Risk of rising raw material costs, including steel, aluminum, copper and resins
First written in FY2016. 6 of 14 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Janome 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: 27 of 53 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Initiated price reviews and cost reductions amid persistently high costsAnnual report
「Meanwhile, although order conditions in the die-casting business are improving, profitability remains difficult as the cost ratio continues to rise due to persistently high raw material prices and other factors. The company has therefore initiated measures including sales price reviews and cost reductions and is working to improve its earnings structure.」
While persistently high raw material prices and a rising cost ratio continue, the company has initiated sales price reviews and cost reductions. - FY2026-H1WorsenedAnnual report
「Meanwhile, although order conditions in the die-casting business are improving, the business environment remains difficult due to the continued high cost ratio and rising logistics costs.」
In the die-casting business, the high cost ratio and rising logistics costs continue, and the risk associated with higher raw material and procurement costs has materialized in actual results. - FY2024-Q3MitigatedAnnual report
「Industrial equipment products contributed to improved margins as a result of negotiations to pass through higher prices.」
For industrial equipment products, the response to higher costs for components and raw materials through negotiations to pass through higher prices is described as contributing to improved margins. - FY2023WorsenedAnnual report
「Meanwhile, production has been constrained by longer lead times caused by shortages of electronic components, particularly semiconductors, and soaring raw material prices, and recovery in the situation is expected to take time.」
Shortages and longer lead times for electronic components, together with soaring raw material prices, continue to constrain production. In the industrial equipment business, this also led to higher manufacturing costs and an inability to ship as scheduled. - FY2023-Q3RestatedAnnual report
「Under these circumstances, the Group has continued activities in new formats, including the use of web conferences, while taking infection-control measures, and has gradually resumed initiatives such as exhibiting at trade shows. However, the impact of changes in domestic and overseas consumer trends, together with soaring raw material and other prices and prolonged difficulties in procuring components, has been substantial, and difficult conditions continue.」
The substantial impact of soaring raw material and other prices and prolonged difficulties in procuring components is described, with difficult conditions continuing. - FY2023-Q2WorsenedAnnual report
「Under these circumstances, the Group continues to face difficult conditions, as soaring raw material and other costs associated with higher energy prices and prolonged difficulties in procuring components have prevented the impact on its product supply system from being resolved.」
Higher raw material costs associated with rising energy prices and prolonged difficulties in procuring components continue, and the impact on the product supply system has not been resolved. - FY2023-Q1WorsenedAnnual report
「Meanwhile, resource and raw material prices have continued to rise amid the COVID-19 pandemic and the situation surrounding Russia and Ukraine. In Japan as well, prices of food, daily necessities and public utilities have risen one after another, accelerating cost-push inflation and increasing downside risks to the economy.」
The continued rise in resource and raw material prices against the backdrop of the COVID-19 pandemic and the situation surrounding Russia and Ukraine, together with cost-push inflation and downside risks to the economy, is described. - FY2022WorsenedAnnual report
「Production and supply were adversely affected by soaring component prices and difficulties in procuring components.」
Soaring component prices and difficulties in procuring components had an actual adverse impact on production and supply, and the risk of higher raw material prices is increasing. - FY2022-Q3MaterialisedAnnual report
「Profitability has been significantly affected by soaring component and raw material prices and difficulties in procuring components.」
Soaring component and raw material prices and difficulties in procuring components are described as actual impacts on profitability. - FY2018RestatedAnnual report
「In addition, although the Company’s Production Control Division centrally manages domestic and overseas production bases and the Group continues efforts to minimize the impact on procurement costs, higher costs for raw materials such as iron, aluminum, copper and plastics (resins) may affect the performance of the Group.」
The risk of higher raw material costs and the response through centralized management of domestic and overseas bases and global sourcing are reiterated. - FY2017RestatedAnnual report
「Higher costs for raw materials such as iron, aluminum, copper and plastics (resins) may affect the performance of the Group.」
The risk of higher raw material costs and measures to stabilize and reduce procurement costs through global sourcing are reiterated. - FY2016First statedAnnual report
「Higher costs for raw materials such as iron, aluminum, copper and plastics (resins) may affect the performance of the Group.」
The company cites stable and lower procurement costs through production bases in Japan, Taiwan and Thailand and global sourcing as countermeasures.