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Mitsui DM Sugar (2109) · InitiativeRestated

Shipment price increases in response to rising raw-material purchasing costs

First written in FY2017-Q2. 10 of 19 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2024-Q3.

19entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019 – FY2021-Q3AdvancedFY2021 – FY2024-Q22016: 12017: 320172018: 220182019: 220192020: 020202021: 320212022: 320222023: 420232024: 1
Same theme, other companies
Stable Procurement of Raw Materials and Response to Price FluctuationsA theme 35 companies write about · 15 as a headwind · 21 as a tailwind

The whole theme swung hardest in 2018: 4 of 16 companies on the "Worse" side.

12 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 35 companies compared. The sentences above are computed from all 35.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3RestatedAnnual report

    「In terms of profit, higher costs for raw materials, ocean freight, packaging materials and logistics had a significant impact. To absorb these costs, shipment prices were increased by ¥12 per kg in July and by a further ¥10 per kg in October.」

    The shipment price increases in July and October to absorb higher costs were reconfirmed.
  2. FY2024-Q2AdvancedAnnual report

    「To absorb these various cost increases, shipment prices were increased by ¥12 per kg in July and by a further ¥10 per kg in October.」

    Shipment prices were increased by ¥12 per kg in July and by a further ¥10 per kg in October in response to higher costs.
  3. FY2024-Q1AdvancedAnnual report

    「To absorb these various cost increases, shipment prices were increased by ¥12 per kg in July.」

    Shipment prices were increased by ¥12 per kg in July in response to higher costs.
  4. FY2023AdvancedAnnual report

    「Although shipment prices were increased 3 times during the fiscal year, by a total of ¥24 per kg, profits were significantly affected by higher raw-material costs, ocean freight, factory energy costs, packaging materials and logistics costs resulting from elevated overseas raw sugar and energy prices and the rapid depreciation of the yen.」

    To pass higher costs through to prices, shipment prices were increased 3 times during the fiscal year, by a total of ¥24 per kg.
  5. FY2023-Q3AdvancedAnnual report

    「Shipment prices were increased by ¥6 per kg in December in response to higher raw-material costs, ocean freight, factory energy costs, packaging materials and logistics costs resulting from elevated overseas raw sugar and crude oil prices and the weaker yen. However, these various cost increases have continued, and prices were increased by a further ¥6 in January.」

    Regarding the previously scheduled price revisions, shipment prices were increased by ¥6 per kg in December and by a further ¥6 in January.
  6. FY2023-Q2AdvancedAnnual report

    「In response to elevated overseas raw sugar and crude oil prices and the rapid depreciation of the yen, we implemented several shipment price increases as higher raw-material costs, ocean freight, factory energy costs, packaging materials and logistics costs had a significant impact on profits. These various cost increases are continuing, and shipment prices are scheduled to be increased by ¥6 in December.」

    In addition to the previous price increases, several increases were implemented in response to higher raw-material costs, ocean freight, factory energy costs, packaging materials and logistics costs, with a further ¥6 increase scheduled for December.
  7. FY2023-Q1RaisedAnnual report

    「To absorb these rising costs, shipment prices are scheduled to be increased by ¥12 in July.」

    Following the previous price revisions, a ¥12 shipment price increase is scheduled for July to absorb higher costs.
  8. FY2022-Q3AdvancedAnnual report

    「To absorb increases in various costs, our shipment prices were each increased by ¥6 in July and December.」

    As a response to higher raw-material and logistics costs, shipment prices were increased by ¥6 per kg in December, following the July increase.
  9. FY2022-Q2AdvancedAnnual report

    「Against the backdrop of soaring and elevated overseas raw sugar prices since the previous fiscal year, the weaker yen and rising global ocean-freight costs amid the COVID-19 pandemic, shipment prices were increased by ¥6 in July, bringing the price to ¥198–199 per kg at the end of the second quarter.」

    As a specific price revision in response to higher raw-material and logistics costs, shipment prices were increased by ¥6 per kg in July.
  10. FY2021AdvancedAnnual report

    「However, the issuance of the second state of emergency declaration caused business-use demand, including demand from souvenir shops and the food-service industry, to decline again. Although the company worked to maintain stable production, revenue and profit declined.」

    In response to soaring overseas raw sugar prices, shipment prices were increased by ¥5 per kg in March 2021. Pricing adjustments in response to raw-material price fluctuations moved into the implementation phase.
  11. FY2021-Q3RestatedAnnual report

    「In this business environment, the Company worked to procure raw sugar appropriately and maintain an appropriate range of selling prices.」

    The company reconfirmed its established policy of combining adjustments to raw sugar procurement and sales prices.
  12. FY2020-Q1RestatedAnnual report

    「Under these circumstances, we focused on maintaining an appropriate sales-price range.」

    The policy of maintaining an appropriate sales-price range has continued amid fluctuations in raw sugar prices and the sales environment.
  13. FY2019RestatedAnnual report

    「The domestic market price of refined white sugar began the period at ¥189–190 per kg and ended at ¥187–188 after shipment prices were reduced in July in response to the decline in overseas raw sugar prices.」

    Shipment prices were reduced in response to the decline in overseas raw sugar prices, and sales-price adjustments suited to market conditions have continued.
  14. FY2019-Q2AdvancedAnnual report

    「In response to the decline in overseas raw sugar prices, shipment prices were reduced in late July.」

    In response to the decline in raw sugar prices, the shipment price reduction moved from the announcement stage to the implementation stage.
  15. FY2019-Q1ReframedAnnual report

    「In this business environment, the Company worked to procure raw sugar appropriately and maintain an appropriate range of selling prices.」

    The policy is expressed as an ongoing approach of maintaining an appropriate sales-price range, rather than making individual adjustments by raising or lowering shipment prices.
  16. FY2018-Q2AdvancedAnnual report

    「In terms of sales, we implemented shipment price reductions from early July in response to lower raw-material procurement costs. However, shipments to beverage customers were sluggish due to poor summer weather, and lower sales to mass retailers also had an impact, resulting in total sales volume falling below the same period of the previous year.」

    The shipment price reduction announced in the previous quarter in response to lower raw-material procurement costs moved into the implementation phase from early July.
  17. FY2018-Q1ReframedAnnual report

    「In response to lower raw-material procurement costs, we announced a shipment price reduction at the end of June.」

    The policy direction changed from raising shipment prices in response to higher raw-material procurement costs to lowering shipment prices in response to lower costs.
  18. FY2017-Q3RestatedAnnual report

    「In terms of sales, we implemented a shipment price increase in September in response to higher raw-material procurement costs.」

    The September shipment price increase in response to higher raw-material procurement costs was reconfirmed.
  19. FY2017-Q2First statedAnnual report

    「In addition, in response to higher raw-material procurement costs, we implemented a shipment price increase in late September.」

    Shipment prices were increased in late September in response to higher raw-material procurement costs.
Moved together

"Making the food science business the Group's second core business after sugar" moved the same way as this thread, in the same document, in 4 of its 19 moves.

444433★123456
  1. ★This thread
  2. 1Making the food science business the Group's second core business after sugar4×
  3. 2Asian Expansion Centered on China and Thailand4×
  4. 3Overall optimization of the domestic sugar business through J-Sugar20224×
  5. 4Business Integration with Dainippon Meiji Sugar and Capital and Business Alliance with Nippon Beet Sugar4×
  6. 5Contingent burden arising from guarantee obligations to non-consolidated companies3×
  7. 6Exploration of New Functions and Applications for Sugarcane Extract3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Mitsui DM Sugar's next results are scheduled for 2026-10-30. Read the earnings preview
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Shipment price increases in response to rising raw-material purchasing costs | Mitsui DM Sugar Co.,Ltd. (2109) | Komori