Earnings Decline Due to Higher Logistics Costs in the Trading Company Business
First written in FY2023-Q1. 1 of 2 entries say "Dropped", first in FY2023. Latest entry: FY2023.
The whole theme swung hardest in 2026: 18 of 26 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2023DroppedAnnual report
「Revenue from the trading business increased due to sales of flexographic printing presses, blow molding machines, syringe filling lines, and equipment related to IC cards, among other products. Profit also increased as a result of efforts to enforce strict cost control.」
The full-year results explanation for the trading business does not explicitly identify higher logistics costs as a factor behind lower profit. - FY2023-Q1First statedAnnual report
「In the trading business, revenue increased from the same quarter of the previous year as acceptance inspections were completed for IC card manufacturing equipment, automated product packaging equipment and other items, but profit declined because of higher logistics costs and other factors.」
In the trading business, higher logistics costs and other factors actually occurred as drivers of lower profit, despite higher revenue resulting from completed acceptance inspections.