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Fp (7947) · RiskMitigated

Risk of Business Performance Fluctuations Due to Economic Conditions, Demand Contraction and Competition

First written in FY2016. 6 of 22 entries say "Mitigated", first in FY2024-Q3. Latest entry: FY2026.

22entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2023-Q3MitigatedFY2024-Q3 – FY20252016: 120162017: 320172018: 220182019: 220192020: 120202021: 020212022: 220222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Intensifying market competition and order intake and price fluctuations driven by business cyclesA theme 71 companies write about · 72 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2020: 29 of 54 companies on the "Worse" side.

7 other companies' latest entry also says "Mitigated".

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 71 companies compared. The sentences above are computed from all 71.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Product sales volume was 99.7% of the previous year, affected by a decline in the number of items purchased at retailers, including convenience stores, against a backdrop of higher prices. By quarter, it was 97.8% in the first quarter, 98.3% in the second quarter, 101.2% in the third quarter and 101.5% in the fourth quarter, indicating a recovery trend supported by expanded sales of high-value-added products, including eco-products (Eco Tray, Eco APET and Eco OPET).」

    Full-year product sales volume remained below the previous year at 99.7%, but exceeded the previous year in the third and fourth quarters, indicating a recovery trend driven by expanded sales of high-value-added products.
  2. 2026-04-30MitigatedEarnings

    「By quarter, the figures were 97.8% in the first quarter, 98.3% in the second quarter, 101.2% in the third quarter and 101.5% in the fourth quarter. Sales growth of high-value-added products, including eco-products such as Eco Tray, Eco APET and Eco OPET, contributed to a recovery trend.」

    Full-year product sales volume was 99.7% of the previous year, but the third and fourth quarters exceeded the corresponding quarters of the previous year, indicating a quarterly recovery trend.
  3. FY2026-H1WorsenedAnnual report

    「Product sales volume was 98.1% of the year-earlier period. Although eco-products (Eco Tray, Eco APET and Eco OPET) grew, supported by rising environmental awareness, the number of items purchased at retailers fell below the previous year's level against a backdrop of higher prices, particularly at convenience stores.」

    Product sales volume fell back below the previous year's level at 98.1% of the year-earlier period, after the recovery trend in the previous fiscal year. The decline in the number of items purchased at retailers due to higher prices, particularly at convenience stores, was cited as a factor.
  4. FY2025MitigatedAnnual report

    「The Group maintains approximately 12,000 product items at all times and responds to changes in demand by switching to new products. It also differentiates itself from competitors by increasing the sales mix of its original products and has established a structure that is less susceptible to price competition.」

    In response to demand contraction and competitive risks, the product lineup was expanded from approximately 10,000 items to around 12,000 items.
  5. FY2025-H1MitigatedAnnual report

    「Product sales volume was 102.4% of the year-earlier period, while eco-products (Eco Tray, Eco APET and Eco OPET) remained firm at 108.2%.」

    Product sales volume recovered from the decline in demand through the previous fiscal year, reaching 102.4% of the year-earlier period. Eco-products recorded stronger growth, at 108.2% of the year-earlier period.
  6. FY2024MitigatedAnnual report

    「Product sales volume has been recovering since it turned higher year on year in September 2023. It exceeded the year-earlier period at 100.3% in the consolidated accounting period ended in the third quarter and 102.6% in the consolidated accounting period ended in the fourth quarter. Product sales volume was 108.3% of the fiscal year ended March 2020, before COVID-19, with a CAGR of 2.0% from the fiscal year ended March 2020.」

    Product sales volume turned higher year on year from September 2023 and exceeded the year-earlier period in the accounting periods ended in the third and fourth quarters.
  7. FY2024-Q3MitigatedAnnual report

    「Product sales volume has been recovering since it turned higher year on year in September 2023. Although it was slightly below the year-earlier period at 99.3% for the nine-month consolidated period ended in the third quarter, amid continued broad-based inflation, particularly for food, and the resulting decline in the number of items purchased at supermarkets, it was 100.3% for the consolidated accounting period ended in the third quarter.」

    Product sales volume declined to 99.3% of the year-earlier period for the nine-month period ended in the third quarter, but reached 100.3% for the accounting period ended in the third quarter, and has been recovering after turning higher year on year in September 2023.
  8. FY2024-Q2Narrower decline in first-half volume and increase in September aloneAnnual report

    「Product sales volume was slightly below the year-earlier period at 98.8%, affected by a decline in the number of items purchased at supermarkets amid continued broad-based inflation, particularly for food. On a monthly basis, however, September was 100.6%, exceeding the year-earlier level.」

    Product sales volume for the six-month period ended in the second quarter declined to 98.8% of the year-earlier period, but reached 100.6% in September alone, exceeding the year-earlier level.
  9. FY2024-Q1Quarterly improvement in product sales volumeAnnual report

    「Product sales volume was 98.4% of the year-earlier period, broadly in line with the plan.」

    Product sales volume was 98.4% of the year-earlier period. Although it remained below the year-earlier level, it was described as broadly in line with the plan.
  10. FY2023WorsenedAnnual report

    「Product sales volume for the consolidated fiscal year was 97.8% of the previous fiscal year. The main factors were a decline in shipments, particularly for fresh food products, following the pullback from the increase in demand for meals prepared at home associated with COVID-19 restrictions in the previous fiscal year, and the temporary suspension of activities aimed at expanding market share while negotiations were conducted on the second product price revision in response to the sharp rise in raw material prices.」

    Product sales volume declined from 98.4% of the year-earlier period for the nine-month period ended in the third quarter to 97.8% for the full year, with the pullback from demand for meals prepared at home and the temporary suspension of market-share expansion activities during price revision negotiations cited as factors.
  11. FY2023-Q3Narrowing decline in product sales volumeAnnual report

    「Product sales volume for the nine-month period ended in the third quarter was 98.4% of the year-earlier period (102.5% of the period two years earlier). The main factors were a decline in shipments, particularly for fresh food products, following the pullback from the increase in demand for meals prepared at home associated with COVID-19 restrictions in the same period a year earlier, and the temporary suspension of activities aimed at expanding market share while negotiations were conducted on the second product price revision, announced on 28 April 2022, in response to the sharp rise in raw material prices.」

    Product sales volume was 98.4% of the year-earlier period. Although the decline narrowed slightly from 98.1% for the six-month period ended in the second quarter, the pullback from demand for meals prepared at home and the temporary suspension of market-share expansion activities during price revision negotiations continued to be cited as factors.
  12. FY2023-Q2Continued decline in product sales volumeAnnual report

    「Product sales volume for the six-month period ended in the second quarter was 98.1% of the year-earlier period (104.4% of the period two years earlier). The main factors were a decline in shipments, particularly for fresh food products, following the pullback from the increase in demand for meals prepared at home in the same period a year earlier, and the temporary suspension of activities aimed at expanding market share while negotiations were conducted on the second product price revision, announced on 28 April 2022, in response to the sharp rise in raw material prices.」

    Product sales volume was 98.1% of the year-earlier period, due to the pullback from the increase in demand for meals prepared at home and the temporary suspension of market-share expansion activities during price revision negotiations.
  13. FY2023-Q1Demand pullback and decline in product sales volumeAnnual report

    「Product sales volume was 98.1% of the year-earlier period (104.2% of the period two years earlier), owing mainly to a decline in shipments, particularly for fresh food products, following the increase in demand for meals prepared at home during the COVID-19 restrictions in the same period a year earlier. In addition, activities aimed at expanding market share were temporarily suspended while negotiations were conducted on the second product price revision, announced on 28 April 2022, in response to the sharp rise in raw material prices.」

    Shipments of products for fresh food declined following the pullback from the increase in demand for meals prepared at home during COVID-19, while the temporary suspension of market-share expansion activities during price revision negotiations also contributed, resulting in product sales volume of 98.1% of the year-earlier period.
  14. FY2020RestatedAnnual report

    「A contraction in demand resulting from economic trends and other factors, as well as changes in supply-demand conditions and prices resulting from competition with other companies, may affect the Group's performance. To address these risks, the Group maintains approximately 10,000 product items at all times and responds to changes in demand by switching to new products. It also differentiates itself from competitors by increasing the sales mix of its original products and has established a structure that is less susceptible to price competition.」

    The response to demand contraction and competitive risks has been reconfirmed as approximately 10,000 product items, switching to new products and increasing the sales mix of original products.
  15. FY2019Uncertainty surrounding US-China trade friction and other factorsAnnual report

    「During the consolidated fiscal year under review, from 1 April 2018 to 31 March 2019, Japan's economy remained on an uncertain outlook, despite a gradual recovery trend supported by improvements in employment and income conditions, due in part to uncertainty in the overseas economy, including the impact of US-China trade friction.」

    Uncertainty in the overseas economy, including US-China trade friction, is cited as part of the business environment related to economic and competitive risks.
  16. FY2019-Q3Uncertainty surrounding trade friction, the overseas economy and other factorsAnnual report

    「Looking ahead, consumers continue to show a strong preference for saving, and we expect the challenging business environment surrounding the Group to persist, given the impact of US-China trade friction, the UK's withdrawal from the EU, and fluctuations in raw material costs and electricity rates resulting from changes in foreign exchange rates and crude oil prices.」

    Households' preference for saving, US-China trade friction, the UK's withdrawal from the EU, and fluctuations in foreign exchange and crude oil prices are cited as sources of uncertainty in the business environment.
  17. FY2019-Q2Continued household preference for savingAnnual report

    「Although the pass-through of higher raw material and labor costs into prices, including transportation costs, between companies has progressed, consumer price growth remains sluggish and households continue to show a strong preference for saving.」

    Sluggish consumer prices and households' persistent preference for saving are cited as demand-related factors in the business environment.
  18. FY2018RestatedAnnual report

    「However, shrinking demand due to economic conditions and other factors, and changes in supply-demand balances and prices resulting from competition with other companies, may affect the performance of our group.」

    The risks of demand contraction caused by economic conditions and supply-demand and price volatility caused by competition have been reaffirmed.
  19. FY2018-Q2RestatedAnnual report

    「In addition, concerns including U.S. policy trends, overseas economic conditions, particularly in emerging economies, and heightened tensions on the Korean Peninsula mean that the outlook remains uncertain.」

    We have reconfirmed the uncertainty over the outlook arising from US policy developments, the overseas economy and the situation on the Korean Peninsula.
  20. FY2018-Q1RestatedAnnual report

    「In addition, concerns including U.S. policy trends, overseas economic conditions, particularly in emerging economies, and heightened tensions on the Korean Peninsula mean that the outlook remains uncertain.」

    We have reconfirmed the uncertainty over the outlook arising from the overseas economy, US policy developments and the situation on the Korean Peninsula, among other factors.
  21. FY2017RestatedAnnual report

    「However, shrinking demand due to economic conditions and other factors, and changes in supply-demand balances and prices resulting from competition with other companies, may affect the performance of our group.」

    The risks of demand contraction caused by economic conditions and supply-demand and price volatility caused by competition have been reaffirmed.
  22. FY2016First statedAnnual report

    「However, shrinking demand due to economic conditions and other factors, and changes in supply-demand balances and prices resulting from competition with other companies, may affect the performance of our group.」

    Demand contraction caused by economic conditions and supply-demand and price volatility caused by competition are identified as performance risks.
Moved together

"Promoting Tray-to-Tray and Bottle-to-Tray Recycling" moved the same way as this thread, in the same document, in 6 of its 22 moves.

665544★123456
  1. ★This thread
  2. 1Promoting Tray-to-Tray and Bottle-to-Tray Recycling6×
  3. 2Accelerating the Development of High-Value-Added, Original Products6×
  4. 3CO2 Emissions Reduction Through Recycling and Environmentally Friendly Design5×
  5. 4Completion of the Nationwide Logistics Network and Stable Supply5×
  6. 5Building a Proposal-Driven, Problem-Solving Company4×
  7. 6Strengthening the Supply Chain and Optimizing Total Costs4×

★ 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
Fp's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-04-30: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of Business Performance Fluctuations Due to Economic Conditions, Demand Contraction and Competition | FP CORPORATION (7947) | Komori