Structural Changes in the Food Industry and Diversification of Consumer Needs
First written in FY2018-Q1. 9 of 25 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Full-Year Update on Demand and Industry ConditionsAnnual report
「In the domestic market, sales volume remained firm, and the effects of ongoing price revisions resulted in net sales exceeding those of the same period of the previous year. In overseas markets, conditions were firm, particularly in the Americas, and net sales exceeded those of the same period of the previous year.」
Domestic sales volume and overseas demand, particularly in the Americas, remained firm, and full-year sales in the packaging film segment exceeded those of the same period of the previous year. - FY2025Full-Year Inventory Adjustment Complete and Orders RecoveringAnnual report
「In the domestic market, the inventory adjustment phase that affected the previous year's results had run its course, and firm orders resulted in net sales exceeding those of the same period of the previous year.」
In the domestic packaging film business, the previous year's inventory adjustment had run its course, and firm orders resulted in full-year sales exceeding those of the same period of the previous year. - FY2025-H1Inventory Adjustment Complete and Orders RecoveringAnnual report
「In the domestic market, the inventory adjustment phase that affected the previous year's results had run its course, and orders remained firm. As a result, net sales exceeded those of the same period of the previous year.」
In the domestic packaging film business, the inventory adjustment that affected the previous year's results had run its course, and firm orders resulted in sales exceeding those of the same period of the previous year. - FY2024Full-Year Confirmation of the Demand Adjustment Phase in the Post-COVID PeriodAnnual report
「In the flexible packaging materials industry, changes in consumer activity accompanying the transition to the post-COVID period have caused the previously steady demand to subside, leaving the industry in an adjustment phase. On the cost side, it is also being affected by persistently high raw material prices and rising energy prices.」
For the full year, the company explicitly states that the strong demand seen through the previous year has subsided and that the flexible packaging materials industry is in a demand adjustment phase. - FY2024-Q3Transition to a Demand Adjustment Phase in the Post-COVID PeriodAnnual report
「In the flexible packaging materials industry, as the transition to the post-COVID period progresses, the strong demand seen through the previous year has subsided and the industry is in an adjustment phase. On the cost side, it is also being affected by persistently high raw material prices and rising energy prices.」
The company explicitly states that the strong demand seen through the previous year has subsided and that the flexible packaging materials industry has entered an adjustment phase. It also cites persistently high raw material prices and rising energy prices. - FY2024-Q2Front-Loaded Demand Eases and Demand NormalizesAnnual report
「In the flexible packaging materials industry, although demand remains firm, the demand brought forward due to logistics problems overseas has begun to ease, and the demand boost generated during the COVID-19 pandemic is gradually subsiding.」
While underlying demand for flexible packaging materials remains firm, front-loaded demand driven by logistics problems overseas and the demand boost from the COVID-19 pandemic have eased, with demand growth entering a period of moderation. - FY2024-Q1Demand Adjustment and the Fading of Front-Loaded DemandAnnual report
「In the flexible packaging materials industry, although demand remains firm, the front-loaded demand effect caused by last year's rise in raw material prices and, overseas, by logistics problems, has faded, and demand growth has entered a period of moderation.」
While demand for flexible packaging materials remains firm, the front-loaded demand effect associated with logistics problems overseas has faded, and the company states that demand growth has entered a period of moderation. - FY2023-Q3RestatedAnnual report
「In the flexible packaging materials industry as well, the outlook remains uncertain, with raw material prices and other costs expected to remain elevated alongside soaring energy costs.」
For the flexible packaging materials industry, soaring energy costs and the outlook for persistently high raw material and other prices are cited as continuing sources of uncertainty concerning demand conditions. - FY2023-Q2Second-Quarter Update on Demand ConditionsAnnual report
「In the flexible packaging materials industry as well, the outlook remains uncertain due to soaring raw material prices, difficulties in procurement and the impact of the weaker yen.」
Even during the demand recovery phase following the easing of restrictions on activities, soaring raw material prices, procurement difficulties and the weaker yen are cited as factors clouding the outlook for the flexible packaging materials industry. - FY2023-Q1Quarterly Update on Demand ConditionsAnnual report
「In the flexible packaging materials industry, products related to meals prepared at home and prepared foods continued to perform steadily even as COVID-19-related restrictions on activities were eased. Meanwhile, the impact of soaring raw material prices due to emerging geopolitical risks and the weaker yen has begun to appear in the industry, leaving the outlook uncertain.」
While restrictions on activities were eased, demand related to meals prepared at home and prepared foods remained firm. The company states that the impact of soaring raw material prices due to geopolitical risks and the weaker yen has begun to emerge in the industry. - FY2022Update on the Operating Environment, Demand and Labor OutlookAnnual report
「Meanwhile, over the long term, total demand and the labor force are expected to decline gradually as Japan's population decreases, creating a risk of downward pressure on domestic economic growth.」
In addition to the previously identified structural changes in food and packaging demand, the company explicitly identifies the long-term decline in total domestic demand and the labor force as risks in the operating environment. - FY2022-Q3RestatedAnnual report
「In the flexible packaging materials industry, products related to meals prepared at home and prepared foods continued to perform steadily against the backdrop of the prolonged COVID-19 pandemic. However, the outlook remains uncertain amid concerns including delays in procuring raw materials and rising prices due to global supply chain disruptions.」
The company continues to cite concerns over delays in procuring raw materials and rising prices due to global supply chain disruptions, while demand related to meals prepared at home and prepared foods remains firm. - FY2022-Q2Concerns Over Procurement and Prices Due to Supply Chain DisruptionsAnnual report
「In the flexible packaging materials industry, products related to meals prepared at home and prepared foods continued to perform steadily against the backdrop of the prolonged COVID-19 pandemic. Meanwhile, the outlook remains uncertain amid concerns including delays in procuring raw materials and rising prices due to global supply chain disruptions.」
While demand related to meals prepared at home and prepared foods remains firm, delays in procuring raw materials and rising prices due to global supply chain disruptions are identified as industry concerns. - FY2022-Q1Established Stay-at-Home Consumption and the Outlook for Economic NormalizationAnnual report
「In the flexible packaging materials industry, products related to meals prepared at home and prepared foods continued to perform steadily as stay-at-home consumption became established while the impact of COVID-19 persisted. Meanwhile, although the end of the COVID-19 pandemic remains out of sight, restrictions in various countries are being eased gradually as vaccination progresses, and the outlook remains uncertain, with prices of various raw materials expected to rise as economic activity normalizes.」
While demand for products related to meals prepared at home and prepared foods remains firm as stay-at-home consumption becomes established, the company describes the outlook for economic normalization and rising raw material prices accompanying vaccinations and the easing of restrictions. - FY2021-Q2More Specific Declines in Demand by Industry Due to COVID-19Annual report
「In the flexible packaging materials industry, food products related to prepared foods and meals prepared at home continued to perform steadily amid calls for people to refrain from going out. Meanwhile, with no clear end to the COVID-19 pandemic in sight, demand declined mainly for products related to dining out, cosmetics and amenities, and recovery is expected to take time.」
While demand for products related to prepared foods and meals prepared at home remained firm, the company describes declining demand for dining out, cosmetics and amenities, together with a prolonged recovery outlook. - FY2021-Q1Changes in the Demand Mix Due to COVID-19Annual report
「In the flexible packaging materials industry, food-related demand remained firm as demand for prepared foods and meals prepared at home increased following requests for people to refrain from going out. Meanwhile, although the timing of the end of the COVID-19 pandemic remains uncertain, consumer behavior is gradually returning to normal after a temporary explosive increase in demand.」
Although demand for prepared foods and meals prepared at home increased as people refrained from going out, the company describes a shift in food and packaging demand as consumer behavior gradually returns to normal after a temporary surge. - FY2020Greater Clarity on the Domestic Demand OutlookAnnual report
「Meanwhile, as Japan's domestic population declines, total consumption is expected to gradually decrease over the long term, and packaging demand is also expected to contract gradually.」
While demand for prepared foods and small-volume liquid packaging remains firm, the company has provided a more specific outlook for the long-term contraction in total consumption and packaging demand against the backdrop of population decline. - FY2020-Q3RestatedAnnual report
「In the flexible packaging materials industry, demand for new forms of packaging associated with changing lifestyles remains firm, but the industry is beginning to be affected by the impact of crude oil price fluctuations on raw material prices, lost business opportunities resulting from adverse weather conditions, responses such as reducing the use of plastics in response to environmental issues, and efforts in the distribution industry to optimize supply volumes and extend shelf life in order to reduce food waste.」
While demand for new forms of packaging remains firm, structural changes in the food and distribution industries, including plastic reduction, food waste reduction, supply optimization and longer shelf lives, are becoming increasingly evident. - FY2020-Q1RestatedAnnual report
「Demand for new forms of packaging driven by changes in lifestyles supported steady conditions in the flexible packaging materials industry.」
The company continues to recognize that demand for new forms of packaging driven by changes in lifestyles is supporting demand in the flexible packaging materials industry. - FY2019RestatedAnnual report
「In the food industry, our group's main area of focus, distribution is being restructured around large-scale retailers, while increasingly diverse eating occasions, including meals prepared at home, prepared foods and dining out, are emerging alongside the arrival of an aging society with a declining birthrate. Demand is increasing for foods that can be prepared easily as the number of single-person and dual-income households grows.」
An aging society with a declining birthrate, diversification of eating occasions, increases in single-person and dual-income households, and demand for foods that are easy to prepare are described as structural changes in the food industry. - FY2019-Q3RestatedAnnual report
「Demand for new forms of packaging driven by changes in lifestyles supported steady conditions in the flexible packaging materials industry.」
Demand for new forms of packaging driven by changes in lifestyles is described as supporting demand for flexible packaging materials. - FY2019-Q2RestatedAnnual report
「In the flexible packaging materials industry, demand for packaging materials remained firm against a backdrop of solid consumption, but raw material prices and energy costs have tended to remain high due to soaring crude oil prices, and the possibility of another increase in raw material prices raises concerns about further cost increases.」
Although demand for flexible packaging materials remains firm, higher crude oil prices, rising raw material and energy costs, and the potential for additional cost increases are identified as industry conditions. - FY2018-Q3RestatedAnnual report
「In the food industry, our group's main area of focus, the arrival of an aging society with a declining birthrate is accompanied by increasingly diverse eating occasions, including meals prepared at home, prepared foods and dining out. Consumer preferences increasingly emphasize low prices and convenience, while distribution is being restructured around large-scale retailers, and the import ratio and safety issues concerning food are becoming increasingly pronounced.」
An aging society with a declining birthrate, diversification of eating occasions and consumer preferences, distribution restructuring, and food import and safety issues continue to be described as structural conditions in the food industry. - FY2018-Q2RestatedAnnual report
「In the food industry, our group's main area of focus, the arrival of an aging society with a declining birthrate is accompanied by increasingly diverse eating occasions, including meals prepared at home, prepared foods and dining out. Consumer preferences increasingly emphasize low prices and convenience, while distribution is being restructured around large-scale retailers, and the import ratio and safety issues concerning food are becoming increasingly pronounced.」
An aging society with a declining birthrate, diversification of eating occasions and consumer preferences, distribution restructuring, and food import and safety issues continue to be described as structural conditions in the food industry. - FY2018-Q1First statedAnnual report
「In the food industry, our group's main area of focus, the arrival of an aging society with a declining birthrate is accompanied by increasingly diverse eating occasions, including meals prepared at home, prepared foods and dining out. Consumer preferences increasingly emphasize low prices and convenience, while distribution is being restructured around large-scale retailers, and the import ratio and safety issues concerning food are becoming increasingly pronounced.」
An aging society with a declining birthrate, diversification of eating occasions and consumer preferences, distribution restructuring, and food import and safety issues are identified as structural conditions in the group's core food industry.