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United Super Markets Holdings (3222) · RiskRestated

Risk of Sluggish Revenue Growth Due to Fluctuations in Fresh-Produce Market Conditions

First written in FY2018-Q1. 6 of 10 entries say "Materialised", first in FY2018-Q1. Latest entry: FY2024-Q3.

10entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018-Q1 – FY20202017: 220172018: 120182019: 120192020: 220202021: 020212022: 020222023: 320232024: 1
Same theme, other companies

United Super Markets Holdings moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).

0 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.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3RestatedAnnual report

    「Furthermore, the number of visits and items purchased continued to decline due to fluctuations in gasoline and food prices,」

    The decline in visit frequency and the number of items purchased due to fluctuations in gasoline and food prices has continued.
  2. FY2024-Q2RestatedAnnual report

    「Furthermore, difficulties with visit frequency and the number of items purchased continued amid fluctuations in gasoline and food prices,」

    Difficulties with visit frequency and the number of items purchased due to fluctuations in gasoline and food prices have continued.
  3. FY2024-Q1MaterialisedAnnual report

    「While the prices of individual items purchased rose due to increases across a wide range of products, the number of items purchased per customer declined, and the average spend per customer fell below the same quarter of the previous year,」

    The decline in items purchased accompanying higher product prices and the year-on-year decline in average spend per customer were recorded as actual changes in consumer behavior.
  4. FY2023-Q3RestatedAnnual report

    「Broad-based price increases reduced the number of items purchased, leaving challenges in securing the projected level of sales and gross profit.」

    The decline in items purchased due to pricing pressure and the challenge of securing sales and gross profit have continued.
  5. FY2020MaterialisedAnnual report

    「By product category, sales of core produce were 98.4% of the prior-period level across all stores, partly due to weak market prices.」

    Weak produce prices continued, and core produce sales were 98.4% of the prior-period level across all stores.
  6. FY2020-Q3WorsenedAnnual report

    「By product category, core produce sales were 97.6% of the prior-year level across all stores, partly due to weak market prices, while meat was 99.6% and general food products were 99.0%, all remaining sluggish.」

    Core produce sales declined from 97.7% of the prior-year level across all stores in the previous period to 97.6%, and the slump in sales caused by weak market prices continued.
  7. FY2020-Q2MaterialisedAnnual report

    「By product category, produce sales were sluggish at 97.7% of the prior-year level across all stores due to weak vegetable prices, while sales of general food products were 98.5% due to poor performance in beverages and other products amid unfavorable weather in July.」

    Weak vegetable prices were reflected in actual results as produce sales of 97.7%.
  8. FY2018-Q3MaterialisedAnnual report

    「Regarding sales versus the same quarter of the previous year, produce sales were 97.6% of the prior-year level across all stores due to the continued weakness in vegetable prices, while fresh-fish sales were 97.7% due to poor catches of nearshore fish and other factors,」

    Weak vegetable prices and poor catches of nearshore fish and other factors were reflected in sluggish sales of 97.6% for produce and 97.7% for fresh fish.
  9. FY2018-Q2MaterialisedAnnual report

    「Due to weak vegetable prices, produce sales were 99.2% of the prior-year level across all stores, while fresh-fish sales were also weak at 97.5% of the prior-year level across all stores, as landings of major fish species were poor.」

    Weak vegetable prices and poor landings of major fish species were reflected in actual results as lower produce and fresh-fish sales.
  10. FY2018-Q1MaterialisedAnnual report

    「Sales failed to gain traction due to fluctuations in fresh-produce market prices, including the prolonged weakness in vegetable prices, and changes in the competitive environment,」

    It was stated that fluctuations in fresh-produce prices, including weak vegetable prices, affected actual results in the form of sluggish sales.
Moved together

"First-quarter revenue and profit growth" moved the same way as this thread, in the same document, in 7 of its 10 moves.

744433★123456
  1. ★This thread
  2. 1First-quarter revenue and profit growth7×
  3. 2Business Performance Risks from Competition to Open Stores, Including by Companies from Other Industries, and Market Trends4×
  4. 3Higher Cost Burden, Led by Personnel Expenses4×
  5. 4Increasing frequency of natural disasters caused by typhoons and torrential rain4×
  6. 5Sluggish Real Wage Growth and Uncertainty over Consumer Sentiment3×
  7. 6Recognition of Impairment Losses Associated with Unprofitable Stores and Other Items3×

★ 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.

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Risk of Sluggish Revenue Growth Due to Fluctuations in Fresh-Produce Market Conditions | United Super Markets Holdings Inc. (3222) | Komori