Shrinking consumer base due to the declining birthrate and population aging
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2023: 10 of 30 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The decline in the customer base due to the declining birthrate is a concern. In addition, even for brands targeting other age groups, population aging may lead to a decline in the customer base in the future. These issues may affect the group's performance.」
The risk of a future decline in the customer base due to the declining birthrate and population aging continues to be disclosed. - FY2017RestatedAnnual report
「The decline in the customer base due to the declining birthrate is a concern. In addition, even for brands targeting other age groups, population aging may lead to a decline in the customer base in the future, and may result in issues such as a shrinking customer base.」
The future decline in the customer base due to the declining birthrate and population aging continues to be recognized. - FY2016First statedAnnual report
「The decline in the customer base due to the declining birthrate is a concern. In addition, even for brands targeting other age groups, population aging may lead to a decline in the customer base in the future. These issues may affect the group's performance.」
The future contraction of the customer base due to both the declining birthrate and population aging is recognized as a risk.