Komori
Nippon Gear (6356) · RiskWorsenedLatest Earnings (2026-07-31): "Restated"

Surging Prices for Ferrous and Non-Ferrous Raw Materials and the Pass-Through of Cost Increases

First written in FY2016. 28 of 31 entries say "Restated". Latest entry: 2026-07-31.

31entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2023-Q1RestatedFY2023-Q3 – FY2026-H12016: 120162017: 320172018: 420182019: 420192020: 320202021: 320212022: 420222023: 320232024: 220242025: 220252026: 22026
Same theme, other companies
Delayed Pass-Through of Steel and Aluminum Price Increases to Selling PricesA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

Nippon Gear moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).

The whole theme swung hardest in 2018: 3 of 6 companies on the "Worse" side.

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-31RestatedEarnings

    「Reflecting the sharp rise in crude oil prices caused by worsening conditions in Iran, inflation advanced due to soaring resource prices, higher prices and the impact of the weaker yen.」

    The company continued to describe the external environment, including soaring resource prices, rising crude oil prices and the weaker yen.
  2. FY2026WorsenedAnnual report

    「Reflecting the sharp rise in crude oil prices caused by worsening conditions in Iran, inflation advanced due to soaring resource prices, higher prices and the impact of the weaker yen.」

    As external factors related to the risk of fluctuations in ferrous and non-ferrous raw material prices, the company newly specifies the deterioration of the situation in Iran, a sharp rise in oil prices, surging resource prices and the impact of yen depreciation.
  3. FY2026-H1RestatedAnnual report

    「Overseas, the outlook remains uncertain due to surging resource and energy prices resulting from US trade policy and the prolonged geopolitical risks in Ukraine and the Middle East, as well as stagnation in the Chinese economy.」

    The company states that the external environment related to raw material price fluctuations remains uncertain, including surging resource and energy prices.
  4. FY2025RestatedAnnual report

    「Regarding fluctuations in raw material prices, we are addressing higher market prices for ferrous and non-ferrous metals, standardizing designs, sharing components, promoting the adoption of standard products and taking other measures. We will also negotiate prices based on competitive quotations from 3 or more suppliers, exchange information closely and continue efforts to reduce costs further.」

    The company continues to address the risk of fluctuations in ferrous and non-ferrous raw material prices through measures including design standardization, component sharing, adoption of standard products and competitive quotations.
  5. FY2025-H1RestatedAnnual report

    「Meanwhile, amid unstable global conditions, the outlook remains uncertain due to the continuing impact of prolonged increases in raw material and energy prices and persistently high interest rates in Europe and the United States.」

    The company states that surging raw material and energy prices have persisted, and that the external environment remains uncertain, including the risk of price fluctuations.
  6. FY2024-Q3RestatedAnnual report

    「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  7. FY2024-Q2RestatedAnnual report

    「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  8. FY2024-Q1RestatedAnnual report

    「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  9. FY2023-Q3RestatedAnnual report

    「During the cumulative first 3 quarters, Japan's economy showed signs of a gradual recovery, partly due to the effects of various policies implemented to address the COVID-19 pandemic. However, the outlook remained uncertain amid rising prices caused by surging raw material and energy prices associated with the prolonged Ukraine crisis and the rapid depreciation of the yen.」

    The external environment remains uncertain due to the prolonged Ukraine crisis, rapid yen depreciation and surging raw material and energy prices. No new countermeasures or progress in passing through higher costs have been indicated since the previous disclosure.
  10. FY2023-Q2WorsenedAnnual report

    「Domestic and overseas economies remain in an unpredictable environment, as a sharp depreciation of the yen related to international developments, including the prolonged situation in Ukraine, has further driven up resource prices, and the outlook remains uncertain.」

    In relation to the risk of raw material price fluctuations, the company states that the prolonged situation in Ukraine and the sharp depreciation of the yen are further driving up resource prices, specifying external factors behind the price increases.
  11. FY2023-Q1RestatedAnnual report

    「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  12. FY2022RestatedAnnual report

    「Regarding fluctuations in raw material prices, we are addressing higher market prices for ferrous and non-ferrous metals, standardizing designs, sharing components, promoting the adoption of standard products and taking other measures. We will also negotiate prices based on competitive quotations from 3 or more suppliers, exchange information closely and continue efforts to reduce costs further.」

    The company maintains the risk of fluctuations in ferrous and non-ferrous raw material prices and continues implementing countermeasures including design standardization, component sharing, adoption of standard products and competitive quotations.
  13. FY2022-Q3RestatedAnnual report

    「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  14. FY2022-Q2RestatedAnnual report

    「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  15. FY2021RestatedAnnual report

    「Regarding fluctuations in raw material prices, we are addressing higher market prices for ferrous and non-ferrous metals, standardizing designs, sharing components, promoting the adoption of standard products and taking other measures. We will also negotiate prices based on competitive quotations from 3 or more suppliers, exchange information closely and continue efforts to reduce costs further.」

    The company maintains the risk of fluctuations in ferrous and non-ferrous raw material prices and continues to disclose countermeasures including design standardization, component sharing, adoption of standard products and competitive quotations.
  16. FY2021-Q3RestatedAnnual report

    「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  17. FY2021-Q2RestatedAnnual report

    「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  18. FY2021-Q1RestatedAnnual report

    「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  19. FY2020-Q3RestatedAnnual report

    「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  20. FY2020-Q2RestatedAnnual report

    「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  21. FY2020-Q1RestatedAnnual report

    「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  22. FY2019RestatedAnnual report

    「Regarding fluctuations in raw material prices, we are addressing higher market prices for ferrous and non-ferrous metals, standardizing designs, sharing components, promoting the adoption of standard products and taking other measures. We will also negotiate prices based on competitive quotations from 3 or more suppliers, exchange information closely and continue efforts to reduce costs further.」

    The company maintains the risk of surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through, while specifically describing countermeasures including design standardization, component sharing, adoption of standard products and competitive quotations.
  23. FY2019-Q3RestatedAnnual report

    「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  24. FY2019-Q2RestatedAnnual report

    「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  25. FY2019-Q1RestatedAnnual report

    「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks, including surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  26. FY2018RestatedAnnual report

    「We negotiate prices based on competitive quotations from 3 or more suppliers. However, if market prices rise sharply in the future, we may be unable to contain increases in raw material costs, and if we are unable to pass these increases through fully to selling prices, our business performance may be affected.」

    The company identifies surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through as risks, and cites price negotiations based on competitive quotations from 3 or more suppliers as a countermeasure.
  27. FY2018-Q3RestatedAnnual report

    「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」

    The company states that there have been no significant changes to existing risks from surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  28. FY2018-Q2RestatedAnnual report

    「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The company states that there have been no significant changes to existing risks from surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  29. FY2018-Q1RestatedAnnual report

    「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no significant changes to existing risks from surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through.
  30. FY2017RestatedAnnual report

    「We negotiate prices based on competitive quotations from 3 or more suppliers. However, if market prices rise sharply in the future, we may be unable to contain increases in raw material costs, and if we are unable to pass these increases through fully to selling prices, our business performance may be affected.」

    The company identifies surging prices for ferrous and non-ferrous raw materials and insufficient cost pass-through as risks, and cites price negotiations based on competitive quotations from 3 or more suppliers as a countermeasure.
  31. FY2016First statedAnnual report

    「We negotiate prices based on competitive quotations from 3 or more suppliers. However, if market prices rise sharply in the future, we may be unable to contain increases in raw material costs, and if we are unable to pass these increases through fully to selling prices, our business performance may be affected.」

    In response to the risk of higher prices for ferrous and non-ferrous products, the company negotiates prices based on competitive quotations from 3 or more suppliers, but the possibility remains that it may be unable to pass through higher costs.
Moved together

"Weakness in Overseas Economies, Including China" moved the same way as this thread, in the same document, in 2 of its 31 moves.

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  2. 1Weakness in Overseas Economies, Including China2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nippon Gear's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-07-31: "Restated".
News
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