Prospective contraction of Japan's domestic food market due to population decline and ageing
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 6 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company expects the domestic market that has served as the foundation of the food industry to contract due to population decline, ageing and other factors.」
The company continues to cite the expected contraction of Japan's domestic food market due to population decline and ageing as a factor underlying business restructuring and efficiency improvements. - FY2022-Q2RestatedAnnual report
「As the domestic market on which the food industry has traditionally been based is expected to contract due to population decline and aging, the Company changed its organizational structure effective 1 April 2021 by consolidating the Fisheries and Functional Foods Division and the Livestock Foods Division into the Functional and Foods Division. The change was intended to reduce costs through more efficient administrative and planning and development functions, make more effective use of human resources and assets, and accelerate decision-making. It also reflected the Company's judgment that consolidating the segments would better reflect the actual management structure.」
The company continues to cite the expected contraction of Japan's domestic food market due to population decline and ageing as a factor underlying the organisational integration. - FY2022-Q1First statedAnnual report
「The company expects the domestic market that has served as the foundation of the food industry to contract due to population decline, ageing and other factors.」
The company has, for the first time, identified the expected contraction of the domestic market underpinning the food industry due to population decline and ageing as an external risk underlying the organisational integration.