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Chiikishinbunsha (2164) · FactSecond-quarter cumulative distribution outsourcing costs updated and decreased

Higher distribution fees and shipping and freight costs due to increased circulation, and worsening losses

First written in FY2017-Q1. . Latest entry: FY2024-Q2.

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ProgressHeldSoftenedWorseOtherFY2017-Q1 – FY2024-Q22017: 320172018: 220182019: 220192020: 220202021: 220212022: 120222023: 220232024: 1
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  1. FY2024-Q2Second-quarter cumulative distribution outsourcing costs updated and decreasedAnnual report

    「Distribution outsourcing costs ¥432.653 million ¥385.456 million」

    Cumulative second-quarter distribution outsourcing costs decreased from ¥432.653 million in the same period of the previous year to ¥385.456 million.
  2. FY2023Full-year distribution outsourcing costs updated and decreasedAnnual report

    「Distribution outsourcing costs ¥847.426 million ¥838.242 million」

    Full-year distribution outsourcing costs decreased from ¥847.426 million in the previous fiscal year to ¥838.242 million.
  3. FY2023-Q2Second-quarter distribution outsourcing costs updated and increasedAnnual report

    「Distribution outsourcing costs ¥421.900 million ¥432.653 million」

    Cumulative second-quarter distribution outsourcing costs increased from ¥421.900 million in the same period of the previous year to ¥432.653 million.
  4. FY2022Full-year distribution outsourcing costs updated and increasedAnnual report

    「Distribution outsourcing costs ¥821.669 million ¥847.426 million」

    Distribution outsourcing costs increased from ¥821.669 million in the previous fiscal year to ¥847.426 million.
  5. FY2021Updated to full-year actual costsAnnual report

    「Distribution outsourcing costs ¥821.669 million」

    Full-year distribution outsourcing costs increased from ¥793.272 million in the previous fiscal year to ¥821.669 million.
  6. FY2021-Q2Cumulative second-quarter actual results updated; distribution outsourcing costs decreasedAnnual report

    「Distribution outsourcing costs ¥565.435 million ¥483.155 million」

    Distribution outsourcing costs decreased from ¥565.435 million in the same period of the previous year to ¥483.155 million.
  7. FY2020Full-year actual results updated; distribution outsourcing costs decreasedAnnual report

    「Distribution outsourcing costs ¥1,181.392 million ¥997.335 million」

    Full-year distribution outsourcing costs decreased from ¥1,181.392 million in the previous fiscal year to ¥997.335 million.
  8. FY2020-Q2Cumulative second-quarter actual results updated; distribution outsourcing costs decreasedAnnual report

    「Distribution outsourcing costs ¥580.881 million ¥565.435 million」

    Distribution outsourcing costs decreased from ¥580.881 million in the same period of the previous year to ¥565.435 million. The cost actuals have been updated from the previous situation, in which higher distribution expenses accompanying the increase in circulation were a loss factor.
  9. FY2019Full-year actual results updated; distribution outsourcing costs decreasedAnnual report

    「Distribution outsourcing costs ¥1,216.685 million ¥1,181.392 million」

    Distribution outsourcing costs decreased from ¥1,216.685 million in the previous fiscal year to ¥1,181.392 million.
  10. FY2019-Q2Cumulative second-quarter actual results updated; distribution outsourcing costs decreasedAnnual report

    「Distribution outsourcing costs ¥597.762 million ¥580.881 million」

    Distribution outsourcing costs decreased from ¥597.762 million in the same period of the previous year to ¥580.881 million. Unlike the previous year, when higher distribution costs accompanying the increase in circulation were cited as a loss factor, the current quarter has been updated to reflect lower sales and improved earnings.
  11. FY2018Full-year actual results updated; distribution costs increasedAnnual report

    「Selling, general and administrative expenses decreased by ¥16.629 million from ¥2,920.204 million in the previous consolidated fiscal year to ¥2,903.575 million. This was mainly because distribution outsourcing costs increased as sales in the inserted-leaflet distribution business rose, while salaries and allowances decreased, as did rent expenses following the consolidation of branch offices.」

    Distribution outsourcing costs increased from ¥1,164.170 million in the previous fiscal year to ¥1,216.685 million, but selling, general and administrative expenses decreased for the full year due to lower salaries and allowances and lower rent expenses following the consolidation of branch offices.
  12. FY2018-Q2Cumulative actual results updated; cost factor continuesAnnual report

    「Ordinary loss was ¥2.636 million (ordinary loss of ¥93.702 million in the same period of the previous year), mainly due to the increase in distribution outsourcing costs accompanying the increase in the number of leaflets inserted.」

    The increase in distribution outsourcing costs accompanying the increase in the number of inserted leaflets continues to be cited as a factor affecting earnings. Distribution outsourcing costs increased from ¥578.344 million in the same period of the previous year to ¥597.762 million, while ordinary loss narrowed substantially.
  13. FY2017Updated with full-year resultsAnnual report

    「Selling, general and administrative expenses increased by ¥106.955 million from ¥2,813.249 million in the previous consolidated fiscal year to ¥2,920.204 million. This was mainly due to an increase in distribution outsourcing costs resulting from the increase in circulation of newspapers and other publications.」

    For the full year, distribution outsourcing costs increased due to the higher circulation of newspapers and other publications, bringing selling, general and administrative expenses to ¥2,920.204 million. As ordinary loss narrowed from the previous year, this was updated as full-year actual costs rather than worsening losses.
  14. FY2017-Q2Updated to cumulative actual resultsAnnual report

    「As a result of increases in distribution and delivery expenses accompanying the increase in circulation, ordinary loss was ¥93.702 million (ordinary loss of ¥75.024 million in the same period of the previous year), and quarterly net loss attributable to owners of the parent was ¥93.024 million (quarterly net loss attributable to owners of the parent of ¥136.185 million in the same period of the previous year).」

    The increase in distribution and delivery expenses accompanying the increase in circulation is cited as a loss factor for the cumulative second quarter, and ordinary loss widened from the same period of the previous year.
  15. FY2017-Q1First statedAnnual report

    「As a result of increases in distribution and delivery expenses accompanying the increase in circulation, ordinary loss was ¥46.740 million (ordinary loss of ¥37.215 million in the same period of the previous year), and quarterly net loss attributable to owners of the parent was ¥48.782 million (quarterly net loss attributable to owners of the parent of ¥48.300 million in the same period of the previous year).」

    The increase in distribution and delivery expenses accompanying the increase in circulation is cited as a factor behind the ordinary loss and quarterly net loss attributable to owners of the parent, both of which widened from the same period of the previous year.
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Higher distribution fees and shipping and freight costs due to increased circulation, and worsening losses | CHIIKISHINBUNSHA CO.,LTD. (2164) | Komori