Higher personnel and utility costs put pressure on retail profit
First written in FY2023-Q1. 4 of 10 entries say "Materialised", first in FY2023-Q2. Latest entry: 2026-11-05.
Kimura moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
0 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「The opening of Joyful AK Kushiro in July was a positive development, but the costs of opening the store, along with higher selling, general and administrative expenses, including wage increases at existing stores, weighed on profit. As a result, net sales were ¥24.135 billion (up 8.3% from the previous consolidated fiscal year) and operating income was ¥64 million (down 93.4%).」
Due to the costs of opening the Kushiro store and higher selling, general and administrative expenses, including wage increases at existing stores, the decline in retail operating income widened from 50.2% in FY2026-H1 to 93.4% for the full year, despite higher revenue. - 2026-06-04WorsenedGeneral Meeting of Shareholders
「小売事業は、7月にジョイフルエーケー釧路店を開業し明るい話題となった一方、開業費用に加え既存店における賃上げを含めた販売費及び一般管理費の増加等により利益面では押し下げ要因となり、売上高241億35百万円（前連結会計年度比8.3％増）、営業利益64百万円（同93.4％減）となりました。」
釧路店の開業費用と既存店の賃上げを含む販管費増加が通期の小売営業利益を押し下げ、減益幅が前年上期・通期の記載より具体化している。 - FY2026-H1WorsenedAnnual report
「Against this backdrop, the opening of the Joyful AK Kushiro store in July and increases in selling, general and administrative expenses, including higher wages at existing stores, resulted in net sales of ¥12,082 million, up 5.7% year on year, and operating profit of ¥346 million, down 50.2%.」
In addition to the costs of opening the Kushiro store, selling, general and administrative expenses increased, including wage increases at existing stores. Despite higher revenue, retail operating income fell 50.2% year on year. - FY2025-H1MaterialisedAnnual report
「Against this backdrop, the company worked to improve customer satisfaction and differentiate itself from other stores by strengthening its customer service capabilities. However, it was unable to offset higher expenses, including personnel costs, resulting in net sales of ¥11.426 billion (up 1.3% year on year) and operating income of ¥695 million (down 13.7%).」
Higher expenses, including personnel costs, continued to directly pressure profit, and the retail business posted higher revenue but a 13.7% year-on-year decline in operating income. - FY2024-Q3MaterialisedAnnual report
「Competition with other companies in the industry and businesses in other sectors continued to intensify in the home improvement sector. Against this backdrop, the company worked to improve customer satisfaction and differentiate itself from other stores by strengthening its customer service capabilities, but higher expenses, including personnel and utility costs, resulted in net sales of ¥16.925 billion (down 1.0% year on year) and operating income of ¥1.114 billion (down 19.6%).」
Higher personnel, utility and other expenses continued, resulting in lower revenue for the retail business and a 19.6% year-on-year decline in operating income. - FY2024-Q2MaterialisedAnnual report
「Against this backdrop, the company worked to improve customer satisfaction and differentiate itself from other stores by strengthening its customer service capabilities, but higher expenses, including personnel and utility costs, resulted in net sales of ¥11.278 billion (up 0.2% year on year) and operating income of ¥806 million (down 8.6%).」
Higher personnel, utility and other expenses continued, and the retail business posted slightly higher revenue but a 8.6% year-on-year decline in operating income. - FY2023-Q2MaterialisedAnnual report
「Competition with other companies in the industry and businesses in other sectors continued to intensify in the home improvement sector. Against this backdrop, the company worked to improve customer satisfaction and differentiate itself from other stores by strengthening its customer service capabilities, but higher expenses, including personnel and utility costs, resulted in net sales of ¥11.255 billion (up 1.3% year on year) and operating income of ¥881 million (down 7.1%).」
The retail business incurred higher personnel, utility and other expenses. Although revenue increased, operating income fell 7.1% year on year. - FY2023-Q1First statedAnnual report
「Under these circumstances, we worked to improve customer satisfaction and strengthen our customer service capabilities in order to differentiate ourselves from other stores. However, amid rising expenses, including personnel costs and water, electricity and gas expenses, net sales were ¥5,151 million, up 1.0% year on year, and operating profit was ¥403 million, down 6.9%.」
The retail business incurred higher personnel, utility and other expenses. While net sales increased 1.0% year on year, operating income fell 6.9%.