Impact of Product Price Softening and a Stronger Yen Following the Decline in Crude Oil Prices
First written in FY2017-Q1. 13 of 29 entries say "Restated". Latest entry: 2026-08-06.
0 other companies' latest entry also says "Reframed".
- 2026-08-06ReframedRevision of earnings forecasts
「Net sales are expected to increase from the previous fiscal year, owing in part to the pass-through into selling prices of higher raw fuel and materials prices resulting from worsening conditions in the Middle East and the continued depreciation of the yen.」
The direction of the outlook changed from the previous assumption of softer product prices due to lower raw fuel and materials prices and the impact of yen appreciation to an assumption of passing higher raw fuel and materials prices through to selling prices and continued yen depreciation. - FY2026Higher earnings from lower raw material and fuel prices alongside concerns over a surge in pricesAnnual report
「Operating profit increased, despite the impact of higher fixed costs, due in part to lower raw fuel and materials prices.」
For the full-year superabsorbent polymers business, lower raw material and fuel prices increased earnings, while management policy after the end of the period cited soaring raw material and fuel market prices due to the situation in the Middle East and other factors. - 2026-05-12MitigatedEarnings
「Operating profit increased, despite the impact of higher fixed costs, due in part to lower raw fuel and materials prices.」
Lower raw fuel and materials prices were cited as a factor behind the increase in operating profit, despite the impact of lower selling prices on net sales. - FY2026-H1Lower raw material and fuel prices increased earnings, while the impact of a stronger yen remainedAnnual report
「Operating profit increased following lower raw material and fuel prices, despite the impact of higher fixed costs and a stronger yen.」
Lower raw material and fuel prices increased earnings, while the impact of a stronger yen continued to be stated. - FY2025-H1MitigatedAnnual report
「Operating profit increased due to lower raw material and fuel prices and the impact of foreign exchange rates, among other factors.」
The stated factor changed from higher raw material and fuel prices reducing earnings to lower raw material and fuel prices increasing operating profit in the functional materials segment during the current interim consolidated accounting period. - FY2024-Q3RestatedAnnual report
「This was due to factors including lower selling prices accompanying lower raw material and fuel prices.」
The decline in selling prices accompanying lower raw material and fuel prices continued to be cited as a factor reducing revenue in the superabsorbent polymers segment, following FY2024-Q2. - FY2024-Q2Falling selling prices accompanying lower raw material and fuel prices became a factor reducing revenueAnnual report
「This was attributable to lower sales volumes in Asian markets and elsewhere, as well as lower selling prices following declines in raw material and fuel prices, among other factors.」
In FY2024-Q1, declines in raw material and fuel prices and logistics costs were cited as factors increasing earnings, but in the current quarter, falling selling prices accompanying lower raw material and fuel prices were cited as a factor reducing revenue in the superabsorbent polymers segment. - FY2024-Q1MitigatedAnnual report
「Operating profit increased due to lower raw material and fuel prices and logistics costs, among other factors.」
While higher raw material and fuel prices and logistics costs had previously been cited as factors reducing earnings, their declines increased earnings in the superabsorbent polymers segment in the first quarter. - FY2023-Q1RestatedAnnual report
「Revenue increased due to higher sales volumes in Asian markets and elsewhere, higher selling prices accompanying higher raw material and fuel prices, and the impact of foreign exchange rates, but operating profit declined due to higher raw material and fuel prices.」
While higher raw material and fuel prices led to higher selling prices and increased revenue, they continued to put downward pressure on operating profit. - FY2022RestatedAnnual report
「Revenue increased due to higher selling prices accompanying higher raw material prices and the impact of foreign exchange rates, among other factors, but operating profit declined due to higher raw material and fuel prices and logistics costs, among other factors.」
The full-year results also stated that fluctuations in raw material and fuel prices affected selling prices and operating profit. - FY2022-Q3RestatedAnnual report
「Operating profit declined due to higher raw material and fuel prices and other factors, including higher logistics costs.」
In addition to higher raw material and fuel prices, higher logistics costs continued to be stated as factors reducing operating profit in the superabsorbent polymers segment. - FY2022-Q2WorsenedAnnual report
「Operating profit declined due to higher raw material and logistics costs, in addition to lower sales volumes.」
In addition to higher raw material prices, higher logistics costs were explicitly stated as a factor reducing earnings in the superabsorbent polymers segment. - FY2022-Q1Reversal from falling to rising raw material pricesAnnual report
「Operating profit declined due to higher raw material prices, in addition to lower sales volumes.」
The stated factor changed from falling raw material prices increasing earnings in the previous fiscal year to rising raw material prices reducing earnings in the superabsorbent polymers segment in the current quarter. - FY2021RestatedAnnual report
「Operating profit increased due to lower raw material prices, in addition to higher sales volumes.」
The stated factors changed from soaring raw material and fuel prices reducing earnings to falling raw material prices, together with higher sales volumes, increasing earnings. - FY2021-Q3Selling price declines due to falling raw material prices explicitly statedAnnual report
「Selling prices declined as raw material prices fell, resulting in a level comparable with the same period of the previous year.」
The decline in selling prices accompanying lower raw material prices was cited as a factor behind revenue in the superabsorbent polymers segment being comparable with the same period of the previous year. - FY2020-Q3RestatedAnnual report
「This was attributable to the impact of lower selling prices, lower sales volumes and the weaker yuan in the Chinese market, among other factors.」
The factors reducing earnings in the superabsorbent polymers segment continue to be falling selling prices and sales volumes in the Chinese market and a weaker yuan, rather than the previous soaring raw material and fuel prices. - FY2020-Q2RestatedAnnual report
「This was attributable to the impact of lower selling prices, lower sales volumes and the weaker yuan in the Chinese market, among other factors.」
The factors reducing earnings continue to be falling selling prices and sales volumes in the Chinese market and a weaker yuan, rather than the previous soaring raw material and fuel prices. - FY2020-Q1From soaring raw material and fuel prices to falling selling prices in the Chinese market and a weaker yuanAnnual report
「This was attributable to the impact of lower selling prices, lower sales volumes and the weaker yuan in the Chinese market, among other factors.」
The stated earnings factors changed from the previous profit pressure caused by soaring raw material and fuel prices to falling selling prices and sales volumes in the Chinese market and a weaker yuan as factors reducing earnings in the superabsorbent polymers segment. - FY2019-Q3RestatedAnnual report
「This was due to factors including soaring raw material and fuel prices, despite efforts to correct selling prices.」
Soaring raw material and fuel prices continue to reduce earnings in the superabsorbent polymers segment, despite efforts to correct selling prices. - FY2019-Q2Higher raw material and fuel prices mentioned againAnnual report
「This was due in part to a surge in raw material and fuel prices despite efforts to revise selling prices.」
A reference to raw material and fuel prices, which was not explicit in the previous quarter, has reappeared, with a surge in those prices cited as a factor behind lower profit in the superabsorbent resins segment. - FY2019-Q1DroppedAnnual reportThe explanation of the superabsorbent resins segment's performance in the first quarter makes no mention of the previously cited softer product prices following the decline in crude oil prices or higher raw material and fuel prices.
- FY2018RestatedAnnual report
「Although sales increased due in part to higher sales volumes to China and other emerging Asian markets, profit declined under the impact of higher raw material and fuel prices.」
Profit pressure from higher raw material and fuel prices continues to be cited as a factor behind lower full-year profit in the superabsorbent resins segment. - FY2018-Q3RestatedAnnual report
「Although sales increased due in part to higher sales volumes to China and other emerging Asian markets, profit declined under the impact of higher raw material and fuel prices.」
The profit pressure attributed to higher raw material and fuel prices, replacing the previous impact of lower crude oil prices and yen appreciation, continues to be cited as a factor behind lower profit in the superabsorbent resins segment. - FY2018-Q2RestatedAnnual report
「Operating income declined due in part to higher raw material and fuel prices.」
The profit pressure, now attributed to higher raw material and fuel prices rather than the previous impact of lower crude oil prices and yen appreciation, continues to be cited as a factor behind lower profit in the superabsorbent resins segment. - FY2018-Q1From lower crude oil prices and yen appreciation to higher raw material and fuel pricesAnnual report
「Operating income declined due to higher raw material and fuel prices.」
Whereas the previous disclosure cited softer product prices following the decline in crude oil prices and the impact of yen appreciation, the current quarter cites higher raw material and fuel prices as a factor behind lower profit in the superabsorbent resins segment. - FY2017SoftenedAnnual report
「This was attributable to increased sales volumes to emerging markets such as Southeast Asia and China, despite softer product prices resulting from lower crude oil prices.」
The explanation of the superabsorbent resins segment no longer explicitly mentions the impact of yen appreciation, focusing instead on softer product prices following the decline in crude oil prices. - FY2017-Q3RestatedAnnual report
「This was attributable to increased sales volumes to emerging markets such as Southeast Asia and China, despite softer product prices resulting from lower crude oil prices and the impact of the stronger yen.」
Softer product prices following the decline in crude oil prices and yen appreciation continue to be described as part of the business environment for the superabsorbent resins business. - FY2017-Q2RestatedAnnual report
「This was attributable to increased sales volumes to emerging markets such as Southeast Asia and China, despite softer product prices resulting from lower crude oil prices and the impact of the stronger yen.」
Softer product prices following the decline in crude oil prices and yen appreciation continue to be described as part of the business environment for the superabsorbent resins business. - FY2017-Q1First statedAnnual report
「This was amid softer product prices following the decline in crude oil prices and the impact of yen appreciation.」
The disclosure states that softer product prices following the decline in crude oil prices and yen appreciation actually affected the business environment for superabsorbent resins.