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Sinko Industries (6458) · RiskMaterialised

Risk of fluctuations in key raw material prices

First written in FY2016. 10 of 19 entries say "Materialised", first in FY2022-Q1. Latest entry: 2026-08-06.

19entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016RestatedFY2019 – FY2020MaterialisedFY2022-Q1 – FY2023-Q3RestatedFY2024-Q22016: 120162017: 020172018: 120182019: 120192020: 120202021: 220212022: 420222023: 420232024: 020242025: 120252026: 42026
Same theme, other companies
Profit pressure from the failure to pass on higher procurement costs in selling pricesA theme 45 companies write about · 45 as a headwind · 0 as a tailwind

Sinko Industries moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.

The whole theme swung hardest in 2021: 18 of 28 companies on the "Worse" side.

6 other companies' latest entry also says "Materialised".

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.
Showing 14 of the 45 companies compared. The sentences above are computed from all 45.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MaterialisedAnnual report

    「Although efforts were made to establish price revisions and increase the value added of products and services, higher labor, logistics, and other costs resulted in segment profit (operating profit) of ¥3,530 million, down 3.3% year on year.」

    Higher labor, logistics, and other costs are reflected in actual results as a 3.3% year-on-year decline in operating profit in the Japan segment.
  2. FY2024-Q2RestatedAnnual report

    「As a result of focusing on securing orders centered on industrial air-conditioning, leveling volumes and expanding air-conditioning installation work, revenue was ¥18,702 million, up 16.5% year on year. In terms of profit, despite the impact of higher raw-material prices, price revisions and higher volumes resulted in segment profit (operating profit) of ¥2,481 million, up 66.5% year on year.」

    Although raw material prices remain elevated, price revisions and higher volumes resulted in a 66.5% year-on-year increase in operating profit in the Japan segment.
  3. FY2024-Q1MaterialisedAnnual report

    「Profit was affected not only by intense price competition but also by higher costs, resulting in segment profit (operating profit) of ¥13 million, down 22.9% year on year.」

    Higher costs are reflected in actual results as a factor behind the 22.9% year-on-year decline in operating profit in the Asia segment.
  4. FY2023RestatedAnnual report

    「Raw material prices remain elevated, and we will focus on strengthening purchasing power, reducing costs, and passing higher costs through to prices as key priorities in addressing this issue.」

    While raw material prices remain elevated, measures are being advanced through stronger purchasing power, cost reductions, and price pass-through.
  5. FY2023-Q3WorsenedAnnual report

    「Profit was pushed down by higher raw material prices, and the segment posted a loss (operating loss) of ¥183 million, compared with a segment loss of ¥66 million in the same quarter of the previous year.」

    The impact of higher raw material prices also affected the Asia segment, with the operating loss widening from ¥66 million in the same quarter of the previous year to ¥183 million.
  6. FY2023-Q2MaterialisedAnnual report

    「As a result of higher raw material prices, segment profit (operating profit) was ¥1,490 million, down 22.8% year on year.」

    The impact of higher raw material prices is reflected in actual results as a 22.8% year-on-year decline in operating profit in the Japan segment.
  7. FY2023-Q1WorsenedAnnual report

    「Although measures were taken to address difficulties in sourcing components by expanding the supplier base and to control costs, the impact of higher raw material prices exceeded these efforts, resulting in segment profit (operating profit) of ¥406 million, down 44.9% year on year.」

    Although the supplier base was expanded and costs were controlled, the impact of higher raw material prices exceeded these measures, resulting in a 44.9% year-on-year decline in operating profit in the Japan segment.
  8. FY2022WorsenedAnnual report

    「Amid signs of a recovery in construction investment in Japan and overseas, sales activities aimed at securing volume resulted in revenue of ¥35,787 million, up 5.5% from the previous consolidated fiscal year. In terms of profit, strategic order acquisition focused on air-conditioning installation work had an effect, but segment profit (operating profit) was ¥5,587 million, down 15.4% from the previous consolidated fiscal year due to the impact of higher raw-material and logistics costs.」

    The impact of higher raw material and logistics costs is reflected in actual results as a 15.4% year-on-year decline in operating profit in the Japan segment.
  9. FY2022-Q3MaterialisedAnnual report

    「Amid the impact of higher raw material costs and other factors, segment profit (operating profit) was ¥3,495 million, down 9.3% year on year.」

    Higher raw material costs are reflected in actual results as a factor behind the decline in operating profit in the Japan segment.
  10. FY2022-Q2MaterialisedAnnual report

    「Due mainly to higher raw material prices, segment profit (operating profit) was ¥1,929 million, down 0.5% year on year.」

    Higher raw material prices are reflected in actual results as a factor behind the decline in operating profit in the Japan segment.
  11. FY2022-Q1MaterialisedAnnual report

    「Profit was affected by intensifying price competition and higher material costs, resulting in a segment loss (operating loss) of ¥161 million, compared with a segment loss of ¥170 million in the same quarter of the previous year.」

    Higher material costs are reflected in actual results as a factor contributing to the operating loss in the Asia segment, including China.
  12. FY2020RestatedAnnual report

    「Our group seeks to reduce uncertainty, including sharp price fluctuations, by diversifying its use of futures transactions for key raw materials.」

    It describes the use of diversified futures transactions to address the risk of price fluctuations in raw materials such as copper and aluminum.
  13. FY2019RestatedAnnual report

    「Japan's working-age population continues to decline, and labor shortages in various areas are expected to drive labor costs higher over the long term.」

    In addition to raw material price fluctuations, it has reaffirmed the risks of labor shortages and higher labor costs, as well as responses through work-style reforms and automation.
  14. FY2018WorsenedAnnual report

    「Price fluctuations in key raw materials and higher labor costs due to labor shortages」

    In addition to the conventional risk of raw material price fluctuations, declining working-age population, labor shortages, and higher labor costs have been identified as long-term factors putting pressure on profitability.
  15. FY2016First statedAnnual report

    「The prices of the key raw materials used in our group's products fluctuate under the influence of international economic conditions and other factors.」

    It assumes that profitability could be squeezed if increases in raw material prices cannot be reflected in product prices.
Moved together

"Downside to Asian business performance due to China's economic slowdown" moved the same way as this thread, in the same document, in 9 of its 19 moves.

976532★123456
  1. ★This thread
  2. 1Downside to Asian business performance due to China's economic slowdown9×
  3. 2Parts Supply Risk Due to Supply Chain Disruptions7×
  4. 3Intensifying Price Competition in the Commercial Air-Conditioning Equipment Market6×
  5. 4Risk of declining demand due to construction-related capital investment and economic recession5×
  6. 5Expansion of the China Business3×
  7. 6Addressing soaring raw material prices through selling price revisions2×

★ 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
No upcoming earnings preview for Sinko Industries yet. It last moved in the Earnings presentation of 2026-08-06: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of fluctuations in key raw material prices | SINKO INDUSTRIES LTD. (6458) | Komori