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Kourakuen (7554) · RiskReframed

Risks Relating to Food Hygiene and Food Safety

First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2025.

9entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018RestatedFY2020-Q2 – FY20232016: 120162017: 320172018: 120182019: 120192020: 020202021: 020212022: 120222023: 120232024: 020242025: 12025
Same theme, other companies
Risks to reputation, financial performance and procurement arising from food safety and quality issuesA theme 80 companies write about · 81 as a headwind · 0 as a tailwind

Kourakuen moved to the "Worse" side of this theme in 2017, 7 years before the typical company in this theme (2024).

The whole theme swung hardest in 2024: 6 of 35 companies on the "Worse" side.

0 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 80 companies compared. The sentences above are computed from all 80.
Full recordFilings, disclosures and news, newest first
  1. FY2025ReframedAnnual report

    「To provide safe food, the company implements quality and safety measures based on HACCP principles in addition to legally required food hygiene inspections.」

    The wording describing the basis for food safety measures has changed from ISO principles to HACCP principles.
  2. FY2023RestatedAnnual report

    「To provide safe food, the group implements quality and safety measures based on ISO principles in addition to legally required food hygiene inspections. However, if a hygiene problem specific to the group occurs in the future」

    The company continues to disclose food hygiene risks and quality and safety measures based on legally required inspections and ISO principles.
  3. FY2022RestatedAnnual report

    「To provide safe food, the group implements quality and safety measures based on ISO principles in addition to legally required food hygiene inspections. However, if a hygiene problem specific to the group occurs in the future」

    The company continues to disclose food hygiene risks and quality and safety measures based on legally required inspections and ISO principles.
  4. FY2020-Q2RestatedAnnual report

    「Based on the environment surrounding our group and our medium- to long-term management strategy, with the corporate objective of achieving long-term and stable growth in corporate value, we pursued measures aimed at realizing food safety and security and “New Kourakuen” under a four-pillar strategy of “reform of taste,” “a fundamental shift in marketing methods,” “utilization of owned assets and optimization of the store portfolio,” and “a leaner management structure.”」

    No new occurrence of, or significant change relating to, food hygiene problems was disclosed, but achieving food safety and security continues to be one of the four pillars of the company’s strategy.
  5. FY2018MaterialisedAnnual report

    「Same-store sales declined from the previous consolidated fiscal year due to the impact of food safety and security issues and unseasonable weather.」

    The impact of food safety and security issues was identified as a factor behind the full-year decline in same-store sales and a significant event related to the going-concern assumption.
  6. FY2018-Q1RestatedAnnual report

    「The food service industry continues to face a difficult operating environment amid growing public concern about food safety and security, social structural changes including the declining birthrate, population aging and work-style reforms, intensifying competition for customers and personnel across industries and business formats, and the impact of consumers’ preference for economizing.」

    The company continues to identify growing public concern about food safety and security as part of the environment surrounding the food service industry.
  7. FY2017MaterialisedAnnual report

    「Due to this problem, customer traffic at existing stores declined 5.9% year on year in the second half, and revenue was ¥37,803 million, down 1.0% from the previous consolidated fiscal year. In addition to the decline in profit accompanying the decrease in revenue, direct costs and costs for measures to prevent recurrence were incurred.」

    The company explicitly identifies the full-year impact of the foreign-object contamination problem, including lower customer traffic at existing stores, lower revenue and profit, and direct costs and costs for measures to prevent recurrence.
  8. FY2017-Q3MaterialisedAnnual report

    「In response to problems caused by foreign objects found in products at stores, the company has worked to restore customer trust as its top priority, achieve food safety and security, and strengthen its crisis management framework.」

    The food safety and hygiene risk previously disclosed actually materialized as a foreign-object contamination problem at stores. Same-store sales in the third quarter declined 9.4% year on year, and direct costs and costs for measures to prevent recurrence were incurred.
  9. FY2016First statedAnnual report

    「The group has no history of food poisoning or other hygiene management problems. However, if a hygiene problem specific to the group occurs in the future, or if any other hygiene-related problem arises, such as reputational damage spreading as a result of inadequate hygiene management by another food service operator or distrust of food manufacturing processes due to the use of unauthorized additives by a raw material manufacturer or other supplier, this could affect the group’s performance.」

    While implementing quality and safety measures based on ISO principles in addition to legally required inspections, the company discloses hygiene problems as a risk.
Moved together

"Opening Stores in New Trade Areas and Expanding the Store Network" moved the same way as this thread, in the same document, in 2 of its 9 moves.

2222★1234
  1. ★This thread
  2. 1Opening Stores in New Trade Areas and Expanding the Store Network2×
  3. 2Structural reform through the implementation of the medium-term management plan2×
  4. 3Raw Material Prices, Labor Shortages, and Rising Labor Costs2×
  5. 4Intensifying Competition with Foodservice Operators and Food Retailers2×

★ 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.

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No upcoming earnings preview for Kourakuen yet.
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Risks Relating to Food Hygiene and Food Safety | KOURAKUEN CORPORATION (7554) | Komori