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Intrance (3237) · RiskMitigated

Operating Restrictions and Lower Visitor Numbers at the Herb Garden Due to Extreme Weather and Typhoons

First written in FY2019-Q2. 5 of 8 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2024-Q2.

8entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2019-Q2 – FY2022-Q32018: 12019: 120192020: 320202021: 120212022: 120222023: 12023
Same theme, other companies
Customer attraction and operational safety risks at regional revitalization commercial facilitiesA theme 8 companies write about · 12 as a headwind · 0 as a tailwind

Intrance moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).

The whole theme swung hardest in 2018: 4 of 6 companies on the "Worse" side.

2 other companies' latest entry also says "Mitigated".

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-Q2MitigatedAnnual report

    「During the cumulative second quarter of the current fiscal year, the Group, consisting of the company and its affiliated companies, transferred the Herb Garden operations and withdrew from the business.」

    Exposure to risks affecting herb production, facility operations and visitor numbers from extreme weather and typhoons decreased after the relevant business was transferred or exited and removed from the scope of the consolidated group.
  2. FY2022-Q3WorsenedAnnual report

    「In the production and wholesale business, in addition to restaurant industry closures and reduced operating hours, reduced harvests caused by heavy rain and rapid temperature changes made stable production and shipments difficult. The business continued to struggle, with results falling below the previous year's level.」

    In addition to the previous weather-related impacts, the disclosure describes reduced harvests caused by heavy rain and rapid temperature changes and the resulting difficulty of maintaining stable production and shipments. The production and wholesale business fell below the previous year's results.
  3. FY2022-Q2MaterialisedAnnual report

    「In the production and wholesale business, in addition to the impact of restaurant closures and reduced operating hours, heavy rain and high temperatures reduced harvests and caused lost sales opportunities. The business continued to struggle, with sales falling further below the previous year's results.」

    Reduced harvests and lost sales opportunities actually occurred as a result of heavy rain and high temperatures, and sales in the herb production and wholesale business fell further below the previous year's results.
  4. FY2021-Q2MaterialisedAnnual report

    「In the wholesale herb business serving restaurants and other customers operated by consolidated subsidiary 大多喜ハーブガーデン, orders declined significantly. In addition to lost sales opportunities caused by poor crop growth due to the prolonged rainy season and extreme heat, restaurant chains serving end users were forced to suspend operations because of the impact of COVID-19.」

    Poor crop growth caused by the prolonged rainy season and extreme heat, together with the suspension of operations by restaurant chains due to the infectious disease, resulted in actual declines in sales opportunities and orders in the wholesale herb business.
  5. FY2020MaterialisedAnnual report

    「In the wholesale herb business serving restaurants and other customers, herb production declined because of Typhoon Faxai in September 2019. In addition, as the effects of COVID-19 began to emerge toward the end of the fiscal year, wholesale sales to restaurants declined.」

    In addition to the decline in production caused by Typhoon Faxai, the effects of COVID-19 emerged toward the end of the fiscal year, resulting in lower sales in the wholesale business serving restaurants.
  6. FY2020-Q3MaterialisedAnnual report

    「The Herb Garden operated by consolidated subsidiary 大多喜ハーブガーデン had been progressing smoothly through the first half of the fiscal year. However, as a result of Typhoon Faxai in September 2019, production of various herbs declined during the third quarter, and visitor numbers also fell because the company was forced to operate on an emergency basis for several days during the holiday season.」

    Following damage to greenhouses and other facilities caused by Typhoon Faxai, the business was affected by an actual decline in production, emergency operations and visitor numbers.
  7. FY2020-Q2WorsenedAnnual report

    「Typhoon Faxai, which struck agricultural production areas including Chiba and Ibaraki in September 2019, caused significant damage at the Herb Garden, including the collapse of multiple greenhouses. However, as a result of proactively holding various events, including a collaboration project with Isumi Railway, and promptly renovating the restaurant menu, visitor numbers at the Herb Garden reached approximately 10,000, up 16% year on year.」

    In addition to the previous suspension of operations and shortened operating hours, the collapse of multiple greenhouses caused by Typhoon Faxai resulted in facility damage, making the impact of extreme weather risk more concrete.
  8. FY2019-Q2MaterialisedAnnual report

    「Record summer heat forced the Herb Garden to suspend operations for several days, including on dates when events expected to attract many visitors were scheduled, while typhoons led to shorter operating hours. As a result, visitor numbers declined.」

    Record heat and typhoons caused actual operating suspensions and shorter hours, reducing visitor numbers at the Herb Garden.
Moved together

"Risk of Unsold Real Estate for Sale and Inventory Write-Downs" moved the same way as this thread, in the same document, in 5 of its 8 moves.

544443★123456
  1. ★This thread
  2. 1Risk of Unsold Real Estate for Sale and Inventory Write-Downs5×
  3. 2Earnings Volatility Based on the Timing of Property Sales4×
  4. 3Risks from Economic Trends, Rising Interest Rates and Tax Changes4×
  5. 4Continued Losses and Fixed-Asset Impairment in the Herb Garden Business4×
  6. 5Impact of COVID-19 on the Herb Garden and Herb Wholesale Businesses4×
  7. 6Deterioration in Cash Management Due to Falling Selling Prices and Difficulty Selling Properties3×

★ 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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Operating Restrictions and Lower Visitor Numbers at the Herb Garden Due to Extreme Weather and Typhoons | INTRANCE CO.,LTD. (3237) | Komori