Food Safety Risks
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2019-Q1.
Umios moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
1 other company's latest entry also says "Materialised".
- FY2019-Q1MaterialisedAnnual report
「The Fish Receiving unit's fresh-fish business remained weak, partly due to unfavorable weather and the effects of the anisakiasis outbreak, but sales were approximately at the previous year's level, supported by higher frozen-fish prices and increased handling volumes.」
The effects of the anisakiasis outbreak appeared in the Fish Receiving unit's quarterly business performance as weak fresh-fish sales. - FY2018RestatedAnnual report
「However, if an event occurs that exceeds the scope of the measures described above, it may affect the operating results and financial position of the Group.」
While continuing its food safety measures, the Company identifies events beyond the scope of those measures as residual risks. - FY2018-Q2MaterialisedAnnual report
「The Fish Receiving business was forced to continue struggling with procurement amid persistently high unit prices for both fresh and frozen fish, partly due to unfavorable weather. On the sales side, although reports of anisakiasis led to some consumers moving away from raw fish, overall sales were maintained at approximately the previous year's level, partly because of the high unit prices. As a result of improving margins and reducing costs, profit increased.」
The Company states that reports of anisakiasis and the resulting shift away from raw fish had an actual impact on sales in the Fish Receiving business. - FY2017RestatedAnnual report
「However, if an event occurs that exceeds the scope of the measures described above, it may affect the operating results and financial position of the Group.」
While continuing its food safety measures, the Company identifies events beyond the scope of those measures as residual risks. - FY2016First statedAnnual report
「If an event occurs that exceeds the scope of the measures described above, it may affect the operating results and financial position of the Group.」
The Company conducts food defense, food safety assessments and scientific information gathering, while identifying events beyond the scope of these measures as risks.