Expansion of the potato business and increase in the proportion of proprietary overseas varieties
First written in FY2016. 10 of 31 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「Selling prices were raised in response to higher procurement prices, resulting in revenue above the previous fiscal year. However, we were unable to pass on the full increase in procurement prices to selling prices and could not secure profit. As a result, revenue from the potato business for the fiscal year was ¥75.699 million, up 1.4% year on year, while the business posted an operating loss of ¥244 thousand, compared with operating profit of ¥4.212 million in the previous fiscal year.」
Although revenue increased after selling prices were raised, the full increase in procurement prices could not be passed on, and the potato business moved from operating profit to an operating loss. - FY2026-H1Midyear Revenue and Profit Decline Due to Supply ShortagesAnnual report
「During the interim consolidated accounting period, sales volume for the autumn crop declined as reduced cultivation acreage for seed potatoes led to supply shortages. For the spring crop, production also declined due to high temperatures and drought in seed-potato production areas, leaving sales volume below the level of the same period of the previous year.」
The autumn crop faced supply shortages due to reduced cultivation acreage, while the spring crop suffered lower production due to high temperatures and drought. Revenue from the potato business declined 9.7%, and operating profit fell 62.9%. - FY2025Revenue fell amid supply shortages, but profit rose following a price revisionAnnual report
「Although sales volume declined for the spring crop, we were able to secure profit by revising selling prices in response to higher procurement costs. As a result, revenue from the potato business for the fiscal year was ¥74.657 million, down 3.4% year on year, while operating profit was ¥4.212 million, up 803.9%.」
Although revenue declined due to lower sales volume, operating profit rose 803.9% to ¥4.212 million year on year following a revision of selling prices. - FY2025-H1Revenue fell amid supply shortages, but the business remained profitableAnnual report
「Although sales volume declined for the spring crop, we were able to secure profit by revising selling prices in response to higher procurement costs. As a result, revenue from the potato business was ¥51.471 million, down 7.4% from the same period of the previous year, while operating profit was ¥5.254 million, up 208.9%.」
Sales volume declined due to shortages of seed potatoes and other factors, resulting in a 7.4% year-on-year decline in revenue, but operating profit rose 208.9% to ¥5.254 million following a revision of selling prices. - FY2024WorsenedAnnual report
「In the autumn crop, sales volume declined because of shortages of seed potatoes in some production areas. For the spring crop, production of seed potatoes, particularly original varieties, also fell due to record heat, preventing us from securing sufficient sales volume. As a result, revenue from the potato business for the fiscal year was ¥77.317 million, down 37.2% year on year, and operating profit was ¥466 thousand, down 95.1%.」
The potato business posted substantially lower full-year revenue and operating profit as autumn-crop supply shortages coincided with lower spring-crop production caused by record heat. - FY2024-Q3WorsenedAnnual report
「Sales volume for the autumn crop declined because of seed potato supply shortages in some production areas. For the spring crop, production of seed potatoes, mainly original varieties, also declined because of record heat, preventing the Company from securing sufficient sales volume. As a result, revenue from the potato business was ¥73.107 million, down 37.5% year on year, and operating profit was ¥2.389 million, down 74.6% year on year.」
The combination of supply shortages for the autumn crop and lower production for the spring crop caused by record heat resulted in a 37.5% decline in revenue and a 74.6% decline in operating profit for the potato business. - FY2024-Q2WorsenedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, sales volume for the autumn crop declined because of seed potato supply shortages in some production areas. For the spring crop, production of seed potatoes, mainly original varieties, also declined because of record heat, preventing the Company from securing sufficient sales volume. As a result, revenue from the potato business was ¥55.592 million, down 34.5% year on year, and operating profit was ¥1.701 million, down 77.4% year on year.」
The Company was unable to secure sufficient sales volume because of supply shortages in some production areas and lower production caused by record heat, resulting in a 34.5% decline in revenue and a 77.4% decline in operating profit for the potato business. - FY2024-Q1AdvancedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, sales volume declined because of seed potato supply shortages in some production areas. However, profit improved from the same period of the previous year as a result of efforts to reduce expenses. As a result, revenue from the potato business was ¥10.318 million, down 12.7% year on year, and operating loss was ¥1.993 million, compared with an operating loss of ¥2.595 million in the same period of the previous year.」
Although sales volume declined because of supply shortages in some production areas, the operating loss narrowed from ¥2.595 million in the same period of the previous year to ¥1.993 million through expense reductions. - FY2023-Q2WorsenedAnnual report
「For the autumn crop, despite supply shortages of foundation seed for seed potato production and lower production volumes caused by torrential rain in Aomori, a production area, the Company secured procurement volumes, enabling it to increase sales volume from the same period of the previous year. For the main spring crop, it became difficult to secure procurement volumes for some varieties because of lower production volumes caused by torrential rain in Aomori. In addition, sales volume declined as the volume handled by some major customers decreased. As a result, revenue from the potato business was ¥84.822 million, down 17.0% year on year, and operating profit was ¥7.537 million, down 18.5% year on year.」
Although sales volume increased for the autumn crop through securing procurement volumes, sales volume declined for the main spring crop because some varieties were difficult to procure and the volume handled by major customers decreased. As a result, the potato business reported lower revenue and profit. - FY2023-Q1AdvancedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were supply shortages of foundation seed for seed potato production and production volumes declined because of torrential rain in Aomori, a production area. However, the Company secured procurement volumes, enabling it to increase sales volume from the same period of the previous year.」
Despite supply shortages of foundation seed and lower production volumes caused by torrential rain in Aomori, the Company secured procurement volumes and increased potato sales volume from the same period of the previous year. - FY2022-Q3AdvancedAnnual report
「In spring-crop seed potatoes, production declined substantially because of adverse weather, including high temperatures and drought in production areas. Even under these conditions, the Company worked to secure procurement volumes, mainly for original varieties, resulting in sales volume exceeding the same period of the previous year. In addition, continued sales focused on profitability resulted in profit also exceeding the same period of the previous year. As a result, revenue from the potato business was ¥130.141 million, up 2.3% year on year, and operating profit was ¥9.861 million, up 62.3% year on year.」
Despite lower production due to high temperatures and drought, the Company secured procurement volumes centered on original varieties and focused on profitable sales, resulting in sales volume and profit exceeding the same period of the previous year. Operating profit was ¥9.861 million. - FY2022-Q2AdvancedAnnual report
「In spring-crop seed potatoes, production declined substantially because of adverse weather, including high temperatures and drought in production areas. Even under these conditions, the Company worked to secure procurement volumes, mainly for original varieties, resulting in sales volume exceeding the same period of the previous year. In addition, continued sales focused on profitability resulted in profit also exceeding the same period of the previous year. As a result, revenue from the potato business was ¥102.226 million, up 19.2% year on year, and operating profit was ¥9.243 million, up 89.4% year on year.」
Despite lower production due to drought and other factors, the Company secured procurement volumes centered on original varieties and focused on profitable sales, resulting in sales volume and profit exceeding the same period of the previous year. Revenue was ¥102.226 million and operating profit was ¥9.243 million. - FY2021AdvancedAnnual report
「However, the Company worked to secure procurement volumes and focused on sales with an emphasis on profitability, resulting in revenue and profit both exceeding the previous fiscal year. As a result, revenue from the potato business for the current consolidated fiscal year was ¥134.299 million, up 10.9% year on year, and operating profit was ¥4.183 million, compared with an operating loss of ¥9.246 million in the previous fiscal year.」
Despite lower production caused by adverse weather, the Company secured procurement volumes and focused on profitable sales, and the potato business turned from an operating loss to an operating profit. - FY2021-Q3AdvancedAnnual report
「In spring-crop seed potato sales, production of both original and standard varieties declined substantially because of adverse weather, including insufficient sunshine in production areas. However, the Company worked to secure procurement volumes and focused on sales with an emphasis on profitability, resulting in revenue and profit both exceeding the same period of the previous year. As a result, revenue from the potato business was ¥127.245 million, up 7.3% year on year, and operating profit was ¥6.077 million, compared with an operating loss of ¥3.743 million in the same period of the previous year.」
Despite lower production, the Company secured procurement volumes and focused on profitable sales, and the potato business turned from an operating loss in the same period of the previous year to operating profit of ¥6.077 million. - FY2021-Q2AdvancedAnnual report
「In spring-crop seed potato sales, production of both original and standard varieties declined substantially because of adverse weather, including insufficient sunshine in production areas. Although the Company worked to secure procurement volumes, sales volume fell below the same period of the previous year. However, it focused on sales with an emphasis on profitability and improved profit. As a result, revenue from the potato business was ¥85.763 million, down 6.9% year on year, and operating profit was ¥4.879 million, compared with an operating loss of ¥1.913 million in the same period of the previous year.」
Although sales volume fell below the same period of the previous year, the potato business turned from an operating loss in the same period of the previous year to operating profit of ¥4.879 million through sales focused on profitability. - FY2021-Q1AdvancedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, flooding and heavy rain affected seed potato production areas including Kumamoto and Aomori, resulting in supply shortages and preventing the Company from securing sufficient sales volume. Consequently, revenue fell below the same period of the previous year, but gross profit declined only slightly because procurement took selling prices into account. In addition, the loss narrowed as the Company worked to reduce expenses.」
Despite supply shortages, the Company procured with selling prices in mind and reduced expenses, limiting the decline in gross profit and narrowing the loss. - FY2020-Q3AdvancedAnnual report
「Within seed potato sales, the profit margin of the original varieties improved because production volumes were adjusted to match sales volumes. In addition, profitability was reviewed for each transaction involving standard varieties. Although revenue fell below the same period of the previous year, profit improved.」
Profit improved through production volume adjustments for original varieties and a review of transaction profitability for standard varieties. Although the potato business as a whole continued to post an operating loss, concrete progress toward profit improvement was indicated. - FY2020-Q2AdvancedAnnual report
「In seed potato sales, the profit margin of the original varieties improved because production volumes were adjusted to match sales volumes. In addition, profitability was reviewed for each transaction involving standard varieties. Although revenue fell below the same period of the previous year, profit improved.」
The potato business showed improved profit through production volume adjustments for original varieties and a profitability review of standard varieties. However, the business as a whole continued to post an operating loss. - FY2020-Q1RestatedAnnual report
「The overseas original varieties for which the Company holds domestic sales rights have characteristics such as flavor, color and processing suitability that differ from those of standard domestic varieties. The Company will therefore strengthen sales of these overseas original varieties and work to improve profit by managing procurement volumes appropriately.」
The policy of improving profit in the potato business through stronger sales of overseas original varieties and appropriate procurement volume management has continued. - FY2019Continued decline in revenue and profit from the potato businessAnnual report
「The overseas original varieties for which the Company holds domestic sales rights have characteristics such as flavor, color and processing suitability that differ from those of standard domestic varieties. The Company will therefore strengthen sales of these overseas original varieties and work to improve profit by managing procurement volumes appropriately.」
Although the policy of strengthening sales of overseas original varieties and managing procurement volumes has continued, the potato business posted revenue of ¥149.699 million and an operating loss of ¥30.914 million for the current consolidated fiscal year. - FY2019-Q3RestatedAnnual report
「The overseas original varieties for which the Company holds domestic sales rights have characteristics such as flavor, color and processing suitability that differ from those of standard domestic varieties. The Company will therefore strengthen sales of these overseas original varieties and work to improve profit by managing procurement volumes appropriately.」
The policy of improving profit in the potato business through stronger sales of overseas original varieties and appropriate procurement volume management has continued. - FY2019-Q2RestatedAnnual report
「The overseas original varieties for which the Company holds domestic sales rights have characteristics such as flavor, color and processing suitability that differ from those of standard domestic varieties. The Company will therefore strengthen sales of these overseas original varieties and work to improve profit by managing procurement volumes appropriately.」
The policy of improving profit in the potato business by strengthening sales of overseas original varieties and appropriately managing procurement volumes has continued. - FY2019-Q1RestatedAnnual report
「The overseas original varieties for which the Company holds domestic sales rights have characteristics such as flavor, color and processing suitability that differ from those of standard domestic varieties. The Company will therefore strengthen sales of these overseas original varieties and work to improve profit by managing procurement volumes appropriately.」
The policy of improving profit in the potato business through stronger sales of overseas original varieties and procurement volume management has continued. - FY2018RestatedAnnual report
「The overseas original varieties for which the Company holds domestic sales rights have characteristics such as flavor, color and processing suitability that differ from those of standard domestic varieties. The Company will therefore strengthen sales of these overseas original varieties and work to improve profit by managing procurement volumes appropriately.」
The policy of securing profitability in the potato business by strengthening sales of overseas original varieties and managing procurement volumes has continued. - FY2018-Q3Deterioration in the potato business resultsAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the Company was able to secure more Hokkaido-sourced procurement for the spring crop than in the previous year, which was affected by a typhoon. However, because crop conditions in other prefectures were poor, overall sales volume fell below the same period of the previous year. In addition, profit declined from the same period of the previous year due in part to higher procurement prices.」
Although the Company secured more Hokkaido-sourced procurement than in the previous year, poor crop conditions in other prefectures caused overall sales volume to fall below the same period of the previous year. Higher procurement prices also contributed to the decline in profit. - FY2018-Q2RestatedAnnual report
「The Company will expand production areas for these overseas original varieties and, in particular, strengthen sales of table potatoes to raise awareness among general consumers and expand sales of seed potatoes.」
The policy of expanding production areas for overseas original varieties and strengthening sales of table potatoes to raise awareness and expand seed potato sales has continued. - FY2018-Q1RestatedAnnual report
「The Company will expand production areas for these overseas original varieties and, in particular, strengthen sales of table potatoes to raise awareness among general consumers and expand sales of seed potatoes.」
The policy of expanding production areas for overseas original varieties and strengthening sales of table potatoes to raise awareness and expand seed potato sales has continued. - FY2017-Q3Quarterly actual results updateAnnual report
「As a result, revenue from the potato business was ¥439.619 million, down 59.4% year on year, and operating profit was ¥2.857 million, down 96.5% year on year.」
For the cumulative third quarter, revenue and operating profit from the potato business both fell below the same period of the previous year, declining 59.4% and 96.5%, respectively. - FY2017-Q2Quarterly actual results updateAnnual report
「As a result, revenue from the potato business was ¥332.341 million, down 54.2% year on year, and operating profit was ¥25.545 million, down 52.8% year on year.」
Revenue and operating profit from the potato business both fell below the same period of the previous year, declining 54.2% and 52.8%, respectively. - FY2017-Q1Quarterly actual results updateAnnual report
「As a result, revenue from the potato business was ¥127.728 million, up 8.0% year on year, and operating profit was ¥2.824 million, compared with an operating loss of ¥4.040 million in the same period of the previous year.」
Although there was no new disclosure regarding the target ratio for overseas original varieties, the potato business generated higher revenue year on year, and operating results also turned from a loss to a profit. - FY2016First statedAnnual report
「The company aims to stabilize its business base by increasing the sales mix of higher-margin overseas original varieties, and to expand the business by strengthening sales of potatoes for fresh consumption, thereby expanding sales of seed potatoes.」
The plan for subsidiary Japan Potato combines higher-margin varieties with sales of potatoes for fresh consumption.