Yeast Price Competition and Trend and New Entrant Risks in the Functional Foods Market
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2024.
6 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The yeast market is facing difficult conditions due to intense competition for market share through price competition. Although the functional foods market is growing as health consciousness increases, it is subject to fads and is also easy for new entrants to enter, making stable growth difficult.」
It continues to disclose the difficulty of achieving stable growth due to price competition in yeast and the susceptibility of the functional foods market to fads and new entrants. - FY2023-Q2RestatedAnnual report
「Yeast sales exceeded the same period of the previous year, mainly because sales volumes of fresh yeast for commercial use increased. Sales of food ingredients such as oligosaccharides exceeded the same period of the previous year because sales volumes of raffinose and fructooligosaccharides increased.」
It states that sales volumes and sales of yeast and functional food ingredients exceeded the same period of the previous year, but does not indicate any change in the risks themselves related to price competition or the susceptibility of the market to fads and new entrants. - FY2022First statedAnnual report
「The yeast market is facing difficult conditions due to intense competition for market share through price competition. Although the functional foods market is growing as health consciousness increases, it is subject to fads and is also easy for new entrants to enter, making stable growth difficult.」
For the Food business, it discloses for the first time as an independent risk the difficulty of achieving stable growth due to price competition in yeast and the susceptibility of the functional foods market to fads and new entrants.