Profit Pressure from Higher Manufacturing Costs in the Food Business
First written in FY2018-Q1. 11 of 20 entries say "Mitigated", first in FY2020-Q2. Latest entry: FY2026.
Nitten 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: 122 of 167 companies on the "Worse" side.
55 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「East's sales exceeded those of the previous fiscal year due to higher selling prices, but profit declined because of higher fuel prices and other factors.」
While higher selling prices led to higher sales, the Food business reported lower profit due to higher fuel prices and other factors, with pressure on profit from manufacturing costs becoming evident again. - FY2025MitigatedAnnual report
「Food business sales were ¥2,700 million, up 3.3% from the previous fiscal year, and operating profit was ¥221 million, up 17.9%.」
The Food business achieved higher sales and profit through sales at appropriate prices and other measures, while the previous pressure on profit from manufacturing costs and other factors eased during the fiscal year. - FY2024MitigatedAnnual report
「Food business revenue was ¥2,615 million, up 3.4% from the previous fiscal year, while fixed-cost reductions and other measures resulted in operating profit of ¥188 million, up 280.5% from the previous fiscal year.」
The Food business secured operating profit of ¥188 million through fixed-cost reductions and other measures, moving out of the previous year's phase of profit pressure and losses, while the impact of manufacturing costs and other factors eased during the fiscal year. - FY2024-Q3MitigatedAnnual report
「Food business revenue increased 3.4% year on year to ¥1,979 million, driven by higher sales of yeast and other products, while operating profit increased 338.2% to ¥138 million through efforts to sell at appropriate prices and reduce costs.」
The Food business achieved higher sales and profit through sales at appropriate prices and cost reductions, while the previous pressure on profit from manufacturing costs and other factors eased during the cumulative period of the quarter. - FY2024-Q1MitigatedAnnual report
「Food business sales rose 8.0% year on year to ¥664 million due mainly to higher sales of yeast and oligosaccharides, and operating profit was ¥1 million, compared with an operating loss of ¥3 million in the year-earlier period.」
In addition to higher sales, the Food business changed from an operating loss of ¥3 million in the same period of the previous year to an operating profit of ¥1 million, easing the impact of pressure on profit from manufacturing costs and other factors during the quarter. - FY2023MitigatedAnnual report
「Food segment sales were ¥2,528 million, up 7.6% from the previous fiscal year, and the segment posted a profit of ¥49 million, compared with a segment loss of ¥21 million in the previous fiscal year.」
The Food business changed from a loss of ¥21 million in the previous fiscal year to a profit of ¥49 million, as pressure on profit from higher manufacturing costs eased during the fiscal year. - FY2023-Q2MitigatedAnnual report
「Food segment revenue increased 11.9% year on year to ¥1,252 million, while efforts to reduce selling expenses and other measures resulted in segment profit of ¥15 million, compared with a segment loss of ¥3 million in the same period of the previous year.」
The Food segment changed from a loss to a profit through reductions in selling expenses and other measures, while the impact of pressure on profit from manufacturing costs and other factors eased during the quarter. - FY2023-Q1WorsenedAnnual report
「Food segment sales rose 8.9% year on year to ¥615 million due mainly to higher sales of food ingredients such as oligosaccharides. However, earnings deteriorated due to higher manufacturing costs, resulting in a segment loss of ¥3 million, compared with segment profit of ¥6 million in the year-earlier period.」
Higher manufacturing costs caused the Food segment to change from a profit of ¥6 million in the same period of the previous year to a loss of ¥3 million, with renewed pressure on profit becoming evident. - FY2022WorsenedAnnual report
「Food segment sales were ¥2,350 million, up 5.6% from the previous fiscal year, but the segment posted a loss of ¥21 million, compared with a segment profit of ¥23 million in the previous fiscal year, due to higher manufacturing costs resulting from increases in fuel costs and other expenses.」
Higher manufacturing costs resulting from increases in fuel costs and other expenses weighed on Food segment profit, which changed from a profit in the previous fiscal year to a loss of ¥21 million. - FY2021-Q3MitigatedAnnual report
「Food segment sales fell 4.4% year on year to ¥1,663 million due mainly to lower sales of food ingredients such as oligosaccharides. However, cost-cutting measures and other factors resulted in segment profit of ¥23 million, compared with a loss of ¥40 million in the year-earlier period.」
Despite lower sales of food ingredients, the Food segment improved from a loss in the same period of the previous year to a profit of ¥23 million through cost reductions and other measures, easing the pressure on profits from manufacturing costs and expenses. - FY2021-Q2MitigatedAnnual report
「Food segment revenue decreased 2.7% year on year to ¥1,101 million, but expense reductions and other measures resulted in segment profit of ¥9 million, compared with a segment loss of ¥22 million in the same period of the previous year.」
Although Food segment revenue declined, profit improved from a loss of ¥22 million in the same period of the previous year to profit of ¥9 million due to expense reductions and other factors, easing profit pressure from manufacturing costs and expenses. - FY2021-Q1MitigatedAnnual report
「Food segment revenue decreased 6.9% year on year to ¥557 million, as higher sales of household dry yeast were more than offset by lower sales of food ingredients such as oligosaccharides. However, cost reductions and other measures resulted in segment profit of ¥12 million, compared with segment profit of ¥0 million in the same period of the previous year.」
Although sales of food ingredients declined, Food segment profit improved from ¥0 million in the same period of the previous year to ¥12 million due to expense reductions and other factors, easing profit pressure from manufacturing costs and expenses. - FY2020-Q3MitigatedAnnual report
「Food segment sales fell 10.8% year on year to ¥1,741 million, due mainly to lower sales of food ingredients such as oligosaccharides. Although earnings from yeast improved, the impact of lower sales of oligosaccharides and other food ingredients was substantial, resulting in a segment loss of ¥40 million, compared with a loss of ¥7 million in the year-earlier period.」
It states that earnings from yeast improved, indicating that some of the profit pressure from higher manufacturing costs has eased. Meanwhile, the Food segment as a whole recorded a wider loss. - FY2020-Q2MitigatedAnnual report
「Yeast revenue was roughly in line with the same period of the previous year, but earnings improved slightly due to lower manufacturing costs and other factors.」
Regarding the pressure on profit from higher manufacturing costs for yeast and other products, it states that earnings improved slightly due to lower manufacturing costs. Meanwhile, the Food segment as a whole recorded a loss of ¥22 million due to lower sales of functional foods. - FY2019-Q3WorsenedAnnual report
「Food segment sales fell 5.2% year on year to ¥1,951 million, due mainly to lower sales of functional foods such as oligosaccharides. Including higher manufacturing costs related to capital investment, the segment posted a loss of ¥7 million, compared with segment profit of ¥135 million in the year-earlier period.」
As manufacturing costs resulting from capital investment and other factors continued to increase, the Food segment moved from profit of ¥135 million in the same period of the previous year to a loss of ¥7 million. - FY2019-Q2WorsenedAnnual report
「Yeast revenue fell below the same period of the previous year due to lower sales volume, and profit declined due to higher fuel costs and manufacturing costs resulting from capital investment and other factors. Sales volume of functional foods such as oligosaccharides also declined, and revenue fell below the same period of the previous year. Food segment revenue fell 2.8% year on year to ¥1,303 million, resulting in a segment loss of ¥8 million, compared with segment profit of ¥100 million in the same period of the previous year.」
In addition to higher manufacturing costs resulting from rising fuel costs and capital investment, sales volume also declined, causing the Food segment to move from profit of ¥100 million in the same period of the previous year to a loss of ¥8 million. - FY2019-Q1WorsenedAnnual report
「Food segment sales fell 6.4% year on year to ¥664 million, due mainly to lower sales volumes of functional foods such as oligosaccharides. Segment profit fell 90.9% to ¥5 million, due mainly to higher manufacturing costs for products such as yeast.」
Profit pressure on the Food segment from higher manufacturing costs for yeast and other products continued, reducing profit to a 90.9% year-on-year decline. - FY2018-Q3WorsenedAnnual report
「Food segment revenue was ¥2,058 million, roughly in line with the same period of the previous year, but segment profit fell 44.3% year on year to ¥135 million due mainly to higher fuel costs.」
Food segment profit fell 44.3% year on year due mainly to higher fuel costs. Profit pressure from higher manufacturing costs continued from the previous quarter, and the decline in profit widened. - FY2018-Q2MaterialisedAnnual report
「Food segment revenue increased 2.1% year on year to ¥1,340 million, but segment profit fell 33.3% year on year to ¥100 million due mainly to higher manufacturing costs for yeast and other products.」
It states that Food segment profit fell 33.3% year on year due mainly to higher manufacturing costs for yeast and other products, indicating that profit pressure also occurred during the quarter. - FY2018-Q1MaterialisedAnnual report
「Revenue in the Food segment was ¥709 million, roughly in line with the same period of the previous year, but segment profit fell 32.7% year on year to ¥65 million due mainly to higher manufacturing costs for yeast and other products.」
It states that Food segment profit fell 32.7% year on year due mainly to higher manufacturing costs for yeast and other products, indicating that profit pressure actually occurred during the quarter.