Responding to Soaring Raw Material Prices Through Selling Price Improvements and Cost Pass-Through
First written in FY2023-Q1. 6 of 12 entries say "Advanced", first in FY2023. Latest entry: 2026-08-07.
The whole theme swung hardest in 2017: 2 of 7 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- FY2026-H1RestatedAnnual report
「Operating profit was ¥24,326 million, down 7.6% year on year, despite efforts such as improving selling prices and reducing costs, due mainly to higher fixed costs.」
The company continued efforts to improve selling prices and reduce costs, but operating profit fell below the same period of the previous year due to higher fixed costs. - FY2025AdvancedAnnual report
「The main factors behind the increases in sales and profit were the impact of newly consolidated operations in Europe, the passing through of costs to selling prices and lower price levels for some raw materials. Profit increased despite higher fixed costs.」
Efforts to pass on costs and reduce costs, together with the effect of newly consolidated European operations, contributed to higher full-year operating profit. - FY2025-H1RestatedAnnual report
「Although sales promotion activities were advanced in the construction sector, revenue fell below the previous year as market conditions intensified and the shift toward lower-priced products progressed. Meanwhile, vehicle production in India remained stable, and automotive revenue significantly exceeded the previous year. Total sales in India also exceeded the previous year, partly due to the impact of foreign-currency translation resulting from the weaker yen. Although efforts to improve selling prices continued, profit fell below the previous year due to higher fixed costs, including personnel expenses.」
The company continued efforts to improve selling prices, but in India, intensifying competition in the construction sector and higher fixed costs caused profit to fall below the previous year despite higher revenue. - FY2024-Q3AdvancedAnnual report
「Operating income was ¥41,390 million, up 71.3% year on year, as the company worked to reduce costs and improve selling prices despite increases in fixed costs such as personnel expenses.」
Operating profit increased 71.3% year on year despite higher fixed costs, as the company continued efforts to reduce costs and improve selling prices. - FY2024-Q2AdvancedAnnual report
「In the industrial, architectural, automotive aftermarket and anticorrosion fields, total sales exceeded the previous year's level as market conditions recovered gradually and the company worked to improve selling prices. Profit also exceeded the previous year's level, as some raw material prices declined and the company worked to improve selling prices.」
The company continued to improve selling prices in Japan, contributing to higher sales and profit in its main fields. Efforts to improve selling prices in India, Europe, Asia and Africa were also described. - FY2024-Q1AdvancedAnnual report
「Operating income was ¥12,105 million, up 42.6% year on year, as the company worked to improve profitability, including by passing higher costs through to selling prices, while selling expenses increased in line with higher sales.」
The company pursued profitability improvements, including passing costs through to selling prices, and operating income increased 42.6% year on year. - FY2023AdvancedAnnual report
「We focused on improving profitability by improving selling prices and the product mix.」
The company explained that continued selling-price improvements in Japan, India, Europe, Asia and Africa contributed to higher full-year sales and improved profit in some regions. - FY2023-Q3RestatedAnnual report
「In the automotive field, vehicle production exceeded the previous year's level, and sales increased year on year. In the industrial field, although market conditions remained weak, sales exceeded the previous year's level, partly because we worked to improve selling prices. In the architectural, automotive aftermarket and anticorrosion fields, market conditions had not yet fully recovered, but sales exceeded the previous year's level as we worked to improve selling prices.」
The company continued to improve selling prices in the domestic industrial, architectural, automotive aftermarket and anticorrosion fields, and sales in each field exceeded the previous year's level. - FY2023-Q2RestatedAnnual report
「In the automotive field, vehicle production exceeded the previous year's level, and sales increased year on year. In the industrial field, although market conditions remained weak, sales exceeded the previous year's level, partly because we worked to improve selling prices. In the architectural, automotive aftermarket and anticorrosion fields, market conditions had not yet fully recovered, but sales exceeded the previous year's level as we worked to improve selling prices.」
The company continued to improve selling prices in Japan, resulting in higher sales in the industrial, architectural, automotive aftermarket and anticorrosion fields. It also described efforts to improve selling prices in India, Europe and Africa. - FY2023-Q1First statedAnnual report
「Operating profit was ¥8,487 million, broadly in line with the previous fiscal year and down 2.8% year on year, as the company pursued profit improvement measures, including passing higher costs through to selling prices, while the impact of soaring raw material prices continued and selling expenses increased alongside higher sales.」
As measures to address soaring raw material prices and higher selling expenses, the company newly identified the pass-through of costs to selling prices and improvements in selling prices in each region as cross-functional initiatives.