Cost reductions and passing costs on to selling prices in response to resource price fluctuations
First written in FY2018. 6 of 15 entries say "Mitigated", first in FY2024-Q3. Latest entry: 2026-11-10.
The whole theme swung hardest in 2017: 2 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-11-10MitigatedRevision to earnings forecast
「自動車、住設向け製品の販売価格の適正化が進んだことに加え、受注が増加したことにより増収増益」
製造コスト上昇に対する価格転嫁の遅れが従来の減益要因となっていたが、販売価格の適正化と受注増による増収増益が示された。 - FY2027-H1MitigatedAnnual report
「Business earnings were driven by a significant recovery in orders for automotive-related components and housing-equipment-related components in Japan, as well as the normalization of transaction prices.」
In the industrial products segment, normalized transaction prices, together with the recovery in orders, drove business earnings, and the report describes the effect of pricing measures taken in response to higher resource and manufacturing costs. - FY2025WorsenedAnnual report
「When fluctuations in raw material costs, including not only raw material prices and energy costs but also soaring labor costs, cause the group's operating income to decline, the group will assess the situation and, as necessary, take measures including cost reductions through more efficient procurement and production systems and reflecting the changes in selling prices, thereby mitigating their impact.」
Although the company also addressed soaring labor costs in addition to raw material and energy costs, the pass-through to selling prices could not keep pace with rising manufacturing costs in Japan, making this a factor behind the actual decline in profit. - FY2025-H1WorsenedAnnual report
「The Coated Fabrics segment performed steadily in automotive-related products and products for the electrical and electronics fields, but higher manufacturing costs and other factors resulted in higher revenue and lower profit.」
Although automotive-related and other products performed steadily, higher manufacturing costs and other factors resulted in higher revenue and lower profit, indicating that the response to rising costs was insufficient. - FY2024MitigatedAnnual report
「The Coated Fabric segment was affected by production adjustments at automakers, but reported higher revenue and profit as components for the electrical and electronics sectors and building material products made from general rubber-coated fabric performed well, and the pass-through of higher raw material and energy costs progressed.」
Progress in passing higher raw material and energy costs through to selling prices produced the effect of higher revenue and higher profit in the Coated Fabrics segment. - FY2024-Q3MitigatedAnnual report
「The Coated Fabric segment reported higher revenue and profit as building material products made from general rubber-coated fabric and components for the electrical and electronics sectors performed well, while the pass-through of higher raw material and energy costs also contributed.」
The effects of passing higher raw material and energy costs through to selling prices emerged, resulting in higher revenue and higher profit in the Coated Fabrics segment. - FY2024-Q2WorsenedAnnual report
「The Coated Fabrics segment was unable to keep pace with passing higher raw material and energy costs through to selling prices, but strong performance in building materials made from general rubber-coated fabrics and components for the electrical and electronics fields resulted in higher revenue and higher profit.」
The company continued to face a situation in which passing higher raw material and energy costs through to selling prices could not keep pace with the increases. However, strong performance in general rubber-coated fabrics and components for the electrical and electronics fields resulted in higher revenue and higher profit. - FY2024-Q1WorsenedAnnual report
「The Coated Fabrics segment performed well in building materials made from general rubber-coated fabrics and components for the electrical and electronics fields, but was unable to keep pace with passing higher raw material and energy costs through to selling prices, resulting in higher revenue and lower profit. The Printing Materials segment received more orders in Japan and the United States after announcing its withdrawal from the business, but was also unable to keep pace with passing higher raw material and energy costs through to selling prices, resulting in higher revenue and lower profit.」
Although the company proceeded with passing higher raw material and energy costs through to selling prices, the increases outpaced the pass-through, resulting in higher revenue and lower profit in both the Coated Fabrics and Printing Materials segments. - FY2023Profit declined despite passing higher costs through to selling pricesAnnual report
「The Outdoor Products segment saw a significant increase in sales as it captured the recovery trend in the hiking and trekking market, but higher purchase prices caused by the weaker yen led to efforts to pass the increases through to selling prices, resulting in higher revenue and lower profit.」
The company proceeded with passing higher purchase prices through to selling prices, but was unable to absorb the cost increases, resulting in lower profit. - FY2023-Q3Continuing to pass higher purchase prices through to selling pricesAnnual report
「The Outdoor Products segment secured products in response to the recovery in market conditions for hiking and trekking, driving sales growth, and worked to pass on higher procurement prices to secure profit, but reported higher revenue and lower profit.」
The company proceeded with passing higher purchase prices through to selling prices, but the scope to secure profit was limited, resulting in higher revenue and lower profit. - FY2023-Q1Passing part of the fuel cost increase through to freight ratesAnnual report
「The transport division secured revenue at approximately the same level as the previous year by passing on part of the increase in fuel costs caused by surging crude oil prices through freight rates, but profit declined because it was unable to fully absorb the increase in fuel costs.」
As a response to resource price fluctuations, the company passed part of the fuel cost increase through to freight rates, but was unable to absorb the full increase. - FY2019RestatedAnnual report
「When fluctuations in resource prices cause the group's operating income to decline, the group will assess the situation and, as necessary, take measures including cost reductions through more efficient procurement and production systems and reflecting the changes in selling prices, thereby mitigating their impact.」
As a response to resource price fluctuations, the company reiterated its policy of improving the efficiency of procurement and production systems and reflecting the changes in selling prices. - FY2018First statedAnnual report
「When fluctuations in resource prices cause the group's operating income to decline, the group will assess the situation and, as necessary, take measures including cost reductions through more efficient procurement and production systems and reflecting the changes in selling prices, thereby mitigating their impact.」
As measures to address the risk of resource price fluctuations, the company explicitly cited cost reductions through more efficient procurement and production systems and passing the increases through to selling prices.