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Ichimasa Kamaboko (2904) · RiskRestatedLatest Revision of earnings forecasts (2026-07-31): "Worsened"

Continued consumer focus on savings and low prices, and ongoing price competition

First written in FY2017-Q1. 15 of 25 entries say "Restated". Latest entry: 2026-07-31.

25entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2020-Q2WorsenedFY2022-Q1 – FY2024-Q1RestatedFY2025-H1 – 2026-05-142016: 12017: 420172018: 320182019: 120192020: 220202021: 320212022: 220222023: 220232024: 320242025: 220252026: 22026
Same theme, other companies
Deteriorating sales environment due to thrift, low-price preferences, and price competitionA theme 23 companies write about · 23 as a headwind · 0 as a tailwind

Ichimasa Kamaboko 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 2020: 12 of 19 companies on the "Worse" side.

7 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.
Showing 14 of the 23 companies compared. The sentences above are computed from all 23.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「In the food industry, as product price revisions to reflect higher costs continue, consumers' inclination to save and concern about protecting their household finances have strengthened further, making the operating environment surrounding the Group more challenging than ever.」

    The company indicates that consumers' inclination to save and concern about protecting their household finances have strengthened as product price revisions continue, and that the challenging operating environment is continuing.
  2. FY2025-H1RestatedAnnual report

    「In the food industry, as price increases to reflect higher costs continue, consumers have become more concerned than ever about protecting their household finances, making the operating environment surrounding the Group more challenging than ever.」

    The company indicates that consumers' concern about protecting their household finances has strengthened beyond previous levels as product price increases continue, and that the challenging operating environment is continuing.
  3. FY2024WorsenedAnnual report

    「Domestic prices have risen as higher raw material and energy costs have been passed through to product prices, while real wages remained negative for 26 consecutive months through May 2024, further strengthening consumers' concern about protecting their household finances.」

    The company states that real wages remained negative for 26 consecutive months, and that rising prices and sluggish wage growth have further strengthened consumers' concern about protecting their household finances.
  4. FY2024-Q3WorsenedAnnual report

    「As wage growth has failed to keep pace with increases in prices and other costs, consumers have become more concerned than ever about protecting their household finances, making the operating environment surrounding the Group increasingly challenging.」

    The company states that the failure of wage growth to keep pace with price increases is a new factor behind stronger consumer concern about protecting household finances and a more challenging operating environment.
  5. FY2024-Q2RestatedAnnual report

    「As a result, prices have continued to rise, strengthening consumers' concern about protecting their household finances beyond previous levels and making the operating environment surrounding the Group more challenging than ever.」

    The company indicates that continued price increases have strengthened consumers' concern about protecting their household finances beyond previous levels and that the challenging operating environment is continuing.
  6. FY2024-Q1WorsenedAnnual report

    「As prices have continued to rise as a result of these developments, consumers have become more concerned than ever about protecting their household finances, making the operating environment surrounding the Group more challenging than ever.」

    The company states that continued price increases have strengthened consumers' concern about protecting their household finances beyond previous levels, making the operating environment more challenging than ever.
  7. FY2023-Q3WorsenedAnnual report

    「Many companies, including the Group, have revised prices to offset rising costs, and prices for various goods have increased. As a result, consumers have become more inclined to save, making the operating environment surrounding the Group more challenging than ever.」

    The company states that higher prices for goods resulting from rising costs have strengthened consumers' inclination to save, further intensifying the challenging environment associated with the existing risks of low-price preferences and price competition.
  8. FY2022-Q3WorsenedAnnual report

    「Various costs, including raw materials such as surimi, energy led by crude oil, and labor costs due to increasingly chronic labor shortages, have risen substantially beyond expectations. These prices may rise further amid unstable social conditions, making the operating environment surrounding the Group even more challenging.」

    The company states that raw material and energy prices and labor costs have risen substantially beyond expectations and may rise further, making the operating environment more challenging.
  9. FY2022-Q2WorsenedAnnual report

    「In addition, various costs have risen beyond expectations, including prices for surimi and other raw materials, energy prices amid the recovery of the global economy, and labor costs amid increasingly chronic labor shortages. The business environment surrounding our group is becoming even more difficult.」

    The company states that, in addition to the longstanding preference for low prices, surging raw material and energy prices and rising labor costs due to increasingly chronic labor shortages have risen beyond expectations, making the operating environment even more challenging.
  10. FY2022-Q1WorsenedAnnual report

    「In addition, various costs are rising, including prices for raw materials such as surimi and for energy, as well as labor costs, which are increasing against a backdrop of labor shortages. The business environment surrounding our group is becoming increasingly difficult.」

    The company states that, in addition to the longstanding preference for low prices, surging raw material and energy prices and rising labor costs have progressed, making the operating environment even more challenging.
  11. FY2021-Q3RestatedAnnual report

    「There are concerns that deflation may return as difficult economic conditions persist, while costs are expected to rise, including higher labor costs due to surging raw material prices and labor shortages. The operating environment surrounding the Group therefore remains challenging.」

    The company continues to recognize a challenging operating environment, including concerns about a return to deflation, surging raw material prices and higher labor costs resulting from labor shortages.
  12. FY2021-Q2RestatedAnnual report

    「As consumers refrained from eating out in response to COVID-19, more meals were prepared at home and purchases through food delivery services and e-commerce sites increased, resulting in major changes in consumer consumption and purchasing behavior as consumers adapted to the new lifestyle known as the new normal.」

    The company continues to state that, under the new normal, at-home dining, food delivery and use of e-commerce sites have increased, resulting in major changes in consumer consumption and purchasing behavior.
  13. FY2021-Q1ReframedAnnual report

    「As society has required a new lifestyle known as the new normal in response to COVID-19, stay-at-home consumption has increased, while consumers have avoided eating out and demand for delivery has risen, making future consumer demand trends difficult to predict. There are also concerns that deflation may return as difficult economic conditions persist, while costs are expected to rise, including higher labor costs due to surging raw material prices and labor shortages. The operating environment surrounding the Group therefore remains challenging.」

    The company describes a new consumption and cost environment, including the new normal, increased stay-at-home and delivery demand, and concerns about a return to deflation, in addition to its previous recognition of low-price preferences and price competition.
  14. FY2020-Q2RestatedAnnual report

    「The environment surrounding the Group remains challenging. Consumers' preference for low prices remains deeply entrenched and concern about household finances has become the norm, while costs are expected to rise, including higher labor costs due to surging raw material prices and labor shortages.」

    The company continues to recognize a challenging operating environment, including the persistence of consumers' preference for low prices and concern about household finances, as well as higher labor costs resulting from surging raw material prices and labor shortages.
  15. FY2020-Q1RestatedAnnual report

    「The environment surrounding the Group remains challenging. Consumers' preference for low prices remains deeply entrenched and concern about household finances has become the norm, while costs are expected to rise, including higher labor costs due to surging raw material prices and labor shortages.」

    The company continues to recognize consumers' preference for low prices and ongoing concern about household finances, together with rising costs, including raw material and labor costs, as a challenging operating environment.
  16. FY2018RestatedAnnual report

    「The operating environment surrounding the Group remains challenging, as consumers continue to show a deeply entrenched preference for saving and low prices amid heightened concern about household finances, while consumer needs diversify and price competition continues.」

    The company continues to regard consumers' preference for savings and low prices arising from concern about household finances, diversifying consumer needs and ongoing price competition as a challenging business environment.
  17. FY2018-Q3RestatedAnnual report

    「The business environment surrounding the group remains difficult, with strong preferences for saving and low prices and the need to address increasingly diverse consumer needs.」

    The company describes consumer preferences for savings and low prices and the need to respond to diversifying consumer needs as risks arising from the continued challenging business environment.
  18. FY2018-Q2RestatedAnnual report

    「The business environment surrounding the group remains difficult, with strong preferences for saving and low prices and the need to address increasingly diverse consumer needs.」

    The company continues to disclose consumer preferences for savings and low prices and the need to respond to diversifying consumer needs as challenging business conditions.
  19. FY2018-Q1RestatedAnnual report

    「The business environment surrounding the group remains difficult, as preferences for saving and low prices have not abated and the company is required to address increasingly diverse consumer needs.」

    The company continues to disclose the persistence of consumer preferences for savings and low prices and the need to respond to diversifying consumer needs as challenging business conditions.
  20. FY2017RestatedAnnual report

    「Consumers' thrift and preference for low prices remain firmly entrenched due to concerns about household finances, while increasingly diverse consumer needs and continued price competition have resulted in an ongoing challenging environment.」

    The business environment remains challenging, with continued consumer preference for savings and low prices, diversifying needs and ongoing price competition.
  21. FY2017-Q3RestatedAnnual report

    「The business environment surrounding the group remains difficult, with strong preferences for saving and low prices driven by consumers’ desire to protect their household finances, increasingly diverse consumer needs and continuing price competition.」

    The company continues to identify consumers' thrift and preference for low prices, increasingly diverse consumer needs and continued price competition as risks in a challenging business environment this quarter.
  22. FY2017-Q2RestatedAnnual report

    「The business environment surrounding the group remains difficult, with strong preferences for saving and low prices driven by consumers’ desire to protect their household finances, increasingly diverse consumer needs and continuing price competition.」

    The company continues to identify consumers' thrift and preference for low prices, increasingly diverse consumer needs and continued price competition as risks in a challenging business environment this quarter.
  23. FY2017-Q1First statedAnnual report

    「The business environment surrounding the group remains difficult, with strong preferences for saving and low prices, increasingly diverse consumer needs and continuing price competition.」

    The company identifies consumers' thrift and preference for low prices, increasingly diverse consumer needs and continued price competition as business-environment risks for the current quarter.
Moved together

"Impact of high temperatures and the lingering summer heat on seasonal product sales and mushroom market prices" moved the same way as this thread, in the same document, in 8 of its 25 moves.

853322★123456
  1. ★This thread
  2. 1Impact of high temperatures and the lingering summer heat on seasonal product sales and mushroom market prices8×
  3. 2Risk of Raw Material Sourcing and Price Volatility for Surimi and Other Ingredients5×
  4. 3Growing Uncertainty in the Global Economy Due to Protectionism and US-China Trade Friction3×
  5. 4Risk to Business Activities and Demand Trends from COVID-193×
  6. 5Risks associated with the expansion and monetisation of overseas operations2×
  7. 6Counterparty Insolvency and Receivables Collection Risk2×

★ 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.

When this could move next
No upcoming earnings preview for Ichimasa Kamaboko yet. It last moved in the Revision of earnings forecasts of 2026-07-31: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Continued consumer focus on savings and low prices, and ongoing price competition | ICHIMASA KAMABOKO CO.,LTD. (2904) | Komori