Risk of Rising Material Prices
First written in FY2016. 16 of 29 entries say "Restated". Latest entry: FY2026-H1.
Kaji Technology moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2021: 36 of 69 companies on the "Worse" side.
27 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim accounting period, there were no new business or other risks and no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or significant changes in business and other risks, including the risk of soaring material prices. - FY2025RestatedAnnual report
「Higher procurement prices for steel and components, which are among the Company's principal raw materials, due to market fluctuations may squeeze earnings and affect operating results and other matters. Although procurement prices have fluctuated in the past, the Company does not expect the risk to have a material impact on operating results or other matters at present. However, it will work to reduce the risk by developing new procurement sources and reviewing procurement specifications.」
The Company continues to recognize that no material impact is expected from the risk of soaring material prices and continues to address it by developing new procurement sources and reviewing procurement specifications. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in its principal risks, including the risk of soaring material prices. - FY2024MitigatedAnnual report
「Higher procurement prices for steel and components, which are among the Company's principal raw materials, due to market fluctuations may squeeze earnings and affect operating results and other matters. Although procurement prices have fluctuated in the past, the Company does not expect the risk to have a material impact on operating results or other matters at present. However, it will work to reduce the risk by developing new procurement sources and reviewing procurement specifications.」
Regarding the risk of soaring material prices, the Company stated that no material impact is expected and continues to develop new procurement sources and review procurement specifications. Efforts to reduce costs proved effective, and gross profit also increased 45.5% year on year. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter, business sentiment in Japan improved broadly. The manufacturing sector recovered for the first time in some time as supply constraints in the automotive sector eased and the rise in raw-material prices abated, while non-manufacturing industries continued to improve as the economy moved beyond COVID-19 and inbound demand recovered. Gross profit increased 2.6% year on year to ¥225 million as profitability improved through management efforts, including lower material procurement costs.」
The Company disclosed an easing in raw-material price pressures and improved profitability through lower material procurement costs, indicating that the impact of material-price risk had declined from the previous fiscal year. However, renewed increases in fuel and raw-material prices remained a downside risk in the external environment. - FY2023WorsenedAnnual report
「Higher procurement prices for steel and components, which are among the Company's principal raw materials, due to market fluctuations may squeeze earnings and affect operating results and other matters.」
The Company continues to disclose the risk of earnings pressure from higher procurement prices for steel and components, while project profitability actually deteriorated and gross profit declined due to soaring raw-material prices and other factors. - FY2023-Q3WorsenedAnnual report
「However, profitability across projects has been deteriorating due to soaring raw-material prices and other factors, and gross profit decreased 27.0% year on year to ¥774 million.」
Soaring raw-material prices continued to be reflected in deteriorating project profitability, and gross profit declined 27.0% year on year. The impact of material-price fluctuation risk was quantified more significantly than in the previous quarter. - FY2023-Q2WorsenedAnnual report
「However, profitability for individual projects showed a deteriorating trend due mainly to higher raw material prices, causing gross profit to decline 28.2% year on year to ¥484 million.」
Soaring raw-material prices were reflected in deteriorating profitability across projects, and gross profit declined 28.2% year on year. - FY2023-Q1WorsenedAnnual report
「In the manufacturing sector, business sentiment has deteriorated as worsening supply constraints and soaring raw-material prices have created headwinds.」
The business environment description explicitly identified worsening supply constraints and soaring raw-material prices as factors behind deteriorating sentiment in the manufacturing sector. Meanwhile, the Company stated that there had been no significant changes in business and other risks. - FY2022WorsenedAnnual report
「As economic conditions have become increasingly uncertain due to the sharp, unexpected rise in raw-material prices and transportation costs, among other factors, the Company has revised its earnings forecast from the 2022 targets in the “2020 Medium-Term Management Plan.”」
The sharp rise in raw-material prices and transportation costs became a specific factor behind the reduction of profit and ROE targets in the medium-term plan. The Company continues to develop new procurement sources and review procurement specifications. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter, Japan's economy showed signs of recovery as economic activity resumed following the lifting of the state of emergency and priority preventive measures related to the spread of COVID-19. However, the outlook remained uncertain due to downside factors, including the rapid spread of the Omicron variant, a new COVID-19 variant, and rising raw-material prices.」
Rising raw-material prices were newly identified as a downside factor for the economy, indicating deterioration in the external environment related to material-price fluctuation risk. - FY2022-Q2RestatedAnnual report
「During the cumulative period of the second quarter, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the section entitled "Business and Other Risks" in the annual securities report for the previous fiscal year.」
The Company stated that there had been no significant changes in its principal risks, and disclosed no new developments in the risk of material-price fluctuations. - FY2021-Q3MitigatedAnnual report
「Despite the aforementioned decline in net sales, gross profit increased 11.5% year on year to ¥1,097 million as profitability improved through management efforts, including lower material procurement costs.」
Profitability continued to improve through lower material procurement costs and other measures, and gross profit increased 11.5% year on year despite lower net sales. - FY2021-Q2MitigatedAnnual report
「Despite the aforementioned decline in net sales, gross profit increased 31.8% year on year to ¥704 million as profitability improved through management efforts, including lower material procurement costs.」
Improved profitability through lower material procurement costs and other measures was reflected in the results, and the outcome of measures addressing material-price and procurement-cost risks was again disclosed, following the previous quarter. - FY2021-Q1MitigatedAnnual report
「Despite the previously mentioned decline in net sales, gross profit increased 15.2% year on year to ¥250 million as a result of improved profitability from management efforts, including lower material procurement costs.」
Profitability improved through lower material procurement costs, and the results of measures to address material-price fluctuations are reflected in operating performance. - FY2020MitigatedAnnual report
「Although procurement prices have fluctuated in the past, the Company does not expect the risk to have a material impact on operating results or other matters at present. However, it will work to reduce the risk by developing new procurement sources and reviewing procurement specifications.」
Regarding the risk of material prices, the Company stated that no material impact on operating results or other matters is expected at present, and identified developing new procurement sources and reviewing procurement specifications as countermeasures. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in business and other risks, including the risk of soaring material prices. - FY2019RestatedAnnual report
「Market fluctuations in steel and other materials, which are among the Company's principal raw materials, may affect the Company's operating results, financial condition and other matters.」
The Company continues to disclose the potential impact of market fluctuations in steel and other materials. In the current environment, soaring raw-material prices and other factors are also cited as reasons for revising the plan. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in business and other risks, including the risk of soaring material prices. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in business and other risks, including the risk of soaring material prices. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in business and other risks, including the risk of soaring material prices. - FY2018RestatedAnnual report
「Market fluctuations in steel and other materials, which are among the Company's principal raw materials, may affect the Company's operating results, financial condition and other matters.」
The Company continues to disclose the potential impact of market fluctuations in steel and other materials on operating results and financial condition. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in business and other risks, including the risk of soaring material prices. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in business and other risks, including the risk of soaring material prices. - FY2017RestatedAnnual report
「Market fluctuations in steel and other materials, which are among the Company's principal raw materials, may affect the Company's operating results, financial condition and other matters.」
The risk of market fluctuations in steel and other materials continues to be disclosed as before. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes regarding the risk of soaring material prices. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes regarding the risk of soaring material prices. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes regarding the risk of soaring material prices. - FY2016First statedAnnual report
「Market fluctuations in steel and other materials, which are among the Company's principal raw materials, may affect the Company's operating results, financial condition and other matters.」
The Company identifies market fluctuations in steel and other materials as a risk that may affect operating results and financial condition.