Komori
Daicel (4202) · RiskRestatedLatest Revisions to earnings forecasts (2026-11-05): "Materialised"

Risk of soaring prices for other raw materials and fuels

First written in FY2016. 10 of 21 entries say "Materialised", first in FY2018-Q1. Latest entry: 2026-11-05.

21entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018-Q1 – FY2019RestatedFY2020-Q1 – FY2020-Q3WorsenedFY2022 – FY2024-Q1RestatedFY20242016: 220162017: 420172018: 320182019: 320192020: 120202021: 020212022: 220222023: 120232024: 120242025: 020252026: 42026
Same theme, other companies
Cost increases driven by surging raw material and energy pricesA theme 386 companies write about · 399 as a headwind · 1 as a tailwind

Daicel moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).

The whole theme swung hardest in 2022: 127 of 168 companies on the "Worse" side.

41 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 190 companies compared. The sentences above are computed from all 190.Comparing 200 of the theme's 400 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「We seek to secure earnings by passing on to selling prices increases in raw material and fuel market prices that cannot be fully absorbed through our own efforts.」

    We continue to address fluctuations in raw material and fuel prices through optimal procurement, improvements to production facilities and manufacturing processes, energy conservation, and price pass-throughs.
  2. 2026-05-12WorsenedEarnings presentation

    「その他原料についても購入価格が大幅に上昇している。」

    その他原燃料価格リスクについて、購入価格の大幅上昇を示し、価格転嫁とコストダウンを進めている。
  3. FY2024RestatedAnnual report

    「Raw material and fuel prices continue to fluctuate, partly due to the overall inflationary trend and geopolitical risks, and this trend is not expected to change for the time being.」

    The company states that soaring and volatile raw material and fuel prices have continued amid inflation and geopolitical risks, and that it continues to respond through price pass-throughs and cost reductions.
  4. FY2024-Q1MaterialisedAnnual report

    「Revenue in this segment was ¥7,547 million, down 21.1% year on year. On the earnings side, the decline in sales volumes and higher raw material prices resulted in an operating loss of ¥643 million, compared with operating profit of ¥1,139 million in the same period of the previous year.」

    Higher raw material prices, together with lower sales volumes, emerged in actual results as a factor behind the operating loss in the Smart business.
  5. FY2023-Q1WorsenedAnnual report

    「Although sales volumes for some products declined due to the impact of lockdowns in China and reduced automobile production, we steadily captured sales opportunities and increased sales volumes for products with growing demand. We also passed soaring raw material and fuel prices and logistics costs through to selling prices and implemented thorough cost reductions.」

    In addition to soaring raw material and fuel prices, rising logistics costs have remained a challenge in actual results, and the company has absorbed the impact through price pass-throughs and cost reductions.
  6. FY2022WorsenedAnnual report

    「In response to the challenges posed by soaring global raw material and fuel prices and rising logistics costs, we are working to contain raw material and fuel costs through process innovation and to appropriately revise selling prices. In addition, without treating any area as off-limits, we are consistently implementing steady cost reductions across every area of the company.」

    In addition to soaring raw material and fuel prices, rising logistics costs have been identified as a challenge, with measures to absorb the impact through process innovation, price revisions, and company-wide cost reductions.
  7. FY2020-Q3RestatedAnnual report

    「For other raw materials and fuels, we are continuously seeking to switch to sources that are inexpensive and stable in price and to reduce costs by improving manufacturing methods. If high raw material and fuel prices persist, we will seek to absorb as much of the increase as possible through measures including passing it on in product selling prices.」

    We continue to address rising raw material and fuel prices through conversion of raw materials and fuels, improvements to manufacturing methods, and passing costs through to prices.
  8. FY2020-Q1RestatedAnnual report

    「Regarding raw material and fuel cost trends, we are taking measures to secure stable purchases of relatively inexpensive methanol, our principal raw material, including through long-term contracts and investments in methanol producers. For other raw materials and fuels, we are continuously seeking to switch to sources that are inexpensive and stable in price and to reduce costs by improving manufacturing methods. If high raw material and fuel prices persist, we will seek to absorb as much of the increase as possible through measures including passing it on in product selling prices.」

    We continue to respond through methanol long-term contracts and investments, conversion of raw materials and fuels, improvements to manufacturing methods, and passing costs through to prices.
  9. FY2019MaterialisedAnnual report

    「Although our group has worked diligently to improve performance by increasing sales volumes and pursuing ongoing cost reductions, the rise in raw material and fuel procurement costs, together with weaker market conditions for certain major products and changes in the sales mix, resulted in higher revenue but lower profit for the fiscal year under review compared with the previous fiscal year.」

    The increase in raw material and fuel procurement costs has emerged as a factor behind the decline in annual profit, alongside weaker market conditions and other factors.
  10. FY2019-Q3MaterialisedAnnual report

    「Operating profit in this segment was ¥12.933 billion, down 17.5% year on year, due to higher raw material and fuel prices and the impact of weaker market conditions.」

    Higher raw material and fuel prices continue to appear in results as a factor behind the decline in operating profit in the cellulose segment.
  11. FY2019-Q1MaterialisedAnnual report

    「For other raw materials and fuels, we are continuously seeking to switch to sources that are inexpensive and stable in price and to reduce costs by improving manufacturing methods. If high raw material and fuel prices persist, we will seek to absorb as much of the increase as possible through measures including passing it on in product selling prices.」

    Higher raw material and fuel prices have actually emerged as factors affecting the performance of the cellulose, organic synthesis and synthetic resins segments, and the company continues to pursue measures to absorb the impact through price pass-through and cost reductions.
  12. FY2018MaterialisedAnnual report

    「Operating profit in this segment was ¥7.918 billion, down 31.4% from the previous consolidated fiscal year, due to higher procurement prices for raw materials and fuels, increases in research and development expenses and depreciation, and the impact of a fire.」

    Higher procurement prices for raw materials and fuels appeared in annual results as a factor behind the decline in operating profit in the organic synthesis segment.
  13. FY2018-Q3MaterialisedAnnual report

    「Operating profit in this segment was ¥5.583 billion, down 34.4% year on year, due to higher procurement prices for raw materials and fuels and increases in research and development expenses and depreciation.」

    Higher procurement prices for raw materials and fuels continue to appear as a factor behind the decline in operating profit in the organic synthesis segment.
  14. FY2018-Q2MaterialisedAnnual report

    「Operating profit in this segment was ¥3.626 billion, down 36.4% year on year, due to higher procurement prices for raw materials and fuels and increases in research and development expenses and depreciation.」

    Higher procurement prices for raw materials and fuels actually emerged as a factor behind the decline in operating profit in the organic synthesis segment.
  15. FY2018-Q1MaterialisedAnnual report

    「Operating profit in this segment was ¥2.108 billion, down 39.4% year on year, due to higher procurement prices for raw materials and fuels and increases in research and development expenses and depreciation.」

    Through the previous quarter, the company had reported that lower procurement prices for raw materials and fuels were mitigating the impact, but during the current quarter, higher procurement prices actually emerged as a factor behind the decline in operating profit.
  16. FY2017RestatedAnnual report

    「We are making every effort to absorb the impact by switching to less expensive and more stable-priced raw materials and fuels, reducing costs through improvements in manufacturing methods, and passing costs through to product selling prices, but there is a limit to the extent that these measures can absorb」

    The company continues to pursue measures to absorb higher raw material and fuel prices by switching materials, improving manufacturing methods, and passing costs through to product prices.
  17. FY2017-Q3MitigatedAnnual report

    「Segment revenue was ¥55.318 billion, down 10.6% year on year, while operating profit was ¥8.511 billion, up 0.9% year on year, due in part to lower procurement prices for raw materials and fuels.」

    Lower procurement prices for raw materials and fuels boosted profit, mitigating the impact of higher raw material and fuel prices during the quarter.
  18. FY2017-Q1MitigatedAnnual report

    「Operating profit in this segment was ¥3.479 billion, up 2.7% year on year, due to lower procurement prices for raw materials and fuels and the decision not to conduct scheduled maintenance at the Aboshi Plant.」

    The company states that procurement prices for raw materials and fuels declined rather than increased during the quarter, temporarily easing cost pressures.
  19. FY2016First statedAnnual report

    「Raw material and fuel costs have remained high for an extended period. We are making every effort to absorb the impact by switching to less expensive and more stable-priced raw materials and fuels, reducing costs through improvements in manufacturing methods, and passing costs through to product selling prices, but there is a limit to the extent that these measures can absorb」

    The company outlines measures to address soaring raw material and fuel costs, while stating that there is a limit to the extent that price pass-through and improvements can absorb them.
Moved together

"Risk of sharp market fluctuations" moved the same way as this thread, in the same document, in 8 of its 21 moves.

844332★123456
  1. ★This thread
  2. 1Risk of sharp market fluctuations8×
  3. 2Legal, regulatory, political and social risks associated with overseas business expansion4×
  4. 3Industrial accident risks, including fires and explosions4×
  5. 4Building the healthcare business3×
  6. 5Recovery of investment and impairment risk in the overseas pyrotechnics business3×
  7. 6Foreign-Exchange Risk Accompanying Growth in Overseas Revenue2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Daicel's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-11-05: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.