Deteriorating Consumer Sentiment Due to Rising Prices
First written in FY2023-Q3. 1 of 3 entries say "Worsened", first in FY2025-Q1. Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In the domestic economy, although an improvement in the income environment was expected as a result of wage increases, uncertainty persisted due to the impact of rising prices on consumer sentiment, prolonged geopolitical risks and foreign exchange fluctuations.」
The company continues to identify the impact of rising prices on consumer sentiment, together with geopolitical risks and foreign exchange fluctuations, as factors contributing to uncertainty in the demand environment. - FY2025-Q1WorsenedAnnual report
「However, in addition to rising raw material prices and labor costs, we face a challenging operating environment as continued inflation is heightening consumers' inclination to economize.」
Heightened consumer frugality due to inflation was described, together with higher raw material prices and labor costs, as part of the current challenging business environment. - FY2023-Q3First statedAnnual report
「Although there are expectations of further recovery from the government's travel support measures introduced in October and the easing of border measures for entrants, the outlook remains uncertain, with concerns that consumer sentiment will weaken as the prices of various goods and services rise.」
Cooling consumer sentiment due to inflation was identified as a new demand-side risk coexisting with expectations of recovery from travel support measures and other initiatives.