Rising Labor Costs at Overseas Manufacturing Bases
First written in FY2018. 3 of 4 entries say "Materialised", first in FY2019. Latest entry: FY2021.
Yamaha moved to the "Worse" side of this theme in 2019, 2 years after the typical company in this theme (2017).
1 other company's latest entry also says "Materialised".
- FY2021MaterialisedAnnual report
「Factors reducing profit, including rising labor costs of ¥1.6 billion at overseas production bases」
The impact of rising labor costs and other factors at overseas production bases increased from ¥1.4 billion in the previous period to ¥1.6 billion. - FY2020MaterialisedAnnual report
「The company was affected by lower profit, including a ¥1.4 billion increase in manufacturing costs due to rising labor costs and other factors at overseas production bases.」
The increase in manufacturing costs due to rising labor costs and other factors at overseas production bases actually reduced profit by ¥1.4 billion. - FY2019MaterialisedAnnual report
「The company was affected by lower profit, including an ¥1.1 billion increase in manufacturing costs due to rising labor costs and other factors at overseas production bases.」
The increase in manufacturing costs due to rising labor costs and other factors at overseas production bases actually reduced profit by ¥1.1 billion in the current period. - FY2018First statedAnnual report
「Rising labor costs in these countries may increase manufacturing costs.」
The company identifies rising labor costs at its major manufacturing bases in China, Indonesia and Malaysia as a standalone risk.