Production and sales in line with demand and maintaining the product-to-raw-material price spread
First written in FY2016. 16 of 35 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-10-30.
Kyoei Steel moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Although the company worked to raise product prices, they fell by ¥7.6 thousand, or 7.4%, for the full fiscal year due in part to the demand environment, causing the selling and purchasing price spread, the difference between product and raw material prices, to narrow by ¥4.0 thousand, or 7.3%.」
Although the company worked to raise product prices, the selling and purchasing price spread narrowed by ¥4.0 thousand, or 7.3%, year on year due to the demand environment and raw material prices. - 2026-04-30OtherRevisions to earnings forecasts
「Although the company worked to raise product prices, they fell by ¥7.6 thousand, or 7.4%, for the full fiscal year due in part to the demand environment, causing the selling and purchasing price spread, the difference between product and raw material prices, to narrow by ¥4.0 thousand, or 7.3%.」
需要に見合った生産・販売と製品価格引き上げに取り組んだが、通期の売買価格差は前年より縮小した。 - FY2026-H1AdvancedAnnual report
「Raw material ferrous scrap prices remained weak and fell by ¥9.2 thousand per ton, or 17.8%, while the company focused on production and sales in line with demand, limiting the decline in product prices to ¥8.1 thousand, or 7.8%. As a result, the selling and purchasing price spread, the difference between product and raw material prices, widened by ¥1.0 thousand, or 2.0%.」
By focusing on production and sales in line with demand, the company kept the decline in product prices below the decline in ferrous scrap prices, widening the selling and purchasing price spread by ¥1.0 thousand, or 2.0%, year on year. - FY2025-H1Narrowing product-to-raw-material price spreadAnnual report
「The company sought to maintain product prices by focusing on production in line with demand, but they fell by ¥1.8 thousand, or 1.7%. Meanwhile, ferrous scrap prices rose by ¥0.5 thousand, or 1.0%, causing the selling and purchasing price spread, the difference between product and raw material prices, to narrow by ¥2.3 thousand, or 4.2%.」
Although the company focused on production in line with demand and efforts to maintain product prices, product prices fell while ferrous scrap prices rose, narrowing the selling and purchasing price spread by ¥2.3 thousand, or 4.2%, year on year. - FY2024-Q3AdvancedAnnual report
「Ferrous scrap prices fell by ¥2.9 thousand, or 5.3%, year on year as global demand for steel products slowed amid the downturn in China's property market and other factors. Meanwhile, product prices rose by ¥4.9 thousand, or 4.8%, as the company worked to raise them against a backdrop of higher manufacturing and freight costs, widening the selling and purchasing price spread, the difference between product and raw material prices, by ¥7.7 thousand, or 16.5%.」
As ferrous scrap prices fell, the company worked to raise product prices against a backdrop of higher manufacturing and freight costs, widening the selling and purchasing price spread by ¥7.7 thousand, or 16.5%. - FY2024-Q2AdvancedAnnual report
「Ferrous scrap prices remained weak from April onward and fell by ¥5.2 thousand, or 9.3%, year on year, but product prices rose by ¥6.5 thousand, or 6.5%, as the company worked to raise and maintain them. As a result, the selling and purchasing price spread, the difference between product and raw material prices, widened by ¥11.8 thousand, or 27.0%.」
As ferrous scrap prices fell, raising and maintaining product prices widened the selling and purchasing price spread by ¥11.8 thousand, or 27.0%. Concrete progress was made in securing the source of profit. - FY2024-Q1AdvancedAnnual report
「Ferrous scrap prices remained weak from April onward and fell by ¥11.0 thousand, or 17.7%, year on year, but product prices rose by ¥9.0 thousand, or 9.2%, as the company worked to raise and maintain them against a backdrop of higher costs, including electricity and transportation costs. As a result, the selling and purchasing price spread widened by ¥20.0 thousand, or 56.3%.」
As a result of efforts to raise and maintain product prices, the selling and purchasing price spread widened by ¥20.0 thousand, or 56.3%, as ferrous scrap prices fell. Concrete progress was made in price management aligned with demand and in securing the source of profit. - FY2023AdvancedAnnual report
「Ferrous scrap prices rose by ¥1.3 thousand per ton, or 2.4%, from the previous fiscal year, but product prices rose by ¥19.3 thousand, or 23.4%, as price increases took hold, causing the selling and purchasing price spread, the difference between product and raw material prices, to widen by ¥18.0 thousand, or 60.3%.」
As product price increases took hold, the selling and purchasing price spread widened by ¥18.0 thousand, or 60.3%, despite rising ferrous scrap prices, marking progress in efforts to secure profit on a full-year basis. - FY2023-Q3AdvancedAnnual report
「In this business segment, product shipments declined by 63,000 tonnes year on year to 1.133 million tonnes. Although iron scrap prices rose by ¥3,200 per tonne, or 6.2%, year on year, product price increases took hold and product prices rose by ¥20,700, or 25.8%, resulting in a ¥17,600, or 60.2%, expansion in the selling-purchase price spread. As a result, revenue increased by ¥16,595 million, or 17.4%, year on year to ¥111,898 million, and operating profit increased by ¥7,357 million, or 335.5%, to ¥9,550 million.」
The impact of product price increases outpaced the rise in ferrous scrap prices, widening the selling and purchasing price spread by ¥17.6 thousand, or 60.2%. Concrete progress was made in efforts to maintain and expand the selling and purchasing price spread in the domestic steel business. - FY2023-Q2AdvancedAnnual report
「Ferrous scrap prices rose by ¥7.3 thousand, or 14.8%, year on year, but product prices rose by ¥22.4 thousand, or 28.9%, as price increases took hold, causing the selling and purchasing price spread to widen by ¥15.2 thousand, or 53.2%.」
Despite the rise in ferrous scrap prices, the impact of product price increases was greater, widening the selling and purchasing price spread, the source of profit in the domestic steel business, by ¥15.2 thousand, or 53.2%. - FY2023-Q1AdvancedAnnual report
「Ferrous scrap prices rose by ¥15.1 thousand, or 31.9%, year on year, but product prices rose by ¥23.8 thousand, or 32.2%, as price increases took hold, causing the selling and purchasing price spread to widen by ¥8.8 thousand, or 32.8%.」
Despite the rise in ferrous scrap prices, the impact of product price increases was greater, widening the selling and purchasing price spread, the source of profit in the domestic steel business, by ¥8.8 thousand, or 32.8%. - FY2022WorsenedAnnual report
「Ferrous scrap prices rose by ¥23.0 thousand, or 77.2%, from the previous fiscal year, but product price increases were limited to ¥18.2 thousand, or 28.3%, causing the selling and purchasing price spread to narrow by ¥4.8 thousand, or 13.7%.」
The rise in ferrous scrap prices exceeded product price increases, narrowing the selling and purchasing price spread in the domestic steel business by 13.7%. - FY2022-Q3Continued narrowing of the product-to-raw-material price spreadAnnual report
「Ferrous scrap prices surged again after the end of September, and the selling and purchasing price spread, the source of profit, narrowed year on year, resulting in continued challenging business conditions.」
The renewed surge in ferrous scrap prices narrowed the spread between product and ferrous scrap prices year on year, and conditions surrounding profit generation remained challenging. - FY2022-Q2RestatedAnnual report
「Product prices rose by ¥14.6 thousand per ton, or 23.2%, year on year, but ferrous scrap prices rose by ¥25.4 thousand, or 107.2%, causing the selling and purchasing price spread, the difference between product and raw material prices, to narrow by ¥10.8 thousand, or 27.5%.」
The rise in ferrous scrap prices exceeded the rise in product prices, and the selling and purchasing price spread, the source of profit, continued to narrow. - FY2022-Q1Narrower selling and purchasing price spread due to a surge in ferrous scrap pricesAnnual report
「Product prices rose by ¥10.4 thousand per ton, or 16.4%, year on year, but ferrous scrap prices rose by ¥25.4 thousand, or 116.7%, causing the selling and purchasing price spread to narrow by ¥15.0 thousand, or 35.9%.」
The rise in ferrous scrap prices greatly exceeded the rise in product prices, narrowing the selling and purchasing price spread, the source of profit, by ¥15.0 thousand, or 35.9%, year on year. - FY2021-Q3Narrower selling and purchasing price spread due to a surge in ferrous scrap pricesAnnual report
「Product prices fell by ¥6.0 thousand per ton, or 8.7%, year on year, while ferrous scrap prices surged in November last year and continued to accelerate thereafter. As a result, for the cumulative third quarter of the fiscal year, ferrous scrap prices fell by only ¥2.0 thousand, or 7.0%, and the selling and purchasing price spread, the source of profit, narrowed by ¥4.0 thousand, or 9.8%.」
Ferrous scrap prices surged during the third quarter, and together with the decline in product prices, this narrowed the selling and purchasing price spread by ¥4.0 thousand, or 9.8%. - FY2021-Q2Narrowing product-to-raw-material price spreadAnnual report
「Although the group worked to raise product prices in response to higher raw material prices, product prices fell by ¥7.1 thousand, or 10.1%, and the selling and purchasing price spread, the source of profit, narrowed by ¥0.7 thousand, or 1.7%.」
Although the company worked to raise product prices in response to higher raw material prices, product prices fell more sharply, narrowing the selling and purchasing price spread by ¥0.7 thousand, or 1.7%, year on year. - FY2021-Q1AdvancedAnnual report
「Although product prices fell by ¥7.1 thousand per ton, or 10.0%, year on year, ferrous scrap prices fell by ¥11.0 thousand, or 33.5%, causing the selling and purchasing price spread to widen by ¥3.9 thousand, or 10.3%.」
The decline in ferrous scrap prices exceeded the decline in product prices, widening the selling and purchasing price spread, the source of profit in the domestic steel business, by ¥3.9 thousand, or 10.3%, year on year. - FY2020-Q3AdvancedAnnual report
「Ferrous scrap prices fell by ¥7.7 thousand, or 21.3%, year on year, while product prices rose by ¥1.3 thousand, or 1.9%, causing the selling and purchasing price spread to widen by ¥9.0 thousand, or 28.0%.」
As ferrous scrap prices fell while product prices rose, the selling and purchasing price spread, the source of profit in the domestic steel business, widened by ¥9.0 thousand, or 28.0%. - FY2020-Q2AdvancedAnnual report
「Ferrous scrap prices fell by ¥5.7 thousand per ton, or 16.0%, year on year, while product prices rose by ¥2.9 thousand, or 4.4%, causing the selling and purchasing price spread to widen by ¥8.7 thousand, or 27.7%.」
As ferrous scrap prices fell while product prices rose, the selling and purchasing price spread, the source of profit in the domestic steel business, widened by ¥8.7 thousand, or 27.7%. - FY2020-Q1AdvancedAnnual report
「Ferrous scrap prices fell by ¥2.6 thousand per ton, or 7.3%, year on year, while product prices rose by ¥4.2 thousand, or 6.4%, causing the selling and purchasing price spread to widen by ¥6.8 thousand, or 21.9%.」
As ferrous scrap prices softened, product prices rose, widening the selling and purchasing price spread, the source of profit, by ¥6.8 thousand, or 21.9%. - FY2019-Q3AdvancedAnnual report
「Ferrous scrap prices rose by ¥5.5 thousand, or 18.2%, year on year, but product prices rose by ¥11.1 thousand per ton, or 19.6%, as price increases took hold, causing the selling and purchasing price spread to widen by ¥5.6 thousand, or 21.1%.」
Despite the rise in ferrous scrap prices, the impact of product price increases was greater, widening the selling and purchasing price spread, the source of profit in the domestic steel business, by ¥5.6 thousand, or 21.1%. - FY2019-Q2AdvancedAnnual report
「Ferrous scrap prices rose by ¥7.4 thousand per ton, or 26.0%, year on year, but product prices rose by ¥11.4 thousand, or 20.4%, causing the selling and purchasing price spread to widen by ¥4.0 thousand, or 14.5%.」
Despite the rise in ferrous scrap prices, product prices increased more, widening the selling and purchasing price spread, the source of profit, by ¥4.0 thousand, or 14.5%, year on year. - FY2019-Q1AdvancedAnnual report
「In this business segment, product shipments increased by 20,000 tonnes year on year to 430,000 tonnes. Although iron scrap prices rose by ¥7,800 per tonne, or 28.4%, year on year, product prices rose by ¥11,000, or 19.9%, resulting in a ¥3,200, or 11.5%, expansion in the selling-purchase price spread.」
Product price increases outpaced the rise in ferrous scrap prices, widening the selling and purchasing price spread, the source of profit in the domestic steel business, year on year. - FY2018Continued narrowing of the product-to-raw-material price spreadAnnual report
「As a result of raising product prices, product prices rose by ¥8.0 thousand per ton from the previous fiscal year, but ferrous scrap prices rose by ¥8.8 thousand, causing the selling and purchasing price spread to narrow by ¥0.8 thousand.」
Although the company continued raising product prices, the increase in ferrous scrap prices was greater, and the selling and purchasing price spread continued to narrow. - FY2018-Q3Continued narrowing of the product-to-raw-material price spreadAnnual report
「As a result of raising product prices, product prices rose by ¥7.2 thousand per ton, or 14.5%, year on year, but ferrous scrap prices rose by ¥8.7 thousand, or 39.9%, causing the selling and purchasing price spread to narrow by ¥1.5 thousand, or 5.3%.」
In Japan, the company continued raising product prices, but the larger increase in ferrous scrap prices led to a continued narrowing of the selling and purchasing price spread, the source of profit. - FY2018-Q2Narrower selling and purchasing price spreads in Japan and VietnamAnnual report
「In addition, ferrous scrap prices, the raw material, surged from July onward under the influence of demand for Chinese steel products, causing the selling and purchasing price spread, which is the source of profit, to narrow. In the overseas steel business, the spread narrowed significantly in Vietnam because prices for semi-finished products, the raw material, remained at elevated levels.」
The selling and purchasing price spread narrowed as ferrous scrap prices surged in Japan and semi-finished product prices remained high in Vietnam. - FY2018-Q1AdvancedAnnual report
「The price of iron scrap, the raw material, rose at the beginning of the period before turning lower, creating expectations of lower product prices. The Group therefore worked to maintain and raise product prices. Iron scrap prices rose by ¥5.7 thousand per tonne, or 26.0%, year on year, while product prices rose by ¥6.6 thousand, or 13.6%. As a result, the product-to-raw-material price spread, defined as the difference between product and raw material prices and a source of profits, widened by ¥0.9 thousand, or 3.5%.」
Amid fluctuations in ferrous scrap prices, the company worked to maintain and raise product prices, and the spread between selling and purchasing prices widened by ¥0.9 thousand, or 3.5%, year on year. - FY2017-Q3Continued narrowing of the product-to-raw-material price spread; sharp rise in iron scrap pricesAnnual report
「The price of iron scrap, the raw material, rose sharply from mid-October and remained at a high level. In response, the Group sought to raise product prices, but the product-to-raw-material price spread, defined as the difference between product prices and raw material prices, narrowed in the third quarter because it takes a certain amount of time for prices at the time of contracting to be reflected in shipping prices. Product prices declined by ¥7.8 thousand per tonne year on year, while iron scrap prices declined by only ¥0.4 thousand per tonne. As a result, the product-to-raw-material price spread, the source of profits, narrowed by ¥7.4 thousand per tonne year on year.」
Although the Group sought to raise product prices, there was a time lag before contract prices were reflected, and the product-to-raw-material price spread continued to narrow due to the sharp rise and sustained high level of iron scrap prices and the decline in product prices. - FY2017-Q2Continued narrowing of the product-to-raw-material price spreadAnnual report
「The Group continued efforts to reduce manufacturing costs, focused on production and sales in line with demand, and worked to maintain an appropriate product-to-raw-material price spread, defined as the difference between product prices and raw material prices. Product prices declined by ¥9.9 thousand per tonne year on year, while the price of iron scrap, the raw material, declined by only ¥3.7 thousand. As a result, the product-to-raw-material price spread, the source of profits, narrowed by ¥6.1 thousand.」
Although cost-reduction efforts and measures to respond to demand continued, the decline in product prices exceeded the decline in iron scrap prices, and the product-to-raw-material price spread continued to narrow. - FY2017-Q1Narrowing product-to-raw-material price spreadAnnual report
「The Group continued efforts to reduce manufacturing costs, focused on production and sales in line with demand, and worked to maintain product prices. The price of iron scrap, the raw material, declined by ¥3.9 thousand per tonne, or 15.3%, year on year, but product prices declined by a further ¥11.4 thousand, or 19.0%. As a result, the product-to-raw-material price spread, the source of profits, narrowed by ¥7.5 thousand, or 21.8%.」
Although cost-reduction efforts and measures to respond to demand continued, the decline in product prices exceeded the decline in iron scrap prices, narrowing the product-to-raw-material price spread, a source of profits. - FY2016First statedAnnual report
「The Group continued efforts to reduce manufacturing costs, focused on production and sales in line with demand, and worked to maintain an appropriate product-to-raw-material price spread, defined as the difference between product prices and raw material prices.」
The Group uses manufacturing cost reductions, adjustments to production and sales volumes, and maintenance of the spread between product prices and scrap prices as means of securing profits.