Komori
Watami (7522) · RiskReframed

Risk of shutdowns at centralized ingredient preparation centers and factories

First written in FY2016. 2 of 4 entries say "Reframed", first in FY2021. Latest entry: FY2026.

4entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016WorsenedFY2018ReframedFY2021 – FY20262016: 120162017: 020172018: 120182019: 020192020: 020202021: 120212022: 020222023: 020232024: 020242025: 020252026: 12026
Same theme, other companies
Supply disruption risk from concentration of preparation centers and manufacturing plantsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「Our group operates 4 production facilities nationwide for food ingredient kits and prepared meals, plus 2 frozen food factories in Amagasaki and Tochigi, for a total of 6 production facilities. In our overseas business, we operate a centralized ingredient preparation center in Hong Kong, similar to those used in the domestic restaurant business, and a processing factory in Singapore for the wholesale business.」

    The company revised its domestic production network to a total of 6 facilities, including frozen food factories. Overseas, the scope now includes both the centralized ingredient preparation center in Hong Kong and the wholesale processing factory in Singapore.
  2. FY2021ReframedAnnual report

    「We operate 5 production facilities nationwide, including factories that produce food ingredient kits and prepared meals. Although these facilities are geographically dispersed, if a center or factory becomes unable to operate due to food poisoning, fire or other incidents, the supply of products could be disrupted, which could adversely affect our consolidated performance.」

    The description of production facilities changed from 12 locations nationwide to 5, and the overseas description now covers the centralized ingredient preparation center in Hong Kong.
  3. FY2018WorsenedAnnual report

    「We operate 12 production facilities nationwide, including factories that produce food ingredient kits and prepared meals. Although these facilities are geographically dispersed, if a center or factory becomes unable to operate due to food poisoning, fire or other incidents, the supply of food ingredients and products to stores and other locations could be disrupted, which could adversely affect our consolidated performance. In the overseas restaurant business, we operate centralized ingredient preparation centers in Hong Kong and Taiwan, similar to those used in the domestic restaurant business. If a center or factory becomes unable to operate due to food poisoning, fire or other incidents, the supply of food ingredients and products to stores and other locations could be disrupted, which could adversely affect our consolidated performance.」

    In addition to the 12 domestic facilities nationwide, the company explicitly identifies shutdown risks at its centralized ingredient preparation centers in Hong Kong and Taiwan, expanding the scope to overseas operations.
  4. FY2016First statedAnnual report

    「We operate 12 production facilities nationwide, including factories that produce food ingredient kits and prepared meals. Although these facilities are geographically dispersed, if a center or factory becomes unable to operate due to food poisoning, fire or other incidents, the supply of food ingredients and products to stores and other locations could be disrupted.」

    Although the company has dispersed its facilities, it identifies the possibility of supply disruptions caused by food poisoning or fire as a risk.
Moved together

"Stable dividends with a target payout ratio of at least 20%" moved the same way as this thread, in the same document, in 3 of its 4 moves.

332222★123456
  1. ★This thread
  2. 1Stable dividends with a target payout ratio of at least 20%3×
  3. 2Impairment losses on stores scheduled for closure and assets no longer expected to generate recoverable returns3×
  4. 3Risks from intensifying competition and rising rents and labor costs in overseas foodservice2×
  5. 4Risks to food ingredient procurement from weather, infectious diseases and foreign exchange2×
  6. 5Capital allocation using ROI, IRR and cost of capital2×
  7. 6FY ended March 2022: revenue of ¥100 billion, operating profit of ¥3 billion, ROE of 10%, and ROA of 7%2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Watami's next results are scheduled for 2026-11-13. Read the earnings preview
News
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