Komori
Hiraga (7863) · RiskMaterialised

Cost pressures from rising utility expenses

First written in FY2023-Q1. 4 of 11 entries say "Materialised", first in FY2023-Q3. Latest entry: 2026-11-13.

11entries
5years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2023-Q3 – FY2024-Q2MitigatedFY2025-H1MaterialisedFY2026-H12022: 120222023: 420232024: 220242025: 220252026: 22026
Same theme, other companies

This thread is not in a theme yet. When the same subject shows up in other companies' filings, you can compare them here.

Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MaterialisedAnnual report

    「Operating profit was ¥77 million, down 68.3% from the previous interim accounting period, as higher costs could not be absorbed through productivity improvements and the gross profit margin declined.」

    It states that higher costs could not be absorbed through productivity improvements, causing the gross profit margin to decline and operating profit to fall 68.3% year on year, indicating that cost pressures have emerged in business performance.
  2. FY2025RestatedAnnual report

    「The business environment surrounding the company remains unpredictable, with geopolitical risks, foreign exchange volatility and the possibility of further sharp increases in energy and raw material prices.」

    It continues to identify the possibility of further increases in energy and raw material prices, together with geopolitical and foreign exchange risks.
  3. FY2025-H1MitigatedAnnual report

    「We have reduced costs by using advanced printing technology and solar power generation systems, while also addressing soaring raw material costs through strategic price negotiations. These initiatives have led to overall cost improvements.」

    It states that the company pursued cost reductions through printing technology and solar power generation and addressed raw material costs through price negotiations, resulting in cost improvements.
  4. FY2024RestatedAnnual report

    「The business environment surrounding the company remains unpredictable, with geopolitical risks, foreign exchange volatility and the possibility of further sharp increases in energy and raw material prices.」

    It continues to identify the possibility of further increases in energy and raw material prices, together with geopolitical and foreign exchange risks.
  5. FY2024-Q2WorsenedAnnual report

    「In the retail industry, our principal client, the resumption of inbound demand and record heat boosted personal consumption. At the same time, intensified competition across industry and business-format boundaries, lower consumer purchasing intent due to rising prices, and continued increases in costs such as labor and utilities meant that the market environment continued to require further ingenuity and responses.」

    It states that higher labour costs, utility expenses and other costs are continuing, and that cost pressures in the retail industry remain in place.
  6. FY2024-Q1WorsenedAnnual report

    「In the retail industry, our primary client base, competition is intensifying across industries, while personnel costs resulting from labour shortages and utility costs are rising sharply.」

    It states that rising labour costs and utility expenses due to labour shortages have become more serious, indicating that cost pressures have intensified.
  7. 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.」

    Surging raw material and fuel prices increased costs and caused operating profit to decline 17.2% year on year, indicating that the impact of higher costs has emerged in business performance.
  8. FY2023-Q3MaterialisedAnnual report

    「In the retail and distribution industry, our main client, consumer efforts to protect household finances intensified further amid unstable social conditions, while higher purchase prices and electricity charges squeezed earnings, exposing the industry to an increasingly difficult operating environment.」

    It states that surging electricity charges are putting pressure on customers' profit and loss, indicating that the risk from rising utility expenses has emerged as an actual impact on the business environment.
  9. FY2023-Q1First statedAnnual 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.」

    The significant impact of rising utility expenses and other costs was identified independently for the first time as a cost-related risk in the printing industry.
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 11 moves.

555542★123456
  1. ★This thread
  2. 1Contraction of the printing market and decline in demand for newspaper insert advertising5×
  3. 2Business pressure from store closures, rising labour costs and labour shortages5×
  4. 3Geopolitical Risks in Overseas Operations5×
  5. 4Fluctuations in paper prices and difficulty securing supply5×
  6. 5Consumer frugality and purchase restraint against a backdrop of a stronger yen and falling share prices4×
  7. 6Developing a one-stop, comprehensive service covering all sales promotion activities2×

★ 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 It last moved in the Results of 2026-11-13: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.