Higher Manufacturing Costs Due to Electricity Rate Increases
First written in FY2017. 12 of 18 entries say "Restated". Latest entry: 2026-08-06.
The whole theme swung hardest in 2022: 5 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-08-06MitigatedRevision of earnings forecasts
「Revisions to selling prices in response to higher costs such as labor and electricity」
States that selling prices were revised in response to inflation in costs such as electricity, and that the effect contributed to improved profitability. - 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.」
As costs including power costs continue to rise, the company is proceeding with passing the increases on to selling prices. - FY2024-Q2RestatedAnnual report
「Operating profit was ¥690 million, down 50.4% year on year, due to changes in the sales mix and higher costs, including power costs, among other factors.」
Higher costs, including power costs, continue to be a factor behind the decline in company-wide operating profit. - FY2024-Q1RestatedAnnual report
「In addition, operating profit was ¥270 million, down 60.3% year on year, due to higher costs, including power costs, among other factors.」
Higher costs, including power costs, continue to be a factor behind the decline in company-wide operating profit. - FY2023MitigatedAnnual report
「With regard to electricity-related risks, the company will promote all possible energy-saving measures, including the introduction of solar power generation.」
As a measure addressing the risk of rising electricity rates, the company explicitly cites measures including the introduction of solar power generation, in addition to its previous energy-saving measures. - FY2023-Q3RestatedAnnual report
「Operating profit was ¥1,048 million, down 31.8% year on year, mainly due to higher costs, including power costs, in addition to lower productivity caused by customers' intermittent production stoppages.」
Higher power costs continue to be a factor behind the decline in operating profit in the IH business-related operations. - FY2023-Q2WorsenedAnnual report
「Cost increases driven by soaring material costs, including steel, as well as power and logistics costs, became pronounced.」
The previously identified risk of rising electricity rates has materialised in the business environment, with soaring power costs becoming a pronounced source of cost increases. - FY2022MaterialisedAnnual report
「Electricity rates have been rising amid soaring resource and energy prices.」
The company previously described electricity-related risks as the possibility of future rate increases, but now states that increases driven by soaring resource and energy prices have actually occurred. - FY2022-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 significant changes to the risk of higher manufacturing costs due to increases in electricity rates. - 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 increases in electricity rates. - 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 increases in electricity rates. - FY2019MitigatedAnnual report
「With regard to electricity-related risks, the company will promote energy-saving measures, including capital investment, while fully leveraging the capabilities developed on the production floor through its production innovation activities to improve production efficiency.」
As measures addressing the risk of rising electricity rates, the company cites energy-saving investment and improved production efficiency. - 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 increases in electricity rates. - 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 increases in electricity rates. - 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 increases in electricity rates. - 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 increases in electricity rates. - 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 increases in electricity rates. - FY2017First statedAnnual report
「Depending on future increases in electricity rates, the Group's business performance could be affected.」
The company has for the first time identified the impact of electricity rate increases on business performance as a risk for its heat-treatment processes, which rely primarily on electricity.