Supply disruptions, declining demand and market fluctuations caused by livestock diseases
First written in FY2016. 17 of 20 entries say "Restated". Latest entry: FY2024.
Fukutome Meat Packers moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「Profit from beef increased overall as sales of crossbred cattle expanded and procurement and sales of rare offal cuts were strengthened. However, profit was below the level of the same period of the previous year because swine fever in Saga Prefecture kept domestic pork prices high, making it difficult to pass higher purchase prices on to customers.」
Swine fever in Saga Prefecture was reflected in higher domestic pork prices and purchase prices, and reduced profit in the meat business through the difficulty of passing these higher costs on to customers. - 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.」
The company explicitly states that there have been no material changes to existing risks, including supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - FY2020-Q2RestatedAnnual report
「The industry remained in a challenging environment, as consumers continued to favor low prices and frugality, while manufacturing and other costs rose with increases in the prices of some input materials, labor and logistics costs increased due to labor shortages, and the continued high level of domestic beef market prices and the impact of African swine fever also weighed on conditions.」
Business-environment risks related to livestock diseases, including the impact of African swine fever, remain ongoing. - FY2020-Q1MaterialisedAnnual report
「The industry remained in a difficult environment, as consumers continued to favor low prices and frugality, while manufacturing and other costs rose due to higher prices for some raw materials, and labor and logistics costs increased because of labor shortages. The situation was also affected by persistently high domestic beef prices and developments related to African swine fever. Although sales and sales volume of domestically produced pork increased, profit declined substantially because domestic pork prices fluctuated due in part to the impact of swine fever in Gifu Prefecture.」
Developments related to African swine fever and swine fever were reflected in the industry environment and fluctuations in domestic pork prices, and were actually cited as factors behind the decline in profit from domestic pork. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - FY2018RestatedAnnual report
「Various unpredictable livestock diseases may occur in the meat products handled by the group. Such diseases may affect operating performance and other results through supply and demand issues and sharp market price fluctuations, both for affected meat products and for meat products not directly affected.」
The company continues to disclose the risks of supply disruptions, difficulty procuring products, reputational damage, and fluctuations in demand, supply and market prices due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - FY2017RestatedAnnual report
「Various unpredictable livestock diseases may occur in the meat products handled by the group. Such diseases may affect operating performance and other results through supply and demand issues and sharp market price fluctuations, both for affected meat products and for meat products not directly affected.」
The company continues to disclose the risks of supply disruptions, lower demand, reputational damage and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - 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 supply disruptions, lower demand and market price fluctuations due to livestock diseases. - FY2016First statedAnnual report
「Various unpredictable livestock diseases may occur in the meat products handled by the group. Such diseases may affect operating performance and other results through supply and demand issues and sharp market price fluctuations, both for affected meat products and for meat products not directly affected.」
For beef, chicken and pork, the company separately explains the potential for supply suspensions from disease-affected regions, difficulty procuring products, weak consumption and reputational damage.