Impact of Intensifying Competition and Extreme Heat on Sales in Taiwan
First written in FY2017-Q3. 6 of 25 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Demand increased, but the plan was missedAnnual report
「At the Taiwan subsidiary, 台灣北斗生技股份有限公司, movement restrictions were imposed in July and September following typhoons, and demand for vegetables and mushrooms expanded as consumers stockpiled goods and stayed home. Although performance grew in the second quarter, the delay in the first quarter was not recovered, and sales and operating profit for the interim period finished below both the results for the same period of the previous year and the initial plan.」
Demand expanded in the second quarter as typhoons prompted stockpiling and staying home, but the first-quarter shortfall could not be recovered, leaving interim sales and operating profit below both the results for the same period of the previous year and plan. - FY2025-H1Sales improved, but remained below planAnnual report
「At the Taiwan subsidiary, 台灣北斗生技股份有限公司, sales volumes increased due to large demand following 2 typhoons and major promotional sales by major business partners. As a result, sales and operating profit both exceeded the previous year's results, but both fell slightly short of plan.」
In Taiwan, demand following typhoons and promotional sales by major business partners drove performance above the previous year's results, while both sales and operating profit fell below plan, showing both improvement and shortfalls under the competitive and pricing environment. - FY2024WorsenedAnnual report
「At the Taiwan subsidiary, price competition among retailers continued to intensify, and difficult conditions persisted, including the difficulty of raising prices for individual customers. Sales and operating profit both fell slightly short of plan.」
In Taiwan, price competition among retailers and the difficulty of raising prices continued, leaving both sales and operating profit below plan. - FY2024-Q3WorsenedAnnual report
「At the Taiwan subsidiary, 台灣北斗生技股份有限公司, price competition among retailers intensified, and price increase requests were rejected by individual customers, creating difficult conditions. Sales and operating profit both fell below plan.」
In Taiwan, intensified price competition among retailers and the rejection of price increase requests left sales and operating profit below plan. - FY2024-Q2Steady sales, but profit below planAnnual report
「Sales remained firm and exceeded the budget plan because overall vegetable supplies declined and demand for mushrooms expanded. However, pricing conditions remained challenging, leaving operating profit below plan.」
In Taiwan, reduced vegetable supplies due to typhoons and increased demand for mushrooms drove sales above the budget plan, while operating profit fell below plan because of continued pricing pressure. - FY2024-Q1Revenue Below Forecast; Profit Above ForecastAnnual report
「At the Taiwan subsidiary, 台灣北斗生技股份有限公司, overall retail sales declined as vegetable prices fell, and mushrooms also performed poorly. Sales fell slightly short of plan, while operating profit slightly exceeded plan due to the effects of expense reductions and other factors.」
In Taiwan, sales were sluggish as vegetable prices declined, leaving sales below plan, while operating profit exceeded plan due to expense reductions. - FY2023Revenue Below Forecast; Profit Above ForecastAnnual report
「As a result, sales fell slightly short of plan, while operating profit slightly exceeded plan due to the effects of expense reductions and other factors.」
In Taiwan, sales fell below plan due to weakness in the retail market, while operating profit exceeded plan as a result of expense reductions. - FY2023-Q2Retail market weakness and sales below planAnnual report
「As domestic tourism and the foodservice industry expanded sharply following the easing of COVID-19-related movement restrictions, the overall retail market in Taiwan struggled, as did mushroom sales at the Taiwan subsidiary, 台灣北斗生技股份有限公司. The traditional market also performed poorly, although order volumes from restaurants gradually increased. Sales fell below plan.」
In Taiwan, retail and traditional markets struggled as tourism and foodservice expanded following the easing of movement restrictions. Although signs of recovery emerged among restaurants, sales fell below plan. - FY2023-Q1Revenue Below Forecast; Profit Above ForecastAnnual report
「Sales volumes declined in June as extreme heat reduced consumption. Sales fell slightly short of plan, while operating profit exceeded plan.」
In Taiwan, extreme heat reduced consumption, leaving sales volumes and sales below plan, while operating profit exceeded plan. - FY2022Revenue Below Forecast; Profit Above ForecastAnnual report
「It was a year of sharp fluctuations in vegetable prices, and sales, mainly through retail channels, were unstable. However, efforts to develop new retail sales resulted in sales falling slightly short of plan, while operating profit exceeded plan.」
In Taiwan, sales became unstable due to fluctuations in vegetable prices, leaving sales below plan, while operating profit exceeded plan. - FY2022-Q3MaterialisedAnnual report
「At the Taiwan subsidiary, 台灣北斗生技股份有限公司, foodservice-related business performed well as domestic COVID-19 infections subsided and restrictions on dining in restaurants were gradually eased. However, mushroom sales were challenging because vegetable prices fell sharply.」
In Taiwan, foodservice-related business performed well, while the sharp decline in vegetable prices actually made mushroom sales challenging. - FY2022-Q2MitigatedAnnual report
「The Taiwan subsidiary, 台灣北斗生技股份有限公司, exceeded its sales and operating profit plans because tighter restrictions to prevent the spread of COVID-19 increased demand for at-home consumption, while higher vegetable prices due to heavy rainfall kept mushroom prices firm.」
In Taiwan, increased at-home consumption following tighter restrictions and firm mushroom prices resulting from higher vegetable prices drove sales and operating profit above plan. - FY2022-Q1MaterialisedAnnual report
「After the Lunar New Year in February, continued sunny weather led to excess distribution of vegetables, and vegetable prices continued to decline, pulling down mushroom prices as well. From mid-May, however, the rapid spread of COVID-19 infections in Taiwan led to a lockdown, sharply increasing demand for at-home consumption, while heavy rainfall reduced vegetable supplies and drove up mushroom prices. As a result, sales fell slightly short of the plan.」
In Taiwan, excess distribution and falling prices for vegetables, lockdowns due to the spread of infections, and supply fluctuations caused by heavy rainfall actually affected the sales environment, leaving sales below plan. - FY2021MaterialisedAnnual report
「The impact of COVID-19 on Taiwan's domestic economy was limited compared with other countries, but abnormal weather, including the fact that no typhoons arrived, eliminated the usual seasonal fluctuations in demand, making sales challenging.」
In Taiwan, abnormal weather eliminated seasonal fluctuations in demand, actually making sales challenging. - FY2021-Q3MaterialisedAnnual report
「The impact of COVID-19 on Taiwan's domestic economy was limited, but weak demand for nationwide barbecue events during the Mid-Autumn Festival holiday in early October led to excess distribution of vegetables overall. Prices continued to decline, making sales challenging for the Taiwan subsidiary, 台灣北斗生技股份有限公司.」
In Taiwan, weak barbecue demand during the Mid-Autumn Festival holiday and excess distribution of vegetables prolonged the downward trend in prices, actually making sales challenging. - FY2021-Q2MaterialisedAnnual report
「The impact of COVID-19 on Taiwan's domestic economy was limited, but abnormal weather, with rainfall at only about half the previous year's level and the lowest in 50 years, affected the Taiwan subsidiary, 台灣北斗生技股份有限公司. There were no large orders from buyers for stockpiling against damage from the rainy season and typhoons, so the usual seasonal fluctuations in demand did not occur. Sales were challenging, but exceeded the plan.」
In Taiwan, abnormal weather, low rainfall, and the absence of large stockpiling orders actually made sales challenging, while sales exceeded the plan. - FY2020MitigatedAnnual report
「The Taiwan subsidiary, 台灣北斗生技股份有限公司, exceeded its sales plan because it maintained stable cultivation throughout the year, initiatives with supermarkets central to its sales performed well, and its brand strength and stable, reliable cultivation methods gained market acceptance.」
In Taiwan, stable cultivation, transactions with core supermarkets, and growing recognition of the brand resulted in sales exceeding the plan. The company states that its response to the competitive and pricing environments improved. - FY2020-Q3RestatedAnnual report
「The Taiwan subsidiary, 台灣北斗生技股份有限公司, continued to achieve successful initiatives with supermarkets central to its sales, and stable transactions resulted in sales exceeding the plan.」
In Taiwan, stable transactions with core supermarkets have continued, maintaining the improved response to the competitive environment. - FY2020-Q2MitigatedAnnual report
「The Taiwan subsidiary, 台灣北斗生技股份有限公司, achieved stable transactions through its strong sales channels and brand strength, while new customer development also progressed steadily, resulting in sales exceeding the plan.」
In Taiwan, strong sales channels and brand strength secured stable transactions, and progress in developing new customers has improved the response to the competitive environment. - FY2019MitigatedAnnual report
「Sales to the core supermarket chain remained strong and stable trading continued, allowing us to exceed plan.」
In the Taiwan market, stable transactions with core supermarkets enabled performance to exceed the plan despite the competitive environment. - FY2019-Q2MitigatedAnnual report
「Sales initiatives with core supermarkets have been successful, enabling stable sales. In addition, mushroom prices remained firm partly because vegetable prices rose sharply following heavy rainfall in August.」
In Taiwan, sales initiatives with core supermarkets enabled stable sales, while the surge in vegetable prices temporarily eased pricing pressure. - FY2018RestatedAnnual report
「The Taiwan subsidiary, 台灣北斗生技股份有限公司, focused on building its brand and proposing product plans as it pursued sales activities. To address intense competition among companies, it opened a Taipei sales office in March 2018 to expand transactions with major chains and strengthen information gathering.」
In Taiwan, amid continued intense competition among companies, measures are being advanced to expand transactions with major chains and strengthen information gathering. - FY2018-Q2MaterialisedAnnual report
「The Taiwan subsidiary, 台灣北斗生技股份有限公司, focused on building its brand and proposing product plans as it pursued sales activities, but mushroom prices remained under pressure due to increased distribution volumes resulting from higher production by competitors and other factors.」
In the Taiwan market, increased distribution volumes due to higher production by competitors and weak prices have actually appeared in the sales environment. - FY2017SoftenedAnnual report
「The Taiwan subsidiary, 台灣北斗生技股份有限公司, focused on building its brand and proposing product plans as it pursued sales activities, but conditions remained challenging due to intensifying competition among companies.」
The previous reference to extreme heat has been removed, leaving intensifying competition among companies as the sole stated factor worsening the sales environment in Taiwan. - FY2017-Q3First statedAnnual report
「The Taiwan subsidiary, 台灣北斗生技股份有限公司, focused on building its brand and proposing product plans as it pursued sales activities, but conditions remained challenging due to intensifying competition among companies and the effects of extreme heat.」
The Taiwan subsidiary newly states that intensifying competition among companies and extreme heat actually emerged as factors worsening the sales environment, resulting in challenging conditions.