Seasonal fluctuations in business performance
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2025.
6 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group works to smooth quarterly performance in order to secure stable earnings on an ongoing basis. However, demand in its core food business tends to be concentrated in the first through third quarters, from April to December, and sales in the fourth quarter, from January to March, tend to be relatively lower than in the other quarters.」
The company continues to identify as a risk the seasonality whereby demand is concentrated in the first through third quarters and fourth-quarter sales are lower. - FY2025-H1MaterialisedAnnual report
「Sukiyaki Sauce and the portion seasoning Puchitto Nabe remained firm, partly because of the effect of the price revision. However, the hot-pot seasoning category as a whole fell below sales for the same period of the previous year, partly because the switch to autumn and winter products was delayed by the extremely hot weather.」
Delays in switching seasonal products due to extreme heat were reflected in missed sales targets for the hot-pot seasoning products, and seasonal fluctuation risk affected actual performance. - FY2023MitigatedAnnual report
「To address this tendency toward concentration, the Group is seeking to rebuild its business portfolio and is working to expand year-round products and promote year-round sales through general-purpose menu applications for products subject to substantial seasonal fluctuations, such as hot-pot seasonings.」
The company continues to make its response to seasonal risk more concrete through business portfolio restructuring, expanded year-round products and general-purpose menu applications. - FY2022MitigatedAnnual report
「To address this tendency toward concentration, the Group is seeking to rebuild its business portfolio and is working to expand year-round products and promote year-round sales through general-purpose menu applications for products subject to substantial seasonal fluctuations, such as hot-pot seasonings.」
The company continues to address seasonality through expanded year-round products, general-purpose menu applications for hot-pot seasonings and other products, and business portfolio restructuring. - FY2020MitigatedAnnual report
「To address this tendency toward concentration, we will work to expand sales proposals for year-round products and promote year-round sales through general-purpose menu applications for products such as hot-pot seasonings, which are subject to substantial seasonal fluctuations.」
As measures to address seasonal risk, the company specified year-round products, general-purpose menu applications and expanded year-round sales proposals. - FY2019RestatedAnnual report
「The Group works to smooth quarterly performance in order to secure stable earnings on an ongoing basis. However, demand in its core food business tends to be concentrated in the first through third quarters, from April to December, and sales in the fourth quarter, from January to March, tend to be relatively lower than in the other quarters.」
The company continues to describe the seasonality whereby demand in the food business is concentrated in the first through third quarters and fourth-quarter sales are lower. - FY2018RestatedAnnual report
「Sales in the fourth quarter, particularly from January to March, are lower than in the other quarters, and the level of profit in the second half, from October to March, is relatively constrained by the product mix and other factors, resulting in a tendency for profits to be concentrated in the first half, from April to September.」
The company continues to identify the food business's concentration of earnings in the first half and lower fourth-quarter sales as risks. - FY2017RestatedAnnual report
「The Group works to smooth quarterly performance in order to secure stable profits on an ongoing basis. However, in its core food business, sales in the fourth quarter, particularly from January to March, are lower than in the other quarters, and the level of profit in the second half, from October to March, is relatively constrained by the product mix and other factors, resulting in a tendency for profits to be concentrated in the first half, from April to September.」
The company continues to identify the food business's concentration of earnings in the first half and lower fourth-quarter sales as risks. - FY2016First statedAnnual report
「The Group works to smooth quarterly performance in order to secure stable profits on an ongoing basis. However, in its core food business, sales in the fourth quarter, particularly from January to March, are lower than in the other quarters, and the level of profit in the second half, from October to March, is relatively constrained by the product mix and other factors, resulting in a tendency for profits to be concentrated in the first half, from April to September.」
The company recognizes the food business's concentration of earnings in certain quarters and in the first half as a risk and is working to smooth performance.