Sales Decline and Losses Due to the First-Quarter Off-Season
First written in FY2016. 7 of 15 entries say "Worsened", first in FY2018-Q1. Latest entry: 2026-03-16.
Berg Earth moved to the "Worse" side of this theme in 2017, 7 years before the typical company in this theme (2024).
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- 2026-03-16RestatedEarnings
「The Group's cumulative first-quarter results for the period from November to January tend to be lower than those in other quarters because demand for its core product, vegetable seedlings, declines nationwide during this period.」
The seasonal decline in first-quarter revenue was reaffirmed. - FY2025WorsenedAnnual report
「First-quarter sales of ¥763.430 million and operating loss of ¥374.277 million」
Sales weakness and losses during the off-season in the first quarter continued, and the operating loss was ¥374.277 million. - FY2024-Q1WorsenedAnnual report
「During the first quarter consolidated cumulative period (November to January), our group’s sales tend to be lower than in other quarters because demand for our main product, vegetable seedlings, declines nationwide during this period. On the cost side, depreciation and personnel expenses for indirect departments are incurred broadly evenly each quarter, while seasonal earnings fluctuations also arise from winter costs such as fuel expenses.」
The off-season from November to January and fixed and winter-related costs continued, and the operating loss widened from ¥313.194 million in the same quarter of the previous year to ¥321.032 million. - FY2023-Q1WorsenedAnnual report
「During the first quarter consolidated cumulative period (November to January), our group’s sales tend to be lower than in other quarters because demand for our main products, vegetable seedlings, declines nationwide during this period. On the cost side, depreciation and personnel expenses for indirect departments are incurred broadly evenly each quarter, while seasonal earnings fluctuations also arise from winter costs such as fuel expenses.」
The seasonal off-season from November to January and winter-related costs continued, and the operating loss widened from ¥295.509 million in the same quarter of the previous year to ¥313.194 million. - FY2022RestatedAnnual report
「Our group’s sales tend to decline in the first quarter compared with other quarters, and profit also tends to decline in response to fluctuations in sales. This is because demand for our group’s main product, vegetable seedlings, declines nationwide from November to January, which corresponds to our first quarter.」
The company reconfirmed the seasonality of lower sales and profit in the first quarter from November to January. First-quarter sales for the fiscal year ended October 2022 were ¥545.679 million and the operating loss was ¥295.509 million. - FY2021RestatedAnnual report
「Our group’s sales tend to decline in the first quarter compared with other quarters, and profit also tends to decline in response to fluctuations in sales. … The quarterly performance overview for the fiscal year ended October 2021 is as follows: first-quarter sales of ¥531.916 million and an operating loss of ¥294.669 million.」
The company reconfirmed the seasonality of lower sales from November to January during the off-season and an operating loss of ¥294.669 million in the first quarter. - FY2021-Q1WorsenedAnnual report
「During the first quarter consolidated cumulative period (November to January), our group’s sales tend to be lower than in other quarters because demand for our main products, vegetable seedlings, declines nationwide during this period. On the cost side, depreciation and personnel expenses for indirect departments are incurred broadly evenly each quarter, while seasonal earnings fluctuations also arise from winter costs such as fuel expenses.」
First-quarter sales weakness during the off-season and fixed and winter-related costs continued, and the operating loss widened from ¥273.702 million in the same quarter of the previous year to ¥294.669 million. - FY2020-Q1WorsenedAnnual report
「During the first quarter consolidated cumulative period (November to January), our group’s sales tend to be lower than in other quarters because demand for our main products, vegetable seedlings, declines nationwide during this period. On the cost side, depreciation and personnel expenses for indirect departments are incurred broadly evenly each quarter, while seasonal earnings fluctuations also arise from winter costs such as fuel expenses.」
Seasonality during the off-season continued. Although sales increased, the operating loss widened from ¥244.570 million in the same quarter of the previous year to ¥273.702 million. - FY2019MitigatedAnnual report
「Sales of flower seedlings and onion seedlings are currently increasing as measures to address the off-season, and we are accelerating the development of new products. However, first-quarter sales are expected to remain lower than in other quarters for the time being.」
Seasonal first-quarter sales weakness and losses continued, but measures such as higher sales of flower and onion seedlings progressed, and the operating loss for the first quarter of the fiscal year ended October 2019 narrowed to ¥244.570 million. - FY2019-Q1MitigatedAnnual report
「During the first quarter consolidated cumulative period (November to January), our group’s sales tend to be lower than in other quarters because demand for our main products, vegetable seedlings, declines nationwide during this period. On the cost side, depreciation and personnel expenses for indirect departments are incurred broadly evenly each quarter, while seasonal earnings fluctuations also arise from winter costs such as fuel expenses.」
Seasonal first-quarter sales weakness and fixed and winter-related costs continued, but the operating loss narrowed from ¥254.243 million in the same quarter of the previous year to ¥244.570 million. - FY2018WorsenedAnnual report
「Our first-quarter performance (November to January) falls during the off-season for the vegetable-seedling production and sales business, and sales decline compared with other quarters, resulting in continued losses. The expansion of production capacity for the busy season and other measures also weigh on the first quarter, causing the loss to tend to increase.」
Seasonal first-quarter sales weakness and losses continued, and the operating loss for the first quarter of the fiscal year ended October 2018 widened to ¥254.243 million from ¥235.035 million in the same period of the previous year. - FY2018-Q1WorsenedAnnual report
「During the first quarter consolidated cumulative period (November to January), our group’s sales tend to be lower than in other quarters because demand for our main products, vegetable seedlings, declines nationwide during this period. On the cost side, depreciation and personnel expenses for indirect departments are incurred broadly evenly each quarter, while seasonal earnings fluctuations also arise from winter costs such as fuel expenses.」
Seasonal first-quarter sales weakness and fixed and winter-related costs continued, resulting in an operating loss of ¥254.243 million for the quarter. The loss widened from the operating loss of ¥235.035 million in the same quarter of the previous year. - FY2017MaterialisedAnnual report
「Our group’s sales tend to decline in the first quarter compared with other quarters, and profit also tends to decline in response to fluctuations in sales. First-quarter sales were ¥501.760 million and the operating loss was ¥235.035 million.」
Seasonal sales weakness and losses during the off-season also occurred in the fiscal year ended October 2017. - FY2017-Q1MaterialisedAnnual report
「During the first quarter consolidated cumulative period (November to January), our group’s sales tend to be lower than in other quarters because demand for our main products, vegetable seedlings, declines nationwide during this period. On the cost side, depreciation and personnel expenses for indirect departments are incurred broadly evenly each quarter, while seasonal earnings fluctuations also arise from winter costs such as fuel expenses.」
Seasonal sales weakness in the first quarter and fixed and winter-related costs continued, resulting in an operating loss of ¥235.035 million for the quarter. - FY2016First statedAnnual report
「The performance of our group in the first quarter (November to January) falls during the off-season for the vegetable-seedling production and sales business, and sales decline compared with other quarters, resulting in continued losses. / The first-quarter operating profit or operating loss (△) was △¥244.099 million.」
Sales declined during the off-season from November to January, and the current first quarter also recorded an operating loss of ¥244.099 million.