Pressure on Profits from Soaring Resource Prices and Outsourcing Costs
First written in FY2022-Q2. 5 of 9 entries say "Restated". Latest entry: FY2026-H1.
Nishikawa Keisoku moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim accounting period, there were no new matters relating to the business or accounting information described in this interim report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including margin pressure from higher resource prices and outsourcing costs. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no new matters relating to the business or accounting information described in this interim report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including margin pressure from higher resource prices and outsourcing costs. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new matters relating to the business or accounting information described in this quarterly report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including margin pressure from higher resource prices and outsourcing costs. - FY2024-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new matters relating to the business or accounting information described in this quarterly report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including margin pressure from higher resource prices and outsourcing costs. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new matters relating to the business or accounting information described in this quarterly report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including margin pressure from higher resource prices and outsourcing costs. - FY2023-Q2MaterialisedAnnual report
「During the cumulative second quarter, demand for capital investment in corporate research and development and quality inspection remained firm, and revenue increased 4.6% year on year to ¥13,981 million. However, selling, general and administrative expenses increased due to higher personnel expenses and other expenses resulting from rising prices, resulting in operating income of ¥884 million, down 3.9%, and ordinary income of ¥932 million, down 2.4%.」
Higher personnel expenses and other expenses resulting from rising prices have translated into increased selling, general and administrative expenses and declines in operating income and ordinary income. - FY2023-Q1MaterialisedAnnual report
「Profit declined due to lower revenue and higher costs resulting from increased outsourcing expenses and raw material prices, with operating income of ¥22 million, down 92.3% year on year, ordinary income of ¥38 million, down 87.2%, and quarterly net income of ¥18 million, down 91.1%.」
Higher costs resulting from increased outsourcing expenses and raw material prices have translated into a factor behind the decline in profit. - FY2022-Q3MaterialisedAnnual report
「Profit was lower than in the previous fiscal year, with operating income of ¥1,768 million, down 8.8% year on year, ordinary income of ¥1,804 million, down 9.4%, and quarterly net income of ¥954 million, down 30.7%, mainly due to higher resource prices and outsourcing costs and the recognition of a provision for construction losses.」
Higher resource prices and outsourcing costs, together with the recognition of a provision for construction losses, are cited as factors behind the decline in profit, with operating income, ordinary income and quarterly net income all below the same period of the previous year. - FY2022-Q2First statedAnnual report
「In terms of profit, the gross margin declined due to higher resource prices and outsourcing costs, while operating income amounted to ¥920 million, down 15.0% year on year, and ordinary income to ¥955 million, down 16.2%.」
Higher resource prices and outsourcing costs have translated into a lower gross profit margin and declines in operating income and ordinary income.