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Handsman (7636) · FactFull-year gross profit margin decline and limited pass-through of price increases

Lower gross profit margin due to higher domestic logistics costs

First written in FY2019. . Latest entry: FY2026.

21entries
8years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019 – FY20262019: 12020: 220202021: 420212022: 420222023: 320232024: 320242025: 120252026: 32026
Same theme, other companies
Pressure on Profitability and Sales Costs from Rising Logistics CostsA theme 38 companies write about · 39 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 13 of 22 companies on the "Worse" side.

2 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 38 companies compared. The sentences above are computed from all 38.
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  1. FY2026Full-year gross profit margin decline and limited pass-through of price increasesAnnual report

    「While procurement prices rose due to persistently high raw-material prices and the impact of the weaker yen, gross profit margin declined by 0.3 percentage points from the prior fiscal year to 31.2% because increases in selling prices were restrained.」

    The full-year gross margin declined from 31.5% in the previous fiscal year to 31.2% due to higher purchase prices and restrained price increases.
  2. 2026-05-11OtherEarnings

    「While procurement prices rose due to persistently high raw-material prices and the impact of the weaker yen, gross profit margin declined by 0.5 percentage points year on year to 31.1% because increases in selling prices were restrained.」

    The results show a year-on-year decline in gross profit margin due to higher procurement prices and restrained increases in selling prices.
  3. FY2026-H1Interim gross profit margin declinedAnnual report

    「While purchase prices rose due to persistently high raw material prices and the weaker yen, the company kept price increases below its initial assumptions, causing the gross margin to decline by 0.5 percentage points year on year to 31.1%.」

    As price increases were kept in check despite higher purchase prices, the gross margin for the current interim accounting period declined by 0.5 percentage points year on year to 31.1%.
  4. FY2025Full-year gross margin declined; purchase costs increasedAnnual report

    「As for profit, the gross margin declined by 0.2 percentage points from the previous fiscal year due to higher purchase costs, but gross profit increased to ¥11,014 million, or 101.6% of the previous fiscal year's level, due to higher sales.」

    The gross margin declined by 0.2 percentage points from the previous fiscal year due to higher purchase costs, while gross profit increased to 101.6% of the previous fiscal year's level due to higher sales.
  5. FY2024Full-year gross margin declined; purchase prices increasedAnnual report

    「As purchase prices rose due to persistently high raw material prices and the weaker yen, the full-year gross margin declined by 0.6 percentage points from the previous fiscal year to 31.8%, in addition to」

    Persistently high raw material prices and higher purchase prices due to the weaker yen were factors behind the decline in the full-year gross margin from 32.4% in the previous fiscal year to 31.8%.
  6. FY2024-Q3Third-quarter gross margin declined; purchase prices increasedAnnual report

    「As purchase prices rose due to persistently high raw material prices and the weaker yen, the gross margin declined by 0.5 percentage points year on year to 32.0%, in addition to」

    Persistently high raw material prices and higher purchase prices due to the weaker yen were factors behind the 0.5-percentage-point year-on-year decline in the gross margin.
  7. FY2024-Q2First-half gross margin declined; purchase prices increasedAnnual report

    「As purchase prices rose due to persistently high raw material prices and the weaker yen, the gross margin declined by 0.4 percentage points year on year to 31.9%, in addition to」

    Persistently high raw material prices and higher purchase prices due to the weaker yen were factors behind the 0.4-percentage-point year-on-year decline in the gross margin.
  8. FY2023Full-year gross profit margin increaseAnnual report

    「As for profit, the gross margin increased by 0.4 percentage points from the previous fiscal year to 32.4%, although」

    The gross margin increased from 32.0% in the previous fiscal year to 32.4%. Meanwhile, selling, general and administrative expenses increased due to preparation costs for the Matsubara store and higher personnel expenses, and operating income was 77.0% of the previous fiscal year's level.
  9. FY2023-Q3Third-quarter gross margin increasedAnnual report

    「The gross margin increased by 0.6 percentage points year on year to 32.5%, although」

    The gross margin for the cumulative third-quarter period was 32.5%, up 0.6 percentage points year on year. Meanwhile, selling, general and administrative expenses increased due to preparation costs for the opening of the Matsubara store and higher personnel expenses, among other factors, and operating income was 86.1% of the year-earlier level.
  10. FY2023-Q2First-half gross profit margin increaseAnnual report

    「The gross margin increased by 0.4 percentage points year on year to 32.3%, although」

    The gross margin for the cumulative second-quarter period was 32.3%, up 0.4 percentage points year on year. Meanwhile, operating income was 82.5% of the year-earlier level due to higher selling, general and administrative expenses.
  11. FY2023-Q1First-quarter gross profit margin increaseAnnual report

    「The gross margin increased by 0.2 percentage points year on year to 32.3%, although」

    The gross margin increased by 0.2 percentage points year on year to 32.3%. Meanwhile, selling, general and administrative expenses increased to 105.9% of the year-earlier level.
  12. FY2022Full-year gross profit margin increaseAnnual report

    「The gross margin increased by 0.4 percentage points year on year to 32.0%, while selling, general and administrative expenses declined to 95.9% of the year-earlier level, or ¥7852 million, due mainly to lower temporary staffing costs, although」

    The full-year gross margin was 32.0%, up 0.4 percentage points from the previous fiscal year. Selling, general and administrative expenses also declined to 95.9% of the previous fiscal year's level due mainly to lower temporary staffing costs, but operating income and other income items declined due to the pullback in sales.
  13. FY2022-Q3Third-quarter gross margin increasedAnnual report

    「The gross margin increased by 0.2 percentage points year on year to 31.9%,」

    The gross margin for the cumulative third-quarter period was 31.9%, up 0.2 percentage points year on year.
  14. FY2022-Q2First-half gross profit margin increaseAnnual report

    「The gross margin increased by 0.4 percentage points year on year to 31.9%, while selling, general and administrative expenses declined to 95.5% of the year-earlier level, although」

    The gross margin increased by 0.4 percentage points year on year to 31.9%, while selling, general and administrative expenses also declined to 95.5% of the year-earlier level. However, operating income and other income items declined due to the significant impact of the pullback in sales.
  15. FY2022-Q1First-quarter gross profit margin increaseAnnual report

    「The gross margin increased by 0.6 percentage points year on year to 32.1%, while selling, general and administrative expenses declined to 97.4% of the year-earlier level, although」

    The gross margin increased by 0.6 percentage points year on year to 32.1%. Selling, general and administrative expenses also declined to 97.4% of the year-earlier level, but operating income and other income items declined due to the pullback in sales.
  16. FY2021Full-year gross profit margin increaseAnnual report

    「The gross profit margin increased 0.5 percentage points year on year to 31.6% due to reduced promotional sales and other factors, resulting in gross profit of ¥10,758 million, or 111.1% of the previous fiscal year's level.」

    Against a backdrop of reduced promotional sales and other factors, the full-year gross profit margin increased 0.5 percentage points to 31.6%, while gross profit also reached 111.1% of the previous fiscal year's level.
  17. FY2021-Q3Nine-month cumulative gross profit margin increaseAnnual report

    「The gross profit margin increased 0.8 percentage points year on year to 31.7% due to reduced promotional sales, resulting in gross profit of ¥8,112 million, or 114.5% of the same period of the previous year.」

    Against a backdrop of reduced promotional sales, the gross profit margin increased 0.8 percentage points year on year to 31.7%, while gross profit also increased to 114.5% of the same period of the previous year.
  18. FY2021-Q2First-half gross profit margin increaseAnnual report

    「The gross profit margin increased 0.6 percentage points year on year to 31.5% due to reduced promotional sales, resulting in gross profit of ¥5,698 million, or 117.6% of the same period of the previous year.」

    Against a backdrop of reduced promotional sales, the gross profit margin increased 0.6 percentage points year on year to 31.5%, while gross profit also increased to 117.6% of the same period of the previous year.
  19. FY2021-Q1Quarterly gross profit margin increaseAnnual report

    「In addition to higher sales, the gross profit margin increased 0.5 percentage points year on year to 31.4% due to reduced use of newspaper inserts, resulting in gross profit of ¥2,887 million, or 121.1% of the same period of the previous year.」

    Unlike the decline in the gross profit margin due to higher domestic logistics costs reported in the previous fiscal year, the margin increased to 31.4% in the current quarter against a backdrop of reduced use of newspaper inserts.
  20. FY2020Increase in Gross Profit MarginAnnual report

    「Regarding profit, the gross profit margin increased 0.1 percentage points year on year to 31.1%, and gross profit was ¥9,682 million, or 100.1% of the previous fiscal year's level.」

    The decline in the gross profit margin due to higher domestic logistics costs, which was reported in the previous fiscal year, was not explicitly stated for the current fiscal year, while the gross profit margin increased 0.1 percentage points to 31.1%.
  21. FY2019First statedAnnual report

    「Regarding profit, the gross profit margin declined 0.2 percentage points year on year to 31.0%, mainly due to higher domestic logistics costs, and gross profit was ¥9,676 million, or 99.7% of the previous fiscal year's level.」

    The decline in the gross profit margin due to higher domestic logistics costs was identified independently for the first time as a factor contributing to the margin decline.
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Lower gross profit margin due to higher domestic logistics costs | HANDSMAN CO.,LTD (7636) | Komori