Risk from tighter food-related laws and regulations
First written in FY2016. 5 of 8 entries say "Reframed", first in FY2017-Q3. Latest entry: FY2026-H1.
Kato Sangyo moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 3 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Reframed".
- FY2026-H1ReframedAnnual report
「Although the planned unification of tax rates for beer and beer-like beverages in October 2026 could cause the market to shift toward expansion,」
Regarding the impact of food-related laws and liquor tax revisions, identifies the planned unification of tax rates for beer and beer-like beverages in October 2026 as a specific institutional change and presents it alongside the possibility of market expansion. - FY2024-Q1ReframedAnnual report
「As polarization in consumption became increasingly pronounced against the backdrop of the October 2023 revision to the Liquor Tax Act and other developments, the business environment remained challenging, with competition among companies likely to intensify further depending on future consumer purchasing trends.」
Regarding the impact of food-related laws and regulations, specifically identifies the October 2023 revision to the Liquor Tax Act and other developments as regulatory factors. - FY2021ReframedAnnual report
「In conducting business in Japan, our group is subject to legal regulations including the Food Sanitation Act, Food Labeling Act, Product Liability Act, labor-related laws and regulations, the Act on Prevention of Delay in Payment of Subcontracting Charges and other environmental laws and regulations.」
Specifies laws and regulations covering food sanitation, labeling and product liability, as well as labor, subcontracting and environmental matters, thereby organizing and expanding the scope of regulatory risks. - FY2020ReframedAnnual report
「The outlook is uncertain due to the impact of the liquor tax revision effective from October this year.」
In addition to general food-related laws and regulations, identifies the liquor tax revision as a specific regulatory factor affecting consumption trends and the competitive environment in the alcoholic beverages market. - FY2018-Q2RestatedAnnual report
「Although the partial revision of the Liquor Tax Act and other legislation in June 2017 has helped improve profitability across the alcoholic beverages industry, changes have emerged in consumer purchasing behavior, leaving the outlook for future consumption trends and the competitive environment among companies uncertain.」
Continues to indicate changes in consumer purchasing behavior and uncertainty over consumption trends and the competitive environment in the alcoholic beverages market even after the revisions to the Liquor Tax Act and other legislation. - FY2018-Q1RestatedAnnual report
「Although the partial revision of the Liquor Tax Act and other legislation in June 2017 has helped improve profitability across the alcoholic beverages industry, changes have emerged in consumer purchasing behavior, leaving the outlook for future consumption trends and the competitive environment among companies uncertain.」
Continues to indicate uncertainty over future consumption trends and competition among companies even after the revisions to the Liquor Tax Act and other legislation. - FY2017-Q3ReframedAnnual report
「In June 2017, a law partially revising the Liquor Tax Act and other legislation came into effect, leaving the outlook for consumption trends and the competitive environment among companies in the alcoholic beverages market uncertain.」
In addition to the existing laws and regulations related to food manufacturing, specifically identifies uncertainty in alcoholic beverage market consumption trends and the competitive environment resulting from revisions to the Liquor Tax Act and other legislation. - FY2016First statedAnnual report
「If these legal regulations are strengthened, among other developments, they could affect the business operations of our group.」
Identifies the strengthening of the Food Sanitation Act, Water Pollution Prevention Act, Product Liability Act, Food Recycling Act, Act on the Prevention of Delay in Payment of Subcontracting Charges and other laws related to the manufacture of private-label products as business risks.