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Nitto Kogyo (6651) · RiskMaterialisedLatest Other Disclosures (2026-09-28): "Worsened"

Rising Raw Material Prices

First written in FY2016. 6 of 22 entries say "Worsened", first in FY2022-Q2. Latest entry: 2026-09-28.

22entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20212016: 120162017: 120172018: 120182019: 120192020: 120202021: 320212022: 420222023: 320232024: 220242025: 220252026: 32026
Same theme, other companies
Raw Material Price and Procurement Risks for Metals, Resins and Other MaterialsA theme 73 companies write about · 73 as a headwind · 0 as a tailwind

Nitto Kogyo 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: 27 of 53 companies on the "Worse" side.

18 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 73 companies compared. The sentences above are computed from all 73.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-28WorsenedOther Disclosures

    「Prices of key raw materials and purchased equipment continue to rise due to the effects of the increasingly tense situation overseas.」

    The continued rise in prices of key raw materials and purchased equipment was identified as a reason for the price revisions, as the cost increases are difficult to absorb through the company’s own efforts alone.
  2. FY2026MaterialisedAnnual report

    「The escalating situation in the Middle East has begun to affect materials procurement, resulting in an uncertain business environment.」

    Regarding raw material and materials prices and procurement risks, the company states that the situation in the Middle East has begun to affect materials procurement, indicating that external factors are now having an actual impact on procurement conditions.
  3. 2026-05-15WorsenedEarnings

    「In addition to expectations of significant increases in the costs of various components and other items, concern remains over the effects of persistent labor shortages at construction sites.」

    The outlook continues to identify the risk of substantially higher component costs and rising prices and procurement costs.
  4. FY2026-H1WorsenedAnnual report

    「Private non-residential construction and machinery orders also stalled in their recovery, while further increases in component prices and the chronic nature of labor shortages at construction sites resulted in an uncertain business environment.」

    Separately from the easing of supply constraints, the company states that component prices have risen further, indicating that the risk of higher raw material and component prices is intensifying.
  5. FY2025Supply constraints ease, but raw material prices and logistics costs continue to have an impactAnnual report

    「Although risks related to tight supply are easing, difficulties in procuring components and sharply higher raw material prices continue to affect part of the Group's supply chain.」

    While supply constraints are easing, the impact of difficulties in procuring components and sharply higher raw material prices continues in parts of the supply chain. Longer delivery times and higher transportation costs are also expected.
  6. FY2025-H1WorsenedAnnual report

    「In addition, the prolonged surge in raw material prices resulted in a business environment in which concerns about the outlook remained.」

    Separately from the previous easing of procurement difficulties, the company states that the surge in raw material prices has been prolonged.
  7. FY2024-Q3RestatedAnnual report

    「Although the impact of difficulty procuring components has eased, new housing starts remained weak, while the recovery in machinery orders and the number of privately owned non-residential buildings stalled, leaving uncertainty regarding the outlook.」

    The company continues to state that the impact of difficulties in procuring components has eased, while uncertainty remains regarding domestic demand and the overall business environment.
  8. FY2024-Q2MitigatedAnnual report

    「Although the impact of difficulty procuring components has eased, new housing starts have recently weakened, while the recovery in machinery orders and the number of privately owned non-residential buildings has stalled, leaving uncertainty regarding the outlook.」

    The company states that the impact of difficulties in procuring raw materials and components has eased, but that uncertainty remains in the overall business environment.
  9. FY2023Expanded response to procurement difficulties and higher logistics costsAnnual report

    「This risk has affected part of the Group's supply chain due to the global semiconductor shortage, the lockdown in Shanghai and Russia's invasion of Ukraine, among other factors.」

    Supply constraints due to the semiconductor shortage, the Shanghai lockdown and the situation in Ukraine have continued. In addition to diversifying suppliers, securing inventory, changing specifications and joint procurement, the company identifies establishing a new distribution center and improving delivery efficiency as response measures.
  10. FY2023-Q3MaterialisedAnnual report

    「As a result, revenue was ¥104,985 million, up 9.5% year on year. Meanwhile, due in part to the significant impact of sharply higher raw material prices, operating profit was ¥5,326 million, down 21.5%, ordinary profit was ¥6,096 million, down 15.5%, and profit attributable to owners of the parent for the quarter was ¥3,769 million, down 25.1%.」

    The impact of sharply higher raw material prices materialized in results, with operating profit down 21.5%, ordinary profit down 15.5% and profit attributable to owners of the parent for the quarter down 25.1%, despite higher revenue.
  11. FY2023-Q2MaterialisedAnnual report

    「As a result, revenue was ¥65,601 million, up 7.5% year on year. Meanwhile, due in part to the significant impact of sharply higher raw material prices, operating profit was ¥2,171 million, down 44.4%, ordinary profit was ¥2,955 million, down 27.2%, and profit attributable to owners of the parent for the quarter was ¥1,698 million, down 35.2%.」

    The impact of sharply higher raw material prices has continued to materialize in results, with operating profit down 44.4%, ordinary profit down 27.2% and profit attributable to owners of the parent for the quarter down 35.2%, despite higher revenue.
  12. FY2023-Q1MaterialisedAnnual report

    「As a result, revenue was ¥30,578 million, up 2.8% year on year. Meanwhile, due to the significant impact of sharply higher raw material prices, operating profit was ¥335 million, down 83.0%, ordinary profit was ¥888 million, down 56.9%, and profit attributable to owners of the parent for the quarter was ¥386 million, down 66.4%.」

    The impact of sharply higher raw material prices materialized in lower consolidated operating profit and other results, with operating profit down 83.0% year on year.
  13. FY2022WorsenedAnnual report

    「This risk has affected part of the Group's supply chain due to the global semiconductor shortage and the lockdown in Shanghai, among other factors.」

    The risk of higher raw material prices and supply shortages materialized through the impact of the semiconductor shortage and the Shanghai lockdown on the supply chain, while sharply higher raw material prices pushed down operating profit.
  14. FY2022-Q3RestatedAnnual report

    「In addition, due in part to the impact of sharply higher raw material prices, operating profit was ¥6,786 million, down 27.7% year on year, ordinary profit was ¥7,210 million, down 24.7%, and profit attributable to owners of the parent for the quarter was ¥5,031 million, down 19.8%.」

    The impact of sharply higher raw material prices continues to be specifically reflected in lower consolidated operating profit and other results.
  15. FY2022-Q2WorsenedAnnual report

    「As a result, revenue in the electrical and information infrastructure-related manufacturing, construction and services business was ¥36,104 million, up 0.9% year on year. Meanwhile, segment profit (operating profit) was ¥2,651 million, down 36.8%, due to lower marginal profit resulting from lower standalone revenue at NITTO KOGYO CORPORATION, the impact of sharply higher raw material prices, and increases in selling, general and administrative expenses and other costs.」

    In addition to tight supply and demand for raw materials, sharply higher raw material prices have had a specific negative impact on profit in the manufacturing, construction and services business.
  16. FY2022-Q1MaterialisedAnnual report

    「In addition, as tighter supply and demand for raw materials led to an increase in advance orders intended to build up inventory, revenue was ¥3,334 million, up 28.6% year on year, while segment profit (operating profit) was ¥454 million, up 497.1%.」

    Tight supply and demand for raw materials affected actual business activity, as reflected in an increase in advance orders intended to build up inventory.
  17. FY2021Raw material procurement risk listed again as a standalone itemAnnual report

    「If procurement prices rise sharply or supply becomes tight due to international political and economic conditions and trends in commodity markets, this could affect the financial condition and operating results of the Group.」

    The risk of higher raw material prices and supply shortages, which had disappeared as a standalone disclosure in the previous filing, has been listed again. Diversifying suppliers, securing inventory, changing specifications and joint procurement are identified as response measures.
  18. FY2020DroppedAnnual report
    The business and other risks in this filing do not explicitly identify higher raw material prices as a standalone risk.
  19. FY2019RestatedAnnual report

    「Higher procurement prices for raw materials and other items due to international political and economic conditions and trends in commodity markets could affect the financial condition and operating results of the Group.」

    The company continues to identify the risk of higher prices for raw materials such as iron, stainless steel, resin materials and copper products.
  20. FY2018RestatedAnnual report

    「Higher procurement prices for raw materials and other items due to international political and economic conditions and trends in commodity markets could affect the financial condition and operating results of the Group.」

    The company continues to identify the risk of higher prices for raw materials such as iron, stainless steel, resin materials and copper products.
  21. FY2017RestatedAnnual report

    「Higher procurement prices for raw materials and other items due to international political and economic conditions and trends in commodity markets could affect the financial condition and operating results of the Group.」

    The company continues to disclose the risk of higher procurement prices for iron, stainless steel, resin materials and copper products.
  22. FY2016First statedAnnual report

    「Higher procurement prices for raw materials and other items due to international political and economic conditions and trends in commodity markets could affect the financial condition and operating results of the Group.」

    The company identifies higher procurement prices for iron, stainless steel, resin materials and copper products as a risk.
Moved together

"Delays in the Supply of Components and Various Equipment Due to Semiconductor Shortages" moved the same way as this thread, in the same document, in 5 of its 22 moves.

53332★12345
  1. ★This thread
  2. 1Delays in the Supply of Components and Various Equipment Due to Semiconductor Shortages5×
  3. 2Dependence on Domestic Economic Conditions and Capital Investment Trends3×
  4. 3Geopolitical and Foreign Exchange Risks Associated with Overseas Expansion3×
  5. 4Impact of COVID-19 on demand and supply chains3×
  6. 5Capital and R&D Investment Primarily Funded Internally2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Nitto Kogyo yet. It last moved in the Other Disclosures of 2026-09-28: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Rising Raw Material Prices | NITTO KOGYO CORPORATION (6651) | Komori