Timely Securing of an Appropriate Product-to-Scrap Price Spread
First written in FY2016. 9 of 20 entries say "Restated". Latest entry: 2026-07-30.
Osaka Steel moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Restated".
- 2026-07-30RestatedRevisions to earnings forecasts
「Sales-price revisions are being pursued, but margins temporarily contracted.」
The Company reiterates its policy of revising sales prices in response to higher raw-material and fuel costs to secure appropriate margins. At the same time, margins temporarily contracted during the revision process. - FY2026RestatedAnnual report
「Under these conditions, while obtaining customers' understanding, we made securing appropriate margins our top priority and pursued thorough cost improvements through our own efforts and initiatives to expand sales, but」
The policy of making the securing of appropriate margins the top priority while pursuing cost improvements and sales expansion in parallel continues. - 2026-05-12RestatedEarnings presentation
「Against this backdrop, we continue to make securing appropriate margins our top priority.」
Securing appropriate margins remains the top priority. - FY2025Margin improvement made a top priorityAnnual report
「Under these conditions, while obtaining customers' understanding, we worked to maintain selling prices, made improving appropriate margins our top priority, and pursued thorough cost improvements through our own efforts.」
Maintaining selling prices and improving appropriate margins have been made the top priorities, alongside cost improvements. - FY2025-H1RestatedAnnual report
「Under these conditions, we thoroughly managed margins in response to fluctuations in raw material and fuel prices, made securing appropriate selling prices our top priority, and pursued thorough company-wide cost improvements.」
The policy of making margin management in response to fluctuations in raw material and fuel prices and securing appropriate selling prices the top priority continues. - FY2024-Q3RestatedAnnual report
「Under these conditions, we sought to strengthen management by thoroughly managing costs and margins, including the market prices of key raw materials, fuel and other materials, and made securing appropriate selling prices our top priority.」
The policy of thoroughly managing costs and margins, including key raw materials, fuel and other materials, and making the securing of appropriate selling prices the top priority continues. - FY2024-Q2Cost and margin management made a top priorityAnnual report
「Under these conditions, we sought to strengthen management by thoroughly managing costs and margins, including the market prices of key raw materials, fuel and other materials, and made securing appropriate selling prices our top priority.」
In addition to securing margins through the previous approach of improving selling prices, the company is thoroughly managing costs and margins, including key raw materials, fuel and other materials, and has made securing appropriate selling prices its top priority. - FY2024-Q1RestatedAnnual report
「Under these conditions, we worked to maintain and improve selling prices and promoted initiatives under the Osaka Steel Group Medium-Term Management Plan. As a result, revenue and earnings increased from the same period of the previous year.」
The previous policy of working to maintain and improve selling prices continues. No specific level of achievement for the price spread or margin is disclosed. - FY2023-Q3RestatedAnnual report
「Against this operating backdrop, while seeking customers’ understanding, the company worked to improve selling prices and promote thorough cost reductions.」
The previous policy of improving selling prices and pursuing cost reductions while obtaining customers' understanding continues. - FY2023-Q2MitigatedAnnual report
「While obtaining customers' understanding, we proceeded with revisions to selling prices to levels that would enable sustainable production. In the second half of the period, scrap prices temporarily declined, allowing us to secure a certain level of margin.」
The disclosure states that selling-price revisions were pursued and that a certain level of margin was secured partly because scrap prices declined in the second half of the period. - FY2023-Q1RestatedAnnual report
「Against this backdrop, while seeking customers’ understanding, the company worked to improve selling prices and promote thorough cost reductions.」
Amid higher manufacturing costs caused by rising resource and energy prices, the company continues its previous policy of improving selling prices while obtaining customers' understanding and securing an appropriate price spread and margin. - FY2022-Q3RestatedAnnual report
「Under these conditions, while obtaining our customers' understanding, we worked to improve selling prices and promoted key initiatives based on the Osaka Steel Group Medium-Term Management Plan announced in April last year.」
The policy of working to improve selling prices while obtaining customers' understanding continues. - FY2022-Q1Earnings improved through efforts to improve selling pricesAnnual report
「Even under these conditions, we worked to improve selling prices with the understanding of our customers, pursued thorough cost reductions and growth strategies, and benefited from inventory valuation gains and favorable exchange-rate movements. As a result, earnings improved from the same period of the previous year.」
Despite higher costs caused by a sharp rise in raw material prices, earnings improved year on year through selling-price improvements, cost reductions, growth strategies, inventory valuation gains and favorable exchange-rate movements. - FY2021WorsenedAnnual report
「In the electric-arc-furnace ordinary steel industry in which the Group operates, steel demand also fell sharply, while prices for iron scrap, the main raw material, rose throughout the year. In addition, sharp fluctuations from the end of 2020 caused further volatility, resulting in a significant deterioration in the business environment.」
A sharp decline in demand, rising iron scrap prices throughout the year and sharp fluctuations at the end of the year coexisted, further worsening the environment for maintaining the price spread and margins. - FY2021-Q2WorsenedAnnual report
「In the ordinary steel electric arc furnace industry to which our Group belongs, demand for construction and civil engineering steel, the main source of demand, remained weak because of the spread of COVID-19. In addition, lower steel selling prices and higher iron scrap prices, the main raw material, caused the business environment to deteriorate significantly.」
Selling prices fell while iron scrap prices rose, and the environment for maintaining the spread between product prices and the prices of key raw materials deteriorated. - FY2021-Q1WorsenedAnnual report
「In addition to sluggish demand for steel products for construction, a major end market, and lower selling prices, the business environment deteriorated significantly due to sharp fluctuations in the price of iron scrap, the main raw material, and rapid exchange-rate movements in Indonesia, where the overseas subsidiary is located.」
Lower selling prices and sharp fluctuations in scrap prices, both of which affect the ability to maintain an appropriate product-to-scrap price spread, coexisted, and the business environment deteriorated significantly. - FY2020Maintaining an appropriate margin coexists with lower selling pricesAnnual report
「Regarding consolidated results for the period, although factors such as softer scrap prices supported earnings growth, factors including lower selling prices and reduced production and shipment volumes weighed on earnings,」
The disclosure states that appropriate margins were secured as a result of softer prices for key raw materials, while lower selling prices and reduced production and shipment volumes were factors behind the decline in earnings. - FY2019Selling-price improvements partially absorbed cost increasesAnnual report
「Regarding consolidated results for the current fiscal year, although higher scrap, energy and material prices and other factors had a negative impact on earnings, factors supporting higher earnings included improved selling prices and increased production and shipment volumes,」
While margin pressure from higher raw material, energy and material prices continued, the company identified improved selling prices and increased production and shipment volumes as factors supporting higher earnings. - FY2018-Q2WorsenedAnnual report
「Although we worked to improve selling prices with the understanding of our customers, margins narrowed, and the operating environment remained challenging.」
Against the former policy of securing the margin, defined as the difference between product prices and scrap prices, the company disclosed that margins narrowed despite efforts to improve selling prices. - FY2016First statedAnnual report
「Accordingly, it is important to further strengthen our competitiveness and secure an appropriate margin (product price minus steel scrap price) in a timely manner.」
The margin is defined as the difference between the product price and the steel scrap price, and securing an appropriate level is a key priority.