Higher Steel, Raw Material and Transportation Costs

「In terms of profit, although the yen weakened from the previous period and overseas sourcing costs increased, higher revenue resulted in operating profit rising 0.8% from the previous period to ¥2,212 million.」

「Meanwhile, although the shift in procurement of temporary construction equipment from purchasing to rental has continued due to soaring construction material prices, labor shortages and other factors,」

「In terms of earnings, the company worked to revise selling prices and reduce procurement costs in response to yen depreciation, which affects the segment's import costs. However, the range and speed of exchange-rate fluctuations exceeded expectations, and segment loss increased by ¥61 million from the previous fiscal year to ¥523 million.」

「In terms of profit, in connection with the formulation of the Medium-Term Management Plan 2027, the company reviewed its plans for deploying rental assets and its utilization outlook and changed the depreciation method for rental assets, resulting in lower depreciation expense. However, cost pressures continued due to yen depreciation and persistently high raw material prices, and operating profit declined 3.9% year on year to ¥1,313 million.」

「In terms of profit, in connection with the formulation of the Medium-Term Management Plan 2027, the company reviewed its plans for deploying rental assets and its utilization outlook and changed the depreciation method for rental assets. As a result, depreciation expense for those assets decreased. However, cost pressures continued due to further yen depreciation and persistently high raw material prices, and operating profit declined 27.7% year on year to ¥550 million.」

「The group's main products, including temporary construction scaffolding materials and aluminum lifting equipment, primarily use steel and aluminum as raw materials. The group also procures electricity used in the manufacturing process as necessary. Consequently, a sharp increase in raw material and energy prices caused by factors such as unstable international conditions or continued yen depreciation beyond expectations could affect the group's business results.」

「In terms of profit, selling price revisions implemented in the previous consolidated fiscal year contributed from the beginning of the period, and operating profit rose 1.0% year on year to ¥1,916 million.」

「Although upward cost pressure continued due to the continued depreciation of the yen, selling price revisions implemented in the previous consolidated fiscal year contributed from the beginning of the period, and operating profit rose 36.4% year on year to ¥1,367 million.」

「Although upward cost pressure continued due to the yen's depreciation trend and persistently high raw material prices, selling price revisions implemented in the previous consolidated fiscal year contributed from the beginning of the period, and operating profit rose 59.9% year on year to ¥762 million.」

「In terms of profit, the situation in which procurement cost increases preceded selling price revisions gradually improved, and operating profit rose 49.7% year on year to ¥1,897 million, helped by higher revenue from the construction equipment-related and electronic equipment-related businesses.」

「The group increased production to respond to the expanding user adoption of “Albatross,” a new type of scaffolding in the construction equipment-related business, and worked to ensure a stable supply of products. It also raised selling prices in response to higher raw material prices, including steel, and higher overseas procurement costs due to the rapid depreciation of the yen.」

「Within the group, raw material prices, including steel, continued to rise, while the rapid depreciation of the yen further increased overseas procurement costs. The group worked to raise selling prices in line with cost increases and increased production to ensure a stable supply of products in response to the expanding user adoption of “Albatross,” a new type of scaffolding used in the construction equipment-related business.」

「The company worked to improve profit margins through price increases in response to these cost increases, but the effect of the price increases was limited as raw material prices rose further and the yen weakened further over a short period. Operating profit therefore fell 56.2% year on year to ¥1,119 million.」

「The company worked to improve profit margins through price increases in response to these cost increases, but the effect of the price increases was limited as raw material prices continued to rise and the yen continued to weaken. Operating profit therefore fell 38.0% year on year to ¥1,267 million.」

「In terms of profit, operating profit fell 5.5% year on year to ¥922 million due to multiple cost increases that substantially exceeded assumptions, including continued increases in the prices of steel, aluminum and other raw materials under the influence of international commodity market conditions, and higher costs related to overseas procurement due to the weaker yen and ocean freight rates.」

「Operating income declined 5.6% year on year to ¥489 million and ordinary income declined 8.7% to ¥674 million due to higher steel prices resulting from international commodity market conditions and higher raw material and transportation costs affecting overseas procurement.」