Intensified Price Competition in the Feed Market and Declining Demand for Beet Pulp
First written in FY2024. 1 of 4 entries say "Mitigated", first in FY2025. Latest entry: FY2026-H1.
The whole theme swung hardest in 2018: 10 of 21 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026-H1Continued decline in sales of carried-over inventoryAnnual report
「Sales of beet pulp fell below the year-earlier period due to a decline in sales of carried-over inventory.」
Sales of carried-over beet pulp inventory fell below the year-earlier period, continuing to disclose weakness in demand and sales of the product. - FY2025MitigatedAnnual report
「Beet pulp production increased as a result of higher yields of sugar beets used as raw material, and both sales volume and revenue exceeded the previous fiscal year.」
In contrast to the decline in carried-over inventory sales disclosed in the previous interim period, beet pulp sales volume and revenue recovered in the current fiscal year due to increased production resulting from higher yields of raw sugar beets. - FY2025-H1Decline in sales of carried-over inventoryAnnual report
「Sales of beet pulp fell below the year-earlier period due to a decline in sales of carried-over inventory.」
Sales of carried-over beet pulp inventory fell below the year-earlier period, continuing to disclose weakness in demand and sales of the product. - FY2024First statedAnnual report
「The market for compound feed for dairy cattle in Hokkaido is approximately 1.6 million tonnes, and price competition is intensifying. There are also concerns about a decline in demand for beet pulp.」
Separately from existing risks related to raw material prices and energy costs, discloses the market and demand-side risks of price competition in the dairy cattle compound feed market and declining demand for beet pulp.