Higher Raw Material Costs, Including Steel Products
First written in FY2017. 11 of 29 entries say "Materialised", first in FY2019-Q2. Latest entry: 2026-10-30.
Ntn moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2021: 15 of 32 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Although the decline in scale and other factors had an impact, operating profit was ¥31,034 million, up 35.2% from the previous consolidated fiscal year, due to the pass-through to selling prices and reductions in variable costs, among other factors.」
Although higher costs for steel and other materials and the impact of tariffs continued, operating profit increased 35.2% year on year due to the pass-through to selling prices and reductions in variable costs. - FY2026-H1MitigatedAnnual report
「Net sales for the six-month consolidated period were ¥402,256 million, down 2.8% year on year. Although operating profit was affected by the decline in scale and other factors, it was ¥12,865 million, up 29.3% year on year, due to the pass-through to selling prices and reductions in variable and fixed costs.」
Operating profit increased 29.3% year on year despite lower net sales, due to the pass-through to selling prices and reductions in variable and fixed costs. - FY2025ReframedAnnual report
「The Group exports products and semi-finished products overseas by sea. If logistics costs such as ocean freight rise or tariff rates change, the Group seeks to reduce the impact on profits by reflecting these changes in product prices and reviewing its supply chain. If raw material prices, logistics costs or tariff rates rise beyond expectations, this may affect the Group's financial position, results of operations and cash flows.」
In addition to the existing risk of higher steel prices, the Company identifies changes in ocean freight and other logistics costs and tariff rates, with reflecting these changes in product prices and reviewing the supply chain presented as countermeasures. - FY2025-H1MitigatedAnnual report
「Although the decline in scale and other factors had an impact, operating profit was ¥9,949 million, up 47.1% year on year, due to the pass-through to selling prices and reductions in variable costs, among other factors.」
In response to higher raw material prices and other factors, operating profit increased 47.1% year on year due to the pass-through to selling prices and reductions in variable costs. - FY2024-Q3MitigatedAnnual report
「Despite efforts to pass on increases in steel prices to selling prices, among other measures, the segment recorded a loss of ¥2,453 million, compared with a segment loss of ¥7,230 million in the same period of the previous year.」
In the Americas, higher steel prices continued to weigh on results, but the segment loss narrowed from ¥7,230 million in the same period of the previous year to ¥2,453 million, partly due to advances in passing on the increases to selling prices. - FY2024-Q2MaterialisedAnnual report
「Despite efforts to pass on increases in steel prices to selling prices, among other measures, the segment recorded a loss of ¥2,381 million, compared with a segment loss of ¥5,372 million in the same period of the previous year.」
In the Americas segment, the Company advanced the pass-through of steel price increases to selling prices, but recorded a segment loss of ¥2,381 million. The loss narrowed from the same period of the previous year, but the impact of higher raw material prices continues. - FY2024-Q1MaterialisedAnnual report
「Although steel prices and fixed costs increased, operating profit was ¥1,490 million, compared with an operating loss of ¥783 million in the same period of the previous year, due to the pass-through to selling prices and other factors.」
Increases in steel prices and fixed costs continued, and although the Company is advancing price increases, the risk of higher raw material prices is affecting results. - FY2023MaterialisedAnnual report
「Net sales for the consolidated fiscal year were ¥773,960 million, up 20.6% from the previous consolidated fiscal year. Although steel prices and fixed costs increased, mainly in markets serving the automotive industries in Europe and the United States, operating profit was ¥17,145 million, reflecting the pass-through to selling prices, scale and foreign exchange effects, among other factors.」
Rising steel prices put pressure on profits from the European and U.S. automotive markets, and higher costs continued to affect results even as the Company advanced price increases. - FY2023-Q3MaterialisedAnnual report
「Despite the impact of scale and other factors, the increase in steel prices and fixed costs has so far occurred ahead of the effect of price increases, resulting in a segment loss of ¥7,230 million, compared with a segment loss of ¥6,902 million in the same period of the previous year.」
In the Americas segment, increases in steel prices preceded the pass-through to selling prices, and the segment loss increased from the same period of the previous year together with higher fixed costs. - FY2023-Q2MaterialisedAnnual report
「Despite the impact of scale and other factors, the increase in steel prices and fixed costs has so far occurred ahead of the effect of price increases, resulting in a segment loss of ¥5,372 million, compared with a segment loss of ¥4,034 million in the same period of the previous year.」
In the Americas segment, increases in steel prices preceded the pass-through to selling prices, and the segment loss increased from ¥4,034 million in the same period of the previous year to ¥5,372 million, together with higher fixed costs. The impact of steel price increase risk is now appearing in the results. - FY2023-Q1WorsenedAnnual report
「Although the Company passed on increases in steel prices and fixed costs to selling prices, among other measures, the increase in costs has so far occurred ahead of the effect of these price increases. Operating loss was ¥783 million, compared with operating profit of ¥1,654 million in the same period of the previous year; ordinary profit was ¥10 million, down 99.6% year on year; and net loss attributable to owners of the parent was ¥2,487 million, compared with net income attributable to owners of the parent of ¥1,184 million in the same period of the previous year.」
Although the Company passed on increases in steel prices and fixed costs to selling prices, the increase in costs occurred first, resulting in an operating loss and a quarterly net loss attributable to owners of the parent on a company-wide basis. - FY2022MaterialisedAnnual report
「Revenue for the fiscal year increased substantially from the previous consolidated fiscal year, which was extremely challenging, but was significantly below the initial forecast due to the impact of the semiconductor shortage and other factors, totaling ¥178,643 million, up 25.0% from the previous consolidated fiscal year. Segment profit and loss deteriorated from the previous consolidated fiscal year, as the impact of higher steel prices and increased fixed costs outweighed the benefits of higher sales volumes, resulting in a segment loss of ¥7,427 million, compared with a segment loss of ¥2,803 million in the previous consolidated fiscal year.」
Rising steel prices, together with higher fixed costs and other factors, increased the loss in the Americas segment. - FY2022-Q3MaterialisedAnnual report
「Segment profit and loss deteriorated from the same period of the previous year, as the impact of higher steel prices and increased fixed costs outweighed the benefits of higher sales volumes, resulting in a segment loss of ¥6,902 million, compared with a segment loss of ¥3,313 million in the same period of the previous year.」
In the Americas segment, higher steel prices, together with increased fixed costs and other factors, pressured profit and expanded the segment loss from the same period of the previous year. - FY2022-Q2MaterialisedAnnual report
「Segment profit and loss deteriorated from the same period of the previous year, as the impact of higher steel prices and increased fixed costs outweighed the benefits of higher sales volumes, resulting in a segment loss of ¥4,034 million, compared with a segment loss of ¥3,444 million in the same period of the previous year.」
In the Americas segment, higher steel prices, together with increased fixed costs and other factors, pressured profit and expanded the segment loss from the same period of the previous year. - FY2021RestatedAnnual report
「The Group is responding to higher steel prices, which account for a significant proportion of material costs, by passing them through to the prices of some products, improving yields and reducing material costs through VA and VE activities. However, price increases exceeding expectations could affect financial position, operating results and cash flows.」
Continued to identify the risk of higher steel prices and pursue countermeasures including passing costs through to product prices, improving yields and VA and VE activities. - FY2021-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
Stated that there had been no material changes regarding the risk of higher raw material prices, including steel. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
Stated that there had been no material changes regarding the risk of higher raw material prices, including steel. - FY2020-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
Stated that there had been no material changes regarding the risk of higher raw material prices, including steel. - FY2019MaterialisedAnnual report
「Operating profit was ¥8,655 million, down 60.3% from the previous consolidated fiscal year, due to higher steel prices and US tariff rates, increased fixed costs and other factors.」
Higher steel prices, together with higher US tariff rates and other factors, reduced operating profit from automotive-market business, resulting in a 60.3% year-on-year decline. - FY2019-Q3MaterialisedAnnual report
「Segment profit was ¥2,745 million, down 49.0% year on year, despite benefits from higher sales, due to higher steel prices and tariff rates, increased fixed costs and other factors.」
Higher steel prices reduced Americas segment profit, contributing to a 49.0% year-on-year decline in profit. The impact of the risk of higher steel prices was reflected in actual results. - FY2019-Q2MaterialisedAnnual report
「Segment profit was ¥2,626 million, down 29.1% year on year, despite benefits from higher sales, due to higher steel prices and tariff rates, increased fixed costs and other factors.」
Stated that higher steel prices pressured profit in the Americas segment, with the impact of the risk of higher steel prices reflected in actual results. Higher tariff rates were also cited as a factor behind the decline in profit. - FY2019-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
Stated that there had been no material changes regarding the risk of higher raw material prices, including steel. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
Stated that there had been no material changes regarding the risk of higher raw material prices, including steel. - FY2018-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
Stated that there had been no material changes regarding the risk of higher raw material prices, including steel. - FY2017First statedAnnual report
「The Group is responding to higher steel prices, which account for a significant proportion of material costs, by passing them through to the prices of some products, improving yields and reducing material costs through VA and VE activities. However, price increases exceeding expectations could affect operating results and financial position.」
Identified higher steel prices as a risk and described countermeasures including passing costs through to product prices, improving yields and pursuing VA and VE activities.