Deteriorating business conditions due to higher transportation costs
First written in FY2019-Q3. 7 of 18 entries say "Worsened", first in FY2019. Latest entry: 2026-11-11.
Maezawa Kyuso Industries moved to the "Worse" side of this theme in 2020.
2 other companies' latest entry also says "Restated".
- 2026-11-11RestatedResults
「We also focused on maintaining our supply system and product quality in order to minimize the impact of the situation in the Middle East on our business.」
中東情勢に起因する供給・コスト面の影響に対し、供給体制と品質の維持を対応策として記載している。 - FY2027-H1WorsenedAnnual report
「In the Residential and Building Equipment business, new housing starts recovered to a certain level, while demand driven by concerns about shortages resulting from the situation in the Middle East also contributed. Net sales rose 2.7% year on year to ¥6,319 million. Segment profit was under pressure from higher raw-material costs due to the sharp rise in crude oil and naphtha prices, but increased sales led to a 4.9% year-on-year increase to ¥1,069 million.」
Higher crude oil and naphtha prices resulting from the situation in the Middle East have increased raw-material cost pressures in the Residential and Building Equipment business. - 2026-08-06WorsenedResults
「中東情勢の影響を受けた物価高騰やエネルギーコストの上昇、為替・金利変動により、依然として不透明な状況が続いております。」
従来の原材料・輸送コスト上昇に加え、中東情勢を背景とする物価・エネルギーコスト上昇を事業環境上の不透明要因として記載している。 - FY2026WorsenedAnnual report
「Although procurement prices for the raw materials used in cross-linked polyethylene pipes, a major product, have risen due to the situation in the Middle East, the company will work to curb unprofitable transactions, strengthen sales in the heating segment and improve the efficiency of its business structure.」
In addition to the previous increases in raw material and logistics costs, the company has explicitly identified higher procurement prices for raw materials used in cross-linked polyethylene pipes, resulting from the situation in the Middle East, as a new cost factor. - FY2026-H1RestatedAnnual report
「In terms of earnings, overall costs are trending higher, but the effects of sales of heating-related components and selling price revisions are beginning to emerge.」
In the housing and building equipment business, overall costs continue to trend higher, while the effects of heating-related component sales and selling price revisions have begun to emerge. - FY2025MitigatedAnnual report
「We have also monitored the price of copper, our principal raw material, as well as energy costs such as electricity and transportation costs, and have secured earnings by appropriately reflecting them in selling prices.」
The company continues to address the cost burden, including higher logistics costs, by reflecting increases in transportation and other costs in selling prices. - FY2024MitigatedAnnual report
「The company worked to improve profitability by appropriately reflecting in selling prices the increases in raw material prices and energy costs, particularly electricity and gas, as well as the resulting increases in manufacturing and transportation costs.」
Raw material, energy and transportation costs continue to rise, but the company is seeking to improve earnings by reflecting these increases in selling prices. - FY2024-Q3MitigatedAnnual report
「The company worked to improve profitability by appropriately reflecting in selling prices the increases in raw material prices and energy costs, particularly electricity and gas, as well as the resulting increases in manufacturing and transportation costs.」
Although raw material, energy and transportation costs continue to rise, the company is seeking to improve earnings by reflecting these increases in selling prices. - FY2024-Q2RestatedAnnual report
「The company worked to improve profitability by appropriately reflecting in selling prices the increases in raw material prices and energy costs, particularly electricity and gas, as well as the resulting increases in manufacturing and transportation costs.」
As raw material, energy and transportation costs continue to rise, the company continues to reflect these increases in selling prices. - FY2024-Q1MitigatedAnnual report
「The company worked to improve profitability by appropriately reflecting in selling prices the increases in raw material prices and energy costs, particularly electricity and gas, as well as the resulting increases in manufacturing and transportation costs.」
Raw material, energy and transportation costs continue to rise, but the company is seeking to improve earnings by reflecting these increases in selling prices. - FY2023RestatedAnnual report
「In terms of costs, procurement prices for the raw materials used in cross-linked polyethylene pipes, a major product, have risen. In addition, higher logistics costs and other factors are affecting the balance of income and expenses.」
The company has reaffirmed that higher raw material procurement prices and logistics costs are affecting the balance of income and expenses. - FY2022WorsenedAnnual report
「In terms of costs, procurement prices for the raw materials used in cross-linked polyethylene pipes, a major product, have risen. In addition, higher logistics costs and other factors are affecting the balance of income and expenses.」
The company has explicitly stated that higher raw material procurement prices and logistics costs are affecting the balance of income and expenses. Transportation expenses included in selling expenses increased from ¥955 million in the previous fiscal year to ¥1,033 million. - FY2021WorsenedAnnual report
「At the same time, due to rising consumption of resources and energy in emerging markets, prices for key raw materials are expected to remain high, while rising labor and logistics costs are also expected to make the earnings environment challenging.」
In addition to raw material prices, labor and logistics costs continue to rise, and the challenging earnings environment is expected to persist. - FY2020-Q3WorsenedAnnual report
「Although copper prices, a major raw material, were lower year on year, labor costs, transportation costs and other expenses continued to rise, making the business environment increasingly challenging.」
Although lower copper prices are a positive factor, labor and transportation costs continue to rise. In addition to the previously identified increase in transportation costs, labor costs have also been explicitly identified as a factor pressuring earnings, indicating that business conditions have become more challenging. - FY2020-Q2RestatedAnnual report
「Although the price of copper, a major raw material, was trending lower against a backdrop of slowing economic growth in China, the challenging business environment continued due to higher transportation costs and other factors.」
While indicating a declining trend in copper prices, the company has reaffirmed that challenging business conditions, including higher transportation costs, continue. - FY2020-Q1RestatedAnnual report
「Although the price of copper, a major raw material, was trending downward against a backdrop of slowing economic growth in China, the challenging business environment continued due to higher transportation costs and other factors.」
The company has reaffirmed that challenging business conditions, including higher transportation costs, continue. - FY2019WorsenedAnnual report
「At the same time, due to rising consumption of resources and energy in emerging markets, prices for key raw materials are expected to remain high, while improving employment conditions are also driving up labor and logistics costs, making the earnings environment challenging.」
In addition to high raw material prices, the company has explicitly identified rising labor and logistics costs as factors putting pressure on earnings. - FY2019-Q3First statedAnnual report
「New housing starts, which are relevant to our Group's businesses, continued to decline year on year, while the business environment became increasingly challenging due to persistently elevated copper and resin prices, higher transportation costs and other factors.」
The company has explicitly identified higher transportation costs for the first time as a factor contributing to deteriorating business conditions, alongside the decline in housing starts and persistently high raw material prices.