Komori
Ensuiko Sugar Refining (2112) · RiskReframed

Review of Sugar Industry Policy and the Sugar Regime in Response to the TPP, FTAs and Other Agreements

First written in FY2018. 2 of 4 entries say "Reframed", first in FY2021. Latest entry: FY2023.

4entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018 – FY2019ReframedFY2021 – FY20232018: 120182019: 120192020: 020202021: 120212022: 020222023: 12023
Same theme, other companies
Import competition risk in the sugar business arising from changes in agricultural and trade policiesA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

Ensuiko Sugar Refining moved to the "Worse" side of this theme in 2021.

0 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023ReframedAnnual report

    「The Group’s business activities, operating results and financial position may be affected by a review of the national agricultural policy, sugar industry policy and sugar制度, or by progress in economic partnership agreements, including TPP11 (the Comprehensive and Progressive Agreement for Trans-Pacific Partnership).」

    The description has been revised from the previous reference to the TPP, FTAs and other agreements to focus on progress in economic partnership agreements, including TPP11, and the review of the sugar制度.
  2. FY2021ReframedAnnual report

    「The Group’s business activities, operating results and financial position may be affected by a review of the national agricultural policy, sugar industry policy and sugar制度, or by progress in economic partnership agreements, including the TPP (Trans-Pacific Partnership Agreement).」

    The description has been revised from the previous reference to the TPP, FTAs and other agreements to focus on progress in economic partnership agreements and the review of sugar industry policy and the sugar制度.
  3. FY2019RestatedAnnual report

    「Depending on future developments concerning the TPP (Trans-Pacific Strategic Economic Partnership Agreement), bilateral FTAs (free trade agreements) and other agreements, Japan’s agricultural policy, sugar industry policy and sugar制度 may undergo fundamental review.」

    The possibility of a review of agricultural policy, sugar industry policy and the sugar制度 due to developments concerning the TPP, FTAs and other agreements continues to be identified as a risk.
  4. FY2018First statedAnnual report

    「Depending on future developments concerning the TPP (Trans-Pacific Strategic Economic Partnership Agreement), bilateral FTAs (free trade agreements) and other agreements, Japan’s agricultural policy, sugar industry policy and sugar制度 may undergo fundamental review.」

    The possibility of changes to agricultural policy, sugar industry policy and the sugar制度 resulting from developments in trade agreements is identified as a risk.
Moved together

"Exposure to Overseas Raw and Brown Sugar Market Conditions and Weather Variability in Major Producing Countries" moved the same way as this thread, in the same document, in 2 of its 4 moves.

2222★1234
  1. ★This thread
  2. 1Exposure to Overseas Raw and Brown Sugar Market Conditions and Weather Variability in Major Producing Countries2×
  3. 2Increase in operating profit, ordinary profit, and net income attributable to owners of the parent2×
  4. 3Risk of fluctuations in international raw sugar prices, foreign exchange rates and the pass-through of costs to selling prices2×
  5. 4Change in Representative Director and President2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ensuiko Sugar Refining's next results are scheduled for 2026-11-06. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.