Ingredient Safety, Stable Supply and Procurement Cost Fluctuations
First written in FY2017. 13 of 25 entries say "Restated". Latest entry: FY2027-H1.
Totenko moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 23 of 32 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2027-H1ReframedAnnual report
「At the same time, inflation driven by higher crude oil prices and labor costs has persisted, while the recovery in private consumption remains lacking in strength, and the outlook for the economy therefore remains uncertain.」
The discussion of the procurement cost environment has expanded from the specific impact of surging raw material prices to the persistence of inflation driven by higher crude oil prices and labor costs, as well as the weakness of the recovery in consumption. - FY2026MaterialisedAnnual report
「Cost of sales increased ¥28.15 million year on year to ¥1,922.08 million. This was mainly due to higher sales and soaring raw material prices.」
Soaring raw material prices are specifically identified as a factor behind the increase in cost of sales, with the risk of fluctuations in procurement costs reflected in business performance. - FY2026-H1MaterialisedAnnual report
「In terms of profitability, we revised the prices of lunch offerings, set menus and individual dishes to address soaring raw material costs.」
Soaring raw material costs are described as a business environment requiring actual price revisions. - FY2025-Q1RestatedAnnual report
「Meanwhile, the food-service industry continued to face uncertain conditions due to unstable international conditions, rising resource prices and general prices, and chronic labour shortages.」
The challenging cost environment caused by higher raw material and resource prices and inflation continues to be described alongside chronic labor shortages. - FY2024ReframedAnnual report
「Demand in the food service industry is steadily recovering, but challenging conditions continue due to soaring raw material and electricity prices, changes in customers' values and consumer behavior, and chronic labor shortages.」
While acknowledging the recovery in demand, soaring electricity prices in addition to raw material prices, changes in customers' values and consumer behavior, and chronic labor shortages are identified as challenging environmental factors. - FY2024-Q3RestatedAnnual report
「Demand in the food service industry is recovering, but challenging conditions continue due to changes in lifestyles and consumer behavior, the prolonged rise in prices of energy resources and raw materials, and labor shortages.」
While acknowledging the recovery in demand, the prolonged rise in prices of energy resources and raw materials and labor shortages continue to be described as challenging business conditions. - FY2024-Q2WorsenedAnnual report
「Although domestic and inbound demand in the food-service industry has shown signs of recovery following the easing of activity restrictions, difficult operating conditions continue due to the sharp increases in raw-material and utility costs and chronic labour shortages, among other factors, and economic activity going forward remains uncertain.」
In addition to the previous rise in raw material prices and other costs, a sharp increase in utility costs and chronic labor shortages are explicitly identified, indicating a broader challenging environment for procurement and operating costs. - FY2024-Q1RestatedAnnual report
「During the first quarter under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2023MaterialisedAnnual report
「Cost of sales increased ¥692.71 million year on year to ¥1,770.12 million. This was mainly due to higher sales and soaring raw material prices.」
Soaring raw material prices are specifically identified as a factor behind the increase in cost of sales, with the risk of fluctuations in procurement costs reflected in business performance. - FY2023-Q2RestatedAnnual report
「In addition, geopolitical risks, including Russia's invasion of Ukraine, have driven up the prices of energy resources such as crude oil and raw materials, while the yen's depreciation has also continued, leaving the outlook uncertain.」
The procurement cost environment, including higher energy resource and raw material prices and yen depreciation, continues to be described. - FY2023-Q1WorsenedAnnual report
「Geopolitical risks, including Russia's invasion of Ukraine, have driven up the prices of energy resources such as crude oil and raw materials, while the yen's depreciation has also continued, leaving the outlook uncertain.」
The environment surrounding procurement costs for ingredients and raw materials now explicitly includes geopolitical risks, higher energy resource and raw material prices, and continued yen depreciation. - FY2022-Q3RestatedAnnual report
「During the first 3 quarters under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2018RestatedAnnual report
「We intend to take even greater care to ensure the stable procurement of high-quality ingredients. However, our business performance may be affected if external factors raise doubts about the safety of ingredients we use, or if procurement costs fluctuate significantly in response to weather conditions, foreign exchange trends and other factors.」
The risks related to food safety and weather- and foreign-exchange-related fluctuations in procurement costs continue to be described. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter, there were no newly arising business risks. There were also no material changes in the business risks described in the securities report for the previous fiscal year.」
The existing risks related to food safety and stable procurement and fluctuations in procurement costs are described as having undergone no material changes. - FY2017First statedAnnual report
「We intend to take even greater care to ensure the stable procurement of high-quality ingredients. However, our business performance may be affected if external factors raise doubts about the safety of ingredients we use, or if procurement costs fluctuate significantly in response to weather conditions, foreign exchange trends and other factors.」
Doubts about food safety and weather- and foreign-exchange-related fluctuations in procurement costs are identified as risks.