Grain Supply Chain and Stable Supply
First written in FY2016. 2 of 4 entries say "Worsened", first in FY2017. Latest entry: FY2019-Q3.
The whole theme swung hardest in 2025: 1 of 10 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2019-Q3AdvancedAnnual report
「With the aim of securing a stable supply of grain, we established PG AGRO CO.,LTD., a feed ingredients sales company, jointly with S P M FEED MILL CO.,LTD., a Thai livestock and feed manufacturing and sales company, in October 2018.」
The Group established a joint venture in Thailand to sell feed ingredients and advanced specific measures to ensure the stable procurement and supply of grain and feed. - FY2018-Q1WorsenedAnnual report
「Quarterly profit attributable to owners of the parent was ¥400 million, down ¥800 million, or 67.0%, from the cumulative consolidated total for the same quarter of the previous year, due to weak performance at overseas grain infrastructure subsidiaries and the impact of restructuring the food business, among other factors.」
Weak performance at overseas grain infrastructure subsidiaries continued, and quarterly profit in the Food and Living Industry segment decreased by ¥800 million, or 67.0%, year on year. - FY2017WorsenedAnnual report
「Regarding goodwill recognized in connection with the acquisition of a subsidiary in the grain infrastructure business of the Food and Living Industry Division, the Group reduced the carrying amount of the asset to its recoverable amount after reviewing the business plan in light of delays in commencing operations, country risk and other factors.」
In the grain infrastructure business, the Group reviewed its business plan in light of delays in commencing operations and country risk, resulting in goodwill impairment. - FY2016First statedAnnual report
「The Group aims to strengthen customer services, including grain collection, establish a supply chain extending from upstream to downstream, ensure a stable supply of grain and further expand its business in this field.」
The Group made NovaAgri, which owns grain warehouses, rail transshipment facilities and export terminals in Brazil, a wholly owned subsidiary and stated that it would develop grain infrastructure extending from upstream to downstream.