Depletion of eel resources and surging food ingredient prices
First written in FY2016. 14 of 18 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 3 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「Purchase prices could also rise due to fluctuations in market prices and foreign exchange rates, resulting in higher cost of sales. Although we are working to secure multiple procurement routes, any difficulty in securing a stable supply of food ingredients could affect the group’s performance through lower sales volumes and a higher cost ratio.」
The company restates the risks of depletion of resources such as eel, shortages and surging prices of food ingredients, and higher costs resulting from foreign exchange fluctuations, as well as its policy of securing multiple procurement routes. - FY2025-H1MaterialisedAnnual report
「As a support measure for licensed restaurants in response to higher raw material prices, including rice, we are reducing royalties.」
Higher raw material prices have resulted in the concrete response of reducing royalties for licensed restaurants, showing that the impact of rising food ingredient and raw material prices has materialized. No quantified loss amount is provided. - FY2024RestatedAnnual report
「Although we are working to secure multiple procurement routes, any difficulty in securing a stable supply of food ingredients could affect the group’s performance through lower sales volumes and a higher cost ratio.」
The company restates the risks of depletion of resources such as eel, shortages and surging prices of food ingredients, and its policy of securing multiple procurement routes. - FY2024-H1RestatedAnnual report
「Although the operating environment remains challenging due to higher raw material prices and utility costs and rising labor costs,」
The company continues to describe the risk of higher costs in the food service business resulting from increases in raw material prices, utility costs, and labor costs. - FY2024-Q1RestatedAnnual report
「The operating environment remains challenging, due to higher raw material prices and utility costs and rising labor costs.」
The company restates the risk of higher food ingredient and operating costs resulting from increases in raw material prices, utility costs, and labor costs. - FY2023-Q3RestatedAnnual report
「The operating environment remains challenging, due to higher raw material prices and utility costs and rising labor costs.」
The company restates the risk of higher food ingredient and operating costs resulting from increases in raw material prices, utility costs, and labor costs. - FY2023-Q1RestatedAnnual report
「The operating environment remains challenging, due to higher raw material prices and utility costs and rising labor costs.」
The company restates the risk of higher food ingredient and operating costs resulting from increases in raw material prices, utility costs, and labor costs. - FY2022-Q3WorsenedAnnual report
「The operating environment remains challenging, due to factors including higher raw material prices and utility costs caused by the weaker yen, as well as rising labor costs.」
Higher raw material prices caused by the weaker yen and other factors are identified, together with rising utility and labor costs, as drivers of higher food ingredient and operating costs. - FY2022-Q2WorsenedAnnual report
「Surging resource prices and purchase prices for raw materials」
Surging resource prices and purchase prices for raw materials are identified as food ingredient price risks in the operating environment for the current period in the food service business. - FY2019RestatedAnnual report
「Although we are working to secure multiple procurement routes, any difficulty in securing a stable supply of food ingredients could affect the group’s performance through lower sales volumes and a higher cost ratio.」
The company restates the risks of depletion of eel resources, adverse weather, and shortages and surging prices of food ingredients due to foreign exchange rates and market prices, as well as its policy of securing multiple procurement routes. - FY2018RestatedAnnual report
「Although we are working to secure multiple procurement routes, any difficulty in securing a stable supply of food ingredients could affect the group’s performance through lower sales volumes and a higher cost ratio.」
The company restates the risks of depletion of eel resources, shortages and surging prices of food ingredients due to adverse weather and crop pests, and shortages and surging prices caused by foreign exchange rates and market prices. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there were no material changes to existing risks, including depletion of eel resources and surging food ingredient prices. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there were no material changes to existing risks, including depletion of eel resources and surging food ingredient prices. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there were no material changes to existing risks, including depletion of eel resources and surging food ingredient prices. - FY2017RestatedAnnual report
「Although we are working to secure multiple procurement routes, any difficulty in securing a stable supply of food ingredients could affect the group’s performance through lower sales volumes and a higher cost ratio.」
The company continues to describe the risks of depletion of resources, procurement difficulties, and surging prices for food ingredients, including eel. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no material changes in the matters described in the quarterly securities report concerning the status of the business, financial position, or other matters that could materially affect investors’ decisions, nor in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there were no material changes concerning depletion of eel resources and surging food ingredient prices. - FY2017-Q1RestatedAnnual report
「There were no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states collectively that there were no material changes concerning depletion of eel resources and surging food ingredient prices. - FY2016First statedAnnual report
「Eel, a key ingredient in our food service business, has seen its catch volumes decline year after year. In June 2015, the International Union for Conservation of Nature (IUCN) designated the Japanese eel as an endangered species on its Red List.」
The company indicates that depletion of eel resources, shortages of food ingredients, and surging prices could affect procurement and performance.