Rising prices of steel, copper alloy, and resin raw materials

「The impact of delays and cancellations of plans, primarily due to soaring material prices and labor shortages, resulted in lower sales and profit than in the same period of the previous year.」

「Recently, in addition to the now-apparent risks of globally higher raw-material costs, tariff policy and material procurement resulting from international conflicts, there is a potential risk of material procurement related to economic security.」

「Amid changes in the business environment, including rising material costs, energy prices and personnel expenses, we will further promote cost-reduction activities and strive to maintain and improve business profitability by appropriately passing higher costs through to selling prices.」

「Recently, in addition to the now-apparent risks of globally higher raw-material costs and changes in tariff policy, there is a potential risk of material procurement related to economic security.」

「Recently, in addition to the now-apparent risk of globally higher raw-material costs, there is a potential risk of material procurement related to economic security.」

「In the manufacturing industry in which the Group operates, automotive production is recovering as semiconductor shortages ease. However, uncertainty about the outlook continues, as tighter monetary policy in Europe and the United States and surging energy and raw-material prices resulting from the protracted situation in Ukraine are weighing on production activity.」

「Recently, the risk of globally higher raw-material costs has become apparent. The Group is reviewing its supply chain to respond flexibly to fluctuations in raw-material market prices and raw-material procurement risks, and is pursuing cost-reduction measures such as streamlining production, considering supplier diversification to obtain high-quality raw materials in a timely manner and in the quantities required, and selecting alternative materials.」

「Meanwhile, higher raw-material and energy prices put pressure on profit, and profit in the bearing equipment segment fell below the same period of the previous year.」

「Meanwhile, segment profit fell below the same period of the previous year due to the effects of higher raw-material and logistics costs.」

「Meanwhile, the segment's overall profit was reduced by surging resource prices and logistics costs, as well as the slowdown in the European and U.S. markets.」

「Steel, copper alloys, resin-based raw materials and other materials that are key inputs for the Group's products may fluctuate in market price depending on the supply-demand balance and exchange-rate movements, among other factors, and some are available only from a limited number of suppliers.」

「In the manufacturing industry in which the Group operates, uncertainty about the outlook continues, including new concerns such as surging resource prices and the risk that demand could fall again due to the global resurgence of Omicron infections.」

「In the manufacturing industry in which the Group operates, the automotive industry has recovered as vehicle production has been supported by growth in global demand, while machine-tool orders have also recovered against a backdrop of increased capital investment. The industry has been making a strong recovery despite the effects of semiconductor shortages and surging raw-material prices.」

「In the manufacturing industry in which the Group operates, the automotive industry has recovered as vehicle production has been supported by growth in global demand, while machine-tool orders have also recovered against a backdrop of increased capital investment. The industry has been making a strong recovery despite the effects of semiconductor shortages and surging raw-material prices.」

「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」

「No new business or other risks arose during the cumulative first quarter of the current consolidated fiscal year. There were also no significant changes to the business or other risks described in the securities report for the previous consolidated fiscal year.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「Operating profit increased 4.0% from the previous consolidated fiscal year to ¥5,028 million, as proactive sales activities in the structural equipment business proved effective despite higher material costs and increased expenses associated with proactive investment.」

「Meanwhile, profit fell below the previous year due to higher material costs and increased expenses associated with proactive investment, among other factors.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「Market prices for steel, copper alloys, resin-based raw materials, and other principal materials used in the Group's products fluctuate with supply and demand conditions, exchange rate movements, and other factors. In response to higher raw material prices, the Group seeks to reduce costs through production rationalization and other measures to mitigate the impact. However, sudden market price changes exceeding expectations may affect the Group's operating performance and financial position.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「Sales of automotive products remained firm through continued business with automakers in Europe, India, and ASEAN, resulting in higher revenue for the bearing equipment segment as a whole. However, expenses increased due to the launch of a new mass-production line in the United States, where investment had been made, delays in deliveries, and rising raw material prices during the period, among other factors, and profit fell below the same period of the previous year.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「Market prices for steel, copper alloys, resin-based raw materials, and other principal materials used in the Group's products fluctuate with supply and demand conditions, exchange rate movements, and other factors.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」

「If the prices of steel, copper alloys, and resin raw materials, which are the Group's principal materials, rise, they are expected to affect operating performance.」