Declining Consumption Due to Higher Consumption Taxes and Social Insurance Contributions
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2020-Q3.
Maxvalu Tokai moved to the "Worse" side of this theme in 2020.
The whole theme swung hardest in 2020: 3 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2020-Q3MaterialisedAnnual report
「Concern over the outlook for consumer spending following the consumption tax increase in October」
Previously, the risk assumed a future increase in the consumption tax rate, but this filing describes the October consumption tax increase as an event that has already occurred and expresses concern about consumer spending trends after the tax increase. - FY2019RestatedAnnual report
「If further consumption tax rate increases, higher social insurance contributions or other measures are implemented, resulting in a deterioration in consumer sentiment, this could affect operating performance and financial condition.」
The company continues to identify the impact of higher consumption tax rates, social insurance contributions and other increased burdens on personal consumption as a risk. - FY2018RestatedAnnual report
「If further consumption tax rate increases, higher social insurance contributions or other measures are implemented, resulting in a deterioration in consumer sentiment, this could affect operating performance and financial condition.」
The company continues to identify the impact of higher consumption tax rates, social insurance contributions and other increased burdens on personal consumption as a risk. - FY2017RestatedAnnual report
「If further consumption tax rate increases, higher social insurance contributions or other measures are implemented, resulting in a deterioration in consumer sentiment, this could affect operating performance and financial condition.」
The company continues to identify the impact of higher consumption tax rates and social insurance contributions on personal consumption as a risk. - FY2016First statedAnnual report
「If further consumption tax rate increases, higher social insurance contributions or other measures are implemented, resulting in a deterioration in consumer sentiment, this could affect operating performance and financial condition.」
As a retailer handling essential goods, the company identifies the impact of increased household burdens on consumer sentiment as a risk.