Crude Oil Price Fluctuations and Reliance on Specific Raw Material Manufacturers
First written in FY2017. 7 of 20 entries say "Restated". Latest entry: FY2027-H1.
Miraial moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2021: 24 of 53 companies on the "Worse" side.
17 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Although procurement prices rose for some raw materials, procurement has remained stable without major disruption.」
Although procurement prices for some raw materials increased, procurement was described as stable without any major disruption, indicating that the impact on raw material supplies had eased compared with the previous fiscal year. - FY2025RestatedAnnual report
「The business environment surrounding the Group remained uncertain, amid prolonged geopolitical risks, a stagnating Chinese economy and persistently high prices for raw materials and other items, although inflationary pressure was trending lower.」
Prices for raw materials and other items remained elevated. Existing measures in response to crude oil price volatility and dependence on custom grades, including evaluating alternative grades and securing inventories sufficient for a certain period, also continued. - FY2025-H1MitigatedAnnual report
「The molding machine business recorded higher revenue and higher profit year on year, partly because orders and component supplies remained stable, despite some uncertainty including a slowdown in the automotive industry.」
The description indicated that component supplies related to the previous supply constraints had stabilized in the molding machine business. Although uncertainty over a slowdown in the automotive industry remained, the business impact on the supply side had eased compared with the previous quarter. - FY2025-Q1MitigatedAnnual report
「Factory utilization in the Molding Machine Business was recovering as parts shortages eased, resulting in higher revenue and higher profit year on year.」
The description of component shortages, which had previously constrained production activities in the molding machine business, changed to indicate that the shortages were easing. A trend toward recovery in factory operating rates and higher revenue and profit were also indicated, suggesting that the business impact of supply system risks had eased in part compared with the previous quarter. - FY2024-Q3WorsenedAnnual report
「Although capital investment in the molding machine business was on a recovery trend and orders were firm, the business remained in a difficult situation due in part to lower factory operating rates resulting from continued component shortages and the resulting constraints on production activities.」
Component shortages continued, leading to difficult conditions in the molding machine business through constraints on production activities and lower factory operating rates. The business impact of supply system risks continued to become more specific. - FY2024-Q2WorsenedAnnual report
「Amid this business environment, the plastic molding business remained resilient despite the gradually emerging effects of restrained investment in the semiconductor market, declining demand for smartphones and personal computers, and production adjustments for memory products, while revenue increased and profit decreased year on year due in part to persistently high labor and component costs and a downward trend in factory operating rates. The molding machine business recorded lower revenue and lower profit year on year, as the market recovery lagged and production activities continued to be constrained overall by component shortages.」
In addition to persistently high labor and component costs, constraints on production activities due to component shortages continued, contributing to a downward trend in factory operating rates and lower revenue and profit in the molding machine business. The business impact of risks related to raw material and component prices and supply systems had become more specific. - FY2024-Q1RestatedAnnual report
「Although profit in the molding machine business improved due to changes in the product mix toward higher value-added products, the business recorded lower revenue and higher profit year on year, as production activities continued to be constrained by the persistent overall shortage of components.」
The overall shortage of components continued to constrain production activities. While supply constraints remained, profit in the molding machine business improved due to changes in the mix toward higher value-added products and other factors. - FY2023RestatedAnnual report
「Many of the products of the Group use petrochemical products as raw materials. As raw material prices may be affected by fluctuations in crude oil prices and the costs associated with manufacturing and transporting raw materials, trends in the crude oil market may affect the Group’s business performance. In addition, some of the raw materials are custom grades supplied by specific raw material manufacturers.」
Fluctuations in crude oil prices and raw material-related costs, as well as dependence on specific manufacturers for custom grades, continued to be disclosed. In terms of actual results, soaring raw material and purchased component prices and component shortages led to lower operating rates and pressure on profitability in the molding machine business. - FY2023-Q3WorsenedAnnual report
「Although capital investment in the molding machine business was on a recovery trend and orders were firm, profitability came under pressure due to lower factory operating rates and other factors resulting from soaring material prices and severe component shortages.」
The previously reported soaring material prices and component shortages were explicitly linked to lower factory operating rates and pressure on profitability. The business impact of supply constraints had become more specific. - FY2023-Q2RestatedAnnual report
「The Molding Machine Business improved gradually, despite the impact of soaring material prices and serious parts shortages, partly because capital investment showed signs of recovery.」
Soaring material prices and severe component shortages continued to be described as constraints on the business. Meanwhile, the molding machine business was gradually improving as capital investment recovered, so the risks and performance improvement coexisted. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current fiscal year, the business environment surrounding the Company remained uncertain, amid rising geopolitical risks including the situation in Ukraine, soaring resource prices and supply chain disruptions. …The molding machine business remained sluggish, although capital investment sentiment gradually recovered and orders showed signs of improvement, due in part to the impact of soaring material prices and component shortages.」
Soaring resource and material prices, component shortages and supply chain disruptions were described as having affected the actual business environment and the performance of the molding machine business. The previously identified risks related to raw material price volatility and supply systems had worsened into broader supply constraints. - FY2022RestatedAnnual report
「Many of the products of the Group use petrochemical products as raw materials. As raw material prices may be affected by fluctuations in crude oil prices, trends in the crude oil market may affect the Group’s business performance. In addition, some of the raw materials are custom grades supplied by specific raw material manufacturers.」
Fluctuations in crude oil prices and dependence on specific raw material manufacturers for custom grades continued to be disclosed as risks, while measures including evaluating alternative grades and securing inventory also continued. - FY2022-Q3WorsenedAnnual report
「Meanwhile, the outlook for the economy remains uncertain, as soaring prices and shortages of components across industries have caused supply chain disruptions.」
In addition to the previously reported increases in raw material prices, shortages of components across industries and resulting supply chain disruptions were described. The impact of raw material and component price volatility and supply system risks had emerged more broadly in practice. - FY2022-Q2MaterialisedAnnual report
「Against this backdrop, the plastic molding business performed relatively well. Despite higher prices for raw materials and other purchased components, high factory utilization was maintained on the back of firm demand in the semiconductor industry, while the expansion of sales of new high-performance resin products also gradually began to gain traction.」
The occurrence of higher prices for raw materials and other purchased components was described. Although the text did not indicate a direct causal relationship with crude oil prices or dependence on specific manufacturers, the impact of raw material price volatility risk had emerged in the business environment. - FY2019RestatedAnnual report
「Many of the products of the Group use petrochemical products as raw materials. As raw material prices may be affected by fluctuations in crude oil prices, trends in the crude oil market may affect the Group’s business performance. In addition, some of the raw materials are custom grades supplied by specific raw material manufacturers.」
The possibility of fluctuations in crude oil prices, dependence on specific manufacturers for custom grades, and problems with supply systems continued to be disclosed as risks, with the evaluation of alternative grades and securing inventory described as countermeasures. - FY2018RestatedAnnual report
「Many of the Company’s products use petrochemical products as raw materials. As raw material prices may be affected by fluctuations in crude oil prices, trends in the crude oil market may affect the Group’s business performance. In addition, some of the raw materials are custom grades supplied by specific raw material manufacturers. If problems arise in the supply of these grades, alternative grades may not be available or switching to alternative grades may take time. The Company is evaluating alternative grades and products from other manufacturers and is taking measures including securing inventories sufficient for a certain period.」
Fluctuations in crude oil prices, dependence on specific manufacturers for custom grades, and supply problems continued to be disclosed as risks, with the evaluation of alternative products and inventory procurement described as countermeasures. - FY2017First statedAnnual report
「Many of the products of the Group use petrochemical products as raw materials. As raw material prices may be affected by fluctuations in crude oil prices, trends in the crude oil market may affect the Group’s business performance. In addition, some of the raw materials are custom grades supplied by specific raw material manufacturers.」
Fluctuations in crude oil prices and dependence on specific manufacturers for certain raw materials, including custom grades, were disclosed as business risks. Evaluating alternative grades and securing inventories sufficient for a certain period were also described as countermeasures.