Increase in Cost of Sales Due to Higher Manufacturing Expenses
First written in FY2020-Q1. 4 of 10 entries say "Restated". Latest entry: FY2024.
Kokusai moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2017: 2 of 7 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「Profit declined from the previous consolidated fiscal year because sales of products with a high development component were concentrated and the Company was unable to fully absorb the impact of higher costs.」
In addition to the concentration of sales in products with a high development component, the Company was unable to fully absorb higher costs, resulting in a larger operating loss than in the previous fiscal year. - FY2024-Q3RestatedAnnual report
「As a result, despite higher revenue, the Company recorded an ordinary loss due to the increase in cost of sales.」
In Japan (Kokusai Keisoku), the US and other markets, higher cost of sales continues to be a factor behind the ordinary loss despite higher revenue. - FY2024-Q2RestatedAnnual report
「As a result, despite higher revenue, the Company recorded an ordinary loss due to the increase in cost of sales.」
In the Japan (Kokusai Keisoku), Toshin Industry and US segments, revenue increased, while higher cost of sales was cited as a factor behind the ordinary loss. - FY2024-Q1Segment losses continue due to higher cost of salesAnnual report
「As a result, despite higher revenue, the Company recorded an ordinary loss due to the increase in cost of sales.」
In Japan (Kokusai Keisoku), the US and China, where revenue increased, higher cost of sales was cited as a factor behind the ordinary loss. - FY2022-Q3RestatedAnnual report
「Profit increased from the same quarter of the previous year due to an improvement in the profit margin.」
An improvement in the profit margin continues to be cited as a factor behind the increase in profit. - FY2022-Q2MitigatedAnnual report
「Profit increased from the same quarter of the previous year due to an improvement in the profit margin.」
An improvement in the profit margin was cited as a factor behind the increase in profit, easing the pressure on profit from the concentration of high-cost-ratio products seen in the same period of the previous year. - FY2022-Q1MitigatedAnnual report
「Cost of sales 2,265,695 2,236,617」
Cost of sales decreased from ¥2.26569 billion in the same period of the previous year to ¥2.236617 billion, reducing the cost burden despite higher revenue. - FY2021-Q3RestatedAnnual report
「Profit declined from the same quarter of the previous year due to the impact of lower revenue, a concentration of products with high cost ratios and the recognition of corporate income taxes for prior fiscal years.」
Lower revenue and a concentration of products with high cost ratios continue to be cited as factors behind the decline in profit. - FY2021-Q2Decline in profit due to a concentration of high-cost-ratio productsAnnual report
「Profit declined from the same quarter of the previous year because products with high cost ratios accounted for a concentrated share of sales.」
In FY2021-Q2, in addition to higher manufacturing expenses, a concentration of products with high cost ratios was identified as a factor behind the decline in profit. - FY2020-Q1First statedAnnual report
「Higher cost of sales due to increased manufacturing expenses and other factors」
Higher manufacturing expenses pushed up cost of sales and were separately identified for the first time as a factor behind the increase in the loss for the quarter.