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San Holdings (9628) · FactRestatedLatest Earnings presentation (2026-10-15): "Advanced"

Growth in Family Funerals and Non-Religious Funerals and Diversification of Funeral Styles

First written in FY2016. 21 of 26 entries say "Restated". Latest entry: 2026-10-15.

26entries
11years
3from disclosures
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ProgressHeldSoftenedWorseRestatedFY2016 – 2026-10-152016: 320162017: 220172018: 420182019: 220192020: 320202021: 120212022: 220222023: 320232024: 220242025: 120252026: 32026
Same theme, other companies
Progressive Simplification of Funerals, Family Funerals and Direct CremationsA theme 4 companies write about · 5 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「Meanwhile, although the essence of a funeral as an important final farewell to the deceased has not changed, funeral formats are becoming more diverse, including family funerals held mainly for close relatives and one-day funerals, leading to a decline in average revenue per funeral.」

    Continues to describe the diversification of funeral formats, including family and one-day funerals, and the structure leading to lower average revenue per funeral.
  2. FY2024RestatedAnnual report

    「Funeral formats are becoming more diverse, including family funerals held mainly for close relatives, as well as non-religious funerals and one-day funerals. At the same time, the trend toward smaller funerals continues, leading to a decline in the average revenue per funeral.」

    Continues to describe as a market structure the diversification into family, non-religious and one-day funerals, together with the trend toward smaller funerals and lower average revenue per funeral.
  3. FY2024-Q3RestatedAnnual report

    「In the funeral industry, latent demand for funerals is expected to continue increasing through 2040 against the backdrop of a growing population aged 65 and over. However, although the essence of a funeral as an important final farewell to the deceased has not changed, the trend toward smaller and simpler funerals, driven by the rise of nuclear families and the COVID-19 pandemic, continues.」

    Reconfirms the outlook for rising latent demand against the backdrop of a growing elderly population and the continuing trend toward smaller and simpler funerals driven by the rise of nuclear families and the COVID-19 pandemic.
  4. FY2024-Q2RestatedAnnual report

    「Although the essence of a funeral as an important final farewell to the deceased has not changed, the trend toward smaller and simpler funerals, driven by the rise of nuclear families and the COVID-19 pandemic, continues.」

    Reaffirms the view that the trend toward smaller and simpler funerals, driven by the rise of nuclear families and the COVID-19 pandemic, continues.
  5. FY2024-Q1RestatedAnnual report

    「The trend toward smaller and simpler funerals resulting from the rise of nuclear families continues. Even amid the COVID-19 pandemic, the essence of a funeral as an important final farewell to the deceased has not changed, but the pandemic served as a catalyst for the trend toward smaller and simpler funerals to accelerate further.」

    Reaffirms the view that the trend toward smaller and simpler funerals, driven by the rise of nuclear families and the COVID-19 pandemic, continues.
  6. FY2023-Q3Trend toward smaller and simpler funerals stabilizingAnnual report

    「Although the trend toward smaller and simpler funerals accelerated during the COVID-19 pandemic and is expected to remain subject to the effects of future waves of infection, this trend gradually began to stabilize during the fiscal year.」

    While maintaining the view that the trend toward smaller and simpler funerals accelerated, states that the trend gradually began to stabilize during the fiscal year.
  7. FY2023-Q2RestatedAnnual report

    「Even amid the COVID-19 pandemic, the essence of a funeral as an important final farewell to the deceased has not changed. However, partly due to restrictions aimed at preventing the spread of infection, the trend toward smaller and simpler funerals accelerated further over the past two-plus years.」

    Continues to state that the trend toward smaller and simpler funerals accelerated further over the two-plus years of the COVID-19 pandemic.
  8. FY2023-Q1Further progress toward smaller and simpler funeralsAnnual report

    「Even amid the COVID-19 pandemic, the essence of a funeral as an important final farewell to the deceased has not changed. However, partly due to restrictions aimed at preventing the spread of infection, the trend toward smaller and simpler funerals accelerated further over the past two-plus years.」

    States that, against the longstanding trend toward family funerals and smaller services, funerals became even smaller and simpler over the two-plus years of the COVID-19 pandemic.
  9. FY2021-Q3RestatedAnnual report

    「Against this external backdrop, the proportion of small family funerals increased during the fiscal year. However, even amid the COVID-19 pandemic, when personal contact was restricted, bereaved families' desire to give the deceased a proper farewell remained unchanged.」

    Continues to state that the proportion of small family funerals increased against the backdrop of the COVID-19 pandemic.
  10. FY2021-Q2RestatedAnnual report

    「Against this external backdrop, the proportion of small family funerals increased during the fiscal year. However, even amid the COVID-19 pandemic, when personal contact was restricted, bereaved families' desire to give the deceased a proper farewell remained unchanged, and there was demand for a safe and secure setting for funerals.」

    Continues to state that the proportion of small family funerals increased against the backdrop of the COVID-19 pandemic.
  11. FY2021-Q1Higher proportion of small family funerals during the COVID-19 pandemicAnnual report

    「Against this external backdrop, the proportion of small family funerals increased during the fiscal year. However, even amid the COVID-19 pandemic, when personal contact was restricted, bereaved families' desire to give the deceased a proper farewell remained unchanged, and there was demand for safe and secure funeral services.」

    In addition to the existing description of the diversification of funeral styles, states that the proportion of small family funerals increased against the backdrop of the COVID-19 pandemic.
  12. FY2020-Q3RestatedAnnual report

    「In the funeral services market, the number of funeral attendees has been declining due not only to the aging of the deceased and chief mourners, but also to factors such as weakening ties within local communities and workplaces. At the same time, increasingly diverse values and preferences are being reflected in funeral formats and spending.」

    Reiterates as a market condition the decline in funeral attendees and changes in funeral formats and spending associated with increasingly diverse values and preferences.
  13. FY2020-Q2RestatedAnnual report

    「In the funeral services market, the number of funeral attendees has been declining due not only to the aging of the deceased and chief mourners, but also to factors such as weakening ties within local communities and workplaces. At the same time, increasingly diverse values and preferences are being reflected in funeral formats and spending.」

    Continues to describe as a market condition the decline in funeral attendees and changes in funeral formats and spending associated with increasingly diverse values and preferences.
  14. FY2019-Q3RestatedAnnual report

    「In addition to the aging of the deceased and chief mourners and the weakening of relationships within local communities and workplaces, the number of mourners is trending downward, while the diversification of people’s values and preferences is increasingly reflected in the form of funerals and how much is spent on them.」

    Reiterates as a market condition the decline in funeral attendees and changes in funeral formats and spending associated with increasingly diverse values and preferences.
  15. FY2019-Q2RestatedAnnual report

    「In addition, the diversification of people’s values and preferences is increasingly reflected in the form of funerals and how much is spent on them.」

    Restates the market change whereby diversifying values and preferences are reflected in funeral formats and spending levels.
  16. FY2019-Q1RestatedAnnual report

    「In the funeral services market, while the number of mourners attending funerals is trending downward, the diversification of consumer values is increasingly reflected in the form of funerals and how much is spent on them.」

    Continues to describe the declining trend in the number of mourners and changes in funeral formats and spending resulting from diversifying consumer values as part of the market environment.
  17. FY2018RestatedAnnual report

    「In addition, the diversification of consumer values and preferences is increasingly reflected in the form of funerals and how much is spent on them.」

    Continues to describe the market change whereby diversifying values and preferences are reflected in funeral formats and spending levels.
  18. FY2018-Q3RestatedAnnual report

    「In addition, the diversification of consumer values and preferences is increasingly reflected in the form of funerals and how much is spent on them.」

    Continues to describe the market change whereby diversifying consumer values and preferences are reflected in funeral formats and spending levels.
  19. FY2018-Q2RestatedAnnual report

    「In addition, the diversification of consumer values and preferences is increasingly reflected in the form of funerals and how much is spent on them.」

    Continues to describe the market change whereby diversifying values and preferences are reflected in funeral formats and spending levels.
  20. FY2018-Q1RestatedAnnual report

    「In the funeral services market, the diversification of people’s values is increasingly reflected in the form of funerals and how much is spent on them.」

    Continues to describe the market change whereby the diversification of people’s values is reflected in funeral formats and spending.
  21. FY2017-Q2RestatedAnnual report

    「In addition, against the backdrop of diversifying consumer values and preferences and the increasing number of people who are not bound by customs or rituals, more people in major metropolitan areas are choosing simplified funerals, such as direct cremation without religious ceremonies and one-day funerals without a wake.」

    Continues to describe the diversification of funeral styles as an increase in simplified funerals, including one-day funerals in addition to direct cremation.
  22. FY2017-Q1RestatedAnnual report

    「In addition, against the backdrop of diversifying consumer values and the increasing number of people who are not bound by customs or rituals, direct cremation without religious ceremonies is beginning to form a new market, mainly in major metropolitan areas.」

    Continues to describe the existing theme of diversifying funeral styles in terms of market formation for direct cremation, in addition to family and non-religious funerals.
  23. FY2016First statedAnnual report

    「In addition, as norms surrounding rituals and customs decline and consumer values diversify, more people are choosing family funerals and non-religious funerals (personalized funerals).」

    First appearance. Identifies the increase in choices of family funerals and non-religious funerals, against the backdrop of diversifying values, as a change in market structure.
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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 Earnings presentation of 2026-10-15: "Advanced".
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Growth in Family Funerals and Non-Religious Funerals and Diversification of Funeral Styles | SAN HOLDINGS,INC. (9628) | Komori