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COSMOS Pharmaceutical (3349) · RiskUpdate: utility expense results

Increase in Utilities Costs Due to Surging Electricity Prices

First written in FY2018-Q2. 3 of 10 entries say "Restated". Latest entry: FY2026.

10entries
9years
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ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY20222018: 320182019: 120192020: 020202021: 020212022: 120222023: 220232024: 120242025: 120252026: 12026
Same theme, other companies
Surging Electricity Costs in Store OperationsA theme 11 companies write about · 11 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 7 of 11 companies on the "Worse" side.

1 other company's latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026Update: utility expense resultsAnnual report

    「Utility expenses ¥14,879 million ¥14,093 million」

    As the number of stores increased, utility expenses decreased from ¥14,879 million in the previous year to ¥14,093 million. Various cost increases due to inflation continue to be mentioned.
  2. FY2025WorsenedAnnual report

    「Utility expenses ¥12,967 million ¥14,879 million」

    Utility expenses increased from ¥12,967 million in the previous fiscal year to ¥14,879 million, increasing the cost burden from electricity and other utilities.
  3. FY2024RestatedAnnual report

    「Selling, general and administrative expenses increased 13.1% year on year to ¥156,804 million, mainly because the number of stores increased as a result of new store openings, personnel expenses increased and electricity costs surged.」

    Surging electricity costs continue to be identified as a factor behind the increase in selling, general and administrative expenses.
  4. FY2024-Q1WorsenedAnnual report

    「In particular, household costs directly related to daily life, including electricity bills, gasoline prices and the prices of essential goods, have risen sharply since the previous year, further strengthening consumers’ tendency to economize.」

    The disclosure states that household-related costs, including electricity bills, have risen sharply since the previous year, continuing and further specifying the recognition of the risk of a higher cost burden due to rising electricity prices.
  5. FY2023WorsenedAnnual report

    「Utility expenses increased from ¥9,441 million to ¥14,237 million.」

    Against a backdrop of surging electricity costs, utility expenses increased by ¥4,796 million from the previous fiscal year, increasing the actual cost burden.
  6. FY2022ReappearedAnnual report

    「Selling, general and administrative expenses totaled ¥121,651 million, mainly because the number of stores increased as a result of new store openings and electricity costs surged.」

    The disclosure again identifies surging electricity costs, which had not been mentioned since the previous explicit reference, as a factor behind the increase in selling, general and administrative expenses.
  7. FY2019DroppedAnnual report
    The current fiscal year’s discussion of operating results contains no explicit reference to the increase in utility expenses caused by surging electricity prices that had been mentioned through the previous fiscal year.
  8. FY2018RestatedAnnual report

    「In addition, because of surging electricity prices, the rate of increase in utilities costs exceeded the rate of increase in the number of stores.」

    The company continues to recognize the risk that surging electricity prices will contribute to higher utility expenses and that the rate of increase will exceed the rate of increase in the number of stores.
  9. FY2018-Q3RestatedAnnual report

    「In addition, because of surging electricity prices, the rate of increase in utilities costs exceeded the rate of increase in the number of stores.」

    The company continues to recognize the risk that surging electricity prices will contribute to higher utility expenses and that the rate of increase will exceed the rate of increase in the number of stores.
  10. FY2018-Q2First statedAnnual report

    「In addition, because of surging electricity prices, the rate of increase in utilities costs exceeded the rate of increase in the number of stores.」

    The company states that higher electricity prices drove the increase in utilities costs, which rose faster than the number of stores.
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Increase in Utilities Costs Due to Surging Electricity Prices | COSMOS Pharmaceutical Corporation (3349) | Komori