Difficulty passing higher materials costs through to product prices
First written in FY2018. 7 of 15 entries say "Materialised", first in FY2022-Q3. Latest entry: 2026-07-31.
Meidensha 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: 23 of 34 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- 2026-07-31MaterialisedEarnings
「エネルギー価格及び原材料価格の高騰が継続しており、世界経済や企業の投資動向への影響が懸念される」
エネルギー価格・原材料価格の高騰が継続している状況を、事業環境上の影響要因として記載している。 - FY2024-Q3MaterialisedAnnual report
「Against a backdrop of labor shortages in Japan's construction sector, instances of delays increased in some private-sector and public works projects, while pressure on earnings from higher materials costs continued to affect operating results.」
Pressure on earnings from higher materials costs continues to appear in operating results, and construction delays attributable to labor shortages in Japan's construction sector are also increasing. - FY2024-Q2RestatedAnnual report
「Although conditions relating to issues such as higher materials costs and longer lead times for various components have not worsened, their impact on operating results continued to emerge.」
While the conditions themselves regarding higher materials costs and longer component lead times have not worsened, their impact on operating results continues to emerge. - FY2024-Q1MaterialisedAnnual report
「There is still no sign that broad-based price increases are easing, and higher prices for the various commodities and components directly related to the Company's business activities, together with higher energy costs, continued to put downward pressure on earnings.」
Higher commodity and component prices and energy costs have continued to appear in the operating environment as downward pressure on earnings. - FY2023-Q3MaterialisedAnnual report
「Profit also declined, mainly because, in addition to lower profit accompanying decreases in revenue from the social systems and water infrastructure businesses, pressure on earnings from higher commodity and component prices emerged across the business segments.」
Pressure on earnings from higher commodity and component prices emerged across the business segments and became a factor contributing to lower profit. - FY2023-Q2MaterialisedAnnual report
「Profit also declined, mainly because, in addition to lower profit accompanying the decrease in revenue from the water infrastructure business, pressure on earnings from higher commodity and component prices emerged across the business segments.」
Pressure on earnings from higher commodity and component prices has continued to appear in actual results as lower profit across the social systems business segment. - FY2023-Q1MaterialisedAnnual report
「On the earnings side, profit declined as a result of various cost increases, including higher commodity and component prices.」
Higher commodity and component prices became drivers of cost increases and appeared in actual earnings as lower profit in the power infrastructure business. - FY2022-Q3MaterialisedAnnual report
「In addition, deteriorating availability and higher procurement prices for various components have made the profitability of each business, particularly the electric power solutions business, more challenging.」
Deteriorating component availability and higher procurement prices have emerged in the actual performance of each business as worsening profitability. - FY2022-Q2WorsenedAnnual report
「In addition, uncertainty about the outlook has persisted due to changes in the external environment, including supply-chain disruptions typified by shortages of semiconductors for automotive applications and rising commodity prices.」
Rising commodity prices are explicitly identified as a change in the external environment, making the risks related to higher raw-material prices and the difficulty of passing them through to product prices more specific. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there has been no material change in the existing risk that higher materials costs cannot be passed through to product prices. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there has been no material change in the risk that higher materials costs cannot be passed through to product prices. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there has been no material change in the risk that higher materials costs cannot be passed through to product prices. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there has been no material change in the risk that higher materials costs cannot be passed through to product prices. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there has been no material change in the risk that higher materials costs cannot be passed through to product prices. - FY2018First statedAnnual report
「If raw-material prices rise and it is difficult to reflect the increase in product prices, this may affect the Group's operating results and financial position.」
Rising raw-material prices and the difficulty of passing them through to product prices are described as risks to operating results and financial position.