Profit Pressure from Higher Logistics and Personnel Costs
First written in FY2018-Q2. 10 of 15 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-08-05.
Ochi Holdings moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 66 of 106 companies on the "Worse" side.
48 other companies' latest entry also says "Worsened".
- 2026-08-05WorsenedEarnings
「一方、営業利益につきましては、物流費が増加したことなどにより、41百万円(前年同期比21.4％減)となりました。」
建材事業で物流費の増加が営業利益の減少要因として引き続き顕在化した。 - FY2026WorsenedAnnual report
「However, operating profit was ¥528 million, down 17.0% from the previous period, due in part to a decline in the gross profit margin caused by competition with other companies and higher logistics costs.」
In the processing business, higher logistics costs, together with lower margins caused by competition, became a factor that reduced operating profit. - 2026-06-15WorsenedFinancial results presentation
「Soaring logistics costs」
2026年3月期の営業利益増減要因として物流費の高騰が示され、人件費の増加や販売運賃の増加とともに利益を押し下げている。 - FY2025WorsenedAnnual report
「Despite the effects of a decline in housing starts for owner-occupied and built-for-sale detached homes and increases in delivery charges, revenue was ¥72,934 million, up 4.3% from the previous fiscal year. Operating profit also increased 3.5% to ¥835 million.」
While the building materials business reported higher revenue and profit due to the effects of M&A, higher delivery charges continue to put pressure on profit. Selling, general and administrative expenses, including personnel costs, also increased overall. - FY2025-H1WorsenedAnnual report
「However, operating profit was ¥320 million, down 37.8% year on year, due to higher logistics unit prices and other factors.」
Higher logistics unit prices emerged as a factor behind the 37.8% year-on-year decline in operating profit in the building materials business. Overall, increases in selling, general and administrative expenses due to soaring prices and other factors are also putting pressure on profit. - FY2024MaterialisedAnnual report
「Operating profit was ¥2,155 million, down 26.8% from the previous fiscal year, due to increases in personnel and other selling, general and administrative expenses.」
Increases in personnel and other selling, general and administrative expenses actually contributed to the decline in full-year operating profit, which fell 26.8% from the previous fiscal year. - FY2023-Q3MaterialisedAnnual report
「Operating profit was ¥2,170 million, down 11.3% year on year, due to increases in personnel and logistics costs.」
Increases in personnel and logistics costs continue to be actual factors behind the 11.3% year-on-year decline in overall operating profit. - FY2023-Q1MaterialisedAnnual report
「Operating profit was ¥258 million, down 2.7% year on year, due to increases in personnel and logistics costs.」
Increases in personnel and logistics costs continue to be an actual factor behind the 2.7% year-on-year decline in operating profit in the building materials business. - FY2020-Q3MaterialisedAnnual report
「Operating profit was ¥1,049 million, down 6.6% year on year, due to increases in personnel and logistics costs.」
Increases in personnel and logistics costs continue to be actual factors behind the 6.6% year-on-year decline in operating profit in the building materials business. - FY2019-Q3MaterialisedAnnual report
「However, operating profit was ¥1,444 million, down 7.8% year on year, due to increases in personnel and logistics costs and the occurrence of M&A-related expenses.」
Increases in personnel and logistics costs and M&A-related expenses continue to be factors behind the 7.8% year-on-year decline in overall operating profit. - FY2019-Q2MaterialisedAnnual report
「As a result, net sales for the first half of the current consolidated fiscal year were ¥49,498 million, up 8.7% year on year. Operating profit was ¥726 million, down 15.5% year on year, partly due to increases in personnel and logistics costs and the occurrence of M&A-related expenses.」
Increases in personnel and logistics costs, together with M&A-related expenses, continue to be actual factors behind the 15.5% year-on-year decline in overall operating profit. - FY2019-Q1MaterialisedAnnual report
「Operating profit was ¥332 million, down 17.0% year on year, partly due to increases in personnel and logistics costs.」
Increases in personnel and logistics costs continue to be an actual factor behind the 17.0% year-on-year decline in overall operating profit. - FY2018MaterialisedAnnual report
「Operating profit was ¥1,934 million, down 0.2% from the previous fiscal year, partly due to increases in logistics and personnel costs.」
Increases in logistics and personnel costs actually contributed to the decline in full-year operating profit and also reduced profit in the building materials and processing businesses. - FY2018-Q3MaterialisedAnnual report
「As a result, revenue from this business was ¥51,624 million, up 3.1% year on year, while operating profit was ¥1,125 million, down 2.8% year on year, partly due to increases in logistics and personnel costs.」
Increases in logistics and personnel costs actually contributed to the 2.8% year-on-year decline in operating profit in the building materials business. Operating profit in the processing business also fell 6.9% year on year due to similar cost increases. - FY2018-Q2MaterialisedAnnual report
「Operating profit was ¥859 million, down 1.2% year on year, partly due to increases in logistics and personnel costs.」
Increases in logistics and personnel costs were explicitly cited as factors that lowered operating profit overall and in the building materials and processing businesses.