Pressure on Character Entertainment earnings from higher freight and related costs
First written in FY2018-Q3. 16 of 31 entries say "Worsened", first in FY2019. Latest entry: 2026-10-14.
Sk Japan moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 18 of 26 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Packaging and shipping expenses 266,765 490,853」
Packaging and shipping expenses increased from ¥266.765 million in the same period of the previous year to ¥490.853 million, an increase in expenses of ¥224.088 million. - 2026-07-14WorsenedEarnings
「Packing and transportation expenses 127,185 186,496」
Packing and transportation expenses increased from ¥127.185 million in the same period of the previous year to ¥186.496 million, increasing the transportation cost burden. - FY2026WorsenedAnnual report
「Packaging and transportation expenses increased (up ¥96 million from ¥505 million to ¥601 million)」
Packaging and transportation expenses increased by ¥96 million year on year to ¥601 million, again increasing the full-year cost burden from freight expenses. - 2026-04-14WorsenedRevision of earnings forecasts
「Packing and transportation expenses 505,476 601,745」
Packing and transportation expenses increased from ¥505.476 million in the previous fiscal year to ¥601.745 million, increasing the cost burden from transportation. - FY2026-H1WorsenedAnnual report
「Packaging and transportation expenses 249,295 266,765」
Packaging and transportation expenses for the six-month period increased from ¥249.295 million in the same period of the previous year to ¥266.765 million, increasing the year-on-year cost burden from freight expenses. - FY2025WorsenedAnnual report
「Packaging and transportation expenses 445,526 505,476」
Packaging and transportation expenses increased from ¥445.526 million in the previous year to ¥505.476 million, again increasing the full-year cost burden from freight expenses. - FY2025-H1Packaging and transportation expenses continued to increase year on yearAnnual report
「Packaging and transportation expenses 215,579 249,295」
Packaging and transportation expenses increased from ¥215.579 million in the same period of the previous year to ¥249.295 million, increasing the year-on-year freight cost burden. - FY2025-Q1Packing and freight expenses increased year on yearAnnual report
「Packaging and transportation expenses 102,666 114,205」
Packaging and transportation expenses for the cumulative first quarter increased from ¥102.666 million in the same period of the previous year to ¥114.205 million, increasing the year-on-year freight cost burden. - FY2024MitigatedAnnual report
「Packaging and transportation expenses 462,943 445,526」
Packaging and transportation expenses decreased from ¥462.943 million in the previous year to ¥445.526 million, easing the year-on-year cost burden from freight expenses. - FY2024-Q3MitigatedAnnual report
「Packing and freight expenses 346,135 321,032」
Cumulative packing and freight expenses for the third quarter decreased from ¥346.135 million in the same period of the previous year to ¥321.032 million, easing the year-on-year cost burden from transportation expenses. - FY2024-Q2MitigatedAnnual report
「Packing and freight expenses 218,939 215,579」
Cumulative packing and freight expenses for the second quarter decreased from ¥218.939 million in the same period of the previous year to ¥215.579 million, easing the year-on-year cost burden from transportation expenses. - FY2024-Q1MitigatedAnnual report
「Packing and freight expenses 106,330 102,666」
Packing and freight expenses decreased from ¥106.330 million in the same period of the previous year to ¥102.666 million, easing the year-on-year cost burden from transportation expenses. - FY2023WorsenedAnnual report
「SG&A expenses were ¥1,747 million, compared with ¥1,527 million in the previous consolidated fiscal year, an increase of ¥220 million. The main factor was a ¥122 million increase in packaging and transportation expenses, from ¥340 million to ¥462 million.」
Packing and freight expenses rose by ¥122 million year on year to ¥462 million, increasing the full-year pressure on profit from transportation costs and other factors. - FY2023-Q3WorsenedAnnual report
「Packing and freight expenses 240,324 346,135」
Cumulative packing and freight expenses for the third quarter increased from ¥240.324 million in the same period of the previous year to ¥346.135 million, increasing the transportation cost burden year on year. - FY2023-Q2WorsenedAnnual report
「Packing and freight expenses 155,031 218,939」
Cumulative packing and freight expenses for the second quarter increased from ¥155.031 million in the same period of the previous year to ¥218.939 million, increasing the transportation cost burden. - FY2023-Q1WorsenedAnnual report
「Packing and freight expenses 78,812 106,330」
Packing and freight expenses in the first quarter increased from ¥78.812 million in the same period of the previous year to ¥106.330 million, increasing the year-on-year cost burden from transportation expenses. - FY2022WorsenedAnnual report
「Selling, general and administrative expenses were ¥1,527 million (compared with ¥1,430 million in the previous consolidated fiscal year), an increase of ¥96 million. The main factors included an increase in packing and freight expenses, which rose by ¥54 million from ¥286 million to ¥340 million.」
Packing and freight expenses rose by ¥54 million year on year to ¥340 million, causing the full-year burden of transportation costs and other factors on selling, general and administrative expenses to increase again. - FY2022-Q3WorsenedAnnual report
「Packing and freight expenses 214,132 240,324」
Cumulative packing and freight expenses for the third quarter increased from ¥214.132 million in the same period of the previous year to ¥240.324 million, increasing the transportation cost burden year on year. - FY2022-Q2Packing and freight expenses increased year on yearAnnual report
「Packing and freight expenses 146,139 155,031」
Cumulative packing and freight expenses for the second quarter increased from ¥146.139 million in the same period of the previous year to ¥155.031 million. - FY2021MitigatedAnnual report
「SG&A expenses were ¥1,430 million, compared with ¥1,590 million in the previous consolidated fiscal year, a decrease of ¥159 million. The main factor was a ¥59 million decrease in packaging and transportation expenses, from ¥345 million to ¥286 million.」
Packing and freight expenses decreased by ¥59 million, easing the full-year pressure on profit from transportation costs and other factors. - FY2021-Q3MitigatedAnnual report
「Packing and freight expenses 255,515 214,132」
Cumulative packing and freight expenses for the third quarter decreased from ¥255.515 million in the same period of the previous year to ¥214.132 million, easing the year-on-year pressure on profit from transportation costs. - FY2021-Q2MitigatedAnnual report
「Packing and freight expenses 176,417 146,139」
Cumulative packing and freight expenses for the second quarter decreased from ¥176.417 million in the same period of the previous year to ¥146.139 million, easing the year-on-year pressure on profit from transportation costs. - FY2020MitigatedAnnual report
「Packing and freight expenses 348,712 345,463」
Full-year packing and freight expenses decreased from ¥348.712 million in the previous fiscal year to ¥345.463 million, easing the transportation cost burden that had previously been increasing. - FY2020-Q3Packing and freight expenses increased slightly year on yearAnnual report
「Packing and freight expenses 255,098 255,515」
Cumulative packing and freight expenses for the third quarter increased from ¥255.098 million in the same period of the previous year to ¥255.515 million. - FY2020-Q2Packing and freight expenses increased year on yearAnnual report
「Packing and freight expenses 173,911 176,417」
Cumulative packing and freight expenses for the second quarter increased from ¥173.911 million in the same period of the previous year to ¥176.417 million. - FY2020-Q1WorsenedAnnual report
「In the Character and Fancy Goods business, some established character lines struggled somewhat, but sales of game-related character products such as Pokémon, Kirby and Dragon Quest remained strong, as did sales of bath balls containing figurines. As a result, revenue was ¥438 million, up 1.3% year on year, but the business recorded an operating loss of ¥17 million because of higher selling, general and administrative expenses and other factors, compared with operating profit of ¥22 million in the same quarter of the previous year.」
Continued increases in selling, general and administrative expenses squeezed profits, resulting in an operating loss in the character and fancy goods business. - FY2019WorsenedAnnual report
「Selling, general and administrative expenses were ¥1,473 million (compared with ¥1,332 million in the previous consolidated fiscal year), an increase of ¥141 million. The main factor was an increase in packing and freight expenses, which rose by ¥58 million from ¥290 million to ¥348 million.」
Packing and freight expenses rose by ¥58 million year on year to ¥348 million, showing that higher transportation costs and other factors continued to increase for the full fiscal year. - FY2018MaterialisedAnnual report
「Selling, general and administrative expenses were ¥1,332 million (compared with ¥1,233 million in the previous consolidated fiscal year), an increase of ¥98 million. The main factor was an increase in packing and freight expenses, which rose by ¥45 million from ¥244 million to ¥290 million.」
Higher transportation costs and other factors were also confirmed for the full fiscal year, with packing and freight expenses increasing by ¥45 million. - FY2018-Q3First statedAnnual report
「As a result of strengthening its OEM product initiatives for major chain stores, revenue was ¥2,332 million, up 6.9% year on year, but operating profit was ¥153 million, down 3.5% year on year, due to higher transportation costs and other factors.」
Higher transportation costs and other factors were explicitly identified for the first time as a cause of the 3.5% year-on-year decline in operating profit in the character entertainment business.