Higher Costs from Aggressive Capital Investment to Increase Production Capacity
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2023: 8 of 16 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「However, profit declined due to persistently high raw material prices, particularly for squid, higher transportation costs, and increased expenses associated with aggressive capital investment to improve production capacity.」
Higher expenses associated with proactive capital investment aimed at increasing production capacity continued and, together with persistently high raw material prices and increased freight costs, became a factor behind lower profit. - FY2020-Q2RestatedAnnual report
「However, profit declined due to persistently high raw material prices, particularly for squid, higher transportation costs, and increased expenses associated with aggressive capital investment to improve production capacity.」
Higher expenses associated with proactive capital investment aimed at increasing production capacity continued and, together with persistently high raw material prices and increased freight costs, became a factor behind lower profit. - FY2020-Q1First statedAnnual report
「However, profit declined due to persistently high raw material prices, particularly for squid, higher transportation costs, and increased expenses associated with aggressive capital investment to improve production capacity.」
Higher expenses associated with proactive capital investment aimed at increasing production capacity materialized and became a factor behind lower profit.