Risk of fluctuations in key raw material prices and difficulty passing through cost increases
First written in FY2016. 9 of 18 entries say "Materialised", first in FY2018-Q1. Latest entry: 2026-05-14.
Nitta Gelatin moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 121 of 167 companies on the "Worse" side.
54 other companies' latest entry also says "Worsened".
- 2026-05-14WorsenedFinancial results presentation
「This could affect utility prices, such as electricity and gas, and transportation costs, and could also lead to higher prices for product packaging materials.」
The company specifies the possibility that the situation in the Middle East could raise utility, transportation and packaging material costs, and states that the amount of the impact has not been incorporated into the earnings forecast for the fiscal year ending March 2027. - FY2025-H1WorsenedAnnual report
「Higher raw material and energy prices resulting from the prolonged situation in Ukraine and growing tensions in the Middle East」
In addition to the existing elevation in raw material and energy prices, growing tensions in the Middle East are cited as a contributing factor, indicating that the challenging external cost environment is continuing and expanding. - FY2024-Q3WorsenedAnnual report
「Deteriorating productivity and the challenging business environment, including higher energy costs and labor costs in the United States in recent years, are continuing. Looking ahead, the competitive environment is expected to remain challenging, and product selling prices are expected to decline.」
In addition to the existing risk of higher raw material prices, the disclosure covers rising energy and labor costs in the United States and expected declines in product selling prices, indicating that the cost burden and conditions for passing costs through to prices are becoming more challenging. - FY2024-Q2RestatedAnnual report
「Meanwhile, the operating environment surrounding the Group remains challenging, due to elevated resource, energy and raw material prices resulting from the prolonged Russia-Ukraine situation, exchange-rate fluctuations, and accelerating global inflation.」
The disclosure states that elevated resource, energy and raw material prices and global inflation have continued, maintaining the disclosure of risks relating to key raw materials and the external cost environment. - FY2024-Q1MaterialisedAnnual report
「Operating profit was ¥489 million, down 28.1% year on year, due to higher raw material prices and other factors.」
Higher raw material prices and other factors materialized in the actual results as a decline in operating profit. - FY2023-Q3RestatedAnnual report
「Meanwhile, the operating environment surrounding the Group remained challenging, due in part to elevated resource and energy prices resulting from the prolonged Russian invasion of Ukraine.」
The disclosure states that resource and energy prices have remained elevated as a result of the prolonged invasion of Ukraine. - FY2023-Q2RestatedAnnual report
「In addition, the operating environment surrounding the Group remained challenging, amid continued global supply chain disruptions and elevated raw material and energy prices.」
The disclosure states that supply chain disruptions and elevated raw material and energy prices have continued. - FY2023-Q1WorsenedAnnual report
「In addition to global supply chain disruptions and soaring raw material and energy prices, the business environment surrounding the Group remained difficult due to the rapid depreciation of the yen and other factors.」
The discussion of the existing risk of raw material price volatility has been expanded to note that, in addition to raw material costs, energy prices have risen, broadening the factors contributing to deterioration in the external cost environment. - FY2022-Q3MaterialisedAnnual report
「Operating income was ¥1,010 million, down 9.1% year on year, affected by higher raw material and transportation costs and other factors,」
Higher raw material and transportation costs and other factors were reflected in actual results as factors behind the decline in operating income. - FY2022-Q1MaterialisedAnnual report
「Operating income was ¥268 million, down 21.8% year on year, affected by higher raw material and transportation costs.」
In addition to raw material prices, higher transportation costs were also reflected in actual results as a factor behind the decline in operating income. - FY2019-Q3MaterialisedAnnual report
「As a result, net sales were ¥27,075 million, down 4.2% year on year, while operating income declined to ¥547 million, down 35.5%, due to lower domestic sales, soaring fish raw material prices and other factors.」
Soaring fish raw material prices were reflected in actual results as a decline in operating income, and the risk of fluctuations in key raw material prices continued to materialize. - FY2019-Q1MaterialisedAnnual report
「In food materials, quality improvers and other products for processed meat products offset lower sales of products for confectionery and desserts, leaving total revenue broadly unchanged year on year. Profit declined due to the impact of higher raw material prices.」
Higher raw material prices were reflected in actual results as a decline in profit in the food materials business. - FY2018MaterialisedAnnual report
「Raw material costs accounted for 54.3% of the Group’s manufacturing costs in the fiscal year ended March 2018, ... On the other hand, passing fluctuations in the prices of these key raw materials through to the selling prices of the Group’s products is not easy.」
The raw material cost ratio was updated to 54.3%, and higher gelatin raw material prices in North America actually resulted in lower profit. - FY2018-Q3MaterialisedAnnual report
「As a result, net sales were ¥28,266 million, up 4.3% year on year, but operating income was ¥848 million, down 36.9%, ordinary income was ¥998 million, down 39.6%, and quarterly net income attributable to owners of the parent was ¥528 million, down 20.1%, due to higher gelatin raw material prices in North America and other factors.」
Higher gelatin raw material prices in North America and other factors were reflected in actual results as declines in operating income, ordinary income and quarterly net income attributable to owners of the parent. - FY2018-Q2MaterialisedAnnual report
「Gelatin sales remained solid in Japan for use in convenience-store prepared foods and in soft capsules for supplements. Overall sales increased, but profit declined due to higher raw material prices in North America and other factors.」
Higher raw material prices in North America were reflected in actual results as a decline in profit in the gelatin business. - FY2018-Q1MaterialisedAnnual report
「Profit declined due to higher raw material prices and other factors.」
Higher raw material prices were reflected in actual results as a decline in profit in the collagen materials business. - FY2017RestatedAnnual report
「Raw material costs accounted for 55.7% of the Group’s manufacturing costs in the fiscal year ended March 2017, and raw material prices fluctuate due to various factors. At the same time, passing fluctuations in the prices of these key raw materials through to the selling prices of the Group’s products is not easy.」
The raw material cost ratio was updated to 55.7%, and fluctuations in raw material prices and the difficulty of passing them through to selling prices continued to be identified as risks. - FY2016First statedAnnual report
「Raw material costs accounted for 57.5% of the Group’s manufacturing costs in the fiscal year ended March 2016, and raw material prices fluctuate due to various factors.」
Raw material costs accounted for 57.5% of manufacturing costs. Price fluctuations for livestock and marine by-products, natural polysaccharides, petroleum resins and other materials, as well as the difficulty of passing them through to selling prices, were identified as risks. The impact of higher raw material prices on profits in the food materials business was also noted.