Earnings pressure from rising temporary staffing costs
First written in FY2023-Q3. 4 of 5 entries say "Restated". Latest entry: FY2026-H1.
0 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The operating environment surrounding the Group remains uncertain, due mainly to persistently high raw material and energy costs and increases in labor, logistics and other costs.」
Increases in labor and logistics costs are cited as a continuing burden in the operating environment, alongside persistently elevated raw material and energy costs and foreign exchange fluctuations. - FY2025-H1RestatedAnnual report
「The business environment surrounding the Group remained uncertain owing to persistently high raw-material and energy costs, rising labor and logistics costs, sharp exchange-rate fluctuations and other factors.」
Increases in labor and logistics costs, including temporary staffing costs, continue alongside persistently elevated raw material and energy costs and foreign exchange fluctuations. - FY2024RestatedAnnual report
「The business environment surrounding the Group remained uncertain owing to persistently high raw-material and energy costs, rising labor and logistics costs, sharp exchange-rate fluctuations and other factors.」
Increases in labor and logistics costs, including temporary staffing costs, continue to be cited as a burden in the operating environment. - FY2024-Q1RestatedAnnual report
「Although the business environment surrounding the Group was on a recovery track as restrictions on movement related to COVID-19 were eased, the outlook remained uncertain owing to persistently high raw-material and energy costs, rising labor and logistics costs, the prolonged situation in Ukraine, sharp exchange-rate fluctuations and other factors」
Increases in labor and logistics costs, not limited to temporary staffing costs, continue to be cited as a burden in the operating environment. - FY2023-Q3First statedAnnual report
「The operating loss was ¥997 million, compared with operating profit of ¥297 million in the same period of the previous year, due mainly to the significant impact of losses associated with fluctuations in customers' production, soaring raw material and energy market prices, higher temporary labor costs, higher costs of imported products resulting from foreign exchange effects in the Japan segment and other factors, as well as continuing losses in some areas associated with new-vehicle launches and inefficiencies resulting from the concentration of production on specific lines.」
The company identifies soaring temporary staffing costs as a new factor pressuring profitability and states that they affected the ¥997 million operating loss.