Komori
Taiyo Bussan (9941) · RiskMitigated

Stagnant demand and loss-making sales caused by persistently high beef prices

First written in FY2016-Q3. 17 of 39 entries say "Mitigated", first in FY2017-Q1. Latest entry: 2026-09-18.

39entries
11years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2023 – FY20242016: 120162017: 420172018: 420182019: 420192020: 420202021: 320212022: 320222023: 420232024: 320242025: 220252026: 72026
Same theme, other companies

Taiyo Bussan moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.

The whole theme swung hardest in 2022: 95 of 131 companies on the "Worse" side.

22 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 168 companies compared. The sentences above are computed from all 168.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「Beef market conditions remained difficult due to soaring raw-material prices, but successful contracts for highly profitable new items increased both net sales and volumes handled.」

    Although difficult beef market conditions caused by higher raw-material prices continued, successful contracts for highly profitable new items increased net sales and volumes handled.
  2. FY2025RestatedAnnual report

    「Beef sales, which are primarily to the food-service industry, remained difficult as local producing-region prices rose, supply volumes declined and yen depreciation persisted. Compared with the previous fiscal year, both net sales and volumes handled declined.」

    Higher producing-region prices, lower supply volumes and prolonged yen depreciation continued to reduce beef net sales and volumes handled for the full year.
  3. FY2025-H1WorsenedAnnual report

    「Beef market conditions remained difficult due to soaring raw-material prices. Although contracts for highly profitable new items were secured, both net sales and volumes handled declined.」

    Difficult beef market conditions caused by higher raw-material prices continued. Despite contracts for highly profitable new items, net sales and volumes handled declined.
  4. FY2024RestatedAnnual report

    「Beef sales, which are primarily to the food-service industry, remained difficult due to soaring prices in producing regions and yen depreciation. Although net sales and volumes handled declined, contracts for highly profitable new items were secured.」

    Declining volumes and net sales caused by high producing-region prices and yen depreciation coexisted with profitability improvements from contracts for highly profitable new items.
  5. FY2024-Q2RestatedAnnual report

    「Beef sales, which are primarily to the food-service industry, remained in difficult market conditions, with both net sales and volumes handled declining. However, profits increased due in part to successful contracts for highly profitable new items.」

    The decline in food-service beef net sales and volumes handled and difficult market conditions continued, while contracts for highly profitable new items continued to increase profits.
  6. FY2024-Q1新規アイテムによる利益増加と販売数量減少の併存Annual report

    「Beef sales, which are primarily to the food-service industry, remained difficult, with both net sales and volumes handled declining. However, profits increased due in part to successful contracts for new, highly profitable items.」

    Declines in food-service beef net sales and volumes handled continued, while successful contracts for highly profitable new items increased profits. Weak demand and volumes coexisted with improved profitability.
  7. FY2023RestatedAnnual report

    「Beef remained in a difficult environment due to soaring prices in producing regions and the weaker yen, resulting in declines in both volumes handled and net sales.」

    Soaring prices in producing regions and yen depreciation caused full-year declines in beef volumes handled and net sales.
  8. FY2023-Q3WorsenedAnnual report

    「Although food-service demand for beef was trending upward year on year, conditions remained difficult due to soaring prices in producing regions, and both volumes handled and net sales declined.」

    Food-service demand was trending upward, but soaring prices in producing regions continued to weigh on beef volumes handled and net sales.
  9. FY2023-Q2MitigatedAnnual report

    「Beef sales are primarily to the food-service industry, and conditions remain difficult. However, successful contracts for new items resulted in increases in both net sales and volumes handled.」

    Beef sales to the food-service industry remained difficult, but successful contracts for new items increased both net sales and volumes handled.
  10. FY2023-Q1MitigatedAnnual report

    「Beef sales, which are primarily to the food-service industry, remained difficult, but successful contracts for new items increased both net sales and volumes handled.」

    Sales to the food-service industry remained difficult, but successful contracts for new items increased beef net sales and volumes handled.
  11. FY2022-Q2MitigatedAnnual report

    「Beef remained in a difficult business environment due to soaring prices in producing regions and the impact of the food-service industry, although the lifting of requests to shorten operating hours was bringing back customers. Even so, successful contracts for new products increased both volumes handled and net sales.」

    High prices in producing regions and the impact on the food-service industry continued, but contracts for new products increased beef volumes handled and net sales.
  12. FY2022-Q1WorsenedAnnual report

    「However, sales of beef and Thai processed foods, for which the food-service industry is the main customer, declined due to soaring prices in producing regions and the suspension of operations at production plants affected by COVID-19, resulting in overall declines in net sales and volumes handled.」

    For beef, soaring prices in producing regions and COVID-19-related production-plant shutdowns continued to reduce sales to the food-service industry.
  13. FY2021WorsenedAnnual report

    「Beef and processed foods remained in a difficult environment as COVID-19 disrupted production and transportation and drove up prices in producing regions, while domestic consumption declined as opportunities to eat out fell because priority was given to preventing infections.」

    Soaring overseas prices and disruptions to production and transportation, together with weak domestic consumption due to fewer opportunities to eat out, continued to make conditions difficult for beef and Thai processed foods.
  14. FY2021-Q3MitigatedAnnual report

    「Beef remained in a difficult environment due to soaring prices in overseas producing regions and the impact of COVID-19 on the food-service industry, but we were able to increase both volumes handled and net sales.」

    Although high overseas producing-region prices and the impact of COVID-19 on the food-service industry remained, beef volumes handled and net sales increased, partly easing the deterioration caused by weak demand.
  15. FY2021-Q2MitigatedAnnual report

    「Beef remained in a difficult business environment due to soaring prices in producing regions and the impact on the food-service industry of requests to shorten operating hours. Nevertheless, by expanding our product lineup, we increased both volumes handled and net sales.」

    Soaring prices in producing regions and difficult conditions in the food-service industry continued, but expanding the product lineup increased both beef volumes handled and net sales.
  16. FY2021-Q1WorsenedAnnual report

    「Sales of beef and Thai processed products declined because the food-service industry performed poorly due to the impact of COVID-19.」

    The poor performance of the food-service industry due to COVID-19 continued to reduce beef sales. The factors behind the existing risks of high beef prices and weak food-service demand remained in place.
  17. FY2020WorsenedAnnual report

    「Import prices for beef and processed foods remained high and consumers were avoiding these products. Sales of processed ingredients to retailers grew steadily, but sales to the food-service industry remained difficult as opportunities to eat out continued to be restricted to prevent the spread of COVID-19.」

    High import prices and reduced opportunities to eat out continued to weigh on food-service beef sales. Sales of processed ingredients to retailers increased.
  18. FY2020-Q3WorsenedAnnual report

    「Import prices for beef and processed foods remained high and consumers were avoiding these products. Requests to refrain from going out to prevent the spread of COVID-19 further reduced opportunities to eat out, resulting in declines in volumes handled and net sales to the food-service industry.」

    High import prices and weak consumer demand, compounded by reduced opportunities to eat out due to requests to refrain from going out, caused declines in beef volumes handled and net sales to the food-service industry.
  19. FY2020-Q2WorsenedAnnual report

    「Import prices remained high, while consumption continued to stagnate following the consumption-tax increase. The impact of COVID-19 then dealt a further severe blow to the food-service industry, causing an additional decline in consumption, and both volumes handled and net sales decreased.」

    High import prices and weak consumption following the consumption-tax increase were compounded by the severe impact of COVID-19 on the food-service industry, causing declines in both beef volumes handled and net sales.
  20. FY2020-Q1RestatedAnnual report

    「The Company continued to be unable to pass soaring procurement prices in overseas producing regions on to selling prices, and gross profit declined as margins remained unrecovered.」

    The inability to pass higher overseas procurement prices through to selling prices continued, preventing margin recovery.
  21. FY2019WorsenedAnnual report

    「Volumes handled and net sales to the food-service industry progressed smoothly, but overseas procurement prices continued to rise and could not be passed on to selling prices, preventing margin improvement.」

    Volumes handled and net sales to the food-service industry were solid, but the Company could not pass higher procurement prices through to selling prices and therefore could not improve its margin.
  22. FY2019-Q3WorsenedAnnual report

    「Although sales to the food-service industry progressed smoothly, procurement cost increases could not be passed on to selling prices, resulting in a lower margin.」

    Sales to the food-service industry were strong, but procurement cost increases could not be passed on to selling prices, reducing the margin. The filing highlights procurement cost inflation rather than demand stagnation as the main issue.
  23. FY2019-Q2WorsenedAnnual report

    「Although sales to the food-service industry progressed smoothly, beef profitability declined because procurement prices remained high. Sales of processed meat products were also sluggish, resulting in declines in both volumes handled and net sales.」

    Beef sales to the food-service industry were strong, but continued high procurement prices reduced profitability. Declines in processed meat product volumes handled and net sales also continued.
  24. FY2019-Q1WorsenedAnnual report

    「Sales of beef to the food-service industry were sluggish because import prices remained high. Sales of processed meat products were also sluggish, resulting in lower net sales.」

    Persistently high import prices caused sales of beef to the food-service industry to stagnate, while sluggish sales of processed meat products continued to reduce net sales.
  25. FY2018WorsenedAnnual report

    「Prices remained high in producing countries, narrowing the price gap between domestic and imported products. As a result, the food-service industry became more cautious about selling products made with imported beef toward the end of the fiscal year. Sales of processed meat products were also sluggish, resulting in declines in both volumes handled and net sales.」

    Persistently high beef prices made food-service companies more cautious about procurement, while sluggish sales of processed meat products compounded the issue, resulting in full-year declines in volumes handled and net sales.
  26. FY2018-Q3MitigatedAnnual report

    「Against this backdrop, sales of beef, one of the Company's principal products, to the food-service industry progressed smoothly. However, sales of processed meat products were sluggish, resulting in declines in both volumes handled and net sales.」

    Beef sales to the food-service industry remained smooth, continuing to ease the previous demand stagnation. Sluggish sales of processed meat products persisted separately.
  27. FY2018-Q2MitigatedAnnual report

    「Sales of beef to the food-service industry progressed smoothly, resulting in increases in both volumes handled and net sales. However, sales of processed meat products used as ingredients for ham and sausages were sluggish among manufacturers, resulting in declines in both volumes handled and net sales.」

    Beef volumes handled and net sales increased as sales to the food-service industry progressed smoothly, continuing to ease the previous demand-stagnation risk. Sluggish sales of processed meat products remained a separate risk.
  28. FY2018-Q1MitigatedAnnual report

    「We actively marketed beef to the food-service industry ahead of the year-end selling season, resulting in increases in both volumes handled and net sales.」

    Active sales to the food-service industry ahead of the year-end selling season increased volumes handled and net sales, continuing to partly ease the demand-stagnation risk.
  29. FY2017MitigatedAnnual report

    「Although food-service demand picked up during the year-end selling season and Golden Week, consumption gradually weakened toward summer. For the full year, volumes handled and net sales increased slightly.」

    The risk of weakening consumption toward summer remained, but volumes handled and net sales increased slightly for the full year, including the demand increase during the year-end selling season and Golden Week.
  30. FY2017-Q3RestatedAnnual report

    「Although food-service demand picked up during the year-end selling season and Golden Week, consumption was generally sluggish, and both volumes handled and net sales remained weak.」

    Although food-service demand strengthened during the year-end selling season and Golden Week, consumption was generally sluggish against a backdrop of high beef prices, and volumes handled and net sales remained weak.
  31. FY2017-Q2RestatedAnnual report

    「Although food-service demand picked up during the year-end selling season, consumption was generally sluggish, and both volumes handled and net sales remained weak.」

    Food-service demand strengthened during the year-end selling season, but high beef prices continued to restrain consumption, and volumes handled and net sales remained weak for the cumulative period as a whole.
  32. FY2017-Q1MitigatedAnnual report

    「Although sales to the food-service industry turned strong at the end of the fiscal year, volumes handled and net sales declined over the period as a whole because food-service demand was weak.」

    Weak food-service demand and declines in volumes handled and net sales continued during the period, although sales to the food-service industry turned strong at year-end, partly easing the demand stagnation.
  33. FY2016-Q3MaterialisedAnnual report

    「Persistently high beef prices began to affect consumer demand, which stagnated toward the end of the cumulative third-quarter period. As a result, both volumes handled and net sales declined.」

    The filing describes persistently high beef prices, stagnant demand and declines in volumes handled and net sales. Temporary loss-making sales also occurred for certain cuts.
Moved together

"Expanding processed foods for the food-service industry and product-development proposals" moved the same way as this thread, in the same document, in 21 of its 39 moves.

211817161413★123456
  1. ★This thread
  2. 1Expanding processed foods for the food-service industry and product-development proposals21×
  3. 2Going-concern risk due to operating losses and negative net assets18×
  4. 3Improving net assets and strengthening the financial foundation17×
  5. 4Higher chicken imports and yen appreciation depressing market prices and margins16×
  6. 5Improving margins and building a business structure that generates stable profits14×
  7. 6Treating operating and ordinary losses as nonrecurring and preventing recurrence13×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Taiyo Bussan's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Financial results presentation of 2026-09-18: "Mitigated".
News
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