Market Price Fluctuations for Stainless Steel Materials
First written in FY2016. 4 of 6 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Nagaoka International moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The surge in raw material prices and freight rates caused by the impact of the external environment in recent years was also a factor behind the decline in the profit margin.」
In addition to higher raw material prices, higher freight rates were explicitly identified as factors behind the decline in the profit margin in the energy-related business. - 2026-05-12WorsenedRevision of earnings forecasts
「Rising raw-material prices and freight rates due to the recent external environment were another factor behind the decline in profitability.」
In addition to raw-material prices, higher freight rates were cited as a factor in lower profitability, indicating worsening cost pressures. - FY2023-Q2RestatedAnnual report
「In the water treatment field, the consolidation of 矢澤フェロマイト as a subsidiary contributed to higher sales, but profit contribution during the cumulative second quarter of the current consolidated fiscal year was limited because delivery deadlines for projects for government agencies are concentrated around the end of the fiscal year. In addition, some projects became less profitable due to higher material costs.」
The disclosure reconfirms that higher material costs are causing water treatment projects to become less profitable. - FY2023-Q1WorsenedAnnual report
「In the water treatment field, sales were ¥286.461 million, up 83.2% year on year, and the segment recorded a loss of ¥50.988 million, compared with a segment loss of ¥13.882 million in the same period of the previous year, partly because sharp increases in material costs caused some projects to become less profitable.」
The disclosure states that sharp increases in material costs led to lower profitability in water treatment projects and an actual widening of the segment loss. - FY2022WorsenedAnnual report
「The energy-related business was affected by rapid changes in the business environment, including soaring material prices, exchange rate movements, and lockdowns and tighter activity restrictions in China under its zero-COVID policy.」
The disclosure identifies soaring material prices, together with their actual impact on the business, as one of the rapid changes in the operating environment for the energy-related business. - FY2016First statedAnnual report
「The Group’s main raw materials are stainless steel materials, including sheet and wire products, and steel prices fluctuate according to market conditions.」
Rationalisation, passing costs on to selling prices and overseas procurement are listed as countermeasures.