Increase in Selling, General and Administrative Expenses Due to Higher Logistics Costs
First written in FY2018-Q1. 19 of 30 entries say "Restated". Latest entry: FY2027-H1.
Echo Trading moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 18 of 26 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「In addition to higher purchase prices, costs including logistics expenses continue to rise. Although the Company is working to pass these cost increases on to selling prices, it has not yet achieved sufficient pass-through for the various cost increases, which is causing the gross profit margin to decline and operating profit to deteriorate.」
Rising logistics and other costs and insufficient price pass-through are causing the gross profit margin to decline and operating profit to deteriorate, and the risk of higher logistics costs has materialized in business performance. - 2026-10-09WorsenedEarnings
「これらのコスト上昇に対して販売価格への転嫁を進めておりますが、様々なコスト上昇分に対して十分な転嫁には至っておらず、売上総利益率の低下や営業利益の悪化要因となっております。」
コスト上昇への価格転嫁が不十分で、売上総利益率の低下と営業利益悪化につながっていると記載している。 - 2026-10-06Materialisedfinance.yahoo.co.jp
「Although sales are expected to reach ¥55.064 billion, exceeding the previous forecast, the company was unable to fully pass on increases in costs such as purchase prices and logistics expenses to selling prices. This reduced the gross profit margin and became a factor pushing down operating profit.」
The risk of higher costs, including logistics expenses, materialized by weighing on the gross profit margin and operating profit forecast despite the sales outlook exceeding the previous forecast. - FY2026-H1RestatedAnnual report
「The operating environment surrounding the pet market remains challenging, due to increases in labor, raw material and logistics costs, as well as price competition at each level of the distribution chain」
The challenging environment caused by increases in labor, raw material and logistics costs and price competition at each level of the distribution chain is reaffirmed. - FY2025RestatedAnnual report
「The pet industry has continued to expand, driven by growth in high-value-added products resulting from greater awareness of safety, security and health, as well as price revisions. However, the operating environment surrounding the pet market remains challenging due to the declining number of dogs kept as pets, growing consumer frugality amid various price increases, and rising costs including labor and logistics expenses.」
The challenging business environment, including increases in labor and logistics costs, continues to be cited. - FY2025-Q1RestatedAnnual report
「In the pet industry, the number of dogs kept as pets continues to decline, purchase prices continue to rise due to higher crude oil and raw material prices, personnel costs continue to increase due to labor shortages, and various other costs, including electricity and delivery costs, continue to rise, leaving the business environment surrounding the pet market challenging.」
The challenging business environment, including increases in labor and delivery costs, and the risk of rising logistics costs continue to be cited. - FY2024-Q3RestatedAnnual report
「In the pet industry, the number of dogs kept as pets continues to decline, purchase prices continue to rise due to higher crude oil and raw material prices, personnel costs continue to increase due to labor shortages, and various other costs, including electricity and delivery costs, continue to rise, leaving the business environment surrounding the pet market challenging.」
The continued increase in various costs, including delivery costs, is reaffirmed as a factor contributing to the challenging business environment. - FY2024-Q2RestatedAnnual report
「In the pet industry, the number of dogs kept as pets continues to decline, purchase prices continue to rise due to higher crude oil and raw material prices, personnel costs continue to increase due to labor shortages, and various other costs, including electricity and delivery costs, continue to rise, leaving the business environment surrounding the pet market challenging.」
The continued increase in various costs, including delivery costs, is reaffirmed as a factor contributing to the challenging business environment. - FY2024-Q1WorsenedAnnual report
「In the pet industry, the number of dogs kept as pets continues to decline, purchase prices continue to rise due to higher crude oil and raw material prices, personnel costs continue to increase due to labor shortages, and various other costs, including electricity and delivery costs, continue to rise, leaving the business environment surrounding the pet market challenging.」
It is explicitly stated that, in addition to rising logistics costs, various other costs, including electricity and delivery costs, continue to increase. - FY2023-Q3RestatedAnnual report
「The pet industry continues to face a challenging operating environment, including higher procurement costs due to soaring crude oil and raw material prices, uncertainty over the supply of overseas products, and rising labor and logistics costs due to labor shortages.」
The challenging business environment caused by crude oil and raw material prices, uncertainty over the supply of overseas products, labor shortages, and rising labor and logistics costs continues to be cited. - FY2023-Q2RestatedAnnual report
「The pet industry continues to face a challenging environment, including higher procurement costs due to soaring crude oil and raw material prices, uncertainty over the supply of overseas products, intensifying price competition within the industry, and rising labor and logistics costs.」
The rise in labor and logistics costs continues to be cited, together with soaring crude oil and raw material prices, uncertainty over the supply of overseas products, and price competition. - FY2023-Q1RestatedAnnual report
「The pet industry continues to face a challenging environment, including higher procurement costs due to soaring crude oil and raw material prices, uncertainty over the supply of overseas products, intensifying price competition within the industry, and rising labor and logistics costs.」
The rise in logistics and labor costs continues to be cited, together with soaring crude oil and raw material prices, uncertainty over the supply of overseas products, and price competition. - FY2022RestatedAnnual report
「Although the number of cats kept as pets increased for the first time in 3 years from fiscal 2018, the number of dogs kept as pets continues to decline. The pet industry is expected to continue facing a challenging operating environment, including slowing growth in the pet market, intensifying price competition within the industry, and increases in labor and logistics costs due to chronic labor shortages.」
The challenging environment caused by price competition, labor shortages, and rising labor and logistics costs continues, along with the response through low-cost operations. - FY2022-Q3RestatedAnnual report
「Although demand expanded due in part to the increase in new pet owners in the previous year, the pet industry continues to face a challenging environment, including higher procurement costs due to soaring raw material prices, intensifying price competition within the industry, and rising labor and logistics costs.」
The challenging business environment caused by increases in raw material prices, price competition, labor costs and logistics costs continues. - FY2022-Q1RestatedAnnual report
「Although demand expanded due in part to the increase in new pet owners in the previous year, the pet industry continues to face a challenging environment, including higher procurement costs due to soaring raw material prices, intensifying price competition within the industry, and rising labor and logistics costs.」
The challenging business environment caused by increases in raw material prices, price competition, labor costs and logistics costs continues. - FY2021-Q3RestatedAnnual report
「Although the impact of COVID-19 on the pet industry was limited, the industry continues to face a challenging environment, including higher procurement costs due to soaring raw material prices, intensifying price competition within the industry, and rising labor and logistics costs.」
The challenging business environment caused by increases in raw material prices, price competition, labor costs and logistics costs continues to be cited. - FY2021-Q2RestatedAnnual report
「Although the impact of COVID-19 on the pet industry was limited, the industry continues to face a challenging environment, including higher procurement costs due to soaring raw material prices, intensifying price competition within the industry, and rising labor and logistics costs.」
The challenging business environment caused by increases in raw material prices, price competition, labor costs and logistics costs continues to be cited. - FY2021-Q1RestatedAnnual report
「Although the impact of COVID-19 on the pet industry was limited, the industry continues to face a challenging environment, including higher procurement costs due to soaring raw material prices, intensifying price competition within the industry, and rising labor and logistics costs.」
The challenging business environment caused by logistics costs, labor costs, raw material prices and price competition continues to be cited. Meanwhile, the impact of COVID-19 on the pet industry is described as limited. - FY2020RestatedAnnual report
「The pet industry continues to face a challenging environment, including higher procurement costs due to soaring raw material prices, intensifying price competition within the industry, and rising labor and logistics costs.」
The increase in raw material prices, price competition, labor costs and logistics costs continues to create a challenging business environment. Meanwhile, measures by the Logistics Reform Office and low-cost operations also continue. - FY2020-Q3RestatedAnnual report
「Against this backdrop, effective 1 March 2019, we newly established the Logistics Reform Office within the Sales Headquarters and are working to contain logistics costs, which account for a high proportion of selling, general and administrative expenses, by promoting advanced levelling across each logistics centre.」
The Logistics Reform Office continues to pursue advanced leveling at logistics centers and control logistics costs. - FY2020-Q2RestatedAnnual report
「Against this backdrop, effective 1 March 2019, we newly established the Logistics Reform Office within the Sales Headquarters and are working to contain logistics costs, which account for a high proportion of selling, general and administrative expenses, by promoting advanced levelling across each logistics centre.」
In response to the rise and persistently high level of logistics costs, the Logistics Reform Office continues to pursue advanced leveling at logistics centers and cost controls. - FY2020-Q1RestatedAnnual report
「Against this backdrop, effective 1 March 2019, we newly established the Logistics Reform Office within the Sales Headquarters and are working to contain logistics costs, which account for a high proportion of selling, general and administrative expenses, by promoting advanced levelling across each logistics centre.」
In response to the rise and persistently high level of logistics costs, the Logistics Reform Office continues to pursue advanced leveling at logistics centers and cost controls. No new material changes to the risk itself have been disclosed. - FY2019WorsenedAnnual report
「Selling, general and administrative expenses were ¥9,534 million, up 1.9% year on year, and operating income was ¥69 million, down 68.7% year on year.」
The increase in delivery costs and labor costs due to the shrinking working-age population became apparent for the full year, resulting in a 1.9% increase in selling, general and administrative expenses and a 68.7% decrease in operating profit. - FY2019-Q3WorsenedAnnual report
「The operating loss was affected by higher logistics costs, including the acceptance of requests to raise delivery charges, and higher personnel expenses due to an increase in the minimum wage, and amounted to ¥77 million, compared with operating income of ¥64 million in the same period of the previous year.」
Higher logistics costs, including the acceptance of requests to raise delivery charges, are cited together with higher personnel expenses due to an increase in the minimum wage as factors behind the operating loss, with the impact on performance described in greater detail. - FY2019-Q2WorsenedAnnual report
「Operating income was affected by higher logistics costs, including the acceptance of requests to raise delivery charges, and amounted to ¥24 million, down 84.7% year on year.」
Higher logistics costs, including the acceptance of requests to raise delivery charges, affected operating income, which fell 84.7% year on year. The impact of higher logistics costs on performance is described in greater detail. - FY2019-Q1RestatedAnnual report
「By dividing the Sales Headquarters into eastern and western Japan, we are further strengthening our ability to respond quickly to the market and business partners and addressing the continuing intensification of price competition in the industry and rising logistics costs.」
Higher logistics costs continue to arise, and the Company is addressing them through the reorganization of the Sales Headquarters. - FY2018WorsenedAnnual report
「A shortage of trucks stemming from the declining working-age population and the expansion of the e-commerce market had a significant impact on delivery costs, resulting in higher logistics costs. Selling, general and administrative expenses were ¥9,359 million, up 3.0% year on year, and operating income was ¥221 million, down 22.0% year on year.」
Higher logistics costs became evident for the full fiscal year against a backdrop of a declining working-age population and a truck shortage. Selling, general and administrative expenses increased 3.0%, while operating income decreased 22.0%. - FY2018-Q1MaterialisedAnnual report
「In addition, due to the decline in selling prices per unit for pet food and pet supplies resulting from consumers’ preference for lower prices and the increase in selling, general and administrative expenses due to higher logistics costs, the operating loss was ¥39 million, compared with an operating loss of ¥21 million in the same period of the previous year.」
Higher logistics costs are cited as a factor behind the actual quarterly loss through their impact on selling, general and administrative expenses. The amount of logistics costs itself is not disclosed.