Rising Steel Raw Material Prices
First written in FY2018. 10 of 18 entries say "Restated". Latest entry: FY2026.
Shinwa moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2021: 20 of 38 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As raw material prices remain high and product prices continue to rise」
We have reconfirmed the difficult business environment in which raw material prices remain high. - FY2026-H1RestatedAnnual report
「Many uncertain factors, including sluggish growth in personal consumption, persistently high raw material prices and heightened international tensions, surround the business environment.」
We have reconfirmed the difficult business environment in which raw material prices remain high. - FY2025-H1RestatedAnnual report
「Downside risks to the economy, including soaring prices of goods and resources, protracted international conflicts and volatility in the financial and capital markets, continued to materialize, and the uncertain situation persisted.」
The disclosure describes an external environment in which prices of goods and resources continue to rise, but indicates no specific new change in steel price risk from the prior filing. - FY2023WorsenedAnnual report
「As the price of steel, a major raw material for our products, is expected to remain high for the time being, difficult conditions for the Company are expected to continue.」
The outlook for steel prices has become more difficult, shifting from a sharp rise to expectations that elevated prices will persist for the time being. Although selling prices were revised and costs contained, the gross profit margin declined to 23.7%. - FY2023-Q2RestatedAnnual report
「As the price of steel, a major raw material for our products, was rising, we revised selling prices to maintain profitability.」
Steel prices continue to rise, and we continue to respond by revising selling prices and containing costs to maintain profitability. - FY2023-Q1RestatedAnnual report
「While the price of steel, a major raw material for our products, is rising」
Steel prices continue to rise, and we are responding by revising selling prices and containing costs. No material change in the risk from the prior year's disclosure is indicated. - FY2022WorsenedAnnual report
「At present, concerns include a further surge in resource prices resulting from Russia's invasion of Ukraine and other factors, the impact of COVID-19 on supply chains, and volatility in the financial and capital markets. In particular, steel prices, a major raw material for our products, are expected to continue rising for the time being, and are expected to have a significant impact on earnings.」
The risk of rising raw material prices, including steel, has been compounded by higher resource prices resulting from the invasion of Ukraine and supply chain impacts, and prices are expected to continue rising for the time being. - FY2022-Q3RestatedAnnual report
「As steel prices, a major raw material for our products, rose more than anticipated, we revised selling prices and pursued cost reductions and spending restraint.」
Steel prices continue to rise more than anticipated, and we continue to respond by revising selling prices, reducing costs and restraining spending. - FY2022-Q2WorsenedAnnual report
「As steel prices, a major raw material for our products, rose more than anticipated, we revised selling prices and pursued cost reductions and spending restraint.」
Steel prices remained above expectations, increasing the burden of the risk associated with rising raw material prices compared with the previous quarter. - FY2022-Q1RestatedAnnual report
「With steel prices, a major raw material for our products, rising as expected and the challenging economic environment continuing, we pursued multifaceted cost reductions and restrained spending.」
Although steel prices continue to rise, we continue to pursue multifaceted cost reductions and spending restraint in response. - FY2020MitigatedAnnual report
「The gross profit margin for the current consolidated fiscal year was 25.3%, an improvement of 2.3 percentage points from the previous consolidated fiscal year.」
Although raw material prices remained high, the gross profit margin improved 2.3 percentage points year on year through the use of procurement channels, negotiations with suppliers and revisions to selling prices. - FY2020-Q3MitigatedAnnual report
「Although raw material prices, led by steel products, remained high, we worked to contain increases in procurement prices by using a broad range of procurement channels and negotiating with suppliers, and succeeded in keeping them within the anticipated procurement price range.」
Although raw material prices, including steel, remain high, increases were kept within the anticipated range through the use of procurement channels and negotiations with suppliers. - FY2020-Q1MitigatedAnnual report
「Although raw material prices, led by steel products, remained high, we worked to contain increases in procurement prices by using a broad range of procurement channels and negotiating with suppliers, and succeeded in keeping them within the anticipated procurement price range.」
Although raw material prices, including steel, remain high, increases were kept within the anticipated range through the use of procurement channels and negotiations with suppliers. - FY2019WorsenedAnnual report
「In the metal products manufacturing industry, one of our Group's main related industries, global prices for raw materials such as steel and zinc remained high, and conditions continued to put pressure on profits.」
Raw material prices, including steel and zinc, remained high, and the full-year gross profit margin declined 2.2 percentage points year on year to 23.0%. - FY2019-Q3RestatedAnnual report
「In the metal products manufacturing industry, one of our Group's main related industries, the difficult operating environment continued as global prices for raw materials, including steel and zinc, remained high.」
Prices for raw materials, including steel and zinc, remained high, and the difficult operating environment continues. - FY2019-Q2RestatedAnnual report
「In the metal products manufacturing industry, one of our Group's main related industries, the difficult operating environment continued due to the global surge in steel prices and the sustained high level of zinc prices.」
We have reconfirmed that steel prices continue to rise sharply and zinc prices remain high. - FY2019-Q1RestatedAnnual report
「In the metal products manufacturing industry, global steel and zinc prices continued to rise sharply, leaving the operating environment difficult.」
We have reconfirmed that steel and zinc prices continue to rise sharply. - FY2018MaterialisedAnnual report
「Raw material prices, led by steel products, rose sharply, and the difficult operating environment continued.」
Raw material prices rose sharply, causing the gross profit margin to decline 3.9 percentage points year on year to 25.2%. Price and supply risks are being mitigated by securing multiple suppliers.