Risks to the fisheries business from changes in fisheries resources, demand and the distribution structure
First written in FY2022. 4 of 9 entries say "Materialised", first in FY2024-Q2. Latest entry: FY2026.
Sanko Marketing Foods moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Because the SANKO fleet continued to fall short of its initially projected target catch due to rough seas, vessel conditions and other factors, it remained unable to secure the planned level of profit throughout the year.」
Described how risks related to seafood resources and fishing operations materialized as the SANKO fleet falling short of its target catch and failing to secure planned profit. - 2026-05-15MaterialisedRevision of earnings forecasts
「The SANKO fleet continued to fall short of its initially projected target catch because of rough weather, the condition of the fishing vessels and other factors.」
The continuing shortfall against target catches caused by rough weather and vessel conditions affected the earnings plan for the fishery business. - FY2024MaterialisedAnnual report
「Because export transactions handled by the seafood wholesale business were significantly affected by the issue surrounding ALPS-treated water from the Fukushima Daiichi Nuclear Power Station, we will further expand export transactions while taking geopolitical risks into account by broadening export destinations to North America, Europe and elsewhere.」
The Company stated that the risk of restrictions on seafood exports had materialized as a significant impact on export transactions. As a response, it indicated that destinations would be expanded to North America, Europe and elsewhere. - FY2024-Q3MitigatedAnnual report
「Because export transactions handled by the seafood wholesale business were significantly affected by the issue surrounding ALPS-treated water from the Fukushima Daiichi Nuclear Power Station, we will expand export transactions while taking geopolitical risks into account by broadening export destinations to North America, Europe and elsewhere.」
While the significant impact of the treated-water issue on export transactions continues, the Company presented a policy of addressing geopolitical risks by expanding destinations to North America, Europe and elsewhere. - FY2024-Q2MaterialisedAnnual report
「Because export transactions handled by the seafood wholesale business were significantly affected by the issue surrounding ALPS-treated water from the Fukushima Daiichi Nuclear Power Station, we will expand export transactions while taking geopolitical risks into account by broadening export destinations to North America and elsewhere.」
The Company stated that the risk of restrictions on seafood exports had materialized as a significant impact on export transactions. It also presented a policy of responding by expanding destinations to North America and elsewhere. - FY2024-Q1WorsenedAnnual report
「The outlook remains uncertain, owing to soaring raw material and energy prices associated with the prolonged Russia-Ukraine situation, higher prices caused by the rapid depreciation of the yen, and the initiation of restrictions on seafood exports arising from the issue surrounding treated water from the Fukushima Daiichi Nuclear Power Station.」
The initiation of restrictions on seafood exports was newly described as an external environmental factor specific to the seafood business. - FY2023ReframedAnnual report
「However, unexpected events, including changes in demand for seafood, such as declining marine resources and fluctuations in domestic and overseas demand for fish, and changes in the structure of seafood distribution, may affect the Group’s operating results.」
The discussion of seafood business risks was expanded from the aging workforce and shortage of successors on the supply side to focus on changes in marine resources, domestic and overseas demand, and distribution structures. - FY2023-Q1WorsenedAnnual report
「We witnessed firsthand that Japan’s coastal fisheries are in an extremely difficult situation and are continuing to decline because of the aging of those engaged in the industry and the shortage of successors, among other factors.」
Regarding the operating environment for the seafood business, the Company specifically described supply-side challenges, namely the decline of coastal fisheries caused by the aging of workers and a shortage of successors. - FY2022First statedAnnual report
「However, unexpected events, including changes in demand for seafood, such as declining marine resources and growing overseas demand for fish, and changes in the structure of seafood distribution, may affect the Group’s operating results.」
The Company identified for the first time the decline in marine resources, growth in overseas demand, and changes in demand and distribution structures as risks inherent in its seafood 6th-sector industrialization model.