Profit pressure from higher copper prices and increased purchases of products
First written in FY2018-Q1. 11 of 26 entries say "Worsened", first in FY2018-Q3. Latest entry: 2026-10-20.
Shirai Electronics Industrial moved to the "Worse" side of this theme in 2021, 3 years after the typical company in this theme (2018).
The whole theme swung hardest in 2018: 12 of 22 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2026WorsenedAnnual report
「Although the company continues efforts to reduce costs by improving production efficiency and cutting various expenses in response to higher raw material and energy costs, segment profit was ¥2,038 million, down 21.4% year on year.」
Higher raw material and energy costs continued to weigh on business profit despite ongoing cost reduction measures, and segment profit declined 21.4% year on year. - 2026-05-12WorsenedEarnings
「For the fiscal year ending March 2027, market conditions are expected to remain challenging, and cost-push inflation is expected to continue.」
The company expects cost-push inflation to continue and reaffirmed the pressure on profit from raw-material and energy prices and other factors. - FY2026-H1WorsenedAnnual report
「Although we continued efforts to reduce costs through improved production efficiency and various cost reductions in response to higher raw material and energy costs, segment profit was ¥1,064 million, down 10.1% from the same period of the previous year.」
Higher raw material and energy costs continued to weigh on actual operating profit, and segment profit in the printed circuit board business declined 10.1% year on year. - FY2025-H1RestatedAnnual report
「Meanwhile, the outlook remains uncertain due to continued increases in raw material and energy prices, as well as volatility in financial and capital markets and heightened tensions in the Middle East.」
The company states that raw material and energy prices continue to rise, reaffirming the previous risk of higher costs. - FY2024Added the continuation of yen depreciationAnnual report
「Japan's economy is progressing toward normalization of economic activity, but the outlook remains uncertain due to downside risks to overseas economies, continued high energy and raw-material prices, and the ongoing trend of yen depreciation.」
In addition to soaring energy and raw material prices, the continued trend toward yen depreciation was explicitly identified as a source of uncertainty in the business environment. - FY2024-Q3RestatedAnnual report
「The outlook remains uncertain, due to a downturn in overseas economies resulting from the impact of the prolonged Russia-Ukraine situation on fuel and raw material prices, trends in the Chinese economy, global monetary tightening and other factors.」
The impact of the prolonged Russia-Ukraine situation on fuel and raw material prices continues to be identified as a source of uncertainty regarding raw material and energy costs. - FY2023RestatedAnnual report
「A downturn in overseas economies due to global monetary tightening, and soaring energy and raw material prices resulting from the prolonged situation in Ukraine, among other factors,」
Soaring energy and raw material prices continue to be identified as sources of uncertainty in the business environment, along with monetary tightening and the prolonged situation in Ukraine. - FY2023-Q3WorsenedAnnual report
「During the third quarter of the current fiscal year, Japan's economy showed signs of recovery under the coexistence-with-COVID approach. However, downside risks to overseas economies from global monetary tightening posed a risk of putting downward pressure on Japan's economy, while the outlook remained uncertain due to supply-chain disruption and soaring resource prices.」
In addition to the previous risk of higher raw material prices, soaring resource prices and supply chain disruptions continue to be identified as sources of uncertainty in the operating environment. - FY2022WorsenedAnnual report
「Uncertainty remains due to rising raw material prices, fluctuations in foreign exchange rates and supply constraints arising from the supply chain,」
In addition to the risk of higher raw material prices, foreign exchange fluctuations and supply constraints arising from the supply chain were listed as sources of uncertainty in the operating environment. - FY2022-Q3WorsenedAnnual report
「However, in addition to the rapid spread of new mutant strains, the outlook remains uncertain due to elevated raw material prices, soaring transportation costs and supply chain disruptions resulting from the global semiconductor shortage.」
In addition to the previous risk of higher raw material prices, soaring transportation costs and supply chain disruptions were identified, broadening the sources of cost-related uncertainty. - FY2022-Q2RestatedAnnual report
「In the printed circuit board industry, demand for electronic components generally remains high, but raw material prices, particularly for copper and crude oil, continue to rise, and the industry remains in a difficult environment.」
While demand for electronic components remains high, soaring raw material prices, particularly for copper and crude oil, continue, and the industry remains in a difficult environment. - FY2022-Q1WorsenedAnnual report
「However, concerns are mounting over the risk of the spread of new mutant viruses and rising costs, including raw material and transportation costs, and the outlook remains uncertain.」
In addition to the previous risk of higher raw material prices, the company explicitly identified rising transportation and other costs and the spread of new mutant viruses as concerns, with uncertainty about the outlook continuing. - FY2020RestatedAnnual report
「Copper-clad laminates, the principal raw material for printed circuit boards, are produced using copper foil, glass cloth and resin. Accordingly, global copper prices for copper foil and trends in crude oil prices for resin may cause raw material prices to rise,」
The risk of higher raw material prices due to copper and crude oil prices continues to be disclosed as a business and other risk. - FY2019RestatedAnnual report
「Elevated raw material prices, particularly for copper, affected earnings,」
Elevated raw material prices, particularly for copper, continue to weigh on earnings. - FY2019-Q3RestatedAnnual report
「In operating results, although revenue increased, the cost of sales ratio rose due to the impact of soaring raw material prices and an increase in purchases of products,」
The rise in the cost of sales ratio due to soaring raw material prices and increased purchases of products continues to weigh on operating profit despite higher revenue. - FY2019-Q2WorsenedAnnual report
「In the printed circuit board industry, demand remains strong, particularly in the automotive electronics and IoT-related markets, but soaring raw material prices, including copper and crude oil, continue to weigh on earnings.」
In addition to copper, crude oil was explicitly identified as a raw material subject to price increases, and the rise in the manufacturing cost ratio resulted in an operating loss of ¥90 million. - FY2019-Q1WorsenedAnnual report
「Increase in the manufacturing cost ratio due to soaring raw material prices and other factors」
The increase in the manufacturing cost ratio due to soaring raw material prices and other factors was identified as the main reason the company posted an operating loss despite higher revenue. - FY2018RestatedAnnual report
「In operating results, although revenue increased, higher manufacturing costs due to soaring raw material prices and other factors, along with an increase in selling, general and administrative expenses, resulted in operating profit of ¥438 million, a decline of ¥238 million, or 35.2%, from the previous fiscal year.」
The increase in manufacturing costs due to soaring raw material prices and other factors continued to weigh on full-year operating profit, which declined 35.2% despite higher revenue. - FY2018-Q3WorsenedAnnual report
「In terms of operating earnings, although sales increased, manufacturing costs rose due to higher variable and fixed costs related to circuit boards, and selling, general and administrative expenses also increased. As a result, operating profit was ¥401 million, down ¥34 million (8.0%) year on year.」
The increase in manufacturing costs due not only to higher raw material prices but also to increases in variable and fixed costs related to circuit boards was explicitly identified, and operating profit declined 8.0% year on year despite higher revenue. - FY2018-Q2RestatedAnnual report
「In terms of operating earnings, although manufacturing costs rose due to soaring raw material prices and product procurement costs increased, higher sales resulted in operating profit of ¥200 million, up ¥18 million (10.1%) year on year.」
Although manufacturing costs rose due to soaring raw material prices and product procurement costs continued to increase, operating profit rose 10.1% year on year due to the effect of higher sales. - FY2018-Q1First statedAnnual report
「In terms of operating earnings, although sales increased, gross profit declined due to higher raw material and auxiliary material prices accompanying the rise in copper prices, as well as increased product procurement costs. As a result, operating profit was ¥88 million, down ¥23 million (21.2%) year on year.」
It states that higher raw material and auxiliary material prices caused by rising copper prices, as well as increased product procurement costs, actually weighed on gross profit and operating profit.