Changes in fashion trends and customer preferences
First written in FY2017. 9 of 13 entries say "Mitigated", first in FY2022. Latest entry: FY2027-H1.
The whole theme swung hardest in 2019: 4 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「In particular, to address changing needs resulting from the diversification of business styles, we focused on strengthening coordinated outfit proposals centered on matching separates under the theme of "wearability performance."」
To address changing customer needs, the company strengthened coordinated outfit proposals centered on separates, with an emphasis on wearability performance. - FY2026MitigatedAnnual report
「We are working to reduce these risks by developing materials and styling that accurately reflect customer needs and establishing product assortment systems tailored to each store type.」
To respond to changes in customer preferences and trends, the company continues to develop materials and styling and maintain store-type-specific product assortment systems. - FY2026-H1MitigatedAnnual report
「In terms of products, we pursued product development focused on functionality and design to enhance brand value, while also working on planned product rollouts in line with market trends.」
In response to changes in the market and customer needs, the company is pursuing product development focused on functionality and design and planned product rollouts as countermeasures. - FY2025MitigatedAnnual report
「We are working to reduce these risks by developing materials and styling that accurately reflect customer needs and establishing product assortment systems tailored to each store type.」
As measures to respond to changes in customer preferences and trends, the company continues to highlight materials and styling development and store-type-specific product assortments. - FY2025-Q1MitigatedAnnual report
「In terms of products, we enhanced our product assortment to respond to changes in consumer needs, including the increasing prevalence of office casualwear. The range of high-performance products under the “Happy Function” brand, designed to make everyday life and business settings more comfortable, performed well, and sales of casual-related products such as trousers, jackets, and shirts grew substantially.」
The company explains that it responded to changing consumer needs with assortments including office casualwear, high-performance “Happy Function” products, and casual-related products, resulting in higher sales of related products. - FY2023MitigatedAnnual report
「We are working to reduce these risks by developing materials and styling that accurately reflect customer needs and establishing product assortment systems tailored to each store type.」
To respond to changing customer needs, the company continues to develop materials and styling and maintain store-type-specific product assortment systems. - FY2023-Q2MitigatedAnnual report
「In terms of products, we enhanced our product assortment to respond to changes in consumer needs, including the shift toward office casualwear that accelerated under the new normal.」
The company is continuing its response to changing customer preferences by developing product assortments that address changes in consumer needs, including the shift toward office casualwear that accelerated under the new normal. - FY2023-Q1MitigatedAnnual report
「In terms of products, we enhanced our product assortment to respond to changes in consumer needs, including the shift toward office casualwear that accelerated under the new normal.」
In response to changing consumer needs, the company is enhancing its product assortment, including in light of the shift toward office casualwear, as a mitigation measure. - FY2022MitigatedAnnual report
「We are working to reduce these risks by developing materials and styling that accurately reflect customer needs and establishing product assortment systems tailored to each store type.」
To respond to changes in fashion trends and customer preferences, the company identified materials and styling development and store-type-specific product assortment systems as risk mitigation measures. - FY2020RestatedAnnual report
「The products we handle are susceptible to factors including trends in personal consumption, market changes arising from competition with other companies, changes in fashion trends, and changes in customer preferences. If products are not planned and procured in line with these trends, our financial position and business performance may be affected.」
The company continues to disclose the impact on business performance as a risk if product planning and procurement fail to respond to changes in fashion trends and customer preferences. - FY2019MaterialisedAnnual report
「In light of the growing risk of fashion apparel becoming obsolete due to increasingly diverse consumer preferences and shorter product life cycles, the company reviewed its inventory valuation process and implemented an inventory write-down.」
Regarding the risk of product obsolescence arising from changes in fashion trends and customer preferences, the company described the heightened risk in terms of shorter product life cycles, which subsequently materialized through a review of its inventory valuation process and recognition of an inventory write-down of ¥817.735 million. - FY2018RestatedAnnual report
「The products we handle are susceptible to factors including trends in personal consumption, market changes arising from competition with other companies, changes in fashion trends, and changes in customer preferences. If products are not planned and procured in line with these trends, our business performance may be affected.」
The company continues to disclose the impact on business performance as a risk if product planning and procurement fail to respond to changes in fashion trends and customer preferences. - FY2017First statedAnnual report
「The products we handle are susceptible to factors including trends in personal consumption, market changes arising from competition with other companies, changes in fashion trends, and changes in customer preferences. If products are not planned and procured in line with these trends, our business performance may be affected.」
The company has newly organized the impact on business performance of product planning and procurement failing to respond to changes in the market and customer preferences as a business risk.