Changes in the Business Environment from Consolidation in the Agrochemical Industry and the Wider Adoption of Generic Agrochemicals
First written in FY2018. 3 of 5 entries say "Worsened", first in FY2020. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「Although the agrochemical market is trending upward, there are concerns about the impact on orders of changes in clients' policies, as contract production accounts for the majority of this field, in addition to lost opportunities due to insufficient personnel and production capacity.」
The Company's description changed from its previous recognition of a shrinking agrochemicals market, industry consolidation and the adoption of generic agrochemicals to language indicating that the agrochemicals market is trending upward, while identifying shortages of personnel and production capacity and changes in customers' policies as the key challenges. - FY2023WorsenedAnnual report
「In the agribusiness field, concerns include the decline in the agricultural workforce and contraction of the agrochemicals market due to aversion to synthetic chemical pesticides.」
In addition to the existing consolidation in the agrochemicals industry and adoption of generic agrochemicals, the decline in the agricultural workforce and market contraction due to aversion to synthetic chemical pesticides were identified as risk factors. - FY2021WorsenedAnnual report
「The agribusiness sector is in a transitional period, with the agrochemicals industry facing issues including a shrinking market due to the decline in the agricultural workforce.」
In addition to consolidation in the agrochemicals industry and the adoption of generic agrochemicals, the Company explicitly identified market contraction caused by the decline in the agricultural workforce as a business-environment risk. - FY2020WorsenedAnnual report
「The agribusiness sector is entering a period of major change, including corporate consolidation within the agrochemicals industry and the growing adoption of generic agrochemicals.」
In addition to structural changes involving consolidation in the agrochemicals industry and the adoption of generic agrochemicals, the Company indicated the potential for lower profitability due to smaller-volume, greater-variety production and stricter environmental and quality standards, making its recognition of business-environment risks more specific. - FY2018First statedAnnual report
「The agribusiness sector is entering a period of major change, including corporate consolidation within the agrochemicals industry and the growing adoption of generic agrochemicals.」
The Company has disclosed corporate consolidation in the agrochemicals industry and the growing adoption of generic agrochemicals as new structural changes surrounding its agribusiness.