Higher Manufacturing Costs Due to Steel Price Fluctuations
First written in FY2017. 11 of 21 entries say "Restated". Latest entry: 2026-08-06.
Neturen moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2021: 13 of 28 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2025WorsenedAnnual report
「Raw material prices, particularly steel, have risen and remain elevated. … In addition, driver shortages and higher transportation costs in the logistics industry could affect the Group's business performance.」
In addition to soaring and persistently high steel prices, the company explicitly identifies driver shortages and higher transportation costs in the logistics industry as materials procurement and logistics risks. - FY2025-H1RestatedAnnual report
「Profit increased year on year, mainly because the company passed on to selling prices increases in costs such as steel, labour, power and transportation.」
While costs such as steel continue to rise, the company is proceeding with measures to pass the increases on to selling prices. - FY2024WorsenedAnnual report
「Raw material prices, particularly steel, are soaring. … In addition, increases in transportation costs resulting from the 2024 logistics industry issue and other factors could affect the Group's business performance.」
In addition to soaring steel prices, the company explicitly identifies higher transportation costs resulting from the 2024 logistics industry issue as a materials procurement and logistics risk. - FY2024-Q2RestatedAnnual report
「Revenue from civil engineering and construction-related products declined year on year due to delays in construction work caused by labour shortages and other factors, despite the company's efforts to pass soaring costs such as steel and power on to selling prices.」
The company is proceeding with passing soaring costs such as steel on to selling prices, but the decline in revenue due to construction delays and other factors is occurring at the same time. - FY2024-Q1RestatedAnnual report
「Revenue from civil engineering and construction-related products declined year on year due to delays in construction work caused by labour shortages and other factors, despite the company's efforts to pass soaring costs such as steel and electricity on to selling prices.」
The company is proceeding with passing soaring costs such as steel on to selling prices, but higher costs and construction delays are occurring alongside the decline in revenue. - FY2023-Q3RestatedAnnual report
「Production disruptions caused by shortages of components such as semiconductors continued for an extended period, while cost increases driven by soaring material costs including steel, power costs and logistics costs also continued.」
Cost increases due to soaring material costs, including steel, have continued, and the risk of fluctuations in raw material prices continues to affect the business environment. - FY2023-Q2WorsenedAnnual report
「Cost increases driven by soaring material costs, including steel, as well as power and logistics costs, became pronounced.」
Cost increases due to soaring material costs, including steel, have become pronounced, and the steel price risk that emerged in the previous fiscal year has continued and worsened. - FY2022WorsenedAnnual report
「Raw material prices, particularly steel, are soaring. Steel is the main material used especially in the businesses related to the Product Division and is an important component of manufacturing costs. If prices fluctuate beyond expectations, the Group's business performance could be affected. It may also become difficult to obtain the materials required for production.」
The continued and expanding surge in steel prices has added the possibility of difficulty obtaining materials to the risk of price fluctuations. The company cites passing higher costs on to selling prices and ongoing cost reductions as measures. - FY2022-Q3MaterialisedAnnual report
「In addition, production disruptions caused by tight supply and demand for components such as semiconductors and soaring steel prices affected business activities.」
The risk of fluctuations in steel prices, previously described as a possibility, has materialised, with soaring steel prices affecting business activities. - FY2022-Q2MaterialisedAnnual report
「Production disruptions caused by tight supply and demand for components such as semiconductors and soaring steel prices have begun to emerge in some areas.」
With regard to the risk of fluctuations in steel prices, the company states that soaring steel prices have emerged in some areas. - 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 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 significant changes to the risk of higher manufacturing costs due to fluctuations in steel prices. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no 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 significant changes to the risk of higher manufacturing costs due to fluctuations in steel prices. - FY2019MitigatedAnnual report
「With regard to risks associated with materials procurement, the company will strengthen coordination with suppliers and pursue ongoing cost reductions.」
As measures addressing the risk of fluctuations in the prices of raw materials such as steel, the company cites coordination with suppliers and ongoing cost reductions. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no 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 significant changes to the risk of higher manufacturing costs due to fluctuations in steel prices. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to the risk of higher manufacturing costs due to fluctuations in steel prices. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to the risk of higher manufacturing costs due to fluctuations in steel prices. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no 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 significant changes to the risk of higher manufacturing costs due to fluctuations in steel prices. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes to the risk of higher manufacturing costs due to fluctuations in steel prices. - FY2017First statedAnnual report
「If prices fluctuate beyond expectations, the Group's business performance could be affected.」
The company has for the first time identified fluctuations in raw material prices, particularly steel, a key material for the businesses related to the Product Division, as a standalone risk.