Weak Private Consumption and Declining Freight Volumes
First written in FY2016-Q2. 18 of 30 entries say "Restated". Latest entry: FY2026-H1.
K.R.S. moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In the food logistics industry, although inbound demand continued, the business environment remained uncertain, owing to consumers' preference for thrift due to higher food prices, as well as labor shortages and rising costs.」
While inbound demand continued, the food logistics business environment remained uncertain as consumers' cost-saving mindset due to rising food prices persisted. - FY2025RestatedAnnual report
「The economy recovered moderately and personal consumption and other areas showed signs of recovery, but uncertainty remained due to factors including high prices and the impact of U.S. trade policy.」
While the economic recovery and recovery in personal consumption are indicated, the disclosure continues to cite uncertainty due to high prices and U.S. trade policy. - FY2025-H1RestatedAnnual report
「In the food logistics industry, inbound demand continued to increase, but the business environment remained uncertain due to the logistics industry's 2024 problem and consumers' continued cost-saving mindset resulting from rising food prices.」
While inbound demand continued to increase, the food logistics outlook remained uncertain due to consumers' cost-saving mindset caused by rising food prices and the logistics industry's 2024 problem. - FY2024-Q2Freight movements recovering moderately despite consumers' cost-saving mindsetAnnual report
「In the food logistics industry, rising food prices strengthened consumers' cost-saving mindset, but freight movements recovered moderately as the movement of people recovered from the effects of COVID-19. At the company, signs of recovery were seen from the impact of egg supply shortages caused by the spread of avian influenza in the previous year.」
While rising food prices strengthened consumers' cost-saving mindset, freight movements recovered moderately as the movement of people recovered. Recovery from the impact of egg supply shortages also continued. - FY2023-Q3Dining-out freight movements recovering, recovery from the impact of egg supply shortages, at-home dining firmAnnual report
「In the food logistics industry, freight movements related to demand for dining out showed signs of recovery as COVID-19 was reclassified as a Class V infectious disease. At the company, freight movements showed signs of recovery from the impact of egg supply shortages caused by the spread of avian influenza. Meanwhile, freight movements related to demand for at-home dining remained firm despite the effects of rising food prices.」
Freight movements related to dining-out demand showed signs of recovery, and freight movements also showed signs of recovering from the impact of egg supply shortages. Demand for at-home dining remained firm despite the effects of rising food prices. - FY2023-Q2Dining-out freight movements recovering, egg supply shortages, at-home dining firmAnnual report
「In the food logistics industry, freight movements related to demand for dining out showed signs of recovery as COVID-19 was reclassified as a Class V infectious disease. However, the company was also affected by egg supply shortages resulting from the spread of avian influenza. Freight movements related to demand for at-home dining remained firm despite the effects of rising food prices.」
While freight movements related to dining-out demand showed signs of recovery and demand for at-home dining remained firm, the effects of rising food prices and egg supply shortages were newly noted. - FY2023-Q1Dining-out freight movements recovering, at-home dining firm but affected by higher pricesAnnual report
「In the food logistics industry, restrictions on activities to prevent the spread of COVID-19 were eased and the movement of people began to recover, with freight movements related to demand for dining out showing signs of recovery. Meanwhile, freight movements related to demand for at-home dining remained firm, although rising food prices also had an impact.」
While eased activity restrictions and the recovery in the movement of people supported a recovery in freight movements related to dining-out demand, the disclosure cites the impact of rising food prices on at-home dining demand. - FY2022WorsenedAnnual report
「Regarding the outlook, the economy is expected to recover as the COVID-19 situation normalizes, but close attention is required to future developments, including the impact of reduced consumption due to rising prices on freight movements.」
While recovery in demand for dining out and freight movements is indicated, reduced consumption due to rising prices and its impact on freight movements are explicitly identified as new factors requiring attention. - FY2022-Q3Dining-out recovery and a pause in stay-at-home consumptionAnnual report
「In the food logistics industry, freight movements related to demand for dining out showed signs of recovery as restrictions on activities to prevent the spread of COVID-19 were eased. Meanwhile, freight movements related to demand for at-home dining remained firm, although the pause in stay-at-home consumption and rising food prices also had an impact.」
While freight movements related to dining-out demand showed signs of recovery, the disclosure cites the pause in stay-at-home consumption and rising food prices as affecting at-home dining, indicating a change in the composition of demand and freight volumes. - FY2022-Q1RestatedAnnual report
「Demand for at-home dining remained firm, while demand for dining out showed signs of recovery. However, as the Omicron variant of COVID-19 spread and quasi-emergency measures were imposed in January, the outlook for a full-scale recovery in demand remained uncertain.」
Demand for at-home dining remained firm and demand for dining out showed signs of recovery, while the spread of the Omicron variant and quasi-emergency measures continued to make a full-scale recovery in demand uncertain. - FY2021-Q3WorsenedAnnual report
「In the food logistics industry, the effects of changing lifestyles continued. While demand for at-home dining remained firm and demand for dining out showed signs of recovery, demand recovery remained uncertain as the fourth state of emergency was declared amid the renewed spread of COVID-19.」
Demand for at-home dining remained firm and demand for dining out showed signs of recovery, while the renewed spread of infections and the fourth state of emergency left demand recovery uncertain. - FY2021-Q2RestatedAnnual report
「In the food logistics industry, changes in lifestyles affected freight movements. While demand for at-home dining remained firm and demand for dining out showed signs of recovery, the third state of emergency was declared, requiring close attention to the effects of the infection trend.」
Demand for at-home dining remained firm and demand for dining out showed signs of recovery, while the state of emergency continued to affect freight movements and demand. - FY2021-Q1WorsenedAnnual report
「In the food logistics industry, consumers' lifestyles changed. Demand for at-home dining remained firm, while the effects of weak demand for dining out continued, including the reissuance of a state of emergency.」
While demand for at-home dining remained firm, the effects of weak demand for dining out continued following the reissuance of a state of emergency. Personal consumption also weakened, and the wording deteriorated from the previous recovery trend. - FY2020Personal consumption recovering, but dining-out demand recovery remains unevenAnnual report
「In the food logistics industry, personal consumption showed signs of recovery, but demand for dining out and other areas continued to recover unevenly amid concerns about the spread of COVID-19, and we expect that considerable time will be required before returning to a recovery trend.」
While personal consumption showed signs of recovery, demand for dining out and other areas recovered unevenly, and the previous risk of weak consumption has not been fully eliminated. - FY2020-Q2MaterialisedAnnual report
「Operating conditions remained challenging. Demand for dining out declined sharply due to movement restrictions and requests to refrain from going out, while demand for at-home dining remained difficult to adjust in terms of securing labor and arranging deliveries because of the sudden surge in demand.」
The disclosure states that the substantial decline in demand for dining out due to COVID-19 actually occurred and affected freight volumes and demand conditions in food logistics. - FY2019RestatedAnnual report
「As employment and income conditions continued to improve, the economy continued to recover moderately, with personal consumption showing signs of recovery.」
Personal consumption continues to recover, maintaining the trend toward mitigation of the risk of sluggish personal consumption. - FY2019-Q3RestatedAnnual report
「As employment and income conditions continued to improve, the economy continued to recover moderately, with personal consumption showing signs of recovery.」
The continued recovery in personal consumption and the economic recovery remain noted, maintaining the trend toward mitigation of the risk of sluggish personal consumption. - FY2019-Q2RestatedAnnual report
「During the first six months of the current fiscal year, the economy continued to recover moderately as employment and income conditions continued to improve, with personal consumption showing signs of recovery.」
The continued recovery in personal consumption and the economic recovery remain noted, maintaining the trend toward mitigation of the risk of sluggish personal consumption. - FY2019-Q1MitigatedAnnual report
「The economy recovered moderately, supported by a recovery in personal consumption against a backdrop of improving employment and income conditions.」
In contrast to the previous references to sluggish or stagnant personal consumption, a recovery in personal consumption is now noted, and the wording concerning risks in the consumption environment has been softened. - FY2018RestatedAnnual report
「Although the economy continued to recover moderately, it remained in an uncertain position owing in part to stagnant personal consumption.」
While acknowledging the economic recovery, the disclosure continues to cite stagnant personal consumption and uncertainty about the outlook. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, Japan's economy continued to recover moderately, but remained in an uncertain position owing in part to stagnant personal consumption.」
While acknowledging the continued moderate economic recovery, the disclosure continues to cite stagnant personal consumption and uncertainty about the outlook. - FY2018-Q2RestatedAnnual report
「During the first six months of the current fiscal year, Japan's economy continued to recover moderately, but remained in an uncertain position owing in part to stagnant personal consumption.」
While acknowledging the continued moderate economic recovery, the disclosure continues to cite stagnant personal consumption and uncertainty about the outlook. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, Japan's economy continued to recover moderately, but remained in an uncertain position owing in part to stagnant personal consumption.」
While acknowledging the continued moderate economic recovery, the disclosure continues to cite stagnant personal consumption and uncertainty about the outlook. - FY2017RestatedAnnual report
「During the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
The continued moderate economic recovery and uncertainty about the outlook due to stagnant personal consumption remain indicated. - FY2017-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
The continued moderate economic recovery and uncertainty about the outlook due to stagnant personal consumption remain indicated. - FY2017-Q2RestatedAnnual report
「During the first six months of the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
The continued moderate economic recovery and uncertainty about the outlook due to stagnant personal consumption remain indicated. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
The continued moderate economic recovery and uncertainty about the outlook due to stagnant personal consumption remain noted. - FY2016RestatedAnnual report
「In the food logistics industry, operating conditions remained challenging, with lower unit fuel procurement costs offset by declining freight volumes due to sluggish personal consumption, labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
The decline in freight volumes due to sluggish personal consumption continues to be cited as part of the challenging operating environment in the food logistics industry. - FY2016-Q3RestatedAnnual report
「In the food logistics industry, operating conditions remained challenging, with lower unit fuel procurement costs offset by declining freight volumes due to sluggish personal consumption, labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
The decline in freight volumes due to sluggish personal consumption continues to be noted, while the risk section states that there are no new risks or material changes. - FY2016-Q2First statedAnnual report
「Amid sluggish personal consumption, among other factors, conditions remained uncertain with no clear outlook.」
The company describes sluggish personal consumption as an uncertainty in the economic environment. It also describes the food logistics industry as experiencing lower freight volumes due to weak personal consumption.