Risk of earnings falling short due to higher raw material prices
First written in FY2022-Q3. 6 of 13 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2018: 2 of 7 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Meanwhile, the outlook remained uncertain due to the impact of prolonged price inflation and interest-rate trends on personal consumption, compounded by uncertainty in overseas conditions.」
It continues to cite the impact of prolonged price inflation on personal consumption and risks in the external environment, including uncertainty in overseas conditions. - FY2026MaterialisedAnnual report
「Against the backdrop of higher prices, some industries became more cautious in considering promotional spending, resulting in divergent performance across industries.」
Surging prices and higher personnel and logistics costs are putting pressure on corporate earnings and are being reflected in the actual business environment through greater caution over promotional spending in certain industries. - FY2025-H1RestatedAnnual report
「During the current interim consolidated fiscal period, the economy entered a gradual recovery trend due to increased foot traffic, a recovery in inbound demand, corporate wage increases and the effects of income tax cuts. However, the outlook remained uncertain due to continued price increases.」
While there are signs of an economic recovery, it continues to cite uncertainty about the outlook caused by sustained price increases. - FY2024MaterialisedAnnual report
「Soaring raw material and energy prices made local companies more cautious about placing advertisements, and sales were at the same level as the previous year.」
The surge in raw material and energy prices was reflected in local companies becoming more cautious about placing advertisements, and sales were at the same level as the previous year. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, economic activity continued to normalise as restrictions were eased, including the reclassification of COVID-19 as a Class 5 disease. However, the outlook remained uncertain due to soaring raw material prices and the prolonged situation in Ukraine.」
It continues to cite uncertainty in the external environment caused by soaring raw material prices and the protracted situation in Ukraine. - FY2023RestatedAnnual report
「However, the outlook for the economy remained uncertain as the protracted situation in Ukraine and price inflation caused by soaring energy and raw material prices continued.」
It continues to cite the protracted situation in Ukraine, soaring energy and raw material prices, and uncertainty in the external environment caused by price inflation. - FY2023-Q3WorsenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, while the effects of COVID-19 continued to linger, economic activity showed signs of normalisation due to the easing of restrictions on people's activities and other measures. However, the outlook remained uncertain due to soaring raw material and energy prices against the backdrop of the situation in Ukraine, the rapid depreciation of the yen and the arrival of the eighth wave of COVID-19 from late November of the previous year.」
In addition to the previously identified surge in resource prices and supply concerns, it explicitly cites the arrival of the eighth wave, indicating heightened uncertainty in the external environment. - FY2023-Q2RestatedAnnual report
「However, the outlook for the economy remained uncertain due to soaring crude oil and raw material prices associated with the protracted situation in Ukraine and the rapid depreciation of the yen.」
It continues to cite the protracted situation in Ukraine, soaring crude oil and raw material prices, and uncertainty in the external environment caused by the rapid depreciation of the yen. - FY2023-Q1WorsenedAnnual report
「However, the outlook for the economy remained uncertain due to the escalating situation in Ukraine, surging raw material prices caused by the rapid depreciation of the yen, and the risk of a renewed spread of infections caused by new variants.」
In addition to the previously identified surge in resource prices and supply concerns, it explicitly cites soaring raw material prices caused by the rapid depreciation of the yen and the escalating situation in Ukraine, heightening uncertainty in the external environment. - FY2022RestatedAnnual report
「Although there are expectations for vaccinations, the outlook is expected to remain uncertain due to supply concerns in the supply chain, soaring resource prices and the international situation surrounding Ukraine.」
In addition to the risk of surging raw material and resource prices, it continues to point to supply concerns across the supply chain and uncertainty in the external environment, including the situation in Ukraine. - FY2022-Q3First statedAnnual report
「However, concerns also remained about downside risks, including the spread of new variants and soaring raw material prices, and the outlook is expected to remain uncertain.」
The filing explicitly identifies, for the first time, the possibility of earnings falling short due to higher raw material prices. It does not state a specific amount of impact or any actual occurrence.