Liquefied petroleum gas procurement price and foreign exchange fluctuation risk
First written in FY2017. 3 of 6 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2024.
TOKAI Holdings moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「At the same time, the outlook remains uncertain, with further increases in energy prices driven by heightened tensions in the Middle East and the weaker yen a concern.」
The disclosure noted concerns over further increases in energy prices driven by the situation in the Middle East and the weaker yen. - FY2023MaterialisedAnnual report
「As a result, segment sales were ¥102,528 million, up 18.2% year on year, but soaring gas procurement costs and other factors resulted in operating profit of ¥4,285 million, down 29.3% year on year.」
Higher gas procurement costs affected actual performance in the energy segment, reducing operating profit by 29.3% year on year. - FY2023-Q3MaterialisedAnnual report
「As a result, segment sales were ¥71,069 million, up 21.0% year on year, but soaring gas procurement costs and other factors resulted in operating profit of ¥1,231 million, down 46.0% year on year.」
Higher gas procurement costs and other factors reduced energy segment operating profit by 46.0% year on year, showing that the risk affected actual performance. - FY2023-Q2MaterialisedAnnual report
「As a result, segment sales were ¥44,053 million, up 21.9% year on year, but soaring gas procurement costs and other factors resulted in an operating loss of ¥216 million, compared with operating profit of ¥635 million in the same period of the previous year.」
Higher gas procurement costs affected actual performance in the energy segment, which recorded an operating loss of ¥216 million. - FY2023-Q1WorsenedAnnual report
「While concerns remain over the impact of higher resource prices resulting from surging crude oil prices and a rapid depreciation of the yen」
New concerns were specifically identified regarding higher resource prices resulting from surging crude oil prices and a rapid depreciation of the yen. - FY2017First statedAnnual report
「Because most of the liquefied petroleum gas procured is imported from the Middle East, procurement prices are affected by market conditions arising from geopolitical factors and supply-demand balances, as well as by foreign-exchange fluctuations.」
The disclosure covered dependence on imports from the Middle East, market and foreign-exchange fluctuations, and the possibility of losses from hedging transactions.