Product Price Increases in Response to Surging Raw Material Prices
First written in FY2023-Q3. 7 of 9 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 17 companies on the "Worse" side.
67 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result of passing on the increase in raw material prices to customers again during the consolidated fiscal year, among other factors, gross profit increased by ¥1,046 million from the previous consolidated fiscal year to ¥19,020 million, up 5.8% year on year. The gross margin also improved by 0.5 percentage points from the previous consolidated fiscal year to 28.5%, reflecting product price revisions and other factors.」
Following the product price revisions through the previous fiscal year, the Company again passed on the increase in raw material prices during the current fiscal year. The effect was described as an improvement in gross profit and gross margin. - 2026-04-10Cited as achievedDividend
「Although personnel expenses increased due to investment in human resources and other factors, net income for the fiscal year under review exceeded the initial plan as increases in product prices took hold and the sales division carried out activities to improve gross profit margins.」
The company cited the effect of product price increases and activities to improve gross profit margins as factors enabling profit attributable to owners of the parent to exceed the initial plan. - FY2025AdvancedAnnual report
「In addition, profitability improved following the product price revisions in April 2024.」
Following the price increase in January 2023, product prices were also revised in April 2024. Gross margin rose to 28.0% as a result of the price revisions and other measures, indicating that initiatives to secure earnings are continuing and becoming more concrete. - FY2024AdvancedAnnual report
「The company was able to absorb persistently high raw material costs and higher personnel expenses associated with investment in human resources through the penetration of the January 2023 product price increases and gross margin improvement initiatives by the sales division, resulting in a significant improvement in profit.」
The January 2023 product price increases took hold and, together with gross margin improvement initiatives, absorbed increases in raw material costs and personnel expenses, leading to improved profit. - FY2024-Q3AdvancedAnnual report
「The company was able to absorb persistently high raw material costs and higher personnel expenses associated with investment in human resources through the penetration of product price increases and gross margin improvement initiatives by the sales division, resulting in a significant improvement in profit, particularly in the third quarter.」
The company stated that the product price increases implemented in January 2023 had taken hold and, together with gross margin improvement initiatives, absorbed higher costs, leading to improved profit in the third quarter. - FY2024-Q2AdvancedAnnual report
「Operating profit also increased, partly because the effects of the product price increases implemented in January of this year took hold month by month.」
The effects of the product price increases implemented in January 2023 took hold progressively, and operating profit in the commercial kitchen equipment segment increased 11.5% year on year despite persistently high raw material costs. - FY2024-Q1AdvancedAnnual report
「Although stainless steel prices, which rose sharply in the second half of the previous fiscal year, remained high into the current fiscal year and raw material costs continued at elevated levels, the effect of the product price increase implemented in January is beginning to take hold, and operating profit returned to growth.」
The company stated that the effects of the product price increases implemented in January 2023 were gradually taking hold and that operating profit had returned to growth despite persistently high raw material costs. - FY2023AdvancedAnnual report
「Product price increases have been implemented since January 2023, and we will work to secure profits.」
The product price increases announced in the previous quarter and scheduled for January 2023 had been implemented, giving concrete form to measures to secure profits in response to soaring raw material prices. - FY2023-Q3First statedAnnual report
「We will work to secure profits, including by implementing product price increases from January 2023.」
As the sharp rise in raw material prices could not be absorbed through cost reductions alone, the company provided specific disclosure for the first time of product price increases from January 2023 as a measure to secure profits.