Rising Costs of Auxiliary Materials, Freight and Other Items
First written in FY2018-Q1. 2 of 6 entries say "Dropped", first in FY2018. Latest entry: FY2020.
The whole theme swung hardest in 2022: 64 of 103 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2020DroppedAnnual report
「There is also growing cost pressure from surging material costs, making further cost reductions through improved production efficiency essential.」
Higher prices for auxiliary materials, freight and other costs, which had been listed as an independent factor behind the decline in earnings in the previous fiscal year, were not explicitly identified in the current fiscal year's results analysis and have been replaced by wording referring to broad-based cost pressure from higher material costs. - FY2019Re-emerges as a factor behind the decline in earningsAnnual report
「On the earnings side, persistently high brass prices, together with lower sales of high-value-added products and higher prices for ancillary materials and freight, resulted in operating profit of ¥308 million, down ¥172 million, or 35.9%, year on year.」
Higher prices for auxiliary materials, freight and other costs, which were not listed as an independent factor in the previous fiscal year's full-year results, are again listed for the current fiscal year as a factor behind the decline in operating profit, together with the elevated price of brass materials and other factors. - FY2018DroppedAnnual report
「On the earnings side, despite company-wide efforts to improve productivity and reduce costs, the surge in the price of brass materials, the main raw material, and the increased depreciation expense associated with capital investments since the previous fiscal year affected results,」
Higher prices for auxiliary materials, freight and other costs, which had been explicitly identified through the previous quarter, were not listed as an independent factor behind the decline in full-year earnings analysis for the current fiscal year, with the focus shifting to surging brass material prices and higher depreciation expense. - FY2018-Q3RestatedAnnual report
「On the earnings side, although the company focused on reducing manufacturing costs, higher prices for brass materials, its main raw material, together with higher prices for ancillary materials and freight, resulted in operating profit of ¥362 million, down ¥2 million, or 0.7%, year on year, and ordinary profit of ¥383 million, down ¥31 million, or 7.5%.」
Higher prices for auxiliary materials, freight and other costs, together with surging brass material prices, continue to be reflected in actual results as factors behind the 0.7% decline in operating profit and 7.5% decline in ordinary profit. - FY2018-Q2MaterialisedAnnual report
「On the earnings side, in addition to the elevated price of brass materials, the higher prices of auxiliary materials, freight and other costs resulted in operating profit of ¥276 million, a year-on-year decrease of ¥86 million (23.8%), and ordinary profit of ¥287 million, a year-on-year decrease of ¥98 million (25.5%),」
Higher prices for auxiliary materials, freight and other costs, together with the elevated price of brass materials, are reflected in actual results as factors behind the 23.8% decline in operating profit and 25.5% decline in ordinary profit. - FY2018-Q1First statedAnnual report
「On the earnings side, persistently high brass prices, along with higher prices for ancillary materials and freight, resulted in operating profit of ¥182 million, down ¥44 million, or 19.5%, year on year; ordinary profit of ¥183 million, down ¥43 million, or 19.0%; and net profit attributable to owners of the parent of ¥113 million, down ¥18 million, or 13.8%.」
In addition to the elevated price of brass materials, higher prices for auxiliary materials, freight and other costs are disclosed for the first time as factors contributing to the decline in operating profit and other earnings.