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San Holdings (9628) · RiskMaterialised

Fluctuations in Funeral Demand from Deaths, Seasonality and Influenza

First written in FY2016. 6 of 9 entries say "Materialised", first in FY2024-Q3. Latest entry: 2026-10-15.

9entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY20182016: 120162017: 020172018: 120182019: 020192020: 020202021: 020212022: 020222023: 020232024: 220242025: 120252026: 42026
Same theme, other companies
Fluctuations in Funeral Demand from Deaths, Seasonality and InfluenzaA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2027-H1MaterialisedAnnual report

    「Although the Group maintained its competitive advantage in both the Tokyo metropolitan and Kinki regions, the number of funerals performed fell below the previous-year period because the number of deaths was also lower than in the previous-year period.」

    States that the number of deaths fell below the previous-year period and that the number of funerals performed by the 公益社 Group also fell below the previous-year period. The risk of fluctuations in deaths was reflected in the number of funerals during the fiscal year.
  2. FY2024RestatedAnnual report

    「The number of deaths is forecast to increase at an average annual rate of just under 1% over the next 10 years. However, on a fiscal-year basis, actual figures fluctuate away from the estimates above.」

    Restates the medium- to long-term outlook for an increase in deaths and the risk of fluctuations in results due to year-to-year variation in actual figures.
  3. FY2024-Q3MaterialisedAnnual report

    「During the fiscal year, the nationwide trend of excess mortality that continued from 2022 through around the beginning of 2023 subsided, and the resulting slowdown in the growth in deaths, or a decline from the previous year, was observed, having a certain impact on the growth rate in the number of funerals handled by our Group.」

    States that, after the trend of excess deaths subsided, growth in the number of deaths slowed or fell below the previous year, affecting the growth rate in the number of funerals, indicating that the risk of fluctuations in deaths has materialized in actual results.
  4. FY2018RestatedAnnual report

    「Accordingly, even assuming that market share and average revenue per funeral remain unchanged, fluctuations in the number of deaths in the areas served by the Group could cause the Group's annual results, with funerals and related businesses as its core operations, to fluctuate to a significant degree.」

    Continues to describe the risks of fluctuations in results due to annual changes in the number of deaths, seasonality from December to February and influenza outbreaks.
  5. FY2016First statedAnnual report

    「Accordingly, even assuming that market share and average revenue per funeral remain unchanged, fluctuations in the number of deaths in the areas served by the Group could cause the Group's annual results, with funerals and related businesses as its core operations, to fluctuate to a significant degree.」

    First mentioned. Describes as risks the forecast average annual increase of approximately 1.7% in the number of deaths over the next 10 years, seasonal concentration during peak periods and the impact of influenza outbreaks on results.
Moved together

"Declining Funeral Fees and Intensifying Competition for Customers" moved the same way as this thread, in the same document, in 4 of its 9 moves.

4★1
  1. ★This thread
  2. 1Declining Funeral Fees and Intensifying Competition for Customers4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
San Holdings's next results are scheduled for 2026-10-15. Read the earnings preview It last moved in the Financial Results Presentation of 2026-10-15: "Materialised".
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Fluctuations in Funeral Demand from Deaths, Seasonality and Influenza | SAN HOLDINGS,INC. (9628) | Komori