Impact of Unfavorable Weather and Natural Disasters on the Food Business
First written in FY2019-Q1. 7 of 13 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2026.
Buffalo moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).
The whole theme swung hardest in 2022: 11 of 19 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual report
「No company engaged in the food business remains within our group.」
Weather and natural-disaster risks in the food business are not disclosed in this filing because the food business was excluded from consolidation. - FY2023-Q1MaterialisedAnnual report
「In the household market, the Company actively worked to expand sales of value-added products using domestically sourced ingredients, such as Ryusui Men and Taikoban, for which consumer campaigns were conducted, and sought to expand branded products such as Kenbimen, Momiuchi and Teppanmen, as well as household frozen noodles. However, sales declined partly due to adverse weather.」
Despite efforts to promote household food products, adverse weather actually emerged as a factor behind lower sales. - FY2022-Q3MaterialisedAnnual report
「In terms of sales, household-use products expanded, including 'Taikoban,' for which a new product targeting western Japan was launched, branded products such as 'Ryusui-men,' 'Momiuchi' and 'Teppan-men,' and household-use frozen noodles. However, sales declined due in part to the reversal of the previous year's surge in demand and unfavorable weather.」
Adverse weather, together with the reversal of the previous year's exceptional demand, actually emerged as a factor behind lower household-food sales. - FY2022-Q2RestatedAnnual report
「In the fresh noodle industry, the household chilled-noodle market has contracted year on year due in part to the reversal of the sharp demand increase during the previous year's state of emergency and the effects of adverse weather, although it continues to remain at a high level.」
The household chilled-noodle market contracted year on year due to the reversal of the previous year's demand increase and adverse weather, with the impact of weather conditions continuing to be reflected in market conditions. - FY2021-Q3MaterialisedAnnual report
「Meanwhile, in the fresh noodle industry, the household chilled- and frozen-noodle market expanded despite being affected by adverse summer weather, supported in part by increased opportunities to eat at home as people refrained from going out and by consumers' growing preference for preparing food themselves.」
The disclosure states that adverse summer weather affected the household chilled- and frozen-noodle market, indicating that weather-related risk continues to be reflected in actual market conditions. Meanwhile, the overall market expanded due in part to increased opportunities to eat at home. - FY2021-Q2RestatedAnnual report
「Meanwhile, in the fresh noodle industry, the household chilled- and frozen-noodle market expanded despite being affected by a delayed end to the rainy season and record-low sunshine, supported in part by increased opportunities to eat at home as people refrained from going out and by consumers' growing preference for preparing food themselves.」
Although the impact of weather conditions, including the delayed end of the rainy season and insufficient sunshine, continued, the disclosure states that the household market expanded due in part to increased opportunities to eat at home. - FY2020RestatedAnnual report
「In terms of sales, household products declined due to sluggish seasonal-product sales resulting from adverse summer weather and a mild winter, as well as a review of unprofitable products.」
The continued disclosure states that sluggish seasonal-product sales due to adverse weather and a mild winter led to lower full-year food sales. - FY2020-Q3MaterialisedAnnual report
「In terms of sales, household products declined due to sluggish seasonal-product sales resulting from adverse summer weather and a mild winter, as well as a review of unprofitable products.」
Seasonal-product sales struggled due to adverse summer weather and a mild winter, with weather-related risk materializing as lower food-business sales. - FY2020-Q2MaterialisedAnnual report
「Meanwhile, in the fresh and business-use frozen noodle industry, the household chilled-noodle market contracted because it was significantly affected by weather conditions such as a prolonged rainy season and low temperatures, in addition to factors including population decline and the increasing reliance on eating outside the home.」
The household chilled-noodle market contracted due to weather conditions such as a prolonged rainy season and low temperatures, with weather-related risk materializing as an actual market contraction. - FY2019MaterialisedAnnual report
「In the household market, sales of limited-period products such as New Year's soba were strong, but seasonal products such as Nabeyaki struggled due in part to the prolonged period of high temperatures.」
Sales of seasonal products struggled as high temperatures persisted, and the disclosure states that part of the weather-related risk actually affected full-year business performance. - FY2019-Q3MaterialisedAnnual report
「In the household market, sales of limited-period products such as New Year's soba were strong, but seasonal products such as Nabeyaki struggled due in part to the prolonged period of high temperatures.」
Sluggish sales of seasonal products due to weather and temperature conditions are described as an actual business-performance development, indicating that part of the weather-related risk has materialized. Damage to production facilities from natural disasters is not mentioned. - FY2019-Q2RestatedAnnual report
「Some food products, including the core product Ryusui Men, are affected by weather conditions. Although the Group will work to develop products that provide value to customers year-round without being affected by the weather, a significant decline in seasonal-product sales due to adverse weather may affect the Group's business performance. In addition, if production facilities are damaged by a major earthquake, typhoon or other natural disaster, this may affect the Group's business performance and financial condition through lower sales resulting from reduced production capacity and higher costs to repair production facilities.」
The risks of lower seasonal-product sales due to adverse weather and damage to production facilities caused by earthquakes, typhoons and other events continue to be disclosed. - FY2019-Q1First statedAnnual report
「If sales of seasonal products decline significantly due to adverse weather, this may affect the Group's business performance. In addition, if production facilities are damaged by a major earthquake, typhoon or other natural disaster, this may affect the Group's business performance and financial condition through lower sales resulting from reduced production capacity and higher costs to repair production facilities.」
The risks of lower seasonal-product sales due to adverse weather and damage to production facilities caused by earthquakes, typhoons and other events have been newly disclosed for the food business.