Passing higher raw material and import costs through to selling prices
First written in FY2023-Q1. 5 of 10 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Although some large projects had low gross margins, profitability improved because the Company secured a certain profit margin on other projects by passing higher costs through to selling prices. Despite an increase in selling, general and administrative expenses, segment profit increased year on year as a result of higher sales and improved profit margins.」
In the CTO business, the Company passed higher costs through to selling prices and, despite some low-margin projects, secured a certain profit margin on other projects, leading to improved profitability and higher profit. - FY2026-H1AdvancedAnnual report
「Although some large projects had low gross margins, profitability improved because the Company secured a certain profit margin on other projects by passing higher costs through to selling prices. Despite an increase in selling, general and administrative expenses, segment profit increased year on year as a result of higher sales and improved profit margins.」
In the CTO business, the Company secured a certain profit margin through pass-through and other measures, leading to improved profitability and a year-on-year increase in segment profit. - FY2024-Q3RestatedAnnual report
「Although import costs have been rising as the yen depreciates, segment profit was recorded as a result of passing higher costs through to customers and working to reduce selling, general and administrative expenses.」
In the CTO business, the Company passed higher import costs through to customers and reduced selling, general and administrative expenses, resulting in segment profit. - FY2024-Q2Insufficient pass-through in HPC and improved CTO profitabilityAnnual report
「Although the Company is working to pass higher import costs resulting from the depreciation of the yen through to customers, the pass-through was insufficient for some projects, resulting in low profitability. In terms of profitability, although import costs have been rising as the yen depreciates, profitability improved as a result of passing higher costs through to customers and the stabilisation of raw material prices.」
The policy of passing higher costs through to selling prices continues. In the HPC business, however, pass-through was insufficient for some projects, while profitability in the CTO business improved through pass-through and other measures. - FY2024-Q1AdvancedAnnual report
「Although import costs have been rising as the yen depreciates, the Company was able to secure a certain profit margin by passing the higher costs through to customers.」
The execution of a measure in the HPC business to pass higher import costs through to customers and secure a certain profit margin was described. - FY2023RestatedAnnual report
「Although the Company is working to pass higher costs through to selling prices, negotiations with customers have resulted in a certain time lag before the costs can be passed through.」
The policy of passing higher raw material and resource prices and higher import costs resulting from the depreciation of the yen through to selling prices continues, but a time lag resulting from customer negotiations was noted. - FY2023-Q2Delay in passing through higher costs and customer requests for cost reductionsAnnual report
「Although the Company is working to pass higher costs through to selling prices, this requires customer understanding and there is a certain time lag before the costs can be passed through. Meanwhile, the business environment surrounding the Company has changed significantly, with some customers requesting cost reductions in response to rising raw material prices.」
The policy of passing higher costs through to selling prices continues, but customer understanding is required and there is a certain time lag. In addition, some customers have begun requesting cost reductions. - FY2023-Q1First statedAnnual report
「Although the Company is working to pass higher costs through to selling prices, this requires customer understanding and there is a certain time lag before the costs can be passed through.」
In response to higher raw material and resource prices and higher import costs resulting from the depreciation of the yen, the policy of passing higher costs through to selling prices was disclosed for the first time as an independent initiative. The Company explained that customer understanding is required and that there is a certain time lag before the costs can be passed through.