Seasonality and Weather and Temperature Fluctuations in the Ramen Segment
First written in FY2025. 3 of 5 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.
Garden moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 5 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「During the fiscal year, record-high temperatures continued from early spring through early autumn, restraining consumer behavior. Our company, whose sales are dominated by the ramen business, was particularly affected.」
The impact of the ramen business’s seasonality and temperature-fluctuation risk was confirmed for the full fiscal year, with record-high temperatures restraining consumer behavior. - FY2026-H1MaterialisedAnnual report
「Consumer behavior was also restrained by extreme heat from early spring onward, which repeatedly broke records for the highest temperatures ever observed. The operating environment remains challenging, particularly for our company, where the core ramen business accounts for approximately 70% of sales.」
The company reported that extreme heat actually restrained consumer behavior, bringing the seasonality and temperature-fluctuation risk of the ramen business into the interim-period operating environment. - FY2025First statedAnnual report
「Ramen stores, which accounted for 67.4% of sales in the fiscal year ended February 2025, are particularly busy from December through February, when temperatures fall.」
The company identifies the possibility that lower foot traffic due to bad weather or higher average temperatures caused by abnormal weather could reduce sales.