Price revisions in response to soaring raw material and energy prices
First written in FY2023-Q1. 6 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company worked on measures including “developing new products and strengthening sales promotion,” “improving productivity by reviewing production and processing structures,” “continuing cost reduction measures,” and “reducing raw material procurement risk through supplier diversification and specification changes.”」
The Company continued earnings measures including price revisions and cost reductions, combining new product development and sales promotion, production structure reviews, cost reductions and supplier diversification. - FY2025-H1RestatedAnnual report
「In processed products, the Company revised prices in May, sought to increase sales volumes through customer-specific initiatives and held individual business meetings.」
The Company continued measures to recover sales volumes through the May price revisions, customer-specific initiatives and individual business meetings. No specific numerical targets or actual results for sales volumes were disclosed. - FY2024AdvancedAnnual report
「As a result of the effect of the price revisions and efforts to reduce costs, the Company recorded operating profit of ¥144 million, compared with an operating loss of ¥216 million in the same period of the previous year; ordinary profit of ¥173 million, compared with an ordinary loss of ¥167 million; and net income attributable to owners of the parent of ¥123 million, compared with a net loss attributable to owners of the parent of ¥191 million.」
The Company continued price revisions and cost reductions, and operating profit, ordinary profit and net income returned to positive territory from losses in the previous year. - FY2024-Q3RestatedAnnual report
「In processed-product sales, the company implemented a price revision in April, worked to restore sales volume through single-item mass sales and customer-specific initiatives, and held new-product proposal events.」
Based on the April price revisions, the Company continued efforts to recover sales volumes through high-volume sales of individual products and customer-specific initiatives, as well as holding meetings to propose new products. While the price revisions and cost reductions improved earnings, overall sales volumes and net sales were below the same period of the previous year. - FY2024-Q2RestatedAnnual report
「In processed-product sales, the company implemented a price revision in April, worked to restore sales volume through single-item mass sales and customer-specific initiatives, and held new-product proposal events.」
The Company described the April price revisions as an ongoing earnings measure and sought to recover sales volumes through high-volume sales of individual products and customer-specific initiatives. Although the price revisions had an effect, cumulative sales volumes and net sales were below the same period of the previous year. - FY2024-Q1AdvancedAnnual report
「In processed-product sales, the company implemented a price revision in April and worked to restore sales volume through single-item mass sales.」
The Company implemented price revisions in April and sought to recover sales volumes through high-volume sales of individual products. The effect of the price revisions and cost reductions enabled operating profit to return to positive territory in the quarter. - FY2023-Q3RestatedAnnual report
「However, it was difficult to absorb the sharp increases in raw material prices and energy costs through the Company’s own efforts alone, so the Company implemented price revisions to stabilize earnings.」
The Company continued implementing price revisions in response to rising raw material prices and energy costs as a measure to stabilize earnings. - FY2023-Q2RestatedAnnual report
「However, it was difficult to absorb the sharp increases in raw material prices and energy costs through the Company’s own efforts alone, and price revisions were implemented. As a result, although the price revisions had a certain effect, net sales for the cumulative second quarter of the current consolidated fiscal year fell to ¥14.540 billion, down 0.3% year on year, as sales volumes declined amid consumers’ increasingly strong preference for saving in response to successive price increases.」
The Company reiterated the price revisions implemented in response to rising raw material and energy costs and their certain effect. Meanwhile, net sales declined 0.3% year on year due to lower sales volumes. - FY2023-Q1First statedAnnual report
「However, the company was unable to absorb the sharp increases in procurement prices and fuel costs, among others, through its own efforts alone, and implemented price revisions.」
The Company newly disclosed that it had implemented price revisions in response to soaring raw material and fuel costs, among other factors, as a measure to address earnings through the pass-through of costs.