Higher Energy Prices and Raw Material Procurement Prices
First written in FY2016. 7 of 19 entries say "Worsened", first in FY2017. Latest entry: 2026-07-31.
Kunimine Industries moved to the "Worse" side of this theme in 2016, 5 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 64 of 103 companies on the "Worse" side.
45 other companies' latest entry also says "Worsened".
- 2026-07-31WorsenedFinancial results
「Although the environment surrounding our group continues to present challenges such as labor shortages and higher energy prices,」
The company continues to identify labor shortages and higher energy prices as challenges in its operating environment. - FY2026WorsenedAnnual report
「In addition, in Japan, the business environment is expected to remain highly uncertain, with structural cost burdens likely to increase due to labor shortages and higher logistics and labor costs.」
In addition to the previously identified risks from fluctuations in energy, crude oil and raw material prices, structural cost burdens arising from labor shortages and higher logistics and labor costs have been explicitly identified. - 2026-05-08WorsenedFinancial results
「Cost increases accompanying continued inflation are expected to persist, and the situation remains unpredictable.」
The company expects cost increases associated with continued inflation to persist. - FY2026-H1RestatedAnnual report
「Cost increases associated with rising inflation are expected to continue, and conditions remain uncertain.」
The Company indicated that cost increases associated with rising inflation are expected to continue, reconfirming the risk of higher costs for raw materials, energy and other inputs. - FY2025MitigatedAnnual report
「Cost of sales increased by ¥29 million from the previous consolidated fiscal year to ¥11,245 million, up 0.3% year on year, while the cost-of-sales ratio remained flat at 71.6%, unchanged from the previous consolidated fiscal year. This was mainly because price revisions progressed primarily in the Clay Science and Agriculture businesses, although imported ore and various raw material prices remained elevated from the previous consolidated fiscal year.」
Although imported ore and raw material prices remained elevated, progress in price revisions kept the cost-of-sales ratio flat at 71.6%, containing the impact of higher costs to a certain extent. - FY2025-H1RestatedAnnual report
「Cost increases due to the continued depreciation of the yen, rising inflation and soaring energy prices remain a concern, and conditions are expected to remain uncertain. We will continue working to improve earnings by increasing the added value of our products and services, optimizing selling prices and reducing costs.」
Concerns about cost increases due to the continued depreciation of the yen, inflation and soaring energy prices continue to be disclosed. - FY2024MitigatedAnnual report
「Cost of sales was ¥11,216 million, a decrease of ¥232 million from the previous consolidated fiscal year, down 2.0% year on year, and the cost-of-sales ratio declined 3.1 percentage points from 74.7% in the previous consolidated fiscal year to 71.6% in the current consolidated fiscal year. This was mainly because price revisions progressed in the processed materials field of the Bentonite business and the fine chemicals and life sciences fields of the Clay Science business, although higher imported ore prices due to the weaker yen and soaring prices for various raw materials continued from the previous consolidated fiscal year.」
Although the weaker yen and higher raw material prices continued to push up imported ore prices and costs, progress in price revisions reduced the cost-of-sales ratio from 74.7% to 71.6%, partially mitigating the impact of higher costs on results. - FY2024-Q3RestatedAnnual report
「Cost increases due to the continued depreciation of the yen, rising inflation and persistently high energy prices remain a concern, and conditions are expected to remain uncertain,」
Concerns about cost increases due to the continued depreciation of the yen, rising inflation and persistently high energy prices continue to be disclosed. - FY2024-Q1RestatedAnnual report
「Cost increases due to the continued depreciation of the yen, rising inflation and persistently high energy prices remain a concern, and conditions are expected to remain uncertain,」
Concerns about cost increases due to the continued depreciation of the yen, rising inflation and persistently high energy prices continue to be disclosed. - FY2023WorsenedAnnual report
「In terms of profit, higher imported ore prices due to the sharp depreciation of the yen and soaring prices for various raw materials resulted in a substantial decline in full-year earnings. However, improvement was seen from the second half onward as price pass-through progressed. As a result, segment revenue was ¥11,049 million, up 2.6% year on year, and segment profit was ¥575 million, down 53.7%.」
Higher imported ore prices due to the sharp depreciation of the yen and soaring raw material prices materialized as a 53.7% full-year decline in segment profit. Improvement resulting from progress in price pass-through from the second half onward was also noted. - FY2023-Q3RestatedAnnual report
「Cost increases due to the continued depreciation of the yen, rising inflation and soaring energy prices remain a concern, and conditions are expected to remain uncertain,」
Concerns about cost increases due to the continued depreciation of the yen, rising inflation and soaring energy prices remain. - FY2023-Q2WorsenedAnnual report
「During the first 6 months of the current consolidated fiscal year, the business environment surrounding our Group showed a gradual recovery as the impact of COVID-19 eased. Industrial production showed signs of recovery, including increased automobile production as supply constraints on semiconductors and other products eased. However, conditions remained uncertain due to the sharp depreciation of the yen against the dollar, the prolonged Russian invasion of Ukraine, and the spread of globally rising inflation and interest rates originating from soaring resource and energy prices in Europe.」
While the impact of COVID-19 eased, the sharp depreciation of the yen, the prolonged invasion, soaring resource and energy prices, and the resulting spread of inflation and higher interest rates were all cited, indicating that a challenging environment involving cost increases continues. - FY2023-Q1WorsenedAnnual report
「Our Group continues to face difficult conditions, including higher costs resulting from the sharp depreciation of the yen against the dollar and soaring crude oil prices caused by Russia's invasion of Ukraine.」
A sharp depreciation of the yen, soaring crude oil prices resulting from the situation in Ukraine and higher costs occurred simultaneously, further intensifying energy and raw material price risks. - FY2022MaterialisedAnnual report
「The Castings segment recorded higher revenue, partly due to a certain recovery in domestic automobile production, but earnings declined mainly because of higher imported ore prices resulting from a sharp rise in ocean freight rates and other factors. As a result, segment revenue was ¥10,766 million, up 5.9% year on year, and segment profit was ¥1,243 million, down 31.8%.」
Soaring ocean freight rates and higher imported ore prices actually occurred and were reflected in results as a 31.8% decline in Castings segment profit. - FY2022-Q3MaterialisedAnnual report
「The Castings segment recorded a substantial increase in revenue, partly because domestic automobile production continued to recover from the previous fiscal year. However, earnings declined mainly because of higher imported ore prices resulting from a sharp rise in ocean freight rates and other factors. As a result, segment revenue was ¥8,041 million, up 7.6% year on year, and segment profit was ¥1,068 million, down 21.7%.」
Higher imported ore prices resulting from soaring ocean freight rates actually occurred and were reflected in results as a 21.7% decline in Castings segment profit. - FY2021RestatedAnnual report
「In addition to imported ore, our Group purchases various raw materials from external suppliers. Procurement prices for these raw materials could rise due to fluctuations in foreign exchange rates, crude oil prices and other factors, potentially affecting operating results and financial position.」
The risk of higher raw material procurement prices due to foreign exchange rates, crude oil prices and other factors continues to be disclosed. - FY2017WorsenedAnnual report
「In addition to imported ore, our Group purchases various raw materials from external suppliers. Procurement prices for these raw materials could rise due to fluctuations in foreign exchange rates, crude oil prices and other factors, potentially affecting operating results and financial position.」
The risk of higher procurement prices for imported ore and other raw materials, in addition to energy prices, is explicitly disclosed. - FY2017-Q1MaterialisedAnnual report
「However, higher raw material and material costs increased cost of sales, resulting in lower earnings.」
Higher raw material and material costs actually pushed up cost of sales and became a factor behind lower earnings in the bentonite business. - FY2016First statedAnnual report
「Our Group uses energy, including heavy fuel oil and electricity, primarily in its manufacturing processes. Fluctuations in energy prices could affect operating results and financial position.」
The Company recognized that electricity prices remained high during the fiscal year and operated under an energy-saving production system.