Dependence on Overseas Markets for Raw Materials and Absence of Long-Term Procurement Contracts
First written in FY2016. 17 of 28 entries say "Restated". Latest entry: 2026-08-12.
Fukutome Meat Packers moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 45 of 64 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- 2026-08-12MaterialisedEarnings
「Although imported meat and domestic pork market prices remained high and volatile, sales exceeded those of the same quarter of the previous year as a result of self-help efforts such as strengthening procurement and sales. However, although we continued efforts to appropriately pass higher meat procurement costs on to delivery prices, we were unable to fully absorb the cost increases, and profit was below that of the same quarter of the previous year.」
Imported meat and domestic pork prices remained high and volatile, and the inability to fully pass higher procurement costs on to delivery prices was reflected in lower profit in the meat business. - FY2026MaterialisedAnnual report
「In the meat business, sales fell substantially below the same period of the previous year as consumers increasingly favored low prices amid higher prices, imported meat and domestic pork remained expensive and volatile, and procurement of domestic beef products was difficult.」
High and volatile prices for imported meat and domestic pork, together with difficulty procuring domestic beef, materialized as a substantial decline in meat-business revenue. - 2026-05-14MaterialisedEarnings
「Sales fell significantly below the same period of the previous year because imported meat and domestic pork market prices remained high and volatile, and because it was difficult to procure domestic beef products.」
High prices for imported meat and domestic pork, together with difficulties procuring domestic beef, were reflected in lower sales in the meat business. - FY2026-H1MaterialisedAnnual report
「In the meat business, sales fell below the same period of the previous year as consumers increasingly favored low prices and frugality, imported meat remained expensive, the domestic pork market was unstable, and domestic beef production declined, making product procurement unstable.」
High prices for imported meat, instability in the domestic pork market, and lower domestic beef production and unstable procurement materialized as lower revenue in the meat business. - FY2025MaterialisedAnnual report
「The company was unable to fully pass through to delivery prices the increases in procurement costs for domestic products and logistics costs, in addition to higher procurement costs for imported products caused by yen depreciation, resulting in a decline from the same period of the previous year.」
In addition to yen depreciation and higher import costs associated with overseas dependence, increases in procurement costs for domestic products and logistics costs materialized as insufficient price pass-through and lower profit in the meat business. - FY2025-H1MaterialisedAnnual report
「Imported beef and imported pork continued to trade at high prices, while domestic pork also struggled as higher market prices led to lower sales volumes.」
High prices for imported meat continued, while higher procurement costs for imported products and the impact of exchange rates prevented sufficient pass-through to selling prices, causing profit in the meat business to fall below the same period of the previous year. - FY2024-Q2MaterialisedAnnual report
「For imported beef, higher procurement costs due to yen depreciation reduced promotional opportunities, while volumes handled also declined, partly due to the extremely hot weather this summer. As a result, total beef sales decreased.」
For imported beef, which depends on overseas markets, higher procurement costs caused by yen depreciation have materialized as fewer promotional opportunities and lower volumes handled. - FY2023-Q3MaterialisedAnnual report
「In the meat business, despite a decline in domestic demand caused by sustained increases in procurement prices for imported meat, sales of domestic beef benefited from higher selling prices and stronger sales to the foodservice industry than in the previous year. Selling prices for domestic pork also increased as the company reviewed the products it handled and strengthened sales of branded pork. As a result, both revenue and profit exceeded the same period of the previous year.」
Sustained increases in procurement prices for imported meat materialized as weaker domestic demand, turning the price risk associated with dependence on overseas markets into an actual business impact. - FY2023-Q2MaterialisedAnnual report
「For pork, sales of domestic pork increased as the company reviewed the products it handled and strengthened sales of branded pork. Meanwhile, sales of imported pork continued to decline due to higher local prices overseas, exchange-rate fluctuations, and other factors, resulting in total pork sales falling below the same period of the previous year.」
Higher local prices overseas and exchange-rate fluctuations have materialized as lower sales of imported pork. - FY2023-Q1MaterialisedAnnual report
「For pork, sales of domestic pork increased due to substitution demand arising from limited availability of imported pork. However, sales of imported pork declined because of higher local prices overseas and supply shortages caused by unfavorable weather, resulting in total pork sales falling below the same period of the previous year.」
Higher local prices overseas and supply shortages caused by unfavorable weather materialized as lower sales of imported pork, demonstrating the price and supply risks associated with dependence on overseas markets. - 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.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - 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.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - 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.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - 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.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - 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.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2020-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - 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.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2019-Q2RestatedAnnual report
「During the second-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2019-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 2. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2018RestatedAnnual report
「The Group depends on overseas markets for most of the raw materials used in its principal products and has not entered into long-term procurement contracts with suppliers covering purchase volumes, prices, or other terms.」
Dependence on overseas markets for raw materials and the absence of long-term procurement contracts continue to be disclosed as risks. - FY2018-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, 4. Business and Other Risks” of the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2018-Q2RestatedAnnual report
「During the second-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2018-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2017RestatedAnnual report
「The Group depends on overseas markets for most of the raw materials used in its principal products and has not entered into long-term procurement contracts with suppliers covering purchase volumes, prices, or other terms.」
Dependence on overseas markets for raw materials and the absence of long-term procurement contracts continue to be disclosed as risks. - FY2017-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, 4. Business and Other Risks” of the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2017-Q2RestatedAnnual report
「During the second-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2017-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」
The company explicitly states that there have been no material changes to existing risks, including dependence on overseas markets for raw materials and the absence of long-term procurement contracts. - FY2016First statedAnnual report
「The Group depends on overseas markets for most of the raw materials used in its principal products and has not entered into long-term procurement contracts with suppliers covering purchase volumes, prices, or other terms.」
Dependence on overseas markets and the absence of long-term procurement contracts are disclosed as risks relating to procurement terms and supply.