Fluctuations in Electricity, Heavy Fuel Oil and LNG Prices
First written in FY2020. 9 of 15 entries say "Materialised", first in FY2022-Q3. Latest entry: FY2026-H1.
Nippon Kodoshi moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 6 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「In terms of profit, although raw material costs and depreciation increased due to the expanded production line at the Yonago Plant, operating profit increased by ¥59 million, or 3.4%, year on year to ¥1,784 million, driven by higher net sales.」
We stated that raw material costs actually increased and affected profit. Meanwhile, operating profit rose 3.4% year on year due to higher revenue. - FY2025-H1MaterialisedAnnual report
「In terms of profit, costs increased due to higher raw material and other prices, but operating profit also benefited from higher capacity utilization and a lower depreciation burden, reaching ¥1,725 million (up ¥457 million, or 36.1%, year on year)」
Costs actually increased due to higher raw material and other prices. Meanwhile, operating profit rose 36.1% year on year as a result of higher capacity utilization and a lower depreciation burden. - FY2024RestatedAnnual report
「Our Group uses electricity and LNG to manufacture separators. Although we are working to reduce energy consumption through capital investment in energy-saving equipment and the promotion of energy-saving activities, fluctuations in electricity and LNG prices could affect our Group’s operating results.」
We reconfirmed the risks of fluctuations in electricity and LNG prices and the measures taken through energy-saving capital investment and energy-saving initiatives. - FY2024-Q2RestatedAnnual report
「Although the price increases implemented last year had an effect, the company was affected by lower capacity utilization accompanying decreased sales and persistently high raw material and energy prices」
The effects of product price increases were confirmed, while persistently high raw material and energy prices continued to affect operating profit and other measures. - FY2024-Q1MaterialisedAnnual report
「Although the price increases implemented last year had an effect, operating profit was ¥700 million, down ¥418 million, or 37.4%, year on year, due in part to lower capacity utilization accompanying decreased sales and the impact of persistently high raw material and energy prices.」
Persistently high raw material and energy prices affected operating profit despite the effects of product price increases, and operating profit declined 37.4% year on year. - FY2023MaterialisedAnnual report
「Although we implemented price increases for products and continued working to reduce costs, these measures were insufficient to offset the impact of higher raw material and energy prices, and operating profit was ¥3,327 million, down ¥739 million, or 18.2%, from the previous fiscal year.」
The impact of higher raw material and energy prices could not be fully offset even after price increases and cost reductions were implemented, and operating profit declined 18.2% year on year. - FY2023-Q3MaterialisedAnnual report
「In terms of profit, although we implemented price increases for some products at the beginning of the period and continued working to reduce costs, these measures were insufficient to offset the ongoing impact of higher raw material and energy prices, and operating profit was ¥2,882 million, down ¥382 million, or 11.7%, year on year.」
The impact of higher raw material and energy prices could not be fully offset even after price increases for some products and cost reductions were implemented, and operating profit declined 11.7% year on year. - FY2023-Q2MaterialisedAnnual report
「In terms of profit, although we implemented price increases for some products at the beginning of the period and worked to reduce costs, these measures were insufficient to offset the impact of higher raw material and energy prices, and operating profit was ¥1,929 million, down ¥316 million, or 14.1%, year on year.」
The impact of higher raw material and energy prices could not be fully offset even after price increases for some products and cost reductions were implemented, and operating profit declined 14.1% year on year. Price fluctuation risk had actually affected operating results. - FY2023-Q1MaterialisedAnnual report
「In terms of profit, although we implemented price increases for some products and worked to reduce costs in response to higher raw material and energy prices, these measures were insufficient to offset the impact of the price increases, and operating profit was ¥1,119 million, down ¥195 million, or 14.9%, year on year.」
Higher raw material and energy prices affected operating profit even after the implementation of price increases and cost reductions, and operating profit declined 14.9% year on year. - FY2022MaterialisedAnnual report
「In terms of profit, although there was an impact from higher raw material and energy prices, operating profit was ¥4,066 million, up ¥1,304 million, or 47.3%, year on year, due in part to higher capacity utilization accompanying increased sales and lower cost of sales resulting from efforts to promote efficient production.」
It was stated that higher raw material and energy prices had actually affected profitability. Meanwhile, operating profit increased 47.3% year on year due to higher capacity utilization and more efficient production. - FY2022-Q3MaterialisedAnnual report
「In terms of profit, although the impact of rising raw material and fuel prices had begun to emerge, operating profit was ¥3,265 million, up ¥1,302 million, or 66.3%, year on year, ordinary profit was ¥3,333 million, up ¥1,430 million, or 75.2%, and quarterly net profit attributable to owners of the parent was ¥2,333 million, up ¥951 million, or 68.9%, due in part to higher capacity utilization accompanying increased sales and lower cost of sales resulting from efforts to promote efficient production.」
It was stated that the impact of rising raw material and fuel prices had begun to emerge, meaning that price fluctuation risk had actually affected operating results. Meanwhile, lower cost of sales resulting from higher capacity utilization and more efficient production supported profit growth. - FY2021RestatedAnnual report
「Our Group uses electricity, heavy fuel oil and LNG to manufacture separators. Although we are working to reduce energy consumption through capital investment in energy-saving equipment and the promotion of energy-saving activities, fluctuations in electricity, heavy fuel oil and LNG prices could affect our Group’s operating results.」
The risk of fluctuations in electricity, heavy fuel oil and LNG prices, and the response through investment in energy-saving equipment and energy-saving activities, were reconfirmed. - FY2021-Q3MitigatedAnnual report
「In terms of profit, operating profit amounted to ¥1,963 million, up ¥1,242 million, or 172.5%, year on year, reflecting higher sales of high-value-added products, lower unit prices for raw materials and power, and a lower cost ratio resulting from improved capacity utilisation accompanying higher sales, among other factors.」
Lower unit prices for raw materials and utilities contributed to improved profitability, while lower manufacturing costs from higher capacity utilization also helped drive operating profit up 172.5% year on year. The cost impact of higher energy and raw material prices eased during the quarter. - FY2021-Q2MitigatedAnnual report
「In terms of profit, operating profit amounted to ¥1,159 million, up ¥689 million, or 146.8%, year on year, reflecting higher sales of high-value-added products, lower unit prices for raw materials and power, and a lower cost ratio resulting from improved capacity utilisation accompanying higher sales, among other factors.」
Lower unit prices for raw materials and utilities contributed to improved profitability, and the cost impact of rising energy and raw material prices eased during the quarter. - FY2020First statedAnnual report
「Our Group uses electricity, heavy fuel oil and LNG to manufacture separators. Although we are working to reduce energy consumption through capital investment in energy-saving equipment and the promotion of energy-saving activities, fluctuations in electricity costs and crude oil and LNG prices could affect our Group’s operating results.」
For the first time, fluctuations in the prices of electricity, heavy fuel oil and LNG used in manufacturing, and their impact on operating results, were explicitly identified as a risk.