Review of Selling Prices in Response to Rising Seed Procurement Prices
First written in FY2023-Q2. 4 of 7 entries say "Advanced", first in FY2023-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 17 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Profit was affected by higher costs because the weaker yen raised overseas seed production costs and the company proceeded further with the disposal of seeds whose quality had deteriorated. Segment profit declined 3.0% year on year to ¥530 million.」
Higher overseas seed production costs due to the weaker yen and the disposal of seeds whose quality had deteriorated continued to weigh on profit in the seed and seedling business. - FY2025WorsenedAnnual report
「Profit was affected by higher costs, as the company was unable to fully pass higher import prices on to customers for forage crop seeds and proceeded with the disposal of seeds whose quality had deteriorated. Segment profit declined 20.9% year on year to ¥547 million.」
For forage crop seeds, the company was unable to pass higher import prices fully on to customers, and the deterioration in profitability from its previous selling-price review initiative was disclosed. - FY2024-Q3AdvancedAnnual report
「In forage seeds, sales of seeds for greening projects declined as construction volumes fell, but sales increased due to the benefits of price increases across the forage seed business. As a result, revenue increased 4.3% year on year to ¥5,750 million.」
Sales increased due to the benefits of price increases across the forage seed business, resulting in a 4.3% year-on-year increase in cumulative revenue through the third quarter in the seed and seedling business. - FY2024-Q2AdvancedAnnual report
「In forage seeds, sales of seeds for greening projects declined as construction volumes fell, but sales increased due to the benefits of price increases across the forage seed business. As a result, revenue increased 1.7% year on year to ¥4 billion.」
Sales increased due to the benefits of price increases across the forage seed business, resulting in a 1.7% year-on-year increase in revenue in the seed and seedling business. - FY2023AdvancedAnnual report
「As a result of reviewing selling prices in response to higher procurement costs for vegetable and forage seeds, among other factors, revenue increased 4.0% year on year to ¥8,836 million.」
The review of selling prices in response to higher procurement costs for vegetable and forage seeds contributed to a 4.0% full-year increase in revenue in the seed and seedling business. - FY2023-Q3AdvancedAnnual report
「As a result of reviewing selling prices in response to higher procurement costs for vegetable and forage seeds, among other factors, revenue increased 4.6% year on year to ¥5,513 million.」
The review of selling prices in response to higher procurement costs for vegetable and forage seeds continued to contribute to higher revenue in the seed and seedling business. - FY2023-Q2First statedAnnual report
「Revenue also benefited from the review of selling prices in response to higher procurement prices for vegetable and forage seeds,」
The company first explicitly identified the review of selling prices in response to higher procurement prices for vegetable and forage seeds as an initiative.