Lower selling prices due to a deterioration in product mix
First written in FY2017-Q1. 17 of 27 entries say "Restated". Latest entry: FY2026.
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- FY2026ReframedAnnual report
「Fastener and wire products generated revenue of ¥6,673 million, down ¥488 million (6.8%) from the previous fiscal year, due to lower sales volumes and selling prices.」
The explanation has shifted from price improvement through a better product mix and price pass-through to selling price declines for fastener and wire products becoming an actual factor behind the revenue decrease. - 2026-05-14WorsenedEarnings
「Revenue from wire rod products for rivets and bolts declined by ¥488 million, or 6.8%, year on year to ¥6,673 million, due to lower sales volume and selling prices.」
The decline in selling prices was specifically identified as a factor behind lower revenue from wire rod products for rivets and bolts. - FY2024-Q1RestatedAnnual report
「Net sales increased ¥198 million, or 10.1%, year on year to ¥2,158 million due to improved selling prices reflecting higher costs for major and auxiliary raw materials, energy and other items.」
The explanation continues to be that revenue will be secured through higher selling prices reflecting increases in primary and secondary raw material and energy costs, rather than through lower selling prices caused by a deterioration in the product mix. - FY2023-Q3RestatedAnnual report
「Net sales for the nine-month period ended the third quarter increased ¥2,300 million, or 10.0%, year on year to ¥25,367 million due to improved selling prices and higher sales volumes of bolt and screw wire products, among other factors.」
The explanation that higher revenue is being secured through improved selling prices and higher volumes of bolt and screw wire products, rather than an adverse product mix, has continued. - FY2023-Q2RestatedAnnual report
「Net sales increased ¥1,303 million, or 8.8%, year on year to ¥16,069 million due to improved selling prices and higher sales volumes of bolt and screw wire products, among other factors.」
The explanation that higher revenue is being secured through improved selling prices reflecting higher raw material and energy costs, rather than through the previous improvement in the product and customer mix, has continued. - FY2023-Q1ReframedAnnual report
「Although sales volumes of ordinary wire products and special wire products declined, net sales for the three-month period ended the first quarter increased ¥755 million, or 10.7%, year on year to ¥7,804 million due to progress in improving selling prices.」
The explanation of price improvements has shifted from improved average selling prices resulting from a favorable product and customer mix to improved selling prices through passing higher major and auxiliary raw material and energy costs through to prices. - FY2022-Q3RestatedAnnual report
「Net sales increased ¥376 million, or 5.9%, year on year to ¥6,735 million due to improved selling prices reflecting higher costs for major and auxiliary raw materials, energy and other items.」
Rather than lower selling prices due to an adverse product mix, improved selling prices reflecting higher costs for major and auxiliary raw materials and energy continued to be identified as a factor behind higher revenue. - FY2022-Q2MitigatedAnnual report
「Net sales increased ¥296 million, or 7.6%, year on year to ¥4,194 million due to improved selling prices reflecting higher prices for major and auxiliary raw materials and other factors, as well as higher sales volumes.」
In addition to improved selling prices reflecting higher prices for major and auxiliary raw materials, sales volumes, which had declined in the previous quarter, increased, resulting in higher revenue from ordinary wire products. - FY2022-Q1ReframedAnnual report
「Although selling prices improved to reflect higher prices for major and auxiliary raw materials and other factors, net sales decreased ¥2 million, or 0.1%, year on year to ¥1,918 million because sales volumes for fencing-related products and other items declined.」
Improvements in average selling prices and selling prices have continued, but this time they were explained as price improvements reflecting higher prices for major and auxiliary raw materials, rather than a favorable product mix. - FY2021RestatedAnnual report
「Although the average selling price improved due to a favorable product and customer mix and other factors, net sales decreased ¥1,128 million, or 11.3%, from the previous fiscal year to ¥8,872 million because sales volumes for construction-related products and other items declined.」
Improved average selling prices due to a better product and customer mix have continued, but annual revenue declined because sales volumes decreased. - FY2021-Q2RestatedAnnual report
「Although the average selling price increased due to an improved product and customer mix and the effect of price increases implemented from the previous fiscal year, net sales decreased ¥792 million, or 16.9%, year on year to ¥3,898 million because sales volumes for construction-related products and other items declined.」
Improved average selling prices resulting from an improved product and customer mix and the effect of price increases continued to be cited. However, revenue declined due to lower volumes. - FY2021-Q1RestatedAnnual report
「Although the average selling price improved due to a favorable product mix and other factors, net sales decreased ¥328 million, or 14.6%, year on year to ¥1,920 million because sales volumes for construction-related products and other items declined.」
Although a favorable product mix and an improved average selling price continued to be cited, revenue from ordinary wire products declined due to lower volumes. - FY2020RestatedAnnual report
「During the consolidated fiscal year, the company promoted improved selling prices, including through a favorable change in the product mix.」
Improved selling prices, including a favorable product mix, continued to be cited as a factor behind earnings improvement. - FY2020-Q3RestatedAnnual report
「Net sales increased slightly by ¥182 million, or 0.8%, year on year to ¥23,411 million due to improved selling prices, including a favorable change in the product mix.」
Improved selling prices, including a favorable product mix, continued to be identified as a factor behind higher revenue, while lower selling prices due to an adverse product mix did not emerge as a factor behind the current decline in revenue. - FY2020-Q2RestatedAnnual report
「Net sales increased ¥896 million, or 6.2%, year on year to ¥15,374 million due to improved selling prices, including a favorable change in the product mix, and higher sales volumes.」
Improved selling prices, including a favorable product mix, and higher sales volumes continued to be identified as factors behind higher revenue. - FY2020-Q1RestatedAnnual report
「Net sales increased ¥304 million, or 4.2%, year on year to ¥7,523 million due to improved selling prices, including a favorable change in the product mix.」
Improved selling prices, including a favorable product mix, continued to be identified as a factor behind higher revenue. - FY2019RestatedAnnual report
「Net sales increased ¥2,966 million, or 10.5%, from the previous fiscal year to ¥31,247 million due to improved selling prices, including a favorable change in the product mix, and higher sales volumes.」
Improved selling prices, including a favorable product mix, continued to be cited alongside higher sales volumes as a factor behind higher revenue. - FY2019-Q3RestatedAnnual report
「For the nine-month period ended the third quarter, net sales increased ¥2,193 million, or 10.4%, year on year to ¥23,229 million due to improved selling prices, including a favorable change in the product mix, and higher sales volumes.」
Improved selling prices, including a favorable product mix, continued to be identified alongside higher sales volumes as a factor behind higher revenue. - FY2019-Q2RestatedAnnual report
「For the six-month period ended the second quarter, net sales increased ¥1,056 million, or 7.9%, year on year to ¥14,477 million due to improved selling prices, including a favorable change in the product mix, and higher sales volumes.」
Improved selling prices, including a favorable product mix, continued to be identified alongside higher sales volumes as a factor behind higher revenue. - FY2019-Q1RestatedAnnual report
「Net sales increased ¥657 million, or 10.0%, from the previous fiscal year to ¥7,218 million due to improved selling prices, including a favorable change in the product mix, and higher sales volumes.」
Improved selling prices, including a favorable product mix, continued to be identified alongside higher sales volumes as a factor behind higher revenue. - FY2018RestatedAnnual report
「Net sales increased ¥1,947 million, or 7.4%, from the previous fiscal year to ¥28,281 million due to higher sales volumes and improved selling prices, including a favorable change in the product mix.」
Improved selling prices, including a favorable product mix, continued to be cited as a factor behind higher revenue. - FY2018-Q3RestatedAnnual report
「Net sales for the nine-month period ended the third quarter increased ¥1,586 million, or 8.2%, year on year to ¥21,036 million due to higher sales volumes and improved selling prices, including a favorable change in the product mix.」
Improved selling prices, including a favorable product mix, continued to be cited as a factor behind higher revenue, with no substantive change from the previous quarter. - FY2018-Q2MitigatedAnnual report
「Net sales increased ¥32 million, or 1.7%, year on year to ¥1,940 million due to improved selling prices, including a favorable change in the product mix.」
In contrast to the previous decline in selling prices caused by an adverse product mix, improved selling prices, including a favorable product mix, were cited as a factor behind higher revenue from bolt and screw wire products. - FY2018-Q1MitigatedAnnual report
「Net sales for the three-month period ended the first quarter increased ¥690 million, or 11.8%, year on year to ¥6,560 million due to higher sales volumes and improved selling prices, including a favorable change in the product mix.」
The adverse product mix, previously cited as a factor behind revenue declines, was this time described as a favorable product mix and an improvement in selling prices contributing to higher revenue. - FY2017-Q3MaterialisedAnnual report
「Although sales volumes increased, mainly in the civil engineering sector, net sales decreased ¥254 million, or 3.8%, year on year to ¥6,379 million due to lower orders for wildlife protection fences accompanying cuts in public-sector budgets, as well as an adverse product mix.」
The adverse product mix, which had not been mentioned previously, was cited again and in fact emerged as a factor behind the decline in revenue from ordinary wire products despite higher sales volumes. - FY2017-Q2DroppedAnnual reportThe second-quarter earnings explanation did not mention an adverse product mix or lower selling prices.
- FY2017-Q1First statedAnnual report
「Although sales volumes were at the same level as in the same period of the previous year, net sales for the three-month period ended the first quarter decreased ¥232 million, or 3.8%, to ¥5,869 million due to lower selling prices resulting from an adverse product mix.」
The decline in revenue is attributed to an adverse product mix and lower selling prices, rather than to volumes.