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Hiraga (7863) · RiskMaterialised

Higher costs and lower orders due to soaring delivery charges and longer delivery times

First written in FY2018. 3 of 13 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2026.

13entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2020-Q1 – FY2020WorsenedFY2022-Q3 – FY2023RestatedFY2024-Q3 – FY20252018: 220182019: 220192020: 120202021: 020212022: 220222023: 220232024: 220242025: 120252026: 12026
Same theme, other companies

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Full recordFilings, disclosures and news, newest first
  1. FY2026MaterialisedAnnual report

    「Regarding profit, raw-material prices and logistics costs increased, while promotional expenses, outsourcing costs associated with launching new services, and personnel expenses related to securing and developing personnel also increased more than anticipated,」

    We state that higher logistics costs actually emerged as a burden on profit, together with increases in raw-material prices, outsourcing costs and personnel expenses.
  2. FY2025RestatedAnnual report

    「We deliver products to distribution centres and stores based on client needs. However, given the current situation facing logistics companies, there is a possibility that soaring freight charges will increase costs and longer delivery times will reduce orders.」

    We continue to list as a risk the possibility that soaring delivery charges will increase costs and longer delivery times will reduce orders.
  3. FY2024RestatedAnnual report

    「We deliver products to distribution centres and stores based on client needs. However, given the current situation facing logistics companies, there is a possibility that soaring freight charges will increase costs and longer delivery times will reduce orders.」

    We continue to list as a risk the possibility that soaring delivery charges will increase costs and longer delivery times will reduce orders.
  4. FY2024-Q3RestatedAnnual report

    「In the retail industry, our principal client, a difficult business environment continued, requiring further ingenuity and responses, due to lower consumer purchasing intent resulting from rising prices, intensified competition across industry and business-format boundaries, tight labor demand and higher logistics costs.」

    Higher logistics costs continue to be identified as a factor contributing to the challenging business environment surrounding the retail industry. No new impact amount or effect on delivery times is indicated.
  5. FY2023MaterialisedAnnual report

    「Net sales were ¥9,010 million, up 5.9% year on year, as we successfully expanded sales channels for new products among existing customers and developed new customers. However, operating profit was ¥458 million, down 17.2% year on year, as we were unable to fully offset the increase in costs resulting from soaring raw-material, fuel and transportation costs.」

    We state that increases in costs, including soaring transportation costs, exceeded the increase in sales and put pressure on profit, resulting in a 17.2% year-on-year decline in operating profit. The impact of higher delivery-related costs has emerged in actual results.
  6. FY2023-Q3WorsenedAnnual report

    「In the printing industry, the contraction of print-media advertising has progressed further, while the pronounced impact of higher raw material, logistics and utility costs is making the business environment increasingly difficult.」

    Regarding higher logistics costs, we have moved from describing them as a previous concern to stating that their actual impact has become significant, giving concrete form to the pressure from delivery-related costs.
  7. FY2023-Q1WorsenedAnnual report

    「In the printing industry, the contraction of print-media advertising has progressed further, while higher raw material prices and the pronounced impact of rising logistics and utility costs mean that cost conditions remain difficult.」

    We state that the increase in logistics costs, together with utilities and other costs, has become a significant factor affecting the business, giving concrete form to the pressure from delivery-related costs.
  8. FY2022-Q3WorsenedAnnual report

    「The contraction of print-media advertising has progressed further, while concerns about surging raw material prices and higher logistics costs mean that operating conditions in the printing industry remain difficult.」

    We state that concerns about higher logistics costs continue to exist, again explicitly identifying the risk of rising delivery costs.
  9. FY2020MitigatedAnnual report

    「On the production side, we actively made new investments at each production site and reduced costs flowing outside the company through productivity improvements and in-house production. On the procurement side, we advanced cost improvements by developing new suppliers, planning purchases and optimising delivery frequency.」

    Amid continued increases in logistics and raw-material costs, we state that we implemented measures including investment in production sites, in-house production, developing new business partners, planned procurement and optimising delivery frequency.
  10. FY2020-Q2MitigatedAnnual report

    「In manufacturing costs, in response to higher raw-material and logistics costs, we pursued productivity improvements by improving and investing in our delivery framework and optimising manufacturing locations.」

    We state that, in response to soaring logistics costs, we implemented measures to improve and invest in our delivery network and optimise manufacturing sites.
  11. FY2020-Q1MitigatedAnnual report

    「To address increases in raw-material and logistics costs, we reviewed procurement terms and pursued productivity improvements.」

    We describe measures to respond to higher logistics costs by reviewing procurement terms and improving productivity.
  12. FY2019-Q1MaterialisedAnnual report

    「The distribution industry, our main customer base, remains in a challenging environment due to intensifying competition across business formats as online businesses expand, labour shortages and rising logistics costs.」

    Regarding logistics costs previously identified as a risk, we state that logistics costs have actually increased.
  13. FY2018First statedAnnual report

    「Given the current situation facing logistics companies, there is a possibility that soaring freight charges will increase costs and longer delivery times will reduce orders.」

    Regarding deliveries to distribution centres and stores, we describe separately for the first time the risks of soaring freight charges and longer delivery times arising from the situation facing logistics companies.
Moved together

"Contraction of the printing market and decline in demand for newspaper insert advertising" moved the same way as this thread, in the same document, in 5 of its 13 moves.

554333★123456
  1. ★This thread
  2. 1Contraction of the printing market and decline in demand for newspaper insert advertising5×
  3. 2Fluctuations in paper prices and difficulty securing supply5×
  4. 3Transition from mass-distribution printing to a marketing-focused sales promotion business4×
  5. 4Growth above the previous fiscal year across all management metrics3×
  6. 5Consumer frugality and purchase restraint against a backdrop of a stronger yen and falling share prices3×
  7. 6Expansion into promotional materials beyond newspaper inserts3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Hiraga's next results are scheduled for 2026-11-13. Read the earnings preview
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