Dependence on China for Raw Material Procurement

「As a result, we were able to diversify our purchasing sources. We will continue working to secure stable procurement of the required quantities and stabilize prices.」

「To address supply chain risk, we are considering and implementing measures such as diversifying the countries from which key raw materials are procured and using multiple purchasing sources, while continuing to reduce raw material procurement risk.」

「To reduce procurement risk, we began selling citric acid from Thailand, which we had newly begun handling.」

「Our main raw material, silicon metal, was affected by lockdowns in China, its main source of supply, and persistently high prices. However, we worked to secure stable procurement by increasing inventory levels and securing multiple purchasing routes. We are also considering procurement from multiple countries of origin to reduce procurement risk.」

「In Japan, although the surge in raw material prices was less pronounced than before, prices were higher than in the previous fiscal year, and selling prices per unit for products whose contracts link selling prices to raw material prices increased. For other products as well, we continued to revise selling prices in response to soaring raw material and import prices.」

「In Japan, raw material prices remained high, and selling prices per unit for products whose contracts link selling prices to raw material prices continued to rise. For other products as well, we continued to revise selling prices in response to soaring raw material and import prices.」

「Although operating profit was affected by soaring global raw material prices and higher import prices due to the weaker yen, it exceeded that of the previous consolidated fiscal year, with higher sales and profit, due to increased net sales, lower depreciation on new facilities and lower manufacturing costs resulting from improved capacity utilization.」

「Although raw material prices continued to rise in each country and operating profit was affected by higher procurement prices due to the weaker yen, operating profit exceeded that of the cumulative consolidated period of the previous quarter, with higher sales and profit, due to increased net sales, declining depreciation on new facilities and lower manufacturing costs resulting from improved capacity utilization.」

「Although raw material prices continued to rise in each country and operating profit was affected by higher procurement prices due to the weaker yen, depreciation on new facilities had begun to decline, and higher net sales resulted in operating profit exceeding that of the cumulative consolidated period of the previous quarter, with higher sales and profit.」

「Although operating profit was affected by higher raw material prices, the weaker yen and higher costs resulting from scheduled repairs at the Kashima Plant, depreciation on new facilities had begun to decline, and the increase in net sales had a significant impact. As a result, operating profit exceeded that of the cumulative consolidated period of the previous quarter, with higher sales and profit.」

「We are working to mitigate risk through diversification, including considering procurement from countries other than China. In addition, through the Company and its local subsidiaries, we are strengthening cooperative relationships with suppliers and establishing a framework that enables information gathering and an early response. If procurement prices rise, we will also respond by revising selling prices, in addition to reducing various costs and reviewing our earnings structure.」

「Operating profit fell below that of the cumulative period of the previous quarter, resulting in lower revenue and lower profit, as the effect of cost reductions from lower raw material prices was outweighed by higher costs from increased depreciation on new equipment and lower sales.」

「Although lower raw material prices reduced costs, operating profit fell below the cumulative consolidated period of the previous quarter due to higher costs from increased depreciation associated with the operation of new facilities and the impact of lower net sales, resulting in lower sales and profit.」

「We are working to mitigate risk through diversification, including considering procurement from countries other than China. In addition, through the Company and its local subsidiaries, we are strengthening cooperative relationships with suppliers and establishing a framework that enables information gathering and an early response.」

「Operating profit exceeded that of the cumulative period of the previous quarter, resulting in lower revenue but higher profit, due to progress in bringing selling prices into line through continuous price revisions, solid performance at overseas subsidiaries, lower raw material prices and lower import prices resulting from the stronger yen, among other factors.」

「Operating profit exceeded that of the cumulative period of the previous quarter, resulting in lower revenue but higher profit, due to progress in bringing selling prices into line through continuous price revisions, solid performance at overseas subsidiaries, lower raw material prices and lower import prices resulting from the stronger yen, among other factors.」

「Although operating profit was affected by higher raw material and imported procurement prices following the abolition of preferential tariffs on imports from China, as well as expenses incurred in connection with an antidumping petition, efforts to expand sales, revise prices in response to higher costs and reduce costs resulted in profit and sales exceeding those of the previous consolidated fiscal year.」

「Meanwhile, operating profit was ¥7,486 million, down 8.3% year on year, or ¥680 million, due to the impact of higher raw material prices and increased costs such as depreciation.」

「Operating profit was ¥5,243 million, down 3.3% year on year, or ¥180 million, due to the impact of higher raw material prices and increased costs such as depreciation.」

「Meanwhile, operating profit was ¥2,652 million, down 7.7% year on year, or ¥222 million, due to the impact of higher raw material prices and increased costs such as depreciation.」

「Operating profit was significantly affected by higher costs, including rising raw material prices due to higher crude oil prices and higher procurement prices for imported products due to the weaker yen. It decreased by ¥597 million from the previous consolidated fiscal year to ¥3,382 million.」

「Meanwhile, operating profit was weighed down by rising raw material and imported procurement prices.」

「Meanwhile, although efforts were made to reduce costs, the change in the scheduled maintenance period at the Osaka Plant to the first quarter, increases in raw material prices and increases in imported procurement prices became factors weighing on operating profit.」

「Meanwhile, although efforts were made to reduce costs, the change in the scheduled maintenance period at the Osaka Plant to the first quarter, increases in raw material prices and increases in imported procurement prices became factors weighing on operating profit.」

「China accounts for a significant share of the Group’s raw material procurement. As a result, the Group may be affected by China’s social and economic conditions.」