No category-specific facts could be extracted from this document.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Revenue grew in the Materials-related business and elsewhere, but profit margins declined due to price competition in the Food-related business and higher logistics costs, among other factors. SG&A expenses, including logistics and personnel costs, also increased. In addition, there was no gain on the sale of investment securities recorded in the same period of the previous year, while withdrawal costs for the capacitor business and settlement costs related to litigation were recorded as extraordinary losses.