Komori
Natori (2922) · InitiativeAdvancedLatest Results (2026-11-11): "Restated"

Changes in the Sourcing Locations of Japanese Flying Squid and Specifications of Squid Products

First written in FY2017. 14 of 25 entries say "Restated". Latest entry: 2026-11-11.

25entries
10years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2023-Q32017: 120172018: 420182019: 220192020: 120202021: 220212022: 320222023: 420232024: 320242025: 120252026: 42026
Same theme, other companies
Addressing Supply Constraints through Material Substitution and Supplier DiversificationA theme 57 companies write about · 7 as a headwind · 51 as a tailwind

The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.

19 other companies' latest entry also says "Restated".

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 57 companies compared. The sentences above are computed from all 57.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The company worked to establish a stable supply system for its products by using alternative raw materials and changing production locations for seafood products such as salmon and cod surimi.」

    The company implemented the use of alternative raw materials and changes in production locations to ensure a stable supply of seafood products.
  2. 2026-05-13AdvancedResults

    「2025年6月より段階的に価格改定及び内容量変更を進めた「いか製品」等の販売数量が一時的に落ち込んだ影響等により、減収となりました。」

    いか製品等で価格改定・内容量変更を段階的に実施した結果と、販売数量への影響を記載した。
  3. FY2026-H1AdvancedAnnual report

    「The company expects further profit growth from the price revisions and changes to net contents for squid products, fried products and others, implemented in stages since June 2025 in response to further increases in raw material prices and other costs, as well as from the planned price revisions for value-pack products from November 2025. Accordingly, the full-year earnings forecast for the current consolidated fiscal year remains unchanged from the consolidated earnings forecast announced on 9 May 2025.」

    For squid products, fried products and others, the company implemented price revisions and changes to net contents in stages from June 2025, and plans to implement price revisions for value-pack products from November 2025.
  4. FY2025-H1RestatedAnnual report

    「In response to increased costs, including the impact of the weaker yen and further increases in raw-material prices, the Company worked across the group to increase sales, improve the product mix, ensure the effects of price revisions for certain products, and control costs, resulting in higher profit.」

    The company continued price revisions for some products in response to higher raw material costs and explained that their wider adoption was contributing to improved profit.
  5. FY2024AdvancedAnnual report

    「The company is advancing the development of products using alternative squid raw materials in response to poor catches of Japanese flying squid caused by recent global environmental changes.」

    The company explained that it is advancing product development using alternative squid raw materials, in addition to the changes in production locations and product specifications already implemented.
  6. FY2024-Q3RestatedAnnual report

    「In terms of profit, the company-wide effort to address higher costs, including the impact of further increases in raw material prices, through higher sales, product mix improvements, price revisions and changes to net contents for some products, and cost control resulted in」

    The company continued to implement price revisions and changes to net contents for some products in response to higher raw material costs, combining them with product mix improvements and cost control.
  7. FY2024-Q2RestatedAnnual report

    「In response to the further impact of higher raw-material prices and increased costs such as power and fuel expenses, the Company worked across the group to increase sales, improve the product mix, revise the prices and contents of certain products, and control costs. As a result, profit increased from the same quarter of the previous year, and progress was also ahead of the profit plan for the second quarter of the current fiscal year on a cumulative consolidated basis.」

    The company continued to implement price revisions and changes to net contents for some products in response to higher raw material costs, combining them with product mix improvements and cost control.
  8. FY2024-Q1RestatedAnnual report

    「In response to the further impact of higher raw-material prices and increased costs such as power and fuel expenses, the Company worked across the group to increase sales, improve the product mix, revise the prices and contents of certain products, and control costs. As a result, profit declined from the same quarter of the previous year, but progress was ahead of the profit plan for the first quarter of the current fiscal year on a cumulative consolidated basis.」

    The company continued to implement price revisions and changes to net contents for some products in response to higher raw material costs.
  9. FY2023AdvancedAnnual report

    「The company implemented various measures to secure profits, including changes to product specifications and price revisions, for a total of 3 times since March 2022.」

    The company explicitly stated that, in response to higher raw material costs, it had implemented measures including changes to product specifications and price revisions a total of 3 times since March 2022.
  10. FY2023-Q3RestatedAnnual report

    「In response to yen depreciation and higher raw material prices, we will continue to work on launching new products and stimulating the market to recover sales, while thoroughly improving the product mix and making further cost reductions through our own efforts. We will also proceed with further price revisions and changes to net contents, aiming to restore profits at an early stage.」

    The company maintained its policy of proceeding further with changes to net contents and price revisions in response to higher raw material costs.
  11. FY2023-Q2Added changes to net contents and price revisions.Annual report

    「In response to yen depreciation beyond expectations and higher raw material prices, we will continue to work on launching new products and stimulating the market to recover sales, while thoroughly improving the product mix and making further cost reductions through our own efforts. We will also proceed with further changes to net contents and price revisions, aiming to restore profits at an early stage.」

    The company explicitly stated its policy of proceeding with further changes to net contents and price revisions, in addition to the changes to net contents already implemented, in response to higher raw material costs.
  12. FY2023-Q1RestatedAnnual report

    「Sales declined slightly, partly because sales of some products whose net contents had been changed to address higher raw material costs fell.」

    The company changed the net contents of its products in response to higher raw material costs, but reported that sales declined for some of those products.
  13. FY2022-Q3Cited as achievedAnnual report

    「Although prices for some raw materials remained elevated, profit increased as a result of measures including improving the product mix, the continued effect of specification changes for certain products implemented in the previous fiscal year, and controlling costs in pursuit of appropriate costs, including by eliminating operational waste.」

    The company reported the sustained effects of changes to the specifications of some products implemented in the previous fiscal year as a past measure contributing to higher profit in the cumulative period of the current quarter.
  14. FY2022-Q2Cited as achievedAnnual report

    「Although prices for some raw materials remained elevated, profit increased as a result of measures including improving the product mix, the continued effect of specification changes for certain products implemented in the previous fiscal year, and controlling costs in pursuit of appropriate costs, including by eliminating operational waste.」

    The company reported the sustained effects of changes to the specifications of some products implemented in the previous fiscal year as a past measure contributing to higher profit in the current quarter.
  15. FY2022-Q1Cited as achievedAnnual report

    「Although raw-material prices remained elevated, profit increased as a result of measures including improving the product mix, the effect of specification changes for certain products implemented in the previous fiscal year, and controlling costs in pursuit of appropriate costs, including by eliminating operational waste.」

    The company identified the effects of changes to the specifications of some products implemented in the previous fiscal year as a past measure contributing to higher profit in the current quarter.
  16. FY2021-Q2RestatedAnnual report

    「Although the Company has been addressing the poor catch of Japanese flying squid and other issues that have continued since the second half of the fiscal year ended March 2017, conditions worsened further during the current fiscal year, and profit was significantly affected by higher raw-material and transportation costs. Nevertheless, profit increased as a result of measures including changing the specifications of certain products and controlling costs in pursuit of appropriate costs, including by eliminating operational waste.」

    The company continues to change the specifications of some products in response to higher raw material prices.
  17. FY2019RestatedAnnual report

    「The company implemented various measures, including improving the product mix by expanding sales of high-value-added products, changing the specifications of some products, and controlling costs by eliminating operational waste and pursuing appropriate costs.」

    The company continues to change the specifications of some products in response to higher raw material prices.
  18. FY2019-Q3RestatedAnnual report

    「Against this backdrop, the Group implemented various initiatives, including the active launch of new products and their establishment in the market, improving its product mix by expanding sales of high-value-added products, revising the specifications of certain products, and controlling costs by eliminating operational waste and pursuing appropriate costs.」

    The company continues to implement measures, including changes to the specifications of some products, in response to higher raw material prices.
  19. FY2019-Q2RestatedAnnual report

    「Against this backdrop, the Group implemented various initiatives, including the active launch of new products and their establishment in the market, improving its product mix by expanding sales of high-value-added products, revising the specifications of certain products, and controlling costs by eliminating operational waste and pursuing appropriate costs.」

    The company continues to implement measures, including changes to the specifications of some products, in response to higher raw material prices.
  20. FY2019-Q1RestatedAnnual report

    「Despite implementing various measures, including changes to product specifications, profits declined.」

    The company continues to implement measures, including changes to product specifications, in response to worsening raw material conditions caused by poor catches of Japanese flying squid and poor plum harvests.
  21. FY2018RestatedAnnual report

    「Despite implementing various measures, including changes to product specifications, profits declined significantly.」

    The company continues to implement measures, including changes to product specifications, in response to raw material shortages and price increases.
  22. FY2018-Q3RestatedAnnual report

    「In terms of profit, despite higher sales, the situation for domestically sourced Japanese flying squid continued to deteriorate amid record-low catches, while raw material prices rose further due to poor plum harvests and other factors. Although the company had already implemented various measures, including changes to product specifications, gross profit was ¥9,818 million, down 6.1% year on year.」

    The company reiterated that it had already implemented measures such as changes to product specifications in response to soaring raw material prices.
  23. FY2017First statedAnnual report

    「The “change in the origin of Japanese flying squid” and “changes to squid product specifications” implemented from March 2017 progressed more than expected.」

    In response to poor catches and soaring prices of domestically sourced Japanese flying squid, the company implemented changes in origin and product specifications from March 2017, which progressed more than expected.
Moved together

"Steady Earnings Growth" moved the same way as this thread, in the same document, in 3 of its 25 moves.

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  1. ★This thread
  2. 1Steady Earnings Growth3×
  3. 2Company-wide Productivity Improvement3×
  4. 3Proactive talent development3×
  5. 4Sixth Medium-Term Management Plan “Next Value up for 80”3×
  6. 5Expanding the なとり fan base by offering “snacks” with a new kind of enjoyment3×
  7. 6Management Advisory Committee Composed Mainly of Outside Officers2×

★ 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
Natori's next results are scheduled for 2026-11-11. Read the earnings preview It last moved in the Results of 2026-11-11: "Restated".
News
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