Selling Price Revisions in Response to Soaring Raw Material Costs
First written in FY2019-Q1. 7 of 16 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 2 of 20 companies on the "Worse" side.
4 other companies' latest entry also says "Dropped".
- FY2025-H1DroppedAnnual report
「In response, the company focused on generating revenue, using flexible sales proposals as a strength, in addition to」
This filing contains no explicit description of reviewing selling prices or passing on higher raw material costs, as had been described previously. Instead, it identifies flexible sales proposals and a combination of sales and rentals as the main responses. - FY2024Cooperation from business partners on price revisionsAnnual report
「To maintain sustainable cooperative relationships with its business partners, the company has responded sincerely to requests for cooperation across all transactions, including price revisions.」
In addition to reviewing selling prices for customers as before, the company explicitly stated that it had responded to requests for cooperation across all transactions, including price revisions prompted by higher costs at business partners. - FY2023AdvancedAnnual report
「In this environment, the company worked to contain costs while reviewing selling prices to maintain profitability.」
The company explicitly stated that it had reviewed selling prices in response to rising steel prices. However, the volume of temporary materials sold declined. - FY2023-Q2RestatedAnnual report
「As the price of steel, a major raw material for our products, was rising, we revised selling prices to maintain profitability.」
The company continues to review selling prices in response to rising steel prices. - FY2023-Q1RestatedAnnual report
「As steel prices rise, the company is reviewing selling prices to maintain profitability.」
The company continues to review selling prices in response to higher raw material costs. - FY2022RestatedAnnual report
「As steel prices, a key raw material for the company's products, rose more than expected, the company reviewed selling prices and worked to reduce costs and contain spending.」
The company continues to review selling prices, reduce costs and contain spending in response to rising steel prices. - FY2022-Q3RestatedAnnual report
「As steel prices rose more than expected, the company reviewed selling prices and worked to reduce costs and contain spending.」
The company continues to review selling prices, reduce costs and contain spending in response to higher raw material costs. - FY2022-Q2AdvancedAnnual report
「As steel prices, a key raw material for the company's products, rose more than expected, the company reviewed selling prices and worked to reduce costs and contain spending.」
In response to higher raw material costs, which had received less attention in the previous fiscal year, the company again explicitly stated that it had reviewed selling prices. - FY2021DroppedAnnual report
「Gross profit for the current fiscal year decreased by ¥707 million from the previous fiscal year to ¥3,621 million, down 16.3% year on year.」
This filing contains no specific description of selling-price revisions or passing on higher raw material costs that had been described previously. Instead, it identifies the use of procurement routes and a focus on high-value-added products as the main responses. - FY2020AdvancedAnnual report
「As a result of continuously reviewing selling prices, the gross profit margin for the current fiscal year was 25.3%, an improvement of 2.3 percentage points from the previous fiscal year.」
The company continued to review selling prices in response to higher raw material costs, and together with measures to contain procurement prices, improved its gross profit margin by 2.3 percentage points year on year. - FY2020-Q3RestatedAnnual report
「Revenue, mainly from wedge-lock scaffolding, remained firm due in part to increased construction projects in regional areas and increased demand for safety materials to prevent falls and falling objects and improve safety at construction sites. In addition, as a result of continuously reviewing selling prices, revenue for the cumulative third quarter of the current fiscal year was ¥13,688 million, up 1.2% year on year.」
The company continues to review selling prices. Revenue rose 1.2% year on year to ¥13,688 million. - FY2020-Q2RestatedAnnual report
「Revenue, mainly from wedge-lock scaffolding, remained firm due in part to increased demand for renovation projects in regional areas. In addition, as a result of continuously reviewing selling prices, revenue for the cumulative second quarter of the current fiscal year was ¥9,370 million, up 8.7% year on year.」
The company continues to review selling prices. Revenue rose 8.7% year on year to ¥9,370 million, although the standalone effect of the price reviews was not disclosed. - FY2020-Q1AdvancedAnnual report
「Revenue remained solid, led by wedge-lock scaffolding, due in part to increased demand for renovation projects, and the Company also continued to review selling prices. As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥4,313 million, up 5.2% year on year.」
The company continued to review selling prices, and revenue rose 5.2% year on year to ¥4,313 million. - FY2019RestatedAnnual report
「Gross profit margin improved progressively quarter by quarter as a result of efforts to control raw material procurement costs and improve productivity, together with measures such as reviewing selling prices.」
Continued efforts to reduce procurement costs, improve productivity and review selling prices in response to surging raw material prices, leading to progressive quarterly improvement in the gross profit margin, although the increase in raw material costs could not be absorbed for the full year. - FY2019-Q3AdvancedAnnual report
「In addition to working to pass on higher raw material prices through selling prices, the Company worked to reduce procurement costs for raw materials and other items and improve productivity. As a result, quarterly operating profit has been improving, from a 23.6% year-on-year decline in the first quarter of the current consolidated fiscal year (April to June), to an 11.8% decline in the second quarter (July to September) and a 4.8% decline in the third quarter (October to December).」
Continues efforts to pass on higher costs through selling prices, with the year-on-year decline in quarterly operating profit narrowing progressively. - FY2019-Q1First statedAnnual report
「Regarding selling prices, the Company began notifying customers of price revisions based on the expectation that cost increases would continue. However, as the effects of price revisions for most products would not emerge until the second quarter of the current consolidated fiscal year or later, their impact on profitability improvement in the first quarter was limited.」
Began notifying customers of selling price revisions in response to higher raw material costs, with the effects expected to emerge from the second quarter onward.