Labor and Raw-Material Costs and Geopolitical Risks in China
First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2024.
Kotobukiya moved to the "Worse" side of this theme in 2018.
The whole theme swung hardest in 2018: 2 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In addition, if raw material and labor costs procured locally rise beyond the company's expectations due to changes in China's economic conditions or other factors, this could increase the company's procurement costs and affect its operating results and business development.」
The company continues to disclose the impact of market and geopolitical risks in China, as well as rising raw material and labor costs, on procurement costs. - FY2022RestatedAnnual report
「In addition, if raw material and labor costs procured locally rise beyond the company's expectations due to changes in China's economic conditions or other factors, this could increase the company's procurement costs and affect its operating results and business development.」
The company continues to disclose the impact of market, credit and geopolitical risks in China, as well as rising raw material and labor costs, on procurement costs. - FY2021RestatedAnnual report
「The company's products are currently manufactured mainly by outsourced manufacturers in China, but country risks relating to political, economic, administrative and environmental conditions in China are trending upward.」
The company continues to recognize rising labor costs in China and country risks in the political, economic, administrative and environmental spheres. - FY2020WorsenedAnnual report
「The company's products are currently manufactured mainly by outsourced manufacturers in China, but country risks relating to political, economic, administrative and environmental conditions in China are trending upward.」
The company describes country risks in China, including political, economic, administrative and environmental risks, as tending to increase, in addition to rising labor costs. - FY2019MaterialisedAnnual report
「While rising domestic logistics costs and higher product costs resulting from rising labor costs in China, where manufacturing is outsourced, have pressured margins, the company has promoted operating efficiencies by reviewing production processes and changing product specifications to reduce costs and lower the defect rate while maintaining quality.」
Higher product costs resulting from rising labor costs in China are stated as an actual factor that pressured full-year margins. - FY2018MaterialisedAnnual report
「While facing factors that put pressure on margins, including higher domestic logistics costs and higher product costs resulting from rising labor costs in China, where production is outsourced, the company has promoted improvements in production efficiency and operational efficiency.」
Rising labor costs in China are reflected in the company's actual performance explanation as a factor that increased product costs and pressured margins. - FY2017First statedAnnual report
「If raw material and labor costs procured locally rise beyond the company's assumptions due to changes in China's economic conditions or other factors, they may increase the company's procurement costs and affect its performance and business development.」
Market, credit and geopolitical risks, and labor and raw material cost risks associated with outsourced manufacturing in China.