Margin deterioration from higher raw-material and logistics costs
First written in FY2016. 16 of 28 entries say "Restated". Latest entry: 2026-08-12.
Premium Water Holdings moved to the "Worse" side of this theme in 2016, 5 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 64 of 103 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The outlook remains uncertain due to the prolonged instability in international affairs, future US policies, volatility risks in the financial and capital markets, and the continued surge in resource and raw-material prices.」
The disclosure continues to identify continued surges in resource and raw-material prices and volatility risks in the financial markets as factors creating uncertainty regarding profitability and the business environment. - FY2025WorsenedAnnual report
「The outlook for the environment surrounding the Group's business remains uncertain due to the chronic persistence of surging resource and raw-material prices and the impact of US tariff policies, among other factors.」
The wording regarding resource and raw-material prices has changed from simple increases to the chronic persistence of surging prices, while US tariff policies have been added as a new cost and business-environment factor. - FY2025-H1WorsenedAnnual report
「At the same time, the outlook remains uncertain due to heightened geopolitical tensions, volatility risks in the financial and capital markets, and the chronic persistence of surging resource and raw-material prices.」
Regarding surging resource and raw-material prices, the wording has intensified from simple increases to the chronic persistence of surging prices, describing the continuing nature of cost-inflation factors. - FY2024RestatedAnnual report
「The outlook for the environment surrounding the Group's business remains uncertain due to the yen's rapid depreciation and inflationary pressure from surging raw-material prices.」
The disclosure continues to identify yen depreciation and inflationary pressure from surging raw-material prices as external risks affecting costs and profitability. - FY2024-Q2RestatedAnnual report
「At the same time, the outlook has become uncertain due to heightened geopolitical tensions, volatility risks in the financial and capital markets, and inflationary pressure from surging resource and raw-material prices.」
The disclosure continues to identify global conditions, volatility in the financial and capital markets, and inflationary pressure from surging resource and raw-material prices as factors creating uncertainty about the outlook. - FY2024-Q1RestatedAnnual report
「At the same time, the outlook has become uncertain due to heightened geopolitical tensions, volatility risks in the financial and capital markets, and inflationary pressure from surging resource and raw-material prices.」
In addition to inflationary pressure from surging resource and raw-material prices, the disclosure continues to identify global conditions and volatility risks in the financial and capital markets as factors creating uncertainty about the outlook. - FY2023-Q3RestatedAnnual report
「At the same time, the outlook has become uncertain due to the protracted Russia-Ukraine situation, the yen's rapid depreciation, and inflationary pressure from surging resource and raw-material prices.」
The disclosure continues to describe the Russia-Ukraine situation, yen depreciation, and surging resource and raw-material prices as factors driving costs higher and creating uncertainty about the outlook. - FY2023-Q2RestatedAnnual report
「At the same time, the outlook has become uncertain due to the protracted Russia-Ukraine situation, the yen's rapid depreciation, and inflationary pressure from surging resource and raw-material prices.」
The disclosure continues to describe the Russia-Ukraine situation, yen depreciation, and surging resource and raw-material prices as factors driving costs higher and creating uncertainty about the outlook. - FY2023-Q1WorsenedAnnual report
「At the same time, the outlook has become uncertain due to concerns about another wave of infections caused by new variants, the protracted Russia-Ukraine situation, the yen's rapid depreciation, and inflationary pressure from surging resource and raw-material prices.」
In addition to the previous increases in raw-material prices and logistics costs, the disclosure explicitly identifies inflationary pressure from surging resource and raw-material prices, indicating that the factors driving cost increases are continuing and expanding. - FY2022WorsenedAnnual report
「The outlook remains uncertain due to higher prices for energy resources and materials, among other factors.」
In addition to the previous increases in raw-material and logistics costs, the disclosure explicitly identifies higher energy and materials prices, broadening the range of cost-inflation factors. It also describes cost-reduction measures through higher plant operating rates and the development of logistics networks. - FY2022-Q3MitigatedAnnual report
「Operating profit was ¥4,899 million, up 43.3% year on year, due to lower manufacturing costs resulting from higher utilization rates at each plant as the number of customers served increased, as well as controls on logistics costs and other measures.」
The disclosure states that lower manufacturing costs due to higher plant operating rates and controlled logistics costs contributed to higher operating profit, partially mitigating the impact of cost-inflation risks. - FY2022-Q2MitigatedAnnual report
「Operating profit was ¥2,932 million, up 37.8% year on year, due to lower manufacturing costs resulting from higher utilization rates at each plant as the number of customers served increased, as well as controls on logistics costs.」
The disclosure states that lower manufacturing costs due to higher plant operating rates and controlled logistics costs contributed to higher operating profit, partially mitigating the impact of cost-inflation risks. - FY2022-Q1RestatedAnnual report
「Lower manufacturing costs resulting from higher operating rates at each plant as the number of customers under contract increased, as well as measures to control logistics costs」
The disclosure continues to explain that lower manufacturing costs due to higher plant operating rates and controlled logistics costs are factors driving profit improvement. - FY2021-Q3MitigatedAnnual report
「Operating profit was ¥3,418 million, up 133.5% year on year, due to lower manufacturing costs resulting from lower purchase prices for raw materials and higher operating rates at each plant as the number of customers under contract increased, as well as measures to control logistics costs.」
The disclosure identifies lower raw-material purchase prices, lower manufacturing costs due to higher plant operating rates, and controlled logistics costs as factors driving profit improvement, partially mitigating the impact of cost-inflation risks. - FY2020-Q2RestatedAnnual report
「However, the operating environment surrounding the Group is becoming increasingly challenging due to higher labor and logistics costs resulting from labor shortages.」
The disclosure continues to describe higher labor and logistics costs resulting from labor shortages and the challenging operating environment. - FY2020-Q1RestatedAnnual report
「However, the operating environment surrounding the Group is becoming increasingly challenging due to higher labor and logistics costs resulting from labor shortages.」
The disclosure continues to describe higher labor and logistics costs resulting from labor shortages and the challenging operating environment. - FY2019-Q3RestatedAnnual report
「At the same time, the outlook remains uncertain due to higher raw-material costs resulting from rising crude oil prices and increasing uncertainty in the global economy, including US-China trade friction. In addition, the operating environment is becoming increasingly challenging due to higher labor and logistics costs resulting from labor shortages.」
The disclosure continues to describe higher raw-material costs resulting from rising crude oil prices, higher labor and logistics costs, and uncertainty in the global economy as risks to costs and profitability. - FY2019-Q1RestatedAnnual report
「At the same time, the outlook remains uncertain due to higher raw-material costs resulting from rising crude oil prices and uncertainty in the overseas economy.」
The disclosure continues to describe higher raw-material costs resulting from rising crude oil prices and uncertainty about the outlook as cost pressures. It also explains that the operating environment remains increasingly challenging due to higher logistics and labor costs. - FY2018-Q3WorsenedAnnual report
「At the same time, the operating environment is becoming increasingly challenging due to higher labor and logistics costs resulting from labor shortages.」
The wording states that the operating environment is becoming increasingly challenging due to higher labor and logistics costs resulting from labor shortages. - FY2018-Q2RestatedAnnual report
「At the same time, cost pressures, including higher labor costs and concerns about rising logistics costs, are increasing.」
As in the previous quarter, the disclosure states that cost pressures, including higher labor costs and concerns about rising logistics costs, have increased. - FY2018-Q1WorsenedAnnual report
「At the same time, cost pressures, including higher labor costs and concerns about rising logistics costs, are increasing.」
The disclosure states that cost pressures, including higher labor costs and concerns about rising logistics costs, have increased. - FY2017-Q2WorsenedAnnual report
「The Group has worked to reduce costs by reviewing shipping methods, developing new delivery networks in smaller areas, and reducing material costs through the full-scale operation of its own Nishikatsura Plant. However, it is also facing difficult conditions, including persistently high labor costs associated with expanding services and higher logistics costs resulting from revisions to the pricing structures of home-delivery operators.」
While pursuing cost-reduction measures, the disclosure describes the actual difficult conditions caused by persistently high labor costs and higher logistics costs resulting from revisions to home-delivery operators' pricing structures. - FY2017-Q1WorsenedAnnual report
「At the same time, cost pressures, including higher labor costs and persistently high logistics costs, are increasing, differences in the performance of companies are beginning to emerge, and new entrants into the home-delivered water market continue to trend lower.」
The disclosure states that cost pressures, including higher labor costs and persistently high logistics costs, have increased. - FY2016First statedAnnual report
「If the continuing rise in logistics costs cannot be offset through production rationalization or passed on through selling prices, it could affect the Group’s results and financial condition.」
The Company identifies higher PET-bottle raw-material costs driven by oil prices, logistics costs and personnel expenses as risks.