Difficulty passing on higher material costs
First written in FY2016. 25 of 33 entries say "Restated". Latest entry: 2026-10-29.
The whole theme swung hardest in 2022: 34 of 53 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The plant industry related to the Group continues to face various challenges, including soaring raw material prices, rising labor costs associated with labor shortages, the need to respond to digitalization at worksites and in administrative departments, and U.S. tariff measures.」
Soaring raw material prices and rising labor costs associated with labor shortages continue to be disclosed as industry challenges. - FY2025-H1RestatedAnnual report
「In the plant industry served by our Group, while the impact of soaring raw material prices and rising labor costs continued, environmental investment aimed at digitalization and decarbonization increased, and capital investment trends remained solid.」
Continued soaring raw material prices and rising labor costs continue to be disclosed as factors in the business environment. - FY2024RestatedAnnual report
「If material prices rise significantly and it becomes difficult to reflect the increases in contract prices, this may affect the performance of the Group.」
The risk of an impact on earnings if increases in material prices cannot be reflected in contract prices continues to be disclosed. - FY2024-Q3RestatedAnnual report
「In the plant industry served by our Group, despite the impact of rising raw material prices and labor costs, capital investment aimed at digitalization and decarbonization increased, and capital investment trends continued to recover.」
Rising raw material prices and labor costs continue to be cited as factors affecting the business environment. - FY2024-Q2WorsenedAnnual report
「In the plant industry served by our Group, despite the impact of soaring raw material and energy prices and rising labor costs, capital investment trends continued to recover amid investment in digitalization and decarbonization.」
In addition to the previous disclosure of rising raw material prices and labor costs, soaring energy prices were newly identified as a source of cost pressure. - FY2024-Q1RestatedAnnual report
「In the plant industry served by our Group, despite the impact of rising raw material prices and labor costs, investment in digitalization and decarbonization remained solid, and capital investment trends continued to recover.」
Rising raw material prices and labor costs continue to be cited as factors affecting the business environment. - FY2023-Q3WorsenedAnnual report
「In the plant industry related to the Group, although factors such as rising labor costs, soaring raw material prices and supply constraints were present, capital investment trends continued to show signs of recovery, supported by steady investment in environmental measures aimed at decarbonization, regular maintenance work at chemical plants, and renewal investment due to aging facilities.」
In addition to rising labor costs and soaring raw material prices, supply constraints were explicitly identified as a new cost and supply-side factor. Meanwhile, the recovery in capital investment trends has continued. - FY2023-Q2RestatedAnnual report
「In the plant industry served by our Group, despite factors such as rising raw material prices and labor costs, environmental investment aimed at decarbonization, electronics-related capital investment associated with semiconductor shortages, and renewal investment for aging facilities remained solid. As a result, capital investment trends continued to recover.」
Rising raw material prices and labor costs continue to be disclosed as business-environment factors affecting capital investment trends. - FY2023-Q1RestatedAnnual report
「In the plant industry served by our Group, despite factors such as rising raw material prices and labor costs, environmental investment in decarbonization-related facilities, scheduled maintenance work at oil and chemical plants, and renewal investment associated with aging facilities remained solid, and capital investment trends continued to recover.」
Rising raw material prices and labor costs continue to be cited as factors affecting the business environment. - FY2022-Q3RestatedAnnual report
「In the plant industry served by our Group, despite the impact of the novel coronavirus infection and rising raw material prices, capital investment trends continued to recover.」
While increases in raw material prices continue to affect the business environment, capital investment trends are stated to have recovered. - FY2022-Q2RestatedAnnual report
「In the plant industry served by our Group, uncertainty remained due to the novel coronavirus infection and the impact of rising raw material prices, but overall capital investment trends recovered.」
Continued increases in raw material prices are disclosed as a source of uncertainty in the business environment. - FY2022-Q1RestatedAnnual report
「In the plant industry served by our Group, despite the impact of the novel coronavirus infection and rising raw material prices, overall capital investment trends and other indicators showed signs of recovery.」
The challenge in the business environment posed by continued increases in raw material prices is disclosed together with signs of recovery in capital investment trends and other areas. - FY2021RestatedAnnual report
「If material prices rise significantly and it becomes difficult to reflect the increases in contract prices, this may affect the performance of the Group.」
The risk of an impact on earnings if increases in material prices cannot be reflected in contract prices continues to be disclosed. - FY2020RestatedAnnual report
「If material prices rise significantly and it becomes difficult to reflect the increases in contract prices, this may affect the performance of the Group.」
The risk of an impact on earnings if increases in material prices cannot be reflected in contract prices continues to be disclosed in the same terms. - FY2020-Q3RestatedAnnual report
「In the plant industry served by our Group, capital investment to streamline, make more labor-efficient and automate customers’ domestic production facilities continued, while rising labor costs due to labor shortages and soaring material costs remained challenges.」
Cost pressure from higher labor costs associated with labor shortages and soaring material costs continues to be disclosed as an industry challenge. - FY2020-Q2RestatedAnnual report
「In the plant industry served by our Group, capital investment to streamline, make more labor-efficient and automate customers’ domestic production facilities continued, while rising labor costs due to labor shortages and soaring material costs remained challenges.」
Cost pressure from higher labor costs associated with labor shortages and soaring material costs continues to be disclosed as an industry challenge. - FY2020-Q1RestatedAnnual report
「In the plant industry served by our Group, capital investment in the streamlining, labor-saving and automation of customers’ existing domestic facilities, as well as investment in growth fields, continued. At the same time, the operating environment remained challenging due to labor shortages, soaring material costs and other factors.」
The situation in which labor shortages and soaring material costs are putting pressure on the business environment continues to be disclosed. - FY2019-Q3RestatedAnnual report
「In the plant industry served by our Group, customer capital investment in streamlining and labor-saving, as well as maintenance and renewal, remained solid against a backdrop of aging facilities. At the same time, risks such as pressure on corporate earnings from rising material and labor costs remained, and the operating environment continued to be challenging.」
The risk that rising material costs and labor costs associated with labor shortages will squeeze corporate earnings continues to be disclosed. - FY2019-Q2RestatedAnnual report
「In the plant industry served by our Group, capital investment to increase the added value and efficiency of customers’ domestic production facilities, as well as investment to shift to high-performance products, continued. At the same time, risks such as pressure on corporate earnings from rising material and labor costs remained, and the operating environment continued to be challenging.」
The risk that rising material costs and labor costs associated with labor shortages will squeeze corporate earnings continues to be disclosed. - FY2019-Q1WorsenedAnnual report
「In the plant industry served by our Group, capital investment to increase the added value and efficiency of customers’ domestic production facilities, as well as investment to shift to high-performance products, continued. At the same time, the operating environment remained challenging, including the impact of rising construction costs against a backdrop of increasingly severe labor shortages.」
The disclosure explicitly states that labor shortages are becoming “more serious” and addresses the resulting impact of higher construction costs, indicating greater cost pressure than in the previous disclosure of rising material and labor costs. - FY2018RestatedAnnual report
「If material and other costs rise significantly and it is difficult to reflect them in contract prices, business performance may be affected.」
The risk of an impact on earnings if increases in material prices cannot be reflected in contract prices continues to be disclosed. - FY2018-Q3WorsenedAnnual report
「In the plant industry served by our Group, capital investment in the streamlining and labor-saving of customers’ existing domestic facilities continued. At the same time, risks such as pressure on corporate earnings from rising construction costs due to chronic labor shortages and soaring raw material prices remained, and the operating environment continued to be challenging.」
In addition to the previous wording concerning rising material and labor costs, chronic labor shortages, soaring raw material prices and rising construction costs are now explicitly stated. - FY2018-Q2RestatedAnnual report
「In the plant industry served by our Group, capital investment projects aimed at streamlining and concentrating customers’ domestic production facilities continued. At the same time, risks such as pressure on corporate earnings from rising labor costs due to material cost increases and labor shortages remained, and the operating environment continued to be challenging.」
The risk that rising material costs and labor costs associated with labor shortages will squeeze corporate earnings continues to be disclosed as a factor contributing to the challenging business environment. - FY2018-Q1RestatedAnnual report
「In the plant industry served by our Group, capital investment projects associated with consolidation and restructuring through the streamlining and concentration of customers’ domestic production facilities are trending upward, including shifts from commodity products to high-performance products. At the same time, risks such as pressure on corporate earnings from rising material and labor costs remained, and the operating environment continued to be challenging.」
The risk that rising material and labor costs, among others, will squeeze corporate earnings continues to be disclosed alongside the trend of increasing capital investment projects. - FY2017RestatedAnnual report
「If material and other costs rise significantly and it is difficult to reflect them in contract prices, business performance may be affected.」
The impact on business performance if higher material costs cannot be passed on to contract prices is described using the same wording. - FY2017-Q3RestatedAnnual report
「In the plant industry served by our Group, the operating environment remained challenging. Consolidation and restructuring through the streamlining and concentration of customers’ production facilities continued, while risks such as pressure on corporate earnings from rising material and labor costs also remained.」
The statement continued to describe the risk of pressure on corporate earnings from rising material and labor costs and other expenses as one factor contributing to the challenging business environment. - FY2017-Q2RestatedAnnual report
「In the plant industry related to the Group, a challenging business environment continued as customers advanced the consolidation and overseas relocation of their production facilities, while risks such as pressure on corporate earnings from higher material and labour costs also emerged.」
The risk of pressure on corporate earnings from rising material and labor costs and other expenses, identified in the previous quarter, was reiterated in the same context. - FY2017-Q1ReframedAnnual report
「Risks such as pressure on corporate earnings from rising material and labor costs remained, and the operating environment continued to be challenging.」
The wording expanded from difficulty passing on higher material costs to the risk that increases in material and labor costs and other expenses could pressure corporate earnings. - FY2016First statedAnnual report
「If material and other costs rise significantly and it is difficult to reflect them in contract prices, business performance may be affected.」
The statement identified the potential impact on business performance if higher material costs cannot be passed on to contract prices.