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Nippon Shikizai (4920) · InitiativeChallenges in advancing price pass-through

Maintaining profitability through inflation-adjusted estimates and product value

First written in FY2023. 1 of 5 entries say "Advanced", first in FY2026. Latest entry: FY2027-H1.

5entries
4years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY20232023: 120232024: 020242025: 020252026: 42026
Same theme, other companies
Responding to Inflation Through Price Pass-Through and Human Capital InvestmentA theme 5 companies write about · 0 as a headwind · 5 as a tailwind

0 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1Challenges in advancing price pass-throughAnnual report

    「In Japan, the wave of new product orders, centered on makeup products following the end of the COVID-19 pandemic, subsided in the second half of the prior consolidated fiscal year, but demand has continued to recover and improve gradually.」

    Although requests for price pass-through have continued, price pass-through of inflation-related increases into order prices in the domestic segment has not progressed sufficiently, and challenges in maintaining profitability were described.
  2. 2026-10-08Softeneds.kabutan.jp

    「また、原油由来製品をはじめとする各種インフレの影響が続いており、特にメイクアップの分野で各種コスト増の価格転嫁が十分に進んでおらず、業界として収益性にマイナスの影響を及ぼしていることも響くとしている。」

    コスト増を新規・リピート受注へ十分に価格転嫁できず、収益性維持の施策が弱く現れている。
  3. 2026-10-07WorsenedRevision of earnings forecasts

    「Although we continued efforts to reduce various costs, the pass-through of inflation into order prices has not progressed sufficiently」

    The company indicated that, despite continuing cost-reduction efforts, the inflation component had not been sufficiently passed through into order prices.
  4. FY2026AdvancedAnnual report

    「For new orders, we present estimates that reflect inflation, and for repeat orders, we also reflect increases in personnel expenses and prices in general. We are focusing on maintaining profitability by achieving appropriate pass-through of costs into prices.」

    The response to inflation has been expanded beyond new orders to repeat orders, with measures to maintain profitability through appropriate pass-through of costs into prices.
  5. FY2023First statedAnnual report

    「As prices for raw materials, labor, utilities and other expenses rise, we maintain close communication with customers and provide estimates for new orders that reflect higher prices. We also seek to maintain profitability and satisfy customers by providing product value commensurate with those estimates.」

    The Company first disclosed maintaining profitability by reflecting inflation in estimates for new orders and providing product value commensurate with those estimates.
Moved together

"Early Exit from Operating Loss and Recovery to Pre-Pandemic Levels" moved the same way as this thread, in the same document, in 3 of its 5 moves.

322222★123456
  1. ★This thread
  2. 1Early Exit from Operating Loss and Recovery to Pre-Pandemic Levels3×
  3. 2Recovery in Consolidated Results and Return to Profitability2×
  4. 3A robust earnings structure that generates profits continuously and consistently2×
  5. 4Sales Expansion2×
  6. 5Strengthening the customer base through proposals to existing customers, foreign-affiliated brands and new market entrants2×
  7. 6Expanding domestic cosmetics orders on the back of inbound and Asian demand2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Nippon Shikizai yet. It last moved in the Revision of earnings forecasts of 2026-10-07: "Worsened".
Maintaining profitability through inflation-adjusted estimates and product value | Nippon Shikizai,Inc. (4920) | Komori