Higher Fuel and Purchase Costs Driven by Surging Crude Oil Prices

「Meanwhile, in addition to surging fuel and raw-material costs and rising wages, uncertainty over crude-oil supplies due to worsening conditions in the Middle East has made the operating environment even more challenging.」

「Because passing all increases in procurement costs on to prices is difficult in competing with rivals, gross profit was squeezed, although the increase in personnel and other costs was covered.」

「Meanwhile, higher procurement costs, including surging fresh-produce prices, and increased personnel expenses put downward pressure on profit.」

「Meanwhile, higher procurement costs, including surging fresh-produce prices, and increased personnel expenses put downward pressure on profit.」

「Risk related to surging fuel costs, electricity and gas charges, and raw-material prices (likelihood: high / timing: short term / impact: high)」

「In addition, higher costs, including raw material prices and personnel expenses, were covered by increased revenue, resulting in higher profit year on year.」

「Meanwhile, labour shortages in the transportation and tourism industries continue to worsen, while inflation, rising costs, and concerns about higher interest rates are also contributing to uncertainty about the economic outlook.」

「In addition, inflation, rising costs, and concerns about higher interest rates have emerged as risk factors for the economic outlook.」

「Operating revenue in the distribution business was ¥71,098,677 thousand, down ¥682,031 thousand from the previous fiscal year, a 1.0% year-on-year decrease. Operating profit was ¥1,297,447 thousand, down ¥667,514 thousand, a 34.0% year-on-year decrease.」

「In terms of profit and loss, deteriorating gross profit margins due to surging raw material and procurement prices, as well as higher electricity charges, became factors weighing on profit.」

「In terms of profit and loss, higher electricity charges and deteriorating gross profit margins due to surging raw material and procurement prices became factors weighing on profit.」

「In terms of profit and loss, higher electricity charges and surging raw material prices for cooking oil, flour, and other items became factors weighing on profit.」

「In terms of profit and loss, higher electricity charges and surging raw material prices for cooking oil, flour, and other items became factors weighing on profit.」

「In terms of profit and loss, surging procurement prices for cooking oil, flour, and other items became a factor weighing on profit.」

「Due to surging global crude oil and raw material prices and fluctuations in foreign exchange rates, fuel costs in the bus and taxi businesses of the transportation segment are expected to increase, as are the prices of procured goods mainly in the distribution and leisure and services businesses, and electricity and gas charges,」

「In terms of profit and loss, expenses increased due to higher salaries and allowances associated mainly with increased highway services and higher fuel prices resulting from globally elevated crude oil prices.」

「During the cumulative second quarter of the fiscal year, Japan's economy remained uncertain amid stagnant exports and capital investment due to a global slowdown against the backdrop of US-China trade friction and other factors, as well as continued increases in personnel expenses caused by tight labour supply and demand and persistently high fuel costs.」

「In terms of profit and loss, higher fuel costs due to elevated crude oil prices and increased expenses, including the replacement of uniforms for bus and railway crew members, affected results, although profit increased.」

「Due to the surge in fuel costs, including diesel and LP gas, caused by higher crude oil prices, the amount increased 1.8% from the previous consolidated fiscal year to ¥71,003,337 thousand」

「In terms of expenses, the surge in fuel costs, including diesel and LPG, due to higher crude oil prices, together with higher personnel expenses from increased new recruitment of crew members in Tokyo and Osaka in the bus business, affected results.」

「In terms of expenses, the surge in fuel costs, including diesel and LPG, due to higher crude oil prices, together with higher personnel expenses due to increased recruitment of crew members in Tokyo and Osaka, affected results.」

「In terms of expenses, the increase in diesel prices, up 26.0% year on year due to higher crude oil prices, and the resulting surge in fuel costs, together with higher personnel expenses due to increased recruitment of crew members in Tokyo and Osaka, affected results.」

「As fuel costs, including diesel and LP gas, increased due to higher crude oil prices, transportation operating expenses and cost of sales increased 0.4% from the previous consolidated fiscal year to ¥69,771,221 thousand.」

「In terms of profit and loss, fuel costs increased due to higher crude oil prices, while depreciation increased due to vehicle renewals.」

「In terms of profit and loss, higher crude oil prices led to an increase in fuel costs.」

「Due to the global surge in crude oil prices, fuel costs in the bus and taxi businesses of the transportation segment are expected to increase, as are the prices of procured goods across all businesses and electricity and gas charges,」

「Due to the global surge in crude oil prices, fuel costs in the bus and taxi businesses of the transportation segment are expected to increase, as are the prices of procured goods across all businesses and electricity and gas charges,」