Intensifying Competition in the Plant-Based Food Market
First written in FY2021-Q2. 6 of 13 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025WorsenedAnnual report
「As profitability is expected to decline due to weakness in the North American plant-based food market, the carrying amount of assets related to Daiya Foods was reduced to their recoverable amount, and an impairment loss of ¥11,349 million was recognized.」
Weakness in the plant-based food market and declining profitability at Daiya Foods amid the competitive environment became apparent in fiscal 2025 in the form of an impairment loss of ¥11,349 million. - FY2024-Q1RestatedAnnual report
「Although the North American dairy-alternative cheese market was affected by the intensifying competitive environment and other factors, revenue increased due to foreign exchange effects.」
Although the intensifying competitive environment in the plant-based food market continues, revenue increased this quarter due to foreign exchange effects. - FY2023WorsenedAnnual report
「The Daiya Foods brand of plant-based foods posted lower revenue due to intensified competition and other factors in North America's dairy-alternative cheese market.」
The decline in revenue at Daiya Foods due to intensifying competition in the plant-based food market continued, and an impairment loss of ¥24,828 million was also recognized. - FY2023-Q3WorsenedAnnual report
「The Daiya Foods brand of plant-based foods posted lower revenue due to intensified competition and other factors in North America's dairy-alternative cheese market, but the company continues to expand its product lineup and distribution by leveraging its proprietary technologies.」
The decline in revenue for the Daiya Foods brand due to the intensifying competitive environment in the plant-based food market continued, and an impairment loss of ¥22,229 million was also recognized. - FY2023-Q2WorsenedAnnual report
「The Daiya Foods brand of plant-based foods posted lower revenue due to intensified competition and other factors in North America's dairy-alternative cheese market, but the company continues to expand its product lineup and distribution by leveraging its proprietary technologies.」
The intensifying competitive environment in the plant-based food market continued to reduce revenue for the Daiya Foods brand, and an impairment loss of ¥21,706 million was also recognized due to lower profitability. - FY2023-Q1MaterialisedAnnual report
「The Daiya Foods brand of plant-based foods saw a decline in revenue due to the intensifying competitive environment and other factors in the North American dairy-alternative cheese market, but continues to expand its product lineup and distribution by leveraging its proprietary technology.」
The intensifying competitive environment in the plant-based food market continues to be reflected in lower revenue for the Daiya Foods brand. Meanwhile, expansion of the product lineup and distribution is continuing. - FY2022RestatedAnnual report
「The Daiya Foods brand of plant-based foods saw a decline in revenue due to the intensifying competitive environment and other factors in the North American dairy-alternative cheese market, but revenue increased in yen terms due to foreign exchange effects.」
Although the intensifying competitive environment in the plant-based food market continues to reduce revenue on a local-currency basis, expansion of the product lineup and distribution using proprietary technology is continuing. - FY2022-Q3RestatedAnnual report
「The Daiya Foods brand of plant-based foods saw a decline in revenue on a local-currency basis due to the intensifying competitive environment and other factors in the North American dairy-alternative cheese market, but revenue was approximately unchanged year on year in yen terms due to foreign exchange effects.」
Although the intensifying competitive environment in the plant-based food market continues to reduce revenue on a local-currency basis, revenue in yen terms was approximately unchanged year on year. - FY2022-Q2MaterialisedAnnual report
「The Daiya Foods brand of plant-based foods saw a slight decline in revenue due to the intensifying competitive environment and other factors in the North American dairy-alternative cheese market, but continues to expand its product lineup and distribution by leveraging its proprietary technology.」
The intensifying competitive environment in the plant-based food market actually resulted in a slight decline in revenue for the Daiya Foods brand. Expansion of the product lineup and distribution is continuing. - FY2022-Q1RestatedAnnual report
「The Daiya Foods brand of plant-based foods has maintained the leading share of North America's dairy-alternative cheese market, supported by proactive initiatives including new product launches and expansion of production facilities.」
Although competition continues in the plant-based food market, the Daiya Foods brand maintains the leading market share in the dairy-alternative cheese market. - FY2021RestatedAnnual report
「Meanwhile, as the market expands rapidly, the number of new market entrants is increasing.」
The increase in new market entrants accompanying the expansion of the plant-based food market continues to be described as a change in the competitive environment. - FY2021-Q3RestatedAnnual report
「Meanwhile, as the market expands rapidly, the number of new market entrants is increasing.」
The increase in new market entrants accompanying the expansion of the plant-based food market continues to be described as a change in the competitive environment. - FY2021-Q2First statedAnnual report
「Meanwhile, as the market expands rapidly, the number of new market entrants is increasing.」
For Daiya Foods' plant-based food business, the increase in new market entrants accompanying market expansion was identified for the first time as an independent risk theme reflecting changes in the competitive environment.