Decline in Sugar Beet Cultivated Area Due to the Aging of Agricultural Workers and a Lack of Successors
First written in FY2022. 4 of 6 entries say "Worsened", first in FY2023. Latest entry: 2026-08-10.
Nitten moved to the "Worse" side of this theme in 2023, 5 years after the typical company in this theme (2018).
The whole theme swung hardest in 2023: 4 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- 2026-08-10MaterialisedEarnings
「The sales volume of raw sugar declined due to lower beet sugar production in the 2025 production year」
The decline in production of sugar beets and beet sugar continued to appear as a decrease in raw sugar sales volume in the first quarter of the fiscal year ending March 2027. - FY2026WorsenedAnnual report
「Although the current scale of beet sugar production has been secured, profitability in sugar beet production has deteriorated due to low sugar content associated with climate change in recent years, persistently high fertilizer prices and other factors, and planted acreage is gradually declining.」
Although policy support of 550,000 tonnes from 2027 onward has been decided, production profitability continues to deteriorate due to low sugar content and persistently high fertilizer prices, and planted acreage continues to decline gradually. - FY2025WorsenedAnnual report
「The reduction in government policy support for sugar beets and beet sugar, together with worsening profitability caused by the record-low sugar content of sugar beets harvested in 2023, which was heavily affected by climate change, persistently high fertilizer prices and other factors, is prompting producers concerned about profitability to move away from sugar beet cultivation, and planted acreage is declining further.」
It discloses that producers are moving away from sugar beet cultivation and that planted acreage is declining further, indicating that the raw material production base continues to shrink. - FY2024WorsenedAnnual report
「In addition to the record-low sugar content of sugar beets harvested in 2023, which was heavily affected by extreme heat and other factors, producers concerned about sugar beet cultivation are increasingly moving away from the crop, and planted acreage is declining sharply.」
In addition to structural risks such as the aging agricultural workforce and a shortage of successors, producers are actually moving away from sugar beet cultivation following record-low sugar content, and planted acreage is declining sharply. - FY2023WorsenedAnnual report
「Amid sluggish sugar consumption, the government decided to gradually reduce policy support for sugar beets and beet sugar, based on discussions held last December by the Sweet Resources Subcommittee of the Council for Food, Agriculture and Rural Area Policies, from the current level of 640,000 tonnes of sugar production to 550,000 tonnes by the 2026 sugar year in order to ensure the sustainability of the sugar price adjustment system.」
Policy support for sugar beets and beet sugar will be gradually reduced from 640,000 tonnes to 550,000 tonnes of sugar production by the 2026 sugar year, presenting the policy risk surrounding the raw material production base with specific figures and a deadline. - FY2022First statedAnnual report
「Sugar consumption had been on a declining trend due to the decline in sugar beet cultivation acreage resulting from the aging agricultural workforce, a shortage of successors and farmers leaving agriculture, as well as consumers' preference for less sweetness and the growing availability of inexpensive sweeteners as alternatives to sugar. It has fallen sharply further due to the impact of COVID-19, and conditions have become extremely difficult amid labor shortages and changes in lifestyles.」
It identifies the decline in sugar beet cultivation acreage resulting from the aging agricultural workforce, a shortage of successors and farmers leaving agriculture as a new structural risk to the raw material production base for the Sugar business.