Rising expenses, including personnel and logistics costs
First written in FY2018-Q3. 11 of 24 entries say "Materialised", first in FY2021. Latest entry: 2026-08-07.
Lec moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 64 of 103 companies on the "Worse" side.
45 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings
「Operating profit declined 45.8% year on year to ¥704 million, mainly because selling, general and administrative expenses increased due to development costs and advertising expenses related to “AI Charmy.”」
Selling, general and administrative expenses increased, resulting in a year-on-year decline in operating profit. - FY2026WorsenedAnnual report
「Although selling, general and administrative expenses increased by ¥1,906 million from the previous consolidated fiscal year to ¥16,551 million, up 13.0% year on year, owing to higher freight and packing expenses resulting from increased sales and higher freight rates, as well as higher advertising expenses, gross profit increased.」
Higher freight rates and other factors increased selling, general and administrative expenses to ¥16,551 million, up 13.0% year on year. Freight and packing expenses also increased from ¥3,735 million to ¥4,131 million, indicating that personnel, logistics and other cost increases continued as actual expense increases. - FY2026-H1MaterialisedAnnual report
「To offset elevated procurement costs resulting from higher raw material prices and rising other expenses, the company focused on reducing expenses, renewing products and improving productivity by reviewing business processes, and worked to improve profit margins. Freight and packing expenses 1,812 1,966」
Elevated procurement costs and rising other expenses continued, and freight and packing expenses increased from ¥1,812 million in the same period of the previous year to ¥1,966 million. The increase in costs was disclosed as an actual increase in expenses. - FY2025WorsenedAnnual report
「Operating profit increased by ¥1,082 million from the previous consolidated fiscal year to ¥2,710 million, up 66.5% year on year, and the operating margin rose 1.4 percentage points from the previous consolidated fiscal year to 4.1%. This was mainly because selling, general and administrative expenses increased by ¥174 million from the previous consolidated fiscal year to ¥14,739 million, up 1.2% year on year, due primarily to higher freight and packing expenses resulting from increased sales and higher freight rates, but gross profit increased.」
Higher freight rates and other factors increased selling, general and administrative expenses by ¥174 million. Although profit improved, personnel, logistics and other costs continued to rise as actual expenses. - FY2025-H1MaterialisedAnnual report
「Freight and packing expenses 1,704 1,812」
Increases in transportation costs and other expenses were reflected in selling, general and administrative expenses, and freight and packing expenses increased from ¥1,704 million in the same period of the previous year to ¥1,812 million. - FY2024MaterialisedAnnual report
「Procurement costs have remained elevated because of the yen's depreciation and soaring raw material prices, while domestic expenses including transportation costs have also gradually increased.」
Procurement costs remained elevated and transportation costs and other expenses continued to rise, with freight and packing expenses increasing from ¥3,263 million in the previous year to ¥3,501 million. - FY2024-Q3MaterialisedAnnual report
「In addition, as procurement costs remained high due to the depreciation of the yen and higher raw material prices, and domestic expenses including transportation costs also gradually increased, the company made group-wide efforts to reduce costs through product renewals and reviews of operating processes.」
Procurement costs remained elevated, while domestic expenses including transportation costs continued to rise, creating factors requiring cost reductions. - FY2024-Q2MaterialisedAnnual report
「In addition, as procurement costs rose due to the depreciation of the yen and higher raw material prices, and various expenses including transportation costs also increased, the company made group-wide efforts to reduce costs through product renewals and reviews of operating processes.」
Other expenses, including transportation costs, continued to rise, and freight and packing expenses included in selling, general and administrative expenses increased from ¥1,580 million in the same period of the previous year to ¥1,704 million. - FY2024-Q1MaterialisedAnnual report
「As the yen's depreciation and higher raw material prices raised procurement costs, and other expenses including transportation costs also increased, the entire Group worked to reduce costs.」
The yen's depreciation and increases in raw material prices, procurement costs and transportation costs actually occurred and are described as creating an operating environment requiring cost reductions. Against this backdrop, operating profit fell 26.7% year on year. - FY2023WorsenedAnnual report
「Against this backdrop, the Group focused on developing new products to address increasingly diverse consumer needs and sought to expand its business through various promotional activities, including new product presentations and promotional events held in cooperation with major customers. As the yen's depreciation and higher raw material prices increased procurement costs, and other expenses including logistics costs also rose, the Group worked to strengthen price competitiveness through product renewals and cost reductions.」
The yen's depreciation and increases in raw material prices, procurement costs and logistics costs continued, creating an operating environment requiring cost reductions and product renewals. Operating profit fell 71.6% year on year. - FY2023-Q3MaterialisedAnnual report
「As the yen's depreciation and higher raw material prices raised procurement costs, and other expenses including transportation costs also increased, the company worked to strengthen price competitiveness through product renewals and cost reductions. Operating profit was ¥1,267 million, down 63.6% year on year, mainly because of the yen's depreciation and higher costs, including raw materials and import-related expenses.」
The yen's depreciation and increases in raw material prices, procurement costs and transportation costs actually occurred and were reflected as factors behind the deterioration in results, including the 63.6% year-on-year decline in operating profit. - FY2023-Q2MaterialisedAnnual report
「Against this backdrop, the Group focused on new product development and sought to expand its business through new product presentations and similar activities. As procurement costs rose owing to the yen's depreciation and higher raw-material prices, while other expenses including transportation costs also increased, the entire company worked to renovate products and reduce costs.」
The yen's depreciation and increases in raw material prices, procurement costs and transportation costs actually occurred and are described as creating an operating environment requiring cost reductions. Against this backdrop, operating profit fell 43.2% year on year. - FY2023-Q1MaterialisedAnnual report
「Against this backdrop, the Group focused on developing new products and sought to expand its business through activities including new product presentations. As the yen's depreciation and higher raw material prices increased procurement costs, and other expenses including transportation costs also rose, the entire Group worked to reduce costs.」
The yen's depreciation and increases in raw material prices, procurement costs and transportation costs actually occurred and are described as creating an operating environment requiring cost reductions. - FY2022MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥565 million from the previous consolidated fiscal year to ¥13,513 million, up 4.4% year on year, due mainly to higher freight and packing expenses resulting from increased sales and higher freight rates, as well as higher personnel expenses resulting from an increase in employees and higher per-unit costs.」
Higher freight rates and personnel costs were disclosed as actual increases in freight and packing expenses and personnel expenses, and were reflected in higher selling, general and administrative expenses and lower operating profit. - FY2022-Q3WorsenedAnnual report
「As a result of higher costs, including raw materials and import-related expenses, and the incurrence of liquidation procedure expenses at a consolidated subsidiary, operating profit was ¥3,483 million, down 28.9% year on year, and ordinary profit was ¥3,574 million, down 28.9% year on year.」
Higher costs, including raw materials and import-related expenses, together with liquidation procedure expenses, were reflected in actual results as factors behind the 28.9% year-on-year declines in operating profit and ordinary profit. - FY2021MaterialisedAnnual report
「Operating profit increased by ¥1,147 million from the previous consolidated fiscal year to ¥5,277 million, up 27.8% year on year, and the operating margin rose 2.0 percentage points from the previous consolidated fiscal year to 10.6%. This was mainly because selling, general and administrative expenses increased by ¥862 million from the previous consolidated fiscal year to ¥12,948 million, up 7.1% year on year, owing to higher freight and packing expenses resulting from increased sales and higher freight rates, higher personnel expenses resulting from an increase in employees and higher per-unit costs, and higher advertising expenses, but the increase in gross profit more than offset the increase in these expenses.」
Higher freight rates and personnel costs resulted in actual increases in freight and packing expenses and personnel expenses. Selling, general and administrative expenses rose 7.1% year on year, but the company explains that the increase was absorbed by higher gross profit. - FY2020-Q3RestatedAnnual report
「Although consumers' preference for low prices and saving on daily necessities such as household goods continued, various costs, including labor and logistics costs due to labor shortages, rose, and the operating environment remained challenging.」
Personnel and logistics costs and other expenses continue to rise because of labor shortages. No new deterioration factor has been added beyond the risks associated with rising costs identified through the previous quarter. - FY2020-Q2RestatedAnnual report
「Personnel, logistics and other costs have also risen because of labor shortages, and the operating environment remained challenging.」
Personnel and logistics costs continue to rise because of labor shortages. No new deterioration factor has been added beyond the risks associated with rising costs identified in the previous quarter. - FY2020-Q1RestatedAnnual report
「Although consumers' preference for low prices and saving on daily necessities such as household goods continued, various costs, including labor costs due to labor shortages and logistics costs, rose, and the operating environment remained challenging.」
Personnel and logistics costs continue to rise because of labor shortages. No new deterioration factor has been added beyond the risks associated with rising costs identified in the previous quarter. - FY2019-Q3WorsenedAnnual report
「Raw material prices, as well as personnel, logistics and other costs resulting from labor shortages, have risen, and the operating environment remained challenging.」
Personnel, logistics and other costs continued to rise, and the company this time explicitly linked the increases to labor shortages. Together with higher raw material prices, this makes the impact of rising costs on the challenging operating environment more specific. - FY2019-Q2WorsenedAnnual report
「Raw material costs have risen alongside crude oil prices, while personnel, logistics and other costs have also increased, leaving the operating environment challenging.」
In addition to rising personnel and logistics costs, the company explicitly identifies higher raw material costs resulting from the increase in crude oil prices, making the impact of rising costs on the challenging operating environment more specific. - FY2019-Q1RestatedAnnual report
「While consumers remain strongly focused on low prices and saving on daily necessities and other essential goods, personnel, logistics and other costs have risen, and the operating environment remained challenging.」
The company states that personnel, logistics and other costs continue to rise, but provides no new quantification or additional deterioration beyond the risks identified through the previous fiscal year. - FY2018RestatedAnnual report
「Personnel, logistics and other costs continued to rise, and the operating environment remained challenging.」
The company continues to cite rising costs, including personnel and logistics costs, as a factor contributing to the challenging operating environment in the current fiscal year. - FY2018-Q3First statedAnnual report
「Personnel, logistics and other costs continued to rise, and the operating environment remained challenging.」
The company identifies rising costs, including personnel and logistics costs, as a factor contributing to the challenging operating environment in the third quarter.