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OUG Holdings (8041) · InitiativeRestated

Food processing sales expansion through the development of new business partners

First written in FY2017-Q1. 2 of 6 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2023-Q1.

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ProgressHeldSoftenedWorseDroppedFY2017 – FY2023-Q12016: 220162017: 220172018: 020182019: 020192020: 020202021: 020212022: 22022
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  1. FY2023-Q1RestatedAnnual report

    「In the off-market seafood wholesaling business, sales related to mass retailers remained firm due in part to the acquisition of new business partners, while sales to the food-service and hotel sectors also showed signs of recovery, resulting in higher revenue.」

    The company continued to state that the acquisition of new business partners contributed to firm sales related to mass retailers. Revenue was ¥28,788 million.
  2. FY2022-Q3Reappearance of the initiativeAnnual report

    「Although sales to major customers in the food-service and hotel sectors had not yet fully recovered, sales related to mass retailers remained firm. In addition, the acquisition of new business partners and other factors resulted in revenue of ¥88,049 million, compared with ¥84,209 million in the same quarter of the previous year.」

    The acquisition of new business partners, whose mention had once disappeared, was again explicitly identified as a factor in sales expansion in the off-market seafood wholesaling business.
  3. FY2017DroppedAnnual report

    「The food processing business generated revenue of ¥4,831 million, or 99.2% year on year, and recorded a segment loss of ¥4 million, compared with a segment loss of ¥90 million in the same period of the previous year, despite higher raw material prices, due to improved production efficiency.」

    The annual report does not mention sales expansion through the development of new business partners, which was cited in the quarterly report, and instead mentions improved production efficiency.
  4. FY2017-Q3AdvancedAnnual report

    「The food processing business, which processes seafood and rice-based products such as rice balls for mass retailers at food processing centers located in areas of consumption, pursued sales expansion by developing new business partners, generating revenue of ¥4,242 million, or 113.3% year on year, and recording segment profit of ¥10 million, compared with a segment loss of ¥70 million in the same quarter of the previous year, due to higher revenue and improved production efficiency.」

    The company continued to expand sales by developing new business partners, generating revenue of ¥4,242 million, or 113.3% year on year. It also disclosed that improved production efficiency and other factors resulted in a shift from a segment loss of ¥70 million in the previous year to segment profit of ¥10 million.
  5. FY2017-Q2AdvancedAnnual report

    「The food processing business pursued sales expansion by developing new business partners, generating revenue of ¥2,651 million, or 114.7% year on year, and recording a segment loss of ¥17 million, compared with a segment loss of ¥82 million in the same quarter of the previous year, due to higher raw material prices and other factors.」

    The company disclosed that it continued to expand sales by developing new business partners, with revenue increasing to ¥2,651 million, or 114.7% year on year.
  6. FY2017-Q1First statedAnnual report

    「The food processing business pursued sales expansion by developing new business partners, generating revenue of ¥1,252 million, or 114.0% year on year,」

    The company disclosed for the first time that developing new business partners was a specific means of expanding sales in the food processing business.
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OUG Holdings's next results are scheduled for 2026-11-12. Read the earnings preview
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