Response to Fluctuations in Base Paper Prices
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2018: 6 of 19 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Prices for raw materials are negotiated in light of market conditions and other factors.」
As a response to fluctuations in raw paper prices, it continues to negotiate prices with suppliers based on market conditions and to manage distribution, information, and inventory. - FY2021Adds the optimization of purchase prices through negotiations with suppliers.Annual report
「To minimize this impact, we continuously negotiate prices with suppliers while considering economic conditions, market conditions, and other factors, and work to optimize purchase prices. We also constantly monitor distribution conditions at all locations, manage information, and place importance on inventory management.」
In addition to monitoring distribution conditions and managing information and inventory, it explicitly identifies ongoing price negotiations with suppliers and the optimization of purchase prices as responses. - FY2020The discussion is narrowed from explicitly passing through higher prices to managing distribution, information, and inventory.Annual report
「To minimize this impact, we constantly monitor distribution conditions at all locations, manage information, and place importance on inventory management.」
The policy of passing higher product prices through to customers and increasing volumes, which was described in the previous fiscal year, is not explicitly stated as a response to this risk, and the discussion has returned to monitoring distribution conditions and managing information and inventory. - FY2019RestatedAnnual report
「Following two increases in raw material prices, we will seek to pass those increases through to sheet and case prices while also seeking to increase volumes with profitability in mind.」
It continues to pursue a policy of passing raw material price increases through to product prices and increasing volumes while taking profitability into consideration. - FY2018AdvancedAnnual report
「In addition, while steadily passing higher raw material costs through to sheet and case prices, we will seek to increase volumes while taking profitability into consideration.」
In addition to monitoring distribution conditions and managing information and inventory, it explicitly states that higher raw material costs will be passed through to sheet and case prices. - FY2017RestatedAnnual report
「To minimize this impact, we constantly monitor distribution conditions at all locations, manage information, and place importance on inventory management.」
As responses to fluctuations in raw paper prices, it continues to monitor distribution conditions at all locations and manage information and inventory. - FY2016First statedAnnual report
「To minimize this impact, we constantly monitor distribution conditions at all locations, manage information, and place importance on inventory management.」
It identifies monitoring distribution conditions at all locations, information management, and inventory management as measures to mitigate the impact of price fluctuations.