Cost pressure from higher overseas freight rates
First written in FY2022-Q2. 3 of 4 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 4 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Although cost increases have resulted from soaring utility costs, persistently high aluminum and steel prices and logistics costs, and deteriorating production efficiency due to the expansion of production adjustments caused by parts shortages,」
Persistently high logistics costs continue to be cited as a factor driving costs higher, along with utility costs, raw material prices and deteriorating production efficiency due to parts shortages. - FY2023-Q2RestatedAnnual report
「In terms of profit, although cost-reduction and rationalization initiatives continued, operating income deteriorated by ¥94 million from the same quarter of the previous year, resulting in a loss of ¥69 million due to higher costs accompanying surging utility expenses, persistently high aluminum and steel prices and logistics costs, and deteriorating production efficiency resulting from the spread of production adjustments caused by parts shortages.」
Persistently high logistics costs continue to be cited as a factor driving costs higher and contributing to the operating loss. - FY2022-Q3RestatedAnnual report
「Impact of higher overseas freight rates」
Higher overseas freight rates continue to be cited as a factor behind the operating loss, indicating that cost pressure remains. - FY2022-Q2MaterialisedAnnual report
「Although we have thoroughly pursued cost reduction and internal rationalization initiatives, cost pressure from elevated aluminum and steel prices and higher overseas freight costs continued to affect earnings,」
Higher overseas freight rates were explicitly identified for the first time as an actual cost pressure affecting profits. No impact amount or specific countermeasures were provided.