Changing demand for fresh fish and the risk of declining seafood consumption
First written in FY2017. 10 of 11 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2025: 3 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「The operating environment surrounding our company is extremely challenging due to declining fish consumption resulting from lower supply volumes, a shift to substitutes such as meat, and changes in consumer preferences, the depletion of fishery resources, rising fish prices caused by the spread of fish consumption overseas and poor catches in Japan reportedly attributable to global warming, and higher miscellaneous costs resulting from rising crude oil prices.」
The company continues to disclose the decline in seafood consumption due to supply volumes, substitutes, changing preferences and other factors, together with higher fish prices and costs. - FY2023RestatedAnnual report
「According to the Annual Report on the Family Income and Expenditure Survey, while the share of household food expenditure spent on seafood purchased as ingredients is declining, the shares spent on prepared foods and dining out are tending to increase, and overall seafood consumption is trending downward.」
The company continues to disclose the shift in consumption from seafood purchased as ingredients to prepared foods and dining out, and the decline in seafood consumption. - FY2023-Q2RestatedAnnual report
「The operating environment is extremely challenging due to declining fish consumption resulting from lower supply volumes, a shift to substitutes such as meat and changing preferences; the progressive depletion of fish resources; soaring fish prices caused by poor catches, which are said to be attributable to the spread of fish consumption overseas and global warming in Japan; and higher costs resulting from rising crude oil prices.」
The company continues to disclose the decline in seafood consumption as an environmental factor resulting from lower supply volumes, a shift to substitutes, changing preferences and other factors. - FY2023-Q1RestatedAnnual report
「The operating environment is becoming increasingly challenging due to declining fish consumption resulting from lower supply volumes, a shift to substitutes such as meat, and changes in consumer preferences, the depletion of fishery resources, rising fish prices caused by the spread of fish consumption overseas and poor catches in Japan reportedly attributable to global warming, and higher miscellaneous costs resulting from rising crude oil prices.」
The company continues to disclose the decline in seafood consumption due to supply volumes, substitutes, changing preferences and other factors, together with higher fish prices and costs. - FY2022-Q2RestatedAnnual report
「The operating environment is becoming increasingly challenging due to declining fish consumption resulting from lower supply volumes, a shift to substitutes such as meat, and changes in consumer preferences, the depletion of fishery resources, and rising fish prices as fish consumption becomes more widespread overseas.」
The company continues to disclose the decline in seafood consumption as a factor in the operating environment arising from supply volumes, substitutes, changing preferences and other factors. - FY2020-Q1RestatedAnnual report
「The operating environment is becoming increasingly challenging due to declining fish consumption resulting from population decline and the declining birthrate and aging population, the depletion of fishery resources, and rising fish prices as fish consumption becomes more widespread overseas.」
The company continues to disclose the decline in fish consumption against the backdrop of demographic trends, together with issues involving fish resources and fish prices. - FY2018RestatedAnnual report
「According to the Annual Report on the Family Income and Expenditure Survey, while the share of household food expenditure spent on seafood purchased as ingredients is declining, the shares spent on prepared foods and dining out are tending to increase, and overall seafood consumption is trending downward.」
The company continues to disclose the shift in consumption from seafood purchased as ingredients to prepared foods and dining out, and the decline in seafood consumption. - FY2018-Q3RestatedAnnual report
「The operating environment surrounding our group is characterized by declining fish consumption due to population decline and the declining birthrate and aging population.」
The company continues to disclose the decline in fish consumption against the backdrop of demographic trends. - FY2018-Q2RestatedAnnual report
「The operating environment surrounding our group is characterized by declining fish consumption due to population decline and the declining birthrate and aging population.」
The company continues to disclose the decline in fish consumption against the backdrop of demographic trends. - FY2018-Q1RestatedAnnual report
「The operating environment surrounding our group is characterized by declining fish consumption due to population decline and the declining birthrate and aging population.」
The company continues to disclose the decline in fish consumption against the backdrop of demographic trends. - FY2017First statedAnnual report
「While the share of household food expenditure spent on seafood purchased as ingredients is declining, the shares spent on prepared foods and dining out are tending to increase, and overall seafood consumption is trending downward.」
The company identifies as risks the shift in consumption from seafood purchased as ingredients to prepared foods and dining out, and the overall decline in seafood consumption.