Risks Related to Materials Procurement and Raw Material Prices
First written in FY2022-Q3. 4 of 5 entries say "Worsened", first in FY2023. Latest entry: 2026-08-07.
INFRONEER Holdings moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 122 of 167 companies on the "Worse" side.
55 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings presentation
「The situation in Iran has caused crude oil prices to surge. If this continues for an extended period, concerns may also arise regarding the procurement of straight-run asphalt and other materials.」
The company stated that crude oil prices had actually surged and disclosed concerns regarding the procurement of straight-run asphalt and other materials if the surge continues for an extended period. - FY2026WorsenedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt, excluding lease liabilities and liabilities related to public facility operating rights, stood at ¥573.3 billion, up ¥178.1 billion from ¥395.1 billion at the end of the previous consolidated fiscal year.」
Interest-bearing debt increased following the acquisition of 三井住友建設, expanding exposure to funding costs arising from higher interest rates and other factors. - 2026-05-13WorsenedEarnings presentation
「The situation in Iran has caused crude oil prices to surge. If this continues for an extended period, concerns may also arise regarding the procurement of straight-run asphalt and other materials.」
The company explicitly identified concerns regarding the procurement of straight-run asphalt and other materials if the surge in crude oil prices caused by the situation in Iran becomes prolonged. - FY2023WorsenedAnnual report
「As the protracted situation in Ukraine and global policy rate increases continue, close attention must remain focused on the impact on our Group's business activities of soaring crude oil and other prices, fluctuations in financial and capital markets such as equity and foreign exchange markets, and supply-side constraints.」
In addition to soaring crude oil and raw material prices, the company explicitly identifies the situation in Ukraine, financial market volatility and supply-side constraints as ongoing concerns for business operations. - FY2022-Q3First statedAnnual report
「Cost of sales increased as crude oil prices rose due to the continuation of coordinated production cuts by oil-producing countries and other factors.」
The company specifically states that higher crude oil prices increased the cost of sales in its paving business during the current quarter.