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Kikkoman (2801) · RiskRestated

El Niño-induced supply shortages of canned fruit from the Philippines

First written in FY2017-Q1. 13 of 15 entries say "Restated". Latest entry: FY2025-H1.

15entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2020-Q3ReframedFY2021RestatedFY2024-Q2 – FY2025-H12016: 220162017: 420172018: 220182019: 320192020: 120202021: 120212022: 020222023: 120232024: 12024
Same theme, other companies
Disruption of Food and Product Supply Systems and Procurement Price VolatilityA theme 94 companies write about · 105 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 45 of 64 companies on the "Worse" side.

26 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 94 companies compared. The sentences above are computed from all 94.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1RestatedAnnual report

    「During the interim consolidated accounting period, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    No material change was identified in the risk of shortages of canned tropical fruit due to abnormal weather and other factors.
  2. FY2024-Q2RestatedAnnual report

    「During the six-month period ended the second quarter, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    No material change was identified in the risk of shortages of canned tropical fruit due to abnormal weather and other factors.
  3. FY2021ReframedAnnual report

    「However, if prices rise due to market fluctuations beyond expectations, or if production volumes fall because of climate change, including abnormal weather, cool summers or warm winters, the Group's operating results and financial position may be affected.」

    The specific event of a shortage of canned fruit from the Philippines was not disclosed; instead, it was generalized as a raw material market risk, including the risk of reduced production volumes due to abnormal weather, cool summers and warm winters.
  4. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    No material change was identified in the risk of shortages of canned tropical fruit due to abnormal weather and other factors.
  5. FY2020-Q2RestatedAnnual report

    「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    No material change was identified in the risk of shortages of canned tropical fruit due to abnormal weather and other factors.
  6. FY2020-Q1RestatedAnnual report

    「No new business or other risks arose during the 1st quarter cumulative period. There were also no material changes to the risks described in the securities report for the previous fiscal year.」

    No material change was identified in the risk of shortages of canned tropical fruit due to abnormal weather and other factors.
  7. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    No material change was identified in the risk of shortages of canned tropical fruit due to abnormal weather and other factors as a business risk.
  8. FY2019-Q2RestatedAnnual report

    「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    No material change was identified in the risk of shortages of canned tropical fruit due to abnormal weather and other factors as a business risk.
  9. FY2019-Q1RestatedAnnual report

    「No new business or other risks arose during the 1st quarter cumulative period. There were also no material changes to the risks described in the securities report for the previous fiscal year.」

    No material change was identified in the risk of shortages of canned tropical fruit due to abnormal weather and other factors as a business risk.
  10. FY2018-Q2RestatedAnnual report

    「Supplies of canned tropical fruit had not recovered sufficiently, and sales in the key markets of South Korea, Hong Kong and Singapore fell below the level of the same period of the previous year. As a result, sales fell below the level of the same period of the previous year.」

    The shortage of canned tropical fruit had not recovered sufficiently, and the decline in sales in South Korea, Hong Kong and Singapore continued.
  11. FY2018-Q1RestatedAnnual report

    「Supplies of canned tropical fruit had not recovered sufficiently, and sales in the key markets of South Korea, Hong Kong and China fell below the level of the same period of the previous year.」

    The shortage of canned tropical fruit and the decline in sales in South Korea, Hong Kong and China continued in the first quarter.
  12. FY2017RestatedAnnual report

    「A shortage of canned pineapple from the Philippines resulting from abnormal weather affected all markets, including the key markets of Hong Kong and China, and sales fell below the level of the previous fiscal year.」

    The shortage of canned pineapple from the Philippines and its impact on sales across all markets, including Hong Kong and China, were also observed for the full fiscal year.
  13. FY2017-Q3RestatedAnnual report

    「A severe shortage of canned fruit from the Philippines resulting from drought caused by abnormal weather affected all markets, including the key markets of Hong Kong and China, and sales fell below the level of the same period of the previous year.」

    The shortage of canned fruit from the Philippines and its impact on sales across all markets, including Hong Kong and China, continued through the nine-month period.
  14. FY2017-Q2RestatedAnnual report

    「A severe shortage of canned fruit from the Philippines resulting from drought caused by abnormal weather affected all markets, including the key markets of Hong Kong and China, and sales fell below the level of the same period of the previous year.」

    The shortage of canned fruit from the Philippines and its impact on sales across all markets continued in the second quarter.
  15. FY2017-Q1MaterialisedAnnual report

    「A severe shortage of canned fruit from the Philippines resulting from drought caused by El Niño affected all markets, including the key markets of Hong Kong and China, and sales fell below the level of the same period of the previous year.」

    A supply shortage of raw materials and products actually occurred due to drought associated with El Niño, affecting sales in all markets, including Hong Kong and China.
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El Niño-induced supply shortages of canned fruit from the Philippines | KIKKOMAN CORPORATION (2801) | Komori