Challenging demand conditions due to declining cultivated acreage and fewer pesticide applications
First written in FY2016-Q3. 10 of 21 entries say "Restated". Latest entry: FY2022.
2 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Other operations fell below the previous consolidated fiscal year as pesticide usage declined due to weather conditions. As a result, revenue decreased by ¥33 million, or 8.1% year on year, to ¥383 million, while segment profit (gross profit) decreased by ¥7 million, or 11.5% year on year, to ¥60 million.」
The continued challenging demand environment, reflected in lower pesticide usage, has resulted in lower revenue and profit for the Other segment. - FY2021RestatedAnnual report
「Other operations fell below the previous consolidated fiscal year as pesticide usage declined due to weather conditions.」
The decline in pesticide usage due to weather conditions continued to be cited as a factor behind lower full-year revenue and profit amid challenging pesticide demand. - FY2021-Q3ReframedAnnual report
「Other operations fell below the same quarter of the previous year as pesticide usage declined due to weather conditions. As a result, revenue decreased by ¥27 million, or 7.6%, to ¥331 million, while segment profit (gross profit) decreased by ¥5 million, or 11.3%, to ¥41 million.」
The decline in pesticide usage due to weather conditions, rather than the previously cited decline in cultivated area, fewer applications, or low incidence of pests and diseases, was cited as a factor behind the challenging pesticide demand environment. The Other segment recorded lower revenue and profit. - FY2020RestatedAnnual report
「Other operations fell below the same period of the previous year due in part to lower pesticide demand resulting from the low incidence of pests and diseases associated with favorable summer weather.」
The decline in pesticide demand was attributed, as in the previous fiscal year, to the low incidence of pests and diseases, leading to lower revenue in the Other segment. - FY2020-Q3RestatedAnnual report
「Other operations fell below the same quarter of the previous year due in part to lower pesticide usage for pesticides used in apple cultivation. As a result, revenue decreased by ¥64 million, or 15.3%, to ¥358 million, while segment profit (gross profit) decreased by ¥2 million, or 5.0%, to ¥46 million.」
Lower pesticide usage for pesticides used in apple cultivation continued to be cited as a factor behind declining demand, and the Other segment reported lower revenue and profit. - FY2020-Q2RestatedAnnual report
「Other operations fell below the same quarter of the previous year due in part to lower pesticide usage for pesticides used in apple cultivation. As a result, revenue decreased by ¥18 million, or 11.6%, to ¥143 million, while segment profit (gross profit) decreased by ¥16 million, or 27.3%, to ¥44 million.」
Lower pesticide usage for pesticides used in apple cultivation continued to be cited as a factor behind the decline in sales, and the Other segment reported lower revenue and profit. - FY2020-Q1WorsenedAnnual report
「Other operations fell below the same quarter of the previous year due in part to lower pesticide usage for pesticides used in apple cultivation. As a result, revenue decreased by ¥18 million, or 38.5%, to ¥28 million, while segment profit (gross profit) decreased by ¥11 million, or 35.1%, to ¥20 million.」
Lower pesticide usage was explicitly cited as a factor behind the decline in sales of pesticides for apple cultivation, and the Other segment reported lower revenue and profit. The previously challenging demand environment has materialized as a specific decline in performance. - FY2019RestatedAnnual report
「Other operations fell below the same period of the previous year due to lower pesticide demand resulting from the low incidence of pests and diseases associated with favorable summer weather. As a result, revenue decreased by ¥22 million, or 4.0%, to ¥538 million, while segment profit (gross profit) increased by ¥16 million, or 23.7%, to ¥85 million due in part to higher rebates.」
The decline in pesticide demand due to the low incidence of pests and diseases was cited as a factor behind the demand decline, following the previous quarter. - FY2019-Q3ReframedAnnual report
「Other operations fell below the same quarter of the previous year as pesticide demand declined due to the low incidence of pests and diseases.」
The decline in pesticide demand was attributed to the low incidence of pests and diseases, rather than the previously cited decline in cultivated area, fewer pesticide applications, or earlier demand due to a mild winter and low snowfall. - FY2019-Q2ReframedAnnual report
「Other operations exceeded the same quarter of the previous year as the demand for pesticides moved forward due to the mild winter and low snowfall.」
Rather than structural demand pressures such as a declining cultivated area and fewer pesticide applications, the earlier timing of pesticide demand due to the mild winter and low snowfall was cited as a factor behind the increase for the quarter. - FY2019-Q1DroppedAnnual report
「Other operations exceeded the same quarter of the previous year due in part to higher sales of pesticides for apple cultivation.」
The previously cited challenging demand conditions, namely a decline in cultivated area and fewer pesticide applications, were not mentioned in the explanation of Other operations for the quarter. - FY2018ReframedAnnual report
「Other operations continued to face challenging conditions due to a decline in cultivated area and intensifying price competition, but exceeded the same period of the previous year due in part to higher sales of pesticides for apple cultivation. As a result, revenue increased by ¥48 million, or 9.5%, to ¥560 million, while segment profit (gross profit) increased by ¥4 million, or 6.6%, to ¥69 million.」
In addition to the decline in cultivated area, intensifying price competition, rather than fewer pesticide applications, was cited as a factor behind the challenging conditions. Full-year revenue and profit increased due to higher sales of pesticides for apple cultivation. - FY2018-Q3RestatedAnnual report
「Other operations continued to face challenging conditions, including a decline in cultivated area and fewer pesticide applications, but exceeded the same quarter of the previous year due in part to higher sales of pesticides for apple cultivation. As a result, revenue increased by ¥47 million, or 11.6%, to ¥458 million, while segment profit (gross profit) decreased by ¥0 million, or 0.6%, to ¥39 million.」
While challenging demand conditions continued, including a decline in cultivated area and fewer pesticide applications, revenue exceeded the same quarter of the previous year due to higher sales of pesticides for apple cultivation. - FY2018-Q2RestatedAnnual report
「Other operations benefited from higher sales of pesticides for apple cultivation, but continued to face challenging conditions, including a decline in cultivated area and fewer pesticide applications, and fell below the same quarter of the previous year. As a result, revenue decreased by ¥4 million, or 2.9%, to ¥159 million.」
The decline in cultivated area and reduction in pesticide applications, which had not been explicitly mentioned in the previous quarter, were cited again, and revenue from Other operations fell below the same quarter of the previous year. - FY2018-Q1DroppedAnnual report
「Other operations exceeded the same quarter of the previous year due in part to higher sales of pesticides for apple cultivation.」
The previously cited challenging demand conditions, namely a decline in cultivated area and fewer pesticide applications, were not mentioned in the explanation of Other operations for the quarter. - FY2017AdvancedAnnual report
「Other operations continued to face challenging conditions, including a decline in cultivated area and fewer pesticide applications, but exceeded the same period of the previous year due in part to higher sales of pesticides for apple cultivation. As a result, revenue increased by ¥11 million, or 2.3%, to ¥512 million, while segment profit (gross profit) increased by ¥5 million, or 9.3%, to ¥64 million due to the improved profit margin.」
Despite continued challenging demand conditions, full-year revenue increased due to higher sales of pesticides for apple cultivation, and segment profit also increased as a result of the improved profit margin. - FY2017-Q3RestatedAnnual report
「(Other) Other sales exceeded the same quarter of the previous year due to growth in pesticides for apple cultivation and other factors, despite continuing difficult conditions such as declining cultivated acreage and fewer pesticide applications. As a result, sales increased by ¥13 million, or 3.3%, to ¥410 million, while segment profit (gross profit) increased by ¥4 million, or 12.7%, to ¥39 million due to an improved margin.」
Although challenging conditions continue, including a decline in cultivated area and fewer pesticide applications, revenue increased due in part to higher sales of pesticides for apple cultivation, and the profit margin also improved. - FY2017-Q2WorsenedAnnual report
「(Other) Other sales were below the same quarter of the previous year despite growth in pesticides for apple cultivation and other factors, as difficult conditions such as declining cultivated acreage and fewer pesticide applications continued. As a result, sales declined by ¥18 million, or 10.1%, to ¥164 million.」
The challenging demand conditions of declining cultivated acreage and fewer pesticide applications continued, and sales were below the same quarter of the previous year despite growth in pesticides for apple cultivation. Segment profit increased, however, due to an improved margin. - FY2017-Q1RestatedAnnual report
「Other sales exceeded the same quarter of the previous year due to growth in pesticides for apple cultivation and other factors, despite continuing difficult conditions such as declining cultivated acreage and fewer pesticide applications.」
The challenging demand conditions of declining cultivated acreage and fewer pesticide applications continued, but sales for the quarter exceeded the same quarter of the previous year due to growth in pesticides for apple cultivation and other factors. - FY2016WorsenedAnnual report
「Other sales were slightly below the previous consolidated fiscal year amid continuing difficult conditions such as declining cultivated acreage and fewer pesticide applications. As a result, sales declined by ¥2 million, or 0.5%, to ¥500 million.」
The challenging conditions of declining cultivated acreage and fewer pesticide applications continued, and annual sales were below the previous year. - FY2016-Q3First statedAnnual report
「Other sales exceeded the same quarter of the previous year because mild winter weather brought pesticide demand forward and led to early deliveries, despite continuing difficult conditions such as declining cultivated acreage and fewer pesticide applications.」
Declining cultivated acreage and fewer pesticide applications are cited as challenging business conditions. Demand brought forward by the mild winter and early deliveries resulted in performance exceeding the same quarter of the previous year.