Soaring raw material prices, including copper alloys
First written in FY2021. 7 of 20 entries say "Worsened", first in FY2023-Q1. Latest entry: 2026-08-06.
Sanei moved to the "Worse" side of this theme in 2021, 3 years after the typical company in this theme (2018).
The whole theme swung hardest in 2018: 12 of 22 companies on the "Worse" side.
8 other companies' latest entry also says "Materialised".
- FY2026WorsenedAnnual report
「In addition to copper, a raw material for the main products, soaring beyond expectations, the company recognized sponsorship expenses related to Expo 2025 Osaka-Kansai and other costs. As a result, operating profit was ¥1.830 billion, down 2.8% from the previous fiscal year」
Copper prices rose beyond expectations, and the impact of soaring raw material prices materialized as a factor behind the decline in operating profit. - FY2026-H1RestatedAnnual report
「While profit increased with higher sales, persistently high raw material costs and the recognition of temporary expenses kept profit broadly flat.」
The company explains that persistently high raw material costs partly offset the increase in profit from higher sales. - FY2025WorsenedAnnual report
「In addition to raw material and purchasing prices rising more than expected due to sharp foreign exchange fluctuations and other factors, expenses related to the 70th anniversary of the company's founding temporarily increased. As a result, operating profit was ¥1.883 billion, down 4.6% from the previous fiscal year」
Even as the price revisions continued to take hold, higher raw material and purchasing prices resulting from sharp foreign exchange fluctuations actually became a factor behind the decline in profit. - FY2025-H1WorsenedAnnual report
「In terms of profit, raw material and purchasing prices rose more than expected due to the effects of sharp foreign exchange fluctuations, while expenses related to the 70th anniversary of the company's founding temporarily increased. As a result, operating profit was ¥662 million, down 10.8% year on year」
Even as the price revisions continued to take hold, the sharp foreign exchange fluctuations caused raw material and purchasing prices to rise more than expected, which actually emerged as a factor behind the decline in profit. - FY2024MitigatedAnnual report
「The Group's revenue for the fiscal year under review increased by ¥968 million from the previous fiscal year to ¥27.532 billion, up 3.6%, due to higher orders from the housing market, expanded sales of high-value-added products such as the Design Faucets series and high-function products, and the price revisions taking hold.」
Despite the ongoing risk of soaring raw material prices, the company states that profit improved in a direction that absorbed higher costs through the price revisions taking hold and expanded sales of high-value-added products. - FY2024-Q3MitigatedAnnual report
「Revenue remained firm, supported both by the price revisions taking hold and by higher sales through existing sales channels, reaching ¥20.364 billion, up 4.5% year on year.」
As raw material and purchasing prices continued to rise, the price revisions took hold and profit improved substantially, indicating progress in offsetting the impact through passing costs on to selling prices. - FY2024-Q2RestatedAnnual report
「In terms of profit, following the full implementation of the manufacturer's suggested retail price revisions for certain products introduced in April 2022, operating profit was ¥743 million, up 614.6% year on year」
In an environment of persistently high raw material and energy prices, profit improvement from the price revisions already implemented continues as the revisions take hold. - FY2024-Q1MitigatedAnnual report
「In terms of profit, following the full implementation of the manufacturer's suggested retail price revisions for certain products introduced in April 2022, operating profit was ¥296 million (up 202.4% year on year)」
Although raw material and energy prices remain elevated, the company states that the price revisions took hold sufficiently, enabling it to absorb more of the impact of soaring raw material costs on profit than before. - FY2023MaterialisedAnnual report
「Costs increased because raw material and procurement prices rose more than expected. The Company sought to improve profit margins by passing these increases through to selling prices and improving production efficiency, but was unable to absorb the full increase.」
Higher raw material and purchasing prices actually led to increased costs and lower profit, and could not be fully absorbed through passing costs on to selling prices and improving production efficiency. - FY2023-Q3RestatedAnnual report
「Raw material and purchasing prices are rising more than expected due to the rapid depreciation of the yen and soaring prices, among other factors,」
Raw material and purchasing prices continue to remain above expected levels, and are again cited as a factor behind the decline in profit. - FY2023-Q2WorsenedAnnual report
「In terms of profit, raw material and purchasing prices rose more than expected due to the rapid depreciation of the yen and soaring prices, among other factors. Although the company promoted revisions to selling prices, the revisions took hold slowly, resulting in operating profit of ¥103 million, down 85.0% year on year, and ordinary profit of ¥89 million, down 87.3%.」
Raw material and purchasing prices rose more than expected, and the impact could not be absorbed because revisions to selling prices took hold slowly, resulting in a substantial decline in profit. The impact of soaring raw material prices on profit has become increasingly clear. - FY2023-Q1WorsenedAnnual report
「In terms of profit, the company revised the manufacturer's suggested retail prices of certain products from April 2022, but was unable to fully absorb the impact of soaring raw material costs due in part to delays in the new selling prices taking hold,」
The company revised the prices of certain products but was unable to fully absorb the impact of soaring raw material costs due to delays in the revisions taking hold. The impact of soaring raw material prices on profit became increasingly clear. - FY2022MaterialisedAnnual report
「Conditions remain extremely challenging in terms of costs, including prolonged increases in the purchase prices of copper alloys and other key raw materials, yen depreciation and rising prices,」
The prolonged increase in prices for copper alloys and other raw materials has emerged as higher purchase prices in actual profit conditions. - FY2022-Q3MaterialisedAnnual report
「In terms of profit, conditions remain challenging in terms of costs, including prolonged price increases for copper alloys and aluminum ingots, yen depreciation, and rising ocean freight rates,」
Price increases for copper alloys and aluminum ingots have prolonged, and the risk of soaring raw material prices continues to manifest itself as actual cost pressure. - FY2022-Q2MaterialisedAnnual report
「Conditions remain challenging in terms of costs, including price increases for copper alloys and aluminum ingots lasting more than six months, yen depreciation, and rising ocean freight rates,」
Price increases for copper alloys and aluminum ingots have continued for more than six months, and the risk of soaring raw material prices has emerged as actual cost pressure. - FY2021First statedAnnual report
「The Group manufactures plumbing fixtures using copper alloys and other materials. When raw material prices rise, the Group seeks to absorb the impact through cost reductions and passing costs on to selling prices. However, raw material prices rising beyond expectations may affect the Group's operating results and financial position.」
The company identifies soaring prices for copper alloys and other raw materials as a risk and indicates a policy of responding through multiple procurement sources, stronger relationships with partner companies and passing costs on to selling prices.