Impact of Falling LME Nickel Prices
First written in FY2017-Q1. 18 of 32 entries say "Restated". Latest entry: 2026-08-14.
S Crypto Energy moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Mitigated".
- 2026-08-14MitigatedEarnings
「Nickel sales increased because sales volume exceeded the level in the same period of the previous year and the selling price rose in line with higher LME prices.」
The impact of previously weak LME nickel prices reversed in the quarter, with higher prices and increased sales volume driving higher nickel-business revenue. - FY2026RestatedAnnual report
「Although selling prices declined as LME nickel prices remained low, higher sales volume kept revenue broadly in line with the previous year at ¥616 million, down 1.5% year on year.」
While low LME nickel prices and lower selling prices continued, higher sales volume limited the decline in revenue to 1.5% year on year, and segment profit was ¥30 million, broadly in line with the same period of the previous year. - 2026-05-14MitigatedEarnings
「Although the selling price declined because LME nickel prices remained low, higher sales volume enabled net sales to remain broadly at the prior-year level at ¥616 million, down 1.5% year on year. Segment profit (operating profit) was ¥30 million, unchanged from the ¥30 million recorded in the same period of the previous year.」
LME nickel prices remained low, but higher sales volume kept net sales and segment profit broadly at the prior-year levels. - FY2026-H1WorsenedAnnual report
「Revenue was ¥295 million due to lower selling prices. Segment profit (operating profit) was ¥4 million.」
As the decline in nickel selling prices continued, revenue was ¥295 million and segment profit was ¥4 million for the interim accounting period. - FY2025WorsenedAnnual report
「In response to the recent downward trend in LME nickel prices, selling prices have also continued to decline. As a result, revenue was ¥625 million. Segment profit (operating profit) was ¥30 million.」
The downward trend in LME nickel prices and the decline in selling prices continued, with segment profit of ¥30 million on revenue of ¥625 million from the nickel business. - FY2024WorsenedAnnual report
「LME nickel prices fell sharply from the same period of the previous year, causing selling prices and revenue to decline. Revenue was ¥640 million (¥796 million in the same period of the previous year, down 19.6%). The segment recorded a loss (operating loss) of ¥24 million (segment profit of ¥134 million in the same period of the previous year).」
A sharp decline in LME nickel prices reduced revenue by 19.6%, resulting in a ¥24 million loss versus a segment profit in the previous year. - FY2024-Q3WorsenedAnnual report
「Due to a substantial decline in LME nickel prices compared with the same period of the previous year, selling prices also fell. Net sales were ¥515 million, compared with ¥617 million in the same quarter of the previous year, down 16.5%. The segment loss (operating loss) was ¥13 million, compared with segment profit of ¥116 million in the same quarter of the previous year.」
The substantial decline in LME nickel prices materially affected selling prices, net sales and segment earnings, turning the previous year's profit into a loss. - FY2024-Q2WorsenedAnnual report
「Due to lower selling prices compared with the same period of the previous year, net sales were ¥360 million, compared with ¥437 million in the same quarter of the previous year, down 17.7%. The segment loss (operating loss) was ¥6 million, compared with segment profit of ¥90 million in the same quarter of the previous year.」
Lower nickel selling prices reduced net sales by 17.7% and turned the previous year's segment profit into a ¥6 million loss. - FY2024-Q1WorsenedAnnual report
「Due to lower selling prices compared with the same period of the previous year, net sales were ¥187 million, compared with ¥234 million in the same quarter of the previous year, down 20.1%. The segment loss (operating loss) was ¥1 million, compared with segment profit of ¥61 million in the same quarter of the previous year.」
Nickel selling prices fell, reducing net sales by 20.1% and turning a segment profit into a ¥1 million loss. - FY2023-Q3MitigatedAnnual report
「Due to higher nickel prices compared with the same period of the previous year, net sales were ¥617 million, compared with ¥520 million in the same quarter of the previous year, up 18.5%. Segment profit (operating profit) was ¥116 million, compared with segment profit of ¥109 million in the same quarter of the previous year, up 5.7%.」
Higher nickel prices lifted net sales and segment profit above the previous year's levels, and no adverse impact from falling prices emerged during the quarter. - FY2023-Q2MitigatedAnnual report
「Due to higher nickel prices compared with the same period of the previous year, net sales were ¥437 million, compared with ¥339 million in the same quarter of the previous year, up 29.0%. Segment profit (operating profit) was ¥90 million, compared with segment profit of ¥68 million in the same quarter of the previous year, up 32.5%.」
Higher nickel prices lifted net sales and segment profit above the previous year's levels, and no adverse impact on operating performance from falling prices emerged during the quarter. - FY2023-Q1MitigatedAnnual report
「Due to higher selling prices compared with the same period of the previous year, net sales were ¥234 million, compared with ¥159 million in the same quarter of the previous year, up 47.1%. Segment profit (operating profit) was ¥61 million, compared with segment profit of ¥29 million in the same quarter of the previous year, up 111.8%.」
Higher nickel selling prices lifted net sales and segment profit above the previous year's levels, and no adverse impact on operating performance from falling prices emerged during the quarter. - FY2022-Q3MitigatedAnnual report
「Due to higher nickel prices compared with the same period of the previous year, net sales were ¥520 million, compared with ¥382 million in the same quarter of the previous year, up 36.3%. Segment profit (operating profit) was ¥109 million, compared with segment profit of ¥46 million in the same quarter of the previous year, up 138.4%.」
Nickel prices rose, and net sales and segment profit exceeded the previous year's levels, so no adverse impact on operating performance from falling prices emerged during the quarter. - FY2022-Q2MitigatedAnnual report
「Due to higher nickel prices compared with the same period of the previous year, net sales were ¥339 million, compared with ¥246 million in the same quarter of the previous year, up 38.0%. Segment profit (operating profit) was ¥68 million, compared with segment profit of ¥22 million in the same quarter of the previous year, up 207.6%.」
Nickel prices rose during the quarter, so no adverse impact on sales or profit from the risk of falling prices emerged, and net sales and segment profit increased. - FY2021RestatedAnnual report
「The nickel industry has substantial demand from the automotive, electronic equipment and housing sectors, among others, and is highly susceptible to global developments and economic conditions. We therefore need to conduct sales activities while closely monitoring global developments related to COVID-19, as well as trends in LME prices and exchange rates.」
The existing risk that LME nickel prices and exchange-rate fluctuations affect operating performance is again cited, together with the need to monitor COVID-19 and global developments. - FY2021-Q1RestatedAnnual report
「The nickel we purchase as a product is a globally traded commodity whose price is determined by quotations on the London Metal Exchange (LME), and our purchase costs and net sales may fluctuate significantly because they reflect the market price at the relevant time. Accordingly, it is necessary to secure a stable earnings structure, enhance corporate value and develop new businesses as part of our important business initiatives.」
The existing risk that LME quotations cause fluctuations in nickel purchase costs and net sales was reconfirmed as one of the reasons for making Nagomi Design a subsidiary. - FY2020RestatedAnnual report
「The nickel we purchase as a product is a globally traded commodity whose price is determined by quotations on the London Metal Exchange (LME), and our purchase costs and net sales may fluctuate significantly because they reflect the market price at the relevant time. They are also affected by exchange-rate movements.」
The existing risk that LME prices and exchange-rate fluctuations affect purchase costs, net sales and operating performance in the nickel business is also cited. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were reported in the existing business and other risks, including LME nickel prices and exchange-rate fluctuations. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were reported in the existing business and other risks, including LME nickel prices and exchange-rate fluctuations. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were reported in business and other risks, including LME nickel prices and exchange-rate fluctuations. - FY2019RestatedAnnual report
「The nickel we purchase as a product is a globally traded commodity whose price is determined by quotations on the London Metal Exchange (LME), and our purchase costs and net sales may fluctuate significantly because they reflect the market price at the relevant time. They are also affected by exchange-rate movements.」
The existing risk that LME nickel prices and exchange-rate fluctuations affect purchase costs, net sales and operating performance is also cited as a full-year business and other risk. - FY2019-Q3RestatedAnnual report
「Due to higher selling prices compared with the same period of the previous year, net sales were ¥545 million, compared with ¥465 million in the same quarter of the previous year, up 17.1%. Segment profit (operating profit) was ¥39 million, compared with segment profit of ¥27 million in the same quarter of the previous year.」
Nickel selling prices rose, increasing net sales and segment profit. The explanation that there were no material changes in the existing risks related to LME prices and other factors continued. - FY2019-Q2RestatedAnnual report
「Due to higher selling prices compared with the same period of the previous year, net sales were ¥348 million, compared with ¥282 million in the same quarter of the previous year, up 23.4%.」
Nickel selling prices rose during the quarter, but no material changes were reported in business and other risks related to LME nickel prices and other factors. - FY2019-Q1RestatedAnnual report
「Due to higher selling prices and increased sales volume compared with the same period of the previous year, net sales were ¥175 million, compared with ¥130 million in the same quarter of the previous year, up 34.5%.」
Nickel selling prices rose during the quarter, but no material changes were reported in business and other risks related to LME prices and other factors. - FY2018RestatedAnnual report
「Nickel is a globally traded commodity whose price is determined by quotations on the London Metal Exchange (LME), and purchase costs and net sales may fluctuate significantly because they reflect the market price at the relevant time. They are also affected by exchange-rate movements.」
The existing risk that LME prices and exchange-rate fluctuations affect purchase costs, net sales and operating performance is also cited in the full-year business and other risks. - FY2018-Q3RestatedAnnual report
「Due to higher selling prices and increased sales volume compared with the same period of the previous year, net sales were ¥465 million, compared with ¥365 million in the same quarter of the previous year, up 27.4%. Segment profit (operating profit) was ¥27 million, compared with segment profit of ¥25 million in the same quarter of the previous year.」
Nickel selling prices rose during the quarter, and there was no impact from falling prices. Meanwhile, no material changes were reported in business and other risks. - FY2018-Q2RestatedAnnual report
「Due to higher selling prices and increased sales volume compared with the same period of the previous year, net sales were ¥282 million, compared with ¥233 million in the same quarter of the previous year, up 20.9%.」
Nickel selling prices rose during the quarter, and there was no impact from falling prices. Meanwhile, no material changes were reported in business and other risks. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were reported in business and other risks, and the treatment of the existing risk related to LME nickel prices remains unchanged. - FY2017RestatedAnnual report
「The nickel we purchase as a product is a globally traded commodity whose price is determined by quotations on the London Metal Exchange (LME), and our purchase costs and net sales may fluctuate significantly because they reflect the market price at the relevant time. They are also affected by exchange-rate movements. We therefore seek to mitigate risk by maintaining an appropriate level of inventory at all times, but this may affect our operating results and financial position.」
In addition to LME nickel prices, exchange-rate fluctuations are cited as risks to purchase costs, net sales and operating performance. - FY2017-Q3RestatedAnnual report
「Although net sales fell to ¥365 million due to lower selling prices, compared with ¥426 million in the same quarter of the previous year, down 14.3%, segment profit (operating profit) was ¥25 million, compared with a segment loss of ¥0.3 million in the same quarter of the previous year, due to expense reductions and other measures.」
The decline in sales due to lower nickel selling prices continued, but the business recorded segment profit as a result of expense reductions and other measures. - FY2017-Q2RestatedAnnual report
「Although net sales declined to ¥233 million due to lower LME prices, compared with ¥299 million in the same quarter of the previous year, down 21.8%, the segment profit (operating profit) was ¥7 million, compared with segment profit of ¥2 million in the same quarter of the previous year, due to expense reductions and other measures.」
The impact of lower LME prices continued, but the nickel business recorded segment profit as a result of expense reductions and other measures. - FY2017-Q1First statedAnnual report
「Due to the impact of lower LME prices, net sales were ¥115 million (¥161 million in the same quarter of the previous year, down 28.6%), and the segment loss (operating loss) was ¥0.8 million (segment profit of ¥4 million in the same quarter of the previous year).」
The decline in nickel prices resulted in lower quarterly sales and a segment loss.