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Fukutome Meat Packers (2291) · TargetWorsenedLatest Earnings (2026-08-12): "Advanced"

Building the Processed Foods Business Brand and Achieving Stable Profitability

First written in FY2017. 18 of 29 entries say "Worsened", first in FY2019. Latest entry: 2026-08-12.

29entries
10years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2022-Q1 – FY2023-Q12017: 120172018: 220182019: 320192020: 320202021: 320212022: 420222023: 320232024: 320242025: 220252026: 52026
Same theme, other companies

Fukutome Meat Packers moved to the "Worse" side of this theme in 2022.

4 other companies' latest entry also says "Advanced".

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. 2026-08-12AdvancedEarnings

    「Although raw material prices, logistics costs, labor costs and other expenses remained high, profit exceeded that of the same quarter of the previous year as a result of self-help efforts including cost reductions, productivity improvements through better yields, and fixed-cost reductions.」

    Although the processed foods business recorded lower sales, segment profit increased from ¥10 million to ¥54 million through cost reductions, yield improvements, productivity improvements and fixed-cost reductions.
  2. FY2026WorsenedAnnual report

    「As a result, revenue was ¥10,326 million (¥10,202 million in the same period of the previous year), and the segment loss (operating loss) was ¥13 million (segment profit (operating profit) of ¥128 million in the same period of the previous year).」

    The Processed Foods Business reported higher revenue due to MIRAI and other products, while segment results moved from a ¥128 million profit to a ¥13 million loss.
  3. FY2026-H1AdvancedAnnual report

    「As a result of expanding sales of the new "MIRAI" product, made without nitrites, and strengthening sales activities for ham and sausage products, net sales exceeded the previous year's level. Profit also exceeded the previous year's level, as the high-value-added "MIRAI" product achieved strong growth after being accepted by health-conscious consumers, and as we worked to reduce costs and improve productivity.」

    In the Processed Foods Business, expanded sales of MIRAI, stronger sales activities, lower costs and higher productivity resulted in a 3.2% year-on-year increase in revenue and segment profit of ¥7 million, up 42.9% year on year.
  4. FY2025WorsenedAnnual report

    「Revenue was ¥10,202 million (¥10,808 million in the same period of the previous year), and segment profit (operating profit) was ¥128 million (down 47.5% year on year).」

    In the Processed Foods Business, sales volumes of core products for mass retailers declined sharply following price revisions, resulting in lower revenue and a 47.5% decline in segment profit.
  5. FY2025-H1WorsenedAnnual report

    「As a result, revenue was ¥5,014 million (down 10.1% from the previous interim consolidated accounting period), and segment profit (operating profit) was ¥5 million (down 95.3% from the previous interim consolidated accounting period).」

    The Processed Foods Business reported lower revenue, while segment profit declined 95.3% year on year, from ¥107 million to ¥5 million. The impact of higher raw material and labour costs is evident despite efforts to review distribution channels, expand channels for business customers, reduce costs and improve productivity.
  6. FY2024AdvancedAnnual report

    「As a result, revenue was ¥10,808 million (¥10,775 million in the same period of the previous year), and segment profit (operating profit) was ¥244 million (up 27.4% year on year).」

    The Processed Foods Business expanded distribution channels, revised prices, reduced costs and improved productivity, increasing segment profit 27.4% year on year.
  7. FY2024-Q3AdvancedAnnual report

    「In the processed foods business, amid the recovery in domestic foot traffic and inbound consumption and signs of increased activity in business-use and food-service channels, sales of large-pack sausage products remained firm. Net sales increased due to expanded sales channels for delicatessen products such as hamburg steaks and revisions to prices of existing products. Profit exceeded that in the same period of the previous year as the company worked to reduce costs and improve productivity. As a result, net sales were ¥8,543 million, compared with ¥8,310 million in the same quarter of the previous year, and segment profit (operating profit) was ¥274 million, up 15.4% year on year.」

    The Processed Foods Business expanded distribution channels for delicatessen products, revised prices, reduced costs and improved productivity, resulting in a 15.4% year-on-year increase in segment profit.
  8. FY2024-Q2WorsenedAnnual report

    「The company pursued cost reductions through lower costs and higher productivity, but profit was below that of the previous year as intensifying price competition with competitors and higher-than-expected raw material and energy costs pressured earnings. As a result, revenue was ¥5,579 million (up 6.5% year on year), and segment profit (operating profit) was ¥107 million (down 15.3% year on year).」

    The Processed Foods Business reported higher revenue, while segment profit declined 15.3% year on year due to price competition and higher raw material and energy costs.
  9. FY2024-Q1WorsenedAnnual report

    「Profit was below that of the previous year due to intensifying price competition with competitors and higher raw material and energy costs. As a result, revenue was ¥2,796 million (up 9.2% year on year), and segment profit (operating profit) was ¥61 million (down 20.9% year on year).」

    Revenue in the Processed Foods Business increased 9.2% year on year, while segment profit declined 20.9% due to price competition and higher raw material and energy costs.
  10. FY2023-Q3WorsenedAnnual report

    「As a result, revenue was ¥8,310 million (¥8,387 million in the same quarter of the previous year), and segment profit (operating profit) was ¥238 million (down 15.2% year on year).」

    The Processed Foods Business reported lower revenue, and segment profit declined 15.2% year on year. The effects of price competition and higher raw material and energy costs continued.
  11. FY2023-Q2Higher profit despite lower revenueAnnual report

    「As a result, revenue was ¥5,236 million (down 3.3% year on year), and segment profit (operating profit) was ¥127 million (up 4.8% year on year).」

    The Processed Foods Business reported lower revenue, while segment profit increased 4.8% year on year.
  12. FY2023-Q1WorsenedAnnual report

    「In the Processed Foods Business, large-pack wieners and newly launched products such as Thick-Cut Pork Tongue and Thick-Cut Shoulder Loin Ham, characterised by their texture and substantial bite, remained firm as demand for bulk purchases increased during the COVID-19 pandemic. However, revenue declined due to lower sales following product price revisions and intensifying price competition with competitors. Profit also declined despite efforts to improve operational efficiency and productivity, owing to higher raw material prices and energy costs resulting from higher fuel prices. As a result, revenue was ¥2,562 million (down 3.8% year on year), and segment profit (operating profit) was ¥77 million (down 14.3% year on year).」

    Although new products and other items remained firm, the Processed Foods Business reported lower revenue and profit due to a sales decline following product price revisions, price competition, and higher raw material and energy costs.
  13. FY2022WorsenedAnnual report

    「Revenue was below that of the previous year due to intensifying price competition with competitors, declining sales of in-store products and other items following the reversal of stay-at-home consumption and at-home demand that had expanded during the COVID-19 pandemic, and declining sales during the gift-selling season. Profit was also below that of the previous year due to higher raw material prices and delays in implementing price revisions.」

    The Processed Foods Business reported lower revenue and profit due to the reversal of stay-at-home demand, declining gift sales and higher raw material prices, among other factors, with segment profit falling to ¥261 million.
  14. FY2022-Q3WorsenedAnnual report

    「As a result, revenue was ¥8,387 million (¥8,988 million in the same quarter of the previous year), and segment profit (operating profit) was ¥280 million (down 41.9% year on year).」

    The Processed Foods Business reported lower revenue and profit due to the reversal of stay-at-home consumption, declining sales of in-store products and other items, the sluggish gift market, and the application of the revenue recognition accounting standard, among other factors.
  15. FY2022-Q2WorsenedAnnual report

    「As a result, revenue was ¥5,416 million (¥5,810 million in the same quarter of the previous year), and segment profit (operating profit) was ¥121 million (down 44.8% year on year).」

    Although product improvements and new products remained firm, the Processed Foods Business reported lower revenue due to declining sales and the application of the revenue recognition accounting standard, among other factors, while segment profit declined 44.8% year on year.
  16. FY2022-Q1WorsenedAnnual report

    「As a result, revenue was ¥2,664 million (¥2,918 million in the same quarter of the previous year), and segment profit (operating profit) was ¥90 million (down 11.1% year on year).」

    The Processed Foods Business reported lower revenue, owing to the reversal of COVID-19-related demand and the application of the revenue recognition accounting standard, while segment profit declined 11.1% year on year.
  17. FY2021-Q3AdvancedAnnual report

    「As a result, revenue was ¥8,988 million (up 2.8% year on year), and segment profit (operating profit) was ¥483 million (up 96.0% year on year).」

    The Processed Foods Business reported higher revenue, and segment profit increased 96.0% year on year. Earnings improved on the back of new products and product variations, productivity improvements and cost reductions.
  18. FY2021-Q2AdvancedAnnual report

    「As a result, revenue was ¥5,810 million (up 4.2% year on year), and segment profit (operating profit) was ¥219 million (up 86.3% year on year).」

    The Processed Foods Business reported higher revenue, while segment profit increased 86.3% year on year.
  19. FY2021-Q1AdvancedAnnual report

    「As a result, revenue was ¥2,918 million (up 6.9% year on year), and segment profit (operating profit) was ¥101 million (up 33.4% year on year).」

    The Processed Foods Business reported higher revenue against the backdrop of stay-at-home demand, while segment profit increased 33.4% year on year.
  20. FY2020-Q3WorsenedAnnual report

    「As a result, revenue was ¥8,747 million (down 1.3% year on year), and segment profit (operating profit) was ¥246 million (down 47.3% year on year).」

    The Processed Foods Business reported lower revenue, and segment profit declined 47.3% year on year.
  21. FY2020-Q2WorsenedAnnual report

    「As a result, revenue was ¥5,576 million (down 2.5% year on year), and segment profit (operating profit) was ¥117 million (down 51.9% year on year).」

    The Processed Foods Business reported lower revenue, and segment profit declined 51.9% year on year.
  22. FY2020-Q1WorsenedAnnual report

    「As a result, revenue was ¥2,729 million (down 2.9% year on year), and segment profit (operating profit) was ¥76 million (down 36.9% year on year).」

    While the Okayama Subaru Plant began full-scale operations, the Processed Foods Business reported lower revenue and segment profit declined 36.9%.
  23. FY2019WorsenedAnnual report

    「As a result, revenue was ¥11,274 million (down 1.9% year on year), and segment profit (operating profit) was ¥448 million (down 20.9% year on year).」

    The Processed Foods Business reported lower revenue, and segment profit declined 20.9% year on year. Meanwhile, the company continues to pursue the Okayama Plant, scheduled to begin operations in April 2019, as a means of securing stable production and earnings.
  24. FY2018RestatedAnnual report

    「III. Establishing the Processed Foods Business as a Brand and Securing Stable Earnings. ① Develop branded products supported by customers and increase market share alongside OEM-branded products. ② Further pursue the characteristics of prepared foods and develop products that create new eating occasions. ③ Strengthen the product planning and development function. ④ Review the production structure and pursue higher productivity, including through OEM production.」

    The company continues its policy of developing products, pursuing OEM production and reviewing the production structure to establish the Processed Foods Business as a brand and secure stable earnings.
  25. FY2018-Q3AdvancedAnnual report

    「The objective is to drive further growth in the Processed Foods Business and secure stable future production and earnings from wieners and delicatessen products.」

    To support growth and stable earnings in the Processed Foods Business, the company formalised plans to build the Okayama Plant to ensure stable production of wieners and delicatessen products. The planned investment is ¥2 billion, with operations scheduled to begin in April 2019.
  26. FY2017First statedAnnual report

    「The company aims to establish brands in the Processed Foods Business and secure stable earnings. ① Develop branded products supported by customers and increase market share alongside OEM-branded products. ② Further pursue the characteristics of prepared foods and develop products that create new eating occasions. ③ Strengthen the product planning and development function. ④ Review the production structure and pursue higher productivity, including through OEM production.」

    The company aims to achieve stable earnings in the Processed Foods Business by combining branded products, OEM production, prepared foods, new product planning and a review of the production structure.
Moved together

"Improvement in operating income and ordinary income driven by cost reductions" moved the same way as this thread, in the same document, in 14 of its 29 moves.

141211111110★123456
  1. ★This thread
  2. 1Improvement in operating income and ordinary income driven by cost reductions14×
  3. 2Market Price Fluctuation Risk on Cross-Held Shares and Other Investments12×
  4. 3Persistently high raw material and packaging material prices, and a shift toward lower prices and frugality11×
  5. 4Improving capital efficiency through higher profit margins and ROE11×
  6. 5Rising Labor and Logistics Costs Due to Labor Shortages and Other Factors11×
  7. 6Steady Growth with the Meat Business as a Core Earnings Pillar10×

★ 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.

When this could move next
No upcoming earnings preview for Fukutome Meat Packers yet. It last moved in the Earnings of 2026-08-12: "Advanced".
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Building the Processed Foods Business Brand and Achieving Stable Profitability | FUKUTOME MEAT PACKERS,LTD. (2291) | Komori