Profit Pressure from Higher Raw-Material Costs in North America
First written in FY2018-Q1. 7 of 10 entries say "Restated". Latest entry: FY2023.
Tpr moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2023: 8 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2023WorsenedAnnual report
「The North America region reported higher revenue, partly due to the weaker yen, but profit declined as a result of soaring raw-material and energy prices, as well as higher transportation and labor costs.」
In North America, rising energy, transportation and labor costs, in addition to raw-material costs, are increasingly pressuring profit. - FY2022WorsenedAnnual report
「In the North America region, demand for vehicle purchases increased as the economy recovered, and business remained firm in the first half of the year. However, sales and profit both declined in the second half due to supply constraints caused by the semiconductor shortage and rising costs, including raw-material and labor costs.」
In North America, rising labor and other costs, in addition to raw-material costs, were explicitly identified as factors pressuring profit, and segment profit fell ¥98 million year on year. - FY2019RestatedAnnual report
「In North America, revenue was ¥1,541.9 million, a decrease of ¥24 million from the same period of the previous year. Segment profit was ¥166.1 million, a decrease of ¥143 million from the same period of the previous year, due to soaring raw-material costs and other factors.」
The full-year results also confirm the impact of higher raw-material costs on profit in North America. - FY2019-Q3RestatedAnnual report
「Segment profit was ¥1.238 billion, down ¥184 million from the same period of the previous year due to higher raw-material costs and other factors.」
Higher raw-material costs continue to pressure profit in North America. - FY2019-Q2RestatedAnnual report
「Segment profit was ¥874 million, down ¥37 million from the same period of the previous year due to higher raw-material costs and other factors.」
The impact of higher raw-material costs on profit in North America is being reconfirmed as a ¥37 million year-on-year decline. - FY2019-Q1RestatedAnnual report
「In North America, revenue was ¥406.2 million, a decrease of ¥136 million from the same period of the previous year, due to changes in the product mix. Segment profit was ¥45.5 million, a decrease of ¥32 million, due to lower revenue and soaring raw-material costs, among other factors.」
Higher raw-material costs in North America continued to be cited as a factor reducing profit, resulting in a ¥32 million year-on-year decline. - FY2018RestatedAnnual report
「Segment profit was ¥1.804 billion, down ¥277 million from the previous fiscal year due to higher raw-material costs, changes in the product mix and other factors.」
The full-year figures also confirm profit pressure in North America from higher raw-material costs and changes in the product mix. - FY2018-Q3RestatedAnnual report
「Segment profit was ¥1.422 billion, down ¥197 million from the same period of the previous year due to higher raw-material costs and changes in the product mix.」
The impact of higher raw-material costs and changes in the product mix on profit in North America is being reiterated. - FY2018-Q2RestatedAnnual report
「Segment profit was ¥912 million, down ¥172 million from the same period of the previous year due to higher raw-material costs and changes in the product mix.」
The impact of higher raw-material costs and changes in the product mix on profit in North America is being reiterated. - FY2018-Q1First statedAnnual report
「Segment income was ¥487 million, down ¥85 million year on year, owing to higher raw-material costs and changes in the product mix.」
Higher raw-material costs and changes in the product mix actually reduced profit in the North American segment by ¥85 million year on year.