Passing on Surging Prices of Chinese-Sourced Raw Materials to Selling Prices
First written in FY2018. 10 of 16 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-08-10.
The whole theme swung hardest in 2020: 2 of 17 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- 2026-08-10RestatedEarnings presentation
「Optimized pricing」
The company reconfirmed that it continues to optimize pricing in response to raw-material and fuel costs. - FY2026AdvancedAnnual report
「As a result of efforts to expand sales in Japan and overseas, optimise pricing, improve the sales mix and achieve ongoing cost reductions, the figure was ¥8,575 million, up 11.5% year on year.」
The continued optimisation of pricing and improvement of the sales mix in response to raw-material, fuel and electricity costs, together with cost reductions and expanded sales, contributed to higher full-year segment profit. - FY2025-H1RestatedAnnual report
「Although the Company advanced expanded sales activities in Japan and overseas, price revisions and efforts to widen spreads through an improved sales mix,」
The Company continued to secure spreads through price revisions and an improved sales mix, but the refractories business reported lower revenue and profit due to declining sales volumes in Japan and overseas, among other factors. - FY2024AdvancedAnnual report
「In the refractories business, revenue for the consolidated fiscal year was ¥98,469 million, an increase of ¥17,760 million, or 22.0%, and segment profit was ¥8,062 million, an increase of ¥2,706 million, or 50.5%. The increases reflected selling-price revisions in response to persistently high raw-material costs and surging fuel and electricity costs, wider spreads from an improved sales mix, progress in expanding sales in Japan and overseas, and contributions from the newly added Brazilian refractories business.」
The Company expanded the scope of price revisions from raw-material costs to fuel and electricity costs, and, together with wider spreads from an improved sales mix, achieved higher revenue and profit. - FY2024-Q3AdvancedAnnual report
「In the refractories business, sales increased 21.4% year on year to ¥74,630 million and segment profit rose 58.9% to ¥6,454 million, due to expanded spreads from selling price revisions and an improved sales mix in response to persistently high raw material costs and surging fuel and electricity costs, contributions from the newly added Brazilian refractories business, and expanded sales in Japan and overseas.」
In response to higher raw-material, fuel and electricity costs, the Company revised selling prices and improved its sales mix to expand spreads, contributing to higher revenue and profit in the refractories business. - FY2024-Q2AdvancedAnnual report
「In the refractories business, revenue rose 26.6% year on year to ¥50,316 million and segment profit rose 62.1% to ¥4,419 million, reflecting price revisions in response to surging raw-material, fuel and electricity costs, an improved sales mix that raised spreads, contributions from the newly added Brazilian refractories business, and expanded sales activities in Japan and overseas.」
The Company continued to revise prices in response to surging raw-material, fuel and electricity costs, while also improving its sales mix and raising spreads. The refractories business consequently reported higher revenue and profit. - FY2024-Q1RaisedAnnual report
「The implementation of selling price revisions in response to soaring raw material, fuel, and electricity costs」
The Company expanded its response from raw-material prices to surging raw-material, fuel and electricity costs and continued to implement price revisions. Consolidated revenue rose 23.6% year on year, while revenue from the refractories business rose 33.2%, reflecting the price revisions and other factors. - FY2023-Q3AdvancedAnnual report
「In the refractories and related products business, revenue rose 20.1% year on year to ¥75,695 million and segment profit rose 5.1% to ¥7,886 million, mainly because higher refractory raw-material prices were passed through to selling prices as described above.」
The Company explained that progress in passing higher raw-material prices through to selling prices contributed to increases in revenue and segment profit in the refractories and related products business. - FY2023-Q2AdvancedAnnual report
「In the refractories and related products business, sales increased 21.9% year on year to ¥49,204 million and segment profit rose 9.0% to ¥5,277 million, due mainly to progress in passing higher refractory raw material costs through to selling prices, as described above.」
Progress in passing higher raw-material prices through to selling prices contributed to higher revenue and profit in the refractories and related products business. - FY2023-Q1AdvancedAnnual report
「Revenue was ¥29,661 million, up 14.8% year on year, mainly because increases in refractory raw material prices, which were on an upward trend, were progressively passed through to selling prices.」
Progress in passing higher raw-material prices through to selling prices resulted in a 14.8% year-on-year increase in consolidated revenue. The Company disclosed the effects of its price pass-through measures together with specific performance figures. - FY2020-Q2RestatedAnnual report
「In the refractories and related products business, refractory sales volumes declined due to lower domestic crude steel production, but revenue rose 1.0% year on year to ¥45,667 million, reflecting the effects of price revisions implemented in the second half of the previous fiscal year and other factors.」
The effects of the price revisions implemented in the second half of the previous fiscal year continued into the first half under review, contributing to higher revenue despite lower sales volumes. - FY2020-Q1RestatedAnnual report
「In the refractories and related products business, sales increased 3.2% year on year to ¥22,718 million, due mainly to higher sales at overseas subsidiaries and the effects of price revisions in the second half of the previous fiscal year.」
The effect of the price revisions implemented in the second half of the previous fiscal year continued into the first quarter under review, and the ongoing pricing response continued to contribute to results. - FY2019-Q3AdvancedAnnual report
「In the refractories and related products business, sales increased 19.2% year on year to ¥70,845 million through higher sales volumes and the pass-through to selling prices of higher raw material costs, while segment profit rose 65.2% to ¥7,707 million as cost reductions progressed.」
The increases in raw-material prices were passed through to selling prices during the cumulative third quarter, and, together with higher sales volumes and cost reductions, contributed to increases in revenue and segment profit. - FY2019-Q2AdvancedAnnual report
「In the refractories and related products business, sales increased 17.2% year on year to ¥45.2 billion and segment profit rose 74.2% to ¥4,931 million, reflecting higher refractories sales volumes on steady crude steel production and expanded sales, as well as the pass-through to selling prices of higher refractory raw material costs.」
The increases in raw-material prices were passed through to selling prices during the first half, and, together with higher refractory sales volumes, contributed to increases in revenue and segment profit. - FY2019-Q1AdvancedAnnual report
「In the refractories and related products business, sales increased 16.1% year on year to ¥2,202.0 million and segment profit increased 59.9% to ¥227.6 million, due to higher sales volumes of refractories and the pass-through to selling prices of increases in raw material prices.」
The increases in raw-material prices that had been identified as an urgent issue in the previous fiscal year were passed through to selling prices during the first quarter under review, and, together with higher sales volumes, contributed to increases in revenue and segment profit. - FY2018First statedAnnual report
「Prices for refractory raw materials from China are expected to continue rising from the next fiscal year onward, posing a risk to the entire refractory industry, including the Group. Passing these increases through to selling prices has therefore become an urgent priority.」
As a response to rising raw-material prices, the Company has newly identified passing the increases through to selling prices as an urgent, specific earnings-improvement measure.