Risk of Fluctuations in Aluminum Ingot Prices and Foreign Exchange Rates
First written in FY2016. 13 of 35 entries say "Restated". Latest entry: 2026-08-04.
Fujisash moved to the "Worse" side of this theme in 2017, 1 year before the typical company in this theme (2018).
The whole theme swung hardest in 2025: 3 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- 2026-08-04WorsenedEarnings
「A challenging business environment continues, including soaring construction materials prices, changes to construction schedules due to the declining working-age population, persistently high ingot prices, and the ongoing depreciation of the yen.」
In addition to persistently high aluminum ingot prices, the company explicitly identifies ongoing yen depreciation, indicating continued pressure from raw material and foreign-exchange conditions. - FY2026WorsenedAnnual report
「The company has been affected by soaring construction materials prices and persistently high ingot prices.」
The company stated that, in addition to the conventional risk of fluctuations in aluminum ingot prices, prices have remained elevated. - FY2025WorsenedAnnual report
「The Group continues to face a challenging business environment, including persistently high construction materials prices, a shrinking working-age population and a sharp rise in ingot prices.」
Regarding the conventional risk of fluctuations in aluminum ingot prices, the company stated that ingot prices had surged, indicating that the difficult raw material pricing environment is continuing. - FY2025-H1WorsenedAnnual report
「The Group continues to face a challenging business environment, including persistently high construction materials prices, a shrinking working-age population and a sharp rise in ingot prices.」
The company stated that, in addition to the conventional risk of fluctuations in ingot prices, a sharp rise in prices had occurred, indicating that the difficult raw material pricing environment is continuing. - FY2024MitigatedAnnual report
「In the building materials business, sales declined to ¥73,990 million, down 1.6% year on year, due in part to the impact of revisions to construction plans and changes to construction schedules resulting from persistently high construction material prices and labor shortages. However, in addition to lower base metal prices year on year, improved profit margins from stronger sales efforts lifted segment profit to ¥2,600 million, compared with ¥2,037 million in the previous year.」
Lower ingot prices year on year were cited as a factor behind improved margins and higher profit in the building materials business. However, risks from soaring materials prices and other factors remain. - FY2024-Q3MitigatedAnnual report
「In the building materials business, despite the impact of changes to construction schedules resulting from soaring construction material prices, labor shortages and consequent revisions to construction plans, sales increased to ¥51,719 million, up 2.9% year on year, due to rigorous process management and improved aluminum ingot prices. The segment loss also improved substantially to ¥95 million, compared with a segment loss of ¥911 million in the same quarter of the previous year.」
An improvement in aluminum ingot prices was cited as a factor narrowing the building materials business's loss. However, the impact of higher construction materials prices and other factors remains. - FY2024-Q2MitigatedAnnual report
「In the building materials business, sales increased to ¥33,082 million, up 2.7% year on year, due to rigorous process management and improved aluminum ingot prices. However, the impact of soaring prices for various materials could not be fully contained, and the segment loss narrowed to ¥199 million, compared with a segment loss of ¥569 million in the same quarter of the previous year.」
The building materials business reported an improvement in aluminum ingot prices, which contributed to a narrower loss. However, the impact of soaring miscellaneous materials prices remains. - FY2024-Q1MitigatedAnnual report
「Although aluminum ingot prices, which had continued to rise since last year, have stabilized, the extruded products sales business remains in a challenging operating environment due to lower volumes and other factors.」
While the upward trend in aluminum ingot prices since the previous year has stabilized, the extruded products sales business remains in a challenging operating environment because of lower volumes. - FY2023WorsenedAnnual report
「Aluminum ingot prices are affected by market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). If market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its results.」
The company continues to explicitly identify its dependence on businesses using aluminum ingots as their main raw material and the risk of being unable to fully absorb increases in raw material costs when market conditions rise. In terms of actual results, soaring ingot and miscellaneous materials prices also reduced profit. - FY2023-Q2WorsenedAnnual report
「In addition, all business areas are being affected by surging raw material, various material, and fuel costs, resulting in a difficult business environment.」
Soaring raw material, miscellaneous materials and fuel costs have spread across all business areas and are reflected in actual results as a challenging business environment. - FY2022-Q3WorsenedAnnual report
「In the building materials business, centered on the core building sash business, new housing starts are showing signs of recovery for condominiums and detached homes. However, the outlook is becoming more uncertain due to the impact of surging aluminum ingot market conditions and prices for various materials.」
The company stated that surging aluminum ingot market conditions and prices for various materials are affecting the business environment and increasing uncertainty about the outlook. - FY2022-Q2RestatedAnnual report
「In addition, businesses for which aluminum ingot is the primary raw material, namely the building materials and extruded-products sales businesses, account for most of the Group's revenue. Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to disclose its dependence on businesses using aluminum ingot as their primary raw material for revenue, and the potential impact of higher market conditions, foreign exchange rates, and LME prices on raw material costs and business performance. - FY2022-Q1RestatedAnnual report
「In addition, businesses for which aluminum ingot is the primary raw material, namely the building materials and extruded-products sales businesses, account for most of the Group's revenue. Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to describe the structure in which businesses using aluminum ingot as their primary raw material account for most of revenue, as well as the potential impact of higher market conditions, foreign exchange rates, and LME prices on raw material costs and business performance. - FY2021-Q3RestatedAnnual report
「In addition, businesses for which aluminum ingot is the primary raw material, namely the building materials and extruded-products sales businesses, account for most of the Group's revenue. Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to describe the structure in which businesses using aluminum ingot as their primary raw material account for most of revenue, as well as the potential impact of higher market conditions, foreign exchange rates, and LME prices on raw material costs and business performance. - FY2021-Q2RestatedAnnual report
「In addition, businesses for which aluminum ingot is the primary raw material, namely the building materials and extruded-products sales businesses, account for most of the Group's revenue. Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to describe the structure in which businesses using aluminum ingot as their primary raw material account for most of revenue, as well as the potential impact of higher market conditions, foreign exchange rates, and LME prices on raw material costs and business performance. - FY2021-Q1RestatedAnnual report
「In addition, businesses for which aluminum ingot is the primary raw material, namely the building materials and extruded-products sales businesses, account for most of the Group's revenue. Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to describe the structure in which businesses using aluminum ingot as their primary raw material account for most of revenue, as well as the potential impact of higher market conditions, foreign exchange rates, and LME prices on raw material costs and business performance. - FY2020RestatedAnnual report
「The Group's businesses using aluminum ingot as their primary raw material, namely the building materials and extruded-products sales businesses, account for most of its revenue. Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to describe its dependence on businesses using aluminum ingot as their primary raw material for revenue, and the potential impact of fluctuations in market conditions, foreign exchange rates, and LME prices on raw material costs and business performance. - FY2020-Q3RestatedAnnual report
「In addition, businesses for which aluminum ingot is the primary raw material, namely the building materials and extruded-products sales businesses, account for most of the Group's revenue. Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to describe the structure in which the building materials and extruded-products sales businesses, which use aluminum ingot as their primary raw material, account for most of revenue, as well as the potential impact of higher market conditions, foreign exchange rates, and LME prices on raw material costs and business performance. - FY2020-Q2RestatedAnnual report
「In addition, businesses for which aluminum ingot is the primary raw material, namely the building materials and extruded-products sales businesses, account for most of the Group's revenue. Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to describe its dependence on businesses using aluminum ingot as their primary raw material for revenue, and the potential impact of higher market conditions, foreign exchange rates, and LME prices on raw material costs and business performance. - FY2020-Q1RestatedAnnual report
「Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to explicitly identify the risk that fluctuations in aluminum ingot prices, foreign exchange rates, and LME prices will affect raw material costs and business performance. - FY2019MaterialisedAnnual report
「In the extruded-products sales business, revenue grew in line with aluminum ingot market conditions, but difficult conditions on the earnings front continue due to intensifying competition and higher prices for various materials.」
The impact of fluctuations in raw material prices, including rising aluminum ingot market conditions and prices for various materials, was reflected in results as difficult earnings conditions in the extruded-products sales business. - FY2019-Q2MaterialisedAnnual report
「In the building materials business, we focused on winning short-delivery projects, but severe competition continued, and the impact of higher aluminum ingot prices and other factors resulted in net sales of ¥26.95 billion, down 2.3% year on year, and segment loss of ¥140 million, compared with segment profit of ¥216 million in the same period of the previous year, resulting in lower sales and profit.」
The impact of higher aluminum ingot prices was reflected in results as a shift from profit in the same period of the previous year to a segment loss of ¥140 million in the building materials business. - FY2019-Q1MaterialisedAnnual report
「In the building materials business, intensified competition and higher aluminum ingot prices resulted in net sales of ¥8.869 billion, down 8.9% year on year, and segment loss of ¥702 million, compared with segment loss of ¥355 million in the same quarter of the previous year, resulting in lower sales and profit.」
The impact of higher aluminum ingot prices continued to be reflected in results as lower revenue and widening segment losses in the building materials business. - FY2018MaterialisedAnnual report
「In the building materials business, despite severe and intensifying competition, efforts to win short-delivery projects in the building materials business for buildings and expand the product range in the residential building materials business increased net sales 3.2% year on year to ¥70.904 billion. However, higher aluminum ingot prices and fixed costs resulted in segment profit of ¥2.555 billion, down ¥750 million year on year, and lower profit.」
The increase in aluminum ingot prices was reflected in annual results as a ¥750 million decline in segment profit in the building materials business. - FY2018-Q3MaterialisedAnnual report
「In the extruded-products sales business, revenue increased 4.3% year on year to ¥15.849 billion due mainly to higher domestic demand and rising aluminum ingot market prices. However, segment profit declined to ¥315 million, down ¥210 million year on year, due mainly to fluctuations in aluminum ingot market conditions.」
Fluctuations in aluminum ingot market conditions continued to be reflected in results as a ¥210 million year-on-year decline in segment profit in the extruded-products sales business. - FY2018-Q2MaterialisedAnnual report
「In the extruded-products sales business, revenue increased 3.3% year on year to ¥10.291 billion due mainly to higher domestic demand and rising aluminum ingot market prices. However, segment profit declined to ¥96 million, down ¥186 million year on year, due mainly to fluctuations in aluminum ingot market conditions.」
Fluctuations in aluminum ingot market conditions actually emerged as a decline in segment profit in the extruded-products sales business. - FY2018-Q1MaterialisedAnnual report
「In the extruded-products sales business, although volumes are recovering, profitability declined due to the impact of aluminum ingot market conditions.」
The impact of aluminum ingot market conditions actually emerged as lower profitability in the extruded-products sales business. - FY2017RestatedAnnual report
「Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
The company continues to explicitly identify the risk of higher raw material costs due to fluctuations in aluminum ingot prices, foreign exchange rates, and LME prices. - FY2017-Q3RestatedAnnual report
「In the extruded-products sales business, despite the impact of aluminum ingot market conditions and foreign exchange fluctuations, performance is improving due mainly to the recovery of volumes in Japan.」
The impact of aluminum ingot market conditions and foreign exchange fluctuations continues to be identified as a business-environment factor. - FY2017-Q2RestatedAnnual report
「In the extruded-products sales business, despite the impact of aluminum ingot market conditions and foreign exchange fluctuations, performance is improving due mainly to the recovery of volumes in Japan.」
The company continues to cite the impact of aluminum ingot market conditions and foreign exchange fluctuations, while stating that the business is improving as domestic volumes recover. - FY2017-Q1RestatedAnnual report
「In the extruded-products sales business, despite the impact of aluminum ingot market conditions and foreign exchange fluctuations, performance is improving due to the elimination of unprofitable operations following the downsizing of Fuso Sash Malaysia Co., Ltd. and the recovery of volumes in Japan.」
The impact of aluminum ingot market conditions and foreign exchange fluctuations continues to be identified as a business-environment factor. - FY2016First statedAnnual report
「Aluminum ingot prices are affected by fluctuations in market conditions, including foreign exchange rates and prices on the London Metal Exchange (LME). Accordingly, if market conditions continue to rise, the Group may be unable to fully contain increases in raw material costs, which could affect its business performance.」
Aluminum ingot is the primary raw material in the building materials and extruded-products sales businesses, and the difficulty of passing on higher costs when market conditions rise is identified as a risk.