Expansion of the confectionery and bakery ingredients business through Harald in Brazil
First written in FY2017-Q1. 7 of 14 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「HARALD INDÚSTRIA E COMÉRCIO DE ALIMENTOS LTDA (Brazil) began operating its new plant in April 2023, established a new facility within the plant to develop and propose applications through co-creation with customers, and is pursuing the creation of new products and the development of new markets」
Following the start-up of the new plant at HARALD in Brazil, the company established a facility for developing and proposing applications through co-creation with customers and is pursuing the development of new products and markets. - FY2024AdvancedAnnual report
「In the industrial chocolate business, HARALD INDÚSTRIA E COMÉRCIO DE ALIMENTOS LTDA in Brazil began operating its new plant in April 2023.」
The second plant of HARALD in Brazil has progressed from the construction and investment stage to the start of operations in April 2023. - FY2023-Q1AdvancedAnnual report
「Cash flow from investing activities amounted to an outflow of ¥2,846 million, mainly due to expenditures for the construction of a second plant for the industrial chocolate business in Brazil and a new cream plant for the emulsified and fermented ingredients business in China.」
For the industrial chocolate business in Brazil, the construction of a second plant is described as a specific investment expenditure item. - FY2020-Q2RestatedAnnual report
「Revenue increased substantially overseas due to the consolidation of Blommer Chocolate Company in the United States, despite lower sales of chocolate products for ice cream and other applications in Japan. Profit declined due to a reaction to Brazil's strong performance in the same period of the previous year, as well as the reversal of gains from the valuation of futures contracts at the time of Blommer's acquisition.」
The company cites higher revenue from the consolidation of Blommer and lower profit due to a reaction to Brazil's strong performance in the same period of the previous year, with no substantial change in business conditions from the previous quarter. - FY2020-Q1Profit decline following the strong performance in Brazil in the previous yearAnnual report
「As part of its efforts to strengthen its core competencies, the company acquired Blommer Chocolate Company of the United States in January 2019 and has focused on the industrial chocolate business. During the current first-quarter cumulative consolidated period, however, Blommer Chocolate Company experienced a reversal of gains from the valuation of futures contracts at the time of acquisition, while Brazil also faced a reaction to its strong performance in the same period of the previous year.」
The company explains that while it continues to focus on the industrial chocolate business, Brazil experienced a reaction to its strong performance in the same quarter of the previous year. - FY2019-Q3RestatedAnnual report
「Revenue declined slightly. In Japan, sales of chocolate products decreased, while overseas sales of filling products in China continued to rise substantially, but sales in Brazil declined mainly due to foreign exchange movements. In terms of profit, profitability improved for chocolate products in Japan, while profit from dessert products declined. Overseas, strong sales in China, improved profitability in Brazil, and consolidation-adjustment factors from the realization of unrealized gains on inventories supported profit, but worsening profitability of prepared products in Asia led to a decline overall.」
In Brazil, revenue declined due to foreign exchange movements, while improved profitability contributed to earnings. No new acquisition initiative concerning HARALD is described. - FY2019-Q2AdvancedAnnual report
「The additional acquisition was made to use the Group's synergies and fats and oils technologies as a base for its Latin American strategy, pursue further growth in the industrial chocolate market, strengthen the system for providing the Group's product lineup to customers by utilizing the company's sales channels and strong brand, and continue enhancing products and strengthening its ability to communicate with the market in line with customer needs.」
The company acquired an additional 16.55% interest in HARALD, bringing its ownership to 100%. As a base in Latin America, it aims to promote growth in the industrial chocolate market, utilize HARALD's sales channels and brand strength, and strengthen its product supply system. - FY2019-Q1RestatedAnnual report
「In overseas markets, sales in Brazil increased in local-currency terms but declined in yen terms due to foreign exchange movements. Overall revenue increased as sales of margarine and filling products in China continued to grow substantially. Profit declined due to weak sales of fillings in Japan and prepared products in Asia, but increased overall because of growth in chocolate sales in Japan, strong sales in China, improved profitability in Brazil, and consolidation-adjustment factors arising from the realization of unrealized gains on inventories.」
The company states that growth in sales in China and improved profitability in Brazil contributed to higher revenue and profit in the confectionery and bakery ingredients segment. - FY2018-Q3RestatedAnnual report
「Revenue also increased in the Asian and Brazilian markets. Profit increased mainly due to profit growth in Brazil.」
The company reconfirms higher revenue in the Asian and Brazilian markets and profit growth driven mainly by Brazil. - FY2018-Q2RestatedAnnual report
「Revenue also increased in the Asian and Brazilian markets. Profit increased mainly due to profit growth in Brazil.」
The company reconfirms higher revenue in the Asian and Brazilian markets and profit growth driven mainly by Brazil. - FY2018-Q1RestatedAnnual report
「Sales of chocolate products grew steadily in the Asian and Brazilian markets. Profit increased mainly due to profit growth in Brazil.」
The company states that sales and profit from chocolate products grew in Asia and Brazil, but does not present any new specific initiatives concerning HARALD. - FY2017AdvancedAnnual report
「In the Brazilian market, revenue and profit increased due to the net increase in revenue from HARALD, a chocolate manufacturer and seller that became a consolidated subsidiary in the previous fiscal year, as well as the fact that HARALD's revenue was included in consolidation from the third quarter of the previous fiscal year and acquisition costs for its shares were recorded in the previous fiscal year.」
The company states that the net increase in revenue following the consolidation of HARALD contributed to higher revenue and profit in the Brazilian market. - FY2017-Q2RestatedAnnual report
「Overseas, sales of margarine and shortening declined in Southeast Asia, but revenue and profit increased due to the net increase in revenue from Brazil's HARALD, a chocolate manufacturer and seller that became a consolidated subsidiary in the previous fiscal year.」
The company reiterates that the consolidation of HARALD in Brazil contributed to higher overseas revenue and profit in the confectionery and bakery ingredients segment. - FY2017-Q1First statedAnnual report
「Overseas, sales of margarine and shortening declined in Southeast Asia, but revenue and profit increased due to the net increase in revenue from Brazil's HARALD, a chocolate manufacturer and seller that became a consolidated subsidiary in the previous fiscal year.」
The company states that HARALD in Brazil, which became a consolidated subsidiary in the previous fiscal year, contributed to higher overseas revenue in the confectionery and bakery ingredients segment.