Raw Material Supply Constraints Due to Resource Depletion and Fishing Restrictions
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2023.
Kura Sushi moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 23 of 32 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In addition, if raw material prices rise unexpectedly or supplies become difficult to obtain due to fluctuations in global demand for food ingredients, sharp foreign exchange movements, fishing restrictions on species facing possible resource depletion and other factors」
The company continues to disclose the risks of higher raw material prices and difficulty obtaining supplies due to global demand for food ingredients, foreign exchange movements, resource depletion and fishing restrictions. - FY2022WorsenedAnnual report
「In addition, if raw material prices rise unexpectedly or supplies become difficult to obtain due to fluctuations in global demand for food ingredients, sharp foreign exchange movements, fishing restrictions on species facing possible resource depletion and other factors, the Group may be unable to provide products that meet customer needs, resulting in lower customer satisfaction and potentially adversely affecting its operating results and financial position.」
In addition to the previously identified risks of resource depletion and fishing restrictions, the company specifically identifies unexpectedly higher raw material prices and difficulty obtaining supplies due to global demand for food ingredients and sharp foreign exchange movements as risks. - FY2022-Q3RestatedAnnual report
「For sales promotion, while disruptions to distribution networks made it difficult to secure raw materials, the company held its fourth “Crab Fair” of the fiscal year in July 2022, as well as a “Fatty Tuna and Salmon Roe Fair” and other events.」
The company reports that difficulties in securing raw materials due to disruptions to distribution networks continue to occur in practice. - FY2022-Q2MaterialisedAnnual report
「While disruptions to distribution networks made it difficult to secure raw materials, the company held events including a “Crab Fair,” a “Premium Fatty Tuna and Ehime Fair” and a “Fatty Tuna and Salmon Roe Fair.”」
Regarding the previously identified risk of raw material supply constraints, the company reports that disruptions to distribution networks have in fact made it difficult to secure raw materials. - FY2020RestatedAnnual report
「In addition, if the supply of raw materials becomes difficult due to fishing restrictions on species facing possible resource depletion, the Group may be unable to provide products that meet customer needs, resulting in lower customer satisfaction and potentially adversely affecting its operating results and financial position.」
The company continues to disclose the risk of raw material supply constraints due to resource depletion and fishing restrictions. - FY2019RestatedAnnual report
「In addition, if the supply of raw materials becomes difficult due to fishing restrictions on species facing possible resource depletion, the Group may be unable to provide products that meet customer needs, resulting in lower customer satisfaction and potentially adversely affecting its operating results and financial position.」
The company continues to disclose the risk of raw material supply constraints due to resource depletion and fishing restrictions. - FY2017RestatedAnnual report
「In addition, if the supply of raw materials becomes difficult due to fishing restrictions on species facing possible resource depletion, the Group may be unable to provide products that meet customer needs, resulting in lower customer satisfaction and potentially adversely affecting its operating results and financial position.」
The company continues to disclose the risk of raw material supply constraints due to resource depletion and fishing restrictions. - FY2016First statedAnnual report
「If the supply of raw materials becomes difficult due to fishing restrictions on species facing possible resource depletion, the Group may be unable to provide products that meet customer needs, resulting in lower customer satisfaction and potentially adversely affecting its operating results and financial position.」
The company identifies restrictions on fishing species facing possible resource depletion and other factors that constrain raw material supplies as risks to product availability and customer satisfaction.