Steady Growth with the Meat Business as a Core Earnings Pillar
First written in FY2017. 17 of 28 entries say "Worsened", first in FY2019. Latest entry: 2026-08-12.
Fukutome Meat Packers moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- 2026-08-12WorsenedEarnings
「As a result, sales were ¥3,463 million, up 3.6% year on year, while the segment loss (operating loss) was ¥75 million (a segment loss (operating loss) of ¥45 million in the same quarter of the previous year).」
The meat business recorded higher sales, while the segment loss widened from ¥45 million to ¥75 million. - FY2026WorsenedAnnual report
「As a result, revenue was ¥13,430 million (¥14,418 million in the same period of the previous year), and the segment loss (operating loss) was ¥160 million (a segment loss (operating loss) of ¥155 million in the same period of the previous year).」
The Meat Business reported lower revenue, while the segment loss widened from ¥155 million to ¥160 million. The setback in performance against the policy of making the Meat Business a core earnings driver continued. - FY2026-H1WorsenedAnnual report
「As a result, revenue was ¥6,609 million (down 9.4% from the previous interim consolidated accounting period), and the segment loss (operating loss) was ¥105 million (a segment loss (operating loss) of ¥65 million in the previous interim consolidated accounting period).」
The Meat Business reported lower revenue, and the segment loss widened from ¥65 million to ¥105 million. The deterioration in performance against the policy of making the Meat Business a core earnings driver continued. - FY2025WorsenedAnnual report
「Revenue was ¥14,418 million (¥14,385 million in the same period of the previous year), and the segment loss (operating loss) was ¥155 million (a segment loss (operating loss) of ¥118 million in the same period of the previous year).」
The Meat Business reported higher revenue, while the segment loss widened from ¥118 million to ¥155 million, indicating that the setback in performance against the policy of making it a core earnings driver continued. - FY2025-H1WorsenedAnnual report
「As a result, revenue was ¥7,297 million (up 2.9% from the previous interim consolidated accounting period), and the segment loss (operating loss) was ¥65 million (a segment loss (operating loss) of ¥16 million in the previous interim consolidated accounting period).」
The Meat Business reported higher revenue, while the segment loss widened from ¥16 million to ¥65 million. The company states that it was unable to pass on sufficient cost increases due to higher procurement costs for imported products and the impact of foreign exchange rates. - FY2024WorsenedAnnual report
「As a result, revenue was ¥14,385 million (¥14,120 million in the same period of the previous year), and the segment loss (operating loss) was ¥118 million (a segment loss (operating loss) of ¥15 million in the same period of the previous year).」
The Meat Business reported higher revenue, but segment results deteriorated from a ¥15 million loss to a ¥118 million loss, indicating a setback in performance against the policy of making it a core earnings driver. - FY2024-Q3WorsenedAnnual report
「In beef, consumer sentiment remained stagnant due to high prices. Sales of high-priced domestic Wagyu beef remained sluggish, although sales of crossbred beef and rare offal cuts remained firm. Sales of frozen Australian beef to business customers also remained firm. Profit from domestic beef increased despite lower Wagyu sales, owing to expanded sales of crossbred beef and increased procurement and stronger sales of profitable rare offal cuts. In pork, the company worked to increase handling volumes by strengthening sales of domestic branded pork, while strengthening sales and expanding channels for frozen products supplied to food-service and other business customers in the imported pork market, resulting in higher overall pork sales. Profit was below that of the previous year, however, as the high price of domestic pork made it difficult to pass higher procurement costs on to customers. As a result, revenue was ¥11,069 million (¥10,872 million in the same quarter of the previous year), and the segment loss (operating loss) was ¥26 million (a segment profit (operating profit) of ¥20 million in the same quarter of the previous year).」
The company strengthened sales and distribution channels for crossbred beef, rare offal cuts, domestic branded pork and frozen products for the food-service and ready-to-eat markets, but the Meat Business moved from a segment profit of ¥20 million to a loss of ¥26 million despite higher revenue. - FY2024-Q2AdvancedAnnual report
「As a result, revenue was ¥7,093 million (up 3.2% year on year), and the segment loss (operating loss) was ¥16 million (a segment loss (operating loss) of ¥26 million in the same quarter of the previous year).」
The Meat Business reported higher revenue, while the segment loss narrowed from ¥26 million in the same quarter of the previous year to ¥16 million. - FY2024-Q1AdvancedAnnual report
「As a result, revenue was ¥3,524 million (up 4.6% year on year), and the segment profit (operating profit) was ¥8 million (a segment loss (operating loss) of ¥16 million in the same quarter of the previous year).」
Revenue in the Meat Business increased 4.6% year on year, and segment results moved from a ¥16 million loss to an ¥8 million profit. This indicates concrete improvement toward the policy of making the business a core earnings driver. - FY2023-Q3AdvancedAnnual report
「As a result, revenue was ¥10,872 million (¥10,681 million in the same quarter of the previous year), and the segment profit (operating profit) was ¥20 million (a segment loss (operating loss) of ¥22 million in the same quarter of the previous year).」
The Meat Business reported higher revenue, and segment results moved from a ¥22 million loss in the previous period to a ¥20 million profit. This indicates concrete improvement toward the policy of making the Meat Business a core earnings driver. - FY2023-Q2RestatedAnnual report
「As a result, revenue was ¥6,877 million (up 0.4% year on year), and the segment loss (operating loss) was ¥26 million (a segment loss (operating loss) of ¥26 million in the same quarter of the previous year).」
The Meat Business reported higher revenue, but the segment loss remained at ¥26 million, unchanged from the same quarter of the previous year, and losses continued. - FY2023-Q1AdvancedAnnual report
「Profit exceeded that in the same period of the previous year due to efforts to prioritize profitable sales and reduce costs. As a result, net sales were ¥3,368 million, down 0.3% from the same quarter of the previous year, and the segment loss (operating loss) was ¥16 million, compared with a segment loss (operating loss) of ¥27 million in the same quarter of the previous year.」
Although the Meat Business reported lower revenue, the segment loss narrowed from ¥27 million in the same quarter of the previous year to ¥16 million through profit-focused sales and cost-reduction efforts. - FY2022AdvancedAnnual report
「Although delays in the arrival of overseas containers occurred due to the effects of heavy rain and a new variant, profit exceeded that of the same period of the previous year as the company focused on profitable sales, reviewed procurement, reduced excess inventory through appropriate inventory management, and pursued cost reductions, including logistics costs. As a result, revenue was ¥13,688 million (¥13,839 million in the same period of the previous year), and the segment loss (operating loss) was ¥127 million (a segment loss (operating loss) of ¥208 million in the same period of the previous year).」
The Meat Business reported lower revenue, but the segment loss narrowed from ¥208 million to ¥127 million through profit-focused sales, a review of procurement, appropriate inventory management and reductions in logistics costs. - FY2022-Q3AdvancedAnnual report
「Profit exceeded that in the same quarter of the previous year as a result of efforts to prioritize profitable sales, review procurement, reduce excess inventory through proper inventory management, and further reduce logistics and other costs.」
In the Meat Business, the segment loss narrowed from ¥144 million in the same quarter of the previous year to ¥22 million through stronger proposals for branded products, profit-focused sales, a review of procurement, appropriate inventory management and reductions in logistics and other costs. - FY2022-Q2AdvancedAnnual report
「In the Meat Business, while demand from the food-service industry remained extremely challenging due to the spread of COVID-19 and the Delta variant, the company strengthened proposals for branded products, primarily the domestic pork brands Yame Mochi Pork and Barley-Finished Sangen Pork imported from overseas. Revenue from domestic beef increased as shipment volumes declined and prices remained high. Revenue from domestic pork decreased, however, as the increase in demand for at-home consumption eased compared with the same quarter of the previous year and shipment volumes declined due to poor growth during the summer. Imported beef and pork remained firm, with North American beef and other products contributing to higher sales, resulting in increased revenue for the Meat Business as a whole. Although delays in the arrival of overseas containers occurred, partly due to labour shortages, profit exceeded that of the same quarter of the previous year as the company focused on profitable sales, reviewed procurement, reduced excess inventory through appropriate inventory management, and pursued cost reductions, including logistics costs.」
The company strengthened proposals for branded products, primarily Yame Mochi Pork and Barley-Finished Sangen Pork, increasing revenue for the Meat Business as a whole and narrowing the segment loss from ¥124 million in the same quarter of the previous year to ¥26 million. - FY2022-Q1AdvancedAnnual report
「As a result, revenue was ¥3,378 million (¥3,342 million in the same quarter of the previous year), and the segment loss (operating loss) was ¥27 million (a segment loss (operating loss) of ¥54 million in the same quarter of the previous year).」
The Meat Business reported higher revenue, while the segment loss narrowed from ¥54 million in the same quarter of the previous year to ¥27 million. The company is pursuing brand proposals, a review of procurement, appropriate inventory management and cost reductions. - FY2021-Q3WorsenedAnnual report
「As a result, revenue was ¥10.680 billion, down 4.2% year on year, and the segment loss (operating loss) was ¥144 million, compared with a segment loss (operating loss) of ¥115 million in the same quarter of the previous year.」
The Meat Business reported lower revenue, while the segment loss widened from ¥115 million in the same quarter of the previous year to ¥144 million. - FY2021-Q2WorsenedAnnual report
「As a result, revenue was ¥7.162 billion, up 0.7% year on year, and the segment loss (operating loss) was ¥104 million, compared with a segment loss (operating loss) of ¥27 million in the same quarter of the previous year.」
The meat business reported higher revenue, but the segment loss widened from ¥27 million in the same quarter of the previous year to ¥104 million. - FY2021-Q1WorsenedAnnual report
「As a result, revenue was ¥3.342 billion, down 5.7% year on year, and the segment loss (operating loss) was ¥54 million, compared with a segment loss (operating loss) of ¥39 million in the same quarter of the previous year.」
The meat business reported lower revenue, and the segment loss widened from ¥39 million in the same period of the previous year to ¥54 million. - FY2020-Q3WorsenedAnnual report
「As a result, revenue was ¥11.149 billion, down 0.4% year on year, and the segment loss (operating loss) was ¥115 million, compared with a segment loss (operating loss) of ¥10 million in the same quarter of the previous year.」
The meat business reported lower revenue, and the segment loss widened from ¥10 million in the same quarter of the previous year to ¥115 million. - FY2020-Q2WorsenedAnnual report
「As a result, revenue was ¥7.162 billion, up 0.7% year on year, and the segment loss (operating loss) was ¥104 million, compared with a segment loss (operating loss) of ¥27 million in the same quarter of the previous year.」
The meat business reported higher revenue, but the segment loss widened from ¥27 million to ¥104 million. - FY2020-Q1WorsenedAnnual report
「As a result, revenue was ¥3.544 billion, up 1.9% year on year, and the segment loss (operating loss) was ¥39 million, compared with segment profit (operating profit) of ¥14 million in the same quarter of the previous year.」
The meat business reported higher revenue, but segment profit of ¥14 million turned into a loss of ¥39 million. - FY2019WorsenedAnnual report
「As a result, revenue was ¥14.463 billion, down 0.6% from the previous fiscal year, and the segment loss (operating loss) was ¥75 million, compared with segment profit of ¥139 million in the previous fiscal year.」
The meat business reported lower revenue, turning segment profit of ¥139 million into a loss of ¥75 million. - FY2018RestatedAnnual report
「Ⅱ. Pursue steady growth in the meat business and make it a core earnings driver. ① Establish brands developed jointly with production areas. ② Review and improve the efficiency of the overall meat business structure, including affiliated companies. ③ Expand sales volume by developing new procurement and sales channels.」
The policy of making the meat business a core earnings driver, together with measures for brand development, structural review, and the development of procurement and sales channels, remains in place. - FY2017First statedAnnual report
「We will pursue steady growth in the meat business and make it a core earnings driver. ① Establish brands developed jointly with production areas. ② Review and improve the efficiency of the overall meat business structure, including affiliated companies. ③ Expand sales volume by developing new procurement and sales channels.」
The company has outlined a strategy to make the meat business a core earnings driver through brand development with production areas, a review of the structure including affiliated companies, and the development of new procurement and sales channels.