Komori
Asmo (2654) · RiskFirst stated

Declining demand for meat products due to the consumption-tax increase and warmer winters

First written in FY2020-Q3. . Latest entry: FY2020-Q3.

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Declining demand for meat products due to the consumption-tax increase and warmer wintersA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2020-Q3First statedAnnual report

    「Sales at food-service companies declined following the consumption tax increase in October. In addition, African swine fever (ASF), which was spreading mainly in China, drove up global pork prices and also affected chicken and beef. Moreover, the warm winter made it difficult to sell products that would traditionally have been expected to sell well.」

    The company newly stated that lower food-service sales following the consumption tax increase and difficulty selling products due to the warm winter affected demand for and sales of meat products.
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