Procurement Risk from Ingredient Market Conditions and Exchange-Rate Movements
First written in FY2016. 14 of 31 entries say "Restated". Latest entry: FY2026.
Genki Global Dining Concepts moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 26 of 37 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The cost of sales ratio was 45.1% due to surging food ingredient prices, particularly rice prices.」
The surge in food ingredient prices, particularly rice prices, was reflected in the cost of sales ratio of 45.1%, demonstrating the continued and increasingly concrete risk of higher procurement costs. - FY2026-H1WorsenedAnnual report
「At the same time, the outlook remains subject to numerous risk factors, including downside risk from the impact of US trade policy, further increases in raw material prices, particularly rice prices, and higher labour costs due to prolonged labour shortages and increases in the minimum wage. The outlook for the domestic and overseas economies therefore remains uncertain.」
In addition to the previously identified risks related to raw material prices and foreign exchange rates, the disclosure explicitly identified US trade policy, further increases in raw material prices, particularly rice prices, prolonged labour shortages, and increases in the minimum wage. - FY2025WorsenedAnnual report
「The business environment surrounding our group has seen the risk of cost increases become increasingly pronounced due to changes in the external environment, including surging prices for rice and other raw materials and resources, foreign exchange fluctuations, and developments in US policy, particularly trade policy.」
In addition to the previously identified risks related to food ingredient market conditions and foreign exchange fluctuations, the scope of the risks was expanded to explicitly include surging rice and resource prices and US trade policy as factors driving cost increases. - FY2024WorsenedAnnual report
「However, the outlook remains uncertain due to numerous risk factors, including the effects of sharply higher raw material and resource prices, scarce human resources, rapid foreign exchange fluctuations, unstable international conditions and economic stagnation in neighbouring countries.」
In addition to the existing risks from food commodity markets and foreign exchange fluctuations, the Company explicitly identified sharply higher resource prices, scarce human resources, unstable international conditions and economic stagnation in neighbouring countries as multiple risk factors. - FY2024-Q3RestatedAnnual report
「Looking ahead, the economies of Japan and overseas remain uncertain due to numerous risk factors, including sharply higher raw material and energy prices, rapid foreign exchange fluctuations, global monetary tightening and unstable international conditions.」
The Company continued to describe uncertainty in the procurement and business environment due to sharply higher raw material and energy prices, rapid foreign exchange fluctuations, monetary tightening and unstable international conditions. - FY2024-Q1WorsenedAnnual report
「Meanwhile, the economies of Japan and overseas remain uncertain due to the effects of sharply higher raw material and energy prices, the yen's depreciation against foreign currencies, prolonged global monetary tightening and prolonged price increases.」
In addition to the existing rises in raw material and energy prices and foreign exchange fluctuations, the Company identified the yen's depreciation, global monetary tightening and prolonged price increases as factors contributing to the uncertain outlook. - FY2023-Q3WorsenedAnnual report
「During the first 9 months of the current consolidated fiscal year, Japan's economy was affected by rising raw material and energy prices and foreign exchange fluctuations as the impact of COVID-19 continued. However, social and economic activity continued to normalise as living with COVID-19 progressed, and a gradual recovery continued.」
While the impact of infectious diseases continued, rising raw material and energy prices and foreign exchange fluctuations continued to affect actual results. - FY2023-Q2WorsenedAnnual report
「During the first 6 months of the current consolidated fiscal year, Japan's economy was affected by the renewed increase in COVID-19 cases from July, sharply higher raw material and energy prices, and rapid foreign exchange fluctuations. However, economic and social activity continued to normalise as restrictions on behaviour were eased, and signs of recovery continued.」
In addition to the renewed increase in infections, sharply higher raw material and energy prices and rapid foreign exchange fluctuations were identified as factors affecting actual results, indicating that uncertainty in the procurement environment continued and intensified. - FY2023-Q1WorsenedAnnual report
「Looking ahead, the economies of Japan and overseas remain uncertain due to concerns including the prolonged impact of infectious diseases, unstable international conditions and price trends. In the food service industry, signs of a recovery in personal consumption, centred on service consumption such as eating out, were observed as various restrictions related to infectious diseases were eased. However, the impact of sharply higher raw material and energy prices has grown, and the challenging business environment is expected to continue.」
The Company explicitly described the growing impact of sharply higher raw material and energy prices, stating that the existing risk of rising procurement prices is continuing and worsening. - FY2022WorsenedAnnual report
「During the consolidated fiscal year, Japan's economy remained challenging despite continued signs of recovery, due to ongoing restrictions on economic activity resulting from the spread of COVID-19 and the effects of rising energy and raw material prices.」
In addition to the existing risks from food commodity markets and foreign exchange fluctuations, rising energy and raw material prices emerged as cost factors in actual results. - FY2022-Q3WorsenedAnnual report
「Meanwhile, as the number of new cases of new COVID-19 variants has been rising sharply, uncertainty continues both in Japan and overseas, including the risk of securing raw materials due to higher prices for food products and energy and transportation problems.」
In addition to the existing procurement risks from food commodity markets and foreign exchange fluctuations, the Company explicitly described higher food and energy prices and the risk of securing raw materials due to transportation problems. - FY2020ReframedAnnual report
「Through Kobe Marukan Co., Ltd., a subsidiary of its parent company, Shinmei Holdings Co., Ltd., the Group is working to procure products at low and stable prices by diversifying production areas and purchasing from multiple suppliers. However, if food commodity markets fluctuate significantly due to the factors described above and others, the Group's financial position and operating results may be affected by higher purchase prices and shortages of food products.」
The description states that procurement in response to procurement risks is conducted through Kobe Marukan Co., Ltd., a subsidiary of the parent company, rather than through the parent company. - FY2020-Q3RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including deep-rooted consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries and business formats.」
The Company reconfirmed that the procurement environment of continuing increases in raw material prices is a factor contributing to a challenging food service environment. - FY2020-Q2RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including deep-rooted consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries and business formats.」
The Company reconfirmed that the procurement environment of continuing increases in raw material prices is a factor contributing to a challenging food service environment. - FY2020-Q1RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including deep-rooted consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries and business formats.」
The Company reconfirmed that the procurement environment of continuing increases in raw material prices is a factor contributing to a challenging food service environment. - FY2019-Q3RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including deep-rooted consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries and business formats.」
The Company reconfirmed that the procurement environment of continuing increases in raw material prices is a factor contributing to a challenging operating environment. - FY2019-Q2RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including deep-rooted consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries and business formats.」
The Company reconfirmed that the procurement environment of continuing increases in raw material prices is a factor contributing to a challenging operating environment. - FY2019-Q1RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including deep-rooted consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries and business formats.」
The Company reconfirmed that the procurement environment of continuing increases in raw material prices is a factor contributing to a challenging operating environment. - FY2018RestatedAnnual report
「Through its parent company, Shinmei Co., Ltd., the Group is working to procure products at low and stable prices by diversifying production areas and purchasing from multiple suppliers. However, if food commodity markets fluctuate significantly due to the factors described above and others, the Group's financial position and operating results may be affected by higher purchase prices and shortages of food products.」
The Company continued to describe risks from food commodity markets and foreign exchange fluctuations, as well as the response of diversifying production areas and purchasing from multiple suppliers through Shinmei. - FY2018-Q3RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including stronger consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries.」
The Company reconfirmed the procurement environment of continuing increases in raw material prices. - FY2018-Q2RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including stronger consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries.」
The Company reconfirmed the procurement environment of continuing increases in raw material prices. - FY2018-Q1RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including stronger consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries.」
The Company reconfirmed the procurement environment of continuing increases in raw material prices. - FY2017MitigatedAnnual report
「Through its parent company, Shinmei Co., Ltd., the Group is working to procure products at low and stable prices by diversifying production areas and purchasing from multiple suppliers. However, if food commodity markets fluctuate significantly due to the factors described above and others, the Group's financial position and operating results may be affected by higher purchase prices and shortages of food products.」
While continuing to describe risks from food commodity markets and foreign exchange fluctuations, the Company explicitly identified diversification of production areas and purchasing from multiple suppliers through Shinmei as countermeasures. - FY2017-Q3RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including stronger consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across industries.」
The Company reconfirmed the procurement environment of continuing increases in raw material prices. - FY2017-Q2RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including stronger consumer preferences for saving and low prices, higher labour costs due to labour shortages, rising raw material prices and intensifying competition across business formats.」
The Company reconfirmed the procurement environment of continuing increases in raw material prices. Foreign exchange was disclosed separately as a risk relating to overseas operations. - FY2017-Q1RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including increasingly polarised consumption driven by stronger preferences for saving, as well as higher labour costs due to labour shortages and rising raw material prices.」
The Company describes the continued challenging procurement environment, including rising raw material prices. - FY2016First statedAnnual report
「Among the food products handled by the Group, seafood and agricultural products are exposed to the risk of market price fluctuations resulting from changes in harvest volumes due to weather and other factors. In addition, imported frozen seafood and other products are exposed to the risk of fluctuations in domestic market prices due to local market conditions and foreign exchange fluctuations.」
The Company describes the possibility of higher purchase prices and shortages of food products due to weather, harvest volumes, overseas market conditions and foreign exchange fluctuations.