Komori
OSAKA Titanium technologies (5726) · RiskMitigated

Risk of Loss from Unpurchased Balances under Raw Material Purchase Reservation Contracts

First written in FY2017-Q3. 5 of 10 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2024.

10entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseMitigatedFY2018-Q1MitigatedFY2023-Q1 – FY20242017: 320172018: 020182019: 020192020: 020202021: 120212022: 320222023: 120232024: 22024
Same theme, other companies
Inventory and Advance-Payment Burden from Long-Term Polysilicon Purchase ContractsA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

OSAKA Titanium technologies moved to the "Worse" side of this theme in 2021.

1 other company's 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. FY2024MitigatedAnnual report

    「Raw material purchase reservation contracts Fiscal year 26 (31 March 2023) ¥1,941 million Fiscal year 27 (31 March 2024) ¥0 million」

    The unpurchased balance under purchase reservation contracts fell from ¥1,941 million to zero, eliminating the balance exposed to potential losses depending on resale status upon contract termination.
  2. FY2024-Q3MitigatedAnnual report

    「Raw material purchase reservation contracts Previous fiscal year (31 March 2023) ¥1,941 million Third quarter accounting period (31 December 2023) ¥959 million」

    The unpurchased balance related to raw material purchase reservations declined from ¥1,941 million at the end of the previous fiscal year to ¥959 million. The potential for a loss depending on resale status upon contract termination remains, but the relevant balance decreased.
  3. FY2024-Q2MitigatedAnnual report

    「Previous fiscal year (31 March 2023) ¥1,941 million Second quarter accounting period (30 September 2023) ¥1,606 million」

    The unpurchased balance related to raw material purchase reservations declined from ¥1,941 million to ¥1,606 million. The potential for a loss depending on resale status upon contract termination remains, but the relevant balance decreased.
  4. FY2023-Q1MitigatedAnnual report

    「Raw material purchase reservation contracts Previous fiscal year (31 March 2022) ¥2,090 million First quarter accounting period (30 June 2022) ¥1,941 million」

    The unpurchased balance related to raw material purchase reservations declined from ¥2,090 million at the end of the previous fiscal year to ¥1,941 million. The potential for a loss depending on resale status upon contract termination remains, but the balance exposed to the risk narrowed slightly.
  5. FY2022WorsenedAnnual report

    「If an unpurchased balance remains when a purchase reservation contract ends, the Company may incur a loss depending on the status of resale by the contracting counterparty to a third party. Fiscal year 24 (31 March 2021) ¥0 million; Fiscal year 25 (31 March 2022) ¥2,090 million」

    The unpurchased balance related to raw material purchase reservations increased from zero at the end of the previous fiscal year to ¥2,090 million, again expanding the balance that could give rise to a loss upon contract termination.
  6. FY2022-Q3WorsenedAnnual report

    「The following are purchase-reserved raw materials, other than those recorded on the balance sheet, for which ownership has not been transferred to the Company. If an unpurchased balance remains when a purchase reservation contract ends, the Company may incur a loss depending on the status of resale by the contracting counterparty to a third party. Previous fiscal year (31 March 2021) ¥0 million Third quarter accounting period (31 December 2021) ¥1,130 million」

    The unpurchased balance of raw materials under purchase reservations increased from ¥0 million at the end of the previous fiscal year to ¥1,130 million. The balance exposed to potential losses upon contract termination depending on resale status expanded again.
  7. FY2022-Q2WorsenedAnnual report

    「Previous fiscal year (31 March 2021) ¥0 million Second quarter accounting period (30 September 2021) ¥372 million」

    The unpurchased balance of raw materials under purchase reservations was recorded again, increasing from ¥0 million at the end of the previous fiscal year to ¥372 million. The potential for a loss depending on resale status upon contract termination re-emerged with an associated balance.
  8. FY2018-Q1MitigatedAnnual report

    「The following are purchase-reserved raw materials, other than those recorded on the balance sheet, for which ownership has not been transferred to the Company. If an unpurchased balance remains when a purchase reservation contract ends, the Company may incur a loss depending on the status of resale by the contracting counterparty to a third party.」

    The balance of purchase-reserved items declined from ¥421 million at the end of the previous fiscal year to ¥235 million at the end of the first quarter accounting period. The potential for a loss upon contract termination continued to be disclosed.
  9. FY2017WorsenedAnnual report

    「The following are purchase-reserved raw materials, other than those recorded on the balance sheet, for which ownership has not been transferred to the Company. If an unpurchased balance remains when a purchase reservation contract ends, the Company may incur a loss depending on the status of resale by the contracting counterparty to a third party.」

    The unpurchased balance under purchase reservation contracts was ¥421 million, up from ¥270 million at the end of the third quarter of the previous fiscal year. The potential for a loss upon contract termination continued.
  10. FY2017-Q3First statedAnnual report

    「If an unpurchased balance remains when a purchase reservation contract ends, the Company may incur a loss depending on the status of resale by the contracting counterparty to a third party.」

    The balance of raw materials under purchase reservations that were not recorded on the balance sheet was stated as ¥270 million at the end of the third quarter accounting period. The potential for a loss arising from the unpurchased balance at contract termination and the status of resale to third parties was newly disclosed.
Moved together

"Fluctuations in Titanium Demand Driven by the Aircraft Industry and the Global Economy" moved the same way as this thread, in the same document, in 4 of its 10 moves.

444433★123456
  1. ★This thread
  2. 1Fluctuations in Titanium Demand Driven by the Aircraft Industry and the Global Economy4×
  3. 2Adjusting selling prices to sustainable levels for long-term business continuity4×
  4. 3Expanding global market share with the titanium business as a core growth driver4×
  5. 4Risk of higher export container costs4×
  6. 5Foreign exchange risk from excess US dollar receipts3×
  7. 6Titanium Raw Material Supply, Demand and Price Fluctuation Risk3×

★ 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
No upcoming earnings preview for OSAKA Titanium technologies yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.