Risk of fluctuations in raw material prices, including iron, copper and crude oil

「Although profitability was affected by higher raw-material prices and the impact of U.S. tariffs, profit increased year on year as a result of passing these costs through to selling prices.」

「Although profitability was affected by higher raw-material prices and the impact of U.S. tariffs, profit increased year on year as a result of passing these costs through to selling prices.」

「During the interim consolidated accounting period, the Japanese economy remained on a moderate recovery trend as improvements in employment and income conditions offset the downward pressure from persistently high raw material and logistics costs due to continued inflation and labor shortages.」

「In terms of profit, although further increases in raw material prices were a downward pressure, profit improved due to higher sales of directly marketed products with high profit margins and progress in passing costs through to selling prices for products and parts, resulting in record-high segment profit.」

「In terms of profit, although further increases in raw material prices were a downward pressure, profit increased year on year from the same interim period due to further progress in passing costs through to selling prices, higher domestic sales, which have relatively higher profit margins than overseas sales, and the foreign exchange benefit from the US dollar/yen exchange rate, which remained sharply in favour of yen depreciation through July.」

「In terms of profit, although raw material prices remain elevated, profit increased year on year as a result of efforts to revise selling prices, as well as higher sales, the benefit of yen depreciation and improved factory operating rates.」

「In terms of profit, although raw material prices remain elevated, profit increased year on year as a result of efforts to revise selling prices, as well as higher sales, the benefit of yen depreciation and improved factory operating rates.」

「In terms of profit, although the surge in raw material prices has continued, profit increased year on year due to the pass-through of higher costs into product selling prices, as well as the benefit of the weaker yen and higher plant utilisation.」

「In terms of profit, although higher raw material prices, mainly for steel products, were a significant downward pressure, profit increased year on year due to higher domestic sales, which have relatively higher profit margins than overseas sales, improved factory operating rates and the benefit of yen depreciation on sales to North America.」

「In terms of profit, although higher raw material prices, mainly for steel products, were a significant downward pressure, profit increased year on year due to higher sales, improved factory operating rates and the benefit of yen depreciation on sales to North America.」

「In terms of profit, although the surge in raw material prices, particularly steel, and transportation costs since the second half of the previous fiscal year has continued, profit increased year on year due to higher sales and plant utilisation, as well as the benefit of the weaker yen on sales to North America.」

「In terms of profit, although raw material prices, mainly for steel products, and transportation costs have remained elevated since the second half of the previous fiscal year, profit increased year on year due to higher sales and the benefit of record yen depreciation. In terms of profit, profit declined year on year because price increases for products failed to keep pace with the sharp rise in raw material prices and other costs.」

「The sharp rise in raw material prices, mainly for steel products, and higher transportation costs since the second half of the previous fiscal year have continued.」

「Concerns continued over the impact of shortages and surging prices of raw materials.」

「Concerns were raised over the impact of the global semiconductor shortage and surging material prices.」

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

「Our group will work to absorb fluctuations in raw material prices through productivity improvements, revisions to selling prices and other measures.」

「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.」

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

「In terms of profit, profit declined year on year due to lower selling prices resulting from competition and higher raw material prices.」

「In terms of profit, although higher raw material prices increased the cost burden, profit exceeded the same period of the previous year due to the effect of higher sales.」

「In terms of profit, although higher raw material prices increased the cost burden, profit exceeded the same period of the previous year due to the effect of higher sales.」

「In terms of profit, although raw material prices and other costs increased, profit rose year on year due to the effect of higher sales and improved factory operating rates.」

「In terms of profit, although raw material prices and other costs increased, profit rose year on year due to the effect of increased revenue from strong sales and higher plant utilisation.」

「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.」

「Results fell below the same period of the previous year due to an increase in overseas sales, which have low profit margins, and higher raw material costs.」

「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.」

「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.」

「Meanwhile, overseas markets are expected to see continued moderate growth in the US economy, and numerous infrastructure development projects are scheduled to be implemented in Southeast Asia. Overall, demand is expected to remain firm, but profit is expected to be pressured by intense price competition overseas and higher raw material costs, mainly for steel products.」

「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.」

「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.」

「Our group's products use substantial quantities of raw materials made from steel, copper, crude oil and other materials. The prices of these materials fluctuate according to market conditions, resulting in fluctuations in the prices of raw materials procured by our group.」