Higher Shipping and Support Costs and Lower Gross Margin Due to Increased Overseas Sales
First written in FY2018. 4 of 7 entries say "Mitigated", first in FY2019. Latest entry: FY2023-Q1.
No other company in this theme has enough history to compare yet.
- FY2023-Q1MitigatedAnnual report
「Research and development investment has continued at a certain level in line with revenue growth, while profitable domestic sales also continued from the previous period and increased year on year.」
Growth in profitable domestic sales increased segment profit for Mobile Network Solution by 20.1% year on year, indicating that the improvement in profitability is continuing. - FY2022MitigatedAnnual report
「In addition to revenue increasing by ¥491.988 million from the previous consolidated fiscal year, gross profit increased as sales of test systems for research and development of 5G-compatible base stations and contracted testing services continued to perform steadily in the domestic market.」
Sales of 5G-compatible test systems and contracted testing services remained steady in Japan, and gross profit increased by ¥886.998 million year on year. - FY2022-Q3RestatedAnnual report
「Research and development investment has continued at a certain level in line with revenue growth, but gross profit increased as software products accounted for a higher proportion of domestic sales, substantially improving profitability.」
It continues to cite higher gross profit and improved profitability resulting from the increased sales mix of software products, as in the previous quarter. - FY2022-Q2MitigatedAnnual report
「Research and development investment has continued at a certain level in line with revenue growth, but gross profit increased as software products accounted for a higher proportion of domestic sales, substantially improving profitability.」
It explains that the higher proportion of software products in domestic sales increased gross profit and substantially improved the profitability of the Mobile Network Solution segment. - FY2020RestatedAnnual report
「In addition to revenue increasing by ¥601.118 million from the previous consolidated fiscal year, gross profit increased as a result of continued sales of test systems for research and development of 5G-compatible base stations, the provision of testing services, and the start of overseas sales of 5G-related products.」
It states that gross profit increased due to 5G product sales, testing services and the start of overseas sales. - FY2019MitigatedAnnual report
「Gross profit for the consolidated fiscal year was ¥1,835.558 million, an increase of ¥495.422 million from the previous consolidated fiscal year. In addition to revenue increasing by ¥294.679 million from the previous consolidated fiscal year, gross profit increased as a result of cost reductions and the sale of a new test system for research and development of base stations compatible with 5G.」
Gross profit increased by ¥495.422 million year on year due to cost reductions and sales of new 5G-compatible products, with improvements cited as a factor mitigating the pressure on costs and profit margins from increased overseas sales noted in the previous period. - FY2018First statedAnnual report
「Although revenue increased from the previous consolidated fiscal year, the substantial increase in overseas sales led to higher shipping and support costs, resulting in a 10.4 percentage-point decline in the gross profit margin.」
It explains that shipping and support costs increased with a substantial rise in overseas sales, causing the gross profit margin to decline by 10.4% despite higher revenue.