Komori
Sanyu (5697) · RiskRestatedLatest Results (2026-05-12): "Mitigated"

Sharp fluctuations in steel material prices

First written in FY2016. 15 of 27 entries say "Restated". Latest entry: 2026-05-12.

27entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2022-Q22016: 320162017: 320172018: 320182019: 320192020: 320202021: 220212022: 320222023: 220232024: 320242025: 120252026: 1
Same theme, other companies
Delayed Pass-Through of Steel and Aluminum Price Increases to Selling PricesA theme 9 companies write about · 9 as a headwind · 0 as a tailwind

Sanyu moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).

The whole theme swung hardest in 2022: 7 of 8 companies on the "Worse" side.

3 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-05-12MitigatedResults

    「損益につきましても、人財確保に向けた賃金アップ等による影響があったものの、先述の加工賃是正に加え鋼材値上げによる製品販売価格改定のフル浸透、及びエネルギー原単位の削減等により、営業利益は886百万円(同32.6%増)、経常利益は966百万円(同33.2%増)、親会社株主に帰属する当期純利益は611百万円(同35.7%増)と増益となりました。」

    鋼材値上げに伴う製品販売価格改定がフル浸透し、価格変動への対応が利益増加に結び付いたと記載された。
  2. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    It states that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  3. FY2025-H1MaterialisedAnnual report

    「Amid these conditions, our group worked to secure sales volumes, reduce costs and improve productivity across the organization, while also revising product selling prices, correcting processing charges, improving product yields and reducing energy intensity to absorb increases in steel prices, logistics costs and other costs and secure earnings.」

    The increase in steel prices is described as part of the actual operating environment, with absorbing the impact through revisions to product selling prices and corrections to processing charges identified as an ongoing challenge.
  4. FY2024RestatedAnnual report

    「Sharp fluctuations in steel raw material prices are reflected in steelmakers' product prices and have a significant impact on our group's cost of sales. If increases in steel prices cannot be fully passed on to customers, or if products and materials with high book values continue to be issued from inventory when steel prices decline, profit margins will fall in either case, potentially affecting our group's performance.」

    The risk of lower profit margins due to fluctuations in steel prices, insufficient price pass-through and the issuance of inventory with high book values has been reconfirmed.
  5. FY2024-Q3RestatedAnnual report

    「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    It states that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  6. FY2024-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It states that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  7. FY2023-Q3MaterialisedAnnual report

    「Steel material prices were again increased sharply, following the previous fiscal year, by ¥35,000 per tonne, while energy costs, including gas, and auxiliary materials also rose sharply.」

    Following the previous fiscal year, a sharp increase in steel material prices was implemented, with prices rising by ¥35,000 per tonne.
  8. FY2023-Q2MaterialisedAnnual report

    「Steel material prices were again increased sharply, following the previous fiscal year, by ¥35,000 per tonne, while energy costs, including gas, and auxiliary materials also rose sharply.」

    A sharp increase in steel material prices was implemented again, following the previous fiscal year, with prices rising by ¥35,000 per tonne.
  9. FY2023-Q1MaterialisedAnnual report

    「Material prices were announced to have increased sharply again in the current fiscal year, following the previous fiscal year, by ¥35,000 per tonne,」

    Following the previous fiscal year, a sharp increase in material prices was announced in the current fiscal year, with prices rising by ¥35,000 per tonne.
  10. FY2022MaterialisedAnnual report

    「Meanwhile, amid surging prices for various raw materials, steel material prices rose by ¥35,000 per tonne following two price increases, while energy costs, including electricity, and auxiliary materials also rose sharply.」

    It states that steel material prices actually increased, rising by ¥35,000 per tonne through two price increases.
  11. FY2022-Q2RestatedAnnual report

    「During the six-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」

    It has reaffirmed that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  12. FY2022-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It has reaffirmed that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  13. FY2021-Q2RestatedAnnual report

    「During the six-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」

    It has reaffirmed that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  14. FY2021-Q1RestatedAnnual report

    「During the three-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」

    It has reaffirmed that there have been no material changes to the risk of fluctuations in steel material prices.
  15. FY2020RestatedAnnual report

    「As a Group, we will focus on attentive sales activities to help customers understand the need to pass increases in costs through to selling prices.」

    As a response to the risk of fluctuations in steel material prices, the company continues to pass costs through to prices through attentive sales activities with customers.
  16. FY2020-Q2RestatedAnnual report

    「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」

    It states that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  17. FY2020-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It states that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  18. FY2019-Q3MaterialisedAnnual report

    「Meanwhile, material prices were increased against the backdrop of tight supply and demand, but our Group worked across the company to secure earnings and avoid any deterioration in profitability.」

    Material price increases actually occurred against the backdrop of tight supply and demand, and avoiding deteriorating profitability continues to be a management issue requiring action.
  19. FY2019-Q2MaterialisedAnnual report

    「Meanwhile, material prices were increased against the backdrop of tight supply and demand, but our Group worked across the company to secure earnings and avoid any deterioration in profitability.」

    Material price increases actually occurred against the backdrop of tight supply and demand, making the avoidance of deteriorating profitability a management issue requiring action.
  20. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It states that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  21. FY2018-Q3MaterialisedAnnual report

    「Regarding income and expenses, despite the impact of higher material (steel material) prices, operating profit was ¥373 million, up 44.5% year on year, and ordinary profit was ¥401 million, up 46.8%, as the company worked to pass the increases through to product prices, expand sales volumes and reduce costs including fixed costs.」

    It states that the increase in steel material prices actually affected income and expenses during the nine-month cumulative period of the current fiscal year. At the same time, the increases were passed through to product prices and other measures were implemented.
  22. FY2018-Q2MaterialisedAnnual report

    「Regarding income and expenses, despite the impact of higher material (steel material) prices, operating profit was ¥218 million, up 72.5% year on year, and ordinary profit was ¥240 million, up 72.0%, due to passing the increases through to product prices, expanding sales volumes and reducing costs including fixed costs.」

    It states that the increase in steel material prices actually affected income and expenses during the nine-month cumulative period of the current fiscal year.
  23. FY2017MaterialisedAnnual report

    「Regarding income and expenses, despite the impact of higher material (steel material) prices in the second half, gross profit margin improved as the entire company worked to improve yield, reduce costs including energy costs, and raise productivity. As a result, operating profit was ¥292.181 million, up 22.8% year on year, and ordinary profit was ¥312.663 million, up 18.6%.」

    It states that the increase in steel material prices actually affected income and expenses in the second half.
  24. FY2017-Q3RestatedAnnual report

    「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    It states that there have been no material changes to the risk of sharp fluctuations in steel material prices.
  25. FY2017-Q2RestatedAnnual report

    「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」

    It states that there have been no material changes to the risk of fluctuations in steel material prices.
  26. FY2017-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It states that there have been no material changes to the risk of fluctuations in steel material prices since the previous fiscal year.
  27. FY2016First statedAnnual report

    「Sharp fluctuations in steel raw material prices are reflected in steelmakers' steel material prices and have a significant impact on our Group's cost of sales.」

    It also states that margins may decline if price increases are not sufficiently passed through to selling prices, or due to high-book-value inventories when prices are reduced.
Moved together

"Higher manufacturing costs due to rising energy costs" moved the same way as this thread, in the same document, in 6 of its 27 moves.

654333★123456
  1. ★This thread
  2. 1Higher manufacturing costs due to rising energy costs6×
  3. 2Brexit and heightened geopolitical risks in the Middle East5×
  4. 3China and emerging-market slowdown and downside economic risks4×
  5. 4Expanding sales volume through deeper engagement with existing customers and new customer development3×
  6. 5Decline in revenue and profit due to lower sales volume3×
  7. 6Weakness in automobile production due to the semiconductor shortage3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Sanyu's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Results of 2026-05-12: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.