Price Revisions and Structural Reform in Response to Rising Raw Material Costs
First written in FY2021. 6 of 15 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026-H1.
3 other companies' latest entry also says "Other".
- FY2026-H1Continuing measures to improve profitability despite reduced sales opportunities from product consolidationAnnual report
「Sales of mayonnaise and dressings increased, but sales declined year on year due to lower sales of processed egg products, salads and prepared foods, which had been included in the previous fiscal year, as well as fewer sales opportunities resulting from product consolidation and discontinuation.」
While proceeding with product consolidation and discontinuation, the decline in sales opportunities for existing products emerged as a factor behind lower revenue. In response to higher raw material, labor and logistics costs, the company continues to select products, improve production efficiency, implement consolidated production, and reduce factory expenses and administrative costs. - FY2025-H1AdvancedAnnual report
「The Group will consolidate and discontinue products after identifying the products that should be sold, and will promote sales of products that can secure profit. It will also improve production efficiency and implement consolidated production, reduce factory expenses and administrative costs, and aim for higher revenue and profit.」
The company identified continued price revisions, product consolidation and discontinuation, sales of profitable products, improved production efficiency, consolidated production, and reductions in factory expenses and administrative costs as specific earnings improvement measures. - FY2024AdvancedAnnual report
「In addition to the price revisions for mayonnaise products, which had been pursued since the previous consolidated fiscal year, the company implemented price revisions for processed egg products, salads and prepared foods, and pursued other earnings improvement measures, including higher production efficiency. As a result, profit increased from the previous consolidated fiscal year.」
The company expanded price revisions to multiple product groups, addressed higher raw material costs through the penetration of price revisions and higher production efficiency, and achieved higher profit. - FY2024-Q3AdvancedAnnual report
「In addition to the price revisions for mayonnaise products, which had been pursued since the previous consolidated fiscal year, the company implemented price revisions for processed egg products, salads and prepared foods, and pursued other earnings improvement measures, including higher production efficiency. As a result, profit increased year on year.」
In response to higher raw material and energy costs, the company expanded the products subject to price revisions from mayonnaise products to processed egg products, salads and prepared foods, while also improving production efficiency. Cumulative profit for the first 3 quarters increased year on year. - FY2024-Q2AdvancedAnnual report
「With regard to profit, raw material prices and energy costs remained high, but profit increased year on year as price revisions for mayonnaise products introduced from the previous fiscal year took effect, price revisions were implemented for processed egg products, salads and prepared foods, and earnings improvement measures including expense reductions were pursued.」
The company expanded price revisions from its traditional mayonnaise products to processed egg products, salads and prepared foods, and secured higher profit year on year together with expense reductions. - FY2024-Q1RestatedAnnual report
「The Group will continue initiatives to improve earnings through measures addressing raw materials and structural reforms, alongside efforts to expand sales.」
In response to higher raw material costs, the company continues to pursue earnings improvement through sales expansion, raw material measures and structural reforms. - FY2023Continued additional price revisions and efficiency measures, but profit declinedAnnual report
「In response to the sharp increases in raw material prices and energy costs, the company proceeded with further price revisions from October 2022, improved factory capacity utilization as sales increased, and pursued other earnings improvement measures, including expense reductions. However, profit declined year on year.」
The company continued price revisions, improved factory capacity utilization and reduced expenses, and proceeded with additional price increases from October 2022. However, for the full year, it was unable to absorb the increase in raw material and energy costs, resulting in lower profit. - FY2023-Q3AdvancedAnnual report
「In response to the sharp increases in raw material prices and energy costs, the company proceeded with further price revisions from October 2022, improved factory capacity utilization as sales increased, and pursued other earnings improvement measures, including expense reductions. However, profit declined year on year.」
In response to higher raw material and energy costs, the company proceeded with additional price revisions from October 2022, while also improving factory capacity utilization and reducing expenses. - FY2023-Q2Profit declined despite continued price revisions and profitability improvement measuresAnnual report
「Regarding profit, although we pursued price revisions, including for mayonnaise products, improved factory utilization accompanying higher sales, and other measures to improve profitability in response to further increases in raw material prices and energy costs, including those caused by the weakening yen, consolidated operating profit and consolidated ordinary profit both declined year on year.」
The company proceeded with price revisions, higher capacity utilization and expense reductions in response to higher raw material and energy costs, but operating income and ordinary income declined year on year. - FY2023-Q1RestatedAnnual report
「Although we pursued earnings improvements, including price revisions for mayonnaise products and other items, higher plant operating rates associated with increased sales and expense reductions in response to soaring raw material and energy costs, profit declined year on year.」
The company continued price revisions, higher factory operating rates and expense reductions related to measures addressing raw materials and structural reforms, but profit declined due to soaring raw material and energy costs. - FY2022Profit declined despite continued price revisions and profitability improvement measuresAnnual report
「Although we pursued price revisions and company-wide expense reductions, including plant cost reductions, in response to the significant increase in costs resulting from further increases in raw material prices, profit declined from the previous consolidated fiscal year.」
As part of measures addressing raw materials and structural reforms, the company pursued price revisions, cost reductions at factories and company-wide expense reductions, but full-year profit fell below the previous year. - FY2022-Q3Profit declined despite continued measures due to higher raw material costsAnnual report
「Although we pursued company-wide expense reductions, including plant cost reductions, and proceeded with price revisions for mayonnaise products in response to the significant increase in costs resulting from further increases in raw material prices, profit declined year on year.」
The company continued price revisions, cost reductions and expense reductions related to measures addressing raw materials and structural reforms, but could not fully absorb the cost increases caused by higher raw material prices, resulting in lower profit year on year. - FY2022-Q2AdvancedAnnual report
「Although costs increased substantially due to further rises in raw material prices, we secured higher profit year on year as a result of improving profitability through higher factory operating rates accompanying increased sales, expense reductions and other measures, as well as implementing price revisions for mayonnaise products.」
In response to soaring raw material prices, the company increased factory operating rates, reduced expenses and revised prices for mayonnaise products, securing higher profit year on year. - FY2022-Q1RestatedAnnual report
「Alongside initiatives to expand sales, our group continues to pursue profit improvement through measures addressing raw materials and structural reforms.」
In response to soaring raw material prices, the company continues to expand sales and improve profitability through measures addressing raw materials and structural reforms. - FY2021First statedAnnual report
「In response to this challenging business environment, we decided to raise prices for mayonnaise products by 3–10% from July 2021. Going forward, we will pursue initiatives to improve profitability through measures addressing raw materials and structural reforms.」
In response to rising raw material prices, the company raised prices for mayonnaise products by 3–10% from July 2021 and is pursuing profit improvement through measures addressing raw materials and structural reforms.