Risk of revenue decline due to adverse weather, such as a cool summer
First written in FY2016. 12 of 20 entries say "Restated". Latest entry: 2026-08-07.
Morinaga Milk Industry moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).
The whole theme swung hardest in 2019: 9 of 13 companies on the "Worse" side.
10 other companies' latest entry also says "Materialised".
- 2026-08-07MaterialisedEarnings presentation
「Ice cream posted lower revenue due to the above factors, as well as the negative impact of June temperatures and the number of seasonal limited-edition products compared with the previous year.」
Identified June temperatures as one factor behind lower ice cream revenue, showing the impact of weather on sales. - FY2022RestatedAnnual report
「In particular, a cool summer could reduce sales of ice cream, beverages and other products, affecting the Group's business performance and financial position.」
The company continues to address the potential impact of a cool summer on sales of ice cream, beverages and other products through production adjustments. - FY2021MaterialisedAnnual report
「As a result, in the Group's B2C business, sales of yogurt, ice cream, cheese and other products increased due to stronger household demand. Although attention to health-oriented functional ingredients increased and overseas sales grew, overall sales declined due to a substantial decrease in commercial dairy products in the B2B business and the impact of unseasonable summer weather, among other factors.」
Unseasonable summer weather has also materialized as a factor behind the decline in consolidated net sales in the full-year results, together with the decline in commercial dairy products and other factors. - FY2021-Q3MaterialisedAnnual report
「As a result, in the Group's B2C business, sales of yogurt, ice cream, cheese and other products increased due to stronger household demand. Although attention to health-oriented functional ingredients increased and overseas sales grew, overall sales declined due to a substantial decrease in commercial dairy products in the B2B business and the impact of unseasonable summer weather, among other factors.」
Unseasonable summer weather is explicitly identified, together with the decline in commercial dairy products and other factors, as a factor behind the overall decline in sales. - FY2021-Q2MaterialisedAnnual report
「Although attention to health-oriented functional ingredients increased and overseas sales grew, overall sales declined due to a substantial decrease in commercial dairy products in the B2B business and the impact of unseasonable summer weather, among other factors.」
Unseasonable summer weather is explicitly identified, together with the decline in commercial dairy products and other factors, as a factor behind the overall decline in sales during the first six months of the fiscal year. - FY2020MaterialisedAnnual report
「In addition to the impact of a cool summer on beverages, ice cream and other products」
The company states that the impact of a cool summer actually emerged in sales of beverages, ice cream and other products. - FY2020-Q3MaterialisedAnnual report
「As a result, the Group's consolidated net sales were ¥459,614 million, up 0.7% year on year. Sales of milk products, milk beverages, pudding and other products, as well as ice cream and other products affected by unseasonable summer weather, were below the previous year's level, while sales of yogurt and some consolidated subsidiaries increased.」
Unseasonable summer weather continues to emerge as a factor causing sales of ice cream and other products to fall below the previous year's level. - FY2020-Q2MaterialisedAnnual report
「As a result, the Group's consolidated net sales were ¥312,798 million, up 0.4% year on year. Sales of milk products, pudding and other products, as well as ice cream and other products affected by unseasonable summer weather, were below the previous year's level, while sales of yogurt, cheese and other products increased.」
The company explicitly identifies unseasonable summer weather as a factor behind the year-on-year decline in sales of ice cream and other products, indicating that weather risk has materialized in sales. - FY2019-Q3RestatedAnnual report
「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company states that there have been no significant changes or new developments regarding the risk of lower sales due to unseasonable weather, including a cool summer. - FY2019-Q2RestatedAnnual report
「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company states that there have been no significant changes or new developments regarding the risk of lower sales due to unseasonable weather, including a cool summer. - FY2019-Q1RestatedAnnual report
「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company states that there have been no significant changes or new developments regarding the risk of lower sales due to unseasonable weather, including a cool summer. - FY2018RestatedAnnual report
「In particular, a cool summer could reduce sales in these divisions and affect the Group's business performance and financial position.」
The company continues to describe the weather dependence of the ice cream and fluid milk divisions. - FY2018-Q3RestatedAnnual report
「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company states that there have been no significant changes or new developments regarding the risk of lower sales due to unseasonable weather, including a cool summer. - FY2018-Q2RestatedAnnual report
「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company states that there have been no significant changes or new developments regarding the risk of lower sales due to unseasonable weather, including a cool summer. - FY2018-Q1RestatedAnnual report
「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company states that there have been no significant changes or new developments regarding the risk of lower sales due to unseasonable weather, including a cool summer. - FY2017RestatedAnnual report
「In particular, a cool summer could reduce sales in these divisions and affect the Group's business performance and financial position.」
The company continues to describe the weather dependence of the ice cream and fluid milk divisions. - FY2017-Q3RestatedAnnual report
「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company states that there have been no significant changes or new developments regarding the risk of lower sales due to unseasonable weather, including a cool summer. - FY2017-Q2RestatedAnnual report
「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company treats the risk of lower sales due to unseasonable weather, including a cool summer, as having undergone no significant change. - FY2017-Q1RestatedAnnual report
「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」
The company treats the risk of lower sales due to unseasonable weather as having undergone no significant change. - FY2016First statedAnnual report
「In particular, a cool summer could reduce sales in these divisions and affect the Group's business performance and financial position.」
The company describes the weather dependence of the ice cream and fluid milk divisions.