FY2020-Q2First statedAnnual report
「By product category, food revenue increased as processed foods and alcoholic beverages continued to perform well. Alcoholic beverages also benefited from rush demand ahead of the consumption tax increase in October of that year. In commercial products, revenue from flour increased as sales volumes rose and selling prices increased, while commercial food ingredients also performed well. In feed and livestock, sales of feed to pig and poultry producers remained solid, but revenue from livestock declined as both the number of finished pigs collected and meat sales remained sluggish. In rice, brown rice sales performed well, but revenue declined as sales of rice milled for household and commercial use remained sluggish.」
Processed foods and alcoholic beverages, flour and commercial food ingredients, and brown rice contributed to higher revenue, while livestock and rice milled for household and commercial use were sluggish or generated lower revenue. Alcoholic beverages benefited from rush demand ahead of the consumption tax increase.