Risk of Declining Rice Production and Consumption
First written in FY2021. 15 of 18 entries say "Restated". Latest entry: 2026-06-18.
0 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In the rice distribution industry, a major customer of the packaging-related business, market conditions remained unstable amid concerns that persistently high rice prices would weaken consumer purchasing sentiment, as well as concerns over disruptions to the supply of raw material inputs for materials following heightened tensions in the Middle East.」
The company continues to recognize concerns that persistently high rice prices will weaken consumer purchasing sentiment. - FY2025RestatedAnnual report
「In the rice distribution industry, a major customer, there were concerns that consumers would defer purchases as rice prices remained high. Against this backdrop, materials-related sales remained solid as the company responded to changes in consumer demand caused by soaring rice prices and other factors, passed on higher raw material costs at the beginning of the fiscal year, and met demand for materials associated with the government's release of stockpiled rice.」
The company continues to recognize concerns over deferred purchases due to soaring rice prices, while explaining that it responded to changes in demand, including demand for smaller package sizes, and demand for materials associated with the release of stockpiled rice. - FY2025-H1Additional concern over reduced purchasing due to soaring rice pricesAnnual report
「Although consumer purchasing sentiment had weakened due to soaring rice prices, and there were concerns that consumers might defer purchases in anticipation of lower prices following the release of government stockpiled rice, sales of materials remained solid. This reflected the company's response to demand for smaller packaging sizes due to shortages of unprocessed brown rice and soaring rice prices, as well as the appropriate pass-through at the beginning of the fiscal year of higher raw material costs into prices.」
In addition to the existing decline in rice consumption, the company identified weaker purchasing sentiment due to soaring rice prices and deferred purchases in anticipation of the release of stockpiled rice as concerns. At the same time, it explained that materials sales remained solid due to its response to demand for smaller packaging sizes. - FY2024RestatedAnnual report
「If rice consumption declines due to population decline or changes in dietary preferences, orders for packaging materials and packaging machinery from customers may decrease, potentially affecting the group's business performance and financial condition.」
The company continues to recognize the risk of declining rice consumption due to population decline and changing preferences, and identifies developing sales channels in non-rice sectors as a countermeasure. - FY2024-Q2RestatedAnnual report
「The rice distribution industry, a major customer of the packaging-related business, is experiencing a declining trend in domestic rice consumption each year due to the declining population resulting from the falling birthrate and aging population, as well as diversifying dietary preferences.」
The company continues to recognize that domestic rice consumption is declining due to the falling birthrate and aging population, as well as diversifying dietary preferences. - FY2023RestatedAnnual report
「Going forward, we will strengthen efforts to develop sales channels for food products other than rice, fertilizers, pet-related products, and other areas, and work to reduce the proportion of rice-related sales in group sales. (Likelihood of materialization: medium / impact: low / measures: proposals for high-value-added, higher-priced products and stronger sales promotion outside the rice industry, among other measures.)」
The company continues to recognize the risk of declining rice consumption due to population decline and changing preferences, and identifies sales promotion in non-rice sectors as a countermeasure. - FY2023-Q3RestatedAnnual report
「The rice distribution industry, a major customer of the packaging-related business, is experiencing a declining trend in domestic rice consumption each year due to the declining population resulting from the falling birthrate and aging population, as well as diversifying dietary preferences.」
The company continues to recognize that domestic rice consumption is declining each year. - FY2023-Q2RestatedAnnual report
「The rice distribution industry, a major customer of the packaging-related business, is experiencing a declining trend in domestic rice consumption each year due to the declining population resulting from the falling birthrate and aging population, as well as diversifying dietary preferences.」
The company continues to recognize that domestic rice consumption is declining each year. It explained that sales for commercial use remained solid as restrictions on people's activities were eased. - FY2023-Q1RestatedAnnual report
「The rice distribution industry, a major customer of the packaging-related business, is experiencing a declining trend in domestic rice consumption each year due to the declining population resulting from the falling birthrate and aging population, as well as diversifying dietary preferences.」
The company continues to recognize that domestic rice consumption is declining each year. It explained that sales for commercial use remained solid due to the recovery of the food-service industry, and that sales for home use also remained solid. - FY2022RestatedAnnual report
「Domestic rice consumption is declining each year due to the declining population resulting from the falling birthrate and aging population, as well as diversifying dietary preferences.」
The company has reaffirmed the continued decline in domestic rice consumption as a key business risk. - FY2022-Q3RestatedAnnual report
「The rice distribution industry, a major customer of the packaging-related business, has experienced a declining trend in domestic rice consumption each year due to the declining population resulting from the falling birthrate and aging population, as well as diversifying dietary preferences. Sales of rice for home use remained solid, partly due to changes in consumers' lifestyles following the spread of COVID-19 and food price increases, while sales for commercial use declined because of reduced demand from restaurants resulting from calls to refrain from going out and shortened business hours, although some signs of recovery were seen.」
The company continues to recognize that domestic rice consumption is declining each year. Household demand remains solid, while some recovery has been seen in demand related to dining out. - FY2022-Q2RestatedAnnual report
「The rice distribution industry, a major customer of the packaging-related business, has experienced a declining trend in domestic rice consumption each year due to the declining population resulting from the falling birthrate and aging population, as well as diversifying dietary preferences. Amid the spread of COVID-19 and the implementation of priority preventive measures, sales of rice for home use remained solid due to stay-at-home demand, while sales for commercial use declined because of reduced demand from restaurants resulting from calls to refrain from going out and shortened business hours, although some signs of recovery were seen.」
The company continues to state that domestic rice consumption is declining each year. Household demand remains solid, while some recovery has been seen in demand related to dining out. - FY2022-Q1RestatedAnnual report
「The rice distribution industry, a major customer of the packaging-related business, has experienced a declining trend in domestic rice consumption each year due to the declining population resulting from the falling birthrate and aging population, as well as diversifying dietary preferences. Amid the spread of COVID-19 and the implementation of priority preventive measures, sales of rice for home use remained solid due to increased stay-at-home demand, while sales for commercial use declined because of reduced demand from restaurants resulting from calls to refrain from going out and shortened business hours, although some signs of recovery were seen.」
The company reiterated its view that domestic rice consumption is declining each year, explaining that household demand remains solid while commercial demand related to dining out has declined. - FY2021First statedAnnual report
「Rice-related sales, meaning sales to the rice industry, accounted for approximately 79% of the group's total sales in the fiscal year ended October 2021, a high proportion, and approximately 94% on a standalone basis.」
Demand for table rice declined from 8.14 million tonnes between July 2009 and June 2010 to 7.14 million tonnes between July 2019 and June 2020. The company states that trends in rice production and consumption could affect orders.