Food industry focus on safety and security, low prices and intensifying competition
First written in FY2017-Q1. 23 of 39 entries say "Restated". Latest entry: 2026-08-10.
NittoBest moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 9 of 11 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026Challenging conditions persist despite recovery, owing to consumer thrift and supply disruptionsAnnual report
「The environment surrounding the food industry has shown a recovery in economic activity because of the recovery in inbound demand and improvements in employment and income conditions. However, challenging conditions have continued because of growing awareness of saving on food expenses amid various price increases, changes in social structures resulting from the declining birth rate and an ageing population, intensifying competition across business formats, and supply-chain disruptions caused by heightened geopolitical tensions.」
While indicating a recovery driven by inbound demand and improvements in employment and income conditions, organises the factors contributing to the challenging environment as awareness of saving on food expenses amid rising prices, changes in social structures, intensifying competition, and supply-chain disruptions. - FY2026-H1WorsenedAnnual report
「Although the food industry has also shown signs of recovery because of increased inbound demand and other factors, the operating environment remains challenging. Repeated price increases resulting from higher raw-material and labour costs and persistently high energy prices, as well as soaring rice prices, have heightened consumers' awareness of saving on food expenses.」
While acknowledging the recovery in food service and inbound demand, specifies higher raw-material, labour and energy costs, repeated price increases, soaring rice prices, and consumers' awareness of saving on food expenses as factors contributing to the challenging environment. - FY2025-H1Food service recovering, but repeated price increases are driving thrift and sustaining challenging conditionsAnnual report
「The food industry has also shown signs of recovery in food service because of increased inbound demand. However, the operating environment remains challenging, as repeated price increases have heightened consumers' awareness of saving on food expenses.」
While acknowledging the recovery in food service resulting from increased inbound demand, identifies consumers' growing awareness of saving on food expenses following repeated price increases as a new factor contributing to the challenging environment. - FY2024-Q3RestatedAnnual report
「Although the food industry has continued to show signs of recovery, particularly in food service, the operating environment remains challenging, as growing consumer awareness of saving on food expenses has made it difficult to pass higher raw-material and energy costs on to selling prices.」
Continues to explain that, while acknowledging the recovery centred on food service, growing consumer awareness of saving on food expenses has made it difficult to pass higher raw-material and energy costs on to selling prices, and the challenging operating environment is continuing. - FY2024-Q2WorsenedAnnual report
「Although the food industry has continued to show signs of recovery, particularly in food service, the operating environment remains challenging, as growing consumer awareness of saving on food expenses has made it difficult to pass higher raw-material and energy costs on to selling prices.」
While acknowledging the recovery centred on food service, specifies that growing consumer awareness of saving on food expenses has made it difficult to pass higher raw-material and energy costs on to selling prices, thereby illustrating the food industry's challenging environment. - FY2024-Q1RestatedAnnual report
「Although the food industry has continued to show signs of recovery, particularly in food service, companies have continued to pass higher raw-material and energy costs on to selling prices. In addition, customers have continued to prefer low prices, while avian influenza has caused supply restrictions for certain products, resulting in a continuing challenging operating environment.」
While indicating a recovery centred on food service, states that the food industry's challenging environment is continuing because of higher raw-material and energy costs, price pass-through, customers' preference for low prices, and supply restrictions for certain products caused by avian influenza. - FY2023WorsenedAnnual report
「Although the food industry has continued to show signs of recovery, particularly in food service, a full-scale recovery has yet to be achieved. While companies have begun passing higher raw-material and energy costs on to selling prices, changes in demand have also occurred, and the operating environment has become even more challenging, including supply disruptions affecting certain products because of avian influenza.」
While acknowledging the recovery in food service, identifies supply disruptions affecting certain products because of avian influenza as a new adverse factor and states that the food industry's operating environment has become even more challenging. - FY2023-Q3RestatedAnnual report
「Although the food industry has continued to show signs of recovery, particularly in food service, a full-scale recovery has yet to be achieved. While companies have begun passing higher raw-material and energy costs on to selling prices, changes in demand have also occurred, and the operating environment has become increasingly challenging.」
Reiterates that, although recovery centred on food service has continued, a full-scale recovery has yet to be achieved and the challenging environment is continuing because of higher raw-material and energy costs and changes in demand resulting from price pass-through. - FY2023-Q2WorsenedAnnual report
「Although the food industry has continued to show signs of recovery, particularly in food service, a full-scale recovery has yet to be achieved. While companies have begun passing higher raw-material and energy costs on to selling prices, changes in demand have also occurred, and the operating environment has become increasingly challenging.」
While indicating a recovery centred on food service, states that a full-scale recovery has yet to be achieved and that the operating environment has become more challenging because of higher raw-material and energy costs and changes in demand resulting from price pass-through. - FY2023-Q1WorsenedAnnual report
「Although the food industry has been recovering compared with the previous year following the lifting of restrictions on activities, a full-scale recovery has yet to be achieved. While companies have begun passing higher raw-material and energy costs on to selling prices, changes in demand have also occurred, and the operating environment has become increasingly challenging.」
While acknowledging the recovery trend following the lifting of restrictions on activities, states that a full-scale recovery has yet to be achieved and that the operating environment has become more challenging because of higher raw-material and energy costs and changes in demand resulting from price pass-through. - FY2022WorsenedAnnual report
「In addition to the impact of COVID-19, soaring raw-material prices and higher costs such as energy expenses have made the operating environment for the commercial food industry increasingly challenging.」
States that the commercial food industry's conditions have become more challenging because of soaring raw-material prices and higher costs such as energy expenses, in addition to the existing factors of the pandemic, competition, and responses to safety and security concerns. - FY2022-Q3WorsenedAnnual report
「Although signs of recovery emerged in the food-service industry and elsewhere following the lifting of states of emergency and other restrictions, a full-scale recovery has yet to be achieved. In addition, changes in eating occasions resulting from the spread of telework and soaring raw-material prices, crude oil prices and electricity charges have made the operating environment increasingly challenging.」
While signs of recovery emerged in the food-service industry and elsewhere, a full-scale recovery has yet to be achieved. The operating environment has become more challenging because of changes in eating occasions and soaring raw-material prices, crude oil prices and electricity charges. - FY2022-Q2WorsenedAnnual report
「Although there were no nationwide school closures such as those implemented in April and May of the previous year, school closures were implemented at individual schools. In addition, changes in eating occasions resulting from the spread of telework, continued stagnation in the food-service industry and elsewhere following repeated states of emergency, and soaring raw-material prices have left the food industry in a continuing challenging situation.」
Explicitly identifies soaring raw-material prices, in addition to the existing factors of school closures, telework and stagnation in the food-service industry, as causes of the food industry's challenging situation. - FY2022-Q1RestatedAnnual report
「Although there were no nationwide school closures such as those implemented in April and May of the previous year, changes in eating occasions resulting from the spread of telework, together with the repeated issuance of states of emergency, have left the food-service industry and others stagnant compared with before the COVID-19 pandemic. The food industry therefore remains in a challenging situation.」
Describes the food industry's continuing challenging situation against a backdrop of changes in eating occasions resulting from telework and stagnation in the food-service industry and elsewhere. - FY2021MitigatedAnnual report
「In response to the inappropriate country-of-origin labelling for the ingredients of certain products identified by the Ministry of Agriculture, Forestry and Fisheries last fiscal year, the Company has completed corrective measures pursuant to the instructions and is strengthening its quality-control framework, including product labelling, to prevent a recurrence.」
Discloses the completion of corrective measures regarding an inappropriate food-labelling incident and the strengthening of the quality-control framework, including product labelling. - FY2021-Q3Some recovery in demand, but food-service demand remains weakAnnual report
「The food industry also showed signs of recovery as schools reopened and the government's economic measures took effect. However, demand in the food-service industry and elsewhere has continued to decline.」
While demand recovered and the industry showed signs of improvement after schools reopened and as a result of economic measures, demand in the food-service industry and elsewhere has remained weak. - FY2021-Q2RestatedAnnual report
「The food industry has also been severely affected by the suspension of school lunches following temporary school closures and the decline in food-service demand, among other factors.」
Continues to describe the very significant impact on the food industry from the suspension of school lunches and the decline in food-service demand, as in the previous quarter. - FY2021-Q1WorsenedAnnual report
「The food industry has also been severely affected by the decline in food-service demand resulting from requests to refrain from going out and by the suspension of school lunches. In addition, the global spread of the virus has caused changes in the supply conditions for imported raw materials.」
Describes the impact on the food industry from the decline in food-service demand and suspension of school lunches as having been "very significant," and newly specifies changes in the supply conditions for imported raw materials. - FY2020WorsenedAnnual report
「The environment surrounding the food industry has remained challenging because of changes in social structures resulting from the declining birth rate and an ageing population, among other factors, and intensifying competition across business formats. In addition, the social responsibilities expected of companies have grown, including providing safe and secure food, preventing foreign-material contamination, addressing radiation and allergens, and responding to environmental issues. More recently, the commercial food industry has faced even more challenging conditions because of the spread of COVID-19.」
Explicitly states that, in addition to the previous intensification of competition and responses to safety and security concerns, the commercial food industry has faced more challenging conditions because of the impact of COVID-19. - FY2020-Q3RestatedAnnual report
「The food industry also remained in a challenging operating environment, in addition to the domestic economic conditions described above, owing to growing consumer awareness of food safety and security, the continuing preference for low prices, and intensifying competition, among other factors.」
Continues to describe the food industry's challenging operating environment resulting from preferences for safety and security and low prices, together with intensifying competition. - FY2020-Q2RestatedAnnual report
「The food industry remained in a challenging operating environment, owing to growing consumer awareness of food safety and security, the continuing preference for low prices, intensifying competition and labour shortages, among other factors.」
Continues to describe the food industry's challenging operating environment resulting from preferences for safety and security and low prices, intensifying competition and labour shortages. - FY2020-Q1RestatedAnnual report
「The food industry also remained in a challenging operating environment, in addition to the domestic economic conditions described above, owing to growing consumer awareness of food safety and security, the continuing preference for low prices, and intensifying competition, among other factors.」
Continues to describe the food industry's challenging operating environment resulting from preferences for safety and security and low prices, together with intensifying competition. - FY2019RestatedAnnual report
「The environment surrounding the food industry has remained challenging because of changes in social structures resulting from the declining birth rate and an ageing population, among other factors, and intensifying competition across business formats. In addition, the social responsibilities expected of companies have grown, including providing safe and secure food, preventing foreign-material contamination, addressing radiation and allergens, and responding to environmental issues.」
The annual report also reconfirms intensifying competition, changes in social structures, responses to safety and security concerns, and environmental initiatives in the food industry as a challenging operating environment. - FY2019-Q3RestatedAnnual report
「The food industry remained in a challenging operating environment, owing to growing consumer awareness of food safety and security, the continuing preference for low prices, intensifying competition and labour shortages, among other factors.」
Continues to describe the food industry's challenging operating environment resulting from preferences for safety and security and low prices, intensifying competition and labour shortages. - FY2019-Q2RestatedAnnual report
「The food industry remained in a challenging operating environment, owing to growing consumer awareness of food safety and security, the continuing preference for low prices, intensifying competition and labour shortages, among other factors.」
Continues to describe the challenging environment in the food industry resulting from preferences for safety and security and low prices, intensifying competition and labour shortages. - FY2019-Q1RestatedAnnual report
「The food industry remained in a challenging operating environment, owing to growing consumer awareness of food safety and security, the continuing preference for low prices, intensifying competition and labour shortages, among other factors.」
Continues to describe the food industry's challenging operating environment resulting from preferences for safety and security and low prices, intensifying competition and labour shortages. - FY2018RestatedAnnual report
「The environment surrounding the food industry has remained challenging because of changes in social structures resulting from the declining birth rate and an ageing population, among other factors, and intensifying competition across business formats. In addition, the social responsibilities expected of companies have grown, including providing safe and secure food, preventing foreign-material contamination, addressing radiation and allergens, and responding to environmental issues.」
The annual report also describes intensifying competition, changes in social structures, responses to safety and security concerns, and environmental initiatives in the food industry as a challenging operating environment. - FY2018-Q3RestatedAnnual report
「The food industry remained in a challenging operating environment, owing to growing consumer awareness of food safety and security, the continuing preference for low prices, intensifying competition and labour shortages, among other factors.」
Continues to describe the food industry's challenging environment in terms of preferences for safety and security and low prices, together with competition. Labour shortages were recorded separately as a new risk thread. - FY2018-Q2RestatedAnnual report
「The food industry remained in a challenging operating environment, reflecting growing consumer awareness of safety and security, the continued focus on low prices and ongoing competition, among other factors.」
Continues to describe the food industry's challenging environment resulting from preferences for safety and security and low prices, together with ongoing competition. - FY2018-Q1RestatedAnnual report
「The food industry remained in a challenging operating environment, reflecting growing consumer awareness of safety and security, the continued focus on low prices and ongoing competition, among other factors.」
Continues to describe the food industry's challenging environment resulting from preferences for safety and security and low prices, together with ongoing competition, as in the previous quarter and previous fiscal year. - FY2017RestatedAnnual report
「To provide customers with safe and secure products, the Group has made every effort to ensure safety by promoting an ISO9001 quality management system and establishing specialist departments and committees for quality assurance. However, if events beyond the Group's expectations occur, food-safety issues affecting society at large arise, or foreign-material contamination or labelling errors in the Group's products result in recall costs, litigation, damages or other expenses, the Group's operating results and financial condition could be adversely affected.」
Specifies the food industry's safety and security risks as business risks, describing the responses through ISO9001 and quality assurance departments, as well as the potential losses from foreign-material contamination and labelling errors, among other issues. - FY2017RestatedAnnual report
「The environment surrounding the food industry has remained challenging because of changes in social structures resulting from the declining birth rate and an ageing population, among other factors, and intensifying competition across business formats. In addition, the social responsibilities expected of companies have grown, including providing safe and secure food, preventing foreign-material contamination, addressing radiation and allergens, and responding to environmental issues.」
Describes the food industry's challenging environment in terms of preferences for safety and security, intensifying competition, and changes in social structures, as well as responses to foreign-material contamination, radiation and allergens, among other issues. - FY2017-Q3RestatedAnnual report
「The food industry remained in a challenging operating environment, reflecting growing consumer awareness of safety and security, the continued focus on low prices and ongoing competition, among other factors.」
Reiterates the challenging environment in the food industry resulting from preferences for safety and security and low prices, together with ongoing competition. - FY2017-Q2RestatedAnnual report
「The food industry remained in a challenging operating environment, reflecting growing consumer awareness of safety and security, the continued focus on low prices and ongoing competition, among other factors.」
Reiterates the same description as the previous quarter of the food industry's challenging environment resulting from preferences for safety and security and low prices, together with ongoing competition. - FY2017-Q1First statedAnnual report
「The food industry remained in a challenging operating environment, reflecting growing consumer awareness of safety and security, the continued focus on low prices and ongoing competition, among other factors.」
The company collectively identified the focus on safety and security, low prices and continued competition as factors contributing to the food industry's challenging operating environment.