Decline in eel sauce sales due to poor catches of eel glass eels
First written in FY2019-Q1. 2 of 6 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2023.
0 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual report
「In the liquid products segment, sales of liquid soup increased,」
The direct reference made through the previous quarter to poor eel fry catches and declining eel sauce sales has been removed. - FY2023-Q1MaterialisedAnnual report
「In the liquid products segment, sales of sauce declined because of poor eel fry catches,」
It is stated that poor eel fry catches occurred again, resulting in lower eel sauce sales. - FY2020-Q1MitigatedAnnual report
「In the liquid seasonings segment, as eel fry catches declined, the catch this year was at the previous year's level,」
The poor eel fry catches stated in the same period of the previous year are described as being at the previous year's level in the current quarter, indicating that their impact on eel sauce has weakened from the previous period. - FY2019-Q3WorsenedAnnual report
「In the Liquid Seasoning Foods segment, catches of juvenile eels continued to decline and the catch was poor this year, causing sales of eel sauce in both the retail and foodservice channels to fall. Revenue was ¥3,020 million, down 6.2% year on year, and segment profit was ¥283 million, down 29.8%.」
The impact of poor eel fry catches on eel sauce sales and profit continued, and the rates of decline in revenue and segment profit widened from the cumulative second quarter. - FY2019-Q2RestatedAnnual report
「In the Liquid Seasoning Foods segment, catches of juvenile eels continued to decline and the catch was poor this year, causing sales of eel sauce in both the retail and foodservice channels to fall. Revenue was ¥2,046 million, down 4.0% year on year, and segment profit was ¥215 million, down 22.1%.」
Poor eel fry catches continued, resulting in declines in retail and commercial eel sauce sales and segment profit during the cumulative second quarter. - FY2019-Q1MaterialisedAnnual report
「As eel fry catches declined and the catch was poor this year, sales of eel sauce for both retail and commercial use decreased, resulting in revenue of ¥1,006 million (down 5.9% year on year) and segment profit of ¥74 million (down 47.9% year on year).」
This is the first time that poor eel fry catches are stated to have actually occurred and led to declines in retail and commercial eel sauce sales and segment profit.