Revising product prices in response to higher raw-material costs
First written in FY2016. 6 of 13 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2020: 2 of 18 companies on the "Worse" side.
70 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In response to soaring raw-material prices, selling prices for certain products were revised during the current consolidated fiscal year.」
The company revised selling prices for certain products during the current consolidated fiscal year in response to soaring raw-material prices. The disclosure also states that foodservice sauce sales were affected by the price increases from November 2024. - FY2025-H1AdvancedAnnual report
「Because of the significant impact of soaring raw-material prices, prices for 45 foodservice NB products will be revised from November 2024 to improve profitability.」
The company has indicated plans to revise prices for 45 foodservice NB products from November 2024 in response to soaring raw-material prices. - FY2024-Q2RestatedAnnual report
「“Household sauces” were ¥4.153 billion, up 6.8% year on year, as sales volumes, which had declined due to the effect of price revisions implemented in the previous consolidated fiscal year, showed signs of recovery.」
The disclosure states that sales volumes of household sauces showed signs of recovery after declining as a result of the previous fiscal year’s price revisions. - FY2024-Q1RestatedAnnual report
「We will work to improve profits by establishing the price revisions implemented in the previous fiscal year and reviewing raw materials, among other measures.」
The company has reaffirmed its policy of establishing the price revisions implemented in the previous fiscal year and pursuing profit improvement together with a review of raw materials and other measures. - FY2023AdvancedAnnual report
「Although sales increased after product prices were revised twice, in June 2022 and February 2023,」
Following the June 2022 revision, the company also revised prices for certain products in February 2023, moving from a planned pricing response to multiple implemented revisions. - FY2023-Q3AdvancedAnnual report
「Raw-material and fuel prices are expected to continue rising, and we will implement another price revision for certain products in February 2023.」
The company has explicitly stated its plan to implement another price revision for certain products in February 2023 in response to rising raw-material and fuel prices, following the price revision in June 2022. - FY2023-Q2RestatedAnnual report
「Our group also revised prices for certain products from June 2022, but」
The company has reaffirmed that it revised prices for certain products from June 2022 and that the burden on household budgets and consumers’ inclination to economize have continued to increase since then. - FY2023-Q1AdvancedAnnual report
「As it became difficult to continue providing consumers with a stable supply of products while maintaining quality through the company’s efforts alone, prices for certain products were revised for shipments made on or after 1 June 2022.」
The disclosure specifically states that prices for certain products were revised for shipments made on or after 1 June 2022 in response to higher raw-material, fuel and other costs. - FY2022ReframedAnnual report
「As it became difficult to maintain selling prices through the company’s efforts alone, prices for certain products were revised for shipments made on or after 1 June 2022.」
The company’s response to pricing has become more specific, moving from establishing price revisions from prior fiscal years to revising prices for certain products shipped on or after 1 June 2022 against a backdrop of higher raw-material and fuel costs. - FY2017DroppedAnnual reportThe FY2017 Securities Report contains no disclosure confirming that price revisions from prior fiscal years had become established.
- FY2017-Q3RestatedAnnual report
「Against this backdrop, the Group worked to establish the price revisions implemented the year before last while continuing to communicate the value of sauces and seeking to expand sales of household and commercial-use products.」
The company continues its efforts to establish the price revisions implemented in the past. - FY2017-Q2AdvancedAnnual report
「Our group has worked to establish the price revisions implemented last year, continuously communicated the value of our sauces, and sought to expand sales of household and foodservice products.」
The price revisions implemented in the previous fiscal year have progressed from the implementation stage to the stage of becoming established. - FY2016First statedAnnual report
「Having determined that higher costs could not be absorbed through the company’s efforts alone, we revised prices for Bulldog Sauce products from August and for Ikari Sauce products from September.」
The company determined that the higher costs could not be absorbed through cost reductions alone and implemented price revisions for the two brands at different times.