Komori
Echo Trading (7427) · RiskMaterialised

Risk of deteriorating earnings due to changes in selling prices, purchase prices and trading partners

First written in FY2017. 5 of 9 entries say "Restated". Latest entry: FY2027-H1.

9entries
10years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY20262017: 120172018: 120182019: 120192020: 120202021: 020212022: 120222023: 020232024: 020242025: 020252026: 42026
Same theme, other companies
Sales Volume and Price Volatility Risk for Major ProductsA theme 28 companies write about · 28 as a headwind · 0 as a tailwind

Echo Trading moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).

The whole theme swung hardest in 2018: 10 of 21 companies on the "Worse" side.

5 other companies' latest entry also says "Materialised".

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.
Showing 14 of the 28 companies compared. The sentences above are computed from all 28.
Full recordFilings, disclosures and news, newest first
  1. 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.」

    Insufficient pass-through of increases in purchase prices, logistics expenses, and other costs to selling prices is causing the gross profit margin to decline and operating profit to deteriorate, with the risk of deteriorating profitability becoming evident.
  2. 2026-10-06Materialisedfinance.yahoo.co.jp

    「The consolidated operating profit forecast for the six months through the second quarter was cut from ¥555 million to ¥330 million, down 51.3% year on year.」

    The risk of deteriorating profitability due to changes in selling and purchase prices materialized as an inability to pass on higher purchase costs and a downward revision to the operating profit forecast.
  3. 2026-10-05MaterialisedRevision of earnings forecasts

    「In addition to higher purchase prices, logistics and other costs have continued to rise. Although we are passing these cost increases on to selling prices, the increases have not yet been passed on sufficiently to cover the various cost increases, becoming a factor behind the decline in the gross profit margin and deterioration in operating profit,」

    The insufficient pass-through of higher purchase and other costs to selling prices led to a decline in the gross profit margin and contributed to downward revisions to forecasts for operating profit and other items.
  4. FY2026RestatedAnnual report

    「To reduce these risks, the Group focuses on business activities that contribute to its business partners achieving a No. 1 customer satisfaction rating, while also working to develop and provide high-value-added products.」

    The company continues to address the risks associated with changes in selling prices, purchase prices and settlement counterparties through improved customer satisfaction and the development and provision of high-value-added products.
  5. FY2022RestatedAnnual report

    「The Group focuses on business activities that contribute to its business partners achieving a No. 1 customer satisfaction rating, but if these matters progress beyond expectations, this could affect the Group's operating results.」

    The company continues to disclose the risk of deteriorating profitability from lower selling prices, higher purchase prices and changes in settlement counterparties, along with measures to improve customer satisfaction.
  6. FY2020RestatedAnnual report

    「If reductions in selling prices, increases in purchase prices or changes in settlement counterparties resulting from changes in business partners' operating environments or sales policies progress beyond expectations, this could affect the company's operating results.」

    The company continues to identify the risk of an impact on operating results from lower selling prices, higher purchase prices and changes in settlement counterparties.
  7. FY2019RestatedAnnual report

    「If reductions in selling prices, increases in purchase prices or changes in settlement counterparties resulting from changes in business partners' operating environments or sales policies progress beyond expectations, this could affect the company's operating results.」

    The company continues to identify the risk of an impact on operating results from lower selling prices, higher purchase prices and changes in settlement counterparties.
  8. FY2018RestatedAnnual report

    「If reductions in selling prices, increases in purchase prices or changes in settlement counterparties resulting from changes in business partners' operating environments or sales policies progress beyond expectations, this could affect the company's operating results.」

    The company continues to disclose the risk of deteriorating profitability due to changes in selling prices, purchase prices and settlement counterparties.
  9. FY2017First statedAnnual report

    「If reductions in selling prices, increases in purchase prices or changes in settlement counterparties resulting from changes in business partners' operating environments or sales policies progress beyond expectations, this could affect the company's operating results.」

    For its core wholesale business, the company explicitly identifies the impact on operating results of lower selling prices, higher purchase prices and changes in settlement counterparties as risks.
Moved together

"Increase in Selling, General and Administrative Expenses Due to Higher Logistics Costs" moved the same way as this thread, in the same document, in 3 of its 9 moves.

3★1
  1. ★This thread
  2. 1Increase in Selling, General and Administrative Expenses Due to Higher Logistics Costs3×

★ 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 Echo Trading yet. It last moved in the Revision of earnings forecasts of 2026-10-05: "Materialised".