Impact of adverse weather, typhoons and heavy rain on the trading division
First written in FY2020-Q2. 1 of 2 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2024: 5 of 15 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「In the trading division, the year-end sales season failed to gain momentum as consumers continued to economize, partly due to the impact of the consumption tax increase. Some regions were also affected by natural disasters, including typhoons and heavy rain.」
The company continued to explain that the consumption tax increase and natural disasters such as typhoons and heavy rain affected the trading division's sales environment. - FY2020-Q2First statedAnnual report
「In the trading division, while prices of some products were revised, consumer efforts to economize continued and sales competition became even more intense, partly due to the impact of adverse weather caused by the prolonged rainy season. Some regions were also affected by natural disasters, including typhoons and heavy rain.」
The company indicated that adverse weather caused by the prolonged rainy season and natural disasters such as typhoons and heavy rain affected consumers' efforts to economize, sales competition, and the business environment in the regions concerned.