Changes in Consumer Behavior Driven by Demographic Changes and Diversifying Values
First written in FY2016. 15 of 30 entries say "Reframed", first in FY2018-Q1. Latest entry: FY2027-H1.
Maxvalu Tokai moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
5 other companies' latest entry also says "Reframed".
- FY2027-H1ReframedAnnual report
「The economy showed a moderate recovery trend on the back of improvements in employment and private consumption. However, the outlook remained uncertain, with concerns over the effects of the situation in the Middle East and natural disasters.」
In addition to the previous sources of uncertainty, including overseas economic conditions, the Chinese economy and US tariffs, the Company identifies the situation in the Middle East and the effects of natural disasters as new concerns. - FY2026-H1ReframedAnnual report
「During the current interim consolidated accounting period, economic activity in Japan continued to recover, and the economy showed a moderate recovery trend on the back of improvements in employment and private consumption. However, the outlook remained uncertain, with concerns over the impact of higher US tariffs.」
Regarding the consumption environment, the Company recognizes improvements in employment and private consumption while identifying higher US tariffs as a new source of uncertainty. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, economic activity in Japan continued to recover, and the economy showed a moderate recovery trend on the back of recovery in employment and private consumption and increased inbound demand. However, the outlook remained uncertain, with concerns that a downturn in overseas economies resulting from global monetary tightening and stagnation in the Chinese economy could weigh on Japan’s domestic economy.」
The Company recognizes the recovery in economic activity, private consumption and inbound demand, while continuing to identify downturns in overseas economies and stagnation in the Chinese economy as downside risks. - FY2025-Q1ReframedAnnual report
「Economic activity continued to recover, and the economy showed a moderate recovery trend on the back of a recovery in private consumption and increased inbound demand. However, the outlook remained uncertain, with concerns that a downturn in overseas economies resulting from global monetary tightening and stagnation in the Chinese economy could weigh on Japan’s domestic economy.」
In addition to the previous changes in the consumption environment centered on the post-COVID period and higher raw-material costs, the Company cites the recovery in private consumption and inbound demand alongside downside risks from monetary tightening and stagnation in the Chinese economy. - FY2024-Q3ReframedAnnual report
「As economic activity normalized following the reclassification of COVID-19 as a Class 5 disease, the economy showed a moderate recovery trend. However, the outlook remained uncertain, with concerns that a downturn in overseas economies resulting from global monetary tightening and stagnation in the Chinese economy could weigh on Japan’s domestic economy.」
The Company describes the normalization of the economy following the reclassification to Class 5 as a premise, while identifying downturns in overseas economies and stagnation in the Chinese economy as new sources of uncertainty for the economic and consumption environment. - FY2024-Q1ReframedAnnual report
「With COVID-19 being reclassified as a Class 5 disease, consumption trends have also changed, including increased movement of people.」
The Company updates its description of the consumption environment, moving from consumption changes caused by lifestyle restrictions during the COVID-19 pandemic to changes in consumption trends accompanied by increased movement of people following the reclassification to Class 5. - FY2023ReframedAnnual report
「Changes in customers’ consumption trends and values in the post-COVID period, increasingly diverse lifestyles, and further progress toward a sustainable society, among other factors」
In addition to previous demographic and value changes and changes in consumption amid the COVID-19 pandemic, the Company reorganizes post-COVID developments, progress toward sustainability and increasingly diverse lifestyles as changes in the store environment. - FY2023-Q1ReframedAnnual report
「In the food supermarket industry to which the Company belongs, the outlook remains unpredictable, as management challenges such as changes in consumption trends amid the COVID-19 pandemic, successive increases in food prices due to soaring raw-material costs, intensifying competition across industries and business formats, and rising labor costs continue to persist.」
In addition to previous demographic and value changes and changes in consumption amid the COVID-19 pandemic, the Company explicitly identifies successive increases in food prices resulting from soaring raw-material costs as a new change in the consumption environment. - FY2022-Q3ReframedAnnual report
「In the food supermarket industry to which the Company belongs, the economic outlook remains unpredictable, as management challenges such as changes in consumption trends amid the COVID-19 pandemic, higher food prices due to soaring raw-material costs, intensifying competition across industries and business formats, and rising labor costs continue to persist.」
In addition to previous changes in consumption trends and values, the Company explicitly identifies higher food prices resulting from soaring raw-material costs as a new change in the consumption environment. - FY2022-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan’s economy remained in a severe situation amid the continuing spread of COVID-19. As infections increased with the spread of variants, a state of emergency was declared again, and the outlook for containing the infection remained uncertain.」
The Company states that changes in consumption behavior and lifestyles associated with variants, rising infections and declarations of a state of emergency have continued. - FY2022-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan’s economy continued to face the spread of COVID-19. With the spread of variants, priority preventive measures to prevent the spread of disease and a third state of emergency were declared, and the outlook for containing the infection remained uncertain.」
As background to changes in consumption behavior, the Company explicitly identifies the spread of variants, the third state of emergency and the continuation of infection spread and restrictions on daily life. - FY2021ReframedAnnual report
「As customers’ consumption trends and values changed amid the COVID-19 pandemic, while the highly information-oriented society advanced and lifestyles diversified at an accelerating pace, stores were expected to assume an increasingly important role as places of community for customers and local communities.」
In addition to demographic trends and increasingly diverse values, the Company explicitly identifies changes in consumption trends and values amid the COVID-19 pandemic, the advance of the information society and diversifying lifestyles. - FY2021-Q2ReframedAnnual report
「Consumers’ lifestyles and purchasing trends have changed significantly as concerns over COVID-19 led to various requests for restraint and restrictions in everyday life.」
In addition to consumption changes driven by demographic trends, values and cost-consciousness, the Company explicitly identifies major changes in lifestyles and purchasing trends prompted by requests for restraint and restrictions. - FY2021-Q1ReframedAnnual report
「Consumption trends have changed significantly, including growing demand for eating at home as a result of requests to refrain from going out.」
In addition to consumption changes driven by demographic trends, values and cost-consciousness, the Company identifies growing demand for eating at home prompted by requests to refrain from going out as a new change in consumer behavior. - FY2020-Q3ReframedAnnual report
「The food supermarket industry continues to face a challenging business environment, including increasingly diverse customer values and needs, concerns about future consumption trends following the October consumption tax increase, and further intensifying competition across industries and business formats due to cashless payment rebate programs.」
In addition to increasingly diverse customer values and needs, the Company explicitly identifies consumption trends following the consumption tax increase and cashless initiatives as new changes in the consumption environment. - FY2020-Q2RestatedAnnual report
「The food supermarket industry continues to face a challenging business environment, including increasingly diverse customer values and needs, a deep-rooted preference for thrift, and increasingly intense competition across industries and business formats.」
The Company describes increasingly diverse customer values and needs and cost-consciousness as continuing changes in the consumption environment. - FY2020-Q1RestatedAnnual report
「The food supermarket industry continues to experience changes in the consumption environment, including increasingly diverse customer values and needs and the further progression of declining birth rates and population aging.」
The Company continues to recognize changes in the consumption environment resulting from increasingly diverse customer values and needs and the progression of declining birth rates and population aging. - FY2019RestatedAnnual report
「Changes in the external environment; intensifying and diversifying competition; declining birth rates and population aging; changes in consumption trends; prolonged cost-consciousness; further advances in the information society; diversifying lifestyles」
The Company continues to identify declining birth rates and population aging, changes in consumption trends and cost-consciousness, the information society, and changing lifestyles as important changes in the business environment. - FY2019-Q3RestatedAnnual report
「In addition to changes in the business environment, including increasingly diverse customer consumption patterns and values,」
The Company continues to describe increasingly diverse consumption patterns and values as changes in the business environment. - FY2019-Q2RestatedAnnual report
「In addition to changes in the business environment, including increasingly diverse customer consumption patterns and values,」
The Company continues to describe increasingly diverse consumption patterns and values as changes in the business environment. - FY2019-Q1ReframedAnnual report
「The food supermarket industry is also experiencing major changes in its business environment, including increasingly diverse customer values and preferences, the progression of declining birth rates and population aging, and a rapid decrease in the working-age population.」
In addition to the previous references to population decline and increasingly diverse values, the Company explicitly identifies the progression of declining birth rates and population aging and the rapid decrease in the working-age population. - FY2018RestatedAnnual report
「The Company continues to face a challenging business environment, including increasingly diverse customer consumption patterns and values, rising labor costs associated with population decline and worsening hiring conditions, and intensifying competition across industries and business formats.」
The Company continues to identify changes in social structure, including increasingly diverse consumption patterns and values and population decline, as business-environment risks. - FY2018-Q3RestatedAnnual report
「The food supermarket industry also continues to face a challenging business environment, including increasingly diverse customer consumption behavior and values, population decline, rising labor costs due to deteriorating hiring conditions, and increasingly intense competition across industries and business formats.」
Continues to recognize increasingly diverse consumption behavior and values, population decline, rising labor costs, and intensifying competition as risks in the business environment. - FY2018-Q2ReframedAnnual report
「The food supermarket industry also continues to face a challenging business environment, including customers’ growing focus on protecting their household finances amid concerns about the future, increasingly diverse consumption behavior and values, population decline, rising labor costs due to deteriorating hiring conditions, and increasingly intense competition across industries and business formats.」
Explicitly identifies growing concern about protecting household finances amid uncertainty about the future, in addition to the existing diversification of consumption behavior and values and population decline. - FY2018-Q1ReframedAnnual report
「The food supermarket industry also continues to face a challenging business environment, with population decline in regional areas and ongoing changes such as increasingly diverse customer consumption behavior and values, as well as rising labor costs due to deteriorating hiring conditions and increasingly intense competition across industries and business formats.」
Makes the population-related risk more specific, changing from the previous general reference to demographic shifts to an explicit reference to population decline in regional areas. - FY2017RestatedAnnual report
「The future business environment is expected to remain challenging, against the backdrop of increasingly diverse customer consumption behavior and values, and changes in demographics and the competitive environment.」
Continues to recognize increasingly diverse consumption behavior and values, along with changes in demographics and the competitive environment, as risks to the future business environment. - FY2017-Q3RestatedAnnual report
「Steady responses are required to changes in the social structure, including shifts in customer consumption behavior and increasingly diverse values, as well as rising labor costs and deteriorating hiring conditions.」
States that continued responses are required to changes in the social structure, including increasingly diverse consumption behavior and values. - FY2017-Q2RestatedAnnual report
「The food supermarket industry also needs to respond steadily to changes such as shifts in customer consumption behavior and increasingly diverse values, as well as changes in the cost structure including deteriorating hiring conditions and rising labor costs.」
Continues to recognize increasingly diverse consumption behavior and values as changes in the industry environment and states the need to respond. - FY2017-Q1RestatedAnnual report
「The food supermarket industry also needs to respond swiftly to changes such as increasingly diverse customer consumption behavior and values.」
Continues to recognize increasingly diverse consumption behavior and values as changes in the industry environment and states the need to respond. - FY2016First statedAnnual report
「The challenging environment is expected to continue, owing to changes in consumer behavior against the backdrop of demographic shifts and increasingly diverse values, as well as an increasingly competitive environment.」
Describes changes in population, values, and consumer behavior as risks to the future business environment.