Impact of fresh-food market prices, poor catches, and weather on merchandise sales
First written in FY2017-Q2. 20 of 28 entries say "Materialised", first in FY2018-Q1. Latest entry: FY2026.
Axial Retailing moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 99 of 136 companies on the "Worse" side.
41 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Produce and meat market prices soared, while the main seafood species remained expensive, causing fresh foods generally to rise in price. The company also adjusted selling prices in response to soaring prices for eggs and rice and increases in raw material costs generally.」
Higher prices for produce, meat, seafood, eggs, rice, and raw materials directly affected full-year selling price revisions and increases in the average unit price. - FY2025MaterialisedAnnual report
「Produce and meat market prices soared, while the main seafood species remained expensive, causing fresh foods generally to rise in price. The company also adjusted selling prices in response to soaring prices for eggs and rice and increases in raw material costs generally.」
Higher prices for produce, meat, and seafood, as well as eggs, rice, and raw materials, affected selling price revisions and increases in the average unit price. The average unit price across all stores increased 3.5% year on year. - FY2025-H1MaterialisedAnnual report
「Fresh foods generally remained expensive due to soaring produce and meat market prices and lower catches of the main seafood species. The company also saw an increase in the average unit price and a decrease in the number of items purchased following selling price adjustments in response to soaring raw material costs.」
Soaring produce and meat market prices, lower catches of the main seafood species, and soaring raw material costs directly affected increases in selling prices and the average unit price and decreases in the number of items purchased. - FY2024MaterialisedAnnual report
「In addition to fresh-food market prices remaining higher than in the same period of the previous year, revisions to selling prices in response to higher purchase prices for merchandise, raw materials, and other items increased the average unit price by 4.6% year on year at existing stores and 4.8% across all stores.」
Higher fresh-food market prices and purchase prices were reflected over the full year in selling price revisions and an increase in the average unit price. - FY2024-Q3MaterialisedAnnual report
「In addition to fresh-produce market prices remaining higher than in the same period of the previous year, revisions to selling prices accompanying higher procurement prices for products, raw materials and other items increased the average price per item by 5.0% year on year at existing stores and by 5.3% across all stores.」
Higher fresh-food market prices and purchase prices were reflected in selling price revisions and an increase in the average unit price. - FY2024-Q2MaterialisedAnnual report
「In addition to fresh-produce market prices remaining higher than in the same period of the previous year, revisions to selling prices accompanying higher procurement prices for products, raw materials and other items increased the average price per item by 5.6% year on year at existing stores and by 5.6% across all stores.」
Higher fresh-food market prices and purchase prices were reflected in selling price revisions and a 5.6% increase in the average unit price. - FY2024-Q1MaterialisedAnnual report
「In addition to fresh-produce market prices remaining slightly higher than in the same period of the previous year, revisions to selling prices accompanying higher procurement prices for products, raw materials and other items increased the average price per item by 5.4% year on year at existing stores and by 5.5% across all stores.」
Higher fresh-food market prices and purchase prices directly affected selling prices and the average unit price. The increase in the average unit price lifted average spending per customer by 3.1% at both existing stores and across all stores. - FY2023MaterialisedAnnual report
「In late December, Niigata Prefecture was hit by disaster-level heavy snowfall, causing severe traffic congestion lasting several days in various areas. The snowfall severely disrupted transportation networks, impaired logistics operations, and hindered year-end business operations.」
Disaster-level heavy snowfall impaired transportation networks and logistics operations, disrupting year-end business operations. It took approximately 2 weeks to return to normal operations. - FY2023-Q3MaterialisedAnnual report
「Market prices for fresh foods generally remained slightly higher than in the same period of the previous year, and revisions to selling prices in response to higher purchase prices for merchandise, raw materials, and other items lifted the average unit price by 3.1% year on year at existing stores and 3.3% across all stores.」
Higher fresh-food market prices and purchase prices directly affected selling prices and the average unit price, which increased 3.1% at existing stores and 3.3% across all stores. - FY2023-Q2MaterialisedAnnual report
「Market prices for fresh foods generally remained slightly higher than in the same period of the previous year, and revisions to selling prices in response to higher purchase prices for merchandise, raw materials, and other items lifted the average unit price by 2.5% year on year at existing stores and 2.7% across all stores.」
Higher fresh-food market prices and purchase prices for merchandise and raw materials directly affected selling prices and the average unit price, which increased 2.5% at existing stores and 2.7% across all stores. - FY2023-Q1MaterialisedAnnual report
「Sales increased due to the rise in the number of stores from new openings, the impact of higher purchase prices for merchandise, raw materials, and other items, and higher temperatures resulting from the early end of the rainy season.」
The company reported that higher purchase prices, the early end of the rainy season, and higher temperatures directly affected sales and merchandise sales. - FY2022MaterialisedAnnual report
「In addition to higher market prices for seafood and livestock products, revisions to retail selling prices in response to soaring food costs also had a certain impact. The average unit price increased 0.3% year on year at existing stores and 0.4% across all stores.」
Higher market prices for seafood and livestock products and soaring food costs directly affected retail selling prices and the average unit price. - FY2022-Q3MaterialisedAnnual report
「Prices across fresh foods generally remained slightly lower than in the same period of the previous year, with lower vegetable prices reducing the average unit price. As a result, the average unit price decreased 0.2% year on year at existing stores and 0.1% across all stores.」
Lower vegetable prices reduced the average unit price, which decreased 0.2% at existing stores and 0.1% across all stores in actual results. - FY2021MaterialisedAnnual report
「The heavy snowfall exceeded expectations, forcing some stores to close temporarily or shorten their operating hours, among other measures, causing inconvenience to customers.」
The heavier-than-expected snowfall resulted in temporary closures and shortened operating hours at some stores, as well as a ¥168 million year-on-year increase in snow-removal costs. - FY2021-Q2Extreme heat lifted the number of items purchasedAnnual report
「The number of items purchased increased 8.7% year on year at existing stores and 8.9% across all stores.」
The extreme heat lifted the number of items purchased and directly affected merchandise sales indicators. - FY2020-Q3Ongoing weather impact, but smaller decline in customer trafficAnnual report
「Because the end of the rainy season was delayed and customer shopping frequency decreased, customer traffic declined 1.2% year on year at existing stores and 0.1% across all stores.」
The delayed end of the rainy season and lower shopping frequency continued to affect results, with customer traffic at existing stores decreasing 1.2%. The decline narrowed from the 1.5% decrease at existing stores in the previous quarter, but the weather impact continued. - FY2020-Q2MaterialisedAnnual report
「The end of the rainy season was delayed, with more rainfall and relatively lower temperatures than in the same period of the previous year, reducing the frequency of customer visits. As a result, customer traffic declined 1.5% year on year at existing stores and 0.8% across all stores.」
Delayed end of the rainy season, rainfall, and low temperatures reduced shopping frequency. Customer traffic at existing stores decreased 1.5% year on year and traffic across all stores decreased 0.8%, with the weather impact reflected in actual results. Typhoons and lower unit prices for fresh foods were also cited as factors behind the decline in profit. - FY2020-Q1MaterialisedAnnual report
「The rainy season brought more rainfall and relatively lower temperatures than in the same period of the previous year, and the frequency of customer visits declined. As a result, customer traffic declined 1.3% year on year at existing stores and 0.4% across all stores.」
Increased rainfall and low temperatures reduced shopping frequency. Customer traffic at existing stores decreased 1.3% year on year, while traffic across all stores decreased 0.4%. The impact of weather risk was reflected in actual sales indicators. - FY2019-Q3MaterialisedAnnual report
「Although the mild winter dampened sales of winter products, including hot-pot ingredients,」
The mild winter directly weakened sales of winter products, including hot-pot ingredients, and weather affected merchandise sales. - FY2018-Q3MaterialisedAnnual report
「In fresh fish, it was difficult to promote seasonal products due to an ongoing decline in catches of fresh fish generally, as well as poor catches of saury, salmon, squid, and other fish that feature prominently in seasonal meals.」
The ongoing decline in catches of fresh fish generally and poor catches of saury, salmon, squid, and other species had a direct impact on the promotion of seasonal products. - FY2018-Q2MaterialisedAnnual report
「In fresh fish, it was difficult to promote seasonal products due to an ongoing decline in catches of fresh fish generally, as well as poor catches of saury, salmon, squid, and other fish that feature prominently in seasonal meals.」
The ongoing decline in catches of fresh fish generally and poor catches of saury, salmon, squid, and other species had a direct impact on the promotion of seasonal products. - FY2018-Q1MaterialisedAnnual report
「Throughout the period, temperatures remained relatively low, making it difficult to promote seasonal products. Some customers also showed a tendency to shop less frequently as the number of working housewives increased.」
The persistently low temperatures made it more difficult to promote seasonal products, and the company reported a tendency toward less frequent shopping. - FY2017RestatedAnnual report
「Among fresh foods, produce market prices reached exceptionally high levels in autumn due to unseasonable weather and other factors. In fresh fish, poor catches continued for the main seasonal fish species.」
The company continued to report the impact of soaring produce prices, poor catches of the main fish species, and unseasonable weather on merchandise sales. - FY2017-Q3WorsenedAnnual report
「Among fresh foods, produce market prices reached unusually high levels in autumn. In fresh fish, poor catches continued for the main seasonal fish species. In processed foods, the prolonged spell of late-summer heat made it difficult to transition from summer products to autumn products.」
The company reported unusually high produce market prices, continued poor catches of the main fish species, and delays in the product transition caused by the prolonged late-summer heat, with the effects of fresh-food market prices, poor catches, and weather continuing. - FY2017-Q2First statedAnnual report
「Among fresh foods, produce market prices remained relatively stable, while meat prices temporarily reached unusually high levels. In fresh fish, poor catches continued for the main seasonal fish species. In processed foods, the prolonged spell of late-summer heat made it difficult to transition from summer products to autumn products.」
External factors, including soaring meat prices, poor catches of the main fish species, and delays in the product transition caused by the prolonged late-summer heat, affected merchandise procurement, product assortment, and sales.