Soaring Aluminum Ingot Prices and Difficulty Passing Through Costs
First written in FY2016. 19 of 34 entries say "Restated". Latest entry: FY2026.
Nakabohtec Corrosion Protecting moved to the "Worse" side of this theme in 2022, 5 years after the typical company in this theme (2017).
The whole theme swung hardest in 2025: 3 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In terms of earnings, partly due to the impact of increased labor costs resulting from higher market wage rates compared with the same period of the previous year, ordinary profit was ¥1,384 million, down ¥117 million from the previous fiscal year.」
Regarding the previously recognized risk of higher costs, increased labor costs resulting from higher market wage rates actually emerged as a factor reducing full-year ordinary profit by ¥117 million year on year. - 2026-05-11Cited as achievedEarnings
「Partly due to the impact of higher labour costs resulting from rising wage rates compared with the same period of the previous year, ordinary profit decreased by ¥117 million from the previous fiscal year to ¥1,384 million.」
The increase in labour costs associated with rising wage rates was reflected in full-year earnings as a factor contributing to the decline in ordinary profit. - FY2026-H1MaterialisedAnnual report
「In terms of earnings, in addition to the business characteristic of sales being concentrated in the third- and fourth-quarter accounting periods, increased labor costs resulting from higher market wage rates compared with the same period of the previous year resulted in an ordinary loss of ¥109 million for the six months ended the second quarter, compared with ordinary profit of ¥56 million in the same period of the previous year, and an interim net loss of ¥86 million, compared with net income of ¥30 million.」
Regarding the previously recognized risk of higher material and labor costs, increased labor costs resulting from higher market wage rates actually affected earnings, resulting in an ordinary loss and an interim net loss. - FY2025MitigatedAnnual report
「In terms of profit and loss, higher prices for key raw materials due to market conditions were a negative factor, but increased sales, cost-reduction efforts through efficiency improvements using DX, and progress in passing higher raw material and other costs on to selling prices supported earnings. Ordinary profit increased by ¥298 million from the previous fiscal year to ¥1,502 million, while net income increased by ¥212 million to ¥1,047 million.」
While factors driving higher key raw material prices remain, the company explains that profits improved as cost pass-through progressed, together with increased sales and cost reductions. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim accounting period. In addition, there have been no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to business and other risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2024MitigatedAnnual report
「If the annual average purchase price of aluminum ingot rises by ¥10/kg and the increase cannot be passed on to product prices, profit will decline by approximately ¥30 million per year. The company seeks to mitigate the risk of surging prices by obtaining daily market information from each of its ingot-trading companies, purchasing more than needed several months ahead when prices are below its budgeted price, and limiting purchases as much as possible when prices are above it.」
While maintaining a numerical sensitivity measure for raw material price risk, the company provides specific details of its response, including obtaining daily market information, purchasing in advance and restraining purchases. - FY2024-Q3RestatedAnnual report
「In terms of earnings, in addition to the favorable impact of the key raw material prices that surged last year turning lower, the absence of one-off expenses associated with relocating the head office resulted in ordinary profit of ¥481 million for the nine months ended the third quarter, compared with ¥239 million in the same period of the previous year, and quarterly net income of ¥322 million, compared with ¥154 million.」
The favorable impact of lower key raw material prices continued, and ordinary profit and quarterly net income exceeded the levels of the same period of the previous year. There was no substantive change from the previous quarter in the explanation of the risk of surging raw material prices. - FY2024-Q2MitigatedAnnual report
「In terms of earnings, in addition to the favorable impact of the key raw material prices that surged last year turning lower, the absence of one-off expenses associated with relocating the head office resulted in an ordinary loss of ¥55 million for the six months ended the second quarter, compared with a loss of ¥198 million in the same period of the previous year, and a quarterly net loss of ¥48 million, compared with a loss of ¥151 million.」
Regarding the risk of surging key raw material prices, prices turned lower and had a favorable impact, reducing the ordinary loss and quarterly net loss from the levels of the same period of the previous year. - FY2023WorsenedAnnual report
「If the annual average purchase price of aluminum ingot rises by ¥10/kg and the increase cannot be passed on to product prices, profit will decline by approximately ¥30 million per year.」
For the first time, the risk of higher raw material prices was quantified through a specific sensitivity measure, showing an annual profit decline of approximately ¥30 million if the annual average price rises by ¥10/kg and the increase cannot be passed on. - FY2023-Q3WorsenedAnnual report
「In terms of earnings, the impact of surging key raw material and energy costs and one-off expenses associated with relocating the head office resulted in ordinary profit of ¥239 million for the nine months ended the third quarter, compared with ¥481 million in the same period of the previous year, and quarterly net income of ¥154 million, compared with ¥321 million.」
The continued surge in key raw material and energy costs affected performance, and ordinary profit and quarterly net income fell below the levels of the same period of the previous year. The impact of cost-increase risks on performance continues. - FY2023-Q2WorsenedAnnual report
「In terms of earnings, in addition to the business characteristic of sales being concentrated in the third- and fourth-quarter accounting periods, the impact of surging key raw material and energy costs and one-off expenses associated with relocating the head office resulted in an ordinary loss of ¥198 million for the six months ended the second quarter, compared with ordinary profit of ¥41 million in the same period of the previous year, and a quarterly net loss of ¥151 million, compared with net income of ¥19 million.」
The continued surge in key raw material and energy costs affected performance, and ordinary profit in the same period of the previous year turned into an ordinary loss. The realized impact of cost-increase risks continues. - FY2023-Q1WorsenedAnnual report
「In terms of earnings, in addition to the business characteristic of sales being concentrated in the third- and fourth-quarter accounting periods, higher prices for key raw materials and energy and expenses related to relocating the head office resulted in an ordinary loss of ¥276 million for the three months ended the first quarter, compared with a loss of ¥73 million in the same period of the previous year, and a quarterly net loss of ¥200 million, compared with a loss of ¥71 million.」
The previously identified risk of higher prices for aluminum and other materials was explicitly expanded to cover key raw material and energy prices, and the impact on performance, including an ordinary loss of ¥276 million, was also disclosed. - FY2022-Q3MaterialisedAnnual report
「In terms of earnings, affected by surging prices for aluminum, a key raw material, ordinary profit for the nine months ended the third quarter was ¥481 million, compared with ¥589 million in the same period of the previous year, and quarterly net income was ¥321 million, compared with ¥398 million.」
The company explains that the previously recognized risk of surging aluminum prices actually affected profit, with ordinary profit and quarterly net income falling below the levels of the same period of the previous year. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2019RestatedAnnual report
「If prices for aluminum ingot and other materials, which are the main raw materials for our products, surge, there is a risk that we will be unable to pass the increase on to product prices immediately.」
The company continues to disclose the risks of surging prices for aluminum ingot and other raw materials and difficulty passing on costs. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2018MaterialisedAnnual report
「In terms of earnings, the decline in margins on individual projects, higher raw material prices, and increases in labor and subcontracting costs coincided, resulting in ordinary profit of ¥469 million, down ¥381 million from the previous fiscal year, and net income of ¥320 million, down ¥254 million.」
Higher raw material prices and increases in labor and subcontracting costs were actual drivers of higher costs, and together with lower margins on individual projects, resulted in ordinary profit declining ¥381 million year on year. - FY2018-Q3MaterialisedAnnual report
「There were also cost-increasing factors, including higher raw material prices and labor costs. Ordinary profit was ¥207 million lower than in the same period of the previous year, when a large number of high-margin large projects were completed.」
The company states that the previously recognized risk of higher costs, including rising raw material prices, materialized as increases in raw material prices and labor costs, resulting in ordinary profit being ¥207 million lower year on year. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to cost-increase risks, including surging aluminum ingot and other material prices, difficulty passing on costs, and rising material and labor costs. - FY2017Expansion of scopeAnnual report
「In its future business activities, the company needs to recognize downside risks including quantitative constraints on public investment, intensifying competition in competitive bidding, soaring material and labor costs, and increasing credit risk.」
In addition to the previously identified risk of higher prices for aluminum ingot and other raw materials, the company explicitly identifies surging material and labor costs as downside risks, broadening the scope of cost-increase risks. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to business and other risks, including surging aluminum ingot and other material prices and difficulty passing on costs. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new or material changes to business and other risks, including surging aluminum ingot and other material prices and difficulty passing on costs. - FY2017-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The company explains that, including the risks of surging aluminum ingot and other material prices and difficulty passing on costs, there have been no material changes to the risks described in the previous fiscal year. - FY2016First statedAnnual report
「If prices for aluminum ingot and other materials, which are the main raw materials for our products, surge, there is a risk that we will be unable to pass the increase on to product prices immediately.」
The company identifies rising prices for key raw materials and the difficulty of passing the increase on to product prices immediately as risks.