Manufacturing and logistics cost risks from higher crude oil prices
First written in FY2017. 8 of 19 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-08-10.
NittoBest moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 6 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- 2026-08-10WorsenedEarnings
「Higher prices for crude oil and naphtha-derived products resulting from heightened tensions in the Middle East」
The Company cited higher prices for crude oil and naphtha-derived products resulting from the situation in the Middle East. - FY2026-H1RestatedAnnual report
「Although the food industry has also shown signs of recovery because of increased inbound demand and other factors, the operating environment remains challenging. Repeated price increases resulting from higher raw-material and labour costs and persistently high energy prices, as well as soaring rice prices, have heightened consumers' awareness of saving on food expenses.」
Higher and persistently elevated raw material and energy prices continue to be described as factors behind the actual difficult operating environment in the food industry. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan’s economy showed moderate recovery in economic activity as restrictions were eased following the reclassification of COVID-19 as a Class 5 disease under the Infectious Diseases Control Act. However, the outlook remains uncertain due to the continuing effects of substantial yen depreciation and persistently high raw material and energy prices.」
The external environment of a significant depreciation of the yen and continued elevated raw material and energy prices is described as a factor sustaining the risks related to manufacturing and logistics costs. - FY2024-Q2WorsenedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan’s economy showed moderate recovery in economic activity as restrictions were eased following the reclassification of COVID-19 as a Class 5 disease under the Infectious Diseases Control Act. However, the outlook remains uncertain due in part to the effects of substantial yen depreciation and higher raw material and energy prices.」
The impact of a significant depreciation of the yen is explicitly identified in addition to higher energy prices, indicating that external-environment risks related to manufacturing and logistics costs continue and have been specified in greater detail. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan’s economy showed moderate recovery in economic activity as restrictions were eased following the reclassification of COVID-19 as a Class 5 disease under the Infectious Diseases Control Act. However, the outlook remains uncertain due in part to the prolonged situation in Ukraine, the effects of yen depreciation and higher raw material and energy prices.」
The external environment of continued increases in, and elevated levels of, raw material and energy prices is described as a factor sustaining the manufacturing and logistics cost risks associated with higher crude oil prices. - FY2023-Q3RestatedAnnual report
「In addition to higher raw material prices and energy prices, including fuel prices and electricity charges, global logistics disruptions have destabilized supply chains, resulting in continued uncertainty about the outlook.」
Higher energy prices, including fuel prices and electricity charges, and logistics disruptions continue to be described as actual factors behind the deterioration in the operating environment. - FY2023-Q2MaterialisedAnnual report
「Meanwhile, amid the impact of the yen's sharp depreciation, the prolonged situation in Ukraine and other factors have led to higher energy prices, including fuel prices and electricity charges, while global logistics disruptions have destabilized supply chains, resulting in continued uncertainty about the outlook.」
Higher energy prices, including fuel prices and electricity charges, continue to be described as actual factors behind the deterioration in the economic environment. - FY2023-Q1MaterialisedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan’s economy showed signs of normalization in social and economic activity as the effects of COVID-19 eased. However, the outlook remains uncertain due in part to higher energy prices, including fuel and electricity prices, resulting from the situation in Ukraine, supply-chain instability caused by global logistics disruptions and the effects of yen depreciation.」
In connection with the previously identified manufacturing and logistics cost risks from higher crude oil prices, rising energy prices, including fuel prices and electricity charges, are described as actual factors behind the deterioration in the economic environment. - FY2022MaterialisedAnnual report
「In the food industry as well, although the food-service sector and other areas were showing signs of recovery compared with the previous year, a full recovery had not yet been achieved. In addition, eating occasions have changed as telework has become more widespread, while the operating environment has become increasingly challenging due in part to surging raw material prices, crude oil prices and electricity charges.」
Regarding cost risks from higher crude oil prices, surging raw material prices, crude oil prices and electricity charges and other factors have also emerged during the year as actual factors behind the deterioration in the operating environment. - FY2022-Q3MaterialisedAnnual report
「In addition, eating occasions have changed as telework has become more widespread, while the operating environment has become increasingly challenging due in part to surging raw material prices, crude oil prices and electricity charges.」
In addition to surging crude oil prices, surging electricity charges and other costs are also described as actual factors behind the deterioration in the operating environment. - FY2021RestatedAnnual report
「Surging crude oil prices not only raise raw material prices, but also increase manufacturing costs, including fuel costs, and logistics costs, which may adversely affect the performance and financial condition of the Group.」
The risks of higher raw material, manufacturing and logistics costs resulting from surging crude oil prices continue to be disclosed. - FY2020RestatedAnnual report
「Surging crude oil prices not only raise raw material prices, but also increase manufacturing costs, including fuel costs, and logistics costs, which may adversely affect the performance and financial condition of the Group.」
The risks of higher raw material, manufacturing and logistics costs resulting from higher crude oil prices continue to be disclosed. - FY2019MaterialisedAnnual report
「In terms of profit, operating profit was ¥948 million, down 30.8% year on year, due to higher raw material prices, fuel costs and logistics expenses, among other factors.」
Higher fuel and logistics costs continue to be described as actual factors reducing profit for the year. The text does not explicitly state a direct causal relationship with crude oil prices. - FY2019-Q3MaterialisedAnnual report
「Operating profit was ¥746 million, down 44.5% year on year; ordinary profit was ¥831 million, down 40.9%; and profit attributable to owners of the parent for the quarter was ¥587 million, down 38.1%, owing to lower revenue and higher raw material, fuel, and logistics costs.」
Higher fuel and logistics costs continue to be explicitly identified as actual factors reducing profit during the cumulative third quarter. As in the previous disclosure, no direct causal relationship with crude oil prices is stated. - FY2019-Q2MaterialisedAnnual report
「Operating profit was ¥180 million, down 69.8% year on year; ordinary profit was ¥247 million, down 62.1%; and profit attributable to owners of the parent for the quarter was ¥182 million, down 62.3%, owing to lower revenue and higher raw material, fuel, and logistics costs.」
Higher fuel and logistics costs are explicitly identified as actual factors reducing profit, indicating that the previously identified risk of higher costs has emerged in performance during the current quarter. - FY2018RestatedAnnual report
「Surging crude oil prices not only raise raw material prices, but also increase manufacturing costs, including fuel costs, and logistics costs, which may adversely affect the performance and financial condition of the Group.」
The risks of higher raw material, manufacturing and logistics costs resulting from surging crude oil prices continue to be disclosed. - FY2018-Q3RestatedAnnual report
「Operating profit was ¥1,345 million, down 8.7% year on year; ordinary profit was ¥1,406 million, down 9.6%; and profit attributable to owners of the parent for the quarter was ¥948 million, down 10.1%, owing to the heavy expense burden associated with the first year of operations of the overseas food business and higher domestic logistics costs.」
Higher domestic logistics costs continue to be described as a factor reducing profit. This disclosure likewise does not explicitly indicate a causal relationship between higher logistics costs and crude oil prices. - FY2018-Q2MaterialisedAnnual report
「With respect to profit, operating profit was ¥599 million, down 14.1% year on year, ordinary profit was ¥654 million, down 16.3%, and profit attributable to owners of the parent for the quarter was ¥484 million, down 8.0%, due to the high expense burden associated with the overseas food business being in its first year of operations and increased domestic logistics costs, among other factors.」
Higher logistics costs were described as an actual factor reducing profit. However, this disclosure does not indicate a causal relationship between higher logistics costs and crude oil prices. - FY2017First statedAnnual report
「Surging crude oil prices not only raise raw material prices, but also increase manufacturing costs, including fuel costs, and logistics costs, which may adversely affect the performance and financial condition of the Group.」
The risk that higher crude oil prices will affect performance and financial condition through raw materials, fuel costs, manufacturing costs and logistics costs is described.