Dependence on Tourism and Summer Demand and Weather Risk
First written in FY2017. 4 of 6 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2019.
Wagokoro moved to the "Worse" side of this theme in 2018.
0 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「However, umbrella inventory shortages and adverse weather conditions forced us to review our store-opening plan, leaving us with no choice but to revise the business performance initially forecast at the beginning of the fiscal year.」
Adverse weather conditions and other factors actually affected the review of the store-opening plan and business forecasts. - FY2019-Q3MaterialisedAnnual report
「Although the boom in visits to Japan by foreign tourists in the run-up to the 2019 Rugby World Cup and the 2020 Tokyo Olympics continued, changes in consumer preferences as described above, temporary closures and reduced operating hours caused by repeated typhoons, and continuing umbrella inventory shortages from the second quarter had a material impact on business performance.」
Weather-related risks, including temporary closures and reduced operating hours caused by typhoons, affected actual operations and business performance. - FY2018Updated seasonality using annual figuresAnnual report
「The quarterly composition of sales for the 16th fiscal year (fiscal year ended December 2018) is as follows.」
For the fiscal year ended December 2018, sales composition was 21.9% in the first quarter, 24.6% in the second quarter, 27.5% in the third quarter and 26.0% in the fourth quarter, with the concentration in the peak demand period disclosed using annual figures. - FY2018-Q3MaterialisedAnnual report
「The Company's business was affected by a sharp decline in customer visits, particularly in the Kyoto area where most of its stores are located, due to the Northern Osaka Earthquake on 18 June, the heavy rains in western Japan from 28 June, Typhoon No. 21 and other events. The Hokkaido Eastern Iburi Earthquake also resulted in the postponement of new store openings.」
Tourist destinations and summer demand were affected by natural disasters, resulting in a decline in visitor numbers in the Kyoto area and delays in store openings. - FY2018-Q2MaterialisedAnnual report
「The company was affected by a sharp decline in visitor numbers, particularly in the Kyoto area where most of its stores are located, due to the Northern Osaka Earthquake on 18 June and the heavy rains in western Japan from 28 June onward.」
A decline in visitor numbers at tourist-destination stores due to weather and natural disasters actually occurred during the quarter. - FY2017First statedAnnual report
「Demand tends to increase during the summer event season, including summer fireworks displays and festivals, and the autumn tourism season. In addition, event sales centered on yukata are concentrated in the summer.」
It disclosed that, by quarterly sales mix, the third quarter accounted for 28.6% and the fourth quarter for 27.7% in the fiscal year ended December 2017.