Raw material price increases and foreign exchange effects in the Automotive Components business
First written in FY2017. 5 of 10 entries say "Materialised", first in FY2019. Latest entry: FY2025.
Nichias moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2021: 36 of 69 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「In addition to the increase in revenue, the moderation in raw material price increases resulted in segment profit of ¥4,540 million, up 20.4% from the previous consolidated fiscal year.」
In the Automotive Components business, the easing impact of rising raw material prices continued to drive higher profit, with segment profit up 20.4% year on year. - FY2025-H1MitigatedAnnual report
「In addition to the increase in revenue, the moderation in raw material price increases resulted in segment profit of ¥2,218 million, up 33.8% from the same interim period of the previous year.」
In the Automotive Components business, the moderation in raw material price increases was identified as a factor behind the increase in profit, and the impact of rising raw material prices on profit continues to weaken. - FY2024-Q3MitigatedAnnual report
「In addition to the increase in revenue, the moderation in raw material price increases resulted in segment profit of ¥3,019 million, up 81.5% from the same quarter of the previous year.」
In the Automotive Components business, the moderation in raw material price increases was identified as a factor behind the increase in profit, and the impact of rising raw material prices on profit continues to weaken. - FY2024-Q2MitigatedAnnual report
「In addition to the increase in revenue, the moderation in raw material price increases resulted in segment profit of ¥1,658 million, up 144.3% from the same quarter of the previous year.」
In the Automotive Components business, the moderation in raw material price increases was identified as a factor behind the increase in segment profit, indicating that the impact of rising raw material prices on profit had weakened. - FY2023MaterialisedAnnual report
「However, segment profit fell 38.8% from the previous consolidated fiscal year to ¥2,467 million due to the impact of higher raw material prices and other factors.」
Higher raw material prices and other factors were reflected in actual results, driving Automotive Components segment profit down 38.8% year on year. - FY2023-Q3MaterialisedAnnual report
「However, segment profit fell 48.4% from the same quarter of the previous year to ¥1,663 million due to the impact of higher raw material prices and other factors.」
Higher raw material prices and other factors were reflected in actual results, driving Automotive Components segment profit down 48.4% year on year. - FY2023-Q2MaterialisedAnnual report
「In Automotive Components, production adjustments by automakers continued due to lockdowns in China accompanying the spread of COVID-19 and supply chain disruptions. However, the yen's depreciation against foreign currencies resulted in revenue of ¥23,051 million, up 4.0% from the same quarter of the previous year. Segment profit, meanwhile, fell 70.5% to ¥679 million due to the impact of higher raw material prices and other factors.」
Higher raw material prices and other factors were reflected in actual results, driving Automotive Components segment profit down 70.5% year on year to ¥679 million. - FY2023-Q1MaterialisedAnnual report
「Cost of sales increased by ¥2,025 million, or 5.2%, from the same quarter of the previous year to ¥41,290 million due to higher raw material prices and energy costs.」
Higher raw material prices and energy costs increased cost of sales across the Group, not only in Automotive Components, as reflected in the ¥2,025 million, or 5.2%, increase. - FY2019MaterialisedAnnual report
「The cost of sales ratio deteriorated by 0.8 percentage points from the previous consolidated fiscal year to 76.5% due to higher energy costs and raw material prices.」
It states that higher raw material prices and energy costs actually worsened the cost of sales ratio by 0.8 percentage points. - FY2017First statedAnnual report
「Although rising raw material prices and foreign exchange effects are concerns for the Automotive Components segment, domestic and overseas demand is expected to remain firm.」
The outlook for the business environment in fiscal 2017 explicitly identified the effects of raw material prices and foreign exchange in the Automotive Components business as concerns for the first time.