Higher cost ratios due to rising resource prices
First written in FY2022. 6 of 10 entries say "Restated". Latest entry: FY2025-Q1.
The whole theme swung hardest in 2022: 121 of 167 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2025-Q1RestatedAnnual report
「At the same time, personal consumption remained sluggish under the impact of higher prices resulting from soaring raw material and energy prices and rising import costs amid the yen's depreciation trend.」
Inflation caused by surging raw-material and energy prices, the weaker yen and higher import costs continues to be disclosed as an external-environment risk. - FY2024MaterialisedAnnual report
「The yen weakened more than expected, raising import procurement prices, but cost ratios increased because some products could not pass these higher costs through to selling prices. Logistics-related expenses, advertising and printing expenses, and other costs also rose due to inflation caused by surging energy prices, putting pressure on profit.」
The weaker yen, surging energy prices, and higher logistics-related and advertising and printing expenses actually resulted in higher cost ratios and pressure on profit. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended 30 November 2023 (1 March 2023 to 30 November 2023), Japan's economy was expected to continue its gradual recovery toward the normalization of economic activity following the reclassification of COVID-19 as a Class 5 infectious disease. However, the outlook remained uncertain due to inflation driven by soaring energy and raw material prices and the effects of global monetary tightening.」
Inflation caused by surging energy and raw-material prices and global monetary tightening continue to be disclosed as external-environment risks. - FY2024-Q2RestatedAnnual report
「However, the economic outlook remained uncertain due to inflation caused by soaring energy and raw-material prices and the impact of global monetary tightening.」
Inflation caused by surging energy and raw-material prices and monetary tightening continue to be disclosed as external-environment risks. - FY2024-Q1RestatedAnnual report
「However, the economic outlook remained uncertain due to inflation caused by soaring energy and raw-material prices and the impact of global monetary tightening.」
Inflation caused by surging energy and raw-material prices continues, and external-environment risks related to rising resource prices remain disclosed. - FY2023MaterialisedAnnual report
「In addition, the yen weakened more than expected, raising import procurement prices. Cost ratios increased because some products could not pass these higher costs through to selling prices. Logistics-related expenses, advertising and printing expenses, and other costs also rose due to inflation caused by surging energy prices, putting pressure on profit.」
The weaker yen and surging energy and raw-material prices actually affected performance through higher import procurement prices, cost ratios and logistics-related expenses, among other factors. - FY2023-Q3RestatedAnnual report
「During the cumulative first nine months of the consolidated fiscal year from 1 March 2022 to 30 November 2022, economic activity showed signs of moving toward normalization following the easing of restrictions related to COVID-19. However, the economic outlook remained uncertain due to rapid yen depreciation and inflation caused by soaring crude oil and raw-material prices.」
External-environment risks from high crude oil and raw-material prices and the weaker yen continue to be disclosed. - FY2023-Q2RestatedAnnual report
「However, the outlook remained uncertain due to the impact of the renewed spread of the COVID-19 pandemic, as well as rapid yen depreciation caused by monetary policies in various countries and soaring crude oil and raw-material prices.」
External-environment risks, including continued high crude oil and raw-material prices and supply-side factors, remain disclosed. - FY2023-Q1WorsenedAnnual report
「However, while the end of the COVID-19 pandemic remained unforeseeable, the outlook continued to be uncertain due to increasing geopolitical risks, including Russia’s invasion of Ukraine, surging resource prices and supply constraints, and the impact of high crude oil prices.」
Regarding the risk of surging resource prices, the Company cites Russia’s invasion of Ukraine, supply constraints and high crude oil prices as factors in the current economic environment, with the risk factors continuing and becoming more specific. - FY2022First statedAnnual report
「In addition, in view of the international situation surrounding Ukraine, resource prices, including oil and natural gas prices, are expected to surge, which may affect the Group’s performance through higher cost ratios.」
The Company identified surging resource prices, including oil and natural gas, against the backdrop of the situation in Ukraine, and the resulting increase in cost ratios as new risks.