Weak Sales in the Gardening Segment
First written in FY2020-Q1. 2 of 7 entries say "Dropped", first in FY2020-Q3. Latest entry: FY2022.
0 other companies' latest entry also says "Dropped".
- FY2022DroppedAnnual report
「By product division, “DIY Products” comprised the Pet, Reform and Timber divisions and others, which performed well. Revenue was ¥16.169 billion, up 2.5% from the same period of the previous year.」
The performance of gardening products and the Gardening-related division, which had been described through the previous quarter, cannot be directly confirmed in the fiscal year's explanation of performance by division. - FY2022-Q1RestatedAnnual report
「In the Home Center business, revenue and segment profit were above expectations, despite a decline from the previous fiscal year's special demand, mainly resulting from the spread of COVID-19, because gardening products, leisure products and other items continued to perform well.」
Regarding the Gardening-related business, which was described as having shifted to strong performance in the previous fiscal year, gardening products are again described as performing well in the current quarter. Despite the decline following the special demand, revenue and segment profit are described as exceeding expectations. - FY2021The Gardening-related division shifted from weak to strong performanceAnnual report
「By product division, “DIY Products” comprised the Hardware and Tools division and the Gardening-related division, both of which performed well. Revenue was ¥15.77 billion, up 7.9% year on year.」
The Gardening-related division, which was described as weak in the previous fiscal year, is described as performing well in the fiscal year together with the Hardware and Tools division. - FY2020RestatedAnnual report
「In the “DIY Products” category, the Hardware and Tools division and the Reform and Exterior division performed well, while the Gardening-related division remained weak. Revenue was ¥14.622 billion, down 0.1% year on year.」
The weak performance of the Gardening-related division, which was not directly mentioned in the previous quarter, is again cited as a factor behind the decline in full-year revenue. - FY2020-Q3DroppedAnnual 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.」
Although weak sales in the gardening division and related areas were described through the previous quarter, they are not directly mentioned in the current quarter's performance commentary; instead, sales factors are explained in terms of rush demand and demand for disaster recovery and disaster-prevention products. - FY2020-Q2ReframedAnnual report
「Sales declined slightly as adverse weather led to sluggish performance in highly seasonal product categories, including gardening.」
The explanation has expanded from the previous description of weak sales in the gardening division to state that the overall range of highly seasonal product divisions, including gardening, was weak against a backdrop of unfavourable weather. - FY2020-Q1First statedAnnual report
「Revenue declined slightly, mainly because sales in the gardening division remained weak.」
The company specifically identifies, for the first time, weak sales in the gardening division as a factor behind the decline in Home Center business revenue.