Higher aquaculture production costs due to soaring feed prices
First written in FY2017. 7 of 20 entries say "Materialised", first in FY2017. Latest entry: 2026-11-12.
OUG Holdings moved to the "Worse" side of this theme in 2021.
1 other company's latest entry also says "Worsened".
- FY2026Continued cost inflation and profit recoveryAnnual report
「The aquaculture business, which farms yellowtail and tuna in Kyushu and Shikoku, saw sales volume decline and production costs rise as growth of its main product, farmed yellowtail, was delayed by prolonged high seawater temperatures. However, selling prices rose substantially due to low nationwide inventories, resulting in higher revenue and profit.」
Although delayed growth due to high seawater temperatures and higher production costs continued, the aquaculture business changed from a loss in the previous year to a ¥2,085 million profit due to higher selling prices. - FY2026-H1MitigatedAnnual report
「The aquaculture business, which farms yellowtail and tuna in Kyushu and Shikoku, experienced lower sales volume and higher production costs due to delayed growth caused by prolonged high seawater temperatures. However, selling prices rose sharply because nationwide inventories were low, resulting in revenue of ¥4,436 million (106.8% year on year) and segment profit of ¥444 million, compared with a segment loss of ¥523 million in the prior year.」
Although production costs continued to rise, the aquaculture business improved from a ¥523 million loss in the year-earlier period to a ¥444 million profit due to a substantial increase in selling prices. - FY2025Continued cost inflation and flat lossesAnnual report
「In terms of profit, production costs increased due to soaring feed prices, delayed growth caused by extreme heat and other factors. As a result, revenue was ¥10,991 million, or 119.8% of the year-earlier level, and the segment loss was ¥451 million, compared with a segment loss of ¥453 million in the year-earlier period.」
Higher production costs due to soaring feed prices and extreme heat continued. Revenue increased, but the aquaculture business posted a ¥451 million loss, leaving the loss level almost unchanged from the previous year. - FY2025-H1WorsenedAnnual report
「The aquaculture business posted revenue of ¥4,152 million, or 122.2% of the year-earlier level, and a segment loss of ¥523 million, compared with segment profit of ¥153 million in the year-earlier period, due to lower selling prices resulting from high nationwide inventories of farmed yellowtail and higher production costs resulting from soaring feed prices, delayed growth caused by extreme heat and other factors.」
In addition to soaring feed prices, production costs increased due to delayed growth caused by extreme heat and other factors, and the aquaculture business changed from profit of ¥153 million in the year-earlier period to a loss of ¥523 million. - FY2024-Q3WorsenedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, posted revenue of ¥6,433 million, or 88.1% of the year-earlier quarter, and a segment loss of ¥196 million, compared with segment profit of ¥1,088 million in the year-earlier quarter, due to lower selling prices resulting from high inventories of farmed yellowtail and higher production costs resulting from soaring feed prices and other factors.」
Lower selling prices due to increased inventories of farmed yellowtail and higher production costs due to soaring feed prices and other factors occurred, and the business changed from profit in the year-earlier period to a ¥196 million loss. - FY2024-Q2WorsenedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, posted revenue of ¥3,397 million, or 82.6% of the year-earlier quarter, and segment profit of ¥153 million, or 30.5% of the year-earlier quarter, due to generally smaller fish sold, lower sales weight and selling prices, and soaring feed and other costs.」
Lower sales weight and selling prices and soaring feed and other costs actually occurred, and segment profit reached 30.5% of the year-earlier level. - FY2024-Q1MaterialisedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, maintained solid selling prices, but revenue was ¥1,798 million, or 86.9% of the year-earlier quarter, due to lower sales volume and higher production costs resulting from increases in feed, materials and fuel costs. Segment profit was ¥199 million, or 66.2% of the year-earlier quarter.」
Higher production costs due to increases in feed, materials and fuel costs actually occurred, and segment profit in the aquaculture business reached 66.2% of the year-earlier level. - FY2023MaterialisedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, maintained solid selling prices even after the year-end peak demand season. Although sales volume declined, revenue increased and absorbed higher production costs resulting from increases in feed, materials and fuel costs. Revenue was ¥9,328 million, or 110.4% of the year-earlier level, and segment profit was ¥1,096 million, or 167.5% of the year-earlier level.」
Higher production costs due to increases in feed, materials and fuel costs continued, but were absorbed by higher selling prices, and segment profit reached 167.5% of the year-earlier level. - FY2023-Q3MaterialisedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, saw sales volume decline as high selling prices continued through the peak demand season at year-end, but revenue increased and absorbed higher production costs resulting from increases in feed, materials and fuel costs. Revenue was ¥7,300 million, or 116.9% of the year-earlier quarter, and segment profit was ¥1,088 million, or 186.7% of the year-earlier quarter.」
Higher production costs due to increases in feed, materials and fuel costs continued to occur in practice. Meanwhile, high selling prices absorbed the higher costs, and segment profit reached 186.7% of the year-earlier level. - FY2023-Q2MaterialisedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, posted revenue of ¥4,112 million, or 119.4% of the year-earlier quarter, and segment profit of ¥503 million, or 260.4% of the year-earlier quarter. Sales volume declined amid continued increases in production costs due to higher feed, materials and fuel costs, but high and stable selling prices provided support.」
Higher production costs due to increases in feed, materials and fuel costs continued to occur in practice. Meanwhile, high and stable selling prices drove segment profit to 260.4% of the year-earlier level. - FY2021MaterialisedAnnual report
「A ¥26 million subsidy related to soaring prices for compound feed for aquaculture in the aquaculture business.」
Soaring prices for compound aquaculture feed also occurred in the fiscal year, and ¥26 million was recorded as subsidy income. - FY2020-Q2MitigatedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, posted revenue of ¥3,975 million, or 104.6% of the year-earlier quarter, due to higher selling prices and increased sales volume, while segment profit was ¥256 million, or 109.2% of the year-earlier quarter, due to an improved gross profit margin.」
The aquaculture business improved its gross profit margin, while higher selling prices and increased sales volume also contributed to segment profit reaching 109.2% of the year-earlier quarter. This indicates that the impact of higher production costs was less pronounced on profit. - FY2020-Q1MitigatedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, posted revenue of ¥1,976 million, or 97.8% of the year-earlier quarter, as higher selling prices were offset by lower sales volume, while segment profit was ¥158 million, or 136.5% of the year-earlier quarter, due to an improved gross profit margin.」
The aquaculture business improved its gross profit margin, and segment profit reached 136.5% of the year-earlier quarter. This indicates that the impact of higher production costs was less pronounced on profit than in the previous period. - FY2019MaterialisedAnnual report
「The main item was a ¥55 million subsidy related to soaring prices for compound feed for aquaculture in the aquaculture business.」
Soaring prices for compound aquaculture feed also occurred in the fiscal year, and ¥55 million was disclosed as subsidy income. - FY2018MitigatedAnnual report
「The aquaculture business benefited from continued solid market conditions and posted revenue of ¥8,121 million, or 100.2% of the year-earlier level, while segment profit was ¥515 million, or 253.1% of the year-earlier level, due to a higher gross profit margin.」
In the aquaculture business, profit reached 253.1% of the year-earlier level due to solid market conditions and a higher gross profit margin, indicating that the impact of higher production costs that emerged in the previous fiscal year had eased. - FY2018-Q1MitigatedAnnual report
「The aquaculture business, which farms yellowtail, Japanese amberjack and tuna in Kyushu and Shikoku, posted revenue of ¥1,725 million, or 95.8% of the year-earlier quarter, while segment profit was ¥110 million, compared with a segment loss of ¥8 million in the year-earlier quarter, due to a higher gross profit margin resulting from improved production costs.」
The company disclosed that the aquaculture business moved from a loss in the previous year to a profit due to improved production costs and a higher gross profit margin, rather than movements in feed prices themselves. - FY2017MaterialisedAnnual report
「Segment profit was ¥203 million, or 86.2% of the year-earlier level, due to higher production costs resulting from soaring feed prices and other factors.」
The company disclosed that soaring feed prices and higher production costs actually occurred in the aquaculture business, resulting in segment profit at 86.2% of the year-earlier level.