Contraction of the Domestic Children's Apparel Market Due to the Declining Birthrate
First written in FY2019. 3 of 7 entries say "Restated". Latest entry: FY2025.
Kimuratan moved to the "Worse" side of this theme in 2022.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「To address the structural challenge of declining births in Japan, the company is shifting toward expanding the application of wearable IoT beyond childcare into elderly welfare and nursing care.」
The company continues to recognize declining births in Japan as a structural challenge and is expanding into elderly welfare and nursing care to reduce its reliance on childcare. - FY2023MaterialisedAnnual report
「However, given the decline in births, operating a limited number of facilities has limitations in providing high-quality childcare on a stable basis, and the company believes it would be preferable to transfer operations to an operator with more facilities and greater expertise」
The company explained that the challenging childcare business environment caused by declining births led to the limitations of operating a small number of facilities and the decision to transfer the business. - FY2022-Q3WorsenedAnnual report
「With Japan’s children’s apparel market expected to contract further, the company determined that building new sources of revenue was essential」
Regarding Japan’s children’s apparel market, the company described it as “expected to contract further” rather than simply forecasting a contraction, and indicated that new sources of revenue were essential. - FY2021RestatedAnnual report
「In light of the challenging business environment surrounding the apparel business, including the declining birth rate and the spread of COVID-19」
The company continues to indicate the need to expand its business areas against the backdrop of the contraction of Japan’s children’s apparel market due to the declining birth rate. - FY2020-Q2RestatedAnnual report
「As the contraction of the domestic market due to the declining birth rate becomes unavoidable, the company believes that expanding its business overseas is important for future growth.」
The company continues to describe the contraction of the domestic market due to the declining birth rate as unavoidable and explain the importance of overseas expansion. - FY2020-Q1WorsenedAnnual report
「As the contraction of the domestic market due to the declining birth rate becomes unavoidable, it is important for future growth」
The company described the contraction of the domestic market due to the declining birth rate as an “unavoidable situation,” a stronger expression than its previous outlook. - FY2019First statedAnnual report
「With the domestic children’s apparel market expected to contract as the birth rate continues to decline, the company is working to expand its business areas over the medium to long term」
The company identified the expected contraction of Japan’s children’s apparel market due to the declining birth rate as an external environmental risk underlying the need to expand its business areas over the medium to long term.