Risk of soaring logistics and fuel costs
First written in FY2018. 4 of 6 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2024.
Klass moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).
The whole theme swung hardest in 2024: 10 of 30 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「In addition, the 2024 logistics issue is increasingly causing widespread and diverse effects as transport operators face mounting pressure on their operations. The Company will respond promptly if any disruption occurs, but if it is unable to respond adequately, this could lead to a decline in the delivery services of the Company Group and soaring logistics costs.」
Regarding the 2024 logistics issue anticipated in the previous fiscal year, the wording changed to state that pressure on transport operators' operations was beginning to cause effects, indicating that the risk was progressing. - FY2023WorsenedAnnual report
「In addition, the 2024 logistics issue is expected to cause widespread and diverse effects as transport operators face increasing pressure on their operations. The Company is monitoring the situation so that it can respond promptly if any disruption is foreseeable, but if it is unable to respond adequately, this could lead to a decline in the delivery services of the Company Group and soaring logistics costs.」
In addition to the existing risk of higher transportation costs, the disclosure explicitly identified the possibility that the 2024 logistics issue could cause transport operations to become strained, delivery services to deteriorate and logistics costs to soar. - FY2020-Q1MaterialisedAnnual report
「As a result, segment sales were ¥1,505 million, down 0.4% year on year, and profit and loss was an operating loss of ¥5 million, compared with an operating profit of ¥13 million in the same quarter of the previous year, partly due to the impact of higher transportation costs.」
Higher transportation costs continued to emerge in first-quarter results as a factor contributing to the Professional segment's operating loss. - FY2019MaterialisedAnnual report
「Although the Company secured higher revenue in the fiscal year, its ratio of ordinary profit to net sales was 2.3% (4.2% in the previous fiscal year) due to upfront investments expected to contribute from the following fiscal year onward, including the publication of Business Catalog No. 15 and the development of new models in the Industrial Equipment business, as well as various costs associated with the listing and higher logistics costs.」
Higher logistics costs emerged in full-year results as a factor in the decline in the profit margin, along with upfront investments and listing-related expenses. - FY2019-Q3MaterialisedAnnual report
「The Company recorded an operating loss of ¥10 million due to higher expenses, including increased transportation costs resulting from higher shipping charges, as well as sluggish sales of wallpaper pasting machines.」
Higher transportation costs resulting from increased shipping charges have materialized as higher expenses and an operating loss in the Professional segment. - FY2018First statedAnnual report
「If fuel and logistics costs rise due to higher crude oil prices or other factors and cannot be offset by cost-reduction efforts, or if the increases cannot be passed on to selling prices, the Company's results and financial position may be affected.」
Cost reduction through 3 logistics bases nationwide is being used as a response measure.