Volatility in raw material and fuel prices and delays in passing costs through to product prices
First written in FY2016. 8 of 26 entries say "Restated". Latest entry: 2026-11-02.
No other company in this theme has enough history to compare yet.
- FY2026-H1Declines in raw material prices and product market prices moved in tandemAnnual report
「Although product sales in the Elastomers business remained firm, revenue declined due in part to lower product market prices in line with the decline in the price of butadiene, its principal raw material.」
The decline in raw material prices was accompanied by a decline in product market prices, reducing revenue in the Elastomers business. - FY2025-H1Higher raw material market prices and higher product prices occurred concurrentlyAnnual report
「The Caprolactam and Ammonium Sulfate business posted higher revenue as overseas sales volumes increased and selling prices also rose due to higher raw material market prices.」
Although raw material market prices rose, product selling prices also increased, with price volatility reflected in higher product prices. - FY2024-Q3RestatedAnnual report
「The Caprolactam and Ammonium Sulfate business posted lower revenue as sales volumes declined due to weaker demand and product selling prices also fell due in part to lower market prices for raw materials such as benzene and ammonia.」
Weaker demand and lower product prices resulting from lower raw material market prices continued to reduce revenue in the Caprolactam and Ammonium Sulfate business. - FY2024-Q2RestatedAnnual report
「The Nylon Polymer business posted lower revenue as demand for food packaging films and other applications declined, while selling prices also fell due in part to lower market prices for caprolactam, its raw material. The Caprolactam and Ammonium Sulfate business posted lower revenue as sales volumes declined due to weaker demand and product selling prices also fell due in part to lower market prices for raw materials such as benzene and ammonia.」
Weaker demand and lower product selling prices resulting from lower raw material market prices continued in the Nylon Polymer and Caprolactam and Ammonium Sulfate businesses. - FY2024-Q1Lower raw material market prices and lower product pricesAnnual report
「The Caprolactam and Ammonium Sulfate business posted lower revenue as sales volumes declined due to weaker demand and product selling prices also fell due in part to lower market prices for raw materials such as benzene and ammonia.」
Unlike during periods of rising raw material and fuel prices, product selling prices also fell as raw material market prices declined, making this, together with weaker demand, a factor reducing revenue. - FY2023-Q3WorsenedAnnual report
「Consolidated operating profit declined, as the Resins and Chemicals segment was significantly affected by higher raw material and fuel prices, lower sales volumes due to weaker demand, and biennial scheduled maintenance at the ammonia plant.」
Higher raw material and fuel prices coincided with lower sales volumes due to weaker demand and scheduled maintenance at the ammonia plant, emerging as factors reducing consolidated operating profit. - FY2023-Q2WorsenedAnnual report
「Consolidated operating profit declined. Although sales in the Functional Products segment remained firm, the significant impact of higher raw material and fuel prices in the Resins and Chemicals segment and biennial scheduled maintenance at the ammonia plant reduced profit.」
The impact of higher raw material and fuel prices, together with biennial scheduled maintenance at the ammonia plant, continued to reduce profit in the Resins and Chemicals segment and consolidated operating profit. - FY2023-Q1WorsenedAnnual report
「Consolidated operating profit and consolidated ordinary profit declined. Although sales in the Functional Products segment remained generally strong, the significant impact of higher raw material prices in the Resins and Chemicals segment and biennial scheduled maintenance at the ammonia plant led to lower profit.」
The impact of higher raw material prices, together with scheduled maintenance at the ammonia plant, emerged as a company-wide factor reducing profit. Selling prices also rose, but the company explained that the impact of higher raw material prices was significant. - FY2022-Q2RestatedAnnual report
「Consolidated operating profit, consolidated ordinary profit and quarterly net profit attributable to owners of the parent increased, as the impact of higher coal prices was more than offset by higher sales volumes, mainly in the Chemicals segment, and higher selling prices for nylon and lactam.」
Higher coal prices weighed on profit, but the benefits of higher chemical sales volumes and selling prices more than offset the impact. Raw material and fuel price volatility continued to affect performance. - FY2021RestatedAnnual report
「During the fiscal year, economic activity stagnated amid the global spread of COVID-19. Demand declined sharply in the first half, particularly in the Chemicals and Machinery segments, and chemical market conditions also deteriorated.」
Volatility in raw material, fuel and product market conditions continued to affect performance. The company also noted some recovery in market conditions and demand in the second half. - FY2021-Q3RestatedAnnual report
「Consolidated operating profit declined as the impact of lower selling prices for nylon and lactam outweighed the benefit from lower coal prices, although」
Although lower coal prices benefited profit, the continued decline in nylon and lactam selling prices had a greater negative impact on profit. - FY2021-Q1Lower raw material prices and lower product pricesAnnual report
「Consolidated operating profit declined as the impact of lower selling prices for nylon and lactam outweighed the benefit from lower coal prices, although」
Lower coal prices benefited profit, but the impact of lower selling prices for nylon and lactam was significant, and price volatility continued to affect performance. - FY2020-Q3RestatedAnnual report
「Consolidated operating profit declined because the significant impact of slowing demand for nylon and lactam outweighed the benefit of lower raw material prices, including coal.」
Although raw material prices fell, slowing demand for nylon and lactam and lower selling prices reduced profit, and price volatility continued to affect performance. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter period, consolidated revenue declined due to lower selling prices for caprolactam and other products and lower sales volumes of nylon, coal and other products. Consolidated operating profit, however, increased due to an improved synthetic rubber spread, higher sales volumes of functional products and other items, and the impact of lower raw material prices for coal and other products.」
While sales price adjustments and lower sales volumes resulting from lower raw material prices continued to reduce revenue, lower raw material prices also contributed to higher operating profit. - FY2020-Q1Lower raw material prices and sales price adjustmentsAnnual report
「Consolidated revenue declined due to sales price adjustments in response to lower raw material prices and lower coal sales volumes, among other factors, but」
Raw material prices fell rather than rose, and sales prices were adjusted accordingly. The previously identified price volatility and pass-through risk took a different form this quarter, involving price adjustments. - FY2019-Q3RestatedAnnual report
「The Cement and Ready-Mixed Concrete business posted higher revenue as sales remained firm. It was also affected by higher coal prices.」
Raw material and fuel price volatility risk resulting from higher coal prices continued to materially affect the Construction Materials business. - FY2019-Q2WorsenedAnnual report
「Shipments in the Synthetic Rubber business remained generally firm, particularly for tire applications, but revenue and profit declined due in part to falling product prices amid higher raw material prices.」
Product prices fell as raw material prices rose, and delays in passing through costs and raw material price volatility risk materially emerged as lower revenue and profit in the Synthetic Rubber business. - FY2019-Q1MaterialisedAnnual report
「The Cement and Ready-Mixed Concrete business posted higher revenue as sales volumes increased with rising domestic demand. It was also affected by higher coal prices.」
Raw material and fuel price volatility risk materially emerged again this quarter through the impact of higher coal prices on the Construction Materials business. - FY2018MaterialisedAnnual report
「Raw material and fuel prices rose overall, and the Construction Materials segment was particularly affected by persistently high coal market prices.」
Raw material and fuel price risk materially affected earnings in the Construction Materials segment through persistently high coal prices. - FY2018-Q3MaterialisedAnnual report
「During the cumulative period of the third quarter, sales remained firm despite the impact of higher coal market prices and periodic maintenance at IPP power plants, as market conditions for chemicals such as synthetic rubber, caprolactam and nylon improved, production and shipments increased because no biennial periodic maintenance was conducted for industrial chemicals, and sales volumes of cement, ready-mixed concrete and other products increased against a backdrop of solid domestic demand.」
The risk from raw material and fuel price fluctuations also emerged in results for the cumulative period of the third quarter through the impact of higher coal market prices. - FY2018-Q2MaterialisedAnnual report
「During the cumulative period of the second quarter, sales remained firm despite the impact of higher coal market prices and periodic maintenance at IPP power plants, as market conditions for chemicals such as synthetic rubber and nylon improved, production and shipments increased because no biennial periodic maintenance was conducted for industrial chemicals, and sales volumes of cement, ready-mixed concrete and other products increased against a backdrop of solid domestic demand.」
The risk from raw material and fuel price fluctuations also emerged in results for the cumulative period of the second quarter through the impact of higher coal market prices. - FY2018-Q1MaterialisedAnnual report
「During the cumulative period of the first quarter, sales remained firm despite the impact of higher coal market prices for fuel and periodic maintenance at IPP power plants, as market conditions for chemicals such as synthetic rubber and nylon improved, production and shipments increased because no biennial periodic maintenance was conducted for industrial chemicals, and sales volumes of cement, ready-mixed concrete and other products increased against a backdrop of solid domestic demand.」
The risk from raw material and fuel price fluctuations continued to emerge in quarterly results through the impact of higher coal market prices. - FY2017-Q3MaterialisedAnnual report
「In addition, during the third quarter of the current consolidated fiscal year, the Company was affected by increases in the prices of coal and other raw materials and fuels.」
The fluctuation in raw material and fuel prices, previously described as a risk, actually affected third-quarter results through higher prices for coal and other raw materials and fuels. - FY2016First statedAnnual report
「If fluctuations in the purchase prices of these principal raw materials cannot be passed through to product prices in a timely manner because of supply and demand conditions for the products or other factors, they may adversely affect the Group's business performance and financial condition.」
Raw material and fuel market risk, including higher coal procurement prices.