Risk of Quality Deterioration in Seeds and Other Products
First written in FY2016. 7 of 11 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「We are enhancing our systems for providing guidance on seed production techniques and for inspecting seeds, and regularly sort out and discard seeds that fail to meet quality standards or carry a risk of disease. Nevertheless, we cannot supply only seeds that meet users' requirements for purity, germination rates, soundness and other characteristics. If sufficient seed quality cannot be secured, sales may be disrupted and the performance of the Group may be adversely affected.」
The company continues to respond through guidance on seed production, inspections, and the disposal of low-quality seeds or seeds carrying a risk of disease, while reaffirming the risk that quality cannot be fully secured. - FY2025-H1MitigatedAnnual report
「In the seeds and seedlings business, sales of onion seeds increased in both exports and domestic sales, while exports of pumpkin and cabbage seeds also grew. As a result, sales increased 6.3% year on year to ¥4,253 million. Segment profit, however, decreased 31.8% to ¥213 million due to higher costs, including the disposal of seeds whose quality had deteriorated, higher personnel expenses and increased seed import prices.」
The company continues to address the risk of quality deterioration by disposing of seeds whose quality has deteriorated. Meanwhile, disposal costs and other cost increases have contributed to lower profit in the seeds and seedlings business. - FY2024-Q3MitigatedAnnual report
「Segment profit was ¥398 million, down 12.4% year on year, due to higher personnel expenses, higher costs associated with enhancing logistics and storage facilities to improve seed quality, and higher procurement prices resulting from the weaker yen.」
The company continues to enhance logistics and storage facilities to improve seed quality. Meanwhile, this response has resulted in higher costs. - FY2024-Q1MitigatedAnnual report
「Segment profit was ¥312 million, down 17.6% year on year, due mainly to higher costs associated with enhancing logistics and storage facilities to improve seed quality.」
The company continues to enhance logistics and storage facilities to improve seed quality and address quality risk. Meanwhile, the resulting increase in costs is putting pressure on profit. - FY2023-Q3MitigatedAnnual report
「The company proceeded with the disposal of vegetable seeds whose quality had deteriorated, and」
The company proceeded with the disposal of vegetable seeds whose quality had deteriorated and continues to address seed quality risk. - FY2023-Q2MitigatedAnnual report
「The company proceeded with the disposal of vegetable seeds whose quality had deteriorated, and」
The company proceeded with the disposal of vegetable seeds whose quality had deteriorated and continues to address seed quality risk. - FY2022MitigatedAnnual report
「We are enhancing our systems for providing guidance on seed production techniques and for inspecting seeds, and regularly sort out and discard seeds that fail to meet quality standards or carry a risk of disease.」
Measures to address quality risk, including guidance on seed production, seed inspections, and sorting out and discarding low-quality seeds or seeds carrying a risk of disease, continue. - FY2020MitigatedAnnual report
「We are enhancing our systems for providing guidance on seed production techniques and for inspecting seeds, and regularly sort out and discard seeds that fail to meet quality standards or carry a risk of disease.」
Specific measures have been established, including guidance on seed production, seed inspections, and sorting out and discarding low-quality seeds or seeds carrying a risk of disease. However, the risk that perfect quality cannot be guaranteed remains. - FY2019WorsenedAnnual report
「Although we take every possible measure to control the quality of seeds and other products, they are inherently biological, and there is a risk of quality deterioration or disease, even when harvesting and management are conducted with the utmost care, due to weather and other unforeseen factors. Accordingly, the company cannot supply only seeds with perfect purity, germination rates and soundness.」
The risk of disease has been explicitly added to the previously disclosed risk of quality deterioration. - FY2018RestatedAnnual report
「Seeds and other products are inherently biological, and their quality may deteriorate due to weather and other unforeseen factors, even when harvesting is conducted with the utmost care. Accordingly, the company cannot supply only seeds with perfect purity, germination rates and other characteristics.」
The risk of seed quality deterioration due to biological characteristics and weather has been reaffirmed. - FY2016First statedAnnual report
「Seeds and other products are inherently biological, and their quality may deteriorate due to weather and other unforeseen factors, even when harvesting is conducted with the utmost care.」
Risks from biological and weather-related factors that cannot be avoided even with quality control.