Price increases for 12 dressing products in response to rising costs
First written in FY2020-Q1. 13 of 17 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 23 companies on the "Worse" side.
73 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In response to continued increases in raw material prices and with the aim of offering higher-value-added menus that provide greater customer satisfaction, we raised the prices of certain menu items.」
Certain menu prices were raised in the restaurant business in response to soaring raw material prices. - FY2024RestatedAnnual report
「The product business posted higher sales as a result of sales reform that leveraged our brand strengths, in addition to the favorable effect of the price revisions implemented in the previous fiscal year.」
The company continues to report higher revenue from the effects of the price revision and sales reforms. - FY2024-Q3RestatedAnnual report
「The product business posted higher sales as a result of sales reform that strengthened our ability to make proposals tailored to customers and leveraged our brand strengths, in addition to the favorable effect of the price revisions implemented in the previous fiscal year.」
The previous fiscal year's price revision continues to prove effective as a factor driving higher revenue in the product business. - FY2024-Q2AdvancedAnnual report
「The product business posted higher sales as a result of sales reform to strengthen our ability to propose solutions to issues faced by distribution customers, in addition to the effect of the price revisions implemented in the previous fiscal year.」
The previous fiscal year's price revision proved effective and, together with sales reforms, contributed to higher revenue in the product business. - FY2024-Q1AdvancedAnnual report
「The product business posted higher sales as a result of strengthening sales capabilities through sales reform and the gradual market penetration of the price revisions implemented in the previous fiscal year.」
The previous fiscal year's price revision gradually gained market acceptance and, together with sales reforms, contributed to higher revenue in the product business. - FY2023-Q3RestatedAnnual report
「In the food business, we continued sales initiatives that communicate product value rather than price, while focusing on ensuring the market penetration of the price revisions implemented in April.」
We continue to pursue a sales policy that emphasizes product value rather than price, together with sales activities aimed at embedding and gaining market acceptance for the April price revision. - FY2023-Q2AdvancedAnnual report
「In the food business, we implemented sales initiatives emphasizing product value while focusing on embedding and gaining acceptance for the price revision introduced in April.」
The April price revision progressed from the implementation phase to the establishment and market-acceptance phase, and sales initiatives were conducted alongside efforts to emphasize product value. - FY2023-Q1AdvancedAnnual report
「In the food business, we implemented sales initiatives emphasizing product value while focusing on embedding and gaining acceptance for the price revision introduced in April.」
The April 2022 price revision entered the implementation phase, and its establishment and market acceptance were pursued as sales initiatives. Food business sales fell below the year-earlier level due to the impact of the price revision. - FY2022-Q3AdvancedAnnual report
「We expect prices for key raw materials and supplies to continue rising, and, given the extremely difficult conditions for absorbing higher costs, have decided to revise the prices of certain products for shipments from 1 April 2022.」
A price revision for certain products was decided on for shipments from 1 April 2022 in response to soaring prices for key raw materials and supplies. - FY2021AdvancedAnnual report
「As a result of lower manufacturing costs achieved through the price revision and operational improvements implemented two years ago, product margins also improved.」
The annual results disclosed that the dressing price increase and operational improvements reduced manufacturing costs and improved product margins. - FY2021-Q3AdvancedAnnual report
「In the dressing category, sales temporarily declined, particularly from the second to the third quarter of the previous fiscal year, due to the impact of the price increase implemented last August. As a result of continuing sales initiatives emphasizing product value, total dressing sales this fiscal year, including the standard Japanese-style soy sauce dressing, reached 105.1% of the year-earlier level. Sales recovered and product margins also improved.」
Sales recovered from the temporary decline following the price increase, with total dressing sales reaching 105.1% of the year-earlier level and product margins also improving. - FY2021-Q2AdvancedAnnual report
「In the dressing category, although sampling sales were not possible during the COVID-19 pandemic and promotional flyers could not be used by supermarkets and other retailers, customers recognized the strength of the products. The decline caused by the price increase implemented last August was offset, and total dressing sales, including the standard Japanese-style soy sauce dressing, reached 104.8% of the year-earlier level. Product margins also improved as a result of the price revision.」
The decline in sales following the price increase in August of the previous year was offset, with total dressing sales reaching 104.8% of the year-earlier level and margins also improving. - FY2021-Q1AdvancedAnnual report
「Partly due to the price increase in the previous fiscal year, sales of core dressings, including the standard Japanese-style soy sauce dressing, reached 106.7% of the year-earlier level.」
Following the dressing price increase, sales of core products reached 106.7% of the year-earlier level, indicating that the effect of the price revision was reflected in first-quarter sales. - FY2020AdvancedAnnual report
「The cost of sales ratio improved by 0.5 percentage points from the previous consolidated fiscal year to 39.6%. This was mainly due to improved margins from higher dressing prices and a review of the restaurant menu.」
It was disclosed that the cost of sales ratio improved by 0.5 percentage points after the dressing price revision and that the price increase led to improved margins. - FY2020-Q3AdvancedAnnual report
「Although we actively proposed promotional campaigns and other measures for the dressing category, sales in August and September fell significantly below the initial forecast due to the impact of the price revision implemented in August, the first since the products were launched. Sales have been recovering since October, entering the third quarter, but the dressing industry as a whole has also shown a shrinking trend, and sales of the core 280ml series during the nine-month period of the current consolidated fiscal year declined year on year.」
The price revision was implemented in August 2019, and sales fell below forecast in August and September, while a recovery trend emerged from October onward. The impact and subsequent trend following the price revision were disclosed in specific terms. - FY2020-Q2AdvancedAnnual report
「Although we proposed promotional campaigns and other measures for the dressing category, sales fell below the initial forecast due to the impact of the price revision, the first since the products were launched, and sales of the core 280ml series declined.」
A dressing price revision was implemented from August 2019, and it was disclosed that sales fell below the initial forecast as a result. - FY2020-Q1First statedAnnual report
「In addition, we decided to raise the prices of 12 dressing products from August 2019 in response to increases in raw material, logistics and labor costs. Going forward, we will continue working to reduce costs while pursuing further improvements in quality.」
The decision to raise the prices of 12 dressing products from August 2019 was first disclosed as a response to rising raw material, logistics and labor costs.