Declining Consumer Sentiment Due to Rising Raw-Material and Energy Prices
First written in FY2023-Q1. 7 of 12 entries say "Restated". Latest entry: 2026-06-26.
The whole theme swung hardest in 2022: 16 of 28 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- 2026-06-26RestatedManagement planning
「The risk of lower gross profit margins due to higher construction and labor costs, and the risk of construction and handover delays」
The risks of lower gross profit margins and construction or handover delays due to higher construction-material, labor and logistics costs were reiterated. - FY2026WorsenedAnnual report
「This was caused by higher crude oil prices resulting from the situation in the Middle East and shortages of various chemical products refined from crude oil, which put pressure on earnings across a broad range of industries and weakened business sentiment. This trend is expected to continue for some time.」
The company described the actual impact of surging crude oil prices and shortages of chemical products, which squeezed earnings across a broad range of industries and weighed on business sentiment. Risks from raw material and energy prices were presented as specific deterioration in business conditions. - 2026-05-12RestatedEarnings
「Real estate prices, construction costs and labor costs remain elevated, and we expect this situation to continue.」
High real estate prices, construction costs and labor costs were cited as external conditions expected to continue. - FY2025RestatedAnnual report
「Persistently high prices for food and raw materials, together with the difficulty of securing personnel, continued to squeeze earnings across a broad range of industries and weighed on business sentiment.」
Persistently high raw material prices and difficulty securing personnel continued to be described as external factors that squeeze earnings. - FY2024RestatedAnnual report
「In Japan’s economy during the consolidated fiscal year, global accelerating inflation and the resulting increases in labor and material costs had a significant impact on nearly all business activities, from procurement through sales.」
The risk view that global inflation and higher labor and material costs are having a broad impact from procurement through sales continued. - FY2024-Q3RestatedAnnual report
「Housing prices have risen overall due to higher overall procurement costs, including construction material prices, and continued increases in real estate land prices,」
The disclosure continued to state that higher procurement costs, including construction materials, and higher land prices are pushing up prevailing housing prices. - FY2024-Q2WorsenedAnnual report
「Meanwhile, higher prices, including energy prices, have caused consumer sentiment to retreat, while concerns over the rise in the corporate goods price index and raw material prices caused by the sharp depreciation of the yen remain strong. The outlook therefore remains uncertain.」
In addition to the continuing risk of higher resource and raw material prices, the actual economic environment was described as showing that higher prices, including energy prices, are contributing to a retreat in consumer sentiment. - FY2024-Q1WorsenedAnnual report
「The outlook remains uncertain due to surging global resource prices resulting from the prolonged Russia-Ukraine conflict, higher interest rates caused by monetary tightening in Europe and the United States, and expectations of a slowdown in overseas economies.」
The continuing surge in resource prices was again described as a factor contributing to uncertainty in the outlook for the global economy. - FY2023RestatedAnnual report
「Japan’s economy during the consolidated fiscal year showed signs of recovery as social and economic activity resumed on the assumption of living with COVID-19, including the easing of restrictions on movement and the resumption of accepting foreign tourists. Meanwhile, the economic outlook remained uncertain due to factors including globally higher resource prices resulting from the prolonged Russia-Ukraine conflict and rapid exchange-rate fluctuations against the backdrop of shifts in monetary policy in various countries.」
Surging resource prices and exchange-rate fluctuations continued to be described as factors contributing to economic uncertainty. - FY2023-Q3WorsenedAnnual report
「In the housing and real estate market in which the Group operates, concerns include soaring construction costs due to globally higher raw material prices and a shortage of high-quality land.」
The disclosure progressed to stating that higher raw material prices were directly affecting the housing market through soaring construction costs, presenting the previous risk of higher raw material prices more specifically as cost inflation. - FY2023-Q2RestatedAnnual report
「The outlook remains uncertain due to factors including the rise in the corporate goods price index caused by yen depreciation, higher raw material prices and downside risks arising from supply constraints.」
In addition to higher raw material prices, downside risks from supply constraints continued to be described as factors contributing to uncertainty in the business environment. - FY2023-Q1First statedAnnual report
「Declining consumer sentiment due to higher raw material costs and surging energy prices, including crude oil and natural gas」
Higher raw material costs and rising or surging energy prices, including crude oil and natural gas, were identified for the first time as external risks that reduce consumer sentiment. The price increases and surges were described as events occurring in the business environment in this filing.