Cost increases driven by surging raw material, logistics and other costs
First written in FY2023-Q1. 5 of 12 entries say "Worsened", first in FY2023-Q2. Latest entry: FY2026.
Yorozu 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: 64 of 103 companies on the "Worse" side.
45 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Persistently high energy, raw material and logistics costs are weighing on corporate earnings.」
Persistently high energy, raw material and logistics costs continued and were cited as actual external factors weighing on corporate earnings. - 2026-05-15MitigatedRevision of earnings forecasts
「Recovery of inflation-related costs, primarily in the Japan segment」
The recovery of inflation-related costs was cited as a factor behind higher revenue and earnings, indicating that part of the rising costs had been recovered. - FY2025MaterialisedAnnual report
「Operating profit was affected by persistently high energy costs, higher labour costs and increased costs for launching new vehicles, although」
Higher energy and labour costs, together with increased costs for launching new vehicles, actually exerted downward pressure on operating profit. - FY2025-H1WorsenedAnnual report
「Although the global economy during the current interim consolidated accounting period showed signs of a gradual recovery, uncertainty about the outlook continued due to global inflation, including prolonged elevated raw material and logistics costs, and sharp fluctuations in exchange rates and stock markets.」
In addition to persistently high raw material and logistics costs and global inflation, sharp fluctuations in exchange rates and stock markets have continued, expanding cost and external-environment risks. - FY2024MaterialisedAnnual report
「Operating profit was affected by persistently high energy costs, higher labour costs and increased costs for launching new vehicles, although」
Higher energy and labour costs and increased costs for launching new vehicles were cited as factors that actually affected operating profit. - FY2024-Q3WorsenedAnnual report
「During the cumulative third quarter under review, prices remained high due to concerns about a downturn in overseas economies resulting from monetary tightening, sharp exchange-rate fluctuations, the prolonged situation in Ukraine, and rising international conflict risks. Although socioeconomic activity continued to normalize, the outlook remained uncertain.」
Amid continued inflation, including persistently high raw material and energy prices, cost and external-environment risks have continued and expanded, including monetary tightening, sharp exchange-rate fluctuations and heightened risks from international conflicts. - FY2024-Q2WorsenedAnnual report
「During the cumulative second quarter under review, the global economy continued to show signs of recovery, but concerns persisted about the impact on economic conditions of persistently high raw-material and energy costs, the resulting global inflation, rising labor costs, developments in monetary policy in various countries, uncertainty surrounding the Chinese economy, and the escalation of international conflicts.」
In addition to elevated raw material and logistics costs, higher energy and labour costs, uncertainty about the Chinese economy and the expansion of international conflicts were identified as factors of concern, broadening the range of cost and external-environment risks. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, the global economy showed signs of recovery, but concerns persisted about the impact on economic conditions of persistently high raw-material and logistics costs, the resulting global inflation, and monetary tightening in various countries.」
Elevated raw material and logistics costs, together with the resulting global inflation, continue to be cited as factors of concern for the economy. - FY2023RestatedAnnual report
「In the automotive industry, resource and raw material prices, including energy prices, remain elevated,」
Resource and raw material prices, including energy prices, have remained elevated. - FY2023-Q3RestatedAnnual report
「Meanwhile, tight semiconductor supply and demand, higher raw material, logistics and other costs due to the prolonged situation in Ukraine, ongoing global inflation, monetary policies in various countries in response to inflation, and China's policy shift regarding COVID-19 have contributed to continued uncertainty about the economic outlook.」
Factors driving higher costs, including elevated raw material and logistics costs and global inflation, continue to be cited as sources of uncertainty in the business environment. - FY2023-Q2WorsenedAnnual report
「Meanwhile, in addition to tight supply and demand for semiconductors, the ongoing global inflation and the prolonged situation in Ukraine have pushed up raw material, logistics and other costs, and the economic outlook remains uncertain.」
In addition to the previously cited increases in raw material and logistics costs, the disclosure now explicitly cites global inflation and tight semiconductor supply and demand, indicating that uncertainty factors including rising costs have continued and expanded. - FY2023-Q1First statedAnnual report
「Meanwhile, in addition to the semiconductor supply shortage and lockdowns in China, the prolonged situation in Ukraine has caused raw material, logistics and other costs to rise, and the economic outlook remains uncertain.」
It identifies for the first time the rise in raw material, logistics and other costs associated with the prolonged situation in Ukraine as an independent cost factor that could affect the economic outlook and business profitability.