Front-loaded demand ahead of the consumption tax increase, and demand for disaster recovery and disaster-prevention supplies
First written in FY2020-Q3. 1 of 2 entries say "Dropped", first in FY2020. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020DroppedAnnual report
「During the fiscal year, the Japanese economy remained on a moderate recovery track, supported by improved corporate earnings and employment and income conditions. However, concerns remained over the impact on domestic and overseas economies of natural disasters occurring in various regions, the US-China trade friction and the spread of COVID-19, and the outlook remained uncertain.」
The rush demand before the consumption tax increase and demand for disaster recovery and disaster-prevention products following a major typhoon, which were mentioned in the previous quarter, cannot be directly confirmed as full-year sales factors. - FY2020-Q3First statedAnnual report
「Although sales were broadly in line with the previous year, they increased slightly due to rush demand ahead of the consumption tax increase and higher demand for disaster-recovery and disaster-prevention supplies following the impact of major typhoons.」
The company specifically identifies, for the first time, rush demand before the consumption tax increase and increased demand for disaster recovery and disaster-prevention products following a major typhoon as factors behind the slight increase in Home Center business revenue.