Impact on operating profit from the recognition of ESG-related expenses
First written in FY2023-Q3. . Latest entry: FY2026.
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- FY2026Update on the impact of ESG-related expenses for the full year of the 74th fiscal yearAnnual report
「Selling, general and administrative expenses for the consolidated fiscal year decreased 2.6% year on year to ¥6,431 million. Although personnel expenses and other costs increased, mainly in the domestic business, expenses declined in the overseas business.」
Although costs increased due to investments in human resources and improved employee compensation, selling, general and administrative expenses declined 2.6% year on year due to lower expenses in the overseas business. - FY2025Update on the impact of ESG-related expenses for the full year of the 73rd fiscal yearAnnual report
「Selling, general and administrative expenses for the consolidated fiscal year increased 6.8% year on year to ¥6,601 million, mainly due to higher ESG-related expenses, including investments in human resources, and surging ocean freight costs.」
Higher ESG-related expenses, including investments in human resources, emerged as a factor behind the increase in selling, general and administrative expenses for the full year, together with surging ocean freight costs. - FY2024Update on the impact of ESG-related expenses for the full year of the 72nd fiscal yearAnnual report
「The ratio of selling, general and administrative expenses to revenue was 15.8%, down 0.8 percentage points from the same period.」
Selling, general and administrative expenses increased 6.5% year on year to ¥6,182 million, due to higher ESG-related expenses, including investments in human resources, and were identified as a factor behind the decline in operating profit. - FY2023Update on the impact of ESG-related expenses for the full year of the 71st fiscal yearAnnual report
「Consolidated operating profit was ¥2,061 million, down 9.3% year on year, due to lower revenue in the domestic business, higher raw material prices, persistently high ocean freight costs, and increased ESG-related expenses, including investments in human resources.」
Higher ESG-related expenses, particularly investments in human resources, emerged as a factor behind the full-year decline in operating profit, along with raw material and logistics costs and lower domestic revenue. - FY2023-Q3First statedAnnual report
「Consolidated operating profit declined year on year, due to lower domestic sales, the impact of raw material prices and ocean freight costs, and the recognition of ESG-related expenses, among other factors.」
For the first time, the recording of ESG-related expenses, together with lower domestic revenue and the impact of raw material prices and ocean freight costs, was identified as a factor contributing to the year-on-year decline in consolidated operating profit.