Increases in Scrap, Transportation and Fixed Costs at the U.S. Subsidiary
First written in FY2018-Q2. 8 of 16 entries say "Worsened", first in FY2022-Q1. Latest entry: 2026-05-14.
Sanoh Industrial moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2023: 8 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2025MitigatedAnnual report
「Operating profit amounted to ¥1,744 million, up 1.6% from the previous fiscal year, as the effects of passing higher costs on to prices in the previous fiscal year, together with the easing of inflationary pressures and improved operating conditions accompanying stable production, more than offset the recognition of temporary expenses.」
In North and South America, the easing of inflationary pressures, the pass-through of higher costs and stable production helped ease the pressure of rising costs on earnings. - FY2024-Q2MitigatedAnnual report
「In terms of profitability, the effect of passing on higher costs to customers, together with improving operating conditions, led to a significant recovery from last year's operating loss, resulting in operating profit of ¥535 million (operating loss of ¥2.158 billion in the same period of the previous year).」
In North and South America, the operating loss caused by rising costs was eliminated through the pass-through of higher costs and improved operating conditions, resulting in operating profit of ¥535 million. - FY2024-Q1MitigatedAnnual report
「Operating loss narrowed to ¥85 million, compared with an operating loss of ¥900 million in the same period of the previous year, as the benefits of passing higher costs on to prices and improving operating conditions reduced the loss, despite the recognition of temporary expenses.」
In North and South America, the operating loss narrowed from ¥900 million in the same period of the previous year to ¥85 million due to the pass-through of higher costs and improved operating conditions. - FY2023-Q3WorsenedAnnual report
「Operating profit was an operating loss of ¥3,368 million, compared with an operating loss of ¥747 million in the same period of the previous year. This reflected delays in passing on sharp increases in fixed costs, including higher transportation costs, inflation including material costs and higher personnel expenses amid labor shortages, as well as the adverse impact of higher fixed costs associated with production disruptions in North America.」
In North and South America, higher freight and logistics costs, material costs and labor costs were compounded by production disruptions in North America, increasing the burden of fixed costs and the operating deficit. - FY2023-Q2WorsenedAnnual report
「Operating profit was an operating loss of ¥2,172 million, compared with operating profit of ¥188 million in the same period of the previous year. The operating deficit carried over from the second half of the previous fiscal year expanded due to delays in passing on sharp cost increases, including higher transportation costs, inflation including material costs and higher personnel expenses amid labor shortages, in addition to the underlying revenue decline.」
In North and South America, freight and logistics costs, material costs and labor costs continued to rise, and the operating deficit widened due to delays in passing higher costs on to prices. - FY2023-Q1WorsenedAnnual report
「Operating profit was an operating loss of ¥916 million, compared with operating profit of ¥255 million in the same period of the previous year, as the operating deficit carried over from the second half of the previous fiscal year continued due to the underlying revenue decline, disruptions in logistics networks, higher transportation costs, inflation including material costs and higher personnel expenses amid labor shortages.」
Cost pressures in North and South America broadened to disruption in the logistics network and higher freight, material and labor costs, and the operating deficit continued. - FY2022WorsenedAnnual report
「In North and South America, operating loss amounted to ¥1,729 million, compared with operating profit of ¥251 million in the previous fiscal year, due to effectively lower sales, disruption in the logistics network, sharply higher freight costs, inflation including material costs, and higher labor costs resulting from labor shortages.」
Cost pressures in North and South America expanded to disruption in the logistics network and higher freight, material and labor costs, resulting in an operating loss. - FY2022-Q3WorsenedAnnual report
「Operating profit was an operating loss of ¥747 million, compared with an operating loss of ¥387 million in the same period of the previous year, due to disruptions in logistics networks, higher transportation costs, inflation including material costs, higher personnel expenses amid labor shortages and other factors.」
Cost pressures in North and South America broadened from higher freight and material costs to disruption in the logistics network, inflation and higher labor costs due to labor shortages, resulting in a larger operating loss. - FY2022-Q2WorsenedAnnual report
「Although higher freight costs due to disruption in ocean transportation had an impact, operating profit recovered to ¥188 million, compared with an operating loss of ¥954 million in the previous fiscal year, due to higher sales and progress in reducing fixed costs.」
In North and South America, higher freight costs resulting from disruption in ocean transportation emerged as a new cost pressure, but operating profit and loss improved due to higher sales and reductions in fixed costs. - FY2022-Q1WorsenedAnnual report
「Although we worked to contain fixed costs such as labor costs, the impact of lower sales was substantial, and higher freight costs due to a shortage of ocean containers also weighed on results. Operating profit therefore declined to ¥255 million, down 9.4% year on year.」
In North and South America, higher freight costs due to a shortage of ocean containers emerged as a new cost pressure, and operating profit declined despite efforts to contain fixed costs. - FY2020-Q2ReframedAnnual report
「Profit declined due to higher material costs associated with increased import costs and foreign-exchange fluctuations, as well as higher personnel expenses.」
The explanation of higher costs in North and South America has shifted from freight costs and other factors to import costs, material costs affected by foreign exchange movements, and labor costs. - FY2020-Q1ReframedAnnual report
「In North and South America, revenue was ¥1,118.0 million, up 3.4% year on year and broadly in line with the same period of the previous year, while operating profit fell 37.9% to ¥36.9 million due to higher personnel expenses associated with wage increases to secure employees and other factors.」
The factors behind higher costs in North and South America shifted from scrap costs, freight costs and fixed costs to higher labor costs resulting from wage increases to secure personnel. - FY2018-Q3ReframedAnnual report
「Operating profit declined to ¥1,944 million, down 34.4% year on year, as material costs increased at the U.S. and Mexican subsidiaries due to higher material prices and other factors, while fixed costs such as labor costs also increased at the U.S. subsidiary.」
The explanation of higher costs at the U.S. subsidiary shifted from scrap and freight costs cited in the previous quarter to higher material costs due to rising material prices and higher fixed costs. - FY2018-Q2First statedAnnual report
「Operating profit declined to ¥1,616 million, down 34.7% year on year, as the U.S. subsidiary incurred higher scrap and freight costs, as well as higher fixed costs such as labor costs.」
At the U.S. subsidiary, scrap costs, freight costs and fixed costs such as labor costs increased, resulting in an actual decline in operating profit.