Product Price Revisions in Response to Rising Raw Material and Utility Costs
First written in FY2023-Q1. 4 of 7 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「In response to rising raw-material costs, the ham and sausage business worked on price revisions, product rationalization and factory operations improvements, but volume handled, revenue and gross profit fell below the same period of the previous year.」
The company continued price revisions, product rationalization and factory operations improvements, but volume handled, revenue and gross profit in ham and sausages continued to fall below the same period of the previous year. - FY2024Ham and sausage revenue declined despite price revisions, product rationalization and factory improvementsAnnual report
「In response to higher raw-material prices and energy costs, the ham and sausage business worked on price revisions, product rationalization and factory operations improvements, but volume handled, revenue and gross profit all fell below the previous fiscal year.」
The company's measures to address rising costs expanded from price revisions to product rationalization and factory operations improvements, but volume handled, revenue and gross profit in ham and sausages fell below the previous fiscal year. - FY2024-Q1Additional product rationalization and factory operations improvementsAnnual report
「In response to higher raw-material prices and energy costs, the ham and sausage business worked on price revisions, product rationalization and factory operations improvements, but volume handled, revenue and gross profit all fell below the same quarter of the previous year.」
In addition to price revisions, the company implemented product rationalization and factory operations improvements to address rising costs, but volume handled, revenue and gross profit in ham and sausages fell below the same period of the previous year. - FY2023RestatedAnnual report
「Volume handled declined for hamburger product groups sold to certain customers, but sales of sliced meat products, roast beef-related products and other items remained steady, and overall volume handled and gross profit exceeded the previous fiscal year. Net sales rose substantially to ¥75,014 million, up 15.1% year on year, due to product price revisions and other measures reflecting higher raw-material and energy costs.」
The company continued product price revisions in response to higher raw-material and energy costs and cited them as a factor behind the increase in full-year processed-food revenue. - FY2023-Q3RestatedAnnual report
「Revenue substantially exceeded the same quarter of the previous year at ¥57,548 million, up 17.2% year on year, mainly due to product price revisions reflecting higher raw-material and energy costs.」
The company continued product price revisions in response to higher raw-material and energy costs and cited them as a factor behind the 17.2% year-on-year increase in processed-food revenue. - FY2023-Q2RestatedAnnual report
「Volume handled declined for hamburger product groups sold to certain customers, but sales of sliced meat products, roast beef-related products and other items remained steady, and overall volume handled and gross profit exceeded the same quarter of the previous year. Net sales rose substantially to ¥36,986 million, up 20.7% year on year, due to product price revisions and other measures reflecting higher raw-material and energy costs.」
The company continued product price revisions in response to higher raw-material and energy costs, and processed-food revenue increased 20.7% year on year. The company disclosed the continued implementation and results of existing measures. - FY2023-Q1First statedAnnual report
「Revenue substantially exceeded the same quarter of the previous year at ¥17,702 million, mainly due to product price revisions reflecting higher raw-material and utility costs. Revenue also exceeded the same quarter of the previous year at ¥2,926 million, up 10.4% year on year, due to product price revisions, as in processed foods.」
Product price revisions were implemented as a specific measure to address higher raw-material and utility costs and were cited as a factor behind higher revenue in processed foods and ham and sausages.