Risk of delayed pass-through of fluctuations in LP gas purchase prices
First written in FY2016. 8 of 26 entries say "Restated". Latest entry: 2026-08-07.
Toho Acetylene moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 5 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- 2026-08-07OtherResults
「液化石油ガスは出荷数量は減少しましたが輸入価格の変動に伴い販売価格が上昇したことから売上高は増加しました。」
前年度の販売価格下落から変化し、当第１四半期は輸入価格の変動に伴う販売価格上昇が記載された。 - FY2026MaterialisedAnnual report
「Shipment volumes of liquefied petroleum gas increased, but sales decreased because selling prices fell in line with fluctuations in import prices.」
Compared with the previous interim period of rising selling prices, the full-year results showed that declining selling prices due to fluctuations in import prices contributed to lower LP gas net sales. - 2026-05-14MaterialisedResults
「液化石油ガスは出荷数量が増加しましたが輸入価格の変動に伴い販売価格が下落したことから、売上高は減少しました。」
輸入価格変動に伴う販売価格下落が実績として記載されている。 - FY2026-H1MaterialisedAnnual report
「Net sales of liquefied petroleum gas decreased because shipments for industrial use declined and selling prices fell in line with fluctuations in import prices.」
Compared with the previous interim period of rising selling prices, the current interim period disclosed a decline in selling prices due to fluctuations in import prices and a decrease in shipment volumes as actual results. The risk of deteriorating earnings was not explicitly stated. - FY2025-H1Selling prices increased in line with fluctuations in import pricesAnnual report
「Selling prices for liquefied petroleum gas increased in line with fluctuations in import prices, resulting in higher net sales and operating profit.」
Compared with the previous period of declining selling prices, the current interim period disclosed higher selling prices for LP gas, driven by fluctuations in import prices, as a factor behind increases in net sales and operating profit. - FY2024-Q3RestatedAnnual report
「Sales prices for liquefied petroleum gas declined in line with fluctuations in import prices. However, sales of various high-pressure gases increased as price revisions reflecting higher procurement costs took effect, and shipment volumes of nitrogen for power plants increased, resulting in higher sales.」
Selling prices for LP gas continued to decline as import prices fluctuated, but net sales in the gas-related business increased due to the increased penetration of price revisions for high-pressure gas and other factors. - FY2024-Q2MaterialisedAnnual report
「Sales prices for liquefied petroleum gas declined in line with fluctuations in import prices. However, sales of various high-pressure gases increased as price revisions reflecting higher procurement costs took effect, and shipment volumes of nitrogen for power plants increased, resulting in higher sales.」
For LP gas, a decline in selling prices due to fluctuations in import prices was actually disclosed. However, gas-related business net sales increased in the current quarter due to the increased penetration of price revisions for high-pressure gas and other factors. - FY2024-Q1MaterialisedAnnual report
「Sales prices for liquefied petroleum gas declined in line with fluctuations in import prices. However, sales of various high-pressure gases increased as price revisions reflecting higher procurement costs took effect, while shipment volumes of nitrogen for power plants and argon for automotive-related applications increased.」
For LP gas, a decline in selling prices due to fluctuations in import prices was actually disclosed. However, the disclosure does not indicate that delays in passing through costs resulted in deteriorating earnings. - FY2023RestatedAnnual report
「For liquefied petroleum gas, selling prices for many customers are linked to the product's import price. Selling prices may therefore be affected by fluctuations in import prices and other factors. If fluctuations in procurement prices cannot be passed through to selling prices promptly, the earnings of the Group may be affected.」
The risks associated with the linkage between LP gas import and selling prices, and the impact on earnings of delays in passing through procurement costs, continue to be disclosed. - FY2023-Q3RestatedAnnual report
「Net sales of liquefied petroleum gas and petroleum products increased due to the impact of higher import prices.」
For LP gas and petroleum products, the impact of higher import prices continues to be identified as a factor behind higher net sales. - FY2023-Q2RestatedAnnual report
「Net sales of liquefied petroleum gas and petroleum products increased due to the impact of higher import prices.」
For LP gas and petroleum products, the rise in import prices continues to be identified as a factor behind higher net sales. No deterioration in earnings due to delays in passing costs through to selling prices is mentioned. - FY2023-Q1Higher import prices emerged as a factor increasing salesAnnual report
「Net sales of liquefied petroleum gas and petroleum products increased due to the impact of higher import prices.」
For LP gas and petroleum products, the impact of higher import prices was reflected as a factor behind higher net sales. No deterioration in earnings due to delays in passing costs through to selling prices is mentioned. - FY2022WorsenedAnnual report
「In the energy-related field of liquefied petroleum gas, kerosene and other petroleum products, procurement prices have remained high. In addition, a further rise in energy prices is a concern depending on developments in the situation in Ukraine.」
In addition to persistently high procurement prices for LP gas and other products, there is concern that the situation in Ukraine could lead to a further rise in energy prices. - FY2022-Q3RestatedAnnual report
「Shipments of food-grade gas increased, supported by the recovery in consumption demand from the food-service industry despite the impact of the infectious disease. Net sales of liquefied petroleum gas and petroleum products increased, significantly affected by the rise in import prices from the beginning of the period.」
For liquefied petroleum gas and petroleum products, the rise in import prices continues to be identified as a factor behind higher net sales. No deterioration in earnings due to delays in passing costs through to selling prices is mentioned. - FY2022-Q2Higher import prices emerged as a factor increasing salesAnnual report
「Despite the impact of the spread of infectious diseases, shipments of food gases increased, supported by consumer demand from the food-service industry. Sales of liquefied petroleum gas and petroleum products increased as a result of higher import prices.」
For liquefied petroleum gas and petroleum products, the rise in import prices is identified as a factor behind higher net sales. No deterioration in earnings due to delays in passing costs through to selling prices is mentioned. - FY2021-Q3RestatedAnnual report
「Shipments of liquefied petroleum gas and petroleum products decreased because customers reduced production and for other reasons, and sales decreased as a result of lower import prices.」
For liquefied petroleum gas and petroleum products, the situation continued in which production adjustments by customers, together with lower import prices, reduced sales. - FY2021-Q2Lower import prices emerged as a factor reducing salesAnnual report
「Shipments of liquefied petroleum gas and petroleum products decreased because customers reduced production and for other reasons, and sales decreased as a result of lower import prices.」
Previously, lower import prices had been reported as reducing costs and increasing operating profit, but in the current quarter their impact was reported as a factor reducing sales of liquefied petroleum gas and petroleum products. - FY2020MitigatedAnnual report
「In addition, the downward trend in import prices for liquefied petroleum gas reduced costs, resulting in higher operating profit.」
The company reported that lower import prices reduced LPG costs and eased the downward pressure on profit from price fluctuations during the fiscal year. - FY2020-Q3RestatedAnnual report
「In terms of profit, cost of sales decreased because import prices for liquefied petroleum gas declined, and operating profit increased.」
The situation continued in which lower import prices for liquefied petroleum gas reduced cost of sales and increased operating profit. - FY2020-Q2MitigatedAnnual report
「In terms of profit, selling, general and administrative expenses increased, but cost of sales decreased as a result of lower import prices for liquefied petroleum gas, and operating profit increased.」
Cost of sales decreased because import prices for liquefied petroleum gas declined, and operating profit increased despite higher selling, general and administrative expenses. - FY2019-Q3Declining prices, but the impact of higher costs continuedAnnual report
「In terms of profit, general high-pressure gases increased because the large-scale scheduled maintenance at the Tagajo Plant carried out in the previous year was not repeated, among other factors. Although import prices for liquefied petroleum gas were trending lower, the business was affected by higher costs resulting from prices remaining elevated through the second quarter, and operating profit decreased because selling expenses increased.」
Although import prices for liquefied petroleum gas were described as trending lower, the impact of higher costs resulting from prices remaining elevated through the second quarter and higher selling expenses remained, reducing operating profit. - FY2019-Q2MaterialisedAnnual report
「In terms of profit, general high-pressure gases increased because the large-scale scheduled maintenance at the Tagajo Plant carried out in the previous year was not repeated, among other factors. However, liquefied petroleum gas was affected by higher costs resulting from persistently elevated import prices, and operating profit decreased because selling expenses increased.」
Higher costs resulting from persistently elevated import prices for liquefied petroleum gas materialized and, together with higher selling expenses, reduced operating profit in the gas-related business. - FY2019-Q1MaterialisedAnnual report
「Liquefied petroleum gas was affected by higher costs resulting from persistently elevated import prices. However, operating profit increased because the large-scale scheduled maintenance at the Tagajo Plant carried out in the previous year was not repeated, among other factors.」
Higher costs resulting from persistently elevated import prices for liquefied petroleum gas actually affected profit. - FY2018-Q2Sales prices raised as import prices increasedAnnual report
「In the gas-related business, demand for dissolved acetylene for public works and hydrogen for quartz processing declined, while demand for nitrogen for semiconductors and electronics increased. Sales of liquefied petroleum gas and petroleum products increased due to higher selling prices and other factors associated with rising import prices.」
The company reported that import prices for liquefied petroleum gas and petroleum products increased and that sales prices were raised accordingly. - FY2017RestatedAnnual report
「Liquefied petroleum gas prices are affected by fluctuations in crude oil prices and CP prices, which are the import prices of feedstock. If changes in procurement prices cannot be promptly passed through to sales prices, earnings in the liquefied petroleum gas business may be affected.」
The risk of fluctuations in LPG procurement prices and delays in passing them through to sales prices is reiterated. - FY2016First statedAnnual report
「Liquefied petroleum gas prices are affected by fluctuations in crude oil prices and CP prices, which are the import prices of feedstock. If changes in procurement prices cannot be promptly passed through to sales prices, earnings in the liquefied petroleum gas business may be affected.」
Fluctuations in crude oil and CP prices and the speed at which they are passed through to sales prices are identified as risk factors.