Higher Quarrying Costs Due to Rising Prices for Electricity, Fats and Oils, and Other Inputs
First written in FY2023-Q2. 1 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 122 of 167 companies on the "Worse" side.
34 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Sales in higher price ranges increased, while productivity improvements reduced the cost ratio. Revenue rose 1.7% year on year to ¥436 million, and operating profit increased by ¥13 million to ¥117 million, up 12.6% year on year, resulting in higher revenue and profit.」
The Company states that in the quarrying business, higher sales in premium price ranges and improved cost ratios through productivity gains helped mitigate the impact of rising costs on profit. - FY2023WorsenedAnnual report
「In the quarrying business segment, shipments for surrounding construction projects remained firm during the current consolidated fiscal year, and rush demand following the announcement of crushed-stone price increases from April onward also contributed to revenue growth. Revenue rose 15.4% year on year to ¥373 million, but segment profit fell 11.7% to ¥31 million due to substantial increases in the costs of electricity, lubricants and other items.」
Higher costs for electricity, lubricants and other items continued throughout the fiscal year, and the quarrying business posted a 11.7% year-on-year decline in segment profit despite higher revenue. - FY2023-Q3RestatedAnnual report
「Sharp price increases for electricity, lubricants and other items increased costs, resulting in revenue of ¥50 million, down 24.8% year on year, and higher revenue but lower profit.」
Higher costs and lower profit in the quarrying business due to sharp price increases for electricity, lubricants and other items have continued. - FY2023-Q2First statedAnnual report
「Sharp price increases for electricity, lubricants and other items increased costs,」
In the quarrying business, sharp price increases for electricity, lubricants and other items resulted in higher costs and led to a 42.7% year-on-year decline in segment profit.