Risk of Seafood Price Increases and Sales Suspensions Due to Poor Catches
First written in FY2018-Q2. 8 of 15 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-08-14.
S.Ishimitsu& moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 45 of 63 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- 2026-08-14MaterialisedEarnings
「In core shrimp-related products, sales increased due to new product adoptions at major food-service chains, including shrimp products used in fried dishes. However, net sales and gross profit decreased because the impact of menu cuts at conveyor-belt sushi chains and other factors outweighed that increase.」
Although new adoptions were secured in shrimp-related products, the impact of menu cuts at conveyor-belt sushi chains outweighed them, resulting in lower net sales and gross profit. - FY2026MaterialisedAnnual report
「Sales of core shrimp-related products to mass retailers remained strong, but foodservice sales fell sharply due to menu cuts at conveyor-belt sushi chains and other factors. Sales of octopus-related products remained strong, with revenue increasing on higher sales of raw materials for takoyaki. As a result, seafood revenue decreased 1.5% year on year.」
Shrimp sales to foodservice customers fell sharply due to menu cuts at conveyor-belt sushi chains, and total seafood sales declined 1.5% year on year. Octopus-related sales remained strong. - FY2026-H1MitigatedAnnual report
「Despite continued shortages of squid raw materials, quantities equivalent to the previous year were secured and revenue increased. Sales of octopus raw materials for takoyaki also remained strong, resulting in higher revenue.」
Although squid raw material shortages continued, quantities equivalent to the previous year were secured, while octopus sales of raw materials for takoyaki were strong. The impact of supply constraints was contained to some extent through procurement and sales. - FY2025-H1MaterialisedAnnual report
「Sales of core shrimp-related products declined in volume and revenue, particularly in foodservice, following price revisions. Despite a global shortage of squid raw materials, revenue increased, mainly from sales of factory-use raw materials, as supplier cooperation enabled a stable supply. Revenue from prepared frozen seafood increased slightly, mainly in the prepared-food channel, while octopus-related revenue decreased slightly as higher raw material market prices continued to make it difficult to acquire new customers.」
The impact of revised shrimp prices on sales volume and revenue, the global shortage of squid raw materials, and high octopus raw material market prices and difficulty acquiring new customers emerged in actual results. At the same time, supplier cooperation secured a stable supply of squid. - FY2024-Q3MaterialisedAnnual report
「In octopus-related products, higher prices reduced demand from existing customers, resulting in lower revenue.」
Higher octopus prices actually emerged as lower demand from existing customers and lower revenue, and the impact of seafood raw material price risk has continued. - FY2024-Q2MaterialisedAnnual report
「Sales of octopus-related products declined as higher prices reduced demand from existing customers, resulting in lower revenue.」
Higher octopus prices actually emerged as lower demand from existing customers and lower revenue, and the impact of seafood raw material price and supply risks has continued. - FY2020-Q3WorsenedAnnual report
「Sales of octopus products declined because higher raw material prices reduced the amount used after the size of each piece was reduced.」
Higher octopus raw material prices affected the business through smaller product sizes, lower usage and lower sales. - FY2020-Q2WorsenedAnnual report
「Octopus sales declined due to the impact of persistently high raw material prices.」
Persistently high octopus raw material prices affected actual results through lower sales. Increased shrimp sales and the addition of more products adopted by voluntary chains were also cited. - FY2020-Q1WorsenedAnnual report
「Seafood sales remained strong, supported by the adoption of core shrimp products by new foodservice customers and other factors. However, sales of squid and octopus declined due to the impact of persistently high raw material prices and intensified competition with other companies.」
While new adoption of shrimp products increased sales, squid and octopus sales declined due to high raw material prices and intensified competition, with the impact of seafood raw material risks continuing. - FY2019MitigatedAnnual report
「Although octopus landings remained unstable, our procurement capabilities enabled a stable supply, and sales to manufacturers of frozen takoyaki increased.」
Octopus landings have remained unstable, but procurement capabilities secured a stable supply, leading to higher sales. - FY2019-Q3MaterialisedAnnual report
「In seafood, some products experienced price increases due to resource depletion and falling market prices due to lower demand, but sales of core shrimp and octopus products to foodservice chains and mass retailers remained strong.」
Price increases caused by resource depletion and falling market prices caused by lower demand are described as actual conditions in the seafood business. At the same time, shrimp and octopus sales remained strong. - FY2019-Q2MaterialisedAnnual report
「In seafood, some products were affected by resource depletion and falling market prices, but sales of shrimp and octopus to foodservice chains and voluntary chains remained strong.」
The effects of resource depletion on seafood products are described as having actually emerged. At the same time, market prices declined, while shrimp and octopus sales remained strong. - FY2019-Q1WorsenedAnnual report
「In seafood, landings of wild resources such as squid and octopus have remained low, and raw material prices have remained high.」
Insufficient landings of squid and octopus and high raw material prices have continued. - FY2018-Q3WorsenedAnnual report
「In seafood, prices continued to rise because of shortages of squid and octopus raw materials, making it difficult to secure sufficient volumes. However, as a result of actively promoting sales of newly launched fish products during the current fiscal year, sales progressed steadily, mainly at mass retailers.」
Shortages and high prices of squid and octopus raw materials have continued, making it even more difficult to secure sufficient volumes. Sales of newly launched processed fish products are offsetting the impact. - FY2018-Q2MaterialisedAnnual report
「For squid and octopus, some products had to be temporarily withdrawn from sale because prices rose due to poor catches, but adoption of newly launched products for the current fiscal year, such as bite-sized whitefish fillets, expanded.」
It is stated that price increases due to poor catches actually occurred, forcing some products to be temporarily withdrawn from sale.