Risks Related to the Use and Procurement of Animal-Derived Raw Materials
First written in FY2016. 1 of 5 entries say "Restated". Latest entry: FY2025.
Seikagaku moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「The permit is now required for exports overseas, but the Company is working with suppliers to address the matter and there is currently no impact on transactions with existing customers.」
Explicitly states that a permit is now required when exporting shark-derived raw materials overseas. The Company is addressing the matter with suppliers and states that there is no impact on transactions with existing customers. - FY2024WorsenedAnnual report
「At an international conference of the Convention on International Trade in Endangered Species of Wild Fauna and Flora held in November 2022, it was decided that a species of shark used by the Company as a raw material would become subject to regulation and that an export permit would be required. The Japanese government has stated that it will enter a reservation with respect to the regulated species, so the regulation does not apply to domestic transactions. Exporting the species overseas, however, will likely require the permit. The Company is working with suppliers to address this issue and currently believes that there is no impact on transactions with existing customers.」
Describes a new regulatory risk involving a species of shark used as an animal-derived raw material, which became subject to CITES regulation and will likely require a permit for export overseas. States that there is currently no impact on transactions with existing customers. - FY2021MitigatedAnnual report
「The Company is also developing products using fermentation-derived raw materials and test methods using genetically modified organisms, in an effort to minimize these risks.」
To address the risks associated with procuring and using animal-derived raw materials, the Company is diversifying suppliers, maintaining inventories, and developing products using fermentation-derived raw materials and test methods using genetically modified organisms. - FY2017RestatedAnnual report
「Many of the products of the Group use ingredients derived from animals such as chickens, sharks and horseshoe crabs as raw materials.」
Reiterates the potential impact of restrictions on the use of, or difficulty procuring, animal-derived raw materials. - FY2016First statedAnnual report
「Many of the products of the Group use ingredients derived from animals such as chickens, sharks and horseshoe crabs as raw materials.」
Indicates the potential impact on business performance if the use of animal-derived ingredients is restricted or procurement becomes difficult.