Risk of Failure to Meet Earnings Targets Due to Changes in Consumer Needs, Competition and Sudden Shifts in Trends
First written in FY2018. 7 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 10 of 15 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The Group is addressing this risk by promptly collecting the product information customers need and immediately reflecting it in product planning and other activities for commercialisation.」
In response to the risk of falling short of earnings due to changing consumer needs, competition and abrupt trend changes, the Company explicitly states that it promptly reflects collected information in product planning and commercialisation. - FY2026-H1RestatedAnnual report
「The outlook remains uncertain, owing to downside pressure on consumer sentiment from continued price increases and persistently high raw material and energy prices, among other factors, and consumers' purchasing behaviour is becoming more selective.」
The environment in which consumer sentiment is weakened by price increases and other factors and purchasing behaviour becomes more selective is described as a continuation of existing risks relating to consumption and competition. - FY2022RestatedAnnual report
「To respond accurately to consumer needs for fashion products, the Group strives to develop products with distinctiveness and competitiveness. However, sluggish personal consumption caused by economic fluctuations, competition from other companies and abrupt changes in fashion trends may prevent it from securing the earnings initially planned, potentially affecting the Group's performance.」
The risk of falling short of target earnings due to sluggish personal consumption, competition and abrupt trend changes, as well as the response through product development focused on distinctiveness and competitiveness, are reaffirmed. - FY2021RestatedAnnual report
「To respond accurately to consumer needs for fashion products, the Group strives to develop products with distinctiveness and competitiveness through its brand-focused management approach. However, sluggish personal consumption caused by economic fluctuations, competition from other companies and abrupt changes in fashion trends may prevent it from securing the earnings initially planned.」
The risk of falling short of target earnings due to sluggish personal consumption, competition and abrupt trend changes, as well as the response through brand-focused management, are reaffirmed. - FY2020-Q1RestatedAnnual report
「Consumers' preference for saving on clothing remains strong, and the operating environment generally remained challenging.」
The continued preference for saving on clothing and the challenging competitive and operating environments are described. - FY2019RestatedAnnual report
「Weak personal consumption caused by economic fluctuations, competition from other companies and rapid changes in fashion trends could prevent the Group from securing the earnings originally planned and could affect its results.」
The risk of falling short of target earnings due to sluggish personal consumption, competition and abrupt changes in fashion trends is reaffirmed. - FY2019-Q3RestatedAnnual report
「Consumers' preference for saving on clothing remains strong, and the competitive environment generally remained challenging.」
The continued preference for saving on clothing and the challenging competitive environment are described. - FY2019-Q2RestatedAnnual report
「Consumers' preference for saving on clothing remains strong, and the competitive environment generally remained challenging.」
The continued preference for saving on clothing and the challenging competitive environment are described. - FY2018First statedAnnual report
「Weak personal consumption caused by economic fluctuations, competition from other companies and rapid changes in fashion trends could prevent the Group from securing the earnings originally planned and could affect its results.」
Weak personal consumption, competition and rapid changes in fashion trends are identified as risks to achieving planned earnings.