Soaring Raw Material Prices and Logistics Costs
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2022: 22 of 37 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「The outlook for the overseas cosmetics market remains uncertain due to factors including developments in the situation in Ukraine and trends in resource prices.」
It continues to describe uncertainty in overseas markets due to the situation in Ukraine and trends in resource prices. - FY2024-Q1RestatedAnnual report
「The situation remains uncertain due to factors including developments in the Middle East, foreign exchange trends and the effects of rising prices.」
It continues to describe uncertainty in the business environment resulting from the international situation, foreign exchange trends and rising prices. - FY2023-Q3RestatedAnnual report
「Although the overseas cosmetics market has been gradually recovering, the outlook remains uncertain due to factors including developments in the situation in Ukraine, the effects of monetary tightening and trends in resource prices.」
It continues to describe uncertainty in overseas markets due to trends in resource prices and other factors. - FY2023-Q1MaterialisedAnnual report
「The economic outlook is expected to remain uncertain due to factors including the continued depreciation of the yen and soaring raw material prices.」
The rise in raw material prices is described not as a possibility, but as an actual market condition resulting from factors including the continued depreciation of the yen. - FY2021First statedAnnual report
「If changes in the international situation, the inflow of speculative funds or other factors temporarily create an imbalance between supply and demand and affect purchase prices, the Group's operating results and financial position may be adversely affected. In light of current conditions in the logistics industry, the Group may also be affected if these operators substantially raise delivery charges or reduce their business relationships with us.」
It describes the risk of higher purchase prices due to an imbalance between supply and demand for raw materials, as well as logistics operators' raising delivery charges and reducing business relationships.