Brand Damage Caused by PB Product Accidents
First written in FY2017. 2 of 3 entries say "Worsened", first in FY2019. Latest entry: FY2022.
Aeon moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2025: 9 of 27 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「If manufacturers raise prices or product procurement is disrupted due to raw material prices or logistics costs rising more than expected, adverse weather conditions or other factors, or if the Group's efforts to reduce its environmental impact are deemed inadequate, the business, financial condition and results of operations of the Group may be affected by lower sales, higher cost of sales and brand damage resulting from a loss of customer trust.」
The risk of damage to the private-label brand was expanded beyond incidents and quality issues to include loss of trust resulting from raw material and logistics costs, procurement disruptions and inadequate environmental initiatives. - FY2019WorsenedAnnual report
「TOPVALU, the Group's principal private-label brand, offers products across clothing, food and household goods, with annual sales including supply-related sales reaching ¥775.5 billion.」
TOPVALU's annual sales increased from ¥715.6 billion in the previous disclosure to ¥775.5 billion, expanding the scale of the business exposed to brand damage in the event of a private-label product incident. - FY2017First statedAnnual report
「TOPVALU, the Group's principal private-label brand, offers products across clothing, food and household goods, with annual sales including supply-related sales reaching ¥715.6 billion. Although stringent standards are established and thorough quality control is implemented during development, an incident or other problem attributable to a Group private-label product could result in a loss of customer trust and damage to the brand.」
For TOPVALU, with annual sales of ¥715.6 billion, incidents and other problems could result in a loss of trust and damage to the brand.