Higher raw material costs due to yen depreciation and lower food production volumes due to raw material shortages
First written in FY2017-Q1. 18 of 27 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2022: 104 of 142 companies on the "Worse" side.
3 other companies' latest entry also says "Dropped".
- FY2024-Q1DroppedAnnual report
「From the cumulative first quarter of the current fiscal year, the method of classifying business segments was reviewed in connection with changes to the company's organisational structure. The reportable segments were changed from the former "Chemical and Industrial Products," "Clinical Laboratory Reagents," "Food" and "Other" to "Industry," "Medical" and "Academia and Life Science."」
The individual disclosures on raw material shortages and lower production volumes in the former Food segment cannot be found in the current quarter's explanation of results by the new segments. This does not indicate that the business itself was discontinued; the disclosures disappeared following a change in reporting segments. - FY2023-Q3MitigatedAnnual report
「Although the Food segment was affected by raw material shortages and lower production volumes due to COVID-19, it exceeded the same quarter of the previous year. As a result, sales increased by ¥60 million, or 2.5% year on year, to ¥2,500 million, while segment profit (gross profit) increased by ¥8 million, or 4.5% year on year, to ¥193 million.」
Although the effects of raw material shortages and lower production volumes due to the pandemic continued, Food delivered higher revenue and profit, offsetting the impact of these risks on overall performance. - FY2023-Q1RestatedAnnual report
「Although Food production volumes declined due to raw material shortages and the effects of COVID-19, the segment exceeded the same quarter of the previous year. As a result, sales increased by ¥43 million, or 5.3% year on year, to ¥866 million, while segment profit (gross profit) declined by ¥0 million, or 0.0% year on year, to ¥64 million.」
Raw material shortages and lower production volumes due to COVID-19 continued to occur. Meanwhile, Food delivered higher revenue, but segment profit declined slightly and was broadly flat year on year. - FY2022RestatedAnnual report
「The Food segment fell below the previous consolidated fiscal year due to lower production volumes caused by raw material shortages and a decline in food additives for the food-service industry due to COVID-19.」
Lower production volumes due to raw material shortages and a decline in food additives for the food-service industry due to COVID-19 continued to weigh on the Food segment's revenue and profit. - FY2022-Q3RestatedAnnual report
「The Food segment fell below the same quarter of the previous year due to the effects of raw material shortages and lower production volumes caused by COVID-19. As a result, sales declined by ¥84 million, or 3.3% year on year, to ¥2,439 million, while segment profit (gross profit) declined by ¥12 million, or 6.5% year on year, to ¥185 million.」
Raw material shortages and lower production volumes due to COVID-19 continue to be cited as factors behind the Food Business's declines in revenue and profit. - FY2022-Q2RestatedAnnual report
「The Food segment fell below the same quarter of the previous year due to the effects of raw material shortages and lower production volumes caused by COVID-19. As a result, sales declined by ¥62 million, or 3.7% year on year, to ¥1,627 million, while segment profit (gross profit) declined by ¥7 million, or 5.6% year on year, to ¥123 million.」
Raw material shortages and lower production volumes due to COVID-19 continue to be cited as factors behind the Food Business's declines in revenue and profit. - FY2022-Q1WorsenedAnnual report
「The Food segment fell below the same quarter of the previous year due to the effects of raw material shortages and lower production volumes caused by COVID-19. As a result, sales declined by ¥43 million, or 5.0% year on year, to ¥822 million, while segment profit (gross profit) declined by ¥3 million, or 5.3% year on year, to ¥64 million.」
In addition to raw material shortages, lower production volumes due to COVID-19 affected the Food segment, resulting in lower revenue and profit. - FY2021RestatedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages and a decline in food additives for the food-service industry due to COVID-19, it exceeded the previous consolidated fiscal year as consumables and equipment increased.」
While lower production volumes due to raw material shortages and a decline in food additives for the food-service industry due to COVID-19 continued, the Food segment delivered higher revenue and profit due to increases in consumables and equipment. - FY2021-Q3RestatedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages and a decline in food additives for the food-service industry due to COVID-19, it exceeded the same quarter of the previous year as consumables and equipment increased. As a result, sales increased by ¥130 million, or 5.4%, to ¥2,523 million, while segment profit (gross profit) increased by ¥8 million, or 4.5%, to ¥197 million.」
While lower production volumes due to raw material shortages and a decline in food additives for the food-service industry due to COVID-19 continued, the Food segment delivered higher revenue and profit due to increases in consumables and equipment. - FY2021-Q2RestatedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year as consumables increased. As a result, sales increased by ¥68 million, or 4.2%, to ¥1,690 million, while segment profit (gross profit) increased by ¥4 million, or 3.6%, to ¥130 million.」
While lower production volumes due to raw material shortages continued, the Food segment delivered higher revenue and profit due to an increase in consumables. - FY2021-Q1SoftenedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year as consumables increased. As a result, sales increased by ¥20 million, or 2.4%, to ¥865 million, while segment profit (gross profit) increased by ¥2 million, or 4.4%, to ¥68 million.」
Although lower production volumes due to raw material shortages continue to be cited, there is no mention of COVID-19, and the Food segment delivered higher revenue and profit due to an increase in consumables. - FY2020WorsenedAnnual report
「Food fell below the same period of the previous year due to a decline in food additives caused by COVID-19 and lower production volumes due to raw material shortages.」
In addition to the previously cited lower production volumes due to raw material shortages, a decline in food additives due to COVID-19 was explicitly stated, resulting in lower revenue and profit for the Food segment. - FY2020-Q3WorsenedAnnual report
「The Food segment fell below the same quarter of the previous year due to the impact of COVID-19 and lower production volumes caused by raw material shortages. As a result, sales declined by ¥113 million, or 4.5%, to ¥2,393 million, while segment profit (gross profit) declined by ¥8 million, or 4.2%, to ¥189 million.」
In addition to the previously cited lower production volumes due to raw material shortages, the impact of COVID-19 was explicitly stated, resulting in lower revenue and profit for the Food segment. - FY2020-Q2RestatedAnnual report
「The Food segment fell below the same quarter of the previous year, partly due to lower production volumes caused by raw material shortages. As a result, sales declined by ¥61 million, or 3.7%, to ¥1,621 million, while segment profit (gross profit) declined by ¥5 million, or 4.5%, to ¥125 million.」
Lower production volumes due to raw material shortages continue to be cited as factors behind the Food Business's declines in revenue and profit. - FY2020-Q1RestatedAnnual report
「The Food segment fell below the same quarter of the previous year, partly due to lower production volumes caused by raw material shortages. As a result, sales declined by ¥57 million, or 6.3%, to ¥845 million, while segment profit (gross profit) declined by ¥3 million, or 5.1%, to ¥65 million.」
Lower production volumes due to raw material shortages continue to be cited as factors behind the Food Business's declines in revenue and profit. - FY2019RestatedAnnual report
「Although consumables increased, Food fell below the same period of the previous year due to lower production volumes caused by raw material shortages.」
Lower production volumes due to raw material shortages continue to be cited as a factor behind the Food Business's revenue decline. - FY2019-Q3RestatedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year as consumables and other products increased. As a result, sales increased by ¥46 million, or 1.9%, to ¥2,506 million, while segment profit (gross profit) decreased by ¥2 million, or 1.2%, to ¥197 million.」
While lower production volumes due to raw material shortages continued to occur, revenue increased due to higher sales of consumables and other products. However, segment profit declined. - FY2019-Q2RestatedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year as consumables increased.」
While lower production volumes due to raw material shortages continued to occur, Food sales exceeded the same quarter of the previous year due to an increase in consumables. - FY2019-Q1SoftenedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year as consumables increased.」
While lower production volumes due to raw material shortages continue to be cited, there is no mention of the increase in raw material and other costs due to yen depreciation that was cited for the full previous fiscal year, narrowing the scope of the stated risks. The company states that lower production volumes due to raw material shortages actually occurred. - FY2018RestatedAnnual report
「Although the Food segment was affected by higher raw material and other costs due to yen depreciation and lower production volumes due to raw material shortages, it exceeded the same period of the previous year as consumables increased.」
While higher raw material costs due to yen depreciation and lower production volumes due to raw material shortages continued to occur throughout the fiscal year, Food delivered higher revenue and profit due to an increase in consumables. - FY2018-Q3RestatedAnnual report
「Although diagnostic reagents increased, the Food segment was affected by lower production volumes due to raw material shortages and was broadly in line with the same quarter of the previous year.」
While lower production volumes due to raw material shortages continue to be cited and diagnostic reagents increased, Food sales were broadly in line with the same quarter of the previous year. - FY2018-Q2RestatedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages, it slightly exceeded the same quarter of the previous year as diagnostic reagents increased.」
While lower production volumes due to raw material shortages continue to be cited, Food sales slightly exceeded the same quarter of the previous year due to an increase in diagnostic reagents. - FY2018-Q1SoftenedAnnual report
「Although the Food segment was affected by lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year as consumables increased.」
While lower production volumes due to raw material shortages continue to be cited, there is no longer any mention of the previously cited increase in raw material costs due to yen depreciation, narrowing the scope of the stated risks. - FY2017RestatedAnnual report
「Food sales exceeded the same period of the previous year as consumables increased, despite higher raw-material and other costs and lower production volumes caused by raw-material shortages.」
Although higher raw material costs and lower production volumes due to raw material shortages continued to occur throughout the fiscal year in the Food Business, revenue increased as consumables rose. - FY2017-Q3RestatedAnnual report
「Although the Food segment was affected by higher raw material and other costs due to yen depreciation and lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year as consumables increased.」
While higher raw material and other costs due to yen depreciation and lower production volumes due to raw material shortages continued to occur, Food exceeded the same quarter of the previous year due to an increase in consumables. - FY2017-Q2RestatedAnnual report
「Although the Food segment was affected by higher raw material and other costs due to yen depreciation and lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year as consumables increased.」
While higher raw material and other costs due to yen depreciation and lower production volumes due to raw material shortages continued to occur, the Food segment exceeded the same quarter of the previous year due to an increase in consumables. - FY2017-Q1First statedAnnual report
「Although the Food segment was affected by higher raw material and other costs due to yen depreciation and lower production volumes due to raw material shortages, it exceeded the same quarter of the previous year.」
Higher raw material and other costs due to yen depreciation and lower production volumes due to raw material shortages were identified as business risks that actually occurred in the Food Business. Meanwhile, Food sales and segment profit exceeded the same quarter of the previous year.