Risk to agricultural-equipment demand from changes in agricultural-cooperative subsidy policies
First written in FY2018. 4 of 6 entries say "Restated". Latest entry: 2026-08-13.
Shibuya moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).
0 other companies' latest entry also says "Reframed".
- 2026-08-13ReframedRevision of earnings forecasts
「Demand to reorganize and consolidate aging sorting facilities is expanding under the government subsidy program “New Basic Plan Implementation and Agricultural Structural Transformation Support Project,” and investment in sorting and grading plants is expected to remain firm. Accordingly, an increase is expected.」
The policy driver for agricultural equipment demand has shifted from general subsidy and agricultural-policy risks to expanding demand to reorganize and consolidate sorting facilities under a specific government subsidy program. - FY2023RestatedAnnual report
「Agricultural cooperatives often use subsidies from the national government and local governments when introducing equipment, and their equipment plans may be affected by changes in national and other agricultural policies.」
The Company describes the impact of subsidies and changes in agricultural policy on agricultural cooperative equipment plans, as well as the expansion of global sales as a response. - FY2022RestatedAnnual report
「Agricultural cooperatives often use subsidies from the national government and local governments when introducing equipment, and their equipment plans may be affected by changes in national and other agricultural policies. The Group will closely monitor market trends while promoting the expansion of global sales.」
The Company reiterates the impact of subsidies and changes in agricultural policy on agricultural cooperative equipment plans, as well as the expansion of global sales as a response. - FY2021RestatedAnnual report
「Agricultural cooperatives often use subsidies from the national government and local governments when introducing equipment, and their equipment plans may be affected by changes in national and other agricultural policies.」
The Company reiterates the risk that agricultural cooperative equipment plans may be affected by subsidies and changes in agricultural policy. - FY2020RestatedAnnual report
「Agricultural cooperatives often use subsidies from the national government and local governments when introducing equipment, and their equipment plans may be affected by changes in national and other agricultural policies.」
The Company reiterates the risk that agricultural cooperative equipment plans may be affected by national and local government subsidies and changes in agricultural policy. - FY2018First statedAnnual report
「Agricultural cooperatives generally use subsidies from the national government and local governments when introducing equipment. Accordingly, their equipment plans may be affected by policy changes by the national government and other authorities, which could adversely affect business performance.」
The Company states that agricultural cooperatives rely on national and local government subsidies when introducing equipment, and that policy changes may affect their equipment plans.