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Ministop (9946) · RiskRestated

Decline in tobacco, newspaper and book sales

First written in FY2019-Q1. 6 of 10 entries say "Restated". Latest entry: FY2022-Q3.

10entries
5years
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ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2022-Q32018: 220182019: 220192020: 320202021: 220212022: 1
Same theme, other companies
Sluggish sales due to declining demand for tobacco, newspapers and booksA 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. FY2022-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including declining tobacco, newspaper and book sales.
  2. FY2022-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including declining tobacco, newspaper and book sales.
  3. FY2021-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing business and other risks, including declining tobacco, newspaper and book sales.
  4. FY2021-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including declining tobacco, newspaper and book sales.
  5. FY2020Changes in product mix due to higher tobacco salesAnnual report

    「The results were affected by weak sales of in-store processed fast-food cold desserts in the first half and a change in the product mix due to higher tobacco sales, resulting in a gross profit margin of 30.53% (down 0.53 percentage points year on year).」

    The change in the product mix resulting from higher tobacco sales was reflected in the current-year results as a factor behind the decline in the gross profit margin.
  6. FY2020-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including declining tobacco, newspaper and book sales.
  7. FY2019Changes in product mix due to the impact of the tax increaseAnnual report

    「The impact of the tobacco tax increase on the sales mix and changes to the product mix from the second half resulted in a gross profit margin of 31.1% (down 0.3 percentage points year on year).」

    The change in the sales mix resulting from the tobacco tax increase was reflected in the results as a factor behind the decline in the gross profit margin.
  8. FY2019-Q3Tobacco sales exceeded the previous year on tax-increase-driven demand; magazine and newspaper sales remained weakAnnual report

    「For convenience-store products, magazines and newspapers remained weak, but salads and frozen foods, which were重点 areas for strengthening during the period, exceeded the previous year. Tobacco sales also exceeded the previous year on demand for bulk purchases following the tobacco tax increase.」

    While magazine and newspaper sales remained weak, tobacco sales temporarily exceeded the previous year due to stockpiling demand ahead of the tax increase.
  9. FY2019-Q2RestatedAnnual report

    「Convenience store products continued to be affected by weak magazine and newspaper sales, but」

    The risk of declining newspaper and book sales due to the diversification of information channels and other factors continues to emerge as weak magazine and newspaper sales.
  10. FY2019-Q1First statedAnnual report

    「Declining tobacco sales due to the shrinking smoking population, and declining newspaper and book sales due to the diversification of information channels」

    A structurally challenging business environment in which tobacco, newspaper and book sales decline due to the shrinking smoking population and diversification of information channels is now disclosed separately.
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Decline in tobacco, newspaper and book sales | MINISTOP CO.,LTD. (9946) | Komori