Increases in Outsourced Delivery Charges
First written in FY2017. 6 of 16 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2022.
Vega corporation 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 2026: 18 of 26 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「In terms of profit, the cost ratio rose due to higher ocean container freight rates and raw material prices, as well as the weakening yen. Meanwhile, as part of its logistics initiatives, the company has continued to implement measures to reduce logistics costs, including improving storage efficiency, optimizing inventory levels and placement, and reviewing its product mix, in response to higher delivery costs.」
Amid continued increases in delivery costs and ocean freight rates, the company continues to contain costs by reviewing storage efficiency, inventory, delivery arrangements, and its product mix. - FY2022-Q3RestatedAnnual report
「The cost ratio rose due to higher ocean container freight rates and raw material prices, as well as the weakening yen.」
The company continues to describe the situation in which higher ocean container freight rates, in addition to previously noted increases in delivery costs, together with higher raw material prices and the weakening yen, contributed to the rise in the cost ratio. - FY2022-Q2WorsenedAnnual report
「The cost ratio rose due to higher ocean container freight rates and raw material prices, as well as the weakening yen.」
In addition to the previously noted increase in delivery costs, higher ocean container freight rates were explicitly identified as a factor behind the rise in the cost ratio, together with higher raw material prices and the weakening yen. - FY2022-Q1RestatedAnnual report
「In the furniture and interior industry, the operating environment remained challenging due to rising raw-material and logistics costs, as well as intensifying sales competition across business formats.」
The company continues to disclose the challenging environment of persistently rising logistics costs. - FY2021MitigatedAnnual report
「Despite substantial sales growth in the fiscal year, the delivery cost ratio improved further as the company continued its cost-reduction efforts.」
In response to higher delivery costs, the company continued to improve storage efficiency, optimize inventory levels and placement, and review its product mix, further improving the delivery cost ratio. - FY2021-Q1MitigatedAnnual report
「As a result of continuing initiatives to improve profitability, including reviewing selling prices and product mix, optimizing inventory and reducing storage and outsourced logistics costs through appropriate distribution, both the gross profit margin and operating profit margin improved, resulting in higher sales and profit year on year.」
In response to continued increases in shipping costs, the company continues to review its product mix and optimize shipping, and has stated that it is reducing outsourced logistics costs and improving margins. - FY2020MitigatedAnnual report
「Despite phased increases in shipping fees from April 2019, the company was able to contain the rise in shipping costs by reviewing its product mix and taking other measures.」
The company stated that it contained the rise in shipping costs by reviewing its product mix and taking other measures despite continued shipping fee increases. - FY2020-Q1MaterialisedAnnual report
「Meanwhile, higher delivery costs resulting from price increases by some delivery companies and continued investment in new-business development resulted in lower revenue and lower profit compared with the same period of the previous year.」
The company stated that higher shipping costs resulting from price increases by some carriers had actually occurred and were one factor behind the declines in revenue and profit. - FY2019WorsenedAnnual report
「In addition, some carriers withdrew from handling oversized products, causing per-unit rates to surge above the previous rate schedule and increasing shipping costs. As carriers are expected to intensify shipping fee increases from April 2019 onward, containing logistics costs, including shipping, will remain a key issue.」
The withdrawal of some carriers from handling oversized products actually increased per-unit shipping rates and shipping costs, and the company indicated that price increases were expected to intensify from April 2019 onward. - FY2019-Q3RestatedAnnual report
「Meanwhile, selling, general and administrative expenses increased due to higher logistics costs resulting from carrier price increases and other factors, upfront investment in personnel, and advertising and promotional spending to raise awareness, including promotions. As a result, revenue increased but profit declined year on year.」
Higher logistics costs resulting from carrier price increases and other factors have continued to occur, contributing to the increase in selling, general and administrative expenses. - FY2019-Q2MaterialisedAnnual report
「Meanwhile, selling, general and administrative expenses increased due to higher logistics costs resulting from carrier price increases and other factors, upfront investment in personnel associated with business expansion, and advertising and promotional spending to raise awareness. As a result, revenue increased but profit declined year on year.」
The company stated that higher logistics costs resulting from carrier price increases and other factors had actually occurred, contributing to the increase in selling, general and administrative expenses. - FY2019-Q1MaterialisedAnnual report
「Selling, general and administrative expenses increased due to higher logistics costs resulting from price increases by some carriers, advertising and promotional activities to raise awareness, and continued investment in new business development aimed at launching the furniture platform business. As a result, revenue increased but profit declined year on year.」
The company stated that price increases by some carriers and other factors caused logistics costs to rise, contributing to the increase in selling, general and administrative expenses. - FY2018MaterialisedAnnual report
「In logistics, shipping costs increased due to price increases by carriers.」
The company stated that higher shipping costs resulting from carrier price increases had actually occurred and were one of the main factors behind the decline in operating profit. - FY2018-Q3MaterialisedAnnual report
「Selling, general and administrative expenses increased due to higher logistics costs resulting from the withdrawal of some carriers from B2C operations, changes in carriers, and requests for price increases, as well as advertising and promotional activities to raise awareness and continued investment in new business development, including research and development aimed at launching the furniture platform business. As a result, revenue increased but profit declined year on year.」
The company stated that the withdrawal of some carriers from B2C operations, changes in carriers, and requests for price increases continued to occur, with higher logistics costs contributing to the increase in selling, general and administrative expenses. - FY2018-Q2MaterialisedAnnual report
「Selling, general and administrative expenses increased due to higher logistics costs resulting from the withdrawal of some carriers from B2C operations, changes in carriers, and requests for price increases, as well as advertising and promotional activities to raise awareness and continued investment in new business development, including research and development aimed at launching the furniture platform business. As a result, revenue increased but profit declined year on year.」
The company stated that the withdrawal of some carriers from B2C operations, changes in carriers, and requests for price increases had actually occurred, resulting in higher logistics costs. - FY2017First statedAnnual report
「If factors such as a surge in crude oil prices arise, carriers engaged to ship the company’s products may request increases in outsourced shipping fees, which could have a significant effect on the company’s operating results and financial position.」
The company newly identifies the risk that requests from carriers for higher shipping fees could affect earnings and its financial position.