Fluctuations in Feedstock Prices, Including Naphtha, and Product Market Conditions
First written in FY2016. 26 of 36 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-08-05.
Mitsui Chemicals moved to the "Worse" side of this theme in 2016, 1 year before the typical company in this theme (2017).
0 other companies' latest entry also says "Other".
- 2026-08-05OtherEarnings presentation
「One-time inventory valuation gains and other benefits accompanying higher raw-material prices」
Naphtha prices rose substantially year on year in the first quarter, and one-time inventory valuation gains contributed to profit. The direction of the earnings impact from raw-material price movements differed from the price declines and inventory valuation losses disclosed in the FY2026 annual results. - FY2026WorsenedAnnual report
「Core operating income was ¥100.0 billion, a decrease of ¥1.0 billion, or 0.9%, from the previous consolidated fiscal year. This was due to deterioration in inventory valuation gains and losses resulting from declines in prices of raw materials, including naphtha, among other factors.」
The risk of fluctuations in raw material prices reduced core operating income for the Company as a whole through deterioration in inventory valuation gains and losses resulting from lower naphtha prices. The core operating loss in Basic & Green Materials widened to ¥18.4 billion. - FY2026-H1WorsenedAnnual report
「Core operating income was ¥44.5 billion, a decrease of ¥8.3 billion, or 15.8%, from the previous interim consolidated period. This was due to deterioration in inventory valuation gains and losses resulting from declines in prices of raw materials, including naphtha, among other factors.」
Deterioration in inventory valuation gains and losses resulting from lower prices of raw materials, including naphtha, reduced core operating income for the Company as a whole. In Basic & Green Materials, the core operating loss widened to ¥10.5 billion. - FY2025-H1Improved on higher raw material prices, but demand remained weak and operating rates were lowAnnual report
「Sales of polyolefins and phenols remained sluggish. Meanwhile, terms of trade improved due to inventory valuation gains resulting from higher prices of raw materials, including naphtha.」
Inventory valuation gains resulting from higher raw material prices and improved terms of trade increased earnings, while sluggish sales of polyolefins and phenols and lower cracker operating rates continued. - FY2024-Q3WorsenedAnnual report
「Core operating income was a loss of ¥3.9 billion, a deterioration of ¥33.7 billion from the same period of the previous year, due to lower sales volumes resulting from slowing demand and reduced inventory valuation gains and other factors.」
With respect to the risk of fluctuations in raw material and product market conditions, slowing demand and lower inventory valuation gains reduced earnings in basic materials, which turned into a ¥3.9 billion loss. - FY2024-Q2WorsenedAnnual report
「Core operating profit and loss deteriorated by ¥34.4 billion from the same quarter of the previous year, resulting in a loss of ¥7.1 billion due to lower sales volumes amid slowing demand, reduced inventory valuation gains and other factors.」
With respect to the risk of fluctuations in raw material and product market conditions, slowing demand and lower inventory valuation gains reduced core operating income in basic materials, which turned into a loss. - FY2024-Q1WorsenedAnnual report
「Core operating profit and loss deteriorated by ¥21.2 billion from the same quarter of the previous year, resulting in a loss of ¥0.4 billion due to lower overseas market prices, inventory valuation losses and other factors.」
The impact of fluctuations in raw material and product market conditions, including weaker overseas market conditions and inventory valuation losses, increased, resulting in a core operating loss in basic materials. - FY2023-Q3MaterialisedAnnual report
「Revenue was ¥1.4289 trillion, an increase of ¥263.8 billion, or 22.6%, from the cumulative consolidated period of the same quarter of the previous year. This was due to higher selling prices resulting from higher prices of feedstock and fuel, including naphtha.」
The risk of fluctuations in feedstock and fuel prices appeared in the results as higher selling prices and increased revenue resulting from higher prices of feedstock and fuel, including naphtha. - FY2023-Q2MaterialisedAnnual report
「Revenue was ¥951.1 billion, an increase of ¥207.6 billion, or 27.9%, from the cumulative consolidated period of the same quarter of the previous year. This was due to higher selling prices resulting from higher prices of feedstock and fuel, including naphtha.」
Higher selling prices resulting from higher feedstock and fuel prices continued to appear in the results as a factor increasing revenue. - FY2023-Q1MaterialisedAnnual report
「Revenue was ¥476.1 billion, an increase of ¥105.5 billion, or 28.5%, from the cumulative consolidated period of the same quarter of the previous year. This was due to higher selling prices resulting from higher prices of feedstock and fuel, including naphtha.」
Higher prices of feedstock and fuel, including naphtha, raised selling prices and appeared in the results as a factor increasing revenue. - FY2022MaterialisedAnnual report
「Revenue was ¥1.6127 trillion, an increase of ¥401.0 billion, or 33.1%, from the previous consolidated fiscal year. This was due to the impact of higher selling prices resulting from higher prices of feedstock and fuel, including naphtha, in addition to increased sales volumes in each segment as demand recovered with the reopening of economic activity.」
Higher feedstock and fuel prices appeared in the results as a factor increasing selling prices and revenue. In basic materials, inventory valuation gains contributed to higher core operating income. - FY2022-Q3MaterialisedAnnual report
「Revenue was ¥1.1651 trillion, an increase of ¥307.7 billion, or 35.9%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of higher selling prices resulting from higher prices of feedstock and fuel, including naphtha, in addition to increased sales volumes in each segment as demand recovered with the reopening of economic activity.」
Higher prices of feedstock and fuel, including naphtha, appeared in the results as a factor increasing selling prices and revenue. Revenue increased by ¥307.7 billion year on year. - FY2022-Q2MaterialisedAnnual report
「Revenue was ¥743.5 billion, an increase of ¥206.5 billion, or 38.5%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of higher selling prices resulting from higher prices of feedstock and fuel, including naphtha, in addition to increased sales volumes in each segment as demand recovered with the reopening of economic activity.」
Higher prices of feedstock and fuel, including naphtha, appeared in the results as a factor increasing selling prices and revenue. Revenue was ¥743.5 billion, up ¥206.5 billion year on year. - FY2022-Q1MaterialisedAnnual report
「Revenue was ¥370.6 billion, an increase of ¥116.1 billion, or 45.6%, from the cumulative consolidated period of the same quarter of the previous year. This was due to increased sales volumes in each segment as demand recovered with the reopening of economic activity, as well as the impact of higher selling prices resulting from higher prices of feedstock and fuel, including naphtha.」
Higher prices of feedstock and fuel, including naphtha, actually affected selling prices and revenue. Higher prices appeared in the results as a factor driving revenue growth. - FY2021-Q3MaterialisedAnnual report
「Revenue was ¥857.4 billion, a decrease of ¥147.9 billion, or 14.7%, from the cumulative consolidated period of the same quarter of the previous year. This was due to lower sales volumes resulting from the spread of COVID-19 and other factors, as well as the impact of selling prices resulting from declines in prices of feedstock and fuel, including naphtha.」
The impact of selling prices resulting from declines in prices of feedstock and fuel, including naphtha, together with lower sales volumes due to the infection, reduced revenue by ¥147.9 billion year on year. - FY2021-Q2MaterialisedAnnual report
「Revenue was ¥537.0 billion, a decrease of ¥141.7 billion, or 20.9%, from the cumulative consolidated period of the same quarter of the previous year. This was due to lower sales volumes resulting from the impact of COVID-19 and other factors, as well as the impact of selling prices resulting from declines in prices of feedstock and fuel, including naphtha.」
Lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, together with lower sales volumes due to the infection, reduced revenue by ¥141.7 billion year on year. - FY2021-Q1MaterialisedAnnual report
「Revenue was ¥254.5 billion, a decrease of ¥90.5 billion, or 26.2%, from the cumulative consolidated period of the same quarter of the previous year. This was due to lower sales volumes resulting from the impact of COVID-19 and other factors, as well as the impact of selling prices resulting from declines in prices of feedstock and fuel, including naphtha.」
Lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, together with lower sales volumes due to COVID-19, reduced revenue by ¥90.5 billion year on year. - FY2020MaterialisedAnnual report
「Revenue was ¥1.3390 trillion, a decrease of ¥143.9 billion, or 9.7%, from the previous consolidated fiscal year. This was due to the impact of lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, as well as lower sales volumes resulting from the impact of COVID-19 and other factors.」
Lower prices of feedstock and fuel, including naphtha, reduced selling prices and revenue, and the market fluctuation risk appeared in the annual results. - FY2020-Q3MaterialisedAnnual report
「Revenue was ¥999.1 billion, a decrease of ¥115.7 billion, or 10.4%, from the cumulative consolidated period of the same quarter of the previous year. This was mainly due to the impact of lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha.」
Lower prices of feedstock and fuel, including naphtha, reduced revenue by ¥115.7 billion year on year through lower selling prices, and the market fluctuation risk appeared in the results. - FY2020-Q2MaterialisedAnnual report
「Revenue was ¥674.9 billion, a decrease of ¥46.0 billion, or 6.4%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, despite steady sales.」
Lower prices of feedstock and fuel, including naphtha, reduced revenue by ¥46.0 billion year on year through lower selling prices, and the market fluctuation risk appeared in the results. - FY2020-Q1MaterialisedAnnual report
「Revenue was ¥342.8 billion, a decrease of ¥13.5 billion, or 3.8%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, despite steady sales.」
Lower prices of feedstock and fuel, including naphtha, reduced revenue through lower selling prices, and the risk of fluctuations in raw material and product market conditions appeared in the quarterly results. - FY2019MaterialisedAnnual report
「Revenue was ¥1.4829 trillion, an increase of ¥154.4 billion, or 11.6%, from the previous consolidated fiscal year. This was due to the impact of higher selling prices resulting from increases in prices of feedstock and fuel, including naphtha, in addition to steady sales, among other factors.」
Higher prices of feedstock and fuel, including naphtha, were actually reflected in selling prices and revenue. In basic materials, they also reduced earnings through their impact on inventory valuation. - FY2019-Q3MaterialisedAnnual report
「Revenue was ¥1.1148 trillion, an increase of ¥155.0 billion, or 16.1%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of higher selling prices resulting from increases in prices of feedstock and fuel, including naphtha, in addition to steady sales, among other factors.」
Higher prices of feedstock and fuel, including naphtha, and the resulting higher selling prices actually affected revenue. Higher raw material prices were also identified as a factor reducing earnings in mobility and food and packaging. - FY2019-Q2MaterialisedAnnual report
「Revenue was ¥720.9 billion, an increase of ¥100.0 billion, or 16.1%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of higher selling prices resulting from increases in prices of feedstock and fuel, including naphtha, in addition to steady sales, among other factors.」
Higher prices of feedstock and fuel, including naphtha, and the resulting higher selling prices actually affected revenue. Higher raw material prices were also identified as a factor reducing earnings in mobility and food and packaging. - FY2019-Q1MaterialisedAnnual report
「Revenue was ¥356.3 billion, an increase of ¥47.3 billion, or 15.3%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of higher selling prices resulting from increases in prices of feedstock and fuel, including naphtha, in addition to steady sales, among other factors.」
Higher prices of feedstock and fuel, including naphtha, and the resulting higher selling prices actually affected revenue in the first quarter under review. - FY2018MaterialisedAnnual report
「Revenue was ¥1.3285 trillion, an increase of ¥116.2 billion, or 9.6%, from the previous consolidated fiscal year. This was due to the impact of higher selling prices resulting from soaring prices of feedstock and fuel, including naphtha, and foreign exchange movements, among other factors.」
Soaring feedstock and fuel prices and foreign exchange movements actually affected selling prices and revenue, with the price differential amounting to ¥67.9 billion for the Company as a whole. - FY2018-Q3MaterialisedAnnual report
「Revenue was ¥959.8 billion, an increase of ¥89.7 billion, or 10.3%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of higher selling prices resulting from increases in prices of feedstock and fuel, including naphtha, and foreign exchange movements, among other factors.」
Higher prices of feedstock and fuel, including naphtha, and foreign exchange movements actually affected selling prices and were reflected in revenue as a ¥89.7 billion increase factor. - FY2018-Q2MaterialisedAnnual report
「Revenue was ¥620.9 billion, an increase of ¥52.2 billion, or 9.2%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of higher selling prices resulting from increases in prices of feedstock and fuel, including naphtha, and foreign exchange movements, among other factors.」
Higher prices of feedstock and fuel, including naphtha, and foreign exchange movements actually affected selling prices and were reflected in revenue. In healthcare and food and packaging, higher raw material prices reduced operating income. - FY2018-Q1MaterialisedAnnual report
「Revenue was ¥309.0 billion, an increase of ¥15.3 billion, or 5.2%, from the cumulative consolidated period of the same quarter of the previous year. This was due to the impact of higher selling prices resulting from increases in prices of feedstock and fuel, including naphtha, and foreign exchange movements, among other factors.」
Fluctuations in prices of feedstock and fuel, including naphtha, and foreign exchange rates actually affected selling prices. The impact of higher raw material prices on earnings was also disclosed for the healthcare and food and packaging businesses. - FY2017MaterialisedAnnual report
「This was due to impacts totaling ¥102.5 billion from lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, and foreign exchange movements.」
Declines in feedstock and fuel prices and the resulting lower selling prices due to foreign exchange movements affected annual revenue by ¥102.5 billion. - FY2017-Q3MaterialisedAnnual report
「This was due to impacts totaling ¥131.4 billion from lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, and foreign exchange movements.」
Declines in feedstock and fuel prices and the resulting lower selling prices due to foreign exchange movements affected revenue by ¥131.4 billion during the cumulative third quarter under review. - FY2017-Q2MaterialisedAnnual report
「This was due to impacts totaling ¥104.8 billion from lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, and foreign exchange movements.」
Declines in feedstock and fuel prices and the resulting lower selling prices due to foreign exchange movements affected revenue by ¥104.8 billion during the cumulative second quarter under review. - FY2017-Q1MaterialisedAnnual report
「This was due to impacts totaling ¥52.8 billion from lower selling prices resulting from declines in prices of feedstock and fuel, including naphtha, and foreign exchange movements.」
Explained that feedstock and fuel prices and foreign exchange movements actually affected selling prices in the quarter, reducing revenue by ¥52.8 billion. - FY2016First statedAnnual report
「A sharp rise or fall in naphtha prices could affect business performance, for example through delays in passing higher costs on to product prices or inventory valuation losses.」
Identified this as a market risk common to the major businesses, including functional resins, petrochemicals, and food and packaging.