Laws and Regulations and Policy Changes Concerning Raw Material Imports and High-Fructose Syrup
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: 2026-04-30.
Nihon Shokuhin Kako moved to the "Worse" side of this theme in 2024.
1 other company's latest entry also says "Restated".
- 2026-04-30RestatedEarnings
「Since 1 April 2024, the operation of the high-fructose corn syrup adjustment payment system has been reviewed in line with the policy of the Ministry of Agriculture, Forestry and Fisheries, and adjustment payments for high-fructose corn syrup have continued to arise.」
The Company reiterated that high-fructose corn syrup adjustment payments continue to arise and described its efforts to reflect them in selling prices. - FY2025MaterialisedAnnual report
「In fact, high-fructose corn syrup adjustment payments have continued to arise over the past year, and the Company expects this to continue.」
The Company expressly states that high-fructose corn syrup adjustment payments have in fact continued to arise following the review of system operation. Reflecting them in selling prices and making requests to the Ministry of Agriculture, Forestry and Fisheries concerning system operation are identified as responses. - FY2024WorsenedAnnual report
「From 1 April 2024, a review of the operation of the high-fructose corn syrup adjustment payment system based on Ministry of Agriculture, Forestry and Fisheries policies created an environment in which high-fructose corn syrup adjustment payments are more likely to arise. The Company is working to reflect these payments in selling prices with the understanding of its customers, but if they cannot be appropriately reflected, the Company’s operating performance, financial position and cash flows may be affected.」
The Company newly specifies that the review of the high-fructose corn syrup adjustment payment system has created a policy environment in which adjustment payments are more likely to arise, and that failure to appropriately reflect them in selling prices may have an impact. - FY2021RestatedAnnual report
「The Company is working to communicate requests concerning the operation of the system to the Ministry of Agriculture, Forestry and Fisheries, with the aim of ensuring that the funding burden borne by the industry is appropriately structured.」
The Company continues to disclose the risk of fluctuations in cost burdens arising from laws and regulations and policy measures relating to raw-material imports and high-fructose corn syrup, and identifies requests concerning system operation as a response. - FY2020RestatedAnnual report
「The Company’s import of raw-material corn and the manufacture and sale of high-fructose corn syrup, a major product of its saccharification products segment, are subject to laws and regulations intended to protect domestic potato starch and sugar businesses and producers. Changes in cost burdens arising from Ministry of Agriculture, Forestry and Fisheries policies may cause fluctuations in the starch adjustment payment or high-fructose corn syrup adjustment payment, resulting in increases or decreases in product manufacturing costs and potentially affecting the Company’s operating performance, financial position and cash flows.」
The Company continues to disclose the application of laws and regulations relating to raw-material imports and high-fructose corn syrup, as well as the risk of cost burdens arising from changes in Ministry of Agriculture, Forestry and Fisheries policies. - FY2019RestatedAnnual report
「The Company’s import of raw-material corn and the manufacture and sale of high-fructose corn syrup, a major product of its saccharification products segment, are subject to laws and regulations intended to protect domestic starch and sugar businesses and producers. Changes in Ministry of Agriculture, Forestry and Fisheries policies or in cost burdens arising from policy measures may affect the Company’s operating performance, financial position and cash flows.」
The Company continues to disclose the application of laws and regulations relating to raw-material imports and high-fructose corn syrup, as well as the risk of changes in Ministry of Agriculture, Forestry and Fisheries policies. - FY2018RestatedAnnual report
「The Company’s import of raw-material corn and the manufacture and sale of high-fructose corn syrup, a major product of its saccharification products segment, are subject to laws and regulations intended to protect domestically produced starch and sugar. Changes in Ministry of Agriculture, Forestry and Fisheries policies or in cost burdens arising from policy measures may affect the Company’s operating performance, financial position and cash flows.」
The Company continues to disclose the application of laws and regulations relating to raw-material imports and high-fructose corn syrup, as well as the risk of changes in Ministry of Agriculture, Forestry and Fisheries policies. - FY2016First statedAnnual report
「The Company’s import of raw-material corn and the manufacture and sale of high-fructose corn syrup, a major product of its saccharification products segment, are subject to laws and regulations intended to protect domestically produced starch and sugar. Changes in Ministry of Agriculture, Forestry and Fisheries policies or in cost burdens arising from policy measures may affect the Company’s operating performance, financial position and cash flows.」
The application of laws and regulations and changes in Ministry of Agriculture, Forestry and Fisheries policies and cost burdens are identified as external risks.