Rising Raw Material Prices and Other Costs
First written in FY2022-Q1. 10 of 17 entries say "Worsened", first in FY2022-Q3. Latest entry: 2026-08-12.
Kibun Foods moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 122 of 167 companies on the "Worse" side.
55 other companies' latest entry also says "Worsened".
- 2026-08-12WorsenedEarnings
「In terms of profit, although the proportion of the company's own products increased and the sales mix for the retail division also rose, profit declined due to higher prices for some materials resulting from the situation in the Middle East.」
Higher material costs resulting from the situation in the Middle East caused the domestic food business segment loss to widen from ¥251 million in the same period of the previous year to ¥320 million. - FY2026WorsenedAnnual report
「In terms of profit, in addition to higher prices for the main ingredient, surimi, the prices of raw materials, particularly secondary ingredients such as eggs and vegetables and packaging and other materials, rose more than expected. The resulting increase in costs could not be offset by higher sales, price revisions or productivity improvements, resulting in lower profit.」
Prices for surimi, secondary ingredients and supplies rose more sharply than expected and could not be fully absorbed through price revisions or productivity improvements. Segment profit in the domestic food business declined 49.3%. - FY2026-H1WorsenedAnnual report
「In terms of profit, the continued rise in raw material prices, particularly frozen surimi, together with increases in transportation, personnel, advertising and promotional expenses, resulted in lower profit. As a result, segment sales were ¥32,974 million, an increase of ¥804 million, or 2.5%, year on year, while the segment loss was ¥1,214 million, a deterioration of ¥925 million year on year.」
Cost increases for frozen surimi, transportation, personnel, advertising and promotional expenses continued, and the domestic food business segment loss widened from ¥289 million in the same period of the previous year to ¥1,214 million. - FY2025-H1MitigatedAnnual report
「In terms of profit, profit increased due to stable raw material prices, an improved business mix, and successful cost reductions and efficiency improvements.」
Raw material prices stabilised, while improvements in the business mix and successful cost reductions and efficiency improvements partly eased the cost pressures previously anticipated in the domestic food business during the interim period. - FY2024RestatedAnnual report
「In addition to higher energy and other costs, consumers are expected to remain focused on saving because it will take time for wage growth in real terms to catch up with rising prices.」
The company continues to recognise rising costs, including those for raw materials and energy, and high inflation as risks in the operating environment. Meanwhile, profit in the domestic food business improved as the price revision gained traction and surimi prices stabilised. - FY2024-Q3RestatedAnnual report
「In terms of profit, profit increased as the price revision gained traction and prices for surimi, the main raw material, stabilised.」
Although the risk of higher costs for supplies and energy remains, the price revision gaining traction and surimi prices stabilising led to improved profit in the domestic food business. - FY2024-Q2RestatedAnnual report
「In terms of profit, although costs for supplies and energy remained high, profit increased as the price revision gained traction and prices for surimi, the main raw material, stabilised.」
Although supplies and energy costs remained high, the impact of cost increases was partly contained as the price revision gained traction and surimi prices stabilised. - FY2024-Q1MitigatedAnnual report
「In terms of profit, although costs including those for supplies and energy remained high, profit increased as the price revision implemented at the end of February gained traction and prices for surimi, the main raw material, began to stabilise.」
Although costs for supplies and energy remained high, the impact of cost increases was partly mitigated as the price revision gained traction and surimi prices stabilised. The domestic food business segment loss narrowed from ¥429 million in the same period of the previous year to ¥194 million. - FY2023WorsenedAnnual report
「In terms of profit, the company implemented initiatives to improve margins through price revisions and to improve production and operating efficiency, but was significantly affected by continued increases in raw material and energy prices beyond expectations.」
Raw material, supplies and energy prices continued to rise throughout the year and could not be fully absorbed even through price revisions and efficiency improvements. Segment profit in the domestic food business declined from ¥2,010 million in the previous year to ¥40 million. - FY2023-Q3WorsenedAnnual report
「In terms of profit, costs for raw materials, supplies and energy continued at significantly higher-than-expected levels. To address this, the company revised prices for some regular and New Year products effective from deliveries arriving at stores on 29 August, following the previous revision in February 2022, but was unable to fully absorb the cost increases. As a result, segment sales were ¥58,440 million, up 7.9% year on year, while the segment posted a loss of ¥191 million, compared with segment profit of ¥1,791 million in the same period of the previous year.」
Costs for raw materials, supplies and energy continued at significantly higher-than-expected levels and could not be fully absorbed even after the price revision. The domestic food business moved from segment profit of ¥1,791 million in the same period of the previous year to a loss of ¥191 million. - FY2023-Q2WorsenedAnnual report
「In the domestic food market, the core fish paste products continued to perform firmly. In particular, sales of crab-flavoured kamaboko and chikuwa, as well as character kamaboko products made using the company's proprietary manufacturing methods for next-generation consumers, including “Sumikko Gurashi Kamaboko” and “Hello Kitty Pompompurin Kamaboko,” grew strongly. The company also actively conducted sales promotions through social media, contributing to greater product awareness and higher sales. Meanwhile, Chinese prepared foods and noodle products, for which exceptional demand for at-home meals had reached a plateau, declined year on year. In terms of profit, costs for raw materials, supplies and energy continued at significantly higher-than-expected levels.」
Costs for raw materials, supplies and energy remained at significantly higher-than-expected levels, and the domestic food business segment loss widened from ¥454 million in the same period of the previous year to ¥1,704 million. - FY2023-Q1WorsenedAnnual report
「In terms of profit, costs for raw materials, supplies and energy rose to levels above expectations. To address this, the company announced on 22 June that it would revise prices for some products effective from deliveries arriving at stores on 29 August, following the previous revision in February.」
Costs for raw materials, supplies and energy rose to levels above expectations, and the domestic food business segment loss widened from ¥127 million in the same period of the previous year to ¥429 million. - FY2022-Q3WorsenedAnnual report
「In terms of profit, persistently high raw material prices and fuel costs, together with higher advertising and promotional expenses associated with sales promotion activities, resulted in lower profit.」
Persistently high raw material prices and fuel costs, together with higher sales promotion expenses, reduced profit in the domestic food business. - FY2022-Q2MaterialisedAnnual report
「In addition, increases in various costs driven by persistently high raw material prices and higher crude oil prices have become evident, and the economic outlook remains uncertain.」
The report states that persistently high raw material prices and cost increases driven by higher crude oil prices have materialised as actual developments, rather than remaining mere expectations. - FY2022-Q1First statedAnnual report
「The operating environment remains challenging, with increases in raw material costs and various other costs expected.」
The report identifies rising costs, including raw material costs, as a risk in the operating environment, and notes that higher raw material prices have already increased expenses in the domestic food business.