Komori
Pietro (2818) · RiskMitigated

Dependence on Pietoro Dressing and competitive entry

First written in FY2016. 14 of 22 entries say "Restated". Latest entry: FY2026.

22entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q3WorsenedFY2022 – FY20242016: 320162017: 320172018: 420182019: 320192020: 320202021: 220212022: 120222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
Reliance on Specific Brands and the Beauty Category, and Competition from New EntrantsA theme 6 companies write about · 6 as a headwind · 1 as a tailwind

Pietro moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).

0 other companies' latest entry also says "Mitigated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「The product business is highly dependent on Pietoro Dressing, which has established the category of raw-type dressings made without heat treatment, accounting for 45.8% of product business sales during the fiscal year.」

    Dependence on the key dressing declined from the previously recorded 51.9% to 45.8%. The risks of dependence and competitive entry themselves continue.
  2. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  3. FY2024WorsenedAnnual report

    「The product business is highly dependent on Pietoro Dressing, which has established the category of raw-type dressings made without heat treatment, accounting for 51.9% of product business sales during the fiscal year. Because the company does not hold patent rights for its manufacturing method, competitors may enter the market, and sales of similar or lower-priced products could affect operating results.」

    Dependence on sales of Pietoro Dressing increased from the previously recorded 51.5% to 51.9%.
  4. FY2022WorsenedAnnual report

    「The food business is highly dependent on Pietoro Dressing, which has established the category of raw-type dressings made without heat treatment, accounting for 51.5% of food business sales during the fiscal year. Because the company does not hold patent rights for its manufacturing method, competitors may enter the market, and sales of similar or lower-priced products could affect operating results.」

    The key dressing's share of food business sales rose from 49.9% in the previous fiscal year to 51.5%, increasing the company's dependence on it.
  5. FY2021MitigatedAnnual report

    「The food business is highly dependent on Pietoro Dressing, which has established the category of raw-type dressings made without heat treatment, accounting for 49.9% of food business sales during the fiscal year. Because the company does not hold patent rights for its manufacturing method, competitors may enter the market, and sales of similar or lower-priced products could affect operating results. To reduce this high level of dependence and further expand profitability, the company will develop new categories such as pasta and soup as its second and third core businesses.」

    The key dressing's share of food business sales declined from 54.6% in the previous fiscal year to 49.9%. The dependence risk remains, but the company continues its diversification efforts through the development of pasta, soup and other products.
  6. FY2021-Q3RestatedAnnual report

    「During the third quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  7. FY2021-Q2RestatedAnnual report

    「During the second quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  8. FY2020WorsenedAnnual report

    「The food business is highly dependent on Pietoro Dressing, which has established the category of raw-type dressings made without heat treatment, accounting for 54.6% of food business sales during the fiscal year. Because the company does not hold patent rights for its manufacturing method, competitors may enter the market, and sales of similar or lower-priced products could affect operating results. To reduce this high level of dependence and further expand profitability, the company will develop new categories such as pasta and soup as its second and third core businesses.」

    The key product accounted for 54.6% of food business sales, and the company continued to disclose its high level of dependence. As measures to reduce this dependence, it explicitly stated that it would develop pasta, soup and other products. No occurrence of competitive risk itself was reported.
  9. FY2020-Q3RestatedAnnual report

    「During the third quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the dependence on Pietoro Dressing and competitive entry risks. No new changes in figures such as the share of sales were reported.
  10. FY2020-Q1RestatedAnnual report

    「During the first quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  11. FY2019MitigatedAnnual report

    「The food business is highly dependent on Pietoro Dressing, which has established the category of raw-type dressings made without heat treatment, accounting for 54.3% of food business sales during the fiscal year.」

    The dependence on the key product declined from 55.8% in the previous fiscal year to 54.3%, but the company continues to report a high level of dependence and the risk of competitive entry.
  12. FY2019-Q3RestatedAnnual report

    「During the third quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  13. FY2019-Q2RestatedAnnual report

    「During the second quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the dependence on Pietoro Dressing and competitive entry risks. Consumer preference for lower prices and intensifying competition will be tracked in a separate thread.
  14. FY2019-Q1RestatedAnnual report

    「During the first quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  15. FY2018WorsenedAnnual report

    「The company is highly dependent on Pietoro Dressing, which accounts for 55.8% of segment sales during the fiscal year. Because the company does not hold patent rights for its manufacturing method, competitors may enter the market, and sales of similar or lower-priced products could affect operating results.」

    The key product's share of segment sales rose from 52.1% to 55.8%, increasing the company's dependence on it.
  16. FY2018-Q3RestatedAnnual report

    「During the third quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  17. FY2018-Q2RestatedAnnual report

    「During the second quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  18. FY2018-Q1RestatedAnnual report

    「During the first quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  19. FY2017-Q3RestatedAnnual report

    「During the third quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  20. FY2017-Q2RestatedAnnual report

    「During the second quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes concerning the risks of dependence on Pietoro Dressing and competitive entry.
  21. FY2017-Q1RestatedAnnual report

    「During the first quarter of the fiscal year, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there were no material changes to the dependence on key products and competitive entry risks described for the previous fiscal year.
  22. FY2016First statedAnnual report

    「The food business is highly dependent on Pietoro Dressing, which has established the category of raw-type dressings made without heat treatment, accounting for 52.1% of segment sales during the fiscal year. Because the company does not hold patent rights for its manufacturing method, competitors may enter the market, and sales of similar or lower-priced products could affect operating results.」

    The company describes the key product's share of segment sales and the competitive risk arising from the lack of patent protection.
Moved together

"Impairment of Property, Plant and Equipment Due to Declining Store Profitability" moved the same way as this thread, in the same document, in 5 of its 22 moves.

544433★123456
  1. ★This thread
  2. 1Impairment of Property, Plant and Equipment Due to Declining Store Profitability5×
  3. 2Increase in Food Business revenue4×
  4. 3Company-wide expense reductions4×
  5. 4Achieving a 10% operating margin4×
  6. 5Restaurant expansion suited to new formats and locations3×
  7. 6Restaurant business turnaround3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Pietro's next results are scheduled for 2026-11-13. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.