Resource and Raw Material Price Volatility Risk
First written in FY2017-Q1. 14 of 32 entries say "Restated". Latest entry: 2026-10-29.
Daido Steel moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 42 of 61 companies on the "Worse" side.
16 other companies' latest entry also says "Worsened".
- FY2026-H1ReframedAnnual report
「The price of scrap steel, a key raw material, remained high. Nickel prices were occasionally weak but generally remained stable. Crude oil and LNG market prices fluctuated under the impact of geopolitical risks, including slower demand in China and elsewhere and supply concerns arising from heightened tensions in the Middle East.」
The disclosure has been updated to reflect product-specific trends: scrap steel prices remain high, nickel is generally stable, and crude oil and LNG are affected by slower Chinese demand and supply concerns related to the situation in the Middle East. - FY2025-H1ReframedAnnual report
「Although the price of scrap steel, a key raw material, remained high, it weakened from the second quarter onward. Nickel prices rose temporarily due to supply concerns but subsequently remained weak. Crude oil and LNG market prices continued at high levels, keeping energy costs including electricity high.」
The disclosure summarizes divergent trends by product: scrap steel and nickel remain high or have weakened after a temporary rise, while crude oil, LNG and energy costs including electricity remain high. - FY2024RestatedAnnual report
「The price of scrap steel, a key raw material, remained weak due to international market conditions but continued to be at a high level. Nickel prices also remained weak due to declining global demand. Energy costs, including electricity, remained high amid surging crude oil and LNG market prices.」
The disclosure reaffirms the price trends for scrap steel, nickel, crude oil, LNG and electricity, as well as the persistently high level of energy costs. - FY2024-Q3ReframedAnnual report
「The price of scrap steel, a key raw material, remained weak due to international market conditions but continued to be at a high level. Nickel prices also remained weak due to declining global demand. Energy costs, including electricity, remained high amid surging crude oil and LNG market prices.」
The disclosure summarizes divergent trends across raw materials and energy: scrap steel remains at a high level despite weakness, nickel is weak due to declining global demand, and energy costs including electricity remain high. - FY2024-Q2RestatedAnnual report
「The price of scrap steel, a key raw material, remained weak due to international market conditions but continued to be at a high level. Prices for various alloys such as nickel remained below the previous year's level, partly because they had surged in the previous period amid concerns over supply constraints arising from the situation in Ukraine. Energy costs, including electricity, remained high as crude oil and LNG market prices surged.」
High raw material and energy costs continue, although trends differ by product, including scrap steel, alloys, crude oil, LNG and electricity. - FY2024-Q1ReframedAnnual report
「The price of scrap steel, a key raw material, remained weak due to international market conditions but continued to be at a high level. Prices for various alloys such as nickel remained below the previous year's level, partly because they had surged in the previous period amid concerns over supply constraints arising from the situation in Ukraine. Energy costs, including electricity, remained high as crude oil and LNG market prices surged.」
The disclosure describes divergent trends by raw material: scrap steel remains at a high level despite recent weakness, alloy prices such as nickel are below the previous year's level, and energy costs including electricity remain high. - FY2023-Q3ReframedAnnual report
「The price of scrap steel, a key raw material, remained high due to international prices, while prices for various alloys such as nickel remained above the previous year's level due to supply constraints and other factors. Energy costs, including electricity, also increased as a result of surging crude oil and LNG prices.」
The disclosure attributes the persistently high scrap steel price primarily to international prices and continues to describe rising prices and costs for alloys such as nickel, crude oil, LNG and electricity. - FY2023-Q2RestatedAnnual report
「Scrap steel prices remained higher than in the same period of the previous year due to rising international prices, while prices for various alloys such as nickel also rose due to supply constraints. Energy costs, including electricity, also increased as a result of surging crude oil and LNG prices.」
The disclosure reaffirms exposure to higher prices for raw materials and energy, including scrap steel, alloys such as nickel, crude oil, LNG and electricity. - FY2023-Q1RestatedAnnual report
「Although scrap steel prices have recently softened, they remained higher than in the same period of the previous year due to rising international prices. Prices for various alloys, including nickel, also rose due to supply constraints. Energy costs also increased as a result of surging crude oil and LNG prices.」
Although scrap steel prices have recently softened, they remained higher than in the same period of the previous year, while prices for alloys such as nickel, crude oil and LNG prices, and energy costs continued to rise. The disclosure reaffirms exposure to fluctuations in raw material and energy prices. No specific figures are provided, but the price increases are described as having occurred. - FY2022WorsenedAnnual report
「Price fluctuations in scrap steel, ferroalloys, rare earths, electrodes, refractories, electricity and LNG; instability in procurement due to disruptions in the supply-demand balance; interruptions to production due to electricity usage restrictions; and surging prices and supply concerns for certain products due to the prolonged Russia-Ukraine situation.」
Electricity and LNG, among other energy sources, are explicitly identified as risk exposures in addition to raw materials, and surging prices and supply concerns arising from the Russia-Ukraine situation have also been added. Both the likelihood of occurrence and the potential impact are described as high. - FY2022-Q3WorsenedAnnual report
「Meanwhile, the price of scrap steel, a key raw material, surged year on year due to tighter domestic supply and demand and rising international prices. Prices for various alloys, including nickel, also surged due to increased global demand and supply constraints.」
In addition to scrap steel, various alloys such as nickel also surged due to increased demand and supply constraints, broadening the range of materials affected by higher raw material prices. - FY2022-Q2RestatedAnnual report
「Meanwhile, the price of scrap steel, a key raw material, surged year on year due to tighter domestic supply and demand and rising international prices.」
Scrap steel prices have continued to surge due to tighter domestic supply and demand and rising international prices. - FY2022-Q1WorsenedAnnual report
「Meanwhile, the price of scrap steel, a key raw material, surged year on year due to tighter domestic supply and demand and rising international prices.」
Scrap steel prices have continued to surge year on year due to tighter domestic supply and demand and rising international prices. Pressure from higher raw material prices has strengthened again. No specific amount is provided. This is described as the occurrence of a duplicate risk. - FY2021-Q3ReframedAnnual report
「Meanwhile, regarding raw materials and supplies, scrap steel prices surged sharply from the third quarter due to tighter domestic supply and demand and rising international prices, but remained lower than in the same period of the previous year over the cumulative period. Prices for auxiliary materials such as graphite electrodes used in the steelmaking process also declined.」
Scrap steel prices surged from the third quarter but remained lower than in the same period of the previous year over the cumulative period, while prices for auxiliary materials such as graphite electrodes declined. The assessment of raw material price risk has shifted to reflect the coexistence of a recent sharp rise and reduced cost pressure on a cumulative basis. - FY2021-Q2MitigatedAnnual report
「Regarding raw materials and supplies, scrap steel prices remained lower than in the same period of the previous year due to easing domestic supply and demand, and prices for auxiliary materials such as graphite electrodes used in the steelmaking process also declined.」
Scrap steel prices and prices for auxiliary materials such as graphite electrodes declined, weakening the cost pressure from rising raw material and auxiliary material prices that had continued through the previous period. - FY2020-Q2RestatedAnnual report
「Regarding raw materials and supplies, scrap steel prices fell sharply from the second quarter due to easing domestic supply and demand, while prices for auxiliary materials such as graphite electrodes used in the steelmaking process rose and energy costs also increased.」
While scrap steel prices declined, prices for auxiliary materials such as graphite electrodes and energy costs rose, reaffirming exposure to fluctuations in raw material and supply prices. - FY2020-Q1WorsenedAnnual report
「Scrap steel prices remained lower than in the same period of the previous year due to easing domestic supply and demand, but energy costs increased and prices for auxiliary materials such as graphite electrodes used in the steelmaking process rose, resulting in higher costs.」
While scrap steel prices declined, energy costs and prices for auxiliary materials such as graphite electrodes rose, and higher costs continued. - FY2019WorsenedAnnual report
「Prices for auxiliary materials such as graphite electrodes used in the steelmaking process surged, resulting in higher costs.」
Higher prices for auxiliary materials such as graphite electrodes continued to increase costs for the full year and became a factor behind the decline in ordinary profit. - FY2019-Q3WorsenedAnnual report
「Meanwhile, regarding raw materials and supplies, scrap steel prices remained higher than in the same period of the previous year due to strong domestic demand, but declined from November onward. In addition, prices for auxiliary materials such as graphite electrodes used in the steelmaking process surged, resulting in higher costs.」
In addition to fluctuations in scrap steel prices, prices for auxiliary materials such as graphite electrodes surged, actually affecting performance through higher costs. - FY2019-Q2WorsenedAnnual report
「Regarding raw materials and supplies, scrap steel prices remained higher than in the same period of the previous year due to strong domestic demand, while alloy prices also remained higher, supported by the strength of the global economy. In addition, prices for auxiliary materials such as graphite electrodes used in the steelmaking process surged, resulting in higher costs.」
In addition to scrap steel and alloy prices, prices for auxiliary materials such as graphite electrodes surged, increasing costs and affecting performance. - FY2019-Q1WorsenedAnnual report
「The price of scrap steel, a key raw material, rose in response to increased demand. Alloy prices also rose amid strength in the global economy. In addition, electrode prices, an auxiliary material used in steelmaking, rose sharply due to the impact of environmental regulations in China. As a result, sales of specialty steel products for the cumulative first quarter increased 17.1% year on year to ¥52,712 million, while operating profit decreased by ¥968 million year on year to ¥1,046 million, affected by higher prices for auxiliary materials and other factors.」
In addition to scrap steel and alloy prices, electrode prices also rose sharply, with higher auxiliary material prices emerging as an actual factor behind the decline in operating profit from specialty steel products. - FY2018RestatedAnnual report
「The main raw materials for the Group's products are scrap steel and alloys such as nickel. In addition, although used in small quantities, rare earths such as neodymium are used to manufacture magnets. The production process also consumes auxiliary materials such as electrodes and refractories, as well as large amounts of energy, including electricity and LNG.」
The disclosure specifies exposure to raw materials and energy, including scrap steel, nickel, rare earths, auxiliary materials, and fluctuations in the prices and supply-demand balance of electricity and LNG. - FY2018-Q3RestatedAnnual report
「Regarding raw materials, scrap steel prices rose year on year, affected by the increase in steel product prices in China and other factors.」
The disclosure states that scrap steel prices rose year on year due to the increase in steel product prices in China and other factors, reiterating exposure to raw material price fluctuations. - FY2018-Q2RestatedAnnual report
「The price of scrap steel, a key raw material, rose year on year, affected by the increase in steel product prices in China and other factors. Accordingly, selling prices also rose year on year.」
The disclosure describes increases in scrap steel prices and the resulting rise in selling prices, continuing to indicate exposure to raw material price fluctuations. - FY2018-Q1RestatedAnnual report
「The price of iron scrap, one of our main raw materials, rose from the end of the previous year and was therefore higher year on year. Selling prices also rose year on year as a result.」
The disclosure states that scrap steel prices rose, as did selling prices, continuing to indicate exposure to raw material price fluctuations. - FY2017-Q3RestatedAnnual report
「Iron scrap, one of our main raw materials, surged and then fell sharply in early spring under the influence of Chinese billet prices and subsequently remained relatively stable. It has risen since November in response to higher coking coal prices.」
The Company states that iron scrap prices surged and then fell sharply in early spring, before rising from November in response to higher coking coal prices. It continues to indicate exposure to fluctuations in raw material prices. - FY2017-Q2RestatedAnnual report
「Prices of iron scrap and nickel, the Company’s main raw materials, declined against the backdrop of the slowdown in the Chinese economy and other factors, resulting in lower selling prices year on year.」
Fluctuations in iron scrap and nickel prices, together with the resulting decline in selling prices, occurred again in the current quarter. - FY2017-Q1First statedAnnual report
「We recognize that risk factors that may affect the Group include the risk of lower demand due to foreign exchange movements, the risk of fluctuations in resource and raw material prices, and geopolitical risks.」
The Company reports that selling prices declined against the backdrop of lower iron scrap and nickel prices, indicating that price fluctuations affected operating results.