Deteriorating Procurement Conditions in the Meat Business and Recognition of a Loss
First written in FY2017-Q1. 18 of 37 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-03.
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- 2026-08-03OtherEarnings
「Meat Business segment 413 358 △55」
The Meat Business segment recorded higher sales, while operating income fell below the level of the same period of the previous year. - FY2026AdvancedAnnual report
「As a result, the Meat Business Division reported revenue of ¥160.064 billion, up 11.0% year on year, and segment profit of ¥1.931 billion, up 60.4%.」
The Meat Business Division continued to report higher revenue and profit, with revenue up 11.0% and segment profit up 60.4%. - 2026-05-08AdvancedRevision of earnings forecasts
「Although profitability deteriorated in the hog farming business due to a decline in the number of hogs shipped and other factors, higher volumes resulted in higher profit.」
The Meat Business segment recorded net sales of ¥160,064 million and segment profit of ¥1,931 million, achieving higher sales and profit despite factors such as a decline in the number of hogs shipped that adversely affected profitability. - FY2026-H1AdvancedAnnual report
「As a result, the Meat Business Division reported revenue of ¥78.136 billion, up 9.8% year on year, and segment profit of ¥553 million, up 8.0% year on year.」
The Meat Business Division reported year-on-year increases of 9.8% in revenue and 8.0% in profit, continuing its trend of higher revenue and profit. - FY2025AdvancedAnnual report
「As a result, the Meat Business Division reported revenue of ¥144.182 billion, up 6.3% year on year, and segment profit of ¥1.204 billion, up 42.8%.」
After reporting higher revenue but lower profit in the previous interim period, the Division reported higher revenue and profit for the full year, with revenue up 6.3% and segment profit up 42.8%. - FY2025-H1Revenue Up, Profit DownAnnual report
「As a result, the Meat Business Division reported revenue of ¥71.184 billion, up 9.0% year on year, and segment profit of ¥512 million, down 18.1% year on year.」
The Meat Business Division reported a 9.0% increase in revenue, while segment profit declined 18.1%. - FY2024-Q3AdvancedAnnual report
「As a result, revenue in the Meat Business Division was ¥102.052 billion, up 3.7% year on year, while segment profit was ¥953 million, compared with a segment loss of ¥51 million in the same quarter of the previous year.」
The Meat Business Division reported higher revenue, swinging from a loss of ¥51 million in the same quarter of the previous year to profit of ¥953 million. - FY2024-Q2AdvancedAnnual report
「As a result, the Meat Business Division reported revenue of ¥65.332 billion, up 3.7% year on year, and segment profit of ¥626 million, compared with a segment loss of ¥195 million in the same quarter of the previous year.」
The Meat Business Division reported higher revenue, swinging from a loss of ¥195 million in the same quarter of the previous year to profit of ¥626 million. - FY2024-Q1Higher revenue and return to profitabilityAnnual report
「As a result, revenue in the Meat Business Division was ¥32.044 billion, up 3.7% year on year, while segment profit was ¥300 million, compared with a segment loss of ¥177 million in the same quarter of the previous year.」
The Meat Business Division reported higher revenue, swinging from a loss of ¥177 million in the same quarter of the previous year to profit of ¥300 million. - FY2023Lower sales and a return to lossesAnnual report
「As a result, the Food Business Division reported revenue of ¥129.556 billion, down 3.8% year on year, and a segment loss of ¥183 million, compared with segment profit of ¥1.292 billion in the same period of the previous year.」
The Meat Business Division reported lower revenue for the full year, swinging from segment profit in the previous year to a loss of ¥183 million. - FY2023-Q3Continued losses; loss narrowedAnnual report
「As a result, revenue in the Meat Business Division was ¥98.430 billion, down 4.7% year on year, while the segment posted a loss of ¥51 million, compared with segment profit of ¥1.456 billion in the same quarter of the previous year.」
The Meat Business Division continued to report lower revenue and a loss, but the loss narrowed from ¥195 million in the previous cumulative quarter. It remained in the red compared with the profit recorded in the same quarter of the previous year. - FY2023-Q2Lower revenue, with losses continuingAnnual report
「As a result, the Meat Business Division reported revenue of ¥63.018 billion, down 6.9% year on year, and a segment loss of ¥195 million, compared with segment profit of ¥979 million in the same quarter of the previous year.」
The Meat Business Division reported a 6.9% decline in revenue, swinging from profit of ¥979 million in the same quarter of the previous year to a loss of ¥195 million. - FY2023-Q1Lower sales and a return to lossesAnnual report
「As a result, revenue in the Meat Business Division was ¥30.914 billion, down 8.5% year on year, while the segment posted a loss of ¥177 million, compared with segment profit of ¥395 million in the same quarter of the previous year.」
The Meat Business Division reported an 8.5% decline in revenue, swinging from profit of ¥395 million in the same quarter of the previous year to a loss of ¥177 million. - FY2022Lower revenue, with the decline in profit widening significantlyAnnual report
「As a result, revenue was ¥133.539 billion, compared with ¥139.719 billion in the previous fiscal year. Excluding the impact of the revenue recognition standard from revenue for the fiscal year, the calculated figure represents a year-on-year decline in revenue. Segment profit was ¥221 million, down 93.9% year on year.」
The Meat Business Division reported lower revenue, and segment profit fell 93.9% year on year. The decline in profit widened from the 78.0% decline at the end of the previous cumulative quarter. - FY2022-Q3Lower revenue, with the decline in profit widening significantlyAnnual report
「As a result, revenue in the Meat Business Division was ¥102.509 billion, compared with ¥107.359 billion in the same quarter of the previous year. Excluding the impact of the revenue recognition accounting standard from revenue for the cumulative third quarter, the calculated figure represents a year-on-year decline in revenue. Segment profit was ¥672 million, down 78.0% year on year.」
The Meat Business Division reported lower revenue, and segment profit fell 78.0% year on year. - FY2022-Q2Revenue growth and a sharp profit declineAnnual report
「As a result, revenue in the Meat Business Division was ¥67.283 billion, compared with ¥67.876 billion in the same quarter of the previous year. Excluding the impact of the revenue recognition standard from revenue for the cumulative second quarter, the calculated figure represents year-on-year revenue growth. Segment profit was ¥571 million, down 70.9% year on year.」
Excluding the impact of the revenue recognition standard, revenue increased, while segment profit in the Meat Business Division fell 70.9% year on year. - FY2022-Q1Revenue growth and a sharp profit declineAnnual report
「As a result, revenue in the Meat Business Division was ¥33.676 billion, compared with ¥33.054 billion in the same quarter of the previous year, while segment profit was ¥301 million, down 68.8% year on year.」
The Meat Business Division reported higher revenue, while segment profit fell 68.8% year on year. - FY2021AdvancedAnnual report
「As a result, revenue was ¥139.719 billion, up 6.1% year on year, while segment profit was ¥3.613 billion, up 136.4%.」
The Meat Business Division reported higher revenue and profit for the full year, with revenue up 6.1% and segment profit up 136.4%. - FY2021-Q3AdvancedAnnual report
「As a result, revenue in the Meat Business Division was ¥107.359 billion, up 6.5% year on year, while segment profit was ¥3.057 billion, up 165.2%.」
The Meat Business Division reported higher revenue and profit, with revenue up 6.5% and segment profit up 165.2%. - FY2021-Q2AdvancedAnnual report
「As a result, revenue in the Meat Business Division was ¥67.876 billion, up 2.0% year on year, while segment profit was ¥1.964 billion, up 207.2%.」
The Meat Business Division reported higher revenue and profit, with segment profit rising 207.2% year on year. - FY2021-Q1Lower sales, substantially higher profitsAnnual report
「As a result, revenue in the Meat Business Division was ¥33.054 billion, down 1.6% year on year, while segment profit was ¥966 million, up 282.1%.」
The Meat Business Division reported lower revenue, while segment profit increased 282.1% year on year. - FY2020Lower sales, substantially higher profitsAnnual report
「As a result, revenue was ¥131.719 billion, down 1.6% year on year, while segment profit was ¥1.528 billion, up 102.2%.」
The Meat Business Division reported lower revenue, while segment profit increased 102.2% year on year. The results reflect a focus on profitability, supported by customer-level profitability management, restraint in aggressive selling, appropriate inventory management, and improved farm performance and processing productivity. - FY2020-Q3Shift from lower sales and higher earnings to a focus on higher earningsAnnual report
「As a result, sales in the Meat Business Division were ¥100,773 million, down 0.8% year on year, and segment profit was ¥1,152 million, up 14.8% year on year.」
The Meat Business recorded lower sales, while segment profit exceeded the same period of the previous year through rigorous earnings management and a profit-first strategy. - FY2020-Q2Continued revenue growth and profit declineAnnual report
「However, in terms of earnings, the domestic pork production business saw lower profits due to declines in shipment volume and weight, while the sales business continued to face difficulty securing earnings amid sharp market volatility, resulting in a decline from the previous period. As a result, sales in the Meat Business Division were ¥66,548 million, up 2.8% year on year, and segment profit was ¥639 million, down 25.4% year on year.」
The Meat Business maintained sales growth but recorded lower earnings because of declines in shipment volume and weight in the domestic pork production business and sharp market volatility in the sales business. - FY2020-Q1Revenue growth and a sharp profit declineAnnual report
「However, in terms of earnings, weak demand for domestic pork and chicken affected the sales and production businesses, resulting in a decline from the previous period. As a result, sales in the Meat Business Division were ¥33,587 million, up 3.6% year on year, and segment profit was ¥252 million, down 54.4% year on year.」
The Meat Business recorded 3.6% sales growth, while segment profit declined 54.4% because of weak demand for domestic pork and chicken. - FY2019Shift to Revenue Growth and Profit DeclineAnnual report
「Sales were ¥133,820 million, up 7.3% from the previous period, and segment profit was ¥755 million, down 37.4% from the previous period.」
The Meat Business Division maintained sales growth but recorded lower earnings for the full fiscal year because domestic pork and chicken prices remained weak. - FY2019-Q3Continued higher revenue and profit, with the increase in profit narrowingAnnual report
「As a result, sales in the Meat Business Division were ¥101,612 million, up 6.1% year on year, and segment profit was ¥1,003 million, up 23.0% year on year.」
The Meat Business Division continued to record higher sales and earnings, but the growth rate in segment profit narrowed from 317.8% for the cumulative second quarter to 23.0%. - FY2019-Q2AdvancedAnnual report
「As a result, sales in the Meat Business Division were ¥64,724 million, up 4.1% year on year, and segment profit was ¥857 million, up 317.8% year on year.」
The Meat Business recorded higher sales and earnings, with segment profit up 317.8% year on year to ¥857 million. The consolidation of production operations through M&A and earnings management by the sales organization were cited as factors behind the improvement in earnings. - FY2019-Q1AdvancedAnnual report
「Although intensifying international procurement competition made the procurement environment for meat extremely challenging, sales increased through active expansion of original branded products such as "Oregano Beef," "Herb Sangenton Pork" and "Rice Chicken," as well as new and existing customer development. The acquisition of a production business to expand production operations also contributed to the increase in sales. Earnings also improved from the previous period through thorough earnings management by the sales organization and the consolidation effect of the expanded production business. As a result, sales in the Meat Business Division were ¥32,430 million, up 4.1% year on year, and segment profit was ¥554 million, up 85.7% year on year.」
The Meat Business recorded higher sales and earnings through the expansion and consolidation of production operations via M&A and earnings management by the sales organization, with segment profit up 85.7% year on year. - FY2018AdvancedAnnual report
「As a result, sales were ¥124,663 million, up 5.4% from the previous period, and segment profit was ¥1,207 million, up 53.0% from the previous period.」
The Meat Business Division recorded higher sales and earnings for the full fiscal year, with segment profit up 53.0% from the previous year. - FY2018-Q3AdvancedAnnual report
「As a result, sales in the Meat Business Division were ¥95,770 million, up 7.3% year on year, and segment profit was ¥816 million, up 19.4% year on year.」
The Meat Business Division recorded higher sales and earnings for the cumulative third quarter, posting sales of ¥95,770 million and segment profit of ¥816 million. - FY2018-Q2AdvancedAnnual report
「As a result, sales in the Meat Business Division were ¥62,181 million, up 7.0% year on year, and segment profit was ¥205 million, compared with a segment loss of ¥115 million in the same period of the previous year.」
The Meat Business recorded 7.0% year-on-year sales growth and turned from a segment loss in the same period of the previous year to a ¥205 million profit. Meanwhile, conditions remained challenging for generating earnings as domestic pork prices stayed high. - FY2018-Q1AdvancedAnnual report
「Although intensifying international procurement competition made the procurement environment for meat extremely challenging, the Company worked to expand meat sales by actively expanding sales of original branded products such as "Oregano Beef," "Herb Sangenton Pork" and "Rice Chicken," while developing new and existing customers. Earnings also improved substantially from the previous period as the Company coordinated with suppliers and customers and managed inventory effectively. As a result, sales in the Meat Business Division were ¥31,150 million, up 7.5% year on year, and segment profit was ¥298 million, compared with a segment loss of ¥493 million in the same period of the previous year.」
The Meat Business recorded higher sales and turned from a ¥493 million loss in the same period of the previous year to a ¥298 million profit. Coordination with suppliers and customers and inventory control were cited as factors behind the improvement in earnings. - FY2017AdvancedAnnual report
「As a result, sales were ¥117,936 million, down 2.8% from the previous period, and segment profit was ¥874 million, compared with a segment loss of ¥2,289 million in the previous period.」
The Meat Business recorded lower sales than the previous year but turned from a ¥2,289 million loss in the previous year to a ¥874 million profit. - FY2017-Q3AdvancedAnnual report
「The inventory liquidation issue involving imported frozen beef, which had generated an inventory valuation loss last year, was resolved, substantially improving earnings, and sales volume also matched last year's level. However, declining average selling prices led to a difficult situation in which sales fell significantly below last year's level. As a result, sales in the Meat Business Division were ¥89,017 million, down 5.0% year on year, and the segment posted a profit of ¥757 million, compared with a segment loss of ¥1,667 million in the same period of the previous year.」
The issue concerning the liquidation of imported frozen beef inventory was resolved, and the Meat Business turned from a ¥1,667 million loss in the previous year to a ¥757 million profit. However, sales fell below the previous year because of declining average selling prices, while procurement conditions remained challenging. - FY2017-Q2AdvancedAnnual report
「The liquidation of imported frozen beef inventory, which had led to an inventory valuation loss last year, progressed, resulting in a substantial improvement in earnings, and sales volume also matched last year's level. However, declining average selling prices led to a difficult situation in which sales fell significantly below last year's level. As a result, sales in the Meat Business Division were ¥57,927 million, down 7.0% year on year, and the segment posted a loss of ¥65 million, compared with a segment loss of ¥481 million in the same period of the previous year.」
The liquidation of imported frozen beef inventory progressed, reducing the Meat Business segment loss from ¥481 million in the previous year to ¥65 million. However, sales fell below the previous year because of declining average selling prices. - FY2017-Q1First statedAnnual report
「Sales in the Meat Business Division were ¥28,886 million, down 6.1% year on year, and the segment posted a loss of ¥467 million, compared with a segment loss of ¥132 million in the same period of the previous year.」
The Meat Business Division was loss-making, with the loss widening from the same period of the previous year.