Declining Birthrate, Population Aging, and Future Population Decline
First written in FY2016. 18 of 19 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2024: 3 of 11 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no new developments or significant changes regarding major business and other risks, including the declining birthrate, aging population and future population decline. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no new developments or significant changes regarding major business and other risks, including the declining birthrate, aging population and future population decline. - FY2023RestatedAnnual report
「If the adoption of new lifestyles such as teleworking, long-term population decline, the declining birthrate and aging population, and factors including a deterioration in the Group's competitiveness cause demand for the products and services provided by the Group to decline, the Group's operating performance and financial condition may be affected.」
The risk that long-term population decline, the declining birthrate and aging population will reduce demand is reaffirmed in connection with new lifestyles and declining competitiveness. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no new developments or significant changes regarding major business and other risks, including the declining birthrate, aging population and future population decline. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new developments or significant changes regarding major business and other risks, including the declining birthrate, aging population and future population decline. - FY2020RestatedAnnual report
「As the aging population progresses, capital investment in safety measures, barrier-free facilities and other areas is expected to increase. In addition, the future population decline resulting from the declining birthrate may reduce demand for passenger transportation on the Group's railways, buses and taxis, thereby affecting the Group's operating performance and financial condition.」
The risks of higher capital investment and lower demand for passenger transportation resulting from the declining birthrate and aging population continue to be disclosed as before. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the nine-month period ended 31 December. In addition, there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2018RestatedAnnual report
「As the aging population progresses, capital investment in safety measures, barrier-free facilities and other areas is expected to increase. In addition, the future population decline resulting from the declining birthrate may reduce demand for passenger transportation on the Group's railways, buses and taxis, thereby affecting the Group's operating performance and financial condition.」
The risks of higher capital investment and lower demand for passenger transportation resulting from the declining birthrate and aging population are reaffirmed. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2017RestatedAnnual report
「As the aging population progresses, capital investment in safety measures, barrier-free facilities and other areas is expected to increase. In addition, the future population decline resulting from the declining birthrate may reduce demand for passenger transportation on the Group's railways, buses and taxis, thereby affecting the Group's operating performance and financial condition.」
The risks of higher capital investment and lower passenger demand resulting from the declining birthrate and aging population are reaffirmed. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with the declining birthrate, aging population and future population decline. - FY2016First statedAnnual report
「As the declining birthrate and aging population progress, capital investment in safety measures, barrier-free facilities and other areas is expected to increase. At the same time, the future population decline may reduce demand for passenger transportation on the Group's railways, buses and taxis, thereby affecting the Group's operating performance and financial condition.」
The change in demographics is presented as a risk from both higher capital investment and lower demand for passenger transportation.