Kerosene Price Volatility Risk
First written in FY2016. 15 of 19 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「Because crude oil prices are affected by oil-producing countries' production trends, international conflicts, economic conditions and foreign exchange rates, the Group recognises that the possibility of this risk materialising has increased compared with previously.」
The company identifies factors that could cause crude oil price fluctuations, including the situation in the Middle East, and states that the possibility of the risk of kerosene price fluctuations materialising has increased compared with previously. - FY2022MaterialisedAnnual report
「In addition to production and sales activities for far-infrared electric heaters, oil-fired heaters for cold regions and oil fan heaters being affected by procurement difficulties caused by the global shortage of electronic components and other items, heating equipment as a whole fell below the previous period owing in part to temperatures remaining relatively high through the second half of December and soaring kerosene prices.」
Soaring kerosene prices, together with difficulties procuring electronic components and high temperatures, actually affected the decline in heating-equipment sales below the previous period. - FY2022-Q3MaterialisedAnnual report
「In addition to production and sales activities for far-infrared electric heaters, oil-fired heaters for cold regions and oil fan heaters being affected by procurement difficulties caused by the global shortage of electronic components, heating equipment as a whole fell below the same quarter of the previous year owing in part to temperatures remaining relatively high through the second half of December and soaring kerosene prices.」
Soaring kerosene prices, together with high temperatures and procurement difficulties, affected the decline in total heating-equipment sales below the same quarter of the previous year. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2021RestatedAnnual report
「The Group conducts marketing activities concerning market fluctuations and changes in the lifestyles and preferences of customers who use kerosene products. However, if fluctuations in kerosene prices become significant, they may affect the Group's business, results of operations and financial position.」
The company continues to monitor the risk that soaring kerosene prices may cause customers to hold back on purchases or switch to other heat sources through its marketing activities. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2019RestatedAnnual report
「Accordingly, if fluctuations in kerosene prices become significant, they may affect the Group's business, results of operations and financial position.」
The company reconfirms the risk of kerosene price fluctuations associated with competition between oil-fired heating and water-heating equipment and equipment using other heat sources. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2018RestatedAnnual report
「Accordingly, if fluctuations in kerosene prices become significant, they may affect the Group's business, results of operations and financial position.」
The company reconfirms the risk of kerosene price fluctuations associated with competition between oil-fired heating and water-heating equipment and equipment using other heat sources. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2017RestatedAnnual report
「Accordingly, if fluctuations in kerosene prices become significant, they may affect the Group's business, results of operations and financial position.」
The company reconfirms the risk of kerosene price fluctuations associated with competition between oil-fired heating and water-heating equipment and equipment using other heat sources. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of fluctuations in kerosene prices. - FY2016First statedAnnual report
「Accordingly, if fluctuations in kerosene prices become significant, they may affect the Group's business, results of operations and financial position.」
This is an energy-price risk associated with a business structure centred on oil-fired heating equipment and oil-fired water heaters.