Higher sales volume of processed seafood products
First written in FY2017-Q3. 12 of 23 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2026.
Warabeya Nichiyo Holdings moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Due in part to a decline in transaction volume for processed seafood products, net sales fell to ¥11.197 billion, down ¥179 million, or 1.6%, from the previous fiscal year, and operating income fell to ¥483 million, down ¥26 million, or 5.3%.」
The decline in transaction volume for processed seafood products again became a factor behind lower sales and earnings in the ingredients-related business, with full-year sales down 1.6% and operating profit down 5.3%. - FY2024-Q1MitigatedAnnual report
「Net sales were ¥2,694 million, up ¥81 million, or 3.1%, year on year, and operating profit was ¥52 million, up ¥34 million, or 191.3%, due to an increase in transaction volume for processed seafood and other products.」
This reverses the previous situation, in which lower transaction volume for processed seafood products had been a factor behind lower sales; the increase in transaction volume resulted in higher sales and operating profit in the ingredients-related business. - FY2023-Q1WorsenedAnnual report
「In addition to a ¥537 million reduction in sales resulting from the adoption of accounting standards related to revenue recognition, net sales were ¥2,613 million, down ¥740 million, or 22.1%, year on year, mainly due to a decline in transaction volume for processed seafood products. Operating profit was ¥17 million, down ¥26 million, or 59.5%, year on year, due to the impact of higher purchase prices and other factors.」
The decline in transaction volume for processed seafood products continued, and the reduction in sales from the adoption of the accounting standards added to the pressure, resulting in a 22.1% year-on-year decline in sales and a 59.5% decrease in operating profit in the ingredients-related business. - FY2022WorsenedAnnual report
「Net sales were ¥13,393 million, down ¥1,600 million, or 10.7%, from the previous fiscal year, mainly due to a decline in transaction volume for processed seafood products.」
The decline in transaction volume for processed seafood products continued, with full-year sales in the ingredients-related business down 10.7% year on year. - FY2022-Q3WorsenedAnnual report
「Net sales were ¥10,096 million, down ¥1,195 million, or 10.6%, year on year, mainly due to a decline in transaction volume for processed seafood products.」
The decline in transaction volume for processed seafood products continued, with sales in the ingredients-related business down 10.6% year on year. The decline widened from 7.1% in the same period of the previous year. - FY2022-Q2RestatedAnnual report
「Net sales were ¥6,898 million, down ¥496 million, or 6.7%, year on year, mainly due to a decline in transaction volume for processed seafood products.」
The decline in transaction volume for processed seafood products continued, with sales in the ingredients-related business down 6.7% year on year. - FY2021WorsenedAnnual report
「Net sales were ¥14,994 million, down ¥1,289 million, or 7.9%, from the previous fiscal year, mainly due to declines in transaction volume for certain processed seafood and processed chicken products. In terms of earnings, in addition to the impact of lower sales, an inventory valuation loss was recorded, resulting in an operating loss of ¥757 million, compared with an operating loss of ¥216 million in the previous fiscal year.」
The decline in transaction volume for processed seafood and processed chicken products continued, and the operating loss in the ingredients-related business widened from ¥216 million in the previous year to ¥757 million. - FY2021-Q3WorsenedAnnual report
「Net sales were ¥11,292 million, down ¥859 million, or 7.1%, year on year, mainly due to declines in transaction volume for certain processed seafood and processed chicken products. In terms of earnings, in addition to the impact of lower sales, an inventory valuation loss was recorded, resulting in an operating loss of ¥730 million, compared with an operating loss of ¥73 million in the same period of the previous year.」
The decline in transaction volume for processed seafood and processed chicken products continued, with sales in the ingredients-related business down 7.1% and an operating loss of ¥730 million. The loss widened from ¥73 million in the same period of the previous year. - FY2021-Q2WorsenedAnnual report
「Net sales were ¥7,395 million, down ¥1,033 million, or 12.3%, year on year, mainly due to declines in transaction volume for processed seafood and processed chicken products. In terms of earnings, in addition to the impact of lower sales, an inventory valuation loss was recorded, resulting in an operating loss of ¥658 million, compared with an operating loss of ¥87 million in the same period of the previous year.」
The decline in transaction volume for processed seafood and processed chicken products continued, with sales in the ingredients-related business down 12.3% and an operating loss of ¥658 million. The operating loss widened from the same period of the previous year, and an inventory valuation loss also contributed. - FY2021-Q1WorsenedAnnual report
「Net sales were ¥3,362 million, down ¥603 million, or 15.2%, year on year, mainly due to declines in transaction volume for processed seafood and processed chicken products. In terms of earnings, in addition to the impact of lower sales, an inventory valuation loss was recorded, resulting in an operating loss of ¥181 million, compared with operating profit of ¥14 million in the same period of the previous year.」
In addition to lower transaction volume for processed seafood products, declines in processed chicken products and an inventory valuation loss compounded the pressure, resulting in a 15.2% decrease in sales and an operating loss of ¥181 million in the ingredients-related business. - FY2020Update to full-year resultsAnnual report
「Net sales were ¥16,283 million, down ¥1,172 million, or 6.7%, from the previous fiscal year, mainly due to declines in transaction volume for processed seafood and processed chicken products. In terms of earnings, in addition to the impact of lower sales, an inventory valuation loss was recorded, resulting in an operating loss of ¥216 million, compared with operating profit of ¥115 million in the previous fiscal year.」
Due to declines in transaction volume for processed seafood and processed chicken products and an inventory valuation loss, full-year sales in the ingredients-related business fell 6.7%, resulting in an operating loss of ¥216 million. - FY2020-Q3RestatedAnnual report
「Net sales were ¥12,151 million, down ¥1,419 million, or 10.5%, year on year, mainly due to declines in transaction volume for processed seafood and processed chicken products. In terms of earnings, in addition to the impact of lower sales, an inventory valuation loss was recorded, resulting in an operating loss of ¥73 million, compared with operating profit of ¥112 million in the same period of the previous year.」
The decline in transaction volume for processed seafood and processed chicken products continued, and the inventory valuation loss added to the pressure, causing the ingredients-related business to swing from operating profit in the previous year to an operating loss. - FY2020-Q2WorsenedAnnual report
「Net sales were ¥8,428 million, down ¥605 million, or 6.7%, year on year, mainly due to declines in transaction volume for processed seafood and processed chicken products. In terms of earnings, in addition to the impact of lower sales, an inventory valuation loss was recorded, resulting in an operating loss of ¥87 million, compared with operating profit of ¥84 million in the same period of the previous year.」
The decline in transaction volume for processed seafood and processed chicken products continued, and the inventory valuation loss added to the pressure, causing the ingredients-related business to swing to an operating loss. - FY2020-Q1RestatedAnnual report
「Net sales were ¥3,965 million, down ¥339 million, or 7.9%, year on year, and operating profit was ¥14 million, down ¥24 million, or 63.1%, mainly due to declines in transaction volume for processed seafood and processed chicken products.」
The decline in transaction volume for processed seafood products continued, and a decline in processed chicken products was also noted. Sales in the ingredients-related business fell 7.9%, while operating profit fell 63.1%. - FY2019Update to full-year resultsAnnual report
「Net sales were ¥17,455 million, down ¥7,017 million, or 28.7%, from the previous fiscal year, and operating profit was ¥115 million, down ¥327 million, or 74.0%, due mainly to lower transaction volume for processed seafood products, including salmon and roe, amid intensifying competition.」
The figures were updated to full-year results for the ingredients-related business. The decline in transaction volume for processed seafood products continued, with sales down 28.7% and operating profit down 74.0%. - FY2019-Q3WorsenedAnnual report
「Net sales were ¥13,570 million, down ¥5,600 million, or 29.2%, year on year, and operating profit was ¥112 million, down ¥278 million, or 71.3%, due mainly to lower transaction volume for processed seafood products, including salmon and roe, amid intensifying competition, as well as a review of certain low-margin transactions.」
The decline in transaction volume for processed seafood products continued, and intensifying competition was also explicitly cited. Sales in the ingredients-related business fell 29.2%, while operating profit fell 71.3%. - FY2019-Q1Widening declines in sales and earnings due to lower transaction volumeAnnual report
「Net sales were ¥4,305 million, down ¥1,766 million, or 29.1%, year on year, and operating profit was ¥39 million, down ¥62 million, or 61.5%, mainly due to a decline in transaction volume for processed seafood products.」
The decline in transaction volume for processed seafood products continued, with sales in the ingredients-related business down 29.1% and operating profit down 61.5%. - FY2018RestatedAnnual report
「Despite an increase in transaction volume for agricultural products, net sales were ¥24,473 million, up ¥132 million, or 0.5%, from the previous fiscal year, mainly due to a decline in transaction volume for processed seafood products.」
The decline in transaction volume for processed seafood products is cited as a factor behind full-year sales in the ingredients-related business. - FY2018-Q2Reversal from an increase to a decrease in transaction volumeAnnual report
「Net sales were ¥13,092 million, down ¥225 million, or 1.7%, year on year, mainly due to a decline in transaction volume for processed seafood products.」
This reverses the previous description, which had cited an increase in transaction volume for processed seafood products as a factor driving higher sales; the decline in transaction volume resulted in a 1.7% decrease in sales in the ingredients-related business. - FY2017RestatedAnnual report
「Due in part to an increase in transaction volume for processed seafood products, revenue was ¥24,341 million (up ¥195 million, or 0.8%, from the previous fiscal year).」
The increase in transaction volume for processed seafood products is cited again as a factor behind the increase in full-year revenue in the food ingredients-related business. - FY2017-Q3First statedAnnual report
「Due in part to an increase in transaction volume for processed seafood products, revenue was ¥19,094 million (up ¥779 million, or 4.3%, year on year).」
In the food ingredients-related business, the increase in transaction volume for processed seafood products was explicitly identified for the first time as a factor behind the 4.3% increase in revenue.