Securing profit from the spread between product and raw material prices
First written in FY2017-Q1. 25 of 34 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-10.
Daiki Aluminium Industry moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2020: 2 of 17 companies on the "Worse" side.
69 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the secondary aluminum alloy business, higher product selling prices resulted in net sales of ¥326.802 billion, up 10.4% year on year. In Japan, demand for products and merchandise remained firm. Overseas, the business was also beginning to move toward an earnings recovery as it pursued price corrections and material conversion, among other measures, resulting in segment profit (operating profit) of ¥6.697 billion, up 50.8% year on year.」
Segment profit in the secondary aluminum alloy business increased 50.8% year on year, driven by higher product selling prices, domestic demand, and overseas price adjustments and material conversion. - FY2025-H1WorsenedAnnual report
「In the secondary aluminum alloy business, product selling prices increased from the previous interim consolidated accounting period. In terms of earnings, the narrowing spread between raw material prices and product selling prices resulted in revenue of ¥135,490 million, up 3.7% from the previous interim consolidated accounting period, and operating profit of ¥2,477 million, down 10.5%.」
Although product selling prices increased, the core business recorded higher revenue but lower profit due to the narrower spread between raw material prices and product selling prices. - FY2024-Q3WorsenedAnnual report
「The narrowing product-to-raw-material price spread and other factors resulted in operating income of ¥3,301 million, down 71.9% year on year, ordinary income of ¥3,037 million, down 74.6%, and quarterly net income attributable to owners of the parent of ¥2,439 million, down 69.4%.」
The spread between raw material prices and product selling prices narrowed, resulting in substantial year-on-year declines in operating profit, ordinary profit and net profit attributable to owners of the parent for the quarter. The track record of securing profits on the back of the spread deteriorated. - FY2024-Q2WorsenedAnnual report
「In terms of earnings, at overseas consolidated subsidiaries, the product-to-raw-material price spread narrowed partly because scrap purchased during a period of high raw-material prices was affected by the declining market. As a result, operating income was ¥2,745 million, down 74.5% year on year, ordinary income was ¥2,678 million, down 75.5%, and quarterly net income attributable to owners of the parent was ¥2,585 million, down 64.5%.」
The spread at overseas consolidated subsidiaries narrowed due to a declining market and the impact of scrap purchased at high prices, substantially lowering the profit level year on year. - FY2024-Q1WorsenedAnnual report
「In terms of earnings, the spread between product selling prices and raw material prices narrowed, particularly at overseas consolidated subsidiaries. Operating profit was ¥1,816 million, down 69.0% year on year, ordinary profit was ¥1,892 million, down 69.2%, and net profit attributable to owners of the parent for the quarter was ¥1,233 million, down 69.7%.」
The narrowing spread at overseas consolidated subsidiaries led to substantial year-on-year declines in operating profit, ordinary profit and net profit attributable to owners of the parent for the quarter. The track record of securing profits on the back of the price differential deteriorated. - FY2023-Q3WorsenedAnnual report
「However, in terms of earnings, the product-to-raw-material price spread at overseas consolidated subsidiaries temporarily narrowed, resulting in ordinary income of ¥11,942 million, down 15.2% year on year, and quarterly net income attributable to owners of the parent of ¥7,959 million, down 22.3% year on year.」
The spread at overseas subsidiaries temporarily narrowed, causing ordinary profit and net profit attributable to owners of the parent for the quarter to fall below the same period of the previous year. The track record of securing profits on the back of the price differential deteriorated. - FY2023-Q2AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable, resulting in ordinary income of ¥10,928 million, up 9.4% year on year, and quarterly net income attributable to owners of the parent of ¥7,292 million, up 1.4% year on year.」
The favorable spread between product and raw material prices resulted in a 9.4% year-on-year increase in ordinary profit and a 1.4% increase in net profit attributable to owners of the parent for the quarter. - FY2023-Q1AdvancedAnnual report
「In the secondary aluminum alloy business, sales volumes remained sluggish, while selling prices rose compared with the same period of the previous year. In terms of earnings, the spread between product prices and raw material prices progressed favorably, resulting in net sales of ¥71.565 billion, up 47.2% year on year, and operating profit of ¥5.669 billion, up 6.4%.」
Despite sluggish sales volume, operating profit in the secondary aluminum alloy business increased 6.4% year on year, driven by higher selling prices and the favorable spread. - FY2022AdvancedAnnual report
「In terms of earnings, the favorable spread between product and raw material prices and strong performance by overseas consolidated subsidiaries resulted in ordinary profit of ¥20,665 million, up 128.4% year on year, and net profit attributable to owners of the parent of ¥14,880 million, up 142.2%.」
Against a backdrop of the favorable spread and strong performance by overseas consolidated subsidiaries, ordinary profit was ¥20,665 million and net profit attributable to owners of the parent was ¥14,880 million, representing substantial progress in securing profits. Sales volume also increased 13.9% from the previous period to 527,000 tons. - FY2022-Q3AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable, resulting in ordinary income of ¥14,080 million, up 219.6% year on year, and quarterly net income attributable to owners of the parent of ¥10,249 million, up 226.9% year on year.」
The favorable spread between product and raw material prices drove ordinary profit and net profit attributable to owners of the parent for the quarter substantially above the same period of the previous year. The track record of securing profits on the back of the spread continued to build. - FY2022-Q2AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable, resulting in ordinary income of ¥9,990 million, up 345.8% year on year, and quarterly net income attributable to owners of the parent of ¥7,193 million, up 336.6% year on year.」
The favorable spread between product and raw material prices drove ordinary profit and net profit attributable to owners of the parent for the quarter substantially above the same period of the previous year. The track record of securing profits on the back of the spread continued to build. - FY2022-Q1AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable, resulting in ordinary income of ¥5,578 million, up 949.3% year on year, and quarterly net income attributable to owners of the parent of ¥4,012 million, up 851.9% year on year.」
The favorable spread led to a substantial increase in ordinary profit and net profit attributable to owners of the parent for the quarter. - FY2021AdvancedAnnual report
「For the fiscal year, concerns about lower production by automakers due to semiconductor shortages proved to have only a limited impact, while the product-to-raw-material price spread remained favourable. As a result, ordinary income was ¥9,046 million, up 17.1% year on year, and net income attributable to owners of the parent was ¥6,142 million, up 10.0% year on year.」
The favorable spread between selling prices and raw material prices supported a 12.5% year-on-year decline in revenue, while ordinary profit increased 17.1% and net profit attributable to owners of the parent increased 10.0%. - FY2021-Q3RestatedAnnual report
「In terms of earnings, domestic sales volumes declined and earnings fell, but the overseas product-to-raw-material price spread remained favourable. As a result, ordinary income was ¥4,406 million, down 22.0% year on year, and quarterly net income attributable to owners of the parent was ¥3,135 million, down 22.2% year on year.」
Although the overseas spread continued to support earnings, ordinary profit fell 22.0% year on year and net profit attributable to owners of the parent for the quarter fell 22.2%, due to lower domestic sales volume. - FY2021-Q2Profit level declined despite the spread holding steadyAnnual report
「In terms of earnings, domestic sales volumes declined and earnings fell, but the overseas product-to-raw-material price spread remained favourable. As a result, ordinary income was ¥2,241 million, down 42.7% year on year, and quarterly net income attributable to owners of the parent was ¥1,647 million, down 40.5% year on year.」
Although the overseas spread continued to support earnings, ordinary profit and net profit attributable to owners of the parent for the quarter fell below the same period of the previous year due to lower domestic sales volume. - FY2021-Q1RestatedAnnual report
「In terms of earnings, domestic sales volume declined, resulting in lower profit. Overseas, although the spread between product and raw material prices remained favorable,」
Although the spread between product and raw material prices remained favorable overseas, overall profit fell below the same period of the previous year due to lower domestic sales volume and foreign exchange losses, among other factors. - FY2020AdvancedAnnual report
「Although domestic sales volume declined and profit fell, strong performance by overseas consolidated subsidiaries and the favorable spread between product and raw material prices resulted in ordinary profit of ¥7,723 million, up 8.4% year on year, and net profit attributable to owners of the parent of ¥5,586 million, up 10.4%.」
Despite declining domestic sales volume, ordinary profit increased 8.4% on the strength of overseas subsidiaries and the spread, building the full-year track record of securing profits on the back of the price differential. - FY2020-Q3AdvancedAnnual report
「In Japan, sales volumes declined, resulting in lower earnings. However, strong performance at overseas consolidated subsidiaries and the favourable product-to-raw-material price spread resulted in ordinary income of ¥5,650 million, up 18.7% year on year, and quarterly net income attributable to owners of the parent of ¥4,031 million, up 21.4% year on year.」
Despite declines in sales volume and selling prices, strong performance by overseas consolidated subsidiaries and the favorable product-material price spread resulted in an 18.7% year-on-year increase in ordinary profit and a 21.4% increase in net profit attributable to owners of the parent for the quarter. - FY2020-Q2AdvancedAnnual report
「Although the Group's sales volume and selling prices declined, the favorable product-material price spread resulted in revenue of ¥83,596 million, down 15.4% year on year, and segment profit of ¥3,723 million, up 3.5%.」
While sales volume and selling prices declined, segment profit in the secondary aluminum alloy business increased 3.5% year on year, supported by the favorable product-material price spread. - FY2020-Q1AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable, resulting in ordinary income of ¥2,164 million, up 21.5% year on year, and quarterly net income attributable to owners of the parent of ¥1,570 million, up 21.9% year on year.」
The product-material price spread remained favorable, and ordinary profit and net profit attributable to owners of the parent for the quarter exceeded the same period of the previous year. The track record of securing profits on the back of the spread continues to build. - FY2019AdvancedAnnual report
「For the fiscal year, the product-to-raw-material price spread remained stable and sales volumes of imported products increased. As a result, ordinary income was ¥7,125 million, up 8.0% year on year, and net income attributable to owners of the parent was ¥5,058 million, up 12.7% year on year.」
Against a backdrop of a stable product-material price spread and increased sales volume of imported merchandise ingots, ordinary profit increased 8.0% year on year and net profit attributable to owners of the parent increased 12.7%. - FY2019-Q3AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable and sales volumes increased, resulting in ordinary income of ¥4,759 million, up 1.4% year on year, and quarterly net income attributable to owners of the parent of ¥3,320 million, up 0.7% year on year.」
The favorable product-material price spread and increased sales volume lifted ordinary profit and net profit attributable to owners of the parent above the same period of the previous year, adding to the track record of securing profits. - FY2019-Q2AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable and sales volumes increased, resulting in ordinary income of ¥3,178 million, up 6.0% year on year, and quarterly net income attributable to owners of the parent of ¥2,270 million, up 7.6% year on year.」
The favorable product-material price spread and increased sales volume lifted ordinary profit and net profit attributable to owners of the parent above the same period of the previous year, adding to the track record of securing profits. - FY2019-Q1AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable and sales volumes increased, resulting in ordinary income of ¥1,781 million, up 13.8% year on year, and quarterly net income attributable to owners of the parent of ¥1,288 million, up 17.3% year on year.」
The favorable product-material price spread and increased sales volume resulted in ordinary profit and net profit attributable to owners of the parent for the quarter exceeding the same period of the previous year. - FY2018AdvancedAnnual report
「Sales volume of our secondary aluminum alloy ingots increased 4.6% from the previous period to 248,000 tons. In terms of earnings, the favorable product-material price spread and increased sales volume of merchandise resulted in ordinary profit of ¥6,598 million, up 40.8% year on year, and net profit attributable to owners of the parent of ¥4,490 million, up 43.2%.」
Sales volume increased 4.6% year on year to 248,000 tons, and ordinary profit and profit attributable to owners of the parent also increased, driven by the product-material price spread and higher merchandise sales volume. - FY2018-Q3AdvancedAnnual report
「In terms of earnings, the favorable spread between product and raw material prices resulted in ordinary profit of ¥4,695 million, up 58.0% year on year, while profit attributable to owners of the parent for the quarter amounted to ¥3,295 million, up 57.1% year on year.」
During the cumulative third quarter, the product-material price spread remained favorable, resulting in a 58.0% year-on-year increase in ordinary profit and a 57.1% increase in net profit attributable to owners of the parent. - FY2018-Q2AdvancedAnnual report
「As the spread between product and raw material prices widened beyond the planned level and gross profit surpassed expectations, ordinary profit amounted to ¥2,998 million, up 53.9% year on year, while profit attributable to owners of the parent for the quarter amounted to ¥2,110 million, up 55.8% year on year.」
As the spread between product and raw material prices widened beyond the planned level and gross profit surpassed expectations, ordinary profit and profit attributable to owners of the parent for the quarter exceeded the levels of the same period of the previous year. - FY2018-Q1AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable, resulting in ordinary income of ¥1,566 million, up 73.8% year on year, and quarterly net income attributable to owners of the parent of ¥1,098 million, up 80.2% year on year.」
The spread between product and raw material prices remained favorable and contributed to increases in ordinary profit and profit attributable to owners of the parent for the quarter as net sales increased 21.2% year on year. - FY2017AdvancedAnnual report
「As the spread between product and raw material prices exceeded the planned level and gross profit surpassed expectations, ordinary profit amounted to ¥4,684 million, up 51.7% year on year, while profit attributable to owners of the parent amounted to ¥3,136 million, up 36.5% year on year.」
The spread between product and raw material prices exceeded the planned level for the full year, contributing to ordinary profit of ¥4,684.92 million and profit attributable to owners of the parent of ¥3,136.41 million. - FY2017-Q3AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread remained favourable, resulting in ordinary income of ¥2,971 million, up 58.4% year on year, and quarterly net income attributable to owners of the parent of ¥2,097 million, up 107.4% year on year.」
The spread between product and raw material prices remained favorable. While net sales declined 12.1% year on year, ordinary profit and profit attributable to owners of the parent for the quarter increased year on year. - FY2017-Q2AdvancedAnnual report
「In terms of earnings, the product-to-raw-material price spread exceeded the planned level and gross profit surpassed expectations. As a result, ordinary income was ¥1,948 million, up 42.1% year on year, and quarterly net income attributable to owners of the parent was ¥1,354 million, up 71.3% year on year.」
The spread between product and raw material prices exceeded the planned level, contributing to increases in gross profit, ordinary profit, and profit attributable to owners of the parent for the quarter. - FY2017-Q1First statedAnnual report
「In terms of earnings, the price spread between products and raw materials remained favourable, resulting in ordinary income of ¥900 million, up 43.5% year on year, and quarterly net income attributable to owners of the parent of ¥609 million, up 87.8% year on year.」
The spread between product and raw material prices was identified independently for the first time as a factor driving increases in ordinary profit and profit attributable to owners of the parent despite declining net sales.