Surging Raw Material and Dye Prices
First written in FY2016. 4 of 10 entries say "Materialised", first in FY2020-Q1. Latest entry: FY2024.
Seiren moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 122 of 167 companies on the "Worse" side.
36 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「Profits decreased, largely due to the impact of soaring energy and raw-material prices.」
Higher raw-material and energy prices have been reflected in the medical business's lower profit. - FY2023-Q3RestatedAnnual report
「However, in terms of profit, the impact of higher energy and raw-material prices resulted in lower profit.」
Higher energy and raw-material prices have continued to materialize as a factor behind lower profit in the medical business. - FY2023-Q2WorsenedAnnual report
「In terms of profit, we worked to reduce expenses through improvements in operational efficiency and other measures, but profit declined due to the impact of higher energy and raw-material prices.」
The impact of higher energy and raw-material prices materialized as lower profit in the vehicle-materials business, and the previously identified raw-material price risk has continued and intensified. - FY2023-Q1WorsenedAnnual report
「Meanwhile, the domestic business was significantly affected by higher energy and raw-material prices, resulting in lower revenue and profit year on year. Going forward, we will proceed with passing these increases through to selling prices.」
The impact of higher energy and raw-material prices materialized as lower revenue and profit in the domestic vehicle-materials business, and a policy of passing the increases through to selling prices was presented. - FY2022WorsenedAnnual report
「The global shortage of semiconductors, the spread of COVID-19 in Southeast Asia, and soaring raw-material prices caused by high crude oil prices had a significant impact on automobile production and sales activities worldwide.」
In addition to the previously identified risk of higher raw-material prices, higher crude oil prices were explicitly cited, with a significant impact on the vehicle-materials business occurring “worldwide.” - FY2020-Q3MaterialisedAnnual report
「Overseas operations faced a challenging business environment as a result of additional US tariffs arising from US-China trade friction, the slowdown in China's automobile sales market, and soaring raw-material prices.」
Higher raw-material prices were actually cited as a factor behind the challenging operating environment and performance of the overseas business. - FY2020-Q2MaterialisedAnnual report
「In addition, affected by higher raw-material prices, operating profit in the overseas business as a whole increased only slightly year on year.」
The company states that higher raw-material prices actually affected the performance of the overseas business. - FY2020-Q1MaterialisedAnnual report
「However, affected by additional US tariffs arising from US-China trade tensions, the slowdown in the Chinese market and higher raw-material prices, the overseas business as a whole posted lower revenue and profit year on year.」
Higher raw-material prices were actually cited as a factor behind lower revenue and profit in the overseas business. - FY2019RestatedAnnual report
「In the global economy, although the US economy remains firm, the situation requires continued monitoring due to the impact of US-China trade friction, the uncertain outlook for the European economy, and soaring raw-material prices.」
Higher raw-material prices continue to be a business-environment concern. - FY2016First statedAnnual report
「Although raw material and dye prices continued to rise, the Group absorbed part of the cost increase through cooperation on selling prices and annual VA activities, improvements in procurement, and efficiency gains and cost reductions from its proprietary production-flow-leveling activities.」
The Group describes actual increases in raw material and dye prices and explains that it absorbed part of the impact through pricing, procurement and production improvements.