Addressing Raw Material Costs Through Lower-Cost Materials, Expanded Sourcing and Long-Term Contracts
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 1 of 10 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We are working to secure stable supplies of these materials by diversifying suppliers and strengthening relationships with them, while also working to pass fluctuations in the prices of titanium raw materials and other materials through to our product prices.」
The policy of low-cost, stable procurement was expanded into specific measures to manage raw material costs, including diversifying sourcing channels, strengthening relationships and passing through price increases. - FY2021RestatedAnnual report
「Strengthening a low-cost, stable raw material procurement structure」
In response to fluctuations in raw material prices, supply and demand, the Company continued to present the strengthening of a low-cost, stable procurement structure. - FY2020RestatedAnnual report
「Strengthening a low-cost, stable raw material procurement structure」
In response to raw material prices and supply and demand, the Company continued to present the strengthening of a low-cost, stable raw material procurement structure. - FY2019RestatedAnnual report
「Developing technologies to use lower-cost materials, securing flexibility by expanding sourcing channels, and extending contract terms through long-term contracts, among other measures」
As measures to address higher raw material prices, technologies for using lower-cost materials, expanded sourcing and long-term contracts were reiterated. - FY2018First statedAnnual report
「Developing technologies to use lower-cost materials, securing flexibility by expanding sourcing channels, and extending contract terms through long-term contracts, among other measures」
To address persistently high crude oil and raw material prices, the Company identified technologies for using lower-cost materials, expanded sourcing and long-term contracts as new initiatives.