Risk of soaring logistics costs
First written in FY2018. 9 of 19 entries say "Materialised", first in FY2022-Q1. Latest entry: FY2027-H1.
Kowa moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 18 of 26 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2027-H1Interim-period update: freight charges and outsourced logistics costsAnnual report
「Freight charges ¥155,175 thousand Outsourced logistics costs ¥133,188 thousand」
In the interim period, freight charges were ¥155.175 million and outsourced logistics costs were ¥133.188 million, updating the reported logistics cost figures. - FY2026MaterialisedAnnual report
「As a result of selling, general and administrative expenses increasing by ¥53.583 million to ¥2,080.831 million, partly due to the impact of higher logistics expenses, including freight costs, operating profit was ¥747.678 million, down 6.2% from the previous fiscal year.」
The company states that higher logistics expenses actually contributed to the increase in selling, general and administrative expenses and the decline in operating profit. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period under review, uncertainty continued in Japan due to factors including the conduct of monetary policy following the lifting of the negative interest rate policy, the prolonged depreciation of the yen, and persistently high energy and logistics costs.」
The company continues to cite persistently high energy and logistics costs as factors contributing to an uncertain business environment. - FY2025-H1MaterialisedAnnual report
「In terms of profit, gross profit was ¥1,468 million, down 4.6% year on year, and operating profit was ¥497 million, down 12.1% year on year, due to higher procurement prices resulting from the weaker yen and higher logistics costs, including freight charges.」
The company states that the increase in logistics costs previously disclosed as a risk has affected actual profit in the form of higher logistics expenses, including freight costs. - FY2024RestatedAnnual report
「The weaker-yen environment resulting from sharp foreign-exchange fluctuations, together with higher raw-material prices and logistics costs, is expected to have a significant impact on business activities」
The company continues to disclose the risk of higher logistics costs. Annual freight costs were ¥320.566 million, and outsourced logistics costs were ¥273.575 million. - FY2024-Q3RestatedAnnual report
「In terms of profit, although the impact of higher logistics expenses, including freight costs, was seen in some areas」
Higher logistics expenses, including freight costs, continue to be reflected in the discussion of results. - FY2024-Q2Continued high logistics expenses and lower freight spendingAnnual report
「In terms of profit, although the impact of higher logistics expenses, including freight costs, was seen in some areas, the company pursued management initiatives such as implementing various measures to improve profitability, including reviewing selling prices in response to higher production costs, and making thorough cost reductions, resulting in」
While the impact of higher logistics expenses has continued, freight costs for the cumulative second quarter were ¥166.752 million, down from ¥187.491 million in the same period of the previous year. - FY2024-Q1MaterialisedAnnual report
「Although the company was affected by higher logistics expenses, including freight costs, operating profit was ¥334 million, up 47.2% year on year, as a result of implementing various measures to improve profitability and pursuing management initiatives such as thorough cost reductions.」
While the impact of higher logistics expenses continues to be reflected in the discussion of results, the company is pursuing measures to improve profitability and reduce costs. - FY2023-Q3MaterialisedAnnual report
「In terms of profit, although the impact of higher logistics expenses, including freight costs, was seen in some areas, operating profit was ¥511 million, down 5.8% year on year, as a result of measures including fixed-cost controls.」
The impact of higher logistics expenses continues to be reflected in the discussion of operating profit. - FY2023-Q2Quarterly logistics cost updateAnnual report
「Although the company pursued fixed-cost controls, the impact of higher logistics expenses, including freight costs, was seen in some areas, resulting in」
The impact of higher logistics expenses has continued. Freight costs for the cumulative second quarter were ¥187.491 million, up from ¥173.46 million in the same period of the previous year. - FY2023-Q1MaterialisedAnnual report
「In terms of profit, despite the impact of higher logistics costs, including freight charges,」
The increase in logistics costs previously disclosed as a risk is now reflected in the discussion of actual results as the impact of higher logistics expenses, including freight costs. - FY2022Higher freight charges and logistics costsAnnual report
「Freight charges ¥302,357 thousand ¥341,159 thousand Outsourced logistics costs ¥313,087 thousand ¥296,888 thousand」
The company reported that freight charges increased from ¥302.357 million in the previous fiscal year to ¥341.159 million, in connection with the risk of higher logistics costs. - FY2022-Q1MaterialisedAnnual report
「Selling, general and administrative expenses were ¥521 million, down 10.7% year on year, as the company continued to promote fixed-cost controls from the previous fiscal year, despite the impact of higher logistics costs, including freight charges,」
The previously disclosed risk of higher logistics costs has emerged in actual expenses as a result of higher logistics costs, including freight charges. - FY2020RestatedAnnual report
「Most of the Group's merchandise and products are imported from overseas, and deliveries to customers are also outsourced to logistics providers. Accordingly, a sharp increase in logistics costs due to higher fuel and labor costs, among other factors, could affect the operating results and financial position of the Group.」
The risk of higher logistics costs arising from overseas imports and outsourced logistics has been reiterated. - FY2019RestatedAnnual report
「Most of the Group's merchandise and products are imported from overseas, and deliveries to customers are also outsourced to logistics providers. Accordingly, a sharp increase in logistics costs due to higher fuel and labor costs, among other factors, could affect the operating results and financial position of the Group.」
The risk of higher logistics costs arising from overseas imports and outsourced logistics has been reiterated. - FY2018First statedAnnual report
「Most of the merchandise and products are imported from overseas, and deliveries to customers are also outsourced to logistics providers. Accordingly, a sharp increase in logistics costs due to higher fuel and labor costs, among other factors, could affect the operating results and financial position of the Group.」
The risk of higher logistics costs arising from overseas imports and outsourced logistics was disclosed separately for the first time.