Surging Raw Material and Logistics Costs and Yen Depreciation
First written in FY2023-Q2. 4 of 10 entries say "Restated". Latest entry: 2026-08-06.
C'Bon Cosmetics moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2019: 10 of 16 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- 2026-08-06RestatedEarnings
「The outlook for the economy remains uncertain, due to factors including foreign-exchange fluctuations and persistently high raw-material and energy prices resulting from heightened international tensions.」
The company continued to cite foreign-exchange fluctuations, international tensions, and persistently high raw-material and energy prices as sources of uncertainty in the external environment. - FY2026WorsenedAnnual report
「Meanwhile, geopolitical risks, including the increasingly tense situation in Iran, are casting a shadow over the Japanese economy. Surging crude oil prices and disruptions to logistics networks in and around the Strait of Hormuz are driving up not only energy costs but also the procurement costs of cosmetic raw materials and packaging materials, as well as domestic and international logistics expenses. In addition, the business environment is expected to remain uncertain due to rising labor costs associated with the increasingly serious labor shortage.」
In addition to the previous risks involving raw materials, logistics costs, and yen depreciation, the risk factors were specified in greater detail to include the situation in Iran, logistics disruptions in the Strait of Hormuz, crude oil prices, and higher labor costs resulting from labor shortages. - 2026-05-13WorsenedEarnings
「The surge in crude oil prices and disruptions to logistics networks around the Strait of Hormuz and elsewhere are driving up not only energy costs but also procurement costs for cosmetic ingredients and packaging materials, as well as domestic and overseas logistics expenses. In addition, with labor costs rising amid a worsening labor shortage, the environment surrounding corporate management is expected to remain uncertain.」
In addition to the previously cited raw-material prices, yen depreciation, and labor shortages, the company described geopolitical risks, logistics disruptions, and higher crude oil prices as factors driving up procurement and logistics costs. - FY2026-H1Disclosure of geopolitical risks and price increases caused by yen depreciationAnnual report
「The economic environment in Japan during the current interim consolidated fiscal period continued to recover gradually, but the outlook remains uncertain as geopolitical risks and the ongoing depreciation of the yen have driven price increases and affected personal consumption.」
In addition to the previously cited increases in raw material and energy prices, geopolitical risks and the ongoing depreciation of the yen were identified as external factors driving price increases and affecting personal consumption. - FY2025-H1Higher minimum wages and energy prices added to the disclosureAnnual report
「However, the rate of increase in the national weighted average minimum wage exceeded 5%, and labor costs are expected to rise. In addition, companies are expected to pass higher costs on to their products as energy prices rise, and the outlook remains uncertain.」
In addition to the previous concerns over raw materials, logistics costs, and yen depreciation, the company cited concerns over higher labor costs and cost pass-through resulting from a minimum wage increase of more than 5% and higher energy prices. - FY2024-Q3RestatedAnnual report
「The economic environment in Japan during the first nine months of the current consolidated fiscal year followed a gradual recovery trend, supported by the normalization of economic activity following the reclassification of COVID-19 as a Class 5 disease and the recovery in inbound demand. However, factors weighing on the recovery in consumer spending included international geopolitical instability involving Ukraine and the Chinese economy, global monetary tightening, and rising prices resulting from higher raw material and energy costs, and the outlook remains uncertain.」
Although economic activity is normalizing and inbound demand is recovering, the company continues to recognize that the outlook remains uncertain due to international geopolitical instability, monetary tightening, and higher raw material and energy prices. - FY2024-Q1RestatedAnnual report
「However, many factors continue to create uncertainty for consumer behavior, including ongoing price increases resulting from higher raw material prices, and the outlook remains uncertain.」
The company continues to recognize the external environment as uncertain due to higher raw material prices, rising prices, and unstable factors affecting consumer behavior. - FY2023Continued uncertainty in the external environment, including higher prices and energy costs and geopolitical instabilityAnnual report
「However, the outlook remains uncertain due to continued global geopolitical instability, soaring prices and energy costs, and the failure of financial institutions in Europe and the United States.」
In addition to raw material prices, logistics costs, and yen depreciation, higher prices and energy costs, global geopolitical instability, and financial institution failures were cited as sources of uncertainty in the external environment. - FY2023-Q3RestatedAnnual report
「However, soaring raw material prices and logistics costs and the ongoing depreciation of the yen are having a significant impact on corporate activity, and uncertainty about the outlook continues.」
The company reiterated its recognition that soaring raw material prices and logistics costs and yen depreciation are affecting corporate activity and that the outlook remains uncertain. - FY2023-Q2First statedAnnual report
「The economic environment in Japan during the first six months of the current consolidated fiscal year was significantly affected by the sharp depreciation of the yen, in addition to soaring raw material prices and logistics costs.」
Soaring raw material prices and logistics costs, together with the sharp depreciation of the yen, were identified for the first time as external environmental risks affecting corporate activity.