Margin Decline Due to Rising Transportation Costs
First written in FY2019-Q2. 1 of 2 entries say "Mitigated", first in FY2019. Latest entry: FY2019.
The whole theme swung hardest in 2026: 18 of 26 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2019MitigatedAnnual report
「Regarding profit, although the company worked to reduce costs and control selling, general and administrative expenses, the substantial decline in overseas sales and lower profit from sluggish sales of stainless steel vacuum bottles in Japan and overseas resulted in operating profit of ¥5,444 million, down 12.9% from the previous consolidated fiscal year.」
Although higher transportation costs had been cited in the previous quarter as a factor behind the margin decline, they were not identified as the main factor for the full year; efforts to reduce costs and contain SG&A expenses were described instead. - FY2019-Q2First statedAnnual report
「In addition, operating profit declined to ¥4,086 million, down 22.3% year on year, partly because margins declined due to higher raw-material and transportation costs.」
Higher transportation costs were identified for the first time, separately from higher raw material costs, as a factor behind the decline in margins and operating profit.