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Hobonichi (3560) · RiskMid-year update to shipping expenses

Delays and Disruptions at Outsourced Logistics Service Providers

First written in FY2017. 3 of 10 entries say "Restated". Latest entry: FY2026-H1.

10entries
10years
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How it moved
ProgressHeldSoftenedWorseOtherFY2017 – FY2026-H12017: 12018: 120182019: 120192020: 120202021: 220212022: 120222023: 220232024: 020242025: 020252026: 1
Same theme, other companies
Dependence on Specific External Providers for Logistics and Procurement OperationsA theme 30 companies write about · 30 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 3 of 7 companies on the "Worse" side.

2 other companies' 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.
Showing 14 of the 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1Mid-year update to shipping expensesAnnual report

    「Shipping expenses 598,715 thousand yen 734,444 thousand yen」

    Shipping expenses, a major component of selling, general and administrative expenses, were updated from 598,715 thousand yen in the same period of the previous year to 734,444 thousand yen in the current interim accounting period.
  2. FY2023-Q2Continued rise in international logistics costsAnnual report

    「Selling, general and administrative expenses increased due to higher selling expenses associated with increased sales through overseas company-operated channels and higher sales commission rates, as well as higher logistics expenses resulting from the rise in international logistics costs.」

    Higher logistics expenses resulting from the rise in international logistics costs continued, in addition to the expansion of overseas company-operated channels and higher sales commission rates.
  3. FY2023-Q1Continued rise in international logistics costsAnnual report

    「Selling, general and administrative expenses increased due to higher selling expenses associated with increased sales through overseas company-operated channels and higher sales commission rates, as well as higher logistics expenses resulting from the rise in international logistics costs.」

    In addition to the expansion of overseas company-operated channels, the first quarter also included higher logistics expenses resulting from the rise in international logistics costs.
  4. FY2022-Q3Continued increase in logistics costsAnnual report

    「Selling, general and administrative expenses decreased this fiscal year because the previous fiscal year included temporary costs related to relocating and opening the head office and stores. However, overall expenses increased year on year due to higher selling and logistics expenses associated with increased overseas sales through company-operated channels, higher international logistics costs resulting from the COVID-19 pandemic, and costs incurred to hold the "Seikatsu no Tanoshimi-ten" event.」

    Selling and logistics expenses and international logistics costs continued to increase due to higher overseas sales through company-operated channels and the impact of the COVID-19 pandemic.
  5. FY2021Continued increase in logistics costsAnnual report

    「Selling, general and administrative expenses increased due to higher selling and logistics expenses associated with increased overseas sales through company-operated channels, as well as higher shipping expenses resulting from the COVID-19 pandemic, which increased international logistics costs.」

    States that international logistics costs continued to increase throughout the fiscal year due to the expansion of overseas company-operated channels and the COVID-19 pandemic.
  6. FY2021-Q3Emergence of higher logistics costsAnnual report

    「Selling, general and administrative expenses increased due to higher selling and logistics expenses associated with increased sales through overseas company-operated channels, as well as higher international logistics costs, including increased shipping expenses resulting from the COVID-19 pandemic.」

    Regarding the impact of external logistics, states that international logistics costs, including shipping expenses, increased as overseas company-operated channels expanded and due to the COVID-19 pandemic.
  7. FY2020RestatedAnnual report

    「The Company works closely with external contractors to monitor and improve service levels. Under its contracts with external contractors, it can also seek compensation from them for direct damages.」

    Continues to disclose the risks of delays, disruptions and reputational damage associated with outsourcing logistics operations, as well as responses through coordination with contractors.
  8. FY2019RestatedAnnual report

    「For its internet sales business, the Company outsources to external contractors logistics operations including inventory management for products delivered by suppliers, product packing and shipping, handover of products to customers and collection of payment.」

    Continues to disclose the risks of delays, disruptions and reputational damage associated with outsourcing logistics operations, as well as coordination with contractors and responses to claims for damages.
  9. FY2018RestatedAnnual report

    「For its internet sales business, the Company outsources to external contractors logistics operations including inventory management for products delivered by suppliers, product packing and shipping, handover of products to customers and collection of payment.」

    Continues to disclose the risks of delays, disruptions and reputational damage associated with outsourcing logistics operations.
  10. FY2017First statedAnnual report

    「However, if delays, disruptions or other problems occur in the services provided by external contractors and lead to a decline in customer confidence in the Company, the Company may face claims for damages and a decline in its reputation, which could adversely affect its business and operating results.」

    Describes the risks associated with outsourcing logistics operations, including inventory management, packing, shipping, product handover and collection of payments.
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Hobonichi's next results are scheduled for 2026-10-14. Read the earnings preview
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Delays and Disruptions at Outsourced Logistics Service Providers | Hobonichi Co.,Ltd. (3560) | Komori