Improving the profitability of the special steel business through higher selling prices
First written in FY2018-Q3. 12 of 21 entries say "Advanced", first in FY2018. Latest entry: 2026-04-06.
The whole theme swung hardest in 2020: 2 of 17 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- 2026-04-06RestatedEarnings
「As a result of efforts including passing higher raw material costs on to selling prices」
The company continues measures to improve profitability, including passing higher raw material costs on to selling prices. - FY2024-Q2AdvancedAnnual report
「In Other businesses, net sales were ¥7,914 million, down 4.1% year on year, owing to a decline in domestic demand for specialty steel. Operating income, however, was ¥505 million, up 8.4%, owing to the pass-through of higher raw material costs into selling prices, among other factors.」
Despite declining domestic specialty steel demand, operating income increased 8.4% year on year owing to the pass-through of higher raw material costs into selling prices. - FY2024-Q1AdvancedAnnual report
「In Other businesses, net sales were ¥3,954 million, down 4.5% year on year, owing to a decline in domestic demand for specialty steel. Operating income, however, was ¥303 million, up 22.5%, owing to the pass-through of higher raw material costs into selling prices, among other factors.」
Despite a decline in domestic specialty steel demand, operating income increased 22.5% year on year owing to the pass-through of higher raw material costs into selling prices. - FY2023RestatedAnnual report
「In Other businesses, net sales were ¥16,501 million, up 0.5% year on year, owing to higher selling prices, despite a slowdown in demand for specialty steel in China.」
The company continues to raise specialty steel selling prices, but profit declined owing to slower demand in China and higher rare metal and energy prices. - FY2023-Q3RestatedAnnual report
「In Other businesses, net sales were ¥12,399 million, up 2.1% year on year, owing to a recovery in specialty steel demand and higher selling prices, among other factors. Operating income was ¥722 million, down 29.4%, owing to higher prices for certain rare metals and energy and increased fixed costs.」
The company continues to pursue a recovery in specialty steel demand and higher selling prices, but operating income fell 29.4% year on year owing to higher rare metal and energy prices and increased fixed costs. - FY2023-Q2RestatedAnnual report
「In Other businesses, revenue was ¥8.250 billion, up 3.8% year on year, due mainly to a recovery in demand for special steel and higher selling prices. Operating profit was ¥466 million, down 27.3%, due to soaring raw material and energy prices and higher fixed costs, including personnel expenses.」
The company continues to pursue a recovery in specialty steel demand and higher selling prices, but operating income fell 27.3% year on year owing to higher raw material and energy prices and increased fixed costs. - FY2023-Q1AdvancedAnnual report
「In Other businesses, net sales were ¥4,141 million, up 9.6% year on year, and operating income was ¥247 million, up 5.6%, owing to a recovery in specialty steel demand and higher selling prices, among other factors.」
Profitability improvements from a recovery in specialty steel demand and higher selling prices continued in the first quarter, with net sales up 9.6% and operating income up 5.6%. - FY2022AdvancedAnnual report
「In Other businesses, revenue was ¥16.426 billion, up 27.5% year on year, and operating profit was ¥1.396 billion, 14.1 times the year-earlier level, due mainly to a recovery in demand for special steel and higher selling prices.」
Profitability improvements in the specialty steel business, including higher selling prices, progressed for the full year, with operating income reaching 14.1 times the year-earlier level. - FY2022-Q3AdvancedAnnual report
「In Other businesses, revenue was ¥12.143 billion, up 30.1% year on year, and operating profit was ¥1.022 billion, 39.2 times the year-earlier level, due mainly to a recovery in demand for special steel and higher selling prices.」
A recovery in specialty steel demand and profitability improvements from higher selling prices progressed, with operating income reaching 39.2 times the year-earlier level. - FY2022-Q2AdvancedAnnual report
「In Other Businesses, sales were ¥7.951 billion, up 32.4% year on year, due to a recovery in specialty steel demand and higher selling prices, while operating income was ¥641 million, compared with an operating loss of ¥45 million in the same period of the previous year.」
A recovery in specialty steel demand and profitability improvements from higher selling prices progressed, with operating income improving from an operating loss in the year-earlier period to ¥641 million. - FY2022-Q1AdvancedAnnual report
「In Other Businesses, sales were ¥3.778 billion, up 37.2% year on year, and operating income was ¥234 million, 11.6 times the previous year's level, due to a recovery in specialty steel demand and higher selling prices.」
A recovery in specialty steel demand and profitability improvements from higher selling prices progressed in the first quarter, with operating income reaching 11.6 times the year-earlier level. - FY2021-Q1Deterioration in profitability improvements in the specialty steel businessAnnual report
「In Other Businesses, sales were ¥2.754 billion, down 25.4% year on year, and operating income was ¥20 million, down 92.9%, due to sluggish specialty steel demand and other factors.」
The description has shifted from profitability improvements through higher selling prices in the previous fiscal year to lower net sales and operating income owing to sluggish specialty steel demand. - FY2020-Q3SoftenedAnnual report
「In Other businesses, net sales were ¥10,120 million, down 26.2% year on year, and operating income was ¥569 million, down 59.8%, owing to lower selling prices for specialty steel following declines in raw material prices, among other factors.」
The description continues to shift from profitability improvements through higher selling prices to lower specialty steel selling prices following declines in raw material prices, accompanied by lower net sales and operating income. - FY2020-Q2SoftenedAnnual report
「In Other businesses, net sales were ¥7,230 million, down 22.9% year on year, and operating income was ¥411 million, down 59.3%, owing to lower selling prices for specialty steel following declines in raw material prices, among other factors.」
The description continues to shift from profitability improvements through higher specialty steel selling prices to lower selling prices following declines in raw material prices, accompanied by lower net sales and operating income. - FY2020-Q1SoftenedAnnual report
「In Other businesses, net sales were ¥3,691 million, down 20.6% year on year, and operating income was ¥283 million, down 42.6%, owing to lower selling prices for specialty steel following declines in raw material prices, among other factors.」
The description has shifted from profitability improvements through higher specialty steel selling prices to lower selling prices following declines in raw material prices, accompanied by lower net sales and operating income. - FY2019AdvancedAnnual report
「In Other Businesses, sales were ¥18.285 billion, up 3.3% from the previous fiscal year, and operating income was ¥1.740 billion, up 29.0%, due to higher selling prices for specialty steel and other factors.」
Profitability improvements in the specialty steel business, including higher selling prices, progressed for the full year, with operating income up 29.0% year on year. - FY2019-Q3AdvancedAnnual report
「In Other businesses, net sales were ¥13,705 million, up 3.7% year on year, and operating income was ¥1,417 million, up 23.4%, owing to firm demand for specialty steel and higher selling prices, among other factors.」
Profitability improvements from firm specialty steel demand and higher selling prices progressed through the first 3 quarters, with net sales up 3.7% and operating income up 23.4%. - FY2019-Q2AdvancedAnnual report
「In Other Businesses, sales were ¥9.382 billion, up 7.9% year on year, and operating income was ¥1.011 billion, up 23.6%, due to solid demand for specialty steel and higher selling prices.」
Profitability improvements in the specialty steel business, including higher selling prices, progressed through the first half, with net sales up 7.9% and operating income up 23.6%. - FY2019-Q1AdvancedAnnual report
「In Other businesses, net sales were ¥4,650 million, up 13.7% year on year, and operating income was ¥493 million, up 13.2%, owing to a recovery in demand for specialty steel and higher selling prices, among other factors.」
Profitability improvements from a recovery in specialty steel demand and higher selling prices continued in the first quarter, with net sales and operating income increasing year on year. - FY2018AdvancedAnnual report
「In Other Businesses, sales were ¥17.703 billion, up 20.2% from the previous fiscal year, and operating income was ¥1.349 billion, up 72.4%, due to a recovery in specialty steel demand and higher selling prices.」
Profitability improvements in the specialty steel business, including higher selling prices, progressed for the full year, with net sales up 20.2% and operating income up 72.4%. - FY2018-Q3First statedAnnual report
「In Other Businesses, sales were ¥13.220 billion, up 22.9% year on year, and operating income was ¥1.148 billion, up 85.5%, due to a recovery in demand for specialty steel and higher selling prices.」
For the specialty steel business, the company has for the first time identified higher selling prices, alongside a recovery in demand, as a means of improving profitability.