Stagnant Personal Consumption and Sluggish Food Manufacturing
First written in FY2017-Q1. 17 of 31 entries say "Restated". Latest entry: 2026-08-07.
Matsuda Sangyo moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 11 of 16 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026-H1RestatedAnnual report
「The food manufacturing industry, the main customer base for this business, was affected by inflation, including rising raw material prices. Consumers remained cautious in their purchasing, and their inclination to economize in personal consumption continued.」
Inflation, cautious consumer purchasing and an inclination to economize in personal consumption continued to shape the food manufacturing industry's operating environment. - FY2025-H1WorsenedAnnual report
「The food manufacturing industry, the main customer base for this business, faced an unstable market environment, despite expanded inbound demand, as personal consumption weakened under the impact of rising prices and logistics costs remained elevated.」
Although inbound demand expanded, the market environment was unstable, with personal consumption weakened by rising prices and logistics costs remaining elevated. - FY2024-Q3Gradual recovery following price increases, but high costs continuedAnnual report
「The food manufacturing industry, the main customer base for this business, showed signs of a gradual recovery, driven by increases in selling prices despite no significant change in demand. However, raw material prices and logistics costs remained elevated, resulting in a challenging market environment.」
The food manufacturing industry showed signs of a gradual recovery following increases in selling prices, while the challenging environment caused by elevated raw material prices and logistics costs continued. - FY2024-Q2RestatedAnnual report
「The food manufacturing industry, the main customer base for this business, showed signs of a gradual recovery amid a recovery in personal consumption and inbound demand. However, procurement prices and logistics costs remained elevated.」
The food manufacturing industry showed signs of recovery on the back of a recovery in personal consumption and inbound demand, while elevated procurement prices and logistics costs continued. - FY2024-Q1Demand for food-service products increased, but high costs continuedAnnual report
「The food manufacturing industry, the main customer base for this business, saw an increase in demand for food-service products amid a recovery in personal consumption and inbound demand. However, procurement prices and logistics costs remained elevated.」
Demand for food-service products increased on the recovery in personal consumption and inbound demand, while elevated procurement prices and logistics costs continued. - FY2023Demand for food-service products increased, but conditions remained challenging due to soaring raw material pricesAnnual report
「While stay-at-home demand resulting from COVID-19 subsided, demand for food-service products increased as the economy reopened. However, overall conditions remained challenging due to the impact of soaring raw material prices.」
While stay-at-home demand subsided and demand for food-service products recovered, the challenging operating environment caused by soaring raw material prices continued. - FY2023-Q3RestatedAnnual report
「The food manufacturing industry, the main customer base for this business, showed signs of recovery, led by the food-service industry, following the lifting of restrictions on activity imposed due to the spread of COVID-19. However, consumers' inclination to economize continued amid a series of price increase announcements prompted by rising raw material prices and yen depreciation, and overall conditions remained challenging.」
While the food-service industry and other sectors recovered following the lifting of restrictions on activity, the challenging operating environment continued as consumers remained inclined to economize amid rising raw material prices, yen depreciation and price increases. - FY2023-Q2Recovery following the lifting of restrictions on activity, but high costs and consumers' inclination to economize continueAnnual report
「The food manufacturing industry, the main customer base for this business, showed signs of recovery, led by the food-service industry, following the lifting of restrictions on activity imposed due to the spread of COVID-19. However, consumers' inclination to economize continued amid a series of price increase announcements prompted by rising raw material prices and the sharp depreciation of the yen, and overall conditions remained challenging.」
While the lifting of restrictions on activity led to signs of recovery in the food-service industry and elsewhere, consumers' inclination to economize due to rising raw material prices, yen depreciation and price increases continued to weigh on the operating environment. - FY2023-Q1WorsenedAnnual report
「The food manufacturing industry, the main customer base for this business, showed signs of recovery, led by the food-service industry, as the impact of COVID-19 subsided. However, overall conditions remained challenging because consumers became more inclined to economize following a series of price increase announcements prompted by rising raw material prices and the sharp depreciation of the yen.」
While the impact of the pandemic subsided and the food-service industry recovered, rising raw material prices, yen depreciation and consumers' inclination to economize following price increases were identified as new adverse factors. - FY2022WorsenedAnnual report
「The food manufacturing industry, the main customer base for this business, continued to face generally challenging conditions as rising raw material prices and logistics costs were compounded by the strengthening trend of yen depreciation.」
In addition to the previously noted sluggish demand for food-service products and rising resource prices and logistics costs, the strengthening trend of yen depreciation was identified as an adverse factor in the food manufacturing industry's operating environment. - FY2022-Q3RestatedAnnual report
「The food manufacturing industry, the main customer base for this business, continued to face generally challenging conditions, owing mainly to rising resource prices and logistics costs.」
Challenging conditions in the food manufacturing industry, driven by rising resource prices and logistics costs, continued. - FY2022-Q2WorsenedAnnual report
「The food manufacturing industry, the main customer base for this business, continued to face generally challenging conditions, owing mainly to the ongoing impact of COVID-19 on demand for food-service products and rising resource prices.」
In addition to declining demand for food-service products, rising resource prices were identified as a new adverse factor, and challenging conditions in the food manufacturing industry continued. - FY2022-Q1RestatedAnnual report
「While demand related to household consumption remained firm, demand for food-service products was sluggish, and the overall challenging conditions continued.」
Demand related to household consumption was firm, but the challenging conditions in the food manufacturing industry, including sluggish demand for food-service products, continued. - FY2021-Q1WorsenedAnnual report
「The food manufacturing industry, the main customer base for this business, saw stay-at-home demand in Japan as people refrained from going out following the declaration of a state of emergency. However, production activity varied considerably, with demand for food-service products and souvenir items declining, and the overall environment remained challenging.」
The previous view of a firm and rising trend driven by demand for processed foods has changed to an overall challenging environment accompanied by declining demand for food-service products and souvenir items. - FY2020-Q3RestatedAnnual report
「The food manufacturing industry, a major customer of this business, remained generally firm in terms of production overall, driven by growing demand for processed foods and other factors.」
We continue to recognize that production activity in the food manufacturing industry remains generally firm, supported by demand for processed foods. - FY2020-Q2RestatedAnnual report
「The food manufacturing industry, a major customer of this business, remained generally firm in terms of production overall, driven by growing demand for processed foods and other factors.」
We continue to recognize that food manufacturing activity remains generally firm against a backdrop of demand for processed foods, even amid conditions including weak domestic personal consumption. - FY2020-Q1RestatedAnnual report
「The food manufacturing industry, a major customer of this business, remained generally firm in terms of production overall, driven by growing demand for processed foods despite continued weakness in domestic personal consumption.」
While weak domestic personal consumption remains, we continue to recognize that food manufacturing activity is firm against a backdrop of demand for processed foods. - FY2019RestatedAnnual report
「Although domestic personal consumption lacks strength, conditions remained on a gradual upward trend, driven by growing demand for processed foods and the expansion of overseas operations.」
While weak domestic personal consumption remains, we continue to recognize that the food manufacturing industry is on a gradual upward trend against a backdrop of demand for processed foods and overseas operations. - FY2019-Q3RestatedAnnual report
「The food manufacturing industry, a major customer of this business, remained on a gradual upward trend, driven by growing demand for processed foods and the expansion of overseas operations, despite weak domestic personal consumption.」
While weak domestic personal consumption remains, we continue to recognize that the food manufacturing industry is on a gradual upward trend against a backdrop of demand for processed foods and overseas operations. - FY2019-Q2RestatedAnnual report
「The food manufacturing industry, a major customer of this business, remained on a gradual upward trend, driven by growing demand for processed foods and the expansion of overseas operations, despite weak domestic personal consumption.」
While weak domestic personal consumption remains, we continue to recognize that the food manufacturing industry is on a gradual upward trend against a backdrop of demand for processed foods and overseas operations. - FY2019-Q1Personal consumption remains weak, while food manufacturing is on an upward trendAnnual report
「The food manufacturing industry, a major customer of this business, remained on a gradual upward trend, driven by growing demand for processed foods and the expansion of overseas operations, despite weak domestic personal consumption.」
While weak domestic personal consumption remains, the food manufacturing industry has changed from previously being sluggish to a gradual upward trend against a backdrop of demand for processed foods and overseas operations. - FY2018-Q3RestatedAnnual report
「The food manufacturing industry, a major customer of this business, maintained generally firm production, supported by the expansion of overseas operations and other factors amid sluggish domestic personal consumption.」
While sluggish domestic personal consumption remains, production in the food manufacturing industry remains generally firm due to the expansion of overseas operations and other factors. - FY2018-Q2RestatedAnnual report
「The food manufacturing industry, a major customer of this business, remained generally firm in terms of production, supported by strong exports despite weak domestic personal consumption.」
While weak domestic personal consumption remains, food manufacturing production remained generally firm, supported by strong exports. - FY2018-Q1Personal consumption remains weak, while food production is generally firmAnnual report
「Although domestic personal consumption lacks strength, food manufacturing activity remained generally firm, supported in part by strong exports.」
While domestic personal consumption remains weak, food manufacturing activity has changed from previously being sluggish to generally firm, supported by strong exports. - FY2017-Q3RestatedAnnual report
「Although sales trends, including at convenience stores, showed an increase, food manufacturing activity did not grow significantly, and challenging business conditions continue.」
While sales trends increased in some areas, food manufacturing activity did not grow, and challenging business conditions continue. - FY2017-Q2RestatedAnnual report
「Overall challenging business conditions continue, as food manufacturing activity lacks strength due to sluggish personal consumption.」
Challenging business conditions caused by sluggish personal consumption and weak food manufacturing activity continue. - FY2017-Q1First statedAnnual report
「Overall challenging business conditions continue, as food manufacturing activity lacks strength amid sluggish personal consumption.」
Food manufacturing activity is weak against a backdrop of sluggish personal consumption, and challenging business conditions continue.