Higher selling, general and administrative expenses due to rising electricity costs
First written in FY2023-Q1. 1 of 6 entries say "Dropped", first in FY2024-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2022: 7 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Full-year decline in utilities expensesAnnual report
「Selling, general and administrative expenses were 99.5% of the previous fiscal year's level due to decreases in depreciation and amortization, utilities expenses and other costs,」
Whereas higher utilities expenses were cited as a factor driving up selling, general and administrative expenses in the previous fiscal year, lower water, electricity, gas and heating expenses are cited as a factor reducing them in the current fiscal year. - FY2026-H1Interim utility costs declinedAnnual report
「Selling, general and administrative expenses were 99.3% of the year-earlier level due to decreases in depreciation and amortization, utilities expenses and other costs, although」
Utilities expenses, which were cited as a factor contributing to higher expenses in the previous fiscal year, are cited as a factor contributing to lower expenses for the current interim accounting period. - FY2025Utilities expense increase disclosed againAnnual report
「Selling, general and administrative expenses decreased to ¥9,777 million, or 98.1% of the previous fiscal year's level, despite increases in utilities expenses, depreciation and amortization and other costs, due in part to the impact of costs associated with the opening of the Matsubara store,」
The increase in utilities expenses, which had disappeared from the previous fiscal year's disclosures, is again cited as a factor contributing to higher selling, general and administrative expenses in the current fiscal year. - FY2024-Q1DroppedAnnual report
「SG&A expenses increased to 109.3% of the year-earlier period due to preparations for the opening of the Matsubara store and higher personnel costs, among other factors,」
Electricity costs, which had been disclosed through the previous quarter as a factor contributing to higher selling, general and administrative expenses, were not specifically mentioned in the explanation of factors for the first quarter. Instead, preparation costs for the opening of the Matsubara store and higher personnel expenses were disclosed. - FY2023-Q2First-half increase in electricity costsAnnual report
「SG&A expenses increased to 106.3% of the year-earlier period due to higher personnel and electricity costs, among other factors,」
The increase in electricity costs continues to be disclosed, together with personnel expenses and other items, as a factor driving up selling, general and administrative expenses. - FY2023-Q1First statedAnnual report
「SG&A expenses increased to 105.9% of the year-earlier period due to higher personnel and electricity costs, among other factors,」
The increase in electricity costs was identified independently for the first time, together with personnel expenses and other items, as a factor contributing to higher selling, general and administrative expenses.