Pressure on earnings from depreciation and maintenance costs associated with capital expenditures
First written in FY2024. 1 of 3 entries say "Materialised", first in 2026-05-13. Latest entry: FY2026.
Showa Paxxs moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 7 of 19 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Company will also actively invest in facilities that improve the working environment and quality, as well as in systems to promote digitalisation. At the same time, however, the resulting increase in the burden of depreciation, maintenance costs and other expenses makes it unavoidable that these will become a significant source of pressure on earnings in the short term.」
The Company has reiterated that the increase in the burden of depreciation and maintenance costs associated with investments in facilities and systems will be a source of pressure on earnings in the short term. - 2026-05-13MaterialisedEarnings
「At the same time, the burden of personnel expenses resulting from wage increases and depreciation resulting from the completion of investment facilities increased.」
Higher depreciation associated with capital investment and higher personnel expenses resulting from wage increases appeared as a burden on earnings. - FY2024First statedAnnual report
「The Company will also actively invest in facilities that improve the working environment and quality, as well as in systems to promote digitalisation. At the same time, however, the resulting increase in the burden of depreciation, maintenance costs and other expenses makes it unavoidable that these will become a significant source of pressure on earnings in the short term.」
The Company states independently for the first time that, while it is pursuing capital expenditures and systems investments, there is a risk that depreciation and maintenance costs will put pressure on earnings in the short term.