Declining revenue and an operating loss in the food business
First written in FY2017-Q1. 16 of 37 entries say "Advanced", first in FY2019. Latest entry: 2026-08-12.
1 other company's latest entry also says "Mitigated".
- 2026-08-12MitigatedEarnings
「As a result, net sales were ¥332 million and operating profit was ¥0 million.」
The food business improved from an operating loss in the previous fiscal year to break-even operating profit in the current quarter. However, the company also stated that securing profits remained difficult. - FY2026WorsenedAnnual report
「Retort products benefited from solid sales of private-label pasta sauces, but production of the core OEM curry products was reduced at times for inventory adjustments following lower sales by customers. Manufacturing expenses also increased due to initial costs associated with preparations to begin operating the expanded retort plant and the commencement of depreciation after operations began. As a result, net sales were ¥1,284 million and the operating loss was ¥30 million.」
The food business recorded revenue of ¥1,284 million and an operating loss of ¥30 million due to higher costs associated with the expansion and operation of the retort plant and reduced production caused by inventory adjustments for OEM curry. - 2026-05-14WorsenedEarnings
「As a result, net sales were ¥1,284 million and the operating loss was ¥30 million.」
The food business recorded an operating loss because of higher costs associated with preparations for and the commencement of operations at the retort plant, as well as lower product sales. - FY2026-H1WorsenedAnnual report
「For retort products, the core OEM curry business began accepting orders for new products, but sales of existing products declined due to customer price increases and inventory adjustments. In addition, selling, general and administrative expenses increased due to procurement of various materials in preparation for the start of operations at the expanded retort plant. As a result, revenue was ¥637 million and the operating loss was ¥9 million.」
Although the company began accepting orders for new OEM curry products, lower sales of existing products and higher costs associated with preparing for the plant expansion resulted in an operating loss of ¥9 million for the food business. - FY2025AdvancedAnnual report
「As a result, revenue was ¥1,353 million, up ¥32 million (2.5%) from the previous fiscal year, and operating profit was ¥76 million, up ¥24 million (46.1%).」
The food business posted 2.5% revenue growth and a 46.1% increase in operating profit, reflecting continued growth and profit improvement. - FY2025-H1AdvancedAnnual report
「Retort foods also performed well, with growth in curry products that leverage regional characteristics, while maintaining a high factory utilization rate. As a result, revenue was ¥691 million, up ¥48 million (7.6%) from the previous interim consolidated accounting period, and operating profit was ¥36 million, up ¥20 million (129.6%).」
The food business posted 7.6% revenue growth and a 129.6% increase in operating profit, supported by growth in retort products and a high factory utilization rate. - FY2024WorsenedAnnual report
「As a result, revenue was ¥1,320 million, up ¥16 million (1.3%) from the previous fiscal year, while operating profit was ¥52 million, down ¥7 million (12.5%).」
Although growth in retort products drove higher revenue, operating profit declined 12.5% due to the impact of energy and raw material prices, logistics costs and other factors. - FY2024-Q3WorsenedAnnual report
「Amid rising raw material prices due to higher grain and energy prices caused by war, climate change and other factors, higher logistics costs and labor shortages have added to the pressure. Although the company has attempted to pass these costs on to customers, the situation remains difficult. Consumers have also shown a tendency to hold back on purchases of retail pasta, while demand for commercial-use products for restaurants has continued to recover gradually as inbound demand returns. Both pasta and retort products performed steadily. As a result, revenue was ¥1,004 million, down ¥4 million (0.5%) from the same quarter of the previous year, and operating profit was ¥49 million, down ¥24 million (33.1%).」
Although commercial-use products and retort products performed steadily, the food business posted a 0.5% decline in revenue and a 33.1% decrease in operating profit due to higher raw material and logistics costs, labor shortages, and consumers holding back on purchases. - FY2024-Q2WorsenedAnnual report
「In pasta, raw material prices rose due to soaring grain prices caused by poor weather and other factors, as well as persistently high crude oil prices. Although we attempted to raise prices, the increases did not keep pace with the cost increases. In addition, successive price increases led consumers to hold back on purchases, affecting sales of consumer products. Meanwhile, sales of pasta and sauces for the foodservice industry remained solid. As a result, net sales were ¥642 million, down ¥8 million, or 1.2%, from the same quarter of the previous year, and operating profit was ¥16 million, down ¥25 million, or 61.6%.」
Although products for the foodservice industry performed steadily, the food business posted lower revenue due to consumers holding back on purchases of household products, and operating profit declined 61.6%. - FY2024-Q1AdvancedAnnual report
「As a result, total revenue in the food business was ¥341 million, up ¥16 million (4.9%) from the same quarter of the previous year, and operating profit was ¥14 million, up ¥1 million (12.8%).」
The food business posted higher revenue and profit year on year, with operating profit improving to ¥14 million. - FY2023AdvancedAnnual report
「As a result, revenue was ¥1,303 million, up ¥169 million (15.0%) from the previous fiscal year, and operating profit was ¥59 million, up ¥36 million (156.6%).」
The food business posted 15.0% revenue growth and a 156.6% increase in profit, driven by growth in commercial-use products as the foodservice industry recovered. - FY2023-Q3AdvancedAnnual report
「Sales volumes of household products struggled amid a trend toward price increases and declining consumer purchasing power, but commercial-use products for restaurants recovered as restrictions on activities were eased. Retort products also performed steadily despite higher expenses. As a result, revenue was ¥1,009 million, up ¥160 million (18.9%) from the same quarter of the previous year, and operating profit was ¥73 million, up ¥55 million (309.2%).」
The food business posted 18.9% revenue growth and a 309.2% increase in operating profit, driven by the recovery in commercial-use products and steady retort product sales. - FY2023-Q2AdvancedAnnual report
「As a result, revenue was ¥651 million, up ¥104 million (19.1%) from the same quarter of the previous year, and operating profit was ¥41 million, compared with ¥3 million in the same quarter of the previous year, an increase of ¥38 million.」
The food business posted 19.1% year-on-year revenue growth and operating profit of ¥41 million, an increase of ¥38 million from the same period of the previous year. - FY2023-Q1AdvancedAnnual report
「Some signs of economic recovery emerged as measures to address COVID-19 took effect, and demand for commercial-use pasta began to recover as restaurants resumed operations. Retort products also performed steadily, and products for tourist destinations, including regional curry products, saw movement during Golden Week. As a result, revenue was ¥325 million, up ¥57 million (21.4%) from the same quarter of the previous year, and operating profit was ¥12 million, compared with an operating loss of ¥0 million in the same quarter of the previous year.」
The food business posted 21.4% revenue growth and returned to operating profitability, driven by the recovery in demand for commercial-use pasta as restaurants resumed operations and by sales of retort and tourist-destination products. - FY2022-Q3WorsenedAnnual report
「Household product sales fell substantially as the supply shortage in the same quarter of the previous year was resolved. Although the company sought to strengthen sales of commercial-use products, growth remained weak as restaurants continued to suspend operations or reduce hours. Retort products performed steadily through curry sales under similar conditions. As a result, revenue was ¥848 million, down ¥176 million (17.2%) from the same quarter of the previous year, and operating profit was ¥17 million, down ¥77 million (81.3%).」
The food business posted a 17.2% decline in revenue and an 81.3% decrease in operating profit due to the negative reaction from household products and weak commercial demand. Retort curry sales remained steady. - FY2022-Q2WorsenedAnnual report
「Household product sales declined substantially from the same quarter of the previous year, while commercial-use products struggled to grow as restaurants continued to suspend operations or reduce hours. Retort products performed steadily under similar conditions, supported by expanded distribution channels for private-label curry. As a result, revenue was ¥546 million, down ¥171 million (23.9%) from the same quarter of the previous year, and operating profit was ¥3 million, down ¥76 million (95.8%).」
The food business posted a significant decline in revenue and a substantial decrease in operating profit due to weak sales of household and commercial-use products. Meanwhile, private-label curry performed steadily as distribution channels expanded. - FY2022-Q1WorsenedAnnual report
「As a result, revenue was ¥267 million, down ¥157 million (37.0%) from the same quarter of the previous year, and the operating loss was ¥0 million, compared with operating profit of ¥61 million in the same quarter of the previous year.」
The food business posted a significant decline in revenue due to lower household product sales and weak commercial-use products, and swung from operating profit in the same period of the previous year to an operating loss. - FY2021AdvancedAnnual report
「As a result, revenue was ¥1,320 million, up ¥83 million (6.7%) from the previous fiscal year, and operating profit was ¥96 million, up ¥53 million (124.3%).」
The food business posted higher revenue and profit, driven by growth in household pasta products and steady retort product sales. - FY2021-Q3AdvancedAnnual report
「From April to June, when COVID-19 began to spread, sales and profit from household products increased substantially, including through higher inquiries from mass retailers. Sales of products for commercial use, including restaurants and school meals, declined and have yet to recover. Retort products also performed steadily during the cumulative period under review amid similar conditions. As a result, revenue was ¥1,024 million, up ¥87 million (9.3%) from the same quarter of the previous year, and operating profit was ¥95 million, up ¥67 million (232.0%).」
The food business posted 9.3% revenue growth and a 232.0% increase in operating profit, driven by growth in household products and steady retort product sales. Meanwhile, sales of products for commercial use, including restaurants and school meals, had not recovered. - FY2021-Q2AdvancedAnnual report
「From April to June, when COVID-19 began to spread, sales and profit from household products increased substantially, including through higher inquiries from mass retailers. Sales of products for commercial use, including restaurants and school meals, declined and have yet to recover. Retort products also performed steadily under similar conditions. As a result, revenue was ¥718 million, up ¥101 million (16.5%) from the same quarter of the previous year, and operating profit was ¥79 million, up ¥68 million (632.2%).」
The food business posted 16.5% revenue growth and a 632.2% increase in operating profit, driven by higher inquiries for household products and steady retort product sales. Meanwhile, sales of products for commercial use, including restaurants and school meals, had not recovered. - FY2021-Q1AdvancedAnnual report
「As a result, revenue was ¥425 million, up ¥118 million (38.5%) from the same quarter of the previous year, and operating profit was ¥61 million, compared with ¥2 million in the same quarter of the previous year.」
Revenue in the food business increased 38.5%, driven by growth in household products, increased inquiries from mass retailers for pasta, and growth in retort products, while operating profit was ¥61 million. - FY2020AdvancedAnnual report
「Pasta sales declined as the company continued to review unprofitable transactions amid the impact of competitors, but it worked to improve profit margins, including by reducing selling, general and administrative expenses. Retort products steadily increased revenue and profit. In addition, online sales grew as the company strengthened its social media activities during the period. As a result, revenue was ¥1,236 million, down ¥21 million (1.7%) from the previous fiscal year, while operating profit was ¥43 million, up ¥24 million (131.9%).」
Although the food business posted lower revenue, operating profit increased 131.9%, driven by growth in retort products and online sales, reviews of unprofitable transactions, and reductions in selling, general and administrative expenses. - FY2020-Q3AdvancedAnnual report
「Pasta sales declined as the company continued to review unprofitable transactions amid the impact of competitors, but it worked to improve profit margins, including by reducing selling, general and administrative expenses. Retort products performed steadily and increased revenue and profit. As a result, revenue was ¥937 million, down ¥27 million (2.9%) from the same quarter of the previous year, while operating profit was ¥28 million, up ¥12 million (73.1%).」
Despite lower revenue, operating profit rose 73.1% year on year to ¥28 million, driven by reviews of unprofitable transactions, reductions in selling, general and administrative expenses, and growth in retort products. - FY2020-Q2AdvancedAnnual report
「Pasta sales declined due to the impact of imported products and competitors, but the company worked to review its cost ratio and reduce selling, general and administrative expenses. Retort products continued to perform well, with curry sales remaining strong from the previous fiscal year and increasing revenue and profit. As a result, revenue was ¥616 million, up ¥2 million (0.5%) from the same quarter of the previous year, and operating profit was ¥10 million, compared with an operating loss of ¥4 million in the same quarter of the previous year.」
The food business increased revenue and improved from an operating loss in the same period of the previous year to an operating profit of ¥10 million, driven by strong curry sales and reviews of the cost ratio and selling, general and administrative expenses. - FY2020-Q1AdvancedAnnual report
「Pasta sales declined due to the impact of imported products and competitors, but the company worked to review its cost ratio and reduce selling, general and administrative expenses. Retort products continued to perform well, with curry sales remaining strong from the previous fiscal year and increasing revenue and profit. As a result, revenue was ¥306 million, up ¥10 million (3.5%) from the same quarter of the previous year, and operating profit was ¥2 million, compared with an operating loss of ¥4 million in the same quarter of the previous year.」
The food business increased revenue and improved from an operating loss in the same period of the previous year to an operating profit of ¥2 million, driven by strong retort product sales, particularly curry, and reviews of the cost ratio and selling, general and administrative expenses. - FY2019AdvancedAnnual report
「Pasta sales declined due to the impact of imported products and competitors, but curry sales, including OEM production orders, increased for retort products. As a result, revenue was ¥1,258 million, up ¥20 million (1.7% year on year), and operating profit was ¥18 million, up ¥14 million (409.7%).」
The food business posted higher full-year revenue and profit, with operating profit improving to ¥18 million, driven by increased curry sales, including OEM retort production orders. - FY2019-Q3MitigatedAnnual report
「Pasta sales declined due to the impact of imported products and competitors, but curry sales, including OEM production orders, increased for retort products. As a result, revenue was ¥964 million, up ¥30 million (3.3%) from the same quarter of the previous year, and operating profit was ¥16 million, up ¥13 million (429.1%).」
Despite the decline in pasta sales, the food business recovered, with increases in revenue and profit driven by higher curry sales, including OEM production orders. - FY2019-Q2MitigatedAnnual report
「Food-service pasta reported lower net sales due to the effects of natural disasters, including extreme summer heat, torrential rain and typhoons, while sales of sauce-related products, including pasta sauce and curry, increased. The company also worked to reduce selling, general and administrative expenses. As a result, net sales were ¥613 million, an increase of ¥10 million (1.8%) from the same quarter of the previous year, while the operating loss was ¥4 million, compared with an operating loss of ¥6 million in the same quarter of the previous year.」
Although the effects of natural disasters reduced pasta sales, growth in sauce and curry sales and reductions in selling, general and administrative expenses resulted in higher net sales and a narrower operating loss in the food business compared with the same quarter of the previous year. - FY2019-Q1WorsenedAnnual report
「Food-service pasta remained solid, while household pasta was affected by competitors. Sales of sauce-related products, including pasta sauce and curry, increased. However, higher raw material and logistics costs put pressure on profit. As a result, net sales were ¥296 million, an increase of ¥4 million (1.6%) from the same quarter of the previous year, while the operating loss was ¥4 million, compared with an operating loss of ¥0 million in the same quarter of the previous year.」
Although food-service products and sauce and curry products grew, competition and higher raw material and logistics costs widened the operating loss in the food business. - FY2018MitigatedAnnual report
「As a result, revenue was ¥1,237 million, down ¥43 million, or 3.4%, from the previous consolidated fiscal year, while efforts to reduce selling, general and administrative expenses resulted in operating profit of ¥3 million, an increase of ¥3 million from the previous consolidated fiscal year.」
Although the food business reported lower net sales, operating profit improved from ¥0 million in the previous year to ¥3 million through reductions in selling, general and administrative expenses. - FY2018-Q3MitigatedAnnual report
「As a result, net sales were ¥934 million, a decrease of ¥51 million (5.2%) from the same quarter of the previous year, but efforts to reduce selling, general and administrative expenses and other costs resulted in operating profit of ¥3 million, compared with an operating loss of ¥7 million in the same quarter of the previous year.」
Although the food business continued to report lower net sales, reductions in selling, general and administrative expenses and other costs resulted in operating profit of ¥3 million, compared with an operating loss in the same quarter of the previous year. - FY2018-Q2MitigatedAnnual report
「As a result, net sales were ¥602 million, a decrease of ¥54 million (8.3%) from the same quarter of the previous year. Despite efforts to reduce selling, general and administrative expenses and other costs, the operating loss was ¥6 million, compared with an operating loss of ¥17 million in the same quarter of the previous year.」
Although the food business continued to report lower net sales, the operating loss narrowed from ¥17 million in the same quarter of the previous year to ¥6 million through reductions in selling, general and administrative expenses and other costs. - FY2018-Q1MitigatedAnnual report
「As a result, net sales were ¥292 million, a decrease of ¥24 million (7.7%) from the same quarter of the previous year, while the operating loss was ¥0 million, compared with an operating loss of ¥18 million in the same quarter of the previous year.」
Although the food business reported lower net sales, results improved as the operating loss narrowed from ¥18 million in the same quarter of the previous year to ¥0 million. - FY2017MitigatedAnnual report
「As a result, net sales were ¥1,281 million, a decrease of ¥127 million (9.1%) from the previous consolidated fiscal year. Operating profit was ¥0 million following expense reductions, compared with an operating loss of ¥12 million in the previous consolidated fiscal year.」
Although the food business continued to report lower net sales, its results improved from an operating loss to ¥0 million in operating profit through expense reductions. - FY2017-Q3MitigatedAnnual report
「As a result, net sales were ¥985 million, a decrease of ¥79 million (7.4%) from the same quarter of the previous year, while the operating loss was ¥7 million, compared with an operating loss of ¥9 million in the same quarter of the previous year.」
The food business continued to report lower net sales and an operating loss, but the operating loss narrowed from ¥9 million in the same quarter of the previous year to ¥7 million. - FY2017-Q2WorsenedAnnual report
「As a result, net sales were ¥657 million, a decrease of ¥56 million (7.9%) from the same quarter of the previous year, while the operating loss was ¥17 million, compared with an operating loss of ¥6 million in the same quarter of the previous year.」
The food business reported lower net sales year on year, while the operating loss widened from ¥6 million in the same quarter of the previous year to ¥17 million. - FY2017-Q1First statedAnnual report
「The food business posted lower revenue as price competition intensified amid sluggish consumption. As a result, revenue was ¥316 million, down ¥36 million, or 10.4%, from the same quarter of the previous year, and operating loss was ¥18 million, compared with an operating loss of ¥2 million in the same quarter of the previous year.」
The food business reported lower net sales and an operating loss amid weak consumption and intensifying price competition.