Komori
Chuokeizai-Sha Holdings (9476) · RiskWorsenedLatest Earnings (2026-08-06): "Restated"

Rising logistics costs and raw material prices

First written in FY2019-Q3. 16 of 21 entries say "Restated". Latest entry: 2026-08-06.

21entries
8years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseMaterialisedFY2019RestatedFY2020 – FY2022-Q3RestatedFY2024-Q1 – 2026-05-122019: 220192020: 120202021: 320212022: 420222023: 420232024: 320242025: 120252026: 32026
Same theme, other companies
Pressure on industry earnings from rising logistics and raw material costsA theme 7 companies write about · 7 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 5 of 6 companies on the "Worse" side.

2 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-06RestatedEarnings

    「In the publishing industry to which the Group belongs, efforts are being made to improve the efficiency of publishing distribution, including measures to address higher logistics costs and reduce returns. However, the market environment remained challenging, with estimated sales of books and magazines at the end of the third quarter declining 2.3% year on year (Research Institute for Publications).」

    The company identified higher logistics costs and measures to address the increasingly costly publishing distribution system as continuing challenges.
  2. FY2026-H1WorsenedAnnual report

    「The business environment has become one that permits no complacency, as rising raw material prices and logistics costs continue to weigh on profitability across the industry.」

    The company stated that higher raw-material prices and logistics costs were putting pressure on profitability across the industry, explicitly identifying the existing concern over higher costs as pressure on industry profitability. It also indicated that sharply higher shipping costs, driven by amendments to the Motor Truck Transportation Business Act and other factors, could put further pressure on future profitability.
  3. 2026-05-12RestatedEarnings

    「The business environment has become one that permits no complacency, as rising raw material prices and logistics costs continue to weigh on profitability across the industry.」

    The company reconfirmed that higher raw material prices and logistics costs continue to put pressure on profitability.
  4. FY2025RestatedAnnual report

    「4. Addressing the expected chronic increase in production costs.」

    The company regards higher production costs as an issue expected to become chronic and continues to address it.
  5. FY2024RestatedAnnual report

    「However, raw-material and energy prices remain elevated amid significant yen depreciation, and inflation continues」

    The company identified elevated raw-material and energy prices and inflation as factors that will continue to drive cost increases.
  6. FY2024-Q2RestatedAnnual report

    「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」

    The company stated that there had been no significant changes in existing business and other risks, including higher logistics and raw-material costs.
  7. FY2024-Q1RestatedAnnual report

    「Meanwhile, concern also remains over the impact on Japan's economy of a growing tendency to economize due to prolonged high prices, labor shortages and a sharp slowdown in the Chinese economy.」

    The company continues to express concern about higher costs and an unstable economic environment, including prolonged inflation. Pricing and marketing in response to inflation are also key themes.
  8. FY2023WorsenedAnnual report

    「4. Addressing the expected chronic increase in production costs.」

    The company specifically identified higher production costs as an issue expected to become chronic, rather than a temporary factor.
  9. FY2023-Q3RestatedAnnual report

    「An unstable environment is expected to continue due to inflation associated with yen depreciation and higher resource prices, declining real wages and labor shortages, among other factors.」

    The company continues to recognize an unstable economic environment, including cost pressures such as inflation resulting from higher resource prices and yen depreciation.
  10. FY2023-Q2RestatedAnnual report

    「Against this backdrop, the Group engaged in activities focused on planning that accurately captures reader needs, pricing and marketing responding to higher prices, strengthening sales of backlist titles, reducing returns, and addressing the increasingly costly publishing distribution network.」

    The company continues to address the higher-cost book distribution environment as a key theme, together with pricing and marketing in response to inflation, sales of backlist titles and measures to reduce returns.
  11. FY2023-Q1RestatedAnnual report

    「The outlook remains uncertain due to higher raw-material costs and inflation resulting from rising global resource prices and yen depreciation, and there are concerns about stagnation in economic activity.」

    Higher raw-material costs and inflation resulting from rising resource prices and yen depreciation are identified as factors that will continue to drive cost increases.
  12. FY2022WorsenedAnnual report

    「In the publishing market, bookstore numbers and sales floor space have continued to decline, while there are concerns about the impact of higher logistics and raw-material costs. The company expects this trend to continue.」

    The company specifically identified higher logistics and raw-material costs as factors that will continue to drive cost increases.
  13. FY2022-Q3RestatedAnnual report

    「Against this backdrop, the Group engaged in activities focused on planning that accurately captures reader needs, marketing reflecting the impact of COVID-19, strengthening sales of backlist titles, reducing returns, and addressing the increasingly costly publishing distribution network.」

    The company continues to address the higher-cost book distribution environment as a key theme. No significant changes have been indicated in the existing risks related to higher logistics and raw-material costs.
  14. FY2022-Q2RestatedAnnual report

    「Against this backdrop, the Group conducted activities focused on thorough planning and marketing based on an accurate understanding of reader needs, strengthening sales of existing books and addressing the increasingly costly publishing distribution system.」

    The company continues to address the higher-cost book distribution environment as a key theme, together with responding to reader needs and strengthening sales of backlist titles.
  15. FY2022-Q1RestatedAnnual report

    「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」

    The company stated that there had been no significant changes in existing business and other risks, including higher logistics and raw-material costs.
  16. FY2021-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company stated that there had been no significant changes in existing business and other risks, including higher logistics and raw-material costs.
  17. FY2021-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company stated that there had been no significant changes in existing business and other risks, including higher logistics and raw-material costs.
  18. FY2021-Q1RestatedAnnual report

    「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」

    The company stated that there had been no significant changes in existing business and other risks, including higher logistics and raw-material costs.
  19. FY2020RestatedAnnual report

    「In the publishing market, bookstore numbers and sales floor space have continued to decline, while there are concerns about the impact of higher logistics and raw-material costs. The company expects this trend to continue.」

    The company reaffirmed its concern that higher logistics and raw-material costs will continue.
  20. FY2019MaterialisedAnnual report

    「Lower sales at major bookstores in metropolitan areas due to the extended holiday period, as well as higher logistics and raw-material costs, put further pressure on business performance.」

    The company stated that higher logistics and raw-material costs had actually occurred and put pressure on business performance, along with lower sales at major bookstores and other factors.
  21. FY2019-Q3First statedAnnual report

    「Higher logistics and raw-material costs also had an impact, resulting in a significant deterioration in business performance.」

    The company stated for the first time that higher logistics and raw-material costs had actually occurred and contributed to the deterioration in business performance.
Moved together

"Contraction of the Book and Magazine Market and Challenging Business Environment" moved the same way as this thread, in the same document, in 4 of its 21 moves.

4222★1234
  1. ★This thread
  2. 1Contraction of the Book and Magazine Market and Challenging Business Environment4×
  3. 2Revenue and Profit Growth and Improved Profit Levels2×
  4. 3Discontinuation of a Major Customer's Magazine2×
  5. 4Impact of the Spread of COVID-19 on Economic Activity and Business Performance2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Chuokeizai-Sha Holdings yet. It last moved in the Earnings of 2026-08-06: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Rising logistics costs and raw material prices | CHUOKEIZAI-SHA HOLDINGS,INC. (9476) | Komori