Passing Higher Raw Material Costs Through to Product and Service Prices
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 18 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Passing Higher Raw Material Costs Through to Product and Service Prices” “Raw material costs continue to rise amid a combination of factors, including the weaker yen, soaring material prices worldwide and concerns over geopolitical risks. The national government, through the Japan Fair Trade Commission, is also instructing companies to pass through costs appropriately, and the Group considers this an important management issue.」
The Company continues to address rising raw material costs and the appropriate pass-through of these costs to product and service prices as individual themes under quality management materiality. - FY2025First statedAnnual report
「Raw material costs continue to rise amid a combination of factors, including the weaker yen, soaring material prices worldwide and concerns over geopolitical risks. The national government, through the Japan Fair Trade Commission, is also instructing companies to pass through costs appropriately, and the Group considers this an important management issue.」
For the first time, the Company explicitly identified rising raw material costs and the appropriate pass-through of these costs to product and service prices as individual themes under the quality management materiality.