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Nihon Shokuhin Kako (2892) · RiskWorsened

Decline in sales volume of saccharification products due to logistics restrictions before and after the extended holiday period and a pullback in demand

First written in FY2020-Q1. 3 of 6 entries say "Restated". Latest entry: FY2026.

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ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2020WorsenedFY2025 – FY20262019: 220192020: 220202021: 020212022: 020222023: 020232024: 020242025: 120252026: 12026
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  1. FY2026WorsenedAnnual report

    「Following amendments to the Act on the Promotion of Efficient Physical Distribution, from fiscal 2026, shippers handling cargo above a specified volume will be designated as specified business operators and will be required to appoint a logistics management officer and formulate and implement medium- to long-term plans covering improvements in loading efficiency and reductions in waiting and cargo-handling times, among other matters.」

    In addition to the 2024 logistics issue, from fiscal 2026 specified shippers will be required to appoint logistics management officers and formulate plans, giving concrete form to the associated compliance burden and delivery-constraint risks.
  2. FY2025WorsenedAnnual report

    「The Act Partially Amending the Act on Promotion of Comprehensive and Efficient Distribution Operations and the Freight Motor Transport Business Act, promulgated in 2024, was partially enforced on 1 April 2025. Under the Act on the Promotion of Efficient Physical Distribution, all shippers are required to make efforts to improve logistics efficiency, and the Company expects product transportation to become increasingly difficult under the existing transportation system.」

    In addition to the 2024 logistics issue, the laws related to logistics efficiency that came into force in April 2025 explicitly indicate that the existing transportation system may become even more difficult to maintain.
  3. FY2020RestatedAnnual report

    「In addition to demand for the extended holiday period coinciding with the change of era being brought forward from the end of the previous fiscal year, sales were affected by cool weather during the rainy season and unfavorable summer weather, resulting in lower sales volumes of saccharification products for beer-based beverages and soft drinks.」

    The annual results also described lower sales volumes of saccharification products due to demand for the extended holiday period being brought forward and subsequently rebounding, as well as cool weather during the rainy season and unfavorable summer weather.
  4. FY2020-Q3RestatedAnnual report

    「In terms of sales, temperatures from April onward were higher than the previous year due to favorable weather. However, in addition to demand for the extended holiday period coinciding with the change of era being brought forward from the end of the previous fiscal year, sales were affected by cool weather during the rainy season and unfavorable summer weather, resulting in lower sales volumes of saccharification products for third-category beer and soft drinks.」

    The Company continued to describe the decline in saccharification product sales volumes resulting from demand for the extended holiday period being brought forward, cool weather during the rainy season, and unfavorable summer weather.
  5. FY2020-Q2RestatedAnnual report

    「In terms of sales, temperatures were higher than the previous year and weather conditions were favorable from April onward. However, demand for the May holiday period, which coincided with the change of era, began to be brought forward from the end of the previous fiscal year, and adverse summer weather also had an impact. As a result, sales volumes of saccharification products for third-category beer and soft drinks declined.」

    The Company continued to describe lower sales volumes of saccharification products due to demand being brought forward and subsequently rebounding around the extended holiday period, as well as unfavorable summer weather.
  6. FY2020-Q1First statedAnnual report

    「In addition to demand for the extended holiday period coinciding with the change of era being brought forward from the end of the previous fiscal year, the Company was affected by logistics restrictions before and after the holiday period, as well as a subsequent rebound, resulting in lower sales volumes of saccharification products for the third-category beer and soft-drink markets.」

    The impact of demand being brought forward and subsequently rebounding around the extended holiday period, together with logistics restrictions, was specifically described for the first time as a decline in sales volumes of saccharification products for the third-category beer and soft-drink markets.
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Decline in sales volume of saccharification products due to logistics restrictions before and after the extended holiday period and a pullback in demand | NIHON SHOKUHIN KAKO CO.,LTD. (2892) | Komori