Raw Material Price Fluctuations for Phenol and Starch
First written in FY2016. 13 of 24 entries say "Materialised", first in FY2018-Q1. Latest entry: 2026-07-30.
Gun Ei Chemical Industry moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 46 of 66 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- 2026-07-30MitigatedRevisions to earnings forecasts
「原材料調達の代替ルートの確保等により稼働維持の目途が立ち、原材料価格の高騰に関しても価格転嫁等が進んでおります。」
原材料調達について代替ルートを確保し、原材料価格高騰について価格転嫁が進んでいると記載している。 - FY2026WorsenedAnnual report
「Risks relating to raw material procurement and the supply chain」
These are classified as risks including fluctuations in raw material prices and product market conditions, supply delays or interruptions, and procurement and delivery delays caused by reduced transportation volumes stemming from laws related to work-style reform. Both the likelihood of occurrence and impact are rated “high.” - 2026-05-14WorsenedEarnings
「2027年３月期の連結業績予想につきましては、現時点で中東情勢が原材料の価格及び調達等に与える影響を合理的に算定することが困難であることから、未定とさせていただきます。」
中東情勢が原材料価格・調達に与える影響を理由に業績予想を未定としており、原材料・サプライチェーン関連リスクの影響を具体化している。 - FY2024-Q3MitigatedAnnual report
「In terms of profitability, as a result of efforts to adjust prices to reflect soaring raw material and other costs and improve the profitability of overseas subsidiaries, operating profit increased 67.3% year on year to ¥2,405 million, ordinary profit increased 66.3% to ¥2,686 million, and net profit attributable to owners of the parent increased 64.7% to ¥1,843 million.」
The disclosure states that price adjustments continued in response to soaring raw material and other costs, and that operating profit and other profit measures exceeded the same period of the previous year together with improved profitability at overseas subsidiaries. - FY2024-Q2MitigatedAnnual report
「In terms of profitability, as a result of efforts to adjust prices to reflect soaring raw material and other costs and improve the profitability of overseas subsidiaries, operating profit increased 79.5% year on year to ¥1,606 million, ordinary profit increased 74.3% to ¥1,837 million, and net profit attributable to owners of the parent increased 70.9% to ¥1,269 million.」
The disclosure states that price adjustments continued in response to soaring raw material prices, and that operating profit and other profit measures increased year on year. - FY2024-Q1MitigatedAnnual report
「As a result of efforts to correct prices to reflect higher raw material costs and improve the earnings of overseas subsidiaries, operating profit increased 89.3% year on year to ¥839 million, ordinary profit increased 83.1% to ¥935 million, and profit attributable to owners of the parent for the quarter increased 85.9% to ¥618 million.」
The disclosure describes the results of efforts to adjust prices in response to rising raw material prices, shifting from the previous year's disclosures on profit pressure from soaring raw material prices to disclosures on profit improvement through these measures. - FY2023ReframedAnnual report
「The impact on business performance from fluctuations in raw material procurement prices and product market conditions due to risks relating to raw material procurement and the supply chain, geopolitical risks and other factors, as well as situations involving delays or interruptions in supply from raw material manufacturers」
The scope has expanded from conventional fluctuations in the prices of raw materials such as phenol and starch to supply chain risks, including geopolitical risks, fluctuations in procurement prices and product market conditions, and supply delays or interruptions. - FY2023-Q3MaterialisedAnnual report
「In terms of profit, although we implemented expense reductions, including expanded sales of higher value-added products and lower energy consumption through process improvements, earnings were affected by rising costs, including continually increasing raw material prices. Operating profit decreased 31.3% year on year to ¥1,437 million, ordinary profit decreased 29.7% to ¥1,615 million, and quarterly net income attributable to owners of the parent decreased 29.4% to ¥1,119 million.」
Cost increases, including continuously rising raw material prices, actually occurred and became factors behind the deterioration in profit, including a 31.3% decrease in operating profit, despite the implementation of expense reductions. - FY2023-Q2MaterialisedAnnual report
「In terms of profit, although we implemented expense reductions, including expanded sales of higher value-added products and lower energy consumption through process improvements, earnings were affected by rising costs, including continually increasing raw material prices. Operating profit decreased 35.4% year on year to ¥895 million, ordinary profit decreased 31.7% to ¥1,053 million, and quarterly net income attributable to owners of the parent decreased 29.4% to ¥742 million.」
The disclosure states that cost increases, including continuously rising raw material prices, actually occurred and became factors behind the deterioration in profit, including a 35.4% decrease in operating profit, despite the implementation of expense reductions and other measures. - FY2023-Q1MaterialisedAnnual report
「In terms of profit, although we implemented expense reductions, including expanded sales of higher value-added products and lower energy costs through process improvements, earnings were affected by rising costs, including continually increasing raw material prices. Operating profit decreased 42.9% year on year to ¥443 million, ordinary profit decreased 40.8% to ¥510 million, and quarterly net income attributable to owners of the parent decreased 42.3% to ¥332 million.」
The disclosure states that cost increases, including continuously rising raw material prices, actually occurred and became factors behind the deterioration in profit, including a 42.9% decrease in operating profit, despite the implementation of expense reductions and other measures. - FY2022-Q3WorsenedAnnual report
「Looking ahead, economic activity is expected to recover as a result of measures to contain the spread of highly infectious variants, but conditions are expected to remain uncertain, with concerns including accelerating inflation due to persistently high crude oil prices and prolonged tightness in global supply and demand for commodities.」
In relation to raw material price risk, the disclosure newly specifies concerns about persistently high crude oil prices, tightness in global supply and demand for commodities, and accelerating inflation. - FY2022-Q2MaterialisedAnnual report
「In terms of profit, although earnings were affected by higher raw material prices, the recovery in revenue from the previous year and expanded sales of higher value-added products and other factors resulted in operating profit increasing 42.8% year on year to ¥1,386 million, ordinary profit increasing 44.3% to ¥1,542 million, and quarterly net income attributable to owners of the parent increasing 46.7% to ¥1,052 million.」
While soaring raw material prices actually became a negative factor for profit during the cumulative second-quarter period, profit exceeded the same period of the previous year due to the recovery in revenue and expanded sales of high-value-added products. - FY2022-Q1MaterialisedAnnual report
「In terms of profit, although earnings were affected by higher raw material prices, the recovery in revenue from the previous year and expanded sales of higher value-added products and other factors resulted in operating profit increasing 67.4% year on year to ¥776 million, ordinary profit increasing 67.2% to ¥863 million, and quarterly net income attributable to owners of the parent increasing 81.3% to ¥577 million.」
The disclosure states that soaring raw material prices actually became a negative factor for profit. However, profit exceeded the same period of the previous year due to the recovery in revenue and expanded sales of high-value-added products, among other factors. - FY2021ReframedAnnual report
「Difficulty in procuring petrochemical feedstocks and higher prices」
The scope of raw material price fluctuation risk has expanded from the previous focus on market fluctuations in phenol and starch to also include difficulty procuring petrochemical feedstocks and higher prices associated with adapting to a decarbonized, circular economy. - FY2019MaterialisedAnnual report
「In terms of profitability, affected by the increased depreciation burden, higher raw material prices, higher logistics costs and other factors, operating profit decreased 34.4% year on year to ¥1,614 million, ordinary profit decreased 32.2% to ¥1,836 million, and net profit attributable to owners of the parent decreased 25.7% to ¥1,176 million.」
The increase in raw material prices, together with logistics costs and other factors, actually occurred as a cause of the decline in profit, with the impact on operating profit and other measures quantified. - FY2019-Q3MaterialisedAnnual report
「In terms of profitability, affected by the increased depreciation burden, higher raw material prices, higher logistics costs and other factors, operating profit decreased 29.6% year on year to ¥1,391 million, ordinary profit decreased 29.9% to ¥1,510 million, and net profit attributable to owners of the parent decreased 26.6% to ¥1,047 million.」
The increase in raw material prices, together with the higher depreciation burden and logistics costs, actually occurred as factors behind the decline in profit, with the impact quantified as a 29.6% decrease in operating profit, among other effects. - FY2019-Q2MaterialisedAnnual report
「In terms of profitability, affected by the increased depreciation burden, higher raw material prices and other factors, operating profit decreased 27.1% year on year to ¥906 million, ordinary profit decreased 27.1% to ¥1,007 million, and net profit attributable to owners of the parent decreased 28.4% to ¥703 million.」
The increase in raw material prices, together with the higher depreciation burden, actually occurred as a factor behind the decline in profit, with the impact quantified as a 27.1% decrease in operating profit, among other effects. - FY2019-Q1MaterialisedAnnual report
「On the earnings side, operating profit decreased 29.2% year on year to ¥493 million, ordinary profit decreased 30.6% to ¥508 million, and profit attributable to owners of the parent for the quarter decreased 29.0% to ¥351 million due to the impact of higher imported raw material prices and other factors.」
Higher imported raw material prices actually contributed to lower profit, with the impact quantified, including a 29.2% decline in operating profit and a 30.6% decline in ordinary profit. - FY2018MaterialisedAnnual report
「On the earnings side, operating profit decreased 9.7% year on year to ¥2,459 million and ordinary profit decreased 7.3% to ¥2,708 million due to the impact of higher imported raw material prices and other factors.」
Higher imported raw material prices actually contributed to declines in operating profit and ordinary profit, with the impact quantified. - FY2018-Q3MaterialisedAnnual report
「In terms of earnings, operating profit declined 11.0% year on year to ¥1,978 million, ordinary profit declined 8.3% to ¥2,154 million, and net income attributable to owners of the parent declined 17.4% to ¥1,427 million, due to the impact of higher prices for imported raw materials and other factors, as well as stagnation at overseas subsidiaries.」
Higher imported raw material prices, together with sluggish performance at overseas subsidiaries, actually emerged as factors behind lower profit, with the impact quantified, including an 11.0% decline in operating profit. - FY2018-Q2MaterialisedAnnual report
「In terms of earnings, the Group implemented initiatives to improve productivity and reduce costs, but operating profit declined 6.6% year on year to ¥1,244 million due to the impact of stagnation at overseas subsidiaries and higher prices for imported raw materials, among other factors.」
It states that higher imported raw material prices actually contributed to the decline in operating profit. - FY2018-Q1MaterialisedAnnual report
「On the earnings side, the Group implemented initiatives to improve productivity and reduce costs, but operating profit decreased 0.8% year on year to ¥696 million due to the impact of higher imported raw material prices and other factors.」
It states that higher imported raw material prices actually contributed to the decline in operating profit. - FY2017RestatedAnnual report
「These factors increase the material costs of the Group's products. The Group intends to address this cost increase through cost reductions and passing it on to product prices, but a surge in raw material prices could adversely affect the Group's business performance and financial condition.」
It continues to disclose the risk of raw material price fluctuations linked to phenol and starch market conditions, and identifies cost reductions and passing the increases on to product prices as countermeasures. - FY2016First statedAnnual report
「The purchase price of phenol, the main raw material for the Chemicals business, is affected by crude oil market conditions. The purchase price of starch, the main raw material for the Food business, is affected by corn market conditions.」
It identifies volatility in raw material prices through crude oil and corn market conditions as a factor driving higher material costs and adversely affecting business performance and financial position.