Rising Food Ingredient Procurement Prices Due to Commodity Market Conditions and Exchange-Rate Fluctuations
First written in FY2020. 5 of 9 entries say "Restated". Latest entry: FY2026.
Micreed moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 23 of 32 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「More recently, resource-depletion issues involving seafood and other resources have also emerged, affecting commodity markets.」
The disclosure continues to identify the risk of higher procurement prices due to commodity-market and exchange-rate fluctuations and resource depletion involving seafood and other resources. It also describes measures including multiple sourcing, competitive quotations, and changing suppliers. - FY2026-H1RestatedAnnual report
「At the same time, concerns over the supply of raw materials and surging prices resulting from global warming, as well as continued increases in labor costs, have left the operating environment difficult.」
The disclosure continues to describe uncertainty in resource and commodity markets, including concerns over raw-material supplies resulting from global warming, as well as surging prices. - FY2025-H1RestatedAnnual report
「However, the uncertain outlook continued due to the protracted situation in Ukraine, the yen's depreciation, the depletion of natural resources resulting from global warming, and surging energy and raw-material prices, among other factors.」
The disclosure continues to describe uncertainty in the procurement and cost environment resulting from the yen's depreciation, surging energy and raw-material prices, and the depletion of natural resources. - FY2024RestatedAnnual report
「More recently, resource-depletion issues involving seafood and other resources have also emerged, affecting commodity markets.」
The disclosure continues to describe the risk of higher procurement prices due to commodity-market and exchange-rate fluctuations and resource depletion involving seafood and other resources, along with measures including multiple sourcing, competitive quotations, and fixed-price contracts. - FY2022WorsenedAnnual report
「More recently, resource-depletion issues involving seafood and other resources have also emerged, affecting commodity markets.」
In addition to the risk of higher procurement prices due to commodity-market and exchange-rate fluctuations, the disclosure explicitly identifies resource-depletion issues involving seafood and other resources as a new factor affecting commodity-market fluctuations. It also describes measures including multiple sourcing, competitive quotations, and fixed-price contracts. - FY2021RestatedAnnual report
「The prices of the food ingredients handled by the Company may rise or fall under the influence of domestic and international commodity markets. In addition, because some food ingredients are imported, procurement prices may be affected by exchange-rate fluctuations.」
The disclosure continues to describe the risk of higher procurement prices due to commodity-market and exchange-rate fluctuations, along with measures to absorb the impact through procurement from domestic suppliers. - FY2020First statedAnnual report
「Food-ingredient prices may rise or fall under the influence of domestic and international commodity markets. In addition, because some food ingredients are imported, procurement prices may be affected by exchange-rate fluctuations.」
While describing measures to absorb some of the impact through procurement from domestic suppliers and other means, the disclosure identifies commodity-market and exchange-rate fluctuations beyond expectations as risks.