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Net Protections Holdings (7383) · RiskRestated

Risk of rising costs for postage, collection and related expenses

First written in FY2022. 3 of 6 entries say "Materialised", first in FY2023-Q3. Latest entry: FY2026.

6entries
5years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022MaterialisedFY2024-Q2 – FY20252022: 120222023: 320232024: 020242025: 120252026: 12026
Same theme, other companies
Impact of postal system and postage rate revisions on demand for outsourced DM distributionA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

Net Protections Holdings moved to the "Worse" side of this theme in 2023.

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「If external factors cause costs incurred in the Group's business to rise, the Group will consider measures such as revising service prices. Although the impact of these measures on the Company's profitability is expected to be limited, if the price revisions affect the acquisition of new member merchants or the Group's transaction volume, they may affect the Group's business results and financial position.」

    The company continues to disclose the risk of higher costs for postage, collection services and other items, along with its policy of responding through price revisions.
  2. FY2025MaterialisedAnnual report

    「In response to the postage rate increase implemented in October 2024, the Group revised invoice issuance fees for each service it provides. If external factors cause costs incurred in the Group's business to rise in the future, it will consider measures such as revising service prices.」

    Postage rates actually increased, and the company responded by revising invoice issuance fees for each service. The impact of the price revisions on profitability is expected to be limited.
  3. FY2024-Q2MaterialisedAnnual report

    「Invoice-related expenses increased as a result of higher convenience-store collection agency fees. At the same time, because the unit prices for “invoice issuance and postage” charged to member merchants were revised, both revenue and costs increased.」

    Higher collection agency fees continued to appear as an increase in invoice-related expenses. The company explained that the unit price revision increased both revenue and costs.
  4. FY2024-Q1RestatedAnnual report

    「In response to higher convenience-store collection agency fees, the company revised the unit prices for “invoice issuance and postage” charged to member merchants from September 2022. As a result, operating revenue increased year on year in the first quarter.」

    The company continues to explain that collection agency fees actually increased and that it responded by reviewing the unit prices charged to member merchants.
  5. FY2023-Q3MaterialisedAnnual report

    「In response to higher convenience store payment collection agency costs, the company revised the unit prices for “invoice issuance and postage” charged to merchants from September 2022, resulting in higher operating revenue in the third quarter compared with the third quarter of the previous fiscal year.」

    The company explained that collection agency fees actually increased and that it responded by reviewing the unit prices charged to member merchants. The risk of higher costs materialized, while the increase was passed through to prices.
  6. FY2022First statedAnnual report

    「The Group is working to contain cost increases, including by negotiating with providers of services required to collect receivables from purchasers. If the fees charged by these providers increase, costs incurred in the Group's business may rise, affecting the Group's business results and financial position.」

    The company discloses the risk that costs may increase because of higher fees for invoice postage, collection agency services and other services.
Moved together

"Credit Risk to Merchants and Purchasers" moved the same way as this thread, in the same document, in 3 of its 6 moves.

3322★1234
  1. ★This thread
  2. 1Credit Risk to Merchants and Purchasers3×
  3. 2Risk of an Increase in the Estimated Allowance for Doubtful Accounts3×
  4. 3Performance trend of higher revenue but lower earnings2×
  5. 4Risk of Slower Growth in the E-Commerce Market2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Net Protections Holdings yet.
News
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Risk of rising costs for postage, collection and related expenses | Net Protections Holdings,Inc. (7383) | Komori