Risks to Sales, Supply and Achievement of the Medium-Term Plan Due to COVID-19
First written in FY2020. 5 of 14 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026.
EBARA Foods Industry moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
38 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual report
「If facilities are damaged by a large-scale disaster, such as a storm or flood, earthquake, volcanic eruption, fire, terrorist attack or infectious disease outbreak, or if the supply chain is disrupted, business activities including production, logistics and sales may be disrupted, potentially affecting the operating results and financial position of the Group.」
COVID-19 is not described as an independent risk to sales, supply or achievement of the medium-term plan, but is classified as a general item under disaster risks. - FY2024-Q3MitigatedAnnual report
「During the first nine months of the fiscal year under review (1 April 2023 to 31 December 2023), Japan's economy saw a gradual recovery in economic activity as restrictions on movement due to COVID-19 were eased. However, amid heightened geopolitical tensions and rising prices, uncertainty about the outlook continued.」
The company describes the easing of restrictions on movement due to COVID-19 and the gradual recovery in economic activity, indicating that the impact of the pandemic on sales and business continuity is easing. Meanwhile, uncertainty due to the global situation and rising prices remains. - FY2024-Q1MitigatedAnnual report
「During the first quarter of the fiscal year under review (1 April 2023 to 30 June 2023), Japan's economy showed signs of recovery in economic activity as restrictions on movement imposed due to the COVID-19 pandemic were eased. However, amid heightened geopolitical tensions and rising prices, uncertainty about the outlook continued.」
The company describes the easing of restrictions on movement due to COVID-19 and signs of a recovery in economic activity, indicating that the impact of the pandemic on sales and business continuity has eased. Meanwhile, uncertainty due to the global situation and rising prices remains. - FY2023-Q3The impact of spreading infections in China alongside recovery at other locationsAnnual report
「Although the Chinese market was affected by the zero-COVID policy, overseas operations remained firm as new customers were acquired at other sales bases, including those in Southeast Asia, in addition to the impact of foreign exchange rates.」
The company explains that, although infection-related impacts continued in the Chinese market, new customer acquisition progressed in Southeast Asia and other markets, and the overseas business remained solid. - FY2023-Q2The impact of spreading infections in China alongside recovery at other locationsAnnual report
「Although overseas operations were affected by the spread of infections in the Chinese market, other sales bases, including those in Southeast Asia, remained firm as new customers were acquired in addition to the impact of foreign exchange rates. As a result, foodservice product sales exceeded those in the same period of the previous year.」
Although the impact of infections continued in the Chinese market, sales of products for commercial use exceeded the same period of the previous year at other locations, including Southeast Asia, where the company also acquired new customers. - FY2023-Q1Mitigation of infectious disease impacts alongside recovery in overseas salesAnnual report
「Sales of products for commercial use exceeded the same period of the previous year.」
Sales of products for commercial use exceeded the same period of the previous year, owing to the recovery in customer numbers at restaurants and the lifting of requests to suspend operations. Meanwhile, the impact of the spread of infections continued in the Chinese market, indicating that the easing and continuation of infectious disease impacts coexisted. - FY2022The continuing and easing impacts of COVID-19Annual report
「Following the lifting of requests to suspend business operations in November, customer visits in the foodservice industry recovered, while sales of meat-based seasonings, including "Yangnyeom Chicken Sauce" and other products developed for the foodservice and prepared-food markets, remained strong. In the overseas business, sales of soups and other products increased amid a recovery in performance corresponding to changes in infection conditions in each country, as well as the impact of foreign exchange rates, resulting in sales above the level of the same period of the previous year.」
While the impact of COVID-19 continued, foodservice product sales exceeded the previous fiscal year's level due to the lifting of requests to suspend business operations, the recovery in foodservice customer visits, and the recovery of the overseas business. - FY2022-Q3Mitigation of the impact of COVID-19 alongside recovery in resultsAnnual report
「Following the lifting of requests to suspend business operations in November, customer visits in the foodservice industry recovered, while sales of meat-based seasonings, including "Yangnyeom Chicken Sauce" and other products developed for the foodservice and prepared-food markets, remained strong. In the overseas business, sales of soups and other products increased amid a recovery in performance corresponding to changes in infection conditions in each country, as well as the impact of foreign exchange rates, resulting in sales above the level of the same period of the previous year.」
Although the impact of COVID-19 continued, foodservice products and the overseas business exceeded the sales levels of the same period of the previous year due to the lifting of requests to suspend business operations, the recovery in foodservice customer visits, and changes in infection conditions in each country. - FY2022-Q2MaterialisedAnnual report
「Although the resurgence of infections reduced customer visits in the foodservice industry, sales of meat-based seasonings increased, including sales of "Yangnyeom Chicken Sauce" and other products developed for the foodservice and prepared-food markets. In the overseas business, sales of soups and other products also increased as performance recovered in line with changes in infection conditions in each country, resulting in sales above the level of the same period of the previous year.」
The renewed decline in foodservice customer visits affected foodservice product sales, and the risk from COVID-19 continued to be reflected in results. - FY2021MaterialisedAnnual report
「Although the foodservice industry had been recovering, partly due to temporary government economic stimulus measures, customer visits declined following renewed requests to refrain from going out amid the resurgence of infections. In the overseas business, restrictions on sales activities resulting from infection-control measures also had an impact, and sales of meat-based seasonings, soups, and other products all remained sluggish and fell below the levels of the same period of the previous year.」
The decline in foodservice customer visits and restrictions on overseas sales activities resulting from the resurgence of COVID-19 became evident in a 24.7% year-on-year decline in total foodservice product sales for the full year. - FY2021-Q3MaterialisedAnnual report
「Foodservice products fell below the year-earlier sales level. Although the restaurant industry had been recovering, partly due to temporary government economic stimulus measures, customer traffic declined following requests to refrain from going out amid renewed spread of COVID-19. Overseas operations were also affected by restrictions on business activities introduced as part of infectious-disease control measures. As a result, sales were weak across the meat-seasoning, soup and Other categories, falling below the year-earlier level.」
The impact of COVID-19 continued through the first 3 quarters, with a decline in foodservice customer visits due to renewed requests to refrain from going out and restrictions on overseas sales activities, resulting in foodservice product sales falling below the previous year's level. - FY2021-Q2MaterialisedAnnual report
「The Group's revenue for the first 2 quarters of the fiscal year was ¥25.247 billion, down 1.3% year on year. The main factors were the continued sluggish domestic and overseas sales of foodservice products due to the prolonged impact of the spread of COVID-19, as well as the exclusion from the consolidated results of sales of chilled products whose sales function was transferred from the current fiscal year.」
The prolonged impact of COVID-19 continued into the second quarter, with sluggish domestic and overseas foodservice product sales, and consolidated revenue declined 1.3% year on year. - FY2021-Q1MaterialisedAnnual report
「In the foodservice industry, the Company's main sales channel, the number of customer visits fell sharply due to requests to refrain from going out amid the spread of COVID-19. In its overseas business, restrictions on sales activities resulting from infection-control measures in each country also had an impact. As a result, sales of meat-based seasonings, soups, and other products all remained sluggish and fell below the levels of the same period of the previous year.」
The impact of COVID-19 actually emerged in the first quarter through lower customer visits in the foodservice industry, restrictions on overseas sales activities, and foodservice product sales falling below the previous year's level. - FY2020First statedAnnual report
「The expected impact on the Group includes sluggish domestic and overseas sales of foodservice products in the food business, as well as lower transactions in the advertising and staffing businesses. In procurement, production and logistics, higher raw material prices and resulting cost increases, production disruptions, and delays in product supply are expected due to the impact of market conditions related to raw material procurement. If corporate activities are disrupted for longer than currently expected due to employee infections or a resurgence of the infection, this could affect the achievement of the Group's short- and medium-term management plans and other targets.」
The Company independently identified COVID-19 for the first time as a material risk affecting foodservice sales, advertising and staffing, raw material procurement, production, logistics, product supply, and achievement of its plans. It explains that domestic and overseas foodservice product sales actually fell sharply in February and March.