Market Contraction Due to Population Decline, the Declining Birthrate and Population Aging
First written in FY2016. 9 of 12 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 3 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「In the food wholesaling industry, companies continue to face higher product prices driven by rising raw material and labor costs, chronic labor shortages, and the need to respond to increasingly diverse consumer needs.」
Although there is no new reference to the market's contraction itself due to population decline and the declining birth rate and aging population, the report continues to describe diversifying consumer needs and a challenging business environment. - FY2023RestatedAnnual report
「Including manifest challenges such as the declining birthrate and aging population accompanying population decline and the resulting contraction of the market, we will pursue a “selection and concentration” strategy, invest resources in growth areas, and work to enhance customer loyalty.」
The company continues to recognize market contraction resulting from population decline and the declining birthrate and aging population as a challenge. - FY2022-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no newly arising or significant changes in existing risks, including market contraction resulting from population decline and the declining birthrate and aging population. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no newly arising or significant changes in existing business and other risks, including market contraction resulting from population decline and the declining birthrate and aging population. - FY2020Explicitly reappearsAnnual report
「Including manifest challenges such as the declining birthrate and aging population accompanying population decline and the resulting contraction of the market, we will pursue a “selection and concentration” strategy, reallocating resources to growth areas and reviewing our focus on customers in order to enhance customer loyalty.」
The reference to market contraction resulting from population decline and the declining birthrate and aging population, which had disappeared from the previous filing, has reappeared. - FY2018DroppedAnnual report
「In the food industry to which our Group belongs, the income environment improved as corporate earnings recovered. However, because real incomes have struggled to grow amid unfavorable weather and rising prices, consumers remain strongly inclined to save and seek lower prices, driven by anxiety about the future, and we believe the business environment remains challenging.」
This annual securities report contains no explicit reference to market contraction resulting from population decline and the declining birthrate and aging population. - FY2018-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no newly arising or significant changes in existing business and other risks, including population decline and the declining birthrate and aging population. - FY2018-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no newly arising or significant changes in existing business and other risks, including population decline and the declining birthrate and aging population. - FY2018-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no newly arising or significant changes in existing business and other risks, including population decline and the declining birthrate and aging population. - FY2017-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no newly arising or significant changes in business and other risks. - FY2017-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no newly arising or significant changes in business and other risks. - FY2016First statedAnnual report
「In the food industry, the market is tending to contract due to population decline and the declining birthrate and aging population.」
The company recognizes population decline and the declining birthrate and aging population in its operating areas as factors contributing to contraction of the food market.