Higher Manufacturing Costs Due to Sharp Swings in Oil and Mineral Resource Prices
First written in FY2021. 4 of 13 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Cluster Technology 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 2022: 122 of 167 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Uncertainty remains over the economic outlook due to inflation, including crude oil prices, and severe labor shortages.」
Uncertainty surrounding costs and the earnings environment due to higher raw material and energy prices and labor shortages has been reconfirmed. - FY2025RestatedAnnual report
「Higher costs due to rising raw material and labor costs, as well as labor shortages, persist, raising concerns about the impact on small and medium-sized companies.」
The risk of continued higher costs due to rising raw material and labor costs, as well as labor shortages, has been reconfirmed. - FY2025-H1RestatedAnnual report
「Meanwhile, various uncertain factors remain, including higher costs due to rising raw material prices, labor shortages and developments following the U.S. presidential election.」
Higher costs due to rising raw material prices, among other factors, have been reconfirmed as a concern arising from the external environment. Meanwhile, manufacturing expenses have been contained, partly limiting the impact on earnings. - FY2024-Q2MitigatedAnnual report
「On the earnings front, although selling, general and administrative expenses increased, the rise in raw material prices and electricity costs, among other items, moderated and manufacturing expenses were contained. In addition, increased production in the Macro-Technology-related business led to substantial improvements in operating income, ordinary income and quarterly net income. Some raw materials are scheduled for phased price increases, and we will continue to closely monitor developments.」
The rise in raw material prices and electricity costs, among other items, moderated, and pressure on earnings was partly relieved as manufacturing expenses were contained. However, some raw materials are scheduled for phased price increases, and risks remain. - FY2024-Q1MitigatedAnnual report
「On the earnings front, although selling, general and administrative expenses increased, the rise in raw material prices and electricity costs, among other items, moderated and manufacturing expenses were contained. In addition, increased production in the Macro-Technology-related business led to substantial improvements in operating income, ordinary income and quarterly net income. Some raw materials are scheduled for phased price increases, and we will continue to closely monitor developments.」
The rise in raw material prices and electricity costs, among other items, moderated, and pressure on earnings was partly relieved as manufacturing expenses were contained. However, some raw materials are scheduled for phased price increases, and risks remain. - FY2023RestatedAnnual report
「In Japan's manufacturing industry, the Corporate Goods Price Index has remained at a high level of around 10% as companies pass on higher raw material costs to prices, and the increase in companies' cost burden continues.」
Higher raw material costs remain elevated, and companies' cost burden continues to increase through price pass-through. The risk of higher manufacturing costs has been reconfirmed. - FY2023-Q3WorsenedAnnual report
「In Japan's manufacturing industry, in addition to higher import costs resulting from the yen's depreciation, persistently high electricity costs have further worsened the earnings environment.」
In addition to higher import costs resulting from the yen's depreciation, surging electricity costs are further worsening the earnings environment, and the risk of higher manufacturing costs due to resource and energy prices persists. - FY2023-Q2WorsenedAnnual report
「In Japan's manufacturing industry, in addition to persistently high resource prices, the historically weak yen has pushed up raw material prices and electricity costs further, and the earnings environment continues to deteriorate.」
Historically weak yen has compounded persistently high resource prices, and the earnings environment continues to deteriorate through raw material prices and electricity costs. The risk of higher manufacturing costs has become more concrete. - FY2023-Q1WorsenedAnnual report
「During the cumulative first quarter, the global economy faced significant downside risks due to the prolonged Russian invasion of Ukraine and continuing economic sanctions against Russia by the G7 countries, soaring prices for crude oil, natural gas, mineral resources and grains, and supply-chain disruptions caused by urban lockdowns under China's zero-COVID policy. In Japan's manufacturing sector, yen depreciation resulting from interest-rate hikes in Europe and the United States since early 2022, in addition to soaring resource prices, has worsened profitability.」
Resource prices remain elevated, while the yen's depreciation due to the invasion of Ukraine, sanctions against Russia and interest-rate hikes in Europe and the United States has added to the pressure on manufacturing costs and earnings. - FY2022WorsenedAnnual report
「Russia's invasion of Ukraine in February 2022 and the G7 countries' economic sanctions against Russia caused further surges in the prices of crude oil, natural gas, mineral resources and grains, casting a major shadow over the global economy as a whole.」
It has been disclosed that surging prices for crude oil, natural gas and mineral resources, among others, accelerated further against the backdrop of the invasion of Ukraine and sanctions, further intensifying the risk of higher manufacturing costs due to resource price fluctuations. - FY2022-Q3MaterialisedAnnual report
「However, the outlook has become increasingly uncertain due to rising resource prices, including crude oil and natural gas, the global spread of the Omicron variant of COVID-19 and a slowdown in China's domestic economy.」
Higher prices for resources such as crude oil and natural gas have been identified as actual economic conditions, and the risk of higher manufacturing costs due to resource price fluctuations has become apparent. - FY2022-Q2MaterialisedAnnual report
「However, the outlook remains uncertain due to concerns including surging prices for raw materials such as crude oil, natural gas, timber and steel, and signs of a slowdown in Chinese manufacturing output.」
Surging prices for raw materials such as crude oil, natural gas, timber and steel have been identified as actual economic conditions, and the risk of higher manufacturing costs has become apparent. - FY2021First statedAnnual report
「If oil, iron, copper or other mineral resource prices fluctuate sharply, the Company's product margins may fluctuate significantly because of higher manufacturing costs, including the costs of raw materials, components and electricity.」
A new risk has been disclosed: sharp fluctuations in resource prices such as oil, iron and copper could affect manufacturing costs and product margins through raw materials, components and electricity costs.