Impact on lure-equipment sales from the poor catch rates of the target fish species
First written in FY2022-Q3. 2 of 4 entries say "Materialised", first in FY2022. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023RestatedAnnual report
「Sales of fly-fishing products remained firm, as demand was more stable than for other types of fishing, while sales of lure products struggled due to fewer fishing trips resulting from weak catches of the target fish species.」
The company has confirmed throughout the full year that weak catches of the target fish species have led to sluggish lure-product sales through a decline in fishing trips. - FY2023-Q1MaterialisedAnnual report
「Sales of lure products struggled due to lower temperatures and fewer fishing trips as catches of the target fish species remained weak.」
Weak catches of the target fish species continued to appear in the form of sluggish lure-product sales in the first quarter through a decline in fishing trips. - FY2022MaterialisedAnnual report
「Demand for fly-fishing products was stable compared with other types of fishing, and sales remained firm. Sales of lure products, however, struggled as fewer fishing trips were made because of poor catches of target fish species. As a result, sales in the Fishing business for the fiscal year were ¥1,029 million, down 3.3% year on year, and segment profit was ¥160 million, down 4.5% year on year.」
Poor catches of target fish species emerged over the full fiscal year as sluggish sales of lure products through a decline in fishing trips, with sales in the Fishing business down 3.3% year on year and segment profit down 4.5%. - FY2022-Q3First statedAnnual report
「Lure products struggled as catches of the target species remained poor and product delivery schedules were delayed in connection with COVID-19 and other factors.」
Poor catches of target fish species were specifically described for the first time as a factor contributing to sluggish sales of lure products.