Poor in-store sales due to typhoons
First written in FY2017-Q2. 3 of 6 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2022.
Takihyo moved to the "Worse" side of this theme in 2018, 1 year after the typical company in this theme (2017).
0 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group's principal products, including women's apparel, consist largely of highly seasonal apparel products. If sales of seasonal products differ significantly from forecasts due to abnormal weather, such as cool summers or warm winters, the Group's performance may be affected.」
The company has reiterated the risk of sales volatility arising from a highly seasonal product mix and adverse weather. - FY2019MaterialisedAnnual report
「As a result of weather factors such as typhoons, heavy rainfall and the mild winter, as well as sluggish sales of young-oriented products in women’s apparel, net sales were ¥64,815 million, down 10.9% year on year.」
The company states that weather factors such as typhoons, heavy rainfall and the mild winter, together with weak sales of young-oriented products, affected the decline in annual net sales. - FY2019-Q3MaterialisedAnnual report
「In the apparel market during the cumulative third-quarter period, early-summer products performed well as temperatures in March and April were above average. From the second quarter onward, however, company-wide sales struggled due to weather-related factors and weak performance by products targeting younger women in the women's apparel segment.」
The company states that weather factors from the second quarter onward contributed to sluggish growth in company-wide net sales. - FY2019-Q2MaterialisedAnnual report
「In the apparel market during the cumulative second-quarter period, temperatures in March and April were above average and early-summer products performed well. However, rain and low temperatures in May and June, torrential rain and typhoons in July and August, and the effects of extreme heat caused sales of practical apparel to continue showing little growth.」
The company states that rain, low temperatures, heavy rainfall, typhoons and extreme heat affected sales of practical apparel, resulting in sluggish sales growth. - FY2018DroppedAnnual reportPoor in-store sales due to typhoons are not explicitly identified as a business-environment factor or risk for the current fiscal year.
- FY2017-Q2First statedAnnual report
「In the second quarter, sales remained sluggish as the company was significantly affected by consumers’ inclination to save, preference for low-priced products, and poor in-store sales caused by typhoons in August, among other factors.」
Poor in-store sales caused by typhoons in August are identified as an external factor that actually affected net sales.