Ensuring a Stable Fertilizer Supply by Securing Raw Material and Product Inventories
First written in FY2023-Q2. 3 of 9 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Impact of Inventory Valuation and Inventory Management Associated with Structural ReformAnnual report
「In the fertilizer business, in addition to an increase in sales volume, revisions to fertilizer prices in June and November in response to soaring raw material prices resulted in revenue of ¥35,164 million, up 4.4% year on year. In terms of profit, although raw materials and product inventories procured before the price revisions contributed to higher profit, segment profit was ¥6 million, down 79.0% year on year, due to increased system-related expenses and the impact of inventory valuation, among other factors.」
Raw material and product inventories procured before the price revisions contributed to higher profit, while the impact of inventory valuation weighed on profit. Inventory holdings to ensure stable supply continue to affect profit or loss. - FY2026-H1Increase in inventories due to advance production in preparation for structural reformAnnual report
「Products and merchandise increased by ¥798 million, and raw materials and supplies increased by ¥596 million, mainly because some plants manufactured products ahead of schedule in preparation for the structural reform of the fertilizer business announced in the medium- to long-term growth strategy.」
Inventories of merchandise, products, raw materials and supplies increased due to advance production at some plants in preparation for structural reform of the fertilizer business. - FY2025MitigatedAnnual report
「In the fertilizer business, the trend toward lower-priced fertilizers continued, resulting in sales of ¥33,060 million, down 1.8% year on year. On the profit side, the impact of trading-margin losses on inventories held before fertilizer price cuts in the previous fiscal year was reduced, while efforts to control selling, general and administrative expenses proved effective, resulting in segment profit of ¥55 million, compared with a segment loss of ¥1,245 million in the year-earlier period.」
The impact of trading margin losses arising from inventories held before fertilizer prices declined eased, and the deterioration in profit or loss attributable to inventory risk was partially reduced from the previous fiscal year. - FY2025-H1Partial reduction of distribution inventories and increase in sales volumeAnnual report
「Although sales volume increased due to the reduction of some distribution inventories and rush demand ahead of the June fertilizer price increase, revenue in the fertilizer business was ¥14,609 million, down 3.7% year on year, owing to the significant decline in fertilizer prices since June of the previous year.」
Some of the distribution inventories held to ensure stable supply were reduced, and sales volume increased. Meanwhile, the impact of lower prices remains. - FY2024-Q3Negative impact of inventories held before fertilizer price cuts becoming apparentAnnual report
「Because raw material costs account for a high proportion of the fertilizer business's cost of sales, raw material and product inventories held to ensure stable supply can have a significant impact on profit or loss in accounting periods when raw material prices rise or fall substantially.」
Inventories of raw materials and products held to ensure stable supply became a source of loss in the current quarter through trading margin losses and other effects related to inventories held before fertilizer prices were cut. - FY2024-Q2RestatedAnnual report
「Under these business conditions, in the fertilizer business we focused on initiatives aimed at achieving sustainable agriculture, including the use of domestic resources such as compost and recycled phosphoric acid, while also maintaining a certain level of raw material and product inventories at all times, despite the associated inventory risk, to ensure stable supply.」
The company continues to maintain a certain level of raw material and product inventories at all times while assuming inventory risk, thereby maintaining stable fertilizer supply. - FY2024-Q1RestatedAnnual report
「Under these business conditions, in the fertilizer business we focused on initiatives aimed at achieving sustainable agriculture, including the use of domestic resources such as compost and recycled phosphoric acid, while also maintaining a certain level of raw material and product inventories at all times, despite the associated inventory risk, to ensure stable supply.」
The company continues to maintain a certain level of raw material and product inventories at all times while assuming inventory risk, thereby maintaining stable fertilizer supply. - FY2023-Q3RestatedAnnual report
「Furthermore, despite the unusual raw material market conditions that have continued since last year, we have continued to maintain a certain level of raw material and product inventories at all times, despite the associated inventory risk, in order to ensure stable supply as one of Japan's leading fertilizer manufacturers, and have continued to respond to rush demand in anticipation of price increases.」
The company continues to secure a certain level of raw material and product inventories while assuming inventory risk, thereby maintaining stable fertilizer supply and responding to rush demand ahead of price increases. - FY2023-Q2First statedAnnual report
「Furthermore, despite the unusual raw material market conditions that have continued since last year, we have maintained a certain level of raw material and product inventories at all times, despite the associated inventory risk, in order to ensure stable supply as one of Japan's leading fertilizer manufacturers, and have also responded to rush demand in anticipation of price increases.」
Amid unusual raw material market conditions, the company has continued to secure a certain level of raw material and product inventories while assuming inventory risk, and for the first time separately disclosed measures designed to achieve both stable supply and a response to rush demand ahead of price increases.