Risk of Declining Fertilizer Demand Due to Structural Changes in Domestic Agriculture
First written in FY2016. 19 of 31 entries say "Restated". Latest entry: FY2026.
Katakura & Co-op Agri moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Domestic demand is also continuing to trend weak due to deferred purchases, reduced application rates and farmers leaving the industry.」
In addition to structural changes in domestic agriculture, weak demand due to deferred purchases, reduced application rates and farmers leaving the industry continues. The risks continue to materialize. - FY2025MaterialisedAnnual report
「Accordingly, domestic fertilizer prices remain elevated, and the trend of weak demand due to deferred purchases, reduced application rates and a shift to lower-priced fertilizers continues.」
Deferred purchases, reduced application rates and a shift to lower-priced fertilizers, driven by elevated fertilizer prices, are reflected in the actual business environment as weak demand. - FY2025-H1MaterialisedAnnual report
「In the fertilizer business, sales volume increased due to the clearance of some distribution inventories and rush demand ahead of fertilizer price increases in June. However, the substantial fertilizer price cuts since June of the previous year resulted in sales of ¥14,609 million, down 3.7% year on year. On the profit side, although performance improved year on year, the business recorded a segment loss of ¥316 million due to weak underlying demand and other factors, compared with a loss of ¥397 million in the year-earlier period.」
Weak underlying demand is identified as a factor behind the fertilizer segment loss, with the impact of declining domestic fertilizer demand reflected in operating performance. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk of declining fertilizer demand due to structural changes in domestic agriculture. - FY2024-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 management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk of declining fertilizer demand due to structural changes in domestic agriculture. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk of declining fertilizer demand due to structural changes in domestic agriculture. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk of declining fertilizer demand due to structural changes in domestic agriculture. - FY2023-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 management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk of declining fertilizer demand due to structural changes in domestic agriculture. - FY2022-Q3RestatedAnnual report
「In the fertilizer industry, domestic fertilizer consumption is on a declining trend due to structural problems, including the expansion of abandoned farmland, as well as the trend toward reviewing fertilization plans for environmental considerations.」
The view that domestic fertilizer consumption is on a declining trend due to structural problems, including the expansion of abandoned farmland, and the review of fertilization plans for environmental considerations continues. - FY2022-Q2RestatedAnnual report
「In the fertilizer industry, domestic fertilizer consumption is on a declining trend due to structural problems, including the expansion of abandoned farmland, as well as the trend toward reviewing fertilization plans for environmental considerations.」
The view that domestic fertilizer consumption is on a declining trend due to structural problems, including the expansion of abandoned farmland, and the review of fertilization plans for environmental considerations continues. - FY2022-Q1WorsenedAnnual report
「In the fertilizer industry, domestic fertilizer consumption is on a declining trend due to structural problems, including the expansion of abandoned farmland, as well as the trend toward reviewing fertilization plans for environmental considerations.」
In addition to existing structural problems, including the expansion of abandoned farmland, the review of fertilization plans for environmental considerations is newly identified as a factor behind the decline in domestic fertilizer consumption. - FY2021-Q3WorsenedAnnual report
「Although the environment surrounding Japanese agriculture has undergone structural changes, including an increase in large-scale producers and agricultural corporations, conditions remain difficult due to the aging of agricultural workers, a shortage of successors, the expansion of abandoned farmland, the loss of foreign labor due to the COVID-19 pandemic, and declining demand from the food-service and inbound tourism sectors. In addition, successive large-scale natural disasters have caused extensive damage to agricultural workers, and a further decline in fertilizer demand is expected.」
In addition to the existing factors of an aging population, a shortage of successors, abandoned farmland and natural disasters, the loss of foreign labor and declining food-service and inbound tourism demand are explicitly identified as factors behind the decline in fertilizer demand. - FY2021-Q2RestatedAnnual report
「Although the environment surrounding Japanese agriculture has undergone structural changes, including an increase in large-scale producers and agricultural corporations, conditions remain difficult due to the aging of agricultural workers, a shortage of successors and the expansion of abandoned farmland. In addition, the successive large-scale natural disasters since last year have caused extensive damage to agricultural workers, raising concerns about a further decline in fertilizer demand.」
The continuing concern over declining fertilizer demand due to the aging population, a shortage of successors, abandoned farmland and natural disasters is noted, while referring to the structural change represented by the increase in large-scale producers and agricultural corporations. - FY2021-Q1RestatedAnnual report
「Although the environment surrounding Japanese agriculture has undergone structural changes, including an increase in large-scale producers and agricultural corporations, conditions remain difficult due to the aging of agricultural workers, a shortage of successors and the expansion of abandoned farmland. In addition, the successive natural disasters that occurred last year caused extensive damage to agricultural workers, raising concerns about a further decline in fertilizer demand.」
The continuing concern over declining fertilizer demand due to the aging population, a shortage of successors, abandoned farmland and natural disasters is noted, while referring to the structural change represented by the increase in large-scale producers and agricultural corporations. - FY2020RestatedAnnual report
「If the decline in fertilizer demand accompanying lower agricultural production becomes pronounced, due to reduced consumption of agricultural products resulting from population decline, increased imports of agricultural products, the aging of farmers, and shrinking arable land due to urbanization, it could affect the Group's operating performance and financial position.」
The risk of declining fertilizer demand due to population decline, increased imports, an aging population, urbanization and shrinking arable land continues. - FY2020-Q3WorsenedAnnual report
「To stem the decline of Japanese agriculture, the government has established the Agricultural Competitiveness Enhancement Program as one of its measures, under which it is taking steps to reduce production material prices and promote the reorganization of the production materials industry. The National Federation of Agricultural Cooperative Associations, our largest customer, is also making purchases through a centralized purchasing system aimed at reducing fertilizer prices, further intensifying price competition in the shrinking fertilizer market. In addition, successive natural disasters have caused extensive damage to agricultural workers, raising concerns about a further decline in demand.」
In addition to the existing decline in domestic demand, extensive damage to agricultural workers from successive natural disasters and concerns about a further decline in fertilizer demand have been identified. - FY2020-Q2RestatedAnnual report
「To stem the decline of Japanese agriculture, the government has established the Agricultural Competitiveness Enhancement Program as one of its measures, under which it is taking steps to reduce production material prices and promote the reorganization of the production materials industry. The National Federation of Agricultural Cooperative Associations, our largest customer, is also making purchases through a centralized purchasing system aimed at reducing fertilizer prices, further intensifying price competition in the shrinking fertilizer market.」
The continuing decline of Japanese agriculture and the structural severity surrounding the shrinking fertilizer market and fertilizer demand continue to be noted. - FY2020-Q1RestatedAnnual report
「In the fertilizer industry, amid declining domestic demand, the government is taking measures under the Agricultural Competitiveness Enhancement Program to reduce the prices of production materials and promote the reorganization of the production materials industry.」
The continuing decline in domestic fertilizer demand and the government's measures to reduce production material prices and reorganize the industry continue to be noted. - FY2019RestatedAnnual report
「If a decline in fertilizer demand accompanying lower agricultural production becomes apparent, owing to factors including declining consumption of agricultural products due to population decline, increased agricultural imports, the aging of farmers, and a reduction in cultivated land due to urbanization, this could affect the Group's operating results and financial position.」
The risk of declining fertilizer demand due to population decline, increased imports, an aging population, urbanization and shrinking arable land continues. - FY2019-Q3RestatedAnnual report
「In the fertilizer industry, amid declining domestic demand,」
The continuing decline in domestic fertilizer demand is noted, but no new structural deterioration factors have been identified since the previous quarter. - FY2019-Q2RestatedAnnual report
「In the fertilizer industry, demand continues to decline without abating as structural problems in Japanese agriculture, including the aging of agricultural workers, a shortage of successors, and the expansion of abandoned farmland, become more pronounced, along with stronger efforts to reduce agricultural production costs.」
The decline in fertilizer demand associated with the structural problems facing Japanese agriculture and efforts to reduce production costs is continuing, as in the previous quarter. - FY2019-Q1WorsenedAnnual report
「In the fertilizer industry, demand continues to decline without abating as structural problems in Japanese agriculture, including the aging of agricultural workers, a shortage of successors, and the expansion of abandoned farmland, become more pronounced, along with stronger efforts to reduce agricultural production costs.」
The structural problems facing Japanese agriculture and efforts to reduce production costs are continuing, and fertilizer demand remains unchecked in its decline. - FY2018WorsenedAnnual report
「Domestic shipments of high-analysis compound fertilizer across the industry have declined by approximately 180,000 tons, or approximately 20%, compared with 10 years ago.」
The decline in fertilizer demand associated with structural changes in domestic agriculture is quantified as a decline of 180,000 tons, or approximately 20%, over 10 years. - FY2018-Q3RestatedAnnual report
「In the fertilizer industry, demand remains sluggish as structural problems in Japanese agriculture, including the aging of agricultural workers, a shortage of successors, and the expansion of abandoned farmland, become more pronounced, along with stronger efforts to reduce agricultural production costs.」
The continued slump in fertilizer demand associated with the aging of agricultural workers, a shortage of successors, abandoned farmland, and efforts to reduce production costs is stated. - FY2018-Q2RestatedAnnual report
「In the fertilizer industry, demand remains sluggish as structural problems in Japanese agriculture, including the aging of agricultural workers, a shortage of successors, and the expansion of abandoned farmland, become more pronounced, along with stronger efforts to reduce agricultural production costs.」
The continued slump in fertilizer demand associated with the aging of agricultural workers, a shortage of successors, abandoned farmland, and efforts to reduce production costs is stated. - FY2018-Q1RestatedAnnual report
「In the fertilizer industry, demand remains sluggish as structural problems in Japanese agriculture, including the aging of agricultural workers, a shortage of successors, and the expansion of abandoned farmland, become more pronounced, along with stronger efforts to reduce agricultural production costs.」
The continued slump in fertilizer demand associated with the aging of agricultural workers, a shortage of successors, abandoned farmland, and efforts to reduce production costs is stated. - FY2017WorsenedAnnual report
「Reviews of agricultural management, including efforts to reduce agricultural material costs and policies to reduce fertilizer use, are also expected to lead to lower fertilizer demand and could affect the Group's operating results and financial position.」
In addition to the previous factors, including population decline and aging, reductions in agricultural material costs and policies to reduce fertilizer use are expressly identified as factors behind declining fertilizer demand, broadening the range of risk factors. - FY2017-Q3RestatedAnnual report
「In the fertilizer industry, fertilizer demand continues to decline owing to the aging of agricultural workers, a shortage of successors, and the expansion of abandoned farmland, among other factors.」
The decline in fertilizer demand associated with structural problems in agriculture continues, but no new deterioration factors from the previous quarter are indicated. - FY2017-Q2MaterialisedAnnual report
「In the fertilizer industry, fertilizer demand continues to decline owing to the aging of agricultural workers, a shortage of successors, and the expansion of abandoned farmland, among other factors.」
The decline in fertilizer demand associated with structural problems in agriculture continues, and during the quarter, lower demand due to unfavorable weather appears in actual results as a factor behind the failure to meet the initial forecast. - FY2017-Q1WorsenedAnnual report
「Demand remains sluggish as structural problems in Japanese agriculture, including the aging of agricultural workers, a shortage of successors, and the expansion of abandoned farmland, become more pronounced, along with stronger efforts to reduce agricultural production costs.」
It is stated that structural problems in agriculture and stronger efforts to reduce production costs are prolonging sluggish fertilizer demand. The materialization of the risk is also indicated. - FY2016First statedAnnual report
「If a decline in fertilizer demand accompanying lower agricultural production becomes apparent, owing to factors including declining consumption of agricultural products due to population decline, increased agricultural imports, the aging of farmers, and a reduction in cultivated land due to urbanization, this could affect the Group's operating results and financial position.」
Population decline, imports, aging, urbanization, and the reduction in cultivated land are identified as factors behind declining fertilizer demand.