Surging Material Costs and Key Raw Material Prices

「電子回路基板向けのめっき加工の需要が堅調であったことから、売上高は前年同期を上回りましたが、原材料価格の高騰等の影響を受けました。」

「Demand for plating services for electronic circuit boards remained firm, resulting in net sales exceeding the year-earlier period, but the business was affected by soaring raw material prices and other factors. As a result, for the interim consolidated accounting period, net sales were ¥2,477 million, up 7.5% year on year, while the segment posted a loss of ¥8 million, compared with segment income of ¥90 million in the year-earlier period.」

「電子回路基板向けのめっき加工の需要が堅調であったことから、売上高は前年同四半期を上回りましたが、原材料価格の高騰等の影響により、セグメント利益は前年同四半期を下回りました。」

「Overall, the prices of various materials and raw materials are trending higher due to instability in the Middle East. In addition, amid supply concerns stemming from Russia's invasion of Ukraine, the market prices of nonferrous metals such as gold, palladium and nickel, which are raw materials for plating chemicals, have risen. The principal raw materials used in the Group's main products may become significantly more expensive, or remain expensive for an extended period, while selling prices may not be raised sufficiently to reflect those increases.」

「During the first six months of the current fiscal year, Japan's economy showed signs of normalizing social and economic activity as restrictions related to COVID-19 were eased. However, the outlook for the Japanese economy remained uncertain due to the prolonged Russia-Ukraine situation, soaring global resource prices and rising prices resulting from the weaker yen, among other factors.」

「During the first quarter of the current fiscal year, Japan's economy showed signs of normalizing social and economic activity as restrictions related to COVID-19 were eased. However, the outlook for the Japanese economy remained uncertain due to the prolonged Russia-Ukraine situation, soaring global resource prices and rising prices resulting from the weaker yen, among other factors.」

「Plating services for package substrates in Taiwan performed steadily. Plating services for the automotive industries in Thailand and Indonesia had not yet achieved a full recovery due to the impact of China's zero-COVID policy, but sales exceeded those of the same quarter of the previous year as the businesses emerged from the sharp downturn caused by COVID-19 in the previous fiscal year. Profit was affected by soaring prices for raw materials, including nonferrous metals. As a result, for the nine months ended 31 December of the current fiscal year, net sales were ¥3,695 million, up 9.6% year on year, and the segment recorded a loss of ¥316 million, compared with segment profit of ¥22 million in the same period of the previous year.」

「Demand for surface-treatment machinery for semiconductors and electronic components remained strong, mainly in Japan and Taiwan, and net sales exceeded those of the same quarter of the previous year. However, in addition to difficulties procuring materials and longer lead times due to the global shortage of components, prices for various materials used to manufacture the machinery, including resin plates, electronic components and filters, rose sharply, and segment profit fell below the same quarter of the previous year.」

「Demand for surface-treatment machinery for semiconductors and electronic components remained strong, mainly in Taiwan, and net sales exceeded those of the same quarter of the previous year. However, prices for various materials used to manufacture the machinery, including resin plates, electronic components and filters, rose sharply, and segment profit fell below the same quarter of the previous year.」

「Overall, the prices of various materials and raw materials are trending higher, partly due to China's economic growth. In addition, amid supply concerns stemming from Russia's invasion of Ukraine, the market prices of nonferrous metals such as gold, palladium and nickel, which are raw materials for plating chemicals, have risen. The principal raw materials used in the Group's main products may become significantly more expensive, or remain expensive for an extended period, while selling prices may not be raised sufficiently to reflect those increases.」

「Concerns remain over the impact on economic activity of issues surrounding US-China national security, rising resource prices, and shortages of semiconductors and other components, leaving the outlook for the economy uncertain.」

「Overall, the prices of various materials and raw materials are trending higher. The principal raw materials used in the Group's main products may become significantly more expensive, or remain expensive for an extended period, while selling prices may not be raised sufficiently to reflect those increases.」

「Sales of nonferrous metals and industrial chemicals also fell below the same quarter of the previous year, affected by lower selling prices resulting from declines in the market prices of nickel and copper, as well as economic stagnation in emerging countries, particularly China.」

「Sales of nonferrous metals and industrial chemicals also fell below the same quarter of the previous year, affected by lower selling prices resulting from declines in the market prices of nickel and copper, as well as economic stagnation in emerging countries, particularly China.」

「Sales of nonferrous metals and industrial chemicals also fell below the same quarter of the previous year, affected by lower selling prices resulting from declines in the market prices of nickel and copper, as well as economic stagnation in emerging countries, particularly China.」

「The key raw materials for the Group's main products may become significantly more expensive, or remain expensive for an extended period, while the Group may be unable to raise selling prices sufficiently to reflect the increase.」