Profit pressure from rising raw material, labor and logistics costs
First written in FY2023-Q2. 5 of 6 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2024-Q3.
Anritsu moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 66 of 106 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Against a deterioration in revenue from the communications measurement business, mainly due to weakness in the mobile market, the Group is working to pass through higher raw material prices and cost increases associated with inflation through price increases, while improving operational efficiency.」
The company reconfirmed the continuing environment of cost increases associated with higher raw material prices and inflation and continues to respond by passing costs on to prices and improving operating efficiency. - FY2024-Q2MaterialisedAnnual report
「On the cost side, earnings declined year on year due to the impact of higher sales promotion expenses and logistics costs resulting from stronger sales activities, in addition to higher raw material prices.」
Higher raw material prices, sales promotion expenses, logistics costs and other costs emerged as factors behind lower earnings in the PQA business. - FY2024-Q1MaterialisedAnnual report
「Against a deterioration in revenue from the communications measurement business, mainly due to weakness in the mobile market, the Group is working to pass through higher raw material prices and cost increases associated with inflation through price increases, while improving operational efficiency.」
Cost increases associated with higher raw material prices and inflation have continued and are emerging as external factors contributing to deterioration in profitability in the Communications Measuring Instruments business. The company is responding by passing costs on to prices and improving operating efficiency. - FY2023MaterialisedAnnual report
「The company captured demand for measurement related to higher network speeds at data centers and elsewhere, as well as demand for general-purpose measuring instruments. However, slower growth in the mobile market, increases in fixed costs resulting from higher raw material prices, global inflation, higher labor costs and other factors, and higher sales promotion expenses led to year-on-year declines in both revenue and earnings.」
Higher raw material prices, fixed costs resulting from global inflation and higher labor costs, and higher sales promotion expenses emerged as factors behind the full-year decline in earnings in the Communications Measuring Instruments business. - FY2023-Q3MaterialisedAnnual report
「Revenue increased year on year as the business captured demand for measurement related to higher network speeds at data centers and elsewhere, as well as demand for general-purpose measuring instruments, and benefited from the weaker yen. However, earnings declined year on year due to a temporary slowdown in mobile-market growth, increases in fixed costs resulting from higher raw material prices, global inflation, higher labor costs and other factors, and higher sales promotion expenses.」
Higher raw material prices, increases in fixed costs due to global inflation and higher labor costs, and higher sales promotion expenses emerged as factors behind lower earnings in the Communications Measuring Instruments business. The PQA business also reported lower earnings due to higher component procurement and logistics costs. - FY2023-Q2MaterialisedAnnual report
「On the cost side, earnings declined year on year due to the impact of higher raw material prices, as well as increases in fixed costs and sales promotion expenses resulting from global inflation, higher labor costs and other factors.」
Higher raw material prices, global inflation, labor costs and sales promotion expenses emerged as factors behind lower earnings in the Communications Measuring Instruments business. The PQA business also reported lower earnings due to increases in sales promotion expenses, component procurement costs, logistics costs and other expenses.