Rising Energy Prices and Manufacturing Costs Due to the Situation in Ukraine
First written in FY2022. 5 of 11 entries say "Restated". Latest entry: 2026-08-06.
Pacific Metals moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 45 of 80 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-08-06MitigatedRevision of earnings forecasts
「The situation in the Middle East remains difficult to predict, and extreme fluctuations in oil-related prices have driven up energy-related prices and affected costs. However, thorough cost management through a flexible procurement structure and other measures meant that there was no material impact on results during the first-quarter cumulative consolidated period.」
Although higher energy prices continue to affect costs, cost management through the procurement structure and other measures prevented a material impact on results for the quarter. - FY2025-H1RestatedAnnual report
「Regarding procurement, nickel ore prices, the main raw material for ferronickel products, were high against the backdrop of firm demand for nickel ore. In addition, fuel and other raw material prices were high due to elevated global resource prices, and production costs remained high.」
The company has reaffirmed that production costs remain high because nickel ore, fuel and other raw material prices remain high. - FY2024RestatedAnnual report
「The impact of surging energy prices associated with the situation in the Middle East and Ukraine may increase the manufacturing costs of the Group.」
The company has reaffirmed the possibility that rising energy prices due to developments in the Middle East and Ukraine may increase manufacturing costs. - FY2024-Q3RestatedAnnual report
「Regarding procurement, nickel ore prices, the main raw material for ferronickel products, were high against the backdrop of firm demand for nickel ore. In addition, fuel and other raw material prices were high due to elevated global resource prices, and production costs remained high.」
The company has reaffirmed that production costs are rising because nickel ore, fuel and other raw material prices remain high amid the continuing situation in Ukraine and other factors. - FY2024-Q2RestatedAnnual report
「Regarding procurement, nickel ore prices, the main raw material for ferronickel products, were high against the backdrop of firm demand for nickel ore. In addition, fuel and other raw material prices were high due to elevated global resource prices, resulting in higher production costs.」
The company has reaffirmed that production costs are rising due to high prices for nickel ore, fuels and other raw materials amid the continuing situation in Ukraine and other factors. - FY2024-Q1RestatedAnnual report
「Regarding procurement, nickel ore prices, the main raw material for ferronickel products, were high against the backdrop of the impact of Indonesia's ban on exports of unprocessed ore and firm demand for nickel ore. In addition, fuel and other raw material prices, including electricity, were high due to elevated global resource prices, resulting in higher production costs.」
The company has reaffirmed that production costs are rising due to high prices for nickel ore, fuels, raw materials and electricity amid the continuing impact of the situation in Ukraine and other factors. - FY2023WorsenedAnnual report
「Regarding procurement, nickel ore prices, the main raw material for ferronickel products, have remained high. In addition, rising global resource prices have driven up the prices of fuels and raw materials used in the manufacturing process, including electricity, expanding the increase in production costs, and a significant impact on profit and loss is expected.」
In addition to ore prices, surging fuel, raw material and electricity prices resulting from high global resource prices have expanded the increase in production costs, and a significant impact on profit and loss is expected. - FY2023-Q3WorsenedAnnual report
「Regarding procurement, nickel ore prices, the main raw material for ferronickel products, have remained high. In addition, rising global resource prices have driven up the prices of fuels and raw materials used in the manufacturing process, including electricity, expanding the increase in production costs, and a significant impact on profit and loss is expected.」
In addition to persistently high nickel ore prices, surging fuel, raw material and electricity prices have expanded the increase in production costs, and a significant impact on profit and loss is expected. - FY2023-Q2WorsenedAnnual report
「Regarding prices, nickel ore prices have remained high against the backdrop of the impact of Indonesia's ban on exports of unprocessed ore and firm demand for nickel ore. In addition, surging prices for fuels and raw materials used in the manufacturing process and higher electricity costs expanded the increase in production costs, resulting in a significant impact.」
In addition to nickel ore prices, higher fuel, raw material and electricity costs expanded the increase in production costs, and the company states that it was materially affected. - FY2023-Q1WorsenedAnnual report
「In procurement, sufficient quantities of nickel ore to meet production requirements are expected to be secured. However, nickel ore, fuel and other raw material prices have remained high, and are expected to affect production costs.」
In addition to nickel ore prices, fuel and other raw material prices have remained high, and an impact on production costs is expected. - FY2022First statedAnnual report
「The escalation of the situation in Ukraine may cause higher energy prices, which could increase the manufacturing costs of the Group.」
The company identifies rising energy prices associated with the escalation of the situation in Ukraine as a new risk that could affect manufacturing costs, financial position, operating results and cash flows.