Natural Disaster Risks at Production Sites in Japan and Overseas

「This was mainly because extraordinary income increased by ¥5,464 million due to the recording of insurance proceeds, while special losses decreased by ¥257 million from the same period of the previous year, when a fire loss was recorded, despite the recording of damages and other payments during the current period.」

「As the insurance amount related to the fire at the company's Hiroshima Plant on 24 September 2022 was finalized on 31 October 2023, the company plans to record insurance proceeds of ¥7,969 million as extraordinary income for the third quarter of the fiscal year ending March 2024.」

「During the consolidated fiscal year, including the recording of a fire loss arising from the fire at the company's Hiroshima Plant on 24 September 2022,」

「Special losses totaled ¥3,579 million, an increase of ¥2,495 million from the same period of the previous year, mainly due to the recording of a ¥2,897 million fire loss and other items. As a result, profit increased by ¥322 million year on year.」

「The loss arising from the fire at the company's Hiroshima Plant on 24 September 2022 was recorded.」

「Natural disasters, accidents and other events」

「Losses from disasters 628」

「However, the chronic labor shortage and adverse effects associated with natural disasters such as major typhoons have become significant risk factors. / Losses from disasters 351」

「The logistics business was forced to suspend operations in the Kansai region for a certain period due to damage caused by Typhoon No. 21 in September, but captured strong storage demand in other major metropolitan areas, including the Tokyo metropolitan area.」

「For the second quarter of the consolidated fiscal year-to-date period, revenue declined due to lower shipments of farmed bluefin tuna and lower handling volumes of skipjack tuna as a result of repeated typhoons.」

「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.」

「Natural disasters such as earthquakes and typhoons could damage production facilities and disrupt logistics functions, restricting business activities and potentially affecting the Group's performance and financial position.」

「In the Receiving business, continued high unit prices for both fresh and frozen fish, along with poor catches caused by adverse weather, made sourcing difficult. Sales also remained generally sluggish because high prices made margins difficult to secure, resulting in lower revenue and profit.」

「Natural disasters such as earthquakes and typhoons could damage production facilities and disrupt logistics functions, restricting business activities and potentially affecting the Group's performance and financial position.」

「In the Receiving business, although high unit prices continued for both fresh and frozen fish, sales declined and revenue fell amid difficulties in sourcing due in part to adverse weather. Despite efforts to reduce costs, the decline in revenue could not be offset, resulting in lower profit.」

「In the Receiving business, although high unit prices continued for both fresh and frozen fish, sales declined and revenue fell amid difficulties in sourcing due in part to the typhoon. Despite efforts to reduce costs, the decline in revenue could not be offset, resulting in lower profit.」

「Aquaculture revenue declined due in part to the impact of damage from last year's typhoons, resulting in revenue of ¥8,264 million, down 8.3% year on year, and operating profit of ¥608 million, up 156.5%, in the fisheries and aquaculture business.」

「Natural disasters such as earthquakes and typhoons could damage production facilities and disrupt logistics functions, restricting business activities and potentially affecting the Group's performance and financial position.」