Decline and recovery in broiler production performance
First written in FY2019-Q2. 3 of 6 entries say "Restated". Latest entry: FY2021.
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- FY2021RestatedAnnual report
「Profit increased due to improvements in chicken production performance at production subsidiaries, among other factors.」
For chicken production performance, including broilers, which had been shown to have declined in the previous fiscal year, improvements continue to contribute to profit. - FY2020-Q3RestatedAnnual report
「In terms of profit, although there were factors behind lower profit, including higher manufacturing costs at the chicken packing center and frozen-food plant, profit increased due to improved chicken and egg production performance at production subsidiaries and the effect of reductions in selling, general and administrative expenses in the direct-sales business, among other factors.」
Improvements in production performance, including broilers, continue to be cited as a factor behind higher profit despite factors behind lower profit, such as higher manufacturing costs. - FY2020-Q2RestatedAnnual report
「Although improvements in chicken and egg production performance at production subsidiaries and the effect of reductions in selling, general and administrative expenses in the direct-sales business contributed positively,」
For production performance, including broilers, which was identified as a factor behind lower profit in the previous fiscal year, improvements continue to be cited as factors contributing to profit. - FY2020-Q1MitigatedAnnual report
「Although improvements in chicken and egg production performance at production subsidiaries and the effect of reductions in selling, general and administrative expenses in the direct-sales business contributed positively,」
For production performance, including broilers, which was identified as a factor behind lower profit in the previous fiscal year, improvements in chicken and egg production performance are cited this quarter as factors contributing to profit. - FY2019MitigatedAnnual report
「Profit increased due to improvements in chicken production performance at production subsidiaries, among other factors.」
For broiler production performance, which was identified as a factor behind lower profit in the previous quarter, the full-year report cites improved chicken production performance at production subsidiaries as a factor behind higher profit. - FY2019-Q2First statedAnnual report
「In terms of profit, although revenue increased as described above, profit declined due to higher feed prices, lower broiler production performance and higher selling, general and administrative expenses in indirect departments, among other factors. (Broiler production performance has already recovered recently, and favorable conditions continue.)」
While explicitly identifying lower broiler production performance as a factor behind lower profit in the second quarter for the first time, the company states that performance has already recovered recently and remains favorable.