Deterioration in Liquor Business Profitability Due to Reduced Transactions with Major Customers
First written in FY2016. 5 of 9 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2025-H1.
Kato Sangyo moved to the "Worse" side of this theme in 2016, 5 years before the typical company in this theme (2021).
3 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「As a result, operating revenue was ¥131,610 million, up 6.3% year on year, due to increased transactions with existing customers, although」
In the alcoholic beverages distribution business, transactions with existing customers increased and operating revenue rose 6.3% year on year, so the deterioration in profitability caused by declining transactions with major customers continues to be mitigated in terms of results. - FY2024-Q2MitigatedAnnual report
「As a result, operating revenue, supported by increased transactions with existing customers as well as a recovery in demand from the food-service sector, was ¥123,787 million, up 9.8% year on year, and operating income was ¥1,217 million, up 20.5%.」
In the alcoholic beverages distribution business, increased transactions with existing customers and a recovery in food-service demand resulted in higher revenue and operating income, mitigating the deterioration in profitability caused by declining transactions with major customers in terms of results. - FY2018-Q3MitigatedAnnual report
「As a result, net sales were ¥139,510 million, up 1.2% year on year, and operating income was ¥940 million, up 391.5%.」
In the alcoholic beverages distribution business, net sales and operating income exceeded the previous year's levels, with operating income up 391.5%. The deterioration in profitability caused by declining transactions with major customers continues to be mitigated in terms of results. - FY2018-Q2MitigatedAnnual report
「As a result, net sales were ¥96,015 million, up 1.5% year on year, and operating income was ¥830 million, up 140.8%.」
In the alcoholic beverages distribution business, net sales and operating income exceeded the previous year's levels, with operating income up 140.8%. The deterioration in profitability caused by declining transactions with major customers continues to be mitigated in terms of results. - FY2018-Q1MitigatedAnnual report
「As a result, net sales were ¥48,670 million, up 1.5% year on year, and operating income was ¥340 million, up 230.0%.」
In the alcoholic beverages distribution business during the current quarter, the previously reported decline in transactions with major customers was not explicitly mentioned, and both net sales and operating income exceeded the previous year's levels. - FY2017-Q3MaterialisedAnnual report
「Net sales were ¥137,884 million, down 2.9% year on year, due to declining transactions with major customers, while operating income was ¥191 million, up 62.8%.」
In the alcoholic beverages distribution business, declining transactions with major customers continued to weigh on net sales, while operating income increased year on year. - FY2017-Q2MaterialisedAnnual report
「Due to declining transactions with major customers, net sales were ¥94,628 million, down 5.0% year on year, and operating income was ¥345 million, down 5.9%.」
In the alcoholic beverages distribution business, declining transactions with major customers continued in the current quarter and were reflected in the decreases in net sales and operating income. - FY2017-Q1MaterialisedAnnual report
「Due to declining transactions with major customers, net sales were ¥47,932 million, down 6.7% year on year, and operating income was ¥103 million, down 10.6%.」
In the alcoholic beverages distribution business, declining transactions with major customers continued in the current quarter and were reflected in the decreases in net sales and operating income. - FY2016MaterialisedAnnual report
「We worked to establish a low-cost operation by strengthening our initiatives with key business partners and our ability to sell directly, while curbing all expenses and improving operational productivity. However, due to declining transactions with major customers, net sales were ¥188,635 million, down 4.4% year on year, and operating income was ¥109 million, down 70.8%.」
The decline in transactions with major customers actually occurred in the alcoholic beverages distribution business and has been quantified as a factor behind the decreases in net sales and operating income.