Rising Costs Due to Labor Shortages and Higher Raw Material Prices
First written in FY2017. 9 of 21 entries say "Materialised", first in FY2021. Latest entry: 2026-10-09.
Tiemco moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 64 of 102 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- 2026-10-09MaterialisedEarnings
「For spring and summer products, sales of some spring apparel, particularly jackets, struggled due to higher selling prices resulting from increased costs for breathable waterproof fabrics,」
Higher costs for breathable waterproof fabrics actually appeared as higher selling prices and weak sales of spring apparel. - FY2026-H1MaterialisedAnnual report
「Meanwhile, the gross profit margin declined slightly due in part to the weaker yen and the significant increase in purchase costs.」
Yen depreciation and higher procurement costs materialised in a decline in the gross profit margin, and the impact of rising costs continues. - FY2025-H1MaterialisedAnnual report
「The segment profit (operating profit) was ¥22 million, down 48.9% year on year, also affected by the decline in the gross profit margin resulting from higher procurement costs.」
Higher procurement costs materialised in a decline in the fishing business's gross profit margin and a 48.9% year-on-year decrease in segment profit. - FY2024MaterialisedAnnual report
「During the fiscal year, net sales in both the fishing and outdoor businesses fell below the previous fiscal year's levels. In addition, the gross profit margin declined due to the impact of higher procurement costs resulting from yen depreciation and other factors.」
Higher procurement costs due to yen depreciation and rising raw material prices, among other factors, materialised in a decline in the gross profit margins of both businesses. - FY2024-Q2MaterialisedAnnual report
「Operating income was ¥17 million, down 85.8% year on year, due in part to a lower gross profit margin resulting from higher purchase costs caused by the weaker yen and rising prices.」
Higher procurement costs due to yen depreciation and rising prices have materialised in a decline in the gross profit margin and a substantial decrease in operating profit, and the impact of cost inflation risks continues. - FY2024-Q1RestatedAnnual report
「The outlook for the economy remained uncertain due to the continuing instability in Ukraine, as well as rising prices and the ongoing depreciation of the yen.」
Concerns over the cost environment, including rising prices and continued yen depreciation, persist. - FY2023RestatedAnnual report
「The Company continues to face a challenging environment, with rising raw material and logistics costs, among others, due to global inflation and the impact of yen depreciation.」
Inflation, yen depreciation, and rising raw material and logistics costs continue to be cited as factors contributing to a challenging cost environment. - FY2023-Q2WorsenedAnnual report
「In the fishing business, sales struggled overall during the second quarter due in part to the backlash from increased demand for fishing as an outdoor activity that avoided the Three Cs during the COVID-19 pandemic, as well as restraint in purchases following price increases caused by higher costs and the weaker yen.」
Price increases resulting from higher costs and yen depreciation led consumers to hold back on purchases, and the impact of rising costs has materialised in weak sales. - FY2023-Q1WorsenedAnnual report
「During the cumulative first quarter period (from 1 December 2022 to 28 February 2023), progress was made in balancing COVID-19 containment with economic activity, but the outlook for the economy remained uncertain because of the continuing instability surrounding Ukraine and rising prices.」
In addition to the previously cited concerns over rising raw material and logistics costs, continued price increases were indicated as part of the external environment. - FY2022MaterialisedAnnual report
「Although the spread of the novel coronavirus, sharp foreign-exchange movements and increases in raw-material prices and logistics costs continue to create a challenging business environment, we aim to build an internal organization capable of withstanding these conditions and secure stable earnings.」
Sharp foreign exchange movements and rising raw material and logistics costs continued to be cited as factors contributing to the challenging cost environment during the fiscal year. Procurement results also confirmed higher procurement costs due to yen depreciation and surging logistics expenses. - FY2022-Q3WorsenedAnnual report
「Economic conditions remained uncertain due to the sharp depreciation of the yen and higher costs across various industries caused by surging crude oil prices.」
Rapid yen depreciation and surging crude oil prices were indicated as additional concerns in the cost environment, alongside the previously cited labour shortages and rising raw material prices. - FY2022-Q1WorsenedAnnual report
「Uncertainty weighing on the economy continued, due to manufacturing delays caused by semiconductor shortages, higher costs across various industries resulting from surging crude oil prices, and the reissuance of priority preventive measures to contain the spread of COVID-19, mainly the Omicron variant, from late January onward.」
In addition to the previously cited labour shortages and rising raw material prices, higher costs across various industries due to surging crude oil prices were indicated. The range of factors driving costs higher has expanded. - FY2021MaterialisedAnnual report
「The gross profit margin declined slightly due to the relatively weaker yen and rising raw material prices, among other factors.」
The trend toward yen depreciation and rising raw material prices were reflected in an actual decline in the gross profit margin of the fishing business. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter period, the Japanese economy was affected by the spreading impact of the slowdown in the Chinese economy and IT-related industries, while labour shortages and the resulting surge in personnel expenses weighed on business sentiment.」
Labour shortages and the resulting surge in personnel expenses continue to be cited as factors weighing on business sentiment. - FY2018WorsenedAnnual report
「Concerns such as higher personnel expenses due to the slowing Chinese economy and worsening labour shortages, as well as uncertainty over the outlook for US trade policy, weighed on business sentiment.」
The previously cited increase in personnel expenses due to labour shortages was described this time as resulting from "worsening labour shortages," indicating heightened concerns over rising costs. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter period, the Japanese economy saw a moderate recovery in demand, supported by resilient production activity at major companies and personal consumption. However, concerns including rising crude oil prices, higher labor costs caused by labor shortages and growing caution over protectionism weighed on business sentiment.」
Higher personnel expenses due to labour shortages continue to be cited as a factor driving costs higher, while rising crude oil prices are also indicated as a concern. - FY2018-Q2WorsenedAnnual report
「During the cumulative second quarter period, the Japanese economy saw a moderate recovery in demand, supported by resilient production activity at major companies and personal consumption. However, concerns including rising crude oil prices, higher labor costs caused by labor shortages and growing caution over protectionism weighed on business sentiment.」
In addition to the previously cited increase in personnel expenses due to labour shortages, rising crude oil prices were identified as a factor driving costs higher. - FY2018-Q1RestatedAnnual report
「Concerns such as uncertainty over US trade policy, the yen's appreciation and higher labour costs due to tight labour supply and demand weighed on business sentiment.」
Higher labour costs resulting from tight labour supply and demand continue to be cited as a concern in the operating environment. - FY2017First statedAnnual report
「Concerns remain, including higher personnel expenses due to labour shortages and higher costs resulting from rising raw material prices.」
Higher personnel expenses due to labour shortages and higher costs resulting from rising raw material prices were identified for the first time as concerns in the operating environment.