Deterioration in the profitability of the production and distribution business due to lower operating rates at processing facilities and other sites
First written in FY2018-Q1. 14 of 29 entries say "Mitigated", first in FY2020-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「Although persistently high feed prices resulting from the weaker yen and energy prices pushed up production costs, the company continued stable operations through the integration and efficiency improvements of its processing facilities in Miyazaki and timely cost pass-through enabled by its proprietary direct producer-to-consumer model.」
Through processing plant integration, efficiency improvements and passing higher costs on to prices, the Production and Distribution business generated revenue of ¥1,628 million and segment profit of ¥173 million, with profit increasing from the previous year. - FY2026-H1MitigatedAnnual report
「Against this backdrop, the company consolidated the processing facilities operated by 株式会社地頭鶏ランド日南, which produces and processes locally raised chicken in Miyazaki, thereby improving efficiency and contributing to higher profit.」
The company is pursuing efficiency gains through the integration of processing plants and describes measures addressing the previous factors behind deteriorating profitability, particularly lower utilization rates at processing plants and other facilities. However, segment profit in the Production and Distribution business declined 33.4% year on year. - FY2024MitigatedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥1,646 million, up 20.9% year on year, and segment profit was ¥95 million, compared with a segment loss of ¥12 million in the previous year.」
Revenue from the Production and Distribution business increased, turning the segment from a loss to a profit of ¥95 million. The deterioration in profitability associated with lower utilization rates at processing plants and other facilities improved from the previous fiscal year. - FY2024-Q3MitigatedAnnual report
「As a result, revenue for the third quarter of the current consolidated cumulative period was ¥1,233 million, up 25.6% year on year, and segment profit was ¥82 million, compared with a segment loss of ¥20 million in the same quarter of the previous year.」
Recovery in demand in the Sales business and increased volumes of jidori chicken and vegetables handled turned the Production and Distribution business from a ¥20 million loss in the same period of the previous year to a profit of ¥82 million. - FY2024-Q2MitigatedAnnual report
「More recently, the classification of COVID-19 under the Infectious Diseases Act was changed to Category V in May 2023, increasing revenue in the Sales business. Consequently, jidori chicken production and vegetable distribution volumes have gradually increased, while sales of jidori chicken outside the group have also remained firm. As a result, revenue for the second quarter of the current consolidated cumulative period was ¥624 million, up 17.5% year on year, and the segment recorded a loss of ¥21 million, compared with a segment loss of ¥49 million in the same quarter of the previous year.」
The recovery in sales increased production and distribution volumes, narrowing the segment loss in the Production and Distribution business from ¥49 million in the same period of the previous year to ¥21 million. However, the business remained loss-making. - FY2024-Q1MitigatedAnnual report
「More recently, the classification of COVID-19 under the Infectious Diseases Act was changed to Category V in May 2023, increasing revenue in the Sales business. Consequently, jidori chicken production and vegetable distribution volumes have gradually increased, while sales of jidori chicken outside the group have also remained firm. As a result, revenue for the first quarter of the current consolidated cumulative period was ¥325 million, up 11.5% year on year, and the segment recorded a loss of ¥7 million, compared with a segment loss of ¥45 million in the same quarter of the previous year.」
The recovery in sales increased production and distribution volumes, narrowing the segment loss in the Production and Distribution business from ¥45 million to ¥7 million. - FY2023MitigatedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥1,362 million, up 78.5% year on year, and the segment recorded a loss of ¥12 million, compared with a segment loss of ¥202 million in the previous year.」
The recovery in sales increased revenue in the Production and Distribution business, while the segment loss narrowed sharply from ¥202 million to ¥12 million. - FY2023-Q3MitigatedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables have gradually increased as revenue in the Sales business rose following the lifting of restrictions on activities imposed in response to the spread of COVID-19. As a result, revenue for the third quarter of the current consolidated cumulative period was ¥981 million, up 79.0% year on year, and the segment recorded a loss of ¥20 million, compared with a segment loss of ¥183 million in the same quarter of the previous year.」
The segment loss in the Production and Distribution business narrowed from ¥183 million in the same period of the previous year to ¥20 million as jidori chicken production and vegetable distribution volumes recovered. The deterioration in profitability caused by lower utilization rates at processing plants and other facilities is described as easing. - FY2023-Q2MitigatedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables have gradually increased as revenue in the Sales business rose following the lifting of restrictions on activities imposed in response to the spread of COVID-19. As a result, revenue for the second quarter of the current consolidated cumulative period was ¥531 million, up 108.8% year on year, and the segment recorded a loss of ¥49 million, compared with a segment loss of ¥153 million in the same quarter of the previous year.」
Jidori chicken production and vegetable distribution volumes gradually increased, while the loss in the Production and Distribution business narrowed from ¥153 million in the same period of the previous year to ¥49 million. - FY2023-Q1MitigatedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables have gradually increased as revenue in the Sales business rose following the lifting of restrictions on activities imposed in response to the spread of COVID-19. As a result, revenue for the first quarter of the current consolidated cumulative period was ¥292 million, up 107.0% year on year, and the segment recorded a loss of ¥45 million, compared with a segment loss of ¥62 million in the same quarter of the previous year.」
The lifting of restrictions on activities led to gradual increases in jidori chicken production and vegetable distribution volumes, while the loss in the Production and Distribution business narrowed from ¥62 million in the same period of the previous year to ¥45 million. - FY2022-Q3WorsenedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables declined sharply due in part to lower revenue in the Sales business resulting from the spread of COVID-19. As a result, revenue for the third quarter of the current consolidated cumulative period was ¥548 million, down 53.7% year on year, and the segment recorded a loss of ¥183 million, compared with a segment loss of ¥132 million in the same quarter of the previous year.」
Following lower revenue in the Sales business, revenue from the Production and Distribution business fell 53.7% year on year, and the segment loss widened to ¥183 million from ¥132 million in the same period of the previous year. - FY2022-Q2WorsenedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables declined sharply due in part to lower revenue in the Sales business resulting from the spread of COVID-19. As a result, revenue for the second quarter of the current consolidated cumulative period was ¥254 million, down 61.1% year on year, and the segment recorded a loss of ¥153 million, compared with a segment loss of ¥106 million in the same quarter of the previous year.」
Production and distribution volumes continued to decline sharply due to lower revenue in the Sales business, with revenue from the Production and Distribution business down 61.1% year on year and the segment loss widening to ¥153 million. - FY2022-Q1WorsenedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables declined sharply due in part to lower revenue in the Sales business resulting from the spread of COVID-19. As a result, revenue for the first quarter of the current consolidated cumulative period was ¥141 million, down 42.1% year on year, and the segment recorded a loss of ¥62 million, compared with a segment loss of ¥34 million in the same quarter of the previous year.」
Lower revenue in the Sales business led to sharp declines in jidori chicken production and vegetable distribution volumes, with the loss in the Production and Distribution business widening from ¥34 million in the same period of the previous year to ¥62 million. - FY2021WorsenedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables declined sharply due in part to lower revenue in the Sales business resulting from the spread of COVID-19. As a result, revenue for the current consolidated fiscal year was ¥1,452 million, down 51.0% year on year, and the segment recorded a loss of ¥231 million, compared with segment profit of ¥56 million in the previous year.」
The suspension of operations in the Sales business caused production and distribution volumes to decline sharply, and the Production and Distribution business deteriorated from profit of ¥56 million in the previous year to a loss of ¥231 million. - FY2021-Q3WorsenedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables declined sharply due in part to lower revenue in the Sales business resulting from the spread of COVID-19. As a result, revenue for the third quarter of the current consolidated cumulative period was ¥1,183 million, down 51.8% year on year, and the segment recorded a loss of ¥132 million, compared with segment profit of ¥84 million in the same quarter of the previous year.」
Lower revenue in the Sales business led to sharp declines in production and distribution volumes, causing the Production and Distribution business to deteriorate from a profit in the same period of the previous year to a segment loss of ¥132 million. - FY2021-Q2WorsenedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables declined sharply due in part to lower revenue in the Sales business resulting from the spread of COVID-19. As a result, revenue for the second quarter of the current consolidated cumulative period was ¥654 million, down 58.2% year on year, and the segment recorded a loss of ¥106 million, compared with segment profit of ¥81 million in the same quarter of the previous year.」
Lower revenue in the Sales business led to sharp declines in jidori chicken production and vegetable distribution volumes, causing the Production and Distribution business to deteriorate from a profit in the same period of the previous year to a segment loss of ¥106 million. - FY2021-Q1WorsenedAnnual report
「More recently, the production of jidori chicken and distribution volumes of vegetables declined sharply because most of the group's stores suspended operations for approximately 2 months to help prevent the spread of COVID-19. As a result, revenue for the first quarter of the current consolidated cumulative period was ¥243 million, down 69.2% year on year, and the segment recorded a loss of ¥34 million, compared with segment profit of ¥57 million in the same quarter of the previous year.」
Production and distribution volumes declined sharply as stores suspended operations, causing the Production and Distribution business to deteriorate from a profit in the same period of the previous year to a segment loss of ¥34 million. - FY2020MitigatedAnnual report
「Meanwhile, segment profit increased due to lower cost ratios from centralized procurement and improved operating efficiency. As a result, full-year revenue from the Production and Distribution business was ¥2,962 million, down 12.3% from the previous consolidated fiscal year, while segment profit was ¥56 million, up 34.6%.」
Revenue from the Production and Distribution business declined, but segment profit rose to ¥56 million, up 34.6% year on year, due to centralized procurement and improved operating efficiency. - FY2020-Q3MitigatedAnnual report
「More recently, the number of stores and revenue of stores operating under the Tsukada Nojo brand declined, while jidori chicken production and vegetable distribution volumes remained flat as the company promoted its core jidori chicken menu offerings. Segment profit also increased due to lower cost ratios from centralized procurement and improved operating efficiency. As a result, revenue for the third quarter of the current consolidated cumulative period was ¥2,454 million, down 5.5% year on year, and segment profit was ¥84 million, up 136.6%.」
Despite the downsizing of Tsukada Nojo, jidori chicken production and vegetable distribution volumes remained flat, while segment profit rose to ¥84 million, up 136.6% year on year, due to centralized procurement and improved operating efficiency. The deterioration in profitability associated with lower utilization rates at processing plants and other facilities is described as improving. - FY2020-Q2MitigatedAnnual report
「More recently, fresh seafood distribution volumes have been trending upward because the number of seafood-format stores has increased. However, revenue from stores operating under the Tsukada Nojo brand declined, resulting in downward trends in jidori chicken production and vegetable distribution volumes. Consequently, utilization rates at processing plants and other facilities operated by production subsidiaries declined, contributing to lower segment profit. As a result, revenue for the second quarter of the current consolidated cumulative period was ¥1,564 million, down 3.6% year on year, and segment profit was ¥81 million, up 368.9%.」
Although declines in jidori chicken production and vegetable distribution volumes and lower utilization rates at processing plants and other facilities continued, segment profit in the Production and Distribution business was ¥81 million, up 368.9% year on year, indicating improved profitability. - FY2020-Q1MitigatedAnnual report
「More recently, the number of stores and revenue of stores operating under the Tsukada Nojo brand declined, while distribution volumes under new brands increased, leaving jidori chicken production and vegetable distribution volumes flat. Segment profit also increased due to lower cost ratios from centralized procurement and improved operating efficiency.」
The decline in jidori chicken production and vegetable distribution volumes leveled off, while segment profit in the Production and Distribution business rose 367.5% year on year to ¥57 million due to centralized procurement and improved operating efficiency. The deterioration in profitability caused by lower utilization rates at processing plants and other facilities is described as improving in the current quarter. - FY2019WorsenedAnnual report
「As a result, full-year revenue from the Production and Distribution business was ¥3,376 million, down 2.9% from the previous consolidated fiscal year, and segment profit was ¥41 million, down 36.5%.」
Against a backdrop of declining jidori chicken production and vegetable distribution volumes and lower utilization rates at processing plants and other facilities, revenue and segment profit in the Production and Distribution business declined for the full year. - FY2019-Q3WorsenedAnnual report
「More recently, fresh seafood distribution volumes have been trending upward because the number of seafood-format stores has increased. However, revenue from stores operating under the Tsukada Nojo brand declined, resulting in downward trends in jidori chicken production and vegetable distribution volumes. Consequently, utilization rates at processing plants and other facilities operated by production subsidiaries declined, contributing to lower segment profit. As a result, revenue for the third quarter of the current consolidated cumulative period was ¥2,597 million, down 3.7% year on year, and segment profit was ¥35 million, down 39.8%.」
With declines in jidori chicken production and vegetable distribution volumes and continued lower utilization rates at processing plants and other facilities, revenue from the Production and Distribution business fell 3.7% year on year, while segment profit declined 39.8%. - FY2019-Q2WorsenedAnnual report
「More recently, fresh seafood distribution volumes have been trending upward because the number of seafood-format stores has increased. However, revenue from stores operating under the Tsukada Nojo brand declined, resulting in downward trends in jidori chicken production and vegetable distribution volumes. Consequently, utilization rates at processing plants and other facilities operated by production subsidiaries declined, contributing to lower segment profit. As a result, revenue for the second quarter of the current consolidated cumulative period was ¥1,623 million, down 7.4% year on year, and segment profit was ¥17 million, down 33.3%.」
With declines in jidori chicken production and vegetable distribution volumes and continued lower utilization rates at processing plants and other facilities, revenue from the Production and Distribution business fell 7.4% year on year, while segment profit declined 33.3%. - FY2019-Q1WorsenedAnnual report
「More recently, the number of stores and revenue of stores operating under the Tsukada Nojo brand have remained flat, resulting in a slight downward trend in production of jidori chicken and vegetable distribution volumes. Consequently, utilization rates at processing plants and other facilities operated by production subsidiaries declined, reducing segment profit. Meanwhile, the number of seafood-format stores increased, resulting in an upward trend in fresh seafood distribution volumes. As a result, revenue for the first quarter of the current consolidated cumulative period was ¥827 million, down 6.3% year on year, and segment profit was ¥12 million, down 3.5%.」
With declines in jidori chicken production and vegetable distribution volumes and continued lower utilization rates at processing plants and other facilities, revenue from the Production and Distribution business fell 6.3% year on year, while segment profit declined 3.5%. - FY2018WorsenedAnnual report
「As a result, revenue in the production and distribution business for the current consolidated fiscal year was ¥3,476 million, down 2.4% from the previous consolidated fiscal year, and segment profit was ¥65 million, down 65.0%.」
Against a backdrop of lower utilization rates at processing plants and other facilities, revenue from the Production and Distribution business fell 2.4% year on year, while segment profit declined 65.0%. - FY2018-Q3RestatedAnnual report
「Recently, the volume of fresh fish distribution has been trending higher because the number of stores in the fish restaurant format has increased. However, the volume of native chicken production and vegetable distribution has been trending slightly lower because the number of stores and sales of stores under the Tsukada Nojo brand have remained flat. As a result, utilization of processing facilities and other facilities at the production subsidiary has declined, reducing segment profit. Consequently, revenue for the first nine months of the current consolidated fiscal year was ¥2,696 million, down 2.8% year on year, and segment profit was ¥59 million, down 63.9% year on year.」
As lower utilization of processing facilities and other facilities and the decline in segment profit continued, revenue in the production and distribution business declined 2.8% year on year and segment profit declined 63.9% year on year. - FY2018-Q2WorsenedAnnual report
「Recently, the volume of fresh fish distribution has been trending higher because the number of stores in the fish restaurant format has increased. However, the volume of native chicken production and vegetable distribution has been trending slightly lower because the number of stores and sales of stores under the Tsukada Nojo brand have remained flat. As a result, utilization of processing facilities and other facilities at the production subsidiary has declined, reducing segment profit. Consequently, revenue for the first half of the current consolidated fiscal year was ¥1,752 million, down 2.5% year on year, and segment profit was ¥26 million, down 73.5% year on year.」
As lower utilization of processing facilities and other facilities continued, revenue in the production and distribution business declined 2.5% year on year and segment profit declined 73.5% year on year. - FY2018-Q1First statedAnnual report
「Recently, however, the volume of native chicken production and vegetable distribution has been trending slightly lower because the number of stores and sales of stores under the Tsukada Nojo brand have remained flat. As a result, utilization of processing facilities and other facilities at the production subsidiary has declined, reducing segment profit.」
As the number of Tsukada Nojo stores and their sales remained flat, native chicken production and vegetable distribution declined, while utilization of processing facilities and other facilities at the production subsidiary fell, becoming a factor behind the decline in segment profit.