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Tokuden (3437) · RiskRestatedLatest Results presentation (2026-07-31): "Worsened"

Uncertainty Surrounding Rising Raw Material Prices and Pass-Through to Sales Prices

First written in FY2018. 9 of 13 entries say "Restated". Latest entry: 2026-07-31.

13entries
9years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2021RestatedFY2022 – FY20242018: 120182019: 020192020: 120202021: 220212022: 320222023: 320232024: 120242025: 020252026: 22026
Same theme, other companies
Cost increases driven by surging raw material and energy pricesA theme 374 companies write about · 386 as a headwind · 1 as a tailwind

Tokuden moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).

The whole theme swung hardest in 2022: 124 of 167 companies on the "Worse" side.

58 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 190 companies compared. The sentences above are computed from all 190.Comparing 200 of the theme's 386 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「In recent years, the prices of raw materials for the Group's products and merchandise have increased. In response, the Group has requested that customers accept price increases, while improving productivity and reducing costs. However, if raw-material prices rise sharply in the future, there is no assurance that the Group will be able to pass the increases through to selling prices in a timely and appropriate manner, which could affect its operating results and financial position.」

    The Group continues to address higher raw-material prices and uncertainty over passing them through to selling prices through productivity improvements and cost reductions.
  2. FY2024-Q2RestatedAnnual report

    「During the cumulative second quarter under review, Japan's economy was expected to continue recovering gradually as employment and income conditions improved. However, global monetary tightening and weakness in overseas economies remained risks weighing on Japan's economy, while higher prices and volatility in financial and capital markets affected activity, leaving the outlook uncertain.」

    The Group continues to face uncertainty in the external environment, including raw-material and pricing conditions, higher prices and weaker overseas economic conditions.
  3. FY2024-Q1RestatedAnnual report

    「However, downside risks in overseas economies, higher prices and volatility in financial and capital markets remained persistent downside risks to the economy, which continued to operate in an uncertain environment.」

    The Group continues to disclose concerns about factors weighing on economic activity, including higher prices, and about supply and pricing conditions.
  4. FY2023RestatedAnnual report

    「In recent years, the prices of raw materials for the Group's products and merchandise have increased. In response, the Group has requested that customers accept price increases, while improving productivity and reducing costs. However, if raw-material prices rise sharply in the future, there is no assurance that the Group will be able to pass the increases through to selling prices in a timely and appropriate manner, which could affect its operating results and financial position.」

    The Group continues to address higher raw-material prices and uncertainty over passing them through to selling prices through productivity improvements and cost reductions.
  5. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter under review, some recovery in economic activity was expected. However, downside risks in overseas economies weighed on the outlook, while the economy was significantly affected by higher prices, supply-side constraints and volatility in financial and capital markets, and remained uncertain.」

    The Group continues to disclose concerns about the raw-material and procurement environment, including higher prices and supply constraints.
  6. FY2023-Q1RestatedAnnual report

    「The outlook remains uncertain, with concerns about higher raw-material prices and supply-side downside risks due to the prolonged situation in Ukraine and restrictions on economic activity in China.」

    FY2023-Q1 also disclosed higher raw-material prices and concerns about supply-side downside risks, indicating continued risks related to raw-material costs and the procurement environment.
  7. FY2022RestatedAnnual report

    「In recent years, the prices of raw materials for the Group's products and merchandise have increased. In response, the Group has requested that customers accept price increases, while improving productivity and reducing costs. However, if raw-material prices rise sharply in the future, there is no assurance that the Group will be able to pass the increases through to selling prices in a timely and appropriate manner, which could affect its operating results and financial position.」

    The Group continues to disclose raw-material price increases, uncertainty over passing them through to selling prices, and its response through productivity improvements and cost reductions.
  8. FY2022-Q2WorsenedAnnual report

    「During the second quarter of the current consolidated fiscal year, economic activity showed signs of improvement from its stagnant phase as COVID-19 vaccines became more widely available. However, the outlook remained uncertain amid the spread of virus variants and surging raw-material prices.」

    The Group states that raw-material prices have risen further on top of previous increases, indicating growing concern about the external environment surrounding raw-material costs.
  9. FY2021RestatedAnnual report

    「In recent years, the prices of raw materials for the Group's products and merchandise have increased. In response, the Group has requested that customers accept price increases, while improving productivity and reducing costs. However, if raw-material prices rise sharply in the future, there is no assurance that the Group will be able to pass the increases through to selling prices in a timely and appropriate manner, which could affect its operating results and financial position.」

    The Group continues to disclose the uncertainty surrounding raw-material price increases and passing them through to selling prices, as well as its response measures.
  10. FY2020RestatedAnnual report

    「In recent years, the prices of raw materials for the Group's products and merchandise have increased. In response, the Group has requested that customers accept price increases, while improving productivity and reducing costs. However, if raw-material prices rise sharply in the future, there is no assurance that the Group will be able to pass the increases through to selling prices in a timely and appropriate manner, which could affect its operating results and financial position.」

    The Group continues to disclose the uncertainty surrounding raw-material price increases and passing them through to selling prices, as well as its response measures.
  11. FY2018First statedAnnual report

    「In recent years, the prices of raw materials for the Group's products and merchandise have increased. In response, the Group has requested that customers accept price increases, while improving productivity and reducing costs.」

    The Group states that raw-material prices have already increased and is responding by passing through higher prices, improving productivity and reducing costs.
Moved together

"Uncertainty over the outlook due to slowing growth in emerging markets and the UK's withdrawal from the EU" moved the same way as this thread, in the same document, in 2 of its 13 moves.

2★1
  1. ★This thread
  2. 1Uncertainty over the outlook due to slowing growth in emerging markets and the UK's withdrawal from the EU2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tokuden's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Results presentation of 2026-07-31: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.