Consumer sentiment risk following the consumption tax increase
First written in FY2020-Q2. 1 of 3 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2023.
Daiun 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 2026: 4 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2023Shift to consumer sentiment risk arising from rising pricesAnnual report
「There are also concerns about higher raw material and energy prices resulting from the prolonged situation in Ukraine and declining consumer sentiment due to rising prices.」
The wording has shifted from the previously specific issue of consumer sentiment following the consumption tax increase to the external-environment risk of weaker consumer sentiment resulting from the situation in Ukraine and rising prices. - FY2020-Q3MaterialisedAnnual report
「During the cumulative third-quarter period (1 April 2019 to 31 December 2019), Japan's economy showed signs of a gradual recovery, supported by improvements in corporate earnings and employment conditions. However, concerns remained about downside risks to the economy resulting from a decline in consumption following the consumption tax increase and the impact of a series of natural disasters.」
Consumer sentiment following the consumption tax increase, previously identified as a source of uncertainty in the previous quarter, is now described as an actual factor behind the economic downturn through the decline in consumption. - FY2020-Q2First statedAnnual report
「In Japan, uncertainty remains, including the impact of a series of natural disasters and the risk related to consumer sentiment following the consumption tax increase.」
Consumer sentiment following the consumption tax increase was identified for the first time as a source of uncertainty for the domestic economy.