Gradual Decline in Sugar Demand Driven by Sweetener Imports, Population Decline, and Changes in Lifestyles
First written in FY2018. 6 of 10 entries say "Restated". Latest entry: FY2026.
Ensuiko Sugar Refining moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Sugar consumption has been declining year after year due to the rise of high-intensity sweeteners and population decline.」
The downward trend in sugar consumption resulting from the rise of high-intensity sweeteners and population decline continues to be treated as a business challenge. - FY2025-H1The decline in demand was partly offset by recovery in food-service and beverage demandAnnual 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 products remained sluggish, food-service and beverage products performed well against a backdrop of recovering inbound tourism and tourism demand and extremely hot weather, and overall sales volume and revenue exceeded the same period of the previous year. - FY2023RestatedAnnual report
「As the gradual decline in sugar demand continues due to changes in the supply-demand structure for sweeteners, including increased imports of sweetened prepared products and high-intensity sweeteners; social structural changes, including population decline accompanying the declining birthrate and aging population; and lifestyle changes,」
It continues to recognize the gradual decline in sugar demand resulting from changes in the sweetener structure, population and lifestyles. - FY2022-Q3RestatedAnnual report
「Although there was temporary stay-at-home demand for household products, the gradual decline in sugar demand continued and performance remained sluggish.」
It states that, although stay-at-home demand arose temporarily, the gradual decline in sugar demand continues. - FY2021RestatedAnnual report
「As the gradual decline in sugar demand continues, the business environment is expected to remain increasingly difficult, with production and sales competition intensifying due to economic stagnation, changes in consumer behavior and other effects of the spread of COVID-19.」
It continues to recognize the gradual decline in sugar demand resulting from changes in the sweetener structure, population and lifestyles, as well as intensifying competition due to the COVID-19 pandemic. - FY2021-Q3WorsenedAnnual report
「The underlying downward trend in sugar demand remained unchecked, and performance was generally sluggish.」
It explicitly states that the downward trend in sugar demand remains unchecked, with the decline in demand continuing. - FY2021-Q2RestatedAnnual 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.」
It continues to identify the difficult environment surrounding sugar demand, including the easing of stay-at-home demand, changes in lifestyles, fewer foreign visitors to Japan, and sluggish sales to the food-service and souvenir markets. - FY2020WorsenedAnnual report
「The business environment surrounding the Group is expected to remain increasingly difficult, as the gradual decline in sugar demand continues due to changes in the supply-demand structure for sweeteners, including increased imports of sweetened prepared products and high-intensity sweeteners; social structural changes, including population decline accompanying the declining birthrate and aging population; and lifestyle changes, including fewer opportunities to cook at home, while production and sales competition intensifies due to worsening economic conditions and changes in consumer behavior resulting from the spread of COVID-19.」
In addition to the traditional factors behind declining sugar demand, it cites deteriorating economic conditions and changes in consumer behavior due to COVID-19, as well as intensifying production and sales competition, and states that the environment will become increasingly difficult. - FY2019RestatedAnnual report
「As the gradual decline in sugar demand continues due to changes in the supply-demand structure for sweeteners, including increased imports of sweetened prepared products and high-intensity sweeteners; social structural changes, including population decline accompanying the declining birthrate and aging population; and lifestyle changes, including fewer opportunities to cook at home,」
The ongoing gradual decline in sugar demand, driven by increased imports, population decline and lifestyle changes, remains a business environment challenge. - FY2018First statedAnnual report
「The gradual decline in sugar demand is expected to continue, driven by changes in the supply-demand structure for sweeteners, including increased imports of sweetened prepared products and high-intensity sweeteners; social structural changes, including population decline accompanying the declining birthrate and aging population; and lifestyle changes, including fewer opportunities to cook at home.」
It states that the gradual decline in sugar demand continues against a backdrop of increased imports, population decline and fewer opportunities to cook at home.