Changes in Market Conditions and New-Product Development Risk
First written in FY2016. 5 of 11 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2024.
Toyo Suisan moved to the "Worse" side of this theme in 2016, 8 years before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「Some brands, including the 「マルちゃん正麺」 series, performed steadily in the packaged noodle business, but sales declined as the 「マルちゃんZUBAAAN!」 series and other products struggled.」
The risk related to market acceptance of new products and brands emerged in full-year results as the 「マルちゃんZUBAAAN!」 series and other products struggled, resulting in lower sales in the packaged noodle business. - FY2024-Q3MaterialisedAnnual report
「In the packaged noodle business, the 「マルちゃん正麺」 series performed steadily, but the 「マルちゃんZUBAAAN!」 series fell short of its target, resulting in lower sales.」
The new 「マルちゃんZUBAAAN!」 series continued to fall short of its target and generate lower sales, showing the risk related to new product development and sales in actual results. - FY2024-Q1MaterialisedAnnual report
「In the packaged noodle business, the 「マルちゃんZUBAAAN!」 series launched in the previous fiscal year fell short of its target, resulting in lower sales.」
The new product fell short of its target and resulted in lower sales, showing the risk in actual results if the Company cannot develop and sell new products that meet consumer needs. - FY2022RestatedAnnual report
「In particular, hundreds of new products are launched across the industry every year in the instant noodle sector, where product cycles are very short.」
The risk that growth and profitability may decline if the Company cannot respond to short product cycles and changing consumer needs continues to be documented. - FY2021RestatedAnnual report
「In particular, hundreds of new products are launched across the industry every year in the instant noodle sector, where product cycles are very short.」
The risk that growth and profitability may decline if the Company cannot respond to short product cycles and changing consumer needs continues to be documented. - FY2019RestatedAnnual report
「In particular, hundreds of new products are launched across the industry every year in the instant noodle sector, where product cycles are very short. In this environment, the Group is also focusing on developing products that meet consumer needs, including growing consumer health consciousness.」
The risk associated with new product development in the context of short product cycles and changing consumer needs continues to be documented. - FY2018-Q1RestatedAnnual report
「In the overseas instant noodle business, the Company pursued active sales initiatives in the United States, including closer cooperation with major mass retailers, but the challenging sales environment in the instant noodle market continued, resulting in lower sales.」
The challenging sales environment in the U.S. instant noodle market continued, resulting in lower sales despite sales initiatives. - FY2017MaterialisedAnnual report
「In the overseas instant noodle business, the Company sought to stimulate demand in the United States through special sales at mass retailers and the launch of new products, but the challenging sales environment continued, resulting in lower sales.」
Even with promotional activities and new product launches in the United States, the challenging sales environment continued, resulting in lower sales in the overseas instant noodle business. - FY2017-Q3RestatedAnnual report
「In the United States, the Company conducted active promotional activities, including special sales at mass retailers and the launch of new products, but the challenging sales environment continued, as did the contraction of the instant noodle category.」
The challenging sales environment in the United States and the continuing contraction of the instant noodle category remain documented. - FY2017-Q2MaterialisedAnnual report
「In the United States, the Company conducted active promotional activities, including special sales at mass retailers and the launch of new products, amid a challenging sales environment. However, improved consumer sentiment resulting from favorable employment conditions and wage growth did not benefit the instant noodle category, which continued to contract.」
Although employment and wage conditions improved in the United States, the instant noodle category continued to contract, and the risk from changes in the market environment emerged in the actual business environment. - FY2016First statedAnnual report
「In the instant noodle sector, hundreds of new products are launched across the industry every year, resulting in very short product cycles.」
The risk is that growth and profitability may decline if the Company cannot anticipate short product cycles and changing consumer needs or develop attractive new products.