Cost of sales remains elevated due to higher procurement prices and raw material costs
First written in FY2019. 6 of 14 entries say "Worsened", first in FY2022. Latest entry: FY2027-H1.
Yamazawa moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 6 of 12 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「The operating environment for businesses is becoming increasingly challenging, including in the food retail industry, in which our group primarily operates. In addition to higher utility and labor costs, shortages of crude oil-derived raw materials resulting from heightened international tensions, increased logistics and delivery costs due to surging crude oil prices, and consumers' increasingly defensive attitudes toward spending amid continued inflation are placing further pressure on operations.」
The disclosure of rising costs, previously focused mainly on higher purchase prices and raw material prices, has expanded to include shortages of raw materials and increases in logistics and delivery costs, utility costs, and labor costs. - FY2026-H1RestatedAnnual report
「In addition to higher raw-material prices, utility costs and labor costs, the operating environment is becoming increasingly challenging as consumers become more budget-conscious amid continued inflation.」
The company continued to describe cost inflation, including higher raw-material prices, utility costs, labor costs and general prices, together with consumers' resulting preference for saving. - FY2025-H1MaterialisedAnnual report
「On the profit side, the results were affected by factors including a shortfall in gross profit due to unit labor costs and energy prices rising more than expected and the inability to pass on the higher raw-material costs smoothly,」
The company stated that higher labor and energy costs and delays in passing on higher raw-material costs affected the results, including the gross profit shortfall and operating loss. - FY2024WorsenedAnnual report
「In addition, gross profit was ¥28.140 billion and the gross profit margin was 27.6%, down 0.1 percentage points from the previous consolidated fiscal year.」
The company disclosed that the gross profit margin fell from 27.7% in the previous fiscal year to 27.6%, indicating the impact of the cost-inflation environment. - FY2024-Q2RestatedAnnual report
「The operating environment is becoming increasingly challenging due to intensifying competition across industry sectors and business formats, soaring raw-material prices, higher energy costs including utilities, and higher logistics costs, as well as consumers' increasingly strong preference for saving amid successive price increases.」
The company continued to describe an environment of cost inflation, including higher raw-material, energy and logistics costs and consumers' increased preference for saving due to price increases. - FY2024-Q1WorsenedAnnual report
「In the food retail industry, to which the Group primarily belongs, the environment surrounding business operations is becoming increasingly challenging due to intensifying competition across industries and business formats, soaring raw material prices, rising energy costs including utilities, higher logistics costs, and consumers’ increasingly frugal mindset as a result of successive price increases.」
The description of cost inflation, previously focused on higher procurement prices and raw-material costs, has expanded to include energy and logistics costs and consumers' increased preference for saving due to successive price increases. - FY2023WorsenedAnnual report
「In addition, gross profit was ¥27.606 billion and the gross profit margin was 27.7%, down 0.9 percentage points from the previous consolidated fiscal year.」
The company stated that the gross profit margin was 27.7%, down 0.9 percentage points from the previous consolidated fiscal year. - FY2023-Q3RestatedAnnual report
「Costs also continued to rise due to the upward trend in energy costs and higher labor costs, and the difficult operating environment persisted.」
The company continued to state that rising costs, including higher energy and labor costs, had contributed to the persistence of a difficult operating environment. - FY2023-Q2RestatedAnnual report
「Costs also continued to rise due to the upward trend in energy costs and higher labor costs, and the difficult operating environment persisted.」
The company continued to state that rising costs, including higher energy and labor costs, had contributed to the persistence of a difficult operating environment. - FY2023-Q1WorsenedAnnual report
「Costs also continued to rise due to the upward trend in energy costs and higher labor costs, and the difficult operating environment persisted.」
In addition to previous increases in procurement prices and raw-material costs, the company cited higher energy and labor costs, broadening the scope of cost inflation. - FY2022WorsenedAnnual report
「④ Cost inflation (a) Higher procurement prices (b) Higher utility, logistics and construction costs (c) Higher labor and recruitment costs」
In addition to the previous increases in procurement prices and raw-material costs, the company expanded the scope of the operating-environment challenges to include higher utility, logistics, construction, labor and recruitment costs. - FY2019First statedAnnual report
「Gross profit was ¥30.366 billion and the gross profit margin was 27.4%, down 0.5 percentage points from the previous consolidated fiscal year. This was due to factors including higher procurement prices and raw-material costs in the supermarket and drugstore businesses, which kept the cost of sales elevated.」
The company stated that higher procurement prices and raw-material costs kept the cost of sales elevated, resulting in a gross profit margin of 27.4%, down 0.5 percentage points year on year.