Lower purchase prices for main raw materials and reduced energy costs
First written in FY2017-Q1. 19 of 34 entries say "Restated". Latest entry: 2026-07-30.
Nichia Steel Works moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2018: 6 of 20 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- 2026-07-30WorsenedEarnings
「On the cost side, various costs rose substantially, including labor and logistics expenses, petroleum-related products affected by the situation in the Middle East, rare-metal-related products affected by China's export restrictions, and procurement costs for auxiliary materials such as zinc, whose prices have continued to rise worldwide.」
In addition to labor and logistics expenses, the disclosure specifically cited petroleum-related products, rare-metal-related products and procurement costs for auxiliary materials such as zinc, expanding the identified drivers of higher costs. - FY2026WorsenedAnnual report
「The company is being forced to absorb substantial increases in primary and secondary raw material prices and expects further cost increases, including higher labor costs to secure personnel and improve employee engagement, as well as soaring crude oil prices against a backdrop of worsening conditions in the Middle East.」
In addition to primary and secondary raw material prices and labor costs, soaring crude oil prices against a backdrop of conditions in the Middle East were explicitly identified as a new cost increase factor, with further increases expected. - 2026-05-14WorsenedEarnings
「On the cost side, while we have been forced to contend with substantial increases in the prices of major and auxiliary raw materials, costs are expected to rise further because of higher labor expenses to secure personnel and improve employee engagement, as well as higher crude oil prices against the backdrop of the worsening situation in the Middle East.」
The disclosure stated that costs including major and auxiliary raw materials, labor expenses and crude oil prices were expected to rise further, updating the range and severity of cost pressures. - FY2026-H1WorsenedAnnual report
「Meanwhile, on the cost side, labor costs increased, along with transportation, secondary raw material and energy costs.」
In addition to the continuing increases in labor, transportation and energy costs, higher secondary raw material costs were also explicitly identified, indicating that cost pressures are continuing. - FY2025WorsenedAnnual report
「Meanwhile, on the cost side, in addition to higher labor costs to secure personnel and improve employee engagement, the company expects further increases in transportation costs attributable to the 2024 problem and energy costs following the end of government cost-relief measures.」
In addition to the previous increases in primary and secondary raw material, transportation and energy costs, the company expects higher labor costs associated with securing personnel and improving employee engagement, as well as higher energy costs following the end of government support. - FY2025-H1WorsenedAnnual report
「Meanwhile, on the cost side, transportation and energy costs, as well as labor costs, increased in addition to primary and secondary raw material prices.」
In addition to the continuing increases in primary and secondary raw material and energy prices, higher transportation and labor costs were also explicitly identified, broadening the range of cost increases. - FY2024WorsenedAnnual report
「Meanwhile, on the cost side, the company expects to face substantial price increase demands for wire rod from its primary raw material suppliers following the rise in steelmaking raw material market prices, as well as higher transportation costs attributable to the 2024 problem and higher energy costs following the end of government cost-relief measures.」
In addition to the previously elevated raw material and energy prices, the outlook explicitly identifies substantial price increase demands for wire rod, higher transportation costs and higher energy costs following the end of government support. - FY2024-Q3WorsenedAnnual report
「Meanwhile, prices for primary and secondary raw materials and energy, which had risen substantially through FY2022, remain elevated. Conditions on the cost side have become even more challenging, including measures to address the 2024 logistics problem.」
In addition to elevated primary and secondary raw material and energy prices, measures to address the 2024 logistics problem are explicitly identified as a cost factor, and the company explains that conditions on the cost side have become even more challenging. - FY2024-Q2RestatedAnnual report
「Meanwhile, prices for primary and secondary raw materials and energy, which had risen substantially through FY2022, remain elevated, making conditions on the cost side even more challenging.」
Elevated primary and secondary raw material and energy prices, and challenging cost conditions, remain evident as in the previous quarter. - FY2024-Q1WorsenedAnnual report
「Meanwhile, prices for primary and secondary raw materials and energy, which had risen substantially through FY2022, remain elevated, making conditions on the cost side even more challenging.」
The company explains that, in addition to the increases in primary and secondary raw material and energy prices through the previous fiscal year, prices remain elevated and conditions on the cost side have become even more challenging. - FY2023-Q3RestatedAnnual report
「On the cost side, prices for primary and secondary raw materials and energy rose substantially, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
The continued need to pass through substantial increases in primary and secondary raw material and energy prices, and the resulting higher procurement costs, into product prices remains evident. - FY2023-Q2RestatedAnnual report
「On the cost side, prices for primary and secondary raw materials and energy rose substantially against a backdrop of soaring steelmaking raw material, nonferrous metal and crude oil market prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
The continued recognition that soaring steelmaking raw material, nonferrous metal, crude oil and energy prices must be reflected in product prices through the pass-through of higher procurement costs remains evident. - FY2023-Q1RestatedAnnual report
「On the cost side, prices for primary and secondary raw materials and energy rose substantially against a backdrop of soaring steelmaking raw material, nonferrous metal and crude oil market prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
The continued recognition that soaring steelmaking raw material, nonferrous metal, crude oil and energy prices must be reflected in product prices through the pass-through of higher procurement costs remains evident. - FY2022WorsenedAnnual report
「On the cost side, prices for primary and secondary raw materials and energy rose substantially against a backdrop of soaring steelmaking raw material, nonferrous metal and crude oil market prices, making the appropriate pass-through of these higher procurement costs into selling prices essential to securing earnings.」
The adverse factors have expanded from higher primary and secondary raw material and energy costs to substantial increases in procurement costs against a backdrop of soaring steelmaking raw material, nonferrous metal and crude oil market prices, strengthening the need for price pass-through. - FY2022-Q3RestatedAnnual report
「The company is also facing substantial increases in primary and secondary raw material and energy costs against a backdrop of rising steelmaking raw material, nonferrous metal and energy market prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising steelmaking raw material, nonferrous metal and energy market prices, and the continued need to pass these costs through to product prices, remain evident. - FY2022-Q1RestatedAnnual report
「Meanwhile, against a backdrop including expanding steel production in China, the company is facing sharp and substantial increases in primary and secondary raw material prices and energy costs, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
The continued recognition that the sharp and substantial increases in primary and secondary raw material and energy costs must be passed through appropriately into product prices remains evident. - FY2021WorsenedAnnual report
「On the cost side, steelmaking raw materials such as iron ore and scrap rose sharply against a backdrop of expanding steel production in China, forcing a substantial increase in wire rod prices. It is essential to pass these higher procurement costs, including secondary raw material, energy-related and transportation costs, through to product prices appropriately.」
The factors driving higher procurement costs have expanded from the previous focus on primary raw material prices to include iron ore, scrap, wire rod, secondary raw materials, energy and transportation costs, with the need for price pass-through emphasized. - FY2021-Q2ReframedAnnual report
「In addition to reducing primary and secondary raw material and energy costs, the company actively pursued reductions in fixed costs such as labor, overhead and repairs.」
Cost measures have expanded beyond reducing primary and secondary raw material and energy costs to include reductions in fixed costs such as labor, overhead and repairs. - FY2021-Q1ReframedAnnual report
「The company pursued measures to improve average selling prices, including a better product mix, and to reduce various costs, including secondary raw materials, energy and overhead expenses.」
The focus has shifted from previous references to higher primary raw material prices and their pass-through into product prices to pursuing measures to reduce various costs, including secondary raw materials, energy and overhead expenses. - FY2020RestatedAnnual report
「In addition to the decline in volumes, the market environment became increasingly challenging each period, with primary raw material prices continuing to rise on the cost side.」
Cost-push pressure from higher primary raw material prices, and the continued need to pass these costs through to selling prices and reduce costs, remain evident. - FY2020-Q3RestatedAnnual report
「The company continues to face cost-push pressure, including higher primary raw material prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising primary raw material prices and the continued need for their appropriate pass-through into product prices remain evident. - FY2020-Q2RestatedAnnual report
「The company continues to face cost-push pressure, including higher primary raw material prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising primary raw material prices, and the continued need for their appropriate pass-through into product prices, remain identified as management issues. - FY2020-Q1RestatedAnnual report
「The company is also facing substantial cost-push pressure, including higher primary raw material prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising primary raw material prices, and the continued need for their appropriate pass-through into product prices, remain identified as management issues. - FY2019RestatedAnnual report
「The company is facing substantial cost-push pressure, including higher primary raw material prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising primary raw material prices and the need to pass these costs through to product prices remain identified as management issues for the fiscal year as well. - FY2019-Q3RestatedAnnual report
「The company is also facing substantial cost-push pressure, including higher primary raw material prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising primary raw material prices, and the continued need for their appropriate pass-through into product prices, remain identified as management issues. - FY2019-Q2RestatedAnnual report
「The company is also facing substantial cost-push pressure, including higher primary and secondary raw material prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising primary and secondary raw material prices, and the need to pass these costs through to product prices, remain identified as management issues. - FY2019-Q1RestatedAnnual report
「The company is also facing substantial cost-push pressure, including higher primary and secondary raw material prices, making the appropriate pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising primary and secondary raw material prices, and the need to pass these costs through to product prices, remain identified as management issues. - FY2018RestatedAnnual report
「The company has also been facing substantial cost-push pressure since the beginning of last year, including soaring wire rod prices, a sharp rise in zinc prices and higher energy costs following a reversal in crude oil prices, making the appropriate pass-through into product prices an ongoing key management issue.」
Higher wire rod, zinc and energy costs, and the continued need for their appropriate pass-through into product prices, are identified as management issues. - FY2018-Q3RestatedAnnual report
「The company is also facing sharp and substantial cost-push pressure, including soaring wire rod prices and higher zinc prices, making the appropriate and timely pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising wire rod and zinc prices, and the continued need for their appropriate and timely pass-through into product prices, remain evident. - FY2018-Q2RestatedAnnual report
「The company is also facing sharp and substantial cost-push pressure, including soaring wire rod prices and higher zinc prices, making the appropriate and timely pass-through of these higher procurement costs into product prices essential to securing earnings.」
Higher procurement costs due to rising wire rod and zinc prices, and the continued need for their appropriate and timely pass-through into product prices, remain evident. - FY2018-Q1ReframedAnnual report
「The company is also facing sharp and substantial cost-push pressure, including soaring wire rod prices and higher zinc prices, making the appropriate and timely pass-through of these higher procurement costs into product prices essential to securing earnings.」
The discussion has shifted from the previous favorable factors of lower purchase prices for primary raw materials and reduced energy costs to higher procurement costs due to rising wire rod and zinc prices, and the need to pass these costs through to product prices. - FY2017-Q3RestatedAnnual report
「Although depreciation increased due to capital investment through the previous fiscal year, favorable factors such as lower purchase prices for primary raw materials, reduced energy costs and the benefits of higher production,」
Lower purchase prices for primary raw materials, reduced energy costs and the benefits of higher production continue to be cited as favorable factors improving profitability. - FY2017-Q2RestatedAnnual report
「Although depreciation increased due to capital investment through the previous fiscal year, favorable factors such as lower purchase prices for primary raw materials, reduced energy costs and the benefits of higher production contributed to profitability,」
Lower purchase prices for primary raw materials and reduced energy costs continue to be cited as favorable factors improving profitability, while the benefits of higher production were also mentioned this time. - FY2017-Q1First statedAnnual report
「Due to favorable factors such as lower purchase prices for primary raw materials and reduced energy costs,」
Lower raw material and energy costs are cited as favorable factors improving profitability.