Suppressed personal consumption and intensifying competition among companies
First written in FY2018. 8 of 16 entries say "Restated". Latest entry: FY2025-H1.
Takachiho moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 9 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no newly arising business or other risks, nor any significant changes in the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes to business and other risks, including restrained personal consumption and intensifying competition among companies. - FY2024-Q3WorsenedAnnual report
「In the outdoor products business, demand from the outdoor users added during the COVID-19 pandemic reached a plateau, while the entry of competing stores also affected results. Revenue was ¥339 million, down 24.0% from the same quarter of the previous year, and the business reported an operating loss of ¥0 million, compared with operating income of ¥43 million in the same quarter of the previous year.」
Regarding the existing risk associated with intensifying competition among companies, the entry of competing stores, together with demand reaching a plateau, continues to be a factor in the decline in revenue and the operating loss. - FY2024-Q2WorsenedAnnual report
「In the outdoor products business, demand from the outdoor users added during the COVID-19 pandemic reached a plateau, while the entry of competing stores also affected results. Revenue was ¥240 million, down 27.0% from the same quarter of the previous year, and operating income was ¥2 million, down 92.8%.」
Regarding the existing risk associated with intensifying competition among companies, the entry of competing stores, together with demand reaching a plateau, continues to be a factor in the decline in revenue and operating income. - FY2024-Q1WorsenedAnnual report
「In the outdoor products business, signs emerged that demand from the outdoor users added during the COVID-19 pandemic was reaching a plateau. In addition, the entry of competing stores affected results, with revenue of ¥122 million, down 22.2% from the same quarter of the previous year, and operating income of ¥2 million, down 84.3%.」
Regarding intensifying competition among companies, the entry of competing stores, together with demand reaching a plateau, has materialized as a factor in the decline in revenue and operating income. - FY2023WorsenedAnnual report
「Due to the plateauing of product demand and the entry of competing stores, the outdoor products business declined and amounted to ¥7,334 million, up 39.8% from the previous consolidated fiscal year.」
The risk associated with intensifying competition among companies also materialized for the full year as a decline in revenue and operating income in the outdoor products business due to the entry of competing stores. - FY2023-Q3WorsenedAnnual report
「In the outdoor products business, although the outdoor boom driven by the COVID-19 pandemic has continued, the plateauing of product demand, the entry of competing stores and delays in the supply of some products affected results, with revenue of ¥446 million, down 20.1% from the same quarter of the previous year, and operating income of ¥43 million, down 50.3%.」
Regarding intensifying competition among companies, the entry of competing stores, together with product demand reaching a plateau and supply delays, continues to be cited as a factor in the decline in revenue and operating income. - FY2023-Q2MaterialisedAnnual report
「In the outdoor products business, although the outdoor boom driven by the COVID-19 pandemic has continued, its pace of expansion has begun to moderate. In addition, the plateauing of product demand, the entry of competing stores and delays in the supply of some products affected results, with revenue of ¥329 million, down 18.7% from the same quarter of the previous year, and operating income of ¥36 million, down 47.6%.」
Regarding intensifying competition among companies, the entry of competing stores, together with supply delays and demand reaching a plateau, is cited in practice as a factor in the 18.7% decline in revenue and 47.6% decline in operating income. - FY2023-Q1MaterialisedAnnual report
「In the outdoor products business, although the outdoor boom driven by the COVID-19 pandemic has continued, signs have emerged that demand from the increased number of light outdoor users is reaching a plateau. In addition, the entry of competing stores and delays in the supply of some products affected results, with revenue of ¥157 million, down 19.2% from the same quarter of the previous year, and operating income of ¥18 million, down 44.5%.」
The previously identified risk of intensifying competition among companies is cited in practice as a factor in the 19.2% decline in revenue and 44.5% decline in operating income due to the entry of competing stores. - FY2022-Q1RestatedAnnual report
「During the first 3 months of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes to business and other risks, including restrained personal consumption and intensifying competition among companies. - FY2021-Q1RestatedAnnual report
「During the first 3 months of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes to business and other risks, including restrained personal consumption and intensifying competition among companies. - FY2020-Q3RestatedAnnual report
「During the first three quarters, there were no newly arising business or other risks, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes to business and other risks, including restrained personal consumption and intensifying competition among companies. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes to business and other risks, including restrained personal consumption and intensifying competition among companies. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no newly arising business or other risks, nor any significant changes in the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes to business and other risks, including restrained personal consumption and intensifying competition among companies. - FY2019-Q3RestatedAnnual report
「During the first three quarters, there were no newly arising business or other risks, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes to business and other risks, including restrained personal consumption and intensifying competition among companies. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes to business and other risks, including restrained personal consumption and intensifying competition among companies. - FY2018First statedAnnual report
「We expect the business environment surrounding the Group to become increasingly challenging, owing to the continued restraint on personal consumption and increasingly intense competition among companies.」
In addition to restrained personal consumption, intensifying competition among companies is explicitly identified as a business-environment risk.