Higher U.S. logistics costs and increased costs associated with establishing a new production system
First written in FY2019-Q2. 7 of 13 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2025-H1.
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- FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no new developments or material changes concerning the risk of higher US logistics costs and increased costs associated with establishing a new production system. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no new developments or material changes concerning the risk of higher US logistics costs and increased costs associated with establishing a new production system. - FY2023MaterialisedAnnual report
「Frozen foods revenue was ¥267.2 billion, up ¥45.5 billion from the previous fiscal year and 120.5% year on year, due to the impact of currency translation and higher unit prices, among other factors. Business profit was ¥0.2 billion, up ¥0.9 billion from the previous fiscal year, despite the impact of higher raw material and other costs, due to the effects of higher revenue and currency translation, among other factors.」
Frozen foods returned to higher revenue and higher profit, although increased raw material and other costs continued to emerge as a factor depressing full-year profit. - FY2023-Q3MaterialisedAnnual report
「Frozen food segment sales amounted to ¥200.0 billion, up ¥34.5 billion from the same period of the previous year, or 120.9% year on year, owing to the impact of foreign currency translation and higher overseas unit prices, among other factors. Business profit declined by ¥1.5 billion to ¥400 million, or 23.7% year on year, despite the effect of higher sales and foreign currency translation, owing mainly to the impact of higher costs, including raw materials.」
Although overseas frozen foods generated higher revenue, increased costs for raw materials and other items continued to emerge as a factor behind the substantial decline in profit during the cumulative third quarter. - FY2022MaterialisedAnnual report
「Overseas operations recorded a substantial decline in profit despite significantly higher revenue, due to the impact of rising raw material prices, logistics costs and labour costs in North America, among other factors.」
With raw material prices, logistics costs and labour costs in North America continuing to rise, full-year business profit was negative despite higher revenue in overseas frozen foods. - FY2022-Q3MaterialisedAnnual report
「Overseas operations recorded a substantial decline in profit despite significantly higher revenue, due to the impact of rising raw material prices, logistics costs and labour costs in North America, among other factors.」
Rising raw material prices, logistics costs and labour costs in North America again emerged as factors behind the substantial decline in profit in the overseas frozen foods business. - FY2022-Q2MaterialisedAnnual report
「Overseas operations recorded a substantial decline in profit despite significantly higher revenue, due to the impact of rising raw material prices, logistics costs and labour costs in North America, among other factors.」
Rising raw material prices, logistics costs and labour costs in North America again emerged as factors behind the substantial decline in profit in the overseas frozen foods business. - FY2022-Q1MaterialisedAnnual report
「Overseas operations recorded a substantial decline in profit despite significantly higher revenue, due to the impact of rising labour costs, raw material prices and logistics costs in North America, among other factors.」
Rising labour costs, raw material prices and logistics costs in North America again emerged as factors behind the substantial decline in profit in the overseas frozen foods business. - FY2020-Q3RestatedAnnual report
「Overseas frozen foods posted a significant increase in profit, owing mainly to the effect of price increases in North America the previous year and productivity improvements.」
In the US frozen foods business, improved profitability from the effects of price increases and productivity improvements was also confirmed during the cumulative third quarter. - FY2020-Q2RestatedAnnual report
「Overseas frozen foods posted a significant increase in profit, owing mainly to the effect of price increases in the U.S. the previous year and productivity improvements.」
In the US frozen foods business, improved profitability from the effects of price increases in the previous year and productivity improvements was also confirmed during the cumulative second quarter of the current consolidated fiscal year. - FY2020-Q1MitigatedAnnual report
「Overseas frozen foods posted a significant increase in profit, owing mainly to the effect of price increases in the U.S. the previous year and productivity improvements.」
In the US frozen foods business, the effects of price increases and productivity improvements were reflected in performance as improvements in profitability offset the deterioration caused by previously elevated logistics and production costs. - FY2019-Q3RestatedAnnual report
「Overseas frozen foods recorded a substantial decline in profit due to soaring logistics costs in the US and delays in improving productivity, among other factors.」
In addition to soaring US logistics costs, delays in improving productivity continued to emerge as factors behind the substantial decline in profit in the overseas frozen foods business. - FY2019-Q2MaterialisedAnnual report
「Overseas frozen foods recorded a substantial decline in profit despite higher revenue, mainly due to soaring logistics costs in the US and higher production costs associated with establishing a new production system.」
Higher US logistics costs and increased production costs associated with establishing a new production system occurred during the cumulative second quarter of the current consolidated fiscal year, resulting in a substantial decline in profit in the overseas frozen foods business.