Earnings Pressure From Higher Procurement Costs and Organizational Strengthening Costs
First written in FY2017-Q3. 6 of 6 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2019.
Dai-Ichi Cutter Kogyo K.K. moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 64 of 103 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「In addition to the decline in sales, higher personnel expenses and other costs to strengthen the organizational structure resulted in segment profit of ¥1 million, down 97.8% year on year.」
Higher personnel expenses and other costs to strengthen the organizational structure were actually incurred, significantly weighing on profit in the reuse and recycling business. - FY2019-Q3MaterialisedAnnual report
「In the reuse and recycling business, we continued working to develop new customers for sales of used smartphones and other products, but product sales were ¥1,354 million, down 12.7% year on year. Segment loss was ¥12 million, compared with segment profit of ¥80 million in the previous corresponding period, due to higher personnel and other expenses to strengthen the organization.」
Higher personnel expenses and other costs to strengthen the organizational structure were actually incurred, resulting in segment loss. - FY2019-Q2MaterialisedAnnual report
「In the reuse and recycling business, we continued working to develop new customers for sales of used smartphones and other products, but product sales were ¥971 million, down 3.1% year on year. Segment loss was ¥11 million, compared with segment profit of ¥54 million in the previous corresponding period, due to higher personnel and other expenses to strengthen the organization.」
Higher personnel expenses and other costs to strengthen the organizational structure were actually incurred, resulting in segment loss. - FY2019-Q1MaterialisedAnnual report
「In the reuse and recycling business, we continued working to develop new customers for sales of used smartphones and other products. As a result, product sales were ¥609 million, up 22.0% year on year. However, segment profit declined 75.1% year on year to ¥4 million due to changes in the sales mix and higher personnel expenses to strengthen the organization.」
Higher personnel expenses to strengthen the organizational structure were actually incurred and, together with changes in the sales mix, contributed to the decline in segment profit. - FY2017MaterialisedAnnual report
「Although sales increased, segment profit was ¥20 million, down 39.3% year on year, due to higher purchase costs, costs incurred to strengthen the organizational structure in line with sales growth, and other factors.」
Higher purchase costs and costs to strengthen the organizational structure in line with sales growth were incurred for the full year, resulting in a 39.3% year-on-year decline in segment profit. - FY2017-Q3MaterialisedAnnual report
「Although sales increased, segment loss was ¥2 million, compared with segment profit of ¥42 million in the same period of the previous year, due to higher purchase costs, costs incurred to strengthen the organizational structure in line with sales growth, and other factors.」
Higher purchase costs and costs to strengthen the organizational structure in line with sales growth were actually incurred, resulting in segment loss.