weakened. - FY2024-Q2SoftenedAnnual report
「The main new products included the “ｍｙｆａ (ミファ)” goods-storage series, which proposed a new category in the stationery market as a supply line supporting fan activities, and the “１冊でも倒れないブックスタンド” bookstand, which organizes a small number of books, CDs, DVDs and other cases without allowing them to fall over. These products increased sales.」
In addition to growth in new-product sales, existing products such as desk organizers, Loopla files and colored clear holders also remained firm, resulting in higher sales in the Office Supplies and Other Business. The description that existing-product declines could not be offset has therefore weakened. - FY2023RestatedAnnual report
「As a result, although the Office Supplies and Other Business worked aggressively to launch new products, sales fell short of expectations due in part to sluggish sales of some existing products, resulting in a slight decline in sales from the previous consolidated fiscal year.」
Although the company worked to launch new products, sales fell short of expectations due to sluggish sales of some existing products, and the Office Supplies and Other Business has continued to record lower full-year sales. - FY2023-Q3RestatedAnnual report
「However, although the Office Supplies and Other Business worked aggressively to launch new products, sales fell short of expectations due in part to sluggish sales of some existing products, resulting in lower sales than in the same period of the previous year.」
Although the company worked to launch new products, sales fell short of expectations due to sluggish sales of some existing products, resulting in lower year-on-year sales in the Office Supplies and Other Business. - FY2023-Q1RestatedAnnual report
「However, although the Office Supplies and Other Business worked aggressively to launch new products, sales fell short of expectations, resulting in lower sales than in the same period of the previous year.」
Although the company worked to launch new products, sales fell short of expectations, and the Office Supplies and Other Business recorded lower sales than in the same period of the previous year without offsetting the decline in existing products and other items. - FY2021RestatedAnnual report
「However, although the aggressive launch of new products in the Office Supplies and Other Business contributed to sales, it could not fully offset the decline in existing products caused by the impact of COVID-19, resulting in lower sales than in the previous consolidated fiscal year.」
The company continues to state that, although new-product launches contributed to sales, they could not offset the decline in existing products caused by COVID-19, resulting in lower full-year sales in the Office Supplies and Other Business. - FY2021-Q3RestatedAnnual report
「However, although the aggressive launch of new products in the Office Supplies and Other Business contributed to sales, it could not fully offset the decline in existing products caused by the impact of COVID-19, resulting in lower sales than in the same period of the previous year.」
The company continues to state that, although new-product launches contributed to sales, they could not offset the decline in existing products caused by COVID-19, resulting in lower year-on-year sales in the Office Supplies and Other Business. - FY2021-Q2RestatedAnnual report
「However, although the aggressive launch of new products in the Office Supplies and Other Business contributed to sales, it could not fully offset the decline in existing products caused by the impact of COVID-19, resulting in lower sales than in the same period of the previous year.」
The company continues to state that, although new-product launches contributed to sales, they could not offset the decline in existing products caused by COVID-19, resulting in lower year-on-year sales in the Office Supplies and Other Business. - FY2021-Q1Failure to offset the impact of COVID-19Annual report
「However, although the aggressive launch of new products in the Office Supplies and Other Business contributed to sales, it could not fully offset the decline in existing products caused by the impact of COVID-19, resulting in lower sales than in the same period of the previous year.」
Although new products contributed to sales, they could not offset the decline in existing products caused by COVID-19, resulting in lower sales than in the same period of the previous year. - FY2020RestatedAnnual report
「However, although the aggressive launch of new products in the Office Supplies and Other Business contributed to sales, sales fell short of expectations, so the new products could not fully offset the decline in existing products, resulting in lower sales than in the previous consolidated fiscal year.」
The company confirmed that new-product launches alone could not offset the decline in existing products and that the Office Supplies and Other Business recorded lower full-year sales. - FY2020-Q3First statedAnnual report
「However, although the aggressive launch of new products in the Office Supplies and Other Business contributed to sales, sales fell short of expectations, so the new products could not fully offset the decline in existing products, resulting in lower sales than in the same period of the previous year.」
The company has explicitly stated for the first time that, although the aggressive launch of new products contributed to sales, sales fell short of expectations and could not offset the decline in existing products.