Risk of Declining Feed Demand and Volatility in Feed Ingredient Market Conditions
First written in FY2017. 17 of 19 entries say "Restated". Latest entry: FY2026.
Katakura & Co-op Agri moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In addition, unexpected events, such as a substantial decline in livestock numbers due to culling following an outbreak of avian influenza or other poultry diseases, may cause demand to weaken in specific markets, including the feed market.」
In addition to the existing risks related to demand for livestock products and feed-ingredient markets, declining livestock numbers due to avian influenza and other diseases and weak demand in the feed market have been added as specific risk factors. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It is stated that there have been no material changes in the risks of declining feed demand and volatility in feed-ingredient markets. - 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 risks of declining feed demand and volatility in feed-ingredient markets. - 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 risks of declining feed demand and volatility in feed-ingredient markets. - 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 risks of declining feed demand and volatility in feed-ingredient markets. - 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 risks of declining feed demand and volatility in feed-ingredient markets. - 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 risks of declining feed demand and volatility in feed-ingredient markets. - FY2022-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 risks of declining feed demand and volatility in feed-ingredient markets. - FY2021-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 comprehensively that there have been no material changes in the risks of declining feed demand and volatility in feed-ingredient markets. - FY2021-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 risks of declining feed demand and volatility in feed-ingredient markets. - FY2020RestatedAnnual report
「If declining domestic demand for livestock products leads to reduced or suspended production of compound feed, or if fluctuations in domestic and overseas feed-ingredient markets lead to increased use of substitute ingredients, the group's operating results and financial position may be affected.」
The risks related to demand for livestock products and feed-ingredient markets continue. - FY2020-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.」
It is stated that there have been no material changes in the risks of declining feed demand and volatility in feed-ingredient markets. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risks of declining feed demand and volatility in feed-ingredient markets. - FY2019RestatedAnnual report
「If declining domestic demand for livestock products leads to lower production of compound feed, or if fluctuations in domestic and overseas feed-ingredient markets lead to increased use of substitute ingredients, the group's operating results and financial position may be affected.」
The risks related to demand for livestock products and feed-ingredient markets continue. - FY2019-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.」
It is stated comprehensively that there have been no material changes in the risks of declining feed demand and volatility in feed-ingredient markets. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It is stated comprehensively that there have been no material changes in the risks of declining feed demand and volatility in feed-ingredient markets. - FY2018RestatedAnnual report
「If declining domestic demand for livestock products leads to lower production of compound feed, or if fluctuations in domestic and overseas feed-ingredient markets lead to increased use of substitute ingredients, the group's operating results and financial position may be affected.」
The risks related to demand for livestock products and feed-ingredient markets continue. - FY2018-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated comprehensively that there have been no material changes in the risks of declining feed demand and volatility in feed-ingredient markets. - FY2017First statedAnnual report
「If declining domestic demand for livestock products leads to lower production of compound feed, or if fluctuations in domestic and overseas feed-ingredient markets lead to increased use of substitute ingredients, the group's operating results and financial position may be affected.」
For the feed business, declining demand for livestock products and volatility in feed-ingredient markets have been identified as separate risks for the first time.