Risk of being unable to pass higher material costs through to product prices
First written in FY2018. 4 of 7 entries say "Restated". Latest entry: FY2026.
Nfk Holdings moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2021: 29 of 49 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In the Group’s electronics business, foreign exchange fluctuations and higher raw material prices may affect profitability.」
In addition to the existing risk in the industrial furnace business of being unable to pass higher material prices through to product prices, profitability risk arising from foreign exchange fluctuations and raw material prices was added for the electronics business. - FY2024RestatedAnnual report
「If suppliers’ costs rise due to surging crude oil prices, foreign exchange fluctuations or other reasons, the Group’s product costs may also rise, and if it cannot pass these increases through to product prices, its performance may be adversely affected.」
The risk arising from higher material costs and an inability to pass them through to product prices continues to be disclosed. - FY2022WorsenedAnnual report
「In addition to higher crude oil and raw material prices,」
The increase in costs due to higher crude oil and raw material prices is described as part of the actual business environment, indicating an increased risk from higher material prices. - FY2021RestatedAnnual report
「If suppliers’ costs rise due to surging crude oil prices, foreign exchange fluctuations or other reasons, the Group’s product costs may also rise, and if it cannot pass these increases through to product prices, its performance may be adversely affected.」
The risk of earnings deterioration due to higher material costs and an inability to pass them through to product prices is reiterated. - FY2020RestatedAnnual report
「If suppliers’ costs rise due to surging crude oil prices, foreign exchange fluctuations or other reasons, the Group’s product costs may also rise, and if it cannot pass these increases through to product prices, its performance may be adversely affected.」
The risk arising from higher material costs and an inability to pass them through to product prices is reiterated. - FY2019RestatedAnnual report
「If suppliers’ costs rise due to surging crude oil prices, foreign exchange fluctuations or other reasons, the Company’s product costs may also rise, and if it cannot pass these increases through to product prices, its performance may be adversely affected.」
The risk of earnings deterioration due to higher material costs and an inability to pass them through to product prices is reiterated. - FY2018First statedAnnual report
「If suppliers’ costs rise due to surging crude oil prices, foreign exchange fluctuations or other reasons, the Company’s product costs may also rise, and if it cannot pass these increases through to product prices, its performance may be adversely affected.」
The company identifies for the first time the risks of higher material costs, including metal products, and earnings deterioration caused by an inability to pass those costs through to product prices.