Risk of the spread of COVID-19 affecting sales, procurement and logistics
First written in FY2020. 5 of 14 entries say "Restated". Latest entry: FY2024-Q3.
Kadoya Sesame Mills moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Mitigated".
- FY2024-Q3MitigatedAnnual report
「Export sales volumes increased year on year as the impact related to COVID-19 subsided and active promotional activities were conducted.」
The company stated that the impact of COVID-19 on export sales had been resolved, and export sales volume also exceeded the year-earlier period. - FY2023MitigatedAnnual report
「The impact of the shortage of ocean freight containers caused by COVID-19 has been resolved. Accordingly, there was no serious impact on short-term operating performance in the current consolidated fiscal year, including overall net sales exceeding the previous fiscal year.」
The company stated that the impact of the shortage of ocean freight containers had been resolved and that there had been no serious impact on short-term full-year operating performance. However, the risks associated with a prolonged infection situation continued to be disclosed. - FY2023-Q3RestatedAnnual report
「Although it is difficult to predict when the spread of COVID-19 will end or how severe its impact will be, the Group believes the impact is limited in the sesame oil and food sesame markets because, broadly speaking, the decline in the food-service industry has been offset by growth in eating at home, and the Group's overall business is not dependent solely on household or food-service products.」
While maintaining the view that the impact of the infection is limited because its business is not dependent solely on household or food-service products, the Group continues to recognize that the timing of the end of the outbreak and the extent of its impact are difficult to predict. - FY2023-Q2RestatedAnnual report
「Although it is difficult to predict when the spread of COVID-19 will end or how severe its impact will be, the Group believes the impact is limited in the sesame oil and food sesame markets because, broadly speaking, the decline in the food-service industry has been offset by growth in eating at home, and the Group's overall business is not dependent solely on household or food-service products.」
While maintaining the view that the impact of the infection is limited because its business is not dependent solely on household or food-service products, the Group continues to recognize that the timing of the end of the outbreak and the extent of its impact are difficult to predict. - FY2023-Q1RestatedAnnual report
「In the sesame oil and food sesame markets, the broad trend has been a decline in the food-service industry offset by growth in eating at home, and the Group believes the impact is limited because its overall business is not dependent solely on household or food-service products. However, if the impact of COVID-19 continues for an extended period or the situation worsens further, it may materially affect the Group's future financial position and operating results.」
The company continued its accounting estimate that the short-term impact would be limited because its business is not dependent solely on household or food-service products, while retaining the risks associated with a prolonged or worsening infection situation. - FY2022MitigatedAnnual report
「Accordingly, there was no serious impact on short-term operating performance in the current consolidated fiscal year, including overall net sales exceeding the previous fiscal year.」
Although constraints on the food-service industry and shortages of ocean freight containers continued, the company assessed that there was no serious impact on short-term operating performance for the current fiscal year, owing in part to the recovery of food-service and export sales. However, sales, raw material, and logistics risks if the situation continued for an extended period remained disclosed. - FY2022-Q3RestatedAnnual report
「Regarding the spread of COVID-19, the Group believes that the impact remains limited in the sesame oil and food sesame markets because, broadly speaking, the decline in the food-service industry has been offset by growth in eating at home, and the Group's overall business is not dependent solely on household or food-service products. Accordingly, there has been no material change to the assumption stated in the notes to the accounting estimates in the additional information section of the securities report for the previous consolidated fiscal year, namely, that COVID-19 would have no material impact on the accounting estimates. However, if the impact of COVID-19 continues for an extended period, it may materially affect the Group's future financial position and operating results.」
While maintaining the view that the impact of the infection remains limited because the Group's business is not dependent solely on household or food-service products, the Group has maintained its assumption that a prolonged situation could affect its financial position and operating results. - FY2022-Q2RestatedAnnual report
「However, the impact of the infection, including the shortage of logistics containers, remains significant, and uncertainty about the outlook continues.」
The shortage of logistics containers and uncertainty about the outlook associated with COVID-19 have continued. - FY2022-Q1MaterialisedAnnual report
「However, the impact of the infection, including the shortage of logistics containers, remains significant, and uncertainty about the outlook continues.」
The shortage of logistics containers caused by the infection was identified as a specific external-environment issue, with the risks to sales, procurement, and logistics materializing as actual environmental factors. - FY2021Added an assessment that the short-term impact would be limitedAnnual report
「Regarding the impact on the Group's operating results and financial position, the Group believes the short-term impact will be limited because the increase in eating at home has offset the decline in the food-service industry and the Group's overall business is not dependent solely on household or food-service products. However, if the situation continues for an extended period, sales volumes of the Group's products in Japan and overseas may decline amid a global economic downturn, while raw material prices may rise and logistics functions may become unstable, potentially affecting the Group's operating results and financial position.」
Based on the actual impact of lower sales to the food-service industry and higher sales for eating at home, the company assessed the short-term impact as limited while continuing to identify sales, raw material, and logistics risks if the situation continued for an extended period. - FY2021-Q3MaterialisedAnnual report
「For sesame oil, sales volume for household use increased from the year-earlier period, partly due to the increase in eating at home. Sales volume for food-service use also increased despite a decline in sales to the food-service industry, as sales to food-processing customers remained strong. In contrast, export sales volume declined, reflecting a substantial drop in sales to the food-service industry.」
Demand from the food-service industry continued to decline because of COVID-19, and this was reflected in actual operating results as lower export sales volume. In contrast, sales for household use and food-service use by food-processing customers increased. - FY2021-Q2MaterialisedAnnual report
「For sesame oil, sales volume for household use increased from the year-earlier period, partly due to the increase in eating at home. In contrast, sales volume for food-service use declined as sales to the food-service industry fell. Export sales were also affected by COVID-19, as in Japan, and sales to the food-service industry declined, resulting in lower sales volume than in the year-earlier period. As a result, overall sesame oil sales volume was 97.1% of the year-earlier level, while sales value was 103.1%.」
Demand from the food-service industry continued to decline because of COVID-19, and this was reflected in actual operating results as lower sales volumes for food-service and export products. - FY2021-Q1MaterialisedAnnual report
「For sesame oil, household-use sales volume increased from the year-earlier period, due in part to increased at-home consumption. Meanwhile, commercial-use sales volume declined as sales to the food-service industry fell. Export sales volume also declined from the year-earlier period, as sales to the food-service industry were affected by the COVID-19 pandemic, as in Japan. As a result, total sesame oil sales volume was 94.9% of the year-earlier period, while sales value was 99.8%.」
The impact of COVID-19 on sales materialized, and sales volumes for food-service and export products declined. Overall sesame oil sales volume was 94.9% of the year-earlier level, while sales value was 99.8%. - FY2020First statedAnnual report
「However, if the situation continues for an extended period, sales volumes of the Group's products in Japan and overseas may decline amid a global economic downturn, while raw material prices may rise and logistics functions may become unstable, potentially affecting the Group's operating results and financial position.」
Following the global spread of COVID-19, the potential for lower sales volumes, higher raw material prices, and disruptions to logistics functions was identified as a new business risk. The spread of the infection had already occurred, but its impact on operating results was described as a possibility if the situation continued for an extended period.