Reflecting Higher Raw Material and Energy Costs in Selling Prices
First written in FY2023-Q3. 2 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 2 of 17 companies on the "Worse" side.
69 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Although revenue declined due to lower production and sales volumes at automakers, profit increased as a result of production rationalization and efforts to optimize selling prices.」
The company presents its pass-through efforts as selling price optimization at the FALTEC Group, alongside production rationalization, and explains them as factors behind higher profit despite lower revenue. - FY2024-Q2RestatedAnnual report
「Under these business conditions, the Group's revenue and earnings for the cumulative second-quarter consolidated period increased year on year, as strong domestic sales and continued progress in cost reduction initiatives and passing through higher raw material and energy prices outweighed the impact of the slowdown in the Chinese economy.」
The company explains that it continued to reflect higher raw material and energy prices in selling prices, and that this progress, together with cost-reduction activities, contributed to higher revenue and profit. - FY2024-Q1AdvancedAnnual report
「Under these business conditions, the Group's revenue and earnings for the cumulative first-quarter consolidated period were affected by the delayed recovery of the Chinese economy. However, strong sales in Japan and ASEAN, along with progress in cost reduction initiatives and passing through higher raw material and energy prices, resulted in higher revenue and higher earnings year on year.」
The company explains that progress in reflecting higher raw material and energy prices in selling prices, together with cost-reduction activities, contributed to higher revenue and profit year on year. - FY2023RestatedAnnual report
「Although we pursued cost-reduction activities and efforts to reflect higher selling prices globally, profit declined year on year due to soaring expenses including raw material, energy, transportation and labor costs, as well as stagnation in the Chinese market.」
The company explains that it continues to reflect higher costs globally in selling prices as a measure to address rising costs for raw materials, energy and other items. - FY2023-Q3First statedAnnual report
「Although we have been working to reflect these costs in selling prices」
For the first time, the Company explicitly identified passing through higher raw-material, energy and other costs in selling prices as a response measure.