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Fukutome Meat Packers (2291) · RiskMitigated

Decline in Sales in the Processed Foods Business Due to the Kumamoto Earthquake

First written in FY2017-Q1. 8 of 13 entries say "Restated". Latest entry: FY2024.

13entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q1 – FY2017RestatedFY2020-Q1 – FY2024-Q22016: 120162017: 120172018: 120182019: 420192020: 220202021: 120212022: 120222023: 120232024: 12024
Same theme, other companies
Impact of the Kumamoto Earthquake on Business PerformanceA theme 12 companies write about · 12 as a headwind · 0 as a tailwind

Fukutome Meat Packers moved to the "Worse" side of this theme in 2018.

0 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2024MitigatedAnnual report

    「To diversify the risks associated with the Hiroshima and Kumamoto plants, which were damaged by the Hiroshima heavy rains and the Kumamoto Earthquake, respectively, the company newly established and began operating the Okayama Subaru Plant in Okayama Prefecture in May 2019.」

    As a measure against production-site risks from natural disasters, it newly established and began operating the Okayama Subaru Plant, thereby diversifying its production sites.
  2. FY2024-Q2RestatedAnnual report

    「During the second-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 3. Business and Other Risks” of the annual securities report for the previous fiscal year.」

    It explicitly states that there have been no material changes in the existing risks, including those related to natural disasters.
  3. FY2022-Q3RestatedAnnual report

    「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」

    It explicitly states that there have been no material changes in the existing risks, including those related to natural disasters.
  4. FY2021-Q3RestatedAnnual report

    「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」

    It explicitly states that there have been no material changes in the existing risks, including those related to natural disasters.
  5. FY2021-Q2RestatedAnnual report

    「During the second-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」

    It explicitly states that there have been no material changes in the existing risks, including those related to natural disasters.
  6. FY2020-Q3RestatedAnnual report

    「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」

    It explicitly states that there have been no material changes in the existing risks, including those related to natural disasters.
  7. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It explicitly states that there have been no material changes in the existing risks, including those related to natural disasters.
  8. FY2020-Q1RestatedAnnual report

    「During the first-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」

    It explicitly states that there have been no material changes in the existing risks, including those related to natural disasters.
  9. FY2019MaterialisedAnnual report

    「Revenue declined due to intensifying price competition with competitors, logistics impacts from natural disasters such as the Western Japan heavy rains and typhoons, and weaker consumption.」

    Natural disasters such as the Western Japan heavy rains and typhoons materialized as factors behind the full-year decline in revenue through logistics impacts and weaker consumption.
  10. FY2019-Q3RestatedAnnual report

    「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous fiscal year.」

    It explicitly states that there have been no material changes in the existing risks related to natural disasters.
  11. FY2019-Q2MaterialisedAnnual report

    「In addition, the meat business as a whole saw declines in both revenue and sales volume due to logistics impacts from damage caused by the Western Japan heavy rains, typhoons and other events, as well as weaker consumption.」

    The impact of natural disasters shifted from the Kumamoto Earthquake to the Western Japan heavy rains, typhoons and other events, and materialized as declines in meat-business revenue and sales volume through logistics disruptions and weaker consumption.
  12. FY2017DroppedAnnual report

    「The company sought to expand sales through commercials for the “Hana Sausage” series, a tie-up with the Hiroshima Toyo Carp, and a premium financial-results sale, but revenue declined due to intensifying competition among companies and other factors.」

    The annual factors behind the decline in processed food revenue no longer mention the Kumamoto Earthquake and instead cite competition among companies and other factors.
  13. FY2017-Q1First statedAnnual report

    「In the processed food business, products featuring the packages of “Hana Sausage,” “Pork Bologna Steak” and “Kumamon” performed steadily despite an overall slump in consumption, but revenue declined due to intensifying competition and the effects of the Kumamoto Earthquake, among other factors.」

    The effects of the Kumamoto Earthquake are explicitly cited as one of the factors behind the decline in processed food revenue.
Moved together

"Strategic shareholdings to strengthen and maintain business relationships and stabilize the shareholder base" moved the same way as this thread, in the same document, in 2 of its 13 moves.

222222★123456
  1. ★This thread
  2. 1Strategic shareholdings to strengthen and maintain business relationships and stabilize the shareholder base2×
  3. 2Strengthening the Operating Structure and Stabilizing Management through Cost Reductions and More Effective Use of Assets2×
  4. 3Improvement in operating income and ordinary income driven by cost reductions2×
  5. 4Building the Processed Foods Business Brand and Achieving Stable Profitability2×
  6. 5Market Price Fluctuation Risk on Cross-Held Shares and Other Investments2×
  7. 6Liquidity Risk Associated with Borrowings for Working Capital and Capital Investment2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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No upcoming earnings preview for Fukutome Meat Packers yet.
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Decline in Sales in the Processed Foods Business Due to the Kumamoto Earthquake | FUKUTOME MEAT PACKERS,LTD. (2291) | Komori