Deterioration in the sugar sales environment due to the consumption tax increase and food waste measures
First written in FY2020-Q3. 3 of 10 entries say "Reframed", first in FY2020. Latest entry: FY2025-H1.
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- FY2025-H1Weak household demand and increased business-use demand amid demand recoveryAnnual report
「In domestic sales of refined sugar and other sugar products, household-use products remained sluggish, but commercial-use products performed well as inbound tourism and tourism-related demand recovered. Sales to beverage users and others also performed well, aided by the extremely hot summer, and both sales volume and revenue exceeded those of the same interim consolidated accounting period of the previous year.」
Although household product sales remained sluggish, the recovery in inbound tourism and tourism demand, together with demand for commercial products and beverages resulting from the extremely hot weather, led to increases in sales volume and net sales. - FY2024-Q2Revenue growth through appropriate pricing despite sluggish sales volumesAnnual report
「Although sales volumes of both household and commercial products remained sluggish as inbound tourism and tourism demand stayed below pre-pandemic levels, net sales exceeded the same quarter of the previous year as the company worked to sell at appropriate prices reflecting market conditions.」
Although foot traffic showed signs of recovery, inbound tourism and tourism demand had not returned to pre-pandemic levels, and sales volumes of household and commercial products remained sluggish. Net sales exceeded the previous year due to sales at appropriate prices. - FY2024-Q1Household and commercial sales remained sluggish despite the recovery in foot trafficAnnual report
「Inbound tourism and tourism demand remained below pre-pandemic levels, and sales of both household and commercial products remained sluggish.」
Although foot traffic showed signs of recovery, inbound tourism and tourism demand had not returned to pre-pandemic levels, leaving both household and commercial sales sluggish. - FY2023-Q3Foodservice recovery, weak household salesAnnual report
「Among domestic sales of refined sugar and other sugars, household products remained weak due to fewer special sales at mass retailers and other factors. Foodservice products recovered as the flow of people returned to normal, lifting sales to the restaurant and souvenir sectors, while sales to beverage customers also remained strong. As a result, revenue exceeded the year-earlier quarter.」
Sales of products for commercial use to restaurants and the souvenir market recovered as foot traffic returned, while household products remained sluggish due to fewer promotional sales and other factors. - FY2022-Q2Foodservice sales had not recovered and household sales were weak, but revenue increasedAnnual report
「Domestic sales of refined sugar and other sugars were affected by weak souvenir demand due to continued requests to refrain from going out during the COVID-19 pandemic, while household products remained weak as stay-at-home demand subsided. Although foodservice products did not recover as much as expected, efforts to develop new demand resulted in revenue exceeding the previous year's level.」
Although restrictions on going out due to COVID-19, weak demand for souvenirs and the easing of stay-at-home demand continued, net sales exceeded the previous year as new demand was developed for commercial sales. - FY2021-Q3A renewed slowdown after a temporary recoveryAnnual report
「Sales of products for commercial use remained sluggish for the restaurant industry, souvenir products and other markets as infections resurged. Although there were initially signs of a recovery in demand driven by the "Go To Campaign," net sales fell below the same quarter of the previous year.」
Sales to the restaurant and souvenir markets remained sluggish as infections resurged, and sales fell below the previous year even after temporary signs of recovery from the Go To Campaign. - FY2021-Q2ReframedAnnual report
「Domestic sales of refined sugar and other sugars were weak in the household channel as the so-called stay-at-home demand that had emerged from July onward subsided. Foodservice products were also weak, particularly those sold to the restaurant and souvenir sectors, amid lifestyle changes involving reduced outings and a decline in inbound tourists due to travel restrictions. Revenue fell below the year-earlier quarter.」
The description changed from the previous deterioration in the sales environment due to the consumption tax increase and food-loss reduction measures to one centered on changes in lifestyles, travel restrictions, and sluggish sales to the food-service and souvenir-product markets amid the novel coronavirus pandemic. - FY2021-Q1ReframedAnnual report
「Domestic sales of refined sugar and other sugars exceeded the year-earlier quarter in the household channel, supported by stronger so-called stay-at-home demand. In contrast, sales of foodservice products to the restaurant and souvenir sectors remained weak, causing revenue to fall below the year-earlier quarter.」
The description changed from the previous deterioration in the sales environment due to the consumption tax increase and food-loss reduction measures to the situation in which business-use sales to the food-service and souvenir-product markets became sluggish amid the novel coronavirus pandemic. - FY2020ReframedAnnual report
「Last autumn, consumers’ willingness to purchase declined due to the consumption tax increase. Since the beginning of this year, sales to the food-service industry and for souvenir products have remained sluggish, particularly because of the significant impact of the spread of the novel coronavirus.」
The description expanded from the previous deterioration in the sales environment due to the consumption tax increase and food-loss reduction measures to include risks such as sluggish sales to the food-service and souvenir-product markets due to the spread of the novel coronavirus. - FY2020-Q3First statedAnnual report
「Domestic sales of refined sugar and other sugars faced a difficult sales environment as consumers' willingness to purchase declined following the consumption tax increase, while companies' efforts to address food waste, an issue that had attracted growing attention in recent years, also had an impact. Revenue fell below the previous year.」
It states that the consumption tax increase, which reduced consumers’ willingness to purchase, and companies’ food-loss reduction measures made the sales environment for refined sugar and other sugars more challenging, resulting in sales falling below the previous year’s level.