Pressure on profitability from rising paper prices
First written in FY2016. 11 of 20 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2026.
Townnews-Sha moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 6 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Although raw material and other expense costs rose and personnel expenses increased, the effect of substantially higher sales absorbed these increases.」
Raw material, miscellaneous, and labor costs actually increased, while the substantial increase in revenue absorbed the higher costs, according to the company. - FY2026-H1MaterialisedAnnual report
「Despite higher costs for print-media raw materials and miscellaneous expenses and higher labor costs, the increase in revenue enabled operating profit to exceed the year-earlier level.」
Higher print-media raw material costs, miscellaneous expenses, and labor costs were actual cost-increase factors during the interim accounting period. However, higher revenue lifted operating profit to ¥215 million, up 30.3% year on year. - FY2025MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥96 million from the previous fiscal year to ¥2,007 million, up 5.1%. This was mainly due to increases in personnel expenses, including salaries and bonuses, and maintenance expenses.」
Higher personnel and maintenance expenses actually pushed selling, general and administrative expenses up by ¥96 million, or 5.1%. Together with lower revenue, this resulted in a 19.8% year-on-year decline in operating profit, showing the impact of higher costs on full-year performance. - FY2025-H1MaterialisedAnnual report
「Although the company worked to reduce cost of sales through measures including optimizing the number of inserts and to cut various costs, operating profit fell below the year-earlier level because it was unable to fully absorb increases in labor and other costs.」
Higher labor and other costs actually pressured earnings. Although the company pursued reductions in cost of sales and various costs, it was unable to fully absorb the increases, and operating profit fell 24.4% year on year. - FY2024-Q3MaterialisedAnnual report
「Although the company pursued further cost reductions in each business amid continued increases in print-media raw material costs, operating profit fell below the year-earlier level because it was unable to fully absorb higher selling, general and administrative expenses, mainly due to increased labor costs.」
Higher print-media raw material costs continued to pressure earnings. Although the company pursued cost reductions in each business, it was unable to absorb higher selling, general and administrative expenses, mainly due to increased labor costs, and operating profit fell 6.9% year on year. - FY2024-Q2MaterialisedAnnual report
「Despite higher costs for print-media raw materials and miscellaneous expenses and higher labor costs, operating profit exceeded the year-earlier level as a result of efforts to reduce cost of sales through measures including optimizing the number of inserts and to reduce selling, general and administrative expenses. Ordinary profit and quarterly net income significantly exceeded the year-earlier levels due to gains from the sale of held shares.」
Higher print-media raw material costs, miscellaneous expenses, and labor costs actually occurred as cost-increase factors. However, operating profit exceeded the year-earlier level through optimization of the number of inserts and reductions in cost of sales and selling, general and administrative expenses. - FY2024-Q1MaterialisedAnnual report
「Despite efforts to implement transactions at appropriate prices following the revision of advertising rates in March and to optimize the number of copies published in response to the gradual increases in print-media raw material costs and labor costs over the past several years, operating profit fell slightly below the year-earlier level.」
The gradual increase in print-media raw material costs and higher labor costs continued to pressure earnings. Although the company revised advertising rates, pursued transactions at appropriate prices, and optimized the number of copies published, operating profit fell 4.4% year on year. - FY2023MaterialisedAnnual report
「Despite higher costs for print-media raw materials and other expenses, operating profit, ordinary profit, and net income all significantly exceeded the previous fiscal year's levels as a result of higher revenue and efforts to reduce cost of sales and expenses, reaching record highs.」
The company stated that higher costs for print-media raw materials and other items actually occurred during the fiscal year. However, profit reached a record high due to higher revenue and reductions in cost of sales and expenses. - FY2023-Q3MaterialisedAnnual report
「Despite higher costs for print-media raw materials and other items, operating profit, ordinary profit, and quarterly net income all significantly exceeded the year-earlier levels as a result of higher revenue and efforts to reduce cost of sales and selling, general and administrative expenses.」
The company stated that higher costs for print-media raw materials and other items actually occurred during the cumulative period. However, profit exceeded the year-earlier level due to higher revenue and reductions in cost of sales and selling, general and administrative expenses. - FY2023-Q2MaterialisedAnnual report
「Despite higher costs for paper and other print-media raw materials and higher miscellaneous expenses, operating profit, ordinary profit, and quarterly net income all significantly exceeded the year-earlier levels as a result of higher revenue and efforts to reduce cost of sales through measures including optimizing the number of inserts, as well as efforts to reduce selling, general and administrative expenses.」
The company stated that higher costs for print-media raw materials and miscellaneous expenses actually occurred. However, the impact on profit was contained through higher revenue, optimization of the number of inserts, reductions in cost of sales, and reductions in selling, general and administrative expenses. - FY2022WorsenedAnnual report
「Prices of goods have risen due to the effects of the recent global surge in resource prices and the situation in Ukraine, as well as higher import prices accompanying the rapid depreciation of the yen. For a company whose core business is print media, the rise in paper prices in particular has a significant impact on performance and cannot be overlooked.」
In addition to the existing risk of higher paper prices, the company identifies the global surge in resource prices, the situation in Ukraine, and higher import prices due to the rapid depreciation of the yen as specific factors driving costs higher. - FY2021RestatedAnnual report
「Paper costs for the Town News publications issued by the company account for a relatively high proportion of procurement costs. If paper prices rise sharply for various reasons, this could affect the financial condition and operating results of a company whose principal business is publishing print media.」
The company continues to disclose the risk that higher paper prices could affect its print-media-focused business, as well as its paper selection policy that considers quality, price, environmental protection, and stable supply. - FY2020RestatedAnnual report
「Paper costs for the Town News publications issued by the company account for a relatively high proportion of procurement costs. If paper prices rise sharply for various reasons, this could affect the financial condition and operating results of a company whose principal business is publishing print media. As a countermeasure, paper for Town News is selected in Japan and overseas with quality, price, environmental protection, and stable supply in mind.」
The company continues to disclose the risk that higher paper prices could affect its print-media-focused business, while maintaining a selection policy that considers quality, price, environmental protection, and stable supply. - FY2020-Q2MaterialisedAnnual report
「Despite higher printing paper prices, operating profit, ordinary profit, and quarterly net income all exceeded the year-earlier levels as a result of efforts to reduce cost of sales through greater efficiency in the production division and to cut selling, general and administrative expenses.」
The company stated that higher printing paper prices actually occurred. However, it limited the impact on profit through greater efficiency in the production division and expense reductions. - FY2019RestatedAnnual report
「Paper costs for the Town News publications issued by the company account for a relatively high proportion of procurement costs. Paper for Town News is selected in Japan and overseas with quality, price, environmental protection, and stable supply in mind. However, if paper prices rise sharply for various reasons, this could affect the financial condition and operating results of a company whose principal business is publishing print media.」
The company continues to disclose the risk that higher paper costs could affect the financial condition and operating results of its print-media-focused business, while maintaining a selection policy that considers quality, price, environmental protection, and stable supply. - FY2018RestatedAnnual report
「Paper costs for the Town News publications issued by the company account for a relatively high proportion of procurement costs. Paper for Town News is selected in Japan and overseas with quality, price, environmental protection, and stable supply in mind. However, if paper prices rise sharply for various reasons, this could affect the financial condition and operating results of a company whose principal business is publishing print media.」
The company continues to disclose the risk that higher paper costs could affect the financial condition and operating results of its print-media-focused business, while maintaining a selection policy that considers quality, price, environmental protection, and stable supply. - FY2017RestatedAnnual report
「However, if paper prices rise sharply for various reasons, this could affect the financial condition and operating results of a company whose principal business is publishing print media.」
The company continues to disclose the risk that higher paper prices could affect the financial condition and operating results of its print-media-focused business. - FY2016First statedAnnual report
「This was due to increases in material costs and expenses accompanying the increase in the number of pages published and higher paper prices.」
As paper costs account for a relatively high proportion of procurement costs, the company recognized higher paper prices during the period as a factor increasing expenses.