Raw Material Supply Shortages and Soaring Prices
First written in FY2023. 4 of 10 entries say "Restated". Latest entry: FY2026.
Sasatoku Printing moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 64 of 103 companies on the "Worse" side.
45 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Profitability declined due to multiple cost increases, including higher personnel expenses associated with wage increases, as well as surging raw material, power, subcontracting and logistics costs.」
Cost increases across raw materials, personnel, power, subcontracting and logistics, rather than raw material prices alone, have resulted in lower profitability. - FY2026-H1WorsenedAnnual report
「In production, the Group advanced further in-house production to improve operational efficiency and quality, but profitability declined due to multiple cost-increase factors, including higher labor costs and increases in raw material, outsourcing and logistics costs.」
It states that several factors, including raw material prices, outsourcing costs, logistics costs, and labor costs, have reduced profitability, and that a time lag has arisen before prices could be appropriately adjusted. - FY2025-H1MaterialisedAnnual report
「We are negotiating to pass higher energy, logistics and labor costs through to selling prices, leveraging our good relationships with customers, but delays occurred with some customers, becoming a factor that squeezed profits.」
It states that soaring costs and delays in passing on higher costs to prices have actually put pressure on profits. - FY2024-Q3RestatedAnnual report
「Against a backdrop of the unstable global situation and the prolonged weakness of the yen, the impact of persistently high raw material and energy prices and rising prices in general continues, and the outlook remains uncertain.」
The company recognizes that uncertainty about the outlook due to the unstable global situation, the weak yen, persistently high raw material and energy prices, and inflation is continuing. - FY2024-Q2RestatedAnnual report
「The outlook remains uncertain due to the impact of the unstable global situation, exchange-rate fluctuations, and persistently high raw material and energy prices.」
The company recognizes that uncertainty about the outlook due to the global situation, exchange-rate fluctuations, and persistently high raw material and energy prices is continuing. - FY2024-Q1RestatedAnnual report
「Against a backdrop of the weakening yen and the prolonged situation in Ukraine, inflation has continued, including surging raw material and energy prices, and the outlook for the economy remains uncertain.」
The company recognizes that surging raw material and energy prices and inflation are continuing. It states that there have been no new material changes to risks. - FY2023First statedAnnual report
「The prices of raw materials and other inputs used by the group, including printing paper, ink and printing plates, fluctuate depending on changes in global conditions and market conditions.」
The company plans to mitigate the risk through procurement from multiple suppliers, planned purchasing and passing costs through to selling prices, but identifies the time lag before full cost pass-through as a risk.