Business integration across fisheries, food and fine chemicals
First written in FY2016. 6 of 12 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「The business environment was challenging due to soaring raw material prices and the impact of fry mortality in the salmon and trout aquaculture business in South America in the previous year.」
Soaring raw material prices were identified as a factor contributing to a challenging business environment across the Company, while higher raw material and purchase prices reduced profit in the food and seafood businesses, respectively. - FY2025AdvancedAnnual report
「<Japan> Sales increased, led by rice-based products and vegetables in frozen foods and processed fish products, but revenue rose while profit declined due in part to higher raw material prices, including surimi.」
Higher raw material prices reduced profit despite higher revenue in the food business, and the disclosure continues to describe the impact of raw material price fluctuations. - FY2023RestatedAnnual report
「Although sales of yellowtail and feed and fuel performed well, profit declined due to lower sales volumes and higher purchase prices for salmon and trout, as well as lower selling prices for shrimp.」
The disclosure continues to identify higher purchase prices for salmon and trout and lower selling prices for shrimp, among other factors, as causes of lower profit in the seafood business. - FY2022AdvancedAnnual report
「<Japan> Although yellowtail sales performed well, profit declined due to higher procurement prices for salmon and trout and lower selling prices for shrimp.」
Higher procurement prices for salmon and trout reduced profit, while the impact of selling prices and costs continued to differ by business. The risk from fluctuations in raw material and input costs remains evident. - FY2021AdvancedAnnual report
「Although sales of fresh fish performed well, profit declined due to higher costs for feed and fuel and higher purchase prices for salmon and trout.」
In the seafood business, higher feed and fuel costs and higher purchase prices for salmon and trout reduced profit, demonstrating the continuing risk from fluctuations in raw material and input costs. - FY2020RestatedAnnual report
「<North America> The retail frozen-food company reported higher profit, supported by higher revenue due to exchange-rate effects and a review of selling, general and administrative expenses. The foodservice frozen-food company also reported higher revenue, but profit declined as the cost of its main raw materials increased.」
In North American foodservice frozen foods, higher costs for main raw materials reduced profit, while exchange-rate effects and a review of selling, general and administrative expenses contributed to higher profit in retail frozen foods. The disclosure reiterates the differing impact of raw material price fluctuations across businesses. - FY2019RestatedAnnual report
「<North America> Although procurement costs for shrimp, the main raw material, increased at the foodservice frozen-food company, higher sales volumes, mainly of core products, resulted in higher profit at the retail frozen-food company.」
While North America experienced higher shrimp procurement costs, the impact was absorbed by higher sales volumes. The disclosure continues to describe the effects of raw material price fluctuations. - FY2017AdvancedAnnual report
「At our Company and across our Group, the seafood business performed well, with salmon and trout prices recovering rapidly, while the food business benefited in Japan from lower import costs for raw materials and processed products due to yen appreciation, although the North American business struggled with retail frozen foods.」
The disclosure reiterates that fluctuations in seafood prices, raw material prices and exchange rates had differing impacts across businesses. - FY2017-Q3RestatedAnnual report
「At our Company and across our Group, the seafood business performed well, with salmon and trout prices recovering significantly, while the food business benefited in Japan from lower import costs for raw materials and processed products due to yen appreciation, although the North American business struggled with retail frozen foods.」
The disclosure continues to describe differing impacts by business from fluctuations in market conditions, foreign exchange rates and raw material costs. - FY2017-Q2RestatedAnnual report
「At our Company and across our Group, the seafood business performed well, with salmon and trout prices recovering significantly, while the food business benefited in Japan from lower import costs for raw materials and processed products due to yen appreciation, although the North American business struggled with retail frozen foods.」
The disclosure continues to describe the impact of price fluctuations, with some businesses benefiting from lower raw material costs due to exchange rates and market conditions, while others faced higher raw fish costs and European raw material expenses. - FY2017-Q1AdvancedAnnual report
「At our Company and across our Group, the seafood business performed well, with salmon and trout prices recovering rapidly, while the food business benefited in Japan from lower import costs for raw materials and processed products due to yen appreciation, although the North American business struggled with retail frozen foods.」
While rising raw fish costs continue to be disclosed, the domestic food business also reported lower import costs due to the stronger yen, indicating that the impact of price fluctuations varies by business. - FY2016First statedAnnual report
「At our Company and across our Group, the seafood business performed well, with salmon and trout prices recovering significantly, while the food business benefited in Japan from lower import costs for raw materials and processed products due to yen appreciation, although the North American business struggled with retail frozen foods.」
The period included higher import costs in the food business due to yen depreciation and higher production costs in aquaculture due to soaring feed prices.