Soaring Vegetable Prices and Higher Outsourced Delivery Costs Due to Adverse Weather
First written in FY2017-Q3. 6 of 16 entries say "Materialised", first in FY2019-Q2. Latest entry: 2026-08-12.
Ocean System moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 101 of 138 companies on the "Worse" side.
43 other companies' latest entry also says "Materialised".
- 2026-08-12MaterialisedResults
「災害による損失 － 32,198」
当第1四半期に災害による損失32,198千円を計上し、自然災害・事故による影響が実際に発生している。 - FY2024-Q3RestatedAnnual report
「In response to repeated increases in purchase prices caused by extreme summer heat and soaring raw material prices, pricing initiatives such as EDLP (everyday low prices), tailored to consumer needs, proved effective, and customer traffic remained firm. The peak year-end sales season also remained strong, with little impact from snow on customer traffic.」
Although higher purchase prices due to extreme heat and soaring raw material prices continued, the impact of snow on customer traffic during the year-end sales season was limited. - FY2024-Q2MaterialisedAnnual report
「The produce division was affected by high market prices and insufficient supplies due to extreme summer heat and heavy rain in some areas. However, sales of fruit and beverages were strong, and sales of sushi, prepared foods, alcoholic beverages and other products related to the resumption of local festivals and the homecoming season grew significantly as customer traffic recovered.」
While extreme summer heat and heavy rain actually caused higher market prices and insufficient supplies of produce, sales of fruit, beverages, and products related to festivals and the homecoming season increased. - FY2023-Q3MaterialisedAnnual report
「In the supermarket business, restrictions on activity related to COVID-19 were eased, and demand for food consumed at home showed a declining trend against a backdrop of increased opportunities to go out. Customer traffic consequently trended downward. However, the popularity of the Company’s distinctive nonperishables division remained strong, and the peak year-end sales season proceeded generally smoothly despite the impact of snow damage in some areas.」
The Company states that snow damage actually affected part of the year-end sales season, indicating that weather and disaster-related impacts on store traffic and sales occurred. - FY2022MaterialisedAnnual report
「Although sales in the fresh foods division struggled due to lower market prices for produce and supply shortages caused by poor catches of fresh fish, the nonperishables division benefited from bulk purchases during the prolonged COVID-19 pandemic, and sales of seasonal products such as year-end offerings and Hina Festival items remained relatively strong throughout the year.」
While lower produce prices and supply shortages caused by poor catches of fresh fish actually resulted in stagnant sales in the fresh foods division, the nonperishables division and other areas remained strong. - FY2022-Q3MaterialisedAnnual report
「In the supermarket business, although lower market prices for produce and supply shortages caused by poor catches of some fresh fish had an impact, the nonperishables division remained strong on stay-at-home demand, and the year-end sales season, a peak period, progressed smoothly despite restrictions on consumer activity.」
The Company states that lower market prices for produce and supply shortages caused by poor catches of some fresh fish actually affected the business. Meanwhile, the nonperishables division and the year-end sales season remained strong. - FY2021-Q2WorsenedAnnual report
「Profit fell below the same period of the previous year due to higher raw material prices for produce and other products resulting from a prolonged rainy season and extreme heat, as well as increased selling expenses.」
Higher raw material prices for produce and other products due to the prolonged rainy season and extreme heat, together with increased selling expenses, resulted in a 12.3% year-on-year decline in segment profit in the food delivery business. - FY2021-Q1WorsenedAnnual report
「In terms of profit, profit fell below the same period of the previous year due to higher raw material prices for produce and other products and increased selling expenses.」
Higher raw material prices for produce and other products again weighed on profit, and together with increased selling expenses, caused profit in the food delivery business to fall below the same period of the previous year. - FY2020-Q3MitigatedAnnual report
「Partly because there was little snowfall in winter, overall customer traffic increased from the previous year, and the year-end sales season remained firm.」
Regarding weather factors, the Company states that customer traffic increased from the previous year due to limited winter snowfall, indicating that adverse weather impacts on customer traffic were contained during the quarter. - FY2020-Q1MitigatedAnnual report
「Sales remained firm as sales of food for commercial use, one of the Company’s distinctive offerings, grew significantly and supplies of fresh products remained stable.」
The Company states that stable supplies of fresh products supported firm sales in the supermarket business. - FY2019-Q3MitigatedAnnual report
「In terms of profit, profit exceeded the same period of the previous year, partly because market prices for produce remained relatively stable.」
Relatively stable market prices for produce contributed to a 20.3% year-on-year increase in segment profit in the food delivery business. - FY2019-Q2MaterialisedAnnual report
「In the supermarket business, some stores were affected by the opening of competing stores, and customer traffic declined in summer due to extreme heat. However, the Company strengthened sales by leveraging its distinctive features, including face-to-face sales of fresh fish and other products and the handling of food for commercial use, and conducted focused sales of core products. As a result, customer numbers recovered to approximately the previous year’s level.」
The Company states that weather risk materialized in the form of lower summer customer traffic due to extreme heat. - FY2019-Q1MitigatedAnnual report
「Gross profit also exceeded the same period of the previous year as purchase prices for vegetables and other products remained relatively stable.」
In contrast to the soaring vegetable prices and higher delivery costs reported in the previous period, purchase prices for vegetables and other products remained relatively stable this quarter, and gross profit exceeded the same period of the previous year. - FY2018-Q3RestatedAnnual report
「However, sales at existing stores decreased 0.3% from the same period of the previous year, as the produce and fresh fish departments, where market prices are highly volatile, struggled due to weather conditions and catch volumes.」
The Company states that weather conditions and catch volumes affected sales in the produce and fresh fish departments, resulting in a 0.3% year-on-year decline in sales at existing stores. - FY2017RestatedAnnual report
「In terms of expenses, segment profit fell below the previous year due to the impact of soaring vegetable prices caused by adverse weather from summer through autumn.」
The annual report also states that soaring vegetable prices due to adverse weather were a factor in the decline in profit in the food delivery business. - FY2017-Q3First statedAnnual report
「Segment profit fell below the previous year due to soaring vegetable prices caused by adverse weather from summer through autumn, as well as higher costs for partially outsourced delivery operations.」
Soaring vegetable prices due to adverse weather and higher outsourced delivery costs are cited as factors behind the 17.3% year-on-year decline in segment profit in the food delivery business.