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Akikawa Foods & Farms (1380) · TargetAdvancedLatest Results (2026-11-13): "Worsened"

Improving the profitability of the production and wholesale business

First written in FY2017. 18 of 32 entries say "Worsened", first in FY2018-Q2. Latest entry: 2026-11-13.

32entries
10years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2019-Q2 – FY2020WorsenedFY2022-Q1 – FY2023-Q3AdvancedFY2024-Q1 – FY2024-Q3AdvancedFY2025 – 2026-08-142017: 220172018: 320182019: 420192020: 420202021: 420212022: 420222023: 220232024: 220242025: 220252026: 52026
Same theme, other companies
Cost Reduction, Stable Production and Improved Profitability through Manufacturing Process EfficiencyA theme 247 companies write about · 2 as a headwind · 262 as a tailwind

Akikawa Foods & Farms moved to the "Worse" side of this theme in 2017, 6 years before the typical company in this theme (2023).

14 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 186 companies compared. The sentences above are computed from all 186.Comparing 200 of the theme's 264 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「As a result, revenue from the production and wholesale business was ¥6,622 million, up 5.7% year on year, and operating profit was ¥558 million, up 35.5% year on year.」

    Revenue in the production and wholesale business increased 5.7% and operating profit increased 35.5%, demonstrating specific improvement in profitability on the profit side.
  2. FY2026-H1AdvancedAnnual report

    「In the production and wholesale business, revenue increased as sales of frozen processed foods and eggs remained strong and the effect of higher product prices also contributed. In terms of profit, there were various cost increases, including raw materials and packaging materials, as well as higher labor costs, but profit increased due to the positive effects of higher sales and price increases. As a result, revenue in the production and wholesale business was ¥3,240 million, up 9.5% year on year, while operating profit was ¥229 million, up 61.2%.」

    Despite cost increases, operating profit in the production and wholesale business increased 61.2% year on year due to higher sales and the effects of price increases, demonstrating progress in improving profitability.
  3. FY2025AdvancedAnnual report

    「In the production and wholesale business, revenue increased due to product price increases, higher sales of chicken and frozen processed foods, and the addition of 秋川牧園(常州)農業有限公司, which produces and sells chicken in China, as a consolidated subsidiary. Although costs increased due to higher labor costs and depreciation associated with investment to renew freezing equipment in February 2024, operating profit increased as a result of product price increases and higher sales. As a result, revenue from the production and wholesale business was ¥6,265 million, up 9.2% year on year, and operating profit was ¥412 million, up 8.7% year on year.」

    Despite cost increases, operating profit in the production and wholesale business increased 8.7% due to product price increases, higher sales and the consolidation of the Chinese subsidiary.
  4. FY2025-H1WorsenedAnnual report

    「As a result, revenue from the production and wholesale business was ¥2,960 million, up 5.9% year on year, and operating profit was ¥142 million, down 30.0% year on year.」

    While revenue in the production and wholesale business increased 5.9%, operating profit declined 30.0%, indicating deteriorating progress on the profit side in improving profitability.
  5. FY2024-Q3AdvancedAnnual report

    「As a result, revenue from the production and wholesale business was ¥4,310 million, up 7.7% year on year, and operating profit was ¥329 million, up 40.4% year on year.」

    Revenue in the production and wholesale business increased 7.7% year on year and operating profit increased 40.4%, with the improvement in profitability from higher sales, price increases and improved productivity reflected in the results.
  6. FY2024-Q1AdvancedAnnual report

    「Although costs increased due to higher feed prices and labor costs, among other factors, profit increased as a result of higher sales, the effects of price increases, and improved productivity at the chicken packing center and frozen-food plant. As a result, revenue from the production and wholesale business was ¥1,392 million, up 15.6% year on year, and operating profit was ¥105 million, up 62.2% year on year.」

    Despite cost increases, operating profit in the production and wholesale business increased 62.2% year on year due to higher sales, price increases and improved productivity, demonstrating progress in improving profitability.
  7. FY2023-Q3WorsenedAnnual report

    「In the production and wholesale business, revenue increased because sales of frozen processed foods remained solid at the main customers, consumer cooperatives and home-delivery companies, and because of product price increases. Although the phased implementation of product price increases contributed to higher profit, operating profit declined due to soaring raw material prices, particularly feed. As a result, revenue from the production and wholesale business was ¥4,001 million, up 5.0% year on year, and operating profit was ¥234 million, down 35.4% year on year.」

    While product price increases contributed to higher profit, operating profit in the production and wholesale business declined 35.4% year on year due to soaring raw material prices, indicating deteriorating progress on the profit side toward the goal of improving profitability.
  8. FY2023-Q2WorsenedAnnual report

    「In the production and wholesale business, sales of chicken declined at the main customers, consumer cooperatives and home-delivery companies, but revenue increased because sales of frozen processed foods remained strong. Although the phased implementation of product price increases contributed to higher profit, operating profit declined due to soaring raw material prices, particularly feed. As a result, revenue from the production and wholesale business was ¥2,503 million, up 4.1% year on year, and operating profit was ¥141 million, down 34.3% year on year.」

    While revenue in the production and wholesale business increased 4.1%, operating profit declined 34.3% due to soaring raw material prices, indicating deteriorating progress on the profit side toward the goal of improving profitability.
  9. FY2023-Q1WorsenedAnnual report

    「As a result, revenue from the production and wholesale business was ¥1,204 million, down 0.9% year on year, and operating profit was ¥65 million, down 44.5% year on year.」

    Revenue in the production and wholesale business declined 0.9% year on year and operating profit declined 44.5%, indicating deteriorating progress on the profit side toward the goal of improving profitability.
  10. FY2022WorsenedAnnual report

    「Revenue from the production and wholesale business was ¥4,996 million, up 0.2% year on year, and operating profit was ¥426 million, down 23.8% year on year.」

    Although revenue increased slightly, operating profit declined 23.8%, indicating deteriorating progress on the profit side toward the goal of improving profitability through increased production capacity and lower costs.
  11. FY2022-Q3WorsenedAnnual report

    「As a result, revenue from the production and wholesale business was ¥3,809 million, down 0.4% year on year, and operating profit was ¥363 million, down 17.7% year on year.」

    Revenue and operating profit in the production and wholesale business were below the previous year's levels, with operating profit down 17.7%. Progress on the profit side toward the goal of improving profitability through increased production capacity and lower costs has deteriorated.
  12. FY2022-Q2WorsenedAnnual report

    「As a result, revenue from the production and wholesale business was ¥2,405 million, down 3.1% year on year, and operating profit was ¥215 million, down 19.6% year on year.」

    Operating profit in the production and wholesale business declined 19.6% year on year, indicating deteriorating progress on the profit side toward the goal of improving profitability through increased production capacity and lower costs.
  13. FY2022-Q1WorsenedAnnual report

    「As a result, revenue from the production and wholesale business was ¥1,215 million, down 4.6% year on year, and operating profit was ¥117 million, down 17.8% year on year.」

    Revenue and operating profit in the production and wholesale business were below the previous year's levels, with operating profit down 17.8%.
  14. FY2021AdvancedAnnual report

    「As a result, revenue from the production and wholesale business was ¥4,984 million, up 5.4% year on year, and operating profit was ¥559 million, up 46.2% year on year.」

    Operating profit in the production and wholesale business increased 46.2% year on year, demonstrating progress in improving profitability.
  15. FY2021-Q3AdvancedAnnual report

    「As a result, revenue from the production and wholesale business was ¥3,824 million (up 8.4% year on year), and operating profit was ¥441 million (up 64.2% year on year).」

    Revenue in the production and wholesale business increased 8.4% year on year and operating profit increased 64.2%, demonstrating progress in improving profitability.
  16. FY2021-Q2AdvancedAnnual report

    「As a result, revenue from the production and wholesale business was ¥2,483 million, up 11.7% year on year, and operating profit was ¥267 million, up 92.0% year on year.」

    Revenue in the production and wholesale business increased 11.7% year on year and operating profit increased 92.0%, demonstrating progress in improving profitability.
  17. FY2021-Q1AdvancedAnnual report

    「As a result, revenue from the production and wholesale business was ¥1,273 million, up 14.7% year on year, and operating profit was ¥143 million, up 104.8% year on year.」

    Revenue in the production and wholesale business increased 14.7% year on year and operating profit increased 104.8%, demonstrating clear improvement in profitability, which had declined through the previous fiscal year.
  18. FY2020WorsenedAnnual report

    「Revenue from the production and wholesale business was ¥4,730 million, up 3.0% year on year, and operating profit was ¥382 million, down 4.6% year on year.」

    While revenue in the production and wholesale business increased, operating profit declined 4.6% year on year, indicating deteriorating progress on the profit side toward the goal of improving profitability through increased production capacity and lower costs.
  19. FY2020-Q3WorsenedAnnual report

    「In the production and wholesale business, sales of core chicken products were at the same level as the previous year, but revenue increased because sales of items other than chicken exceeded those in the same period of the previous year. Although improvements in chicken and egg production performance at production subsidiaries contributed to profit, operating profit declined due to higher manufacturing costs at the chicken packing center and frozen-food plant, among other factors. As a result, revenue from the production and wholesale business was ¥3,526 million, up 1.5% year on year, and operating profit was ¥268 million, down 4.8% year on year.」

    Revenue in the production and wholesale business increased 1.5% year on year, while operating profit declined 4.8% due to higher manufacturing costs and other factors, indicating deteriorating progress in improving profitability.
  20. FY2020-Q2WorsenedAnnual report

    「In the production and wholesale business, sales of core chicken products declined slightly, but revenue increased because sales of items other than chicken exceeded those in the same period of the previous year. Although improvements in chicken and egg production performance at production subsidiaries contributed to profit, operating profit declined due to higher manufacturing costs at the chicken packing center and frozen-food plant, among other factors. As a result, revenue from the production and wholesale business was ¥2,222 million, up 1.3% year on year, and operating profit was ¥139 million, down 13.8% year on year.」

    Revenue in the production and wholesale business increased 1.3% year on year, while operating profit declined 13.8% due to higher manufacturing costs and other factors, indicating deteriorating progress toward the goal of improving profitability.
  21. FY2020-Q1WorsenedAnnual report

    「As a result, revenue from the production and wholesale business was ¥1,110 million, up 0.6% year on year, and operating profit was ¥69 million, down 28.6% year on year.」

    Revenue in the production and wholesale business increased 0.6% year on year, while operating profit declined 28.6%, indicating deteriorating progress in improving profitability.
  22. FY2019WorsenedAnnual report

    「Revenue from the production and wholesale business was ¥4,592 million, up 5.8% year on year, and operating profit was ¥400 million, down 2.5% year on year.」

    While revenue increased, operating profit declined 2.5% year on year due to feed prices, manufacturing costs associated with labor shortages and selling, general and administrative expenses.
  23. FY2019-Q3WorsenedAnnual report

    「In the production and wholesale business, sales remained strong, led by core products such as chicken and frozen processed foods, resulting in higher revenue. Although higher revenue contributed to profit, operating profit declined due to higher feed prices, increased manufacturing costs caused by labor shortages at the chicken packing center, and higher selling, general and administrative expenses, including operating expenses. As a result, revenue from the production and wholesale business was ¥3,474 million, up 6.2% year on year, and operating profit was ¥282 million, down 8.1% year on year.」

    Revenue in the production and wholesale business increased 6.2% year on year, while operating profit declined 8.1% year on year, indicating deteriorating progress in improving profitability.
  24. FY2019-Q2WorsenedAnnual report

    「In the production and wholesale business, sales remained strong, led by core products such as chicken and frozen processed foods, resulting in higher revenue. Although higher revenue contributed to profit, operating profit declined due to higher feed prices, lower production performance for broilers, and higher selling, general and administrative expenses, including operating expenses. As a result, revenue from the production and wholesale business was ¥2,194 million, up 8.1% year on year, and operating profit was ¥161 million, down 5.9% year on year.」

    While revenue increased 8.1% year on year, operating profit declined 5.9% year on year due to feed prices, broiler production performance and operating expenses, indicating deteriorating progress in improving profitability.
  25. FY2019-Q1AdvancedAnnual report

    「As a result, revenue from the production and wholesale business was ¥1,104 million, up 7.4% year on year, and operating profit was ¥97 million, up 6.2% year on year.」

    In the production and wholesale business, higher sales of core products lifted operating profit 6.2% year on year, demonstrating progress in improving profitability.
  26. FY2018-Q3WorsenedAnnual report

    「In the production and wholesale business, revenue increased as sales of frozen processed foods, dairy products and other items rose. Although productivity improvements in primary chicken processing contributed to profit, operating profit declined due to higher selling, general and administrative expenses, including logistics costs, and lower productivity in egg production, among other factors. As a result, revenue from the production and wholesale business was ¥3,270 million, up 1.3% year on year, and operating profit was ¥306 million, down 9.1% year on year.」

    While productivity improvements had a positive effect, operating profit in the production and wholesale business declined 9.1% year on year due to higher logistics and other costs and lower productivity in egg production.
  27. FY2018-Q2WorsenedAnnual report

    「In the production and wholesale business, sales of frozen processed foods declined slightly, but sales of dairy products and other items increased, resulting in revenue at the same level as the previous year. Profit declined due to the higher cost of feed ingredients compared with the same period of the previous year and lower productivity in egg production, among other factors. As a result, revenue from the production and wholesale business was ¥2,031 million, up 0.0% year on year, and operating profit was ¥171 million, down 19.6% year on year.」

    Against the goal of improving profitability through higher production capacity and lower costs, operating profit in the production and wholesale business declined 19.6% year on year.
  28. FY2017First statedAnnual report

    「① Enhance the profitability of the production and wholesale business To capitalize on these opportunities, we will increase production capacity and reduce production costs, thereby improving the profitability of the business as a whole.」

    The company has set improving the profitability of the production and wholesale business as its goal, using increased production capacity and lower production costs as the means.
Moved together

"Turned profitable in operating and ordinary income from a loss in the previous year" moved the same way as this thread, in the same document, in 26 of its 32 moves.

261716141211★123456
  1. ★This thread
  2. 1Turned profitable in operating and ordinary income from a loss in the previous year26×
  3. 2Expansion of sales of core products to consumer cooperatives and home-delivery companies17×
  4. 3Uncertainty over the outlook due to the stronger yen, weak stock prices and the UK's EU withdrawal issue16×
  5. 4Higher freight and member recruitment expenses associated with the expansion of direct sales14×
  6. 5Expansion of nationwide home-delivery membership and sales to mail-order companies12×
  7. 6High Raw-Material Prices and Volatile Feed Prices11×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Akikawa Foods & Farms's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Results of 2026-11-13: "Worsened".
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