Impact of natural disasters such as torrential rain, typhoons and earthquakes on consumer spending and sales
First written in FY2019-Q3. 4 of 7 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2027-H1.
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- FY2027-H1MaterialisedAnnual report
「The business environment for spring and summer merchandise was challenging due to the slowdown in inbound consumption resulting from worsening Japan-China relations, the impact of a weak yen on foreign exchange rates, the ongoing rise in procurement costs caused by higher resource prices, growing consumer thriftiness against a backdrop of rising prices, particularly for necessities, and the effects of unstable weather and natural disasters.」
Unstable weather and natural disasters were reflected in the challenging conditions for spring and summer merchandise, alongside the slowdown in inbound consumption, higher procurement costs and greater consumer thriftiness. - FY2025RestatedAnnual report
「Our group receives products from business partners in Japan and overseas and supplies products to each sales destination, store and consumer through logistics networks in Japan and overseas. Accordingly, if a natural disaster or human-caused disaster such as war occurs in Japan or overseas, there is a risk that our group’s supply chain could become unstable and affect business operations.」
The risk that natural disasters and other events could destabilize supply chains in Japan and overseas continues to be explicitly identified. - FY2022-Q3MaterialisedAnnual report
「Consumer spending remained sluggish under difficult conditions, also affected by unsettled weather caused by torrential rain and other events from July through August.」
Torrential rain and other natural disasters, along with unsettled weather, actually occurred as factors behind weak consumer spending and affected the sales environment. - FY2022-Q2MaterialisedAnnual report
「Consumer spending remained sluggish under difficult conditions, also affected by unsettled weather caused by torrential rain and other events from July through August.」
Torrential rain and other natural disasters, along with unsettled weather, actually occurred as factors behind weak consumer spending and affected the sales environment. - FY2020RestatedAnnual report
「The apparel accessories industry also experienced extremely difficult sales conditions, particularly for winter merchandise, due to consumers’ preference for saving after the consumption tax increase, natural disasters such as typhoons and warmer winters.」
Consumers’ preference for saving after the consumption tax increase, natural disasters such as typhoons and warmer winters continued to appear in results as factors behind weak sales of winter merchandise. - FY2020-Q3MaterialisedAnnual report
「In the apparel accessories industry, consumer sentiment declined due to the preference for saving following the consumption tax increase and the effects of natural disasters such as typhoons. In addition, the warm winter made sales of winter products extremely sluggish.」
Natural disasters such as typhoons were cited as factors behind the decline in consumer sentiment, contributing to weak sales of winter merchandise. - FY2019-Q3First statedAnnual report
「Consumers’ preference for saving remained strong, while natural disasters such as torrential rain, typhoons and earthquakes, together with the tendency toward warmer winters from early autumn onward, negatively affected consumer sentiment.」
This is the first time that the occurrence of natural disasters and their impact on the consumer environment have been identified as a standalone theme, with natural disasters such as torrential rain, typhoons and earthquakes cited as negative factors for consumer sentiment.