Profit pressure from higher transportation costs and personnel expenses
First written in FY2018. 13 of 20 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2026.
Canox moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 67 of 107 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Freight and related expenses were flat, while salaries and allowances increasedAnnual report
「Freight and related expenses ¥2,561.860 million ¥2,562.603 million Salaries and allowances ¥1,290.467 million ¥1,424.424 million」
On a consolidated basis, freight and related expenses remained at approximately the same level as the previous year, while salaries and allowances increased, bringing selling, general and administrative expenses to ¥6,288 million. - FY2026-H1Freight and related expenses declined, while salaries and allowances increasedAnnual report
「Freight and related expenses ¥1,277.198 million ¥1,243.037 million Salaries and allowances ¥523.425 million ¥573.401 million」
Freight and related expenses declined year on year, while salaries and allowances increased, indicating a change in the expense composition. - FY2025MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥476 million from the previous consolidated fiscal year to ¥5,771 million due to higher freight and related expenses and other costs associated with inflation. Operating income excluding these expenses declined by ¥17 million from the previous consolidated fiscal year to ¥2,512 million.」
Higher freight and related expenses and other costs increased selling, general and administrative expenses by ¥476 million and reduced operating income by ¥17 million. - FY2025-H1MaterialisedAnnual report
「Freight and related expenses ¥1,128.360 million ¥1,277.198 million」
Freight and related expenses increased from ¥1,128.360 million in the same period of the previous year to ¥1,277.198 million in the current interim period, indicating that transportation costs and other expenses continued to rise. - FY2024-Q2MaterialisedAnnual report
「Freight and related expenses ¥1,032.069 million ¥1,128.360 million」
Freight and related expenses increased from ¥1,032.069 million in the same period of the previous year to ¥1,128.360 million, and selling, general and administrative expenses continued to increase. - FY2023MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥355 million from the previous consolidated fiscal year to ¥5,167 million, mainly due to higher freight and related expenses resulting from increased net sales. Operating income excluding these expenses declined by ¥121 million from the previous consolidated fiscal year to ¥2,361 million.」
Higher selling, general and administrative expenses, including freight and related expenses, resulting from increased net sales occurred in practice and reduced operating income by ¥121 million year on year. - FY2023-Q3MaterialisedAnnual report
「In terms of profitability, operating income was ¥1,608 million, down 9.8% year on year; ordinary income was ¥1,801 million, down 9.2%; and net income attributable to owners of the parent was ¥1,236 million, down 9.3%, due to higher selling, general and administrative expenses, including freight and related expenses.」
Higher selling, general and administrative expenses, including freight and related expenses, occurred in practice and became a factor reducing each profit measure year on year despite higher net sales. - FY2023-Q2MaterialisedAnnual report
「Freight and related expenses ¥980.848 million ¥1,032.069 million」
Freight and related expenses increased from ¥980.848 million in the same period of the previous year to ¥1,032.069 million, and selling, general and administrative expenses continued to increase. Operating income declined 4.7% year on year. - FY2023-Q1MaterialisedAnnual report
「In terms of profitability, operating income was ¥443 million, down 15.4% year on year; ordinary income was ¥578 million, down 4.1%; and net income attributable to owners of the parent was ¥392 million, down 6.3%, due mainly to higher selling, general and administrative expenses, including freight and related expenses.」
Higher selling, general and administrative expenses, including freight and related expenses, occurred in practice and became a factor reducing operating income and lower profits year on year despite higher net sales. - FY2022MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥281 million from the previous consolidated fiscal year to ¥4,811 million, mainly due to higher freight and related expenses resulting from increased net sales.」
Selling, general and administrative expenses increased by ¥281 million, primarily due to higher freight and related expenses, and the increase in costs was reflected in actual results. - FY2022-Q2MaterialisedAnnual report
「Freight and related expenses ¥850.639 million ¥980.848 million」
Freight and related expenses, a major component of selling, general and administrative expenses, increased from ¥850.639 million in the same period of the previous year to ¥980.848 million. - FY2021MitigatedAnnual report
「Selling, general and administrative expenses declined by ¥154 million from the previous consolidated fiscal year as the Company sought to reduce expenses.」
Selling, general and administrative expenses declined by ¥154 million as a result of expense reductions, indicating a response to the previous profit pressure from higher costs. However, the impact of lower net sales was substantial, and operating income declined. - FY2021-Q3RestatedAnnual report
「In terms of profitability, although the Company sought to reduce selling, general and administrative expenses, including freight and related expenses, the impact of lower net sales was substantial. Operating income was ¥374 million, down 66.9% year on year; ordinary income was ¥521 million, down 58.5%; and net income attributable to owners of the parent was ¥325 million, down 62.1%.」
The Company continued to state that it sought to reduce selling, general and administrative expenses, including freight and related expenses. However, the impact of lower net sales was substantial, and profit declined year on year. - FY2021-Q2MitigatedAnnual report
「In terms of profitability, although the Company sought to reduce selling, general and administrative expenses, including freight and related expenses, the impact of lower net sales was substantial. Operating income was ¥85 million, down 89.4% year on year; ordinary income was ¥144 million, down 82.9%; and net income attributable to owners of the parent was ¥66 million, down 88.3%.」
The Company stated that it sought to reduce selling, general and administrative expenses, including freight and related expenses, as a response to the previous profit pressure from higher costs. However, profit declined sharply due to the impact of lower net sales. - FY2020MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥173 million from the previous consolidated fiscal year due to higher costs, including depreciation. Operating income excluding this increase declined by ¥276 million to ¥1,525 million.」
Higher costs, including depreciation, increased selling, general and administrative expenses by ¥173 million and reduced operating income by ¥276 million. - FY2020-Q3ReframedAnnual report
「Operating income was ¥1,129 million, down 13.6% year on year; ordinary income was ¥1,257 million, down 12.4%; and net income attributable to owners of the parent was ¥858 million, down 23.3%, due to higher selling, general and administrative expenses, including depreciation.」
Unlike the previous increases in transportation costs and labor expenses, higher selling, general and administrative expenses, including depreciation, were identified as a factor behind the decline in profit. - FY2019MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥164 million from the previous consolidated fiscal year, mainly due to higher transportation costs. Operating income excluding this increase rose by ¥14 million to ¥1,802 million.」
The Company stated that higher transportation costs increased selling, general and administrative expenses by ¥164 million, and that the resulting profit pressure occurred during the year. - FY2019-Q3MaterialisedAnnual report
「In terms of profitability, operating income was ¥1,308 million, up 0.6% year on year, and ordinary income was ¥1,434 million, up 1.5%, due to higher selling, general and administrative expenses, mainly transportation costs.」
Selling, general and administrative expenses, primarily transportation costs, continued to increase and were identified as a factor limiting growth in operating income and ordinary income. - FY2019-Q2MaterialisedAnnual report
「Under these conditions, the group’s revenue for the cumulative second quarter increased 3.2% year on year to ¥59,556 million, while higher selling, general and administrative expenses, mainly transportation costs, resulted in operating profit of ¥833 million (up 0.4%) and ordinary profit of ¥888 million (up 0.1%).」
Selling, general and administrative expenses increased, primarily due to higher transportation costs, and were identified as a factor limiting growth in operating income and ordinary income. - FY2018First statedAnnual report
「In terms of profitability, operating income was ¥1,787 million, down 2.8% year on year, and ordinary income was ¥1,887 million, down 2.9%, due to higher transportation costs and labor expenses.」
The Company states that higher transportation costs and labor expenses affected actual results for the year and contributed to declines in operating income and ordinary income.