Earnings pressure from rising logistics costs
First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 66 of 106 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The continued rise in labour costs, including logistics costs, due to labour shortages, and the impact of unstable international conditions on raw material and energy prices」
It continues to identify rising logistics costs, labour costs, and raw material and energy prices as factors putting pressure on earnings. - FY2024WorsenedAnnual report
「The effects of rising costs, including logistics and labour costs, stemming from the 2024 logistics problem, as well as restrained consumption due to rising prices and labour shortages, continue to persist.」
In addition to the previously noted rise in logistics costs, rising logistics and labour costs stemming from the 2024 logistics problem are explicitly identified as priority issues. - FY2020-Q2RestatedAnnual report
「The company faced difficult conditions in terms of profitability due to higher raw material prices and rising logistics expenses, among other factors.」
It continues to state that rising logistics costs, together with soaring raw material prices, are contributing to the challenging earnings environment. - FY2020-Q1First statedAnnual report
「The company continued to operate in a challenging earnings environment, including as a result of rising logistics costs.」
It identifies rising logistics costs for the first time as a factor contributing to the challenging earnings environment, alongside soaring raw material prices.