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Nihon Shokuhin Kako (2892) · RiskWorsened

Changes in Market Conditions Caused by Imports of Low-Priced Competing Products

First written in FY2016. 4 of 10 entries say "Materialised", first in FY2018-Q1. Latest entry: FY2026.

10entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018-Q1 – FY2018RestatedFY2019 – FY20252016: 120162017: 220172018: 220182019: 120192020: 120202021: 120212022: 020222023: 020232024: 020242025: 120252026: 12026
Same theme, other companies
Intensification of Domestic Price Competition Due to the Inflow of Low-Priced Overseas ProductsA theme 13 companies write about · 13 as a headwind · 0 as a tailwind

Nihon Shokuhin Kako moved to the "Worse" side of this theme in 2017.

The whole theme swung hardest in 2017: 1 of 7 companies on the "Worse" side.

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

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. FY2026WorsenedAnnual report

    「Geopolitical risks, including the situation in the Middle East and the protracted situation in Ukraine, have kept raw material and fuel prices elevated and procurement uncertainty ongoing, while future developments remain difficult to predict. In Japan, the domestic market outlook also remains difficult to forecast, including because the procurement of materials such as packaging containers has become unstable.」

    In addition to risks from competing product imports and the domestic market, the discussion explicitly identifies procurement uncertainty for raw materials, fuel and packaging materials caused by geopolitical conditions.
  2. FY2025RestatedAnnual report

    「The outlook for competition among competing companies remains difficult to predict, given the need to secure market share, and there are concerns about excessive price declines that do not reflect raw material market trends.」

    The discussion continues to identify market environment risks arising from trends among competitors and imported products and price declines inconsistent with raw material market trends.
  3. FY2021RestatedAnnual report

    「Depending on future trends in imports of competing products and, further, trends in the domestic market, the Company's operating results, financial condition and cash flows may be affected.」

    In addition to trends in imports of low-priced competing products, the discussion continues to describe the potential impact of domestic market trends.
  4. FY2020RestatedAnnual report

    「Depending on future trends in imports of competing products and, in addition, trends in the domestic market, the Company's operating results, financial condition and cash flows may be affected.」

    The discussion continues to describe the potential impact of import trends for competing products, together with domestic market trends and the difficulty of forecasting the market outlook due to COVID-19.
  5. FY2019RestatedAnnual report

    「Amid an uncertain international environment due to Brexit and other factors, foreign exchange markets are also difficult to predict. Depending on future trends in imports of competing products, the Company's operating results, financial condition and cash flows may be affected.」

    The discussion continues to describe the potential impact of import trends for competing products against a backdrop of uncertainty in the international environment and foreign exchange markets.
  6. FY2018MaterialisedAnnual report

    「Although shipments of starch products for processed foods were strong, shipments of starch products for papermaking were affected by intensifying competition among companies and low-priced imports, and sales of starch products as a whole remained sluggish.」

    Intensifying competition among companies and low-priced imports have actually resulted in sluggish sales of starch products for papermaking.
  7. FY2018-Q3MaterialisedAnnual report

    「Although shipments of starch products for processed foods were strong, shipments of starch products for papermaking were affected by low-priced imports, and sales of starch products as a whole remained sluggish.」

    The discussion states that low-priced imports continue to have an actual impact on shipments of starch products for papermaking.
  8. FY2018-Q2MaterialisedAnnual report

    「Although shipments of starch products for processed foods were strong, shipments of starch products for papermaking were affected by low-priced imports, and sales of starch products as a whole remained sluggish.」

    The discussion states that low-priced imports continue to have an actual impact on shipments of starch products for papermaking.
  9. FY2018-Q1MaterialisedAnnual report

    「Although shipments of starch products for confectionery and processed foods were firm, shipments of starch products for papermaking were affected by low-priced imports, and sales of starch products as a whole remained sluggish.」

    The discussion states that low-priced imports have had an actual impact on shipments of starch products for papermaking.
  10. FY2016First statedAnnual report

    「Although the contents announced following the broad agreement among the countries participating in the TPP negotiations indicate that imports of low-priced competing products could change the market environment, we currently assess the impact on the Company's business as limited. However, depending on future trends in imports of competing products, the Company's operating results, financial condition and cash flows may be affected.」

    While assessing the current impact as limited, the discussion describes the potential impact of future import trends.
Moved together

"Population decline, oversupply, falling unit selling prices, and declining consumer preference for sweet products" moved the same way as this thread, in the same document, in 4 of its 10 moves.

42★12
  1. ★This thread
  2. 1Population decline, oversupply, falling unit selling prices, and declining consumer preference for sweet products4×
  3. 2Corn, Fuel, Foreign Exchange and Freight Price Volatility and Procurement Risks2×

★ 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.

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Nihon Shokuhin Kako's next results are scheduled for 2026-10-30. Read the earnings preview
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Changes in Market Conditions Caused by Imports of Low-Priced Competing Products | NIHON SHOKUHIN KAKO CO.,LTD. (2892) | Komori