Komori
TOKAI Corp. (9729) · RiskRestated

Higher resource costs and yen depreciation driven by geopolitical risks

First written in FY2022. 6 of 9 entries say "Restated". Latest entry: FY2026.

9entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2023-Q2 – FY2023-Q3RestatedFY2024-Q1 – FY20262022: 320222023: 420232024: 120242025: 020252026: 12026
Same theme, other companies
Higher business costs due to yen depreciation, geopolitical risks and rising pricesA theme 29 companies write about · 29 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 11 of 26 companies on the "Worse" side.

15 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.
Showing 14 of the 29 companies compared. The sentences above are computed from all 29.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「Amid continuing concerns about higher costs, including logistics and labor costs, against a backdrop of labor shortages, and inflation caused by geopolitical risks such as the situation in the Middle East, it remains necessary to continue monitoring the impact of the financial and capital markets and U.S. trade policy, and the operating environment remains uncertain.」

    Labor shortages, rising logistics and labor costs, and higher prices resulting from geopolitical risks continue to be cited as factors creating uncertainty about the outlook.
  2. FY2024-Q3RestatedAnnual report

    「Regarding profit, although higher sales and efforts to improve productivity, including reviewing the terms of contracts with customers in response to soaring energy prices and improving energy intensity, contributed to profit, profit declined year on year due to higher rental materials costs as demand recovered with the end of the COVID-19 pandemic, higher personnel expenses to expand the business, and temporary expenses and depreciation related to the Saitama Plant, which began operations in October, among other factors.」

    While surging energy prices continue to be a cost factor affecting profit, the company also describes measures including reviewing contract terms and improving productivity.
  3. FY2024-Q2RestatedAnnual report

    「In addition, various cost increases, including persistently high energy and raw material prices, continue to affect business activities, and the outlook remains uncertain.」

    The company reaffirmed its recognition that higher costs resulting from persistently elevated energy and raw material prices continue to affect business activities.
  4. FY2024-Q1RestatedAnnual report

    「In addition, various cost increases resulting from surging energy and raw material prices continue to affect business activities, and the outlook remains uncertain.」

    The company reaffirmed its recognition that higher costs resulting from surging energy and raw material prices continue to affect business activities.
  5. FY2023WorsenedAnnual report

    「The business environment surrounding the group has changed significantly from the assumptions prevailing in May 2021, when the current medium-term management plan was formulated, due to soaring energy and raw-material prices, tight supply and demand for pharmaceuticals, labor shortages, and other factors.」

    In addition to disclosing the actual increase in energy costs resulting from higher resource prices and yen depreciation, the company identifies surging materials and fuel costs as key management items and states that changes in the cost environment have exceeded the assumptions made when formulating the medium-term plan.
  6. FY2023-Q3RestatedAnnual report

    「Regarding profit, although personnel expenses and rental materials costs increased to expand the business and energy costs rose due to yen depreciation and other factors, profit increased year on year as a result of efforts to improve productivity, including reviewing prices for services provided to customers and improving energy intensity.」

    While higher energy costs due to the depreciation of the yen and other factors continued to increase expenses, the Health and Lifestyle Services segment reported higher profit year on year as the company reviewed service prices and worked to improve productivity, including energy intensity.
  7. FY2023-Q2RestatedAnnual report

    「Meanwhile, the outlook remains uncertain regarding cost-related impacts on management, including higher prices resulting from the accelerating depreciation of the yen.」

    The company continues to disclose higher prices and cost-related impacts resulting from the accelerating depreciation of the yen. In Health and Lifestyle Services, the actual impact on profit is also described as higher energy costs.
  8. FY2023-Q1MaterialisedAnnual report

    「Although higher resource prices, rising energy costs due to the accelerating depreciation of the yen, higher labor costs to expand the business and higher rental materials costs affected profit, profit increased year on year due to higher profit accompanying increased sales and efforts to improve productivity, including energy intensity.」

    The acceleration of higher resource prices and yen depreciation, which had been disclosed as risks since the previous fiscal year, has appeared in the Health and Lifestyle Services segment’s profit commentary as higher energy costs. At the same time, the company is working to improve productivity, including through improvements in energy intensity.
  9. FY2022First statedAnnual report

    「The economic outlook is expected to remain uncertain due to higher resource prices and the ongoing depreciation of the yen resulting from geopolitical risks that have emerged since the beginning of the year.」

    The company has for the first time explicitly identified rising resource prices and the ongoing depreciation of the yen against the backdrop of geopolitical risks as sources of uncertainty that could affect the economic outlook and various costs.
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