Komori
Maeda Kosen (7821) · RiskRestated

Declining profitability of wildlife damage control products due to price competition from low-priced overseas products

First written in FY2016-Q3. 12 of 27 entries say "Restated". Latest entry: FY2026.

27entries
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ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2019-Q2OtherFY2020-Q3 – FY2021-Q3RestatedFY2022-Q2 – FY2023-Q2RestatedFY2024-Q2 – FY20262016: 220162017: 320172018: 320182019: 320192020: 420202021: 320212022: 220222023: 320232024: 120242025: 220252026: 12026
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  1. FY2026RestatedAnnual report

    「In the other businesses, the seafood processing business was affected by lower selling prices for its core products, but wildlife-damage prevention products performed well in the agricultural materials business, resulting in overall sales and profit being broadly in line with the previous fiscal year.」

    Although selling prices for processed seafood continued to decline, wildlife-damage prevention products performed well, and the company explained that the agricultural and seafood-related businesses overall were in line with the previous fiscal year.
  2. FY2025Decline in performance in the agricultural materials and seafood processing businessesAnnual report

    「In the agricultural and seafood-related businesses, sales and profit fell below the year-earlier period due to sluggish sales of some products, including horticultural greenhouses, in the agricultural materials business, and sluggish selling prices in the seafood processing business.」

    Sluggish sales of some agricultural materials and low selling prices for processed seafood caused sales and profit to fall below the year-earlier period.
  3. FY2025-H1Change to levels in line with the year-earlier periodAnnual report

    「Orders for wildlife-damage prevention products remained firm, but sluggish orders for agricultural materials, including horticultural greenhouses and dairy-farming products, resulted in sales and profit both being in line with the year-earlier period.」

    Although sluggish orders for agricultural materials continued, the explanation changed from the previous shortfall against plan to sales and profit being in line with the year-earlier period.
  4. FY2024-Q2RestatedAnnual report

    「At 未来のアグリ株式会社, a subsidiary that handles wildlife-damage prevention products, horticultural greenhouses and agricultural materials, orders for wildlife-damage prevention products remained firm, but sluggish orders for agricultural materials, including horticultural greenhouses and dairy-farming products, caused sales and profit to fall below plan.」

    Although wildlife-damage prevention products remained firm, the company has reconfirmed that sales and profit fell below plan due to sluggish orders for horticultural greenhouses and dairy-farming products.
  5. FY2023-Q4WorsenedAnnual report

    「At 未来のアグリ株式会社, a subsidiary that handles wildlife-damage prevention products, horticultural greenhouses and agricultural materials, orders for wildlife-damage prevention products remained firm, but sluggish orders for agricultural materials, including horticultural greenhouses and dairy-farming products, caused sales and profit to fall below the year-earlier period.」

    Although orders for wildlife-damage prevention products remained firm, performance deteriorated, with sales and profit falling below the year-earlier period due to sluggish orders for horticultural greenhouses and dairy-farming products.
  6. FY2023-Q2RestatedAnnual report

    「At 未来のアグリ株式会社, a subsidiary that handles wildlife-damage prevention products, horticultural greenhouses and agricultural materials, orders for horticultural greenhouses struggled, but orders for wildlife-damage and livestock-related products grew, resulting in strong sales and profit.」

    The company has reconfirmed that sales and profit remain strong as orders for wildlife-damage and livestock-related products grow, despite continued sluggish orders for horticultural greenhouses.
  7. FY2023-Q1Strong performance driven by growth in orders for wildlife-damage and livestock-related productsAnnual report

    「At 未来のアグリ株式会社, a subsidiary that handles wildlife-damage prevention products, horticultural greenhouses and agricultural materials, orders for horticultural greenhouses struggled, but orders for wildlife-damage and livestock-related products grew, resulting in strong sales and profit.」

    Although orders for horticultural greenhouses remain sluggish, sales and profit have remained strong due to growth in orders for wildlife-damage and livestock-related products.
  8. FY2022-Q2RestatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, sales and profit both exceeded the same period of the previous year due to a recovery in orders for horticultural greenhouses, despite sluggish sales of products related to wildlife damage and livestock.」

    Although sluggish sales remain in the wildlife-damage and livestock-related businesses, sales and profit continue to exceed the year-earlier period, driven by the recovery in orders for horticultural greenhouses.
  9. FY2022-Q1MitigatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, sales and profit both exceeded the same period of the previous year due to a recovery in orders for horticultural greenhouses, despite sluggish sales of products related to wildlife damage and livestock.」

    Although sales of products related to wildlife damage and livestock remained sluggish, the situation improved, with both sales and profit exceeding the same period of the previous year due to a recovery in orders for horticultural greenhouses.
  10. FY2021-Q3RestatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, both sales and profit fell below the same period of the previous year because some construction projects related to wildlife damage and livestock shifted into a different period.」

    It reconfirmed that 未来のアグリ's sales and profit fell below the same period of the previous year because construction projects related to wildlife damage and livestock shifted into a different period.
  11. FY2021-Q2Change from lower sales and higher profit to lower sales and lower profitAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, both sales and profit fell below the same period of the previous year because some construction projects related to wildlife damage and livestock shifted into a different period.」

    The situation changed from lower sales and higher profit in the previous quarter to both sales and profit falling below the same period of the previous year because construction projects related to wildlife damage and livestock shifted into a different period.
  12. FY2021-Q1RestatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, sales fell below the same period of the previous year because orders for horticultural greenhouses remained sluggish due to the impact of COVID-19 and other factors. Operating profit exceeded the same period of the previous year due to steady orders for protective fencing addressing CSF (classical swine fever) in the wildlife-countermeasure products business and cost reductions in freight, travel and other expenses.」

    It reconfirmed the coexistence of lower sales due to sluggish orders for horticultural greenhouses and improved profit due to orders for protective fencing addressing CSF and cost reductions.
  13. FY2020Continued decline in sales and improvement in profitAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, sales fell below the same period of the previous year because orders for horticultural greenhouses remained sluggish due to the impact of COVID-19 and other factors. Operating profit exceeded the same period of the previous year due to increased orders for protective fencing addressing CSF (classical swine fever) and large projects in the wildlife-countermeasure products business, as well as a decline in the handling of low-gross-margin products.」

    While sales fell below the same period of the previous year due to sluggish orders for horticultural greenhouses, operating profit exceeded it due to increased orders for protective fencing addressing CSF and large projects and a decline in low-gross-margin products.
  14. FY2020-Q3Declining sales and improving profit coexistAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, sales fell below the same period of the previous year because orders for horticultural greenhouses remained sluggish. Operating profit exceeded the same period of the previous year due to increased orders for protective fencing addressing CSF (classical swine fever) in the wildlife-countermeasure products business and a decline in the handling of low-gross-margin products.」

    While sales fell below the same period of the previous year due to sluggish orders for horticultural greenhouses, operating profit exceeded it due to increased orders for protective fencing addressing CSF and a decline in low-gross-margin products.
  15. FY2020-Q2MitigatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, orders for low-gross-margin horticultural greenhouse projects increased, but both sales and profit exceeded the same period of the previous year because orders for protective fencing to address CSF (classical swine fever) increased in the wildlife-countermeasure products business.」

    Although the increase in low-gross-margin projects remained an issue, both sales and profit exceeded the same period of the previous year due to increased orders for protective fencing addressing CSF, improving the previously worsening profitability trend.
  16. FY2020-Q1WorsenedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, both sales and profit fell below the same period of the previous year because progress on some wildlife-protection fence, dairy-farming supply and horticultural greenhouse projects was delayed and orders for low-gross-margin projects increased.」

    At 未来のアグリ, both sales and profit fell below the same period of the previous year due to delays in project progress and an increase in low-gross-margin projects.
  17. FY2019-Q3WorsenedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, gross margins declined due to the impact of some large projects, but both sales and profit exceeded the same period of the previous year due to a recovery in orders for wildlife-protection fences, dairy-farming supplies and horticultural greenhouses.」

    While sales and profit exceeded the same period of the previous year due to the recovery in orders, it newly documented a decline in gross margins caused by some large projects, again indicating downward pressure on profitability.
  18. FY2019-Q2RestatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, some horticultural greenhouse projects shifted into a different period, but sales exceeded the same period of the previous year due to a recovery in orders for wildlife-protection fences, dairy-farming supplies and horticultural greenhouses.」

    Although some horticultural greenhouse projects shifted into a different period, it reconfirmed that sales exceeded the same period of the previous year due to a recovery in orders for wildlife-protection fences, dairy-farming supplies and horticultural greenhouses.
  19. FY2019-Q1RestatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, both sales and profit exceeded the same period of the previous year due to a recovery in orders for wildlife-protection fences, dairy-farming supplies and horticultural greenhouses.」

    It reconfirmed that 未来のアグリ's sales and profit exceeded the same period of the previous year due to a recovery in orders for wildlife-protection fences, dairy-farming supplies and horticultural greenhouses.
  20. FY2018-Q3RestatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, both sales and profit exceeded the same period of the previous year due to improved gross margins on wildlife-protection fences and dairy-farming supplies and a recovery in orders for horticultural greenhouses.」

    It reconfirmed that sales and profit exceeded the same period of the previous year due to improved gross margins on wildlife-protection fences and dairy-farming supplies and a recovery in orders for horticultural greenhouses.
  21. FY2018-Q2RestatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, both sales and profit exceeded the same period of the previous year due to improved gross margins on wildlife-protection fences and dairy-farming supplies and a recovery in orders for horticultural greenhouses.」

    It reconfirmed that sales and profit exceeded the same period of the previous year due to improved gross margins on wildlife-protection fences and dairy-farming supplies and a recovery in orders for horticultural greenhouses.
  22. FY2018-Q1RestatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, both sales and profit exceeded the same period of the previous year due to the acquisition of large orders for wildlife-damage countermeasures and other factors. Orders for horticultural greenhouses were trending upward but remained sluggish because some projects shifted into a different period.」

    While sales and profit exceeded the same period of the previous year due to large wildlife-damage-countermeasure projects, horticultural greenhouses remained sluggish because some projects shifted into a different period.
  23. FY2017MitigatedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, orders for horticultural greenhouses were sluggish, but both sales and profit exceeded the same period of the previous year due to the acquisition of large orders for wildlife-damage countermeasures and other factors.」

    Although orders for horticultural greenhouses remained sluggish, the situation improved from the previously observed deterioration in profit, with both sales and profit exceeding the same period of the previous year due to large wildlife-damage-countermeasure projects.
  24. FY2017-Q3MaterialisedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, orders for horticultural greenhouses were sluggish, but sales exceeded the same period of the previous year due to the acquisition of large orders for wildlife-damage countermeasures and other factors. Profit, however, fell below the same period of the previous year.」

    Although sales increased through the acquisition of large wildlife-damage-countermeasure projects, profit continued to fall below the same period of the previous year.
  25. FY2017-Q2MaterialisedAnnual report

    「At 未来のアグリ, a subsidiary that handles products addressing wildlife damage, horticultural greenhouses and agricultural materials, orders for horticultural greenhouses were sluggish, but sales exceeded the same period of the previous year due to the acquisition of large orders for wildlife-damage countermeasures and other factors. Operating profit, however, fell below the same period of the previous year due to the impact of projects with low gross margins.」

    While sales increased through the acquisition of large wildlife-damage-countermeasure projects, profit fell below the same period of the previous year due to low-gross-margin projects.
  26. FY2016RestatedAnnual report

    「Although wildlife damage continues to increase and demand for countermeasures remains, intensifying price competition from low-cost products from overseas and elsewhere resulted in both sales and profit falling below the previous fiscal year's levels.」

    It also documented full-year results showing price competition from low-cost overseas products and the resulting declines in sales and profit below the previous fiscal year's levels.
  27. FY2016-Q3MaterialisedAnnual report

    「Although wildlife damage continues to increase and demand for countermeasures remains, intensifying price competition from low-cost products from overseas and elsewhere caused profitability to decline.」

    Although demand exists, the actual business situation is described as involving intensifying competition from low-cost products from overseas and elsewhere and declining profitability.
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