Higher Utilities Costs and Downward Pressure on Profit from Rising Crude Oil Prices
First written in FY2022-Q3. 6 of 9 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2022: 121 of 167 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Productivity continued to improve steadily, further widening the increase in profit and enabling us to achieve strong growth.」
The company explained that earnings growth widened as productivity improvements progressed despite an environment of rising costs, including inflation and higher wages. - FY2026-H1MitigatedAnnual report
「Even amid inflation and rising wages, higher profit margins resulting from productivity improvements at existing homes that exceeded those pressures contributed to continued steady growth in both revenue and earnings.」
The company explained that, despite the impact of inflation and rising wages, higher profit margins resulting from productivity improvements exceeding those pressures contributed to performance, describing its response to the downward pressure on earnings from rising costs. - FY2024-Q2MitigatedAnnual report
「Regarding costs, although the impact of higher utility costs and inflation has continued, it has not exceeded expectations. In addition, COVID-related expenses incurred through the previous consolidated fiscal year, including consumables, testing costs and staff hazard pay, have declined significantly. Through the previous consolidated fiscal year, the company received subsidies for COVID-related expenses, recorded as non-operating income, which covered them at the ordinary income level.」
The company explained that the impact of higher utility costs and inflation has continued but has not exceeded expectations, while COVID-related expenses have declined significantly compared with the level through the previous consolidated fiscal year. - FY2024-Q1MitigatedAnnual report
「Regarding costs, although the impact of higher utility costs and inflation has continued, it has not been significantly greater than expected. In addition, COVID-related expenses incurred through the previous consolidated fiscal year, including consumables, testing costs and staff hazard pay, have declined. Through the previous consolidated fiscal year, the company received subsidies for COVID-related expenses, recorded as non-operating income, which covered them at the ordinary income level.」
The company explained that the impact of higher utility costs and inflation has continued but has not been significantly greater than expected, while COVID-related expenses have declined from the level through the previous consolidated fiscal year. - FY2023-Q3MitigatedAnnual report
「In addition, higher utility costs have continued, and the company is receiving subsidies in some regions. In the other regions, it has proceeded with revisions to home management fees in stages since January 2023.」
The company explained that higher utility costs have continued, that it is receiving subsidies in some regions, and that it implemented revisions to management fees in stages in the other regions from January 2023 onward. - FY2023-Q2MitigatedAnnual report
「Higher utility costs and other expenses have continued, and the company is receiving subsidies in some regions. In other regions, it will proceed with revisions to the management fees for its homes from January 2023 onward.」
Although higher utility costs and other expenses have continued, the company is receiving subsidies in some regions and plans to revise home management fees from January 2023 onward in the other regions. - FY2023-Q1RestatedAnnual report
「Although the impact of higher utility costs and other inflationary pressures has continued, it has not been significantly greater than expected. Business performance has progressed at a pace exceeding the plan, and the company achieved steady increases in both revenue and earnings compared with the previous fiscal year.」
The company stated that the impact of higher utility costs and other inflationary pressures has continued but has not been significantly greater than expected. - FY2022WorsenedAnnual report
「In addition, due to the global surge in crude oil prices, utility costs, including electricity and gas charges, at the homes operated by the group have increased by 20% or more from the previous fiscal year.」
The increase in utility costs was quantified at 20% or more year on year, indicating a greater downside risk to earnings from the surge in crude oil prices. - FY2022-Q3MaterialisedAnnual report
「In addition, due to the global surge in crude oil prices, utility costs, including electricity and gas charges, have generally increased at the homes operated by the group.」
The company stated that utility costs, including electricity and gas charges at its operated homes, generally increased due to the global surge in crude oil prices.