FY2024First statedAnnual report
「By sales category, processed foods in the Food business remained sluggish, but frozen and chilled products, confectionery, alcoholic beverages and sugar performed steadily, resulting in sales at approximately the previous year's level. Sales of food-service products increased due to higher unit prices for flour and starch and steady performance in fuel. In Feed and Livestock, feed sales declined as sales volumes to pig and poultry producers decreased and unit prices fell. In Livestock, sales volumes of finished hogs were approximately unchanged from the previous year, but sales volumes of boxed meat increased, resulting in higher sales. In Rice, sales increased as higher unit prices offset lower sales volumes of milled and brown rice.」
Food was approximately unchanged from the year-earlier period, while Foodservice Products, Livestock and Rice generated higher revenue. Feed revenue declined due to lower sales volume and selling prices.