Risk of an impact on business performance from persistently high steel prices
First written in FY2017. 17 of 25 entries say "Restated". Latest entry: FY2025.
Zuiko moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「In terms of profit, the cost ratio rose significantly due to a decline in net sales, an increase in highly complex projects as the Company pursued higher value-added products, and the recognition of valuation losses after conservatively assessing the saleability of inventories held by overseas subsidiaries.」
Regarding risks related to materials and inventories, the Group conservatively assessed the saleability of inventories held by overseas subsidiaries and actually recognized valuation losses. The amount by which the carrying value of inventories was written down was ¥284.878 million. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from material prices and materials procurement. - FY2025-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from material prices and materials procurement. - FY2024RestatedAnnual report
「Materials and outsourced processing costs account for a relatively high proportion of the Group’s cost structure. Depending on domestic and overseas market conditions for materials, procurement may be delayed or advanced relative to plan, potentially affecting the delivery timing of machinery products. Fluctuations in market prices may also affect earnings and consequently impact the Group’s operating results and financial position.」
The Group has reaffirmed the risks associated with the proportion of material and outsourced processing costs, fluctuations in procurement timing, and the impact of material price fluctuations on delivery schedules and earnings. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from material prices and materials procurement. - FY2024-Q2RestatedAnnual report
「During the first six months 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 and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from material prices and materials procurement. - FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from material prices and materials procurement. - FY2023MitigatedAnnual report
「To prepare for soaring raw material prices and procurement difficulties resulting from conditions in various countries, the Group is securing inventory through early ordering in response to the semiconductor shortage, researching substitute materials and parts, and developing new suppliers and subcontractors.」
While soaring raw material prices, the semiconductor shortage, and procurement difficulties continue, the Group has disclosed countermeasures including early ordering, inventory procurement, research into substitute materials and parts, and development of new suppliers and subcontractors. - FY2023-Q3MaterialisedAnnual report
「In terms of profit, operating profit declined to ¥489 million, down 59.8% year on year, due to factors that reduced profit, including higher cost of sales resulting from soaring raw material prices and the weaker yen, an increase in R&D expenses to ¥581 million, up 77.0% year on year, and litigation costs incurred in a civil lawsuit involving Zuiko (Shanghai) Electrical Equipment Co., Ltd.」
Regarding the previous risk related to material prices, the Group states that higher cost of sales resulting from soaring raw material prices and the weaker yen actually became factors reducing operating profit. - FY2023-Q2MaterialisedAnnual report
「Production activities in Japan have been delayed by the prolonged semiconductor shortage, while production activities at consolidated subsidiary Zuiko (Shanghai) Electrical Equipment Co., Ltd. have been significantly delayed by the lockdown accompanying the increase in new COVID-19 cases in Shanghai, China. As a result, the figure was ¥8,813 million, down 21.2% year on year.」
In connection with the previous risks related to materials procurement, the prolonged semiconductor shortage actually occurred as delays in domestic production and is stated to have contributed to a 21.2% year-on-year decline in net sales. - FY2023-Q1WorsenedAnnual report
「In addition to the rapid depreciation of the yen related to international conditions and increases in raw material and crude oil prices, COVID-19, including lockdowns in major Chinese cities, continues to affect corporate activities, leaving the outlook uncertain.」
In connection with the previous risks related to material prices and materials procurement, rising raw material prices are described as part of the actual economic environment. Rising crude oil prices and the weaker yen are also cited, broadening the factors contributing to a worsening cost environment. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from material prices and materials procurement. - FY2021ReframedAnnual report
「Materials account for a relatively high proportion of the Group’s cost structure. Depending on domestic and overseas market conditions for materials, procurement may be delayed or advanced relative to plan, potentially affecting the delivery timing of machinery products. Fluctuations in market prices may also affect earnings and consequently impact the Group’s operating results and financial position.」
The scope has expanded from the previous description focused on persistently high steel prices to materials procurement risks encompassing the proportion of material costs, procurement timing, and fluctuations in material prices. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from persistently high steel prices. - FY2020DroppedAnnual report
「Among the matters concerning the business and accounting conditions described in the annual securities report, the following are matters that could have a material impact on investors’ decisions.」
In the current description of business and other risks, no specific description of persistently high steel prices, which had previously been disclosed, can be confirmed. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from persistently high steel prices. - FY2020-Q2RestatedAnnual report
「During the first six months 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 and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from persistently high steel prices. - FY2019RestatedAnnual report
「Most of the machinery manufactured by our Group uses steel materials. Accordingly, if steel prices remain persistently high, this could affect our operating results and other matters.」
The risk of an impact on performance from persistently high steel prices is explicitly described with the same content as in the previous fiscal year. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from persistently high steel prices. - FY2019-Q2RestatedAnnual report
「During the first six months 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 and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from persistently high 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 and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from persistently high steel prices. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Group has reaffirmed that there have been no new developments or significant changes in the risk of an impact on performance from persistently high steel prices. - FY2018-Q2RestatedAnnual report
「During the first six months 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 and other risks described in the annual securities report for the previous fiscal year.」
The Group’s overall description states that there have been no new developments or significant changes in the risk of an impact on performance from persistently high steel prices. - FY2018-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 and other risks described in the annual securities report for the previous fiscal year.」
The Group’s overall description states that there have been no new developments or significant changes in the risk of an impact on performance from persistently high steel prices. - FY2017First statedAnnual report
「Most of the machinery manufactured by our Group uses steel materials. Accordingly, if steel prices remain persistently high, this could affect our operating results and other matters.」
Because most of the Group's machinery uses steel, persistently high steel prices are identified as a risk that could affect operating results.