Passing through price increases through negotiations to raise corrugated-product prices
First written in FY2019-Q1. 10 of 22 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「In our group's domestic corrugated packaging business, sales volume fell below the previous year because volume in the core processed-foods market declined. Selling prices, however, rose as a result of product price revisions.」
Even as sales volume declined, the effect of product price revisions was reflected in higher selling prices, contributing to a 4.1% increase in corrugated packaging revenue and a 21.7% increase in operating profit. - FY2026-H1RestatedAnnual report
「Meanwhile, domestic selling prices rose as a result of the price revisions pursued since the previous fiscal year.」
Efforts to revise product prices, which began in the previous fiscal year, continued, with their effect reflected in higher domestic selling prices. - FY2025AdvancedAnnual report
「In our group's domestic corrugated packaging business, sales volumes were below the previous year for produce and mail-order delivery applications, but were roughly unchanged overall because volumes for the core processed-foods market increased. In terms of pricing, product price revisions that had been pursued since the beginning of the period gained traction in the second half.」
Product price revisions gained traction in the second half, increasing corrugated packaging revenue by ¥1,710 million and operating profit by 12.3% year on year. - FY2025-H1SoftenedAnnual report
「Meanwhile, the impact on first-half earnings of the product price increases pursued since the beginning of the fiscal year was limited.」
Although efforts to raise product prices are continuing, the disclosure states that their effect on earnings in the first half was limited. - FY2024AdvancedAnnual report
「This was mainly attributable to efforts to revise product prices in response to rising energy costs and raw material prices.」
It explains that efforts to revise product prices led to a ¥605 million increase in operating profit despite rising raw material and energy costs. - FY2024-Q3AdvancedAnnual report
「However, earnings improved as product price revisions took hold. As a result, the corrugated cardboard segment posted revenue of ¥89,408 million, up 7.3% year on year, and operating profit of ¥6,126 million, up 59.3%.」
The penetration of product price revisions was reflected in a 7.3% increase in corrugated packaging revenue and a 59.3% increase in operating profit, providing specific figures for the effect of price pass-through measures. - FY2024-Q2AdvancedAnnual report
「However, on the earnings front, the product-price increases pursued since last year took hold, resulting in higher profit. As a result, revenue in the corrugated-products segment was ¥59,493 million, up 6.9% year on year, and operating profit was ¥4,088 million, up 52.9%.」
The product-price increases continued since last year took hold, resulting in concrete performance improvements of 6.9% in revenue and 52.9% in operating profit. - FY2024-Q1AdvancedAnnual report
「Revenue from corrugated packaging was ¥29,667 million, up 9.2% year on year, and operating profit was ¥1,733 million, up 211.4% year on year, due to the effect of product price increases pursued since the previous year.」
The effects of continued product-price increases emerged as a 9.2% increase in revenue and a 211.4% increase in operating profit, linking the company's efforts to pass through costs to a concrete improvement in performance. - FY2023SoftenedAnnual report
「In response to two substantial price increases for containerboard, its principal raw material, as well as higher energy prices and transportation costs, our group has worked to raise product prices since the start of the period. However, partly because some decisions were delayed, the effects are expected to be realized in the next fiscal year.」
Although the company is working to raise product prices, it explains that decisions on some increases have been delayed and that the effects will emerge in the following fiscal year. - FY2023-Q3RestatedAnnual report
「In response to rising prices for containerboard, its principal raw material, as well as energy and other costs, the company began raising product prices at the start of the period. As a result, sales increased to ¥83,321 million, up 10.7% year on year, but partly because the decisions on product price increases were delayed, operating profit fell to ¥3,845 million, down 14.8%.」
Product-price increases in response to higher base-paper and energy prices have continued since the beginning of the fiscal year, but decisions have been delayed, and no new progress has been shown since the previous quarter. - FY2023-Q2SoftenedAnnual report
「In response to higher prices for base paper, its main material, as well as fuel oil, gas, electricity, adhesives, ink and transportation, the company has been working to raise product prices since the beginning of the fiscal year.」
The company is working to raise product prices in response to higher base-paper, energy, materials and transportation costs, but decisions on domestic product-price increases continue to be delayed. - FY2023-Q1SoftenedAnnual report
「In response to higher prices for containerboard, its principal raw material, as well as fuel oil, gas and electricity, the company began raising product prices at the start of the period. However, partly because of delays in deciding on the price increases, sales were ¥27,157 million, up 7.9% year on year, while operating profit was ¥556 million, down 62.2%.」
Although the company had been working to raise product prices from the beginning of the fiscal year, the decisions on price increases were delayed, and the description indicates that progress in passing through the increases weakened. - FY2020AdvancedAnnual report
「Meanwhile, following the increase in the price of corrugating medium, its main raw material, from the previous fiscal year, the company has been working to revise corrugated-product prices to appropriate levels.」
It states that continued product-price revisions to reflect higher corrugating-medium prices and pass them through to appropriate prices resulted in annual increases of 7.8% in corrugated-product revenue and 75.4% in operating profit. - FY2020-Q3RestatedAnnual report
「Following price increases for corrugating medium, its main raw material, in August 2017 and November 2018, the company is working to pass the increases through to appropriate prices for corrugated products that enable continued production. Revenue from corrugated products was ¥76,560 million, up 8.8% year on year, partly owing to the product-price revisions pursued since the autumn before last, and operating profit was ¥4,427 million, up 26.1%.」
It describes continued product-price revisions and the passing through of higher corrugating-medium prices to appropriate prices, together with increases in revenue and operating profit. - FY2020-Q2AdvancedAnnual report
「Revenue from corrugated packaging was ¥50,492 million, up 9.3% year on year, due to product price revisions pursued since the end of the previous year, while operating profit was ¥2,801 million, up 3.6% year on year.」
Efforts to revise product prices since the end of last year resulted in a 9.3% increase in corrugated-product revenue and a 3.6% increase in operating profit. - FY2020-Q1RestatedAnnual report
「Corrugated board revenue rose 8.6% year on year to ¥24,815 million as the company worked to revise product prices. However, operating income declined 21.5% to ¥1,089 million because of higher raw material and other costs.」
Although product-price revisions continued, revenue increased 8.6% year on year, while operating profit decreased 21.5% because of higher raw material and other costs. - FY2019RestatedAnnual report
「Meanwhile, as prices for corrugating medium, the main raw material, rose sharply for the second consecutive year, and prices for heavy fuel oil, natural gas and other items as well as logistics costs increased, the company persistently worked, with customers' understanding, to establish a product pricing structure that enables sustainable production.」
In response to higher base-paper, energy and logistics costs, it continues to establish a product-pricing structure that enables continued production. - FY2019-Q3RestatedAnnual report
「Following the announced further price increase for corrugating medium, the company's main raw material, effective November of the current fiscal year after the previous increase in August, the company is working to pass the increase through to product prices that enable continued production. Revenue from corrugated products was ¥70,382 million, up 8.8% year on year, partly owing to negotiations to revise product prices that began the autumn before last, but」
Following the further increase in corrugating-medium prices, the company continues to negotiate product-price revisions and pass the increases through to prices that enable continued production. The price-revision negotiations are also described in connection with the 8.8% year-on-year increase in revenue. - FY2019-Q2AdvancedAnnual report
「Revenue from corrugated packaging was ¥46,208 million, up 8.1% year on year, due to the results of negotiations to raise product prices, which began last autumn. However, operating profit was ¥2,703 million, down 1.5% year on year, partly due to the increase in corrugated base paper prices from the previous year.」
The results of negotiations to raise product prices since last autumn were reflected in an 8.1% year-on-year increase in revenue. The company says it will continue passing higher base-paper prices through to appropriate product prices. - FY2019-Q1First statedAnnual report
「Revenue from corrugated packaging was ¥22,854 million, up 8.0% year on year, as negotiations to raise product prices, which began last autumn, remained incomplete.」
It describes for the first time the negotiations to raise corrugated-product prices, which have been under way since last autumn, as a specific measure to pass through costs. The negotiations are still described as being halfway to completion.