Rising prices of crude oil, glass, copper, pulp and other primary materials
First written in FY2016. 16 of 38 entries say "Materialised", first in FY2018-Q1. Latest entry: 2026-11-13.
Kyosha moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2021: 30 of 53 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In addition, conflicts in the Middle East could lead to higher energy, logistics and raw material costs, supply chain disruptions, and supply constraints at procurement sources.」
In addition to the risk of higher key-material prices, conflicts have added the risks of higher energy, logistics and raw material costs, supply chain disruptions, and supply constraints. In addition to joint purchasing, diversification of procurement sources and securing alternative sources are described as countermeasures. - FY2026-H1MitigatedAnnual report
「In response to the downturn in the automotive-related sector in Japan, higher costs associated with launching new mass production of metal substrates, and surging raw material and manufacturing expenses, we continued efforts to optimise selling prices and improve costs, resulting in a narrower operating loss.」
Although higher raw material and manufacturing expenses, among other costs, have continued, the operating loss in the Japan segment narrowed from the previous period due to appropriate sales-price adjustments and cost improvements. - FY2025-H1MaterialisedAnnual report
「In terms of profit, domestic profit declined because of the impact of automobile production adjustments and higher raw material and manufacturing expenses, among other factors.」
Higher raw material and manufacturing expenses, among other factors, actually emerged as causes of lower domestic profit during the current interim consolidated fiscal period. - FY2024MaterialisedAnnual report
「In terms of profit, although manufacturing expenses, including electricity costs, continued to rise, the mounting-related businesses in Vietnam and Japan increased profit on substantial revenue growth and continued to perform well.」
While higher manufacturing expenses, including electricity costs, continued to affect the actual business environment throughout the fiscal year, profit increased due to higher profit in Vietnam and other areas. - FY2024-Q3MaterialisedAnnual report
「In terms of profit, although manufacturing expenses, including electricity costs, continued to rise, the mounting-related businesses in Vietnam and Japan increased profit on substantial revenue growth and continued to perform well.」
Manufacturing expenses, including electricity costs, continue to rise, showing that the risk of higher input costs has materialized in the actual business environment. - FY2024-Q2MaterialisedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the printed wiring board industry to which the Company belongs saw a recovery in the automobile sector as semiconductor shortages eased, but demand declined because of inventory adjustments in other sectors and the fading of stay-at-home consumption. In addition, the outlook remains uncertain because concerns about an economic slowdown caused by global monetary tightening and other factors, sharp exchange-rate fluctuations, and higher energy prices continue.」
It is stated that energy prices continue to rise, showing that the risk of higher input costs for key materials, energy and other items remains present in the business environment. - FY2024-Q1MaterialisedAnnual report
「The outlook remains uncertain because concerns about an economic slowdown caused by global monetary tightening and other factors, sharp exchange-rate fluctuations, and higher energy prices continue.」
It is stated that energy prices continue to rise, showing that the risk of higher input costs has materialized in the business environment. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, the printed wiring board industry to which the Company belongs generally remained firm as economic activity normalized both in Japan and overseas. However, the outlook remains uncertain because shortages of semiconductors for automobiles and higher raw material and energy prices caused by sharp exchange-rate fluctuations continue.」
The continued business-environment impact of high prices for key materials and raw materials is described, along with measures involving appropriate sales-price adjustments and joint purchasing. - FY2023-Q3MaterialisedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the printed wiring board industry to which the Company belongs generally remained firm as economic activity normalized both in Japan and overseas. However, the outlook remains uncertain because shortages of semiconductors and higher raw material and energy prices caused by sharp exchange-rate fluctuations continue.」
It is stated that raw material and energy prices continue to rise, showing that the risk of higher key-material prices has materialized in the actual business environment. - FY2023-Q2MaterialisedAnnual report
「In terms of profit, although performance at the Vietnamese subsidiary and in the mounting-related business improved, operating income was ¥213 million, down 14.8% year on year, a decrease of ¥36 million, ordinary income was ¥215 million, down 22.7%, a decrease of ¥63 million, and net income attributable to owners of the parent was ¥73 million, down 42.3%, a decrease of ¥53 million, as a result of domestic automobile production adjustments and higher prices for key materials and other items, as well as increased manufacturing expenses, including electricity costs.」
In addition to higher prices for key materials and other items, increased manufacturing expenses, including electricity costs, actually occurred and became factors behind declines in operating income, ordinary income and other profit measures. - FY2023-Q1MaterialisedAnnual report
「In terms of profit, despite higher prices for key materials and increased manufacturing expenses, including electricity costs, operating income was ¥183 million, up 116.3% year on year, an increase of ¥98 million, ordinary income was ¥191 million, up 99.0%, an increase of ¥95 million, and net income attributable to owners of the parent was ¥115 million, up 367.4%, an increase of ¥90 million, owing mainly to improved performance at the Vietnamese subsidiary and in the mounting-related business.」
Higher prices for key materials and increased manufacturing expenses, including electricity costs, actually occurred, but profit increased due to improvements in other businesses and other factors. - FY2022-Q3MaterialisedAnnual report
「This resulted in inventories of raw materials and supplies of ¥20,414 million, an increase of ¥2,529 million from the end of the previous consolidated fiscal year, mainly due to a ¥612 million increase resulting from stable procurement in preparation for rising prices of key materials and other factors.」
The business environment is described as one in which prices of key materials and other items continue to rise, while stable procurement in preparation for higher prices increased raw materials and supplies by ¥612 million. - FY2022-Q2MaterialisedAnnual report
「During the 2nd quarter cumulative consolidated period, the printed wiring board industry to which the Company belongs faced an uncertain outlook due to concerns over a resurgence of COVID-19, semiconductor shortages and rising prices for primary materials and other items. However, demand recovered both in Japan and overseas, and business performed strongly.」
Rising prices for primary materials and other items were explicitly described as part of the business environment during the quarter. In addition, an increase of ¥739 million in inventories resulting from stable procurement in preparation for further price increases was a factor affecting operating cash flow. - FY2021RestatedAnnual report
「To address these risks, the Company shares information on fluctuations in basic material prices among Group companies, works to accelerate selling price adjustments, and seeks to strengthen its negotiating power through joint purchasing.」
The risks of rising primary material prices and difficulty passing them through to selling prices immediately, along with responses through information sharing, price adjustments and joint purchasing, continue. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of rising primary material prices and delays in passing them through to selling prices. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of rising primary material prices and delays in passing them through to selling prices. - FY2021-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of rising primary material prices and delays in passing them through to selling prices. - FY2020MitigatedAnnual report
「To address these risks, the Company shares information on fluctuations in basic material prices among Group companies, works to accelerate selling price adjustments, and seeks to strengthen its negotiating power through joint purchasing.」
In response to the risk of rising primary material prices, the Company explicitly identifies accelerating selling price adjustments, information sharing within the Group and joint purchasing as countermeasures. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of rising primary material prices and delays in passing them through to selling prices. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes in the risk of rising primary material prices and delays in passing them through to selling prices. - FY2020-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The Company reconfirms that there have been no material changes in the risk of rising primary material prices and delays in passing them through to selling prices. - FY2019MitigatedAnnual report
「Although product price adjustments in response to higher primary material prices progressed, the results were affected by higher subcontracting costs and other expenses incurred to meet domestic demand and by sharp inventory adjustments, mainly overseas, beginning in the fourth quarter」
Product price adjustments in response to higher primary material prices are described as having progressed, and progress in addressing the issue continues. At the same time, cost pressure from higher subcontracting costs and other expenses remains. - FY2019-Q3MitigatedAnnual report
「In terms of profit, product price adjustments in response to higher prices for the primary material, copper-clad laminates, made progress and achieved some results. However, the impact of delays in product price adjustments through the first half and higher subcontracting costs and other expenses incurred to meet strong domestic demand squeezed costs, resulting in operating income of ¥430 million, down 4.3% year on year, or a decrease of ¥19 million, and ordinary income of ¥423 million, down 11.1% year on year, or a decrease of ¥52 million.」
Although product price adjustments made progress and achieved some results, the impact of delays through the first half remained and, together with higher subcontracting costs, squeezed costs. The response to higher material prices progressed, but the impact continues. - FY2019-Q2MaterialisedAnnual report
「In terms of profit, the Company had been adjusting product prices in response to higher prices for the primary material, copper-clad laminates, but the impact of delays in adjusting prices remained.」
Higher primary material prices and delays in adjusting product prices continued to emerge as factors depressing profit. - FY2019-Q1MaterialisedAnnual report
「In terms of profit, the Company had been adjusting product prices in response to soaring copper foil prices caused by tight supply and demand since the previous fiscal year. However, the time lag between material price increases and product price adjustments resulted in operating income of ¥83 million, down 34.2% year on year, or a decrease of ¥43 million, and ordinary income of ¥117 million, down 11.4% year on year, or a decrease of ¥15 million.」
A time lag actually occurred between soaring copper foil prices and material price increases and the adjustment of product prices, becoming a factor reducing operating income and ordinary income. Although product price adjustments are being pursued, the impact continues. - FY2018-Q3MaterialisedAnnual report
「In terms of profit, prices of copper-clad laminates and other primary materials continued to rise from the beginning of the fiscal year due to soaring copper foil prices, and delays in adjusting those prices resulted in operating income of ¥449 million, down 9.4% year on year, or a decrease of ¥46 million, and ordinary income of ¥476 million, down 7.3% year on year, or a decrease of ¥37 million.」
The rise in primary material prices due to soaring copper foil prices and delays in adjusting those prices continued, and actually emerged as factors reducing operating income and ordinary income. - FY2018-Q2MaterialisedAnnual report
「In terms of profit, although the price of copper-clad laminates, a primary material, continued to rise from the beginning of the fiscal year due to soaring copper foil prices, operating income came to ¥324 million, up 37.3% year on year, or an increase of ¥88 million, and ordinary income came to ¥342 million, up 39.9% year on year, or an increase of ¥97 million, supported by strong performance in Japan and Indonesia.」
Copper-clad laminate prices rose due to soaring copper foil prices, and the occurrence of the risk of rising primary material prices continued to be confirmed. - FY2018-Q1MaterialisedAnnual report
「In terms of profit, although the price of copper-clad laminates, a primary material, rose due to soaring copper foil prices, operating income was ¥126 million, up 20.9% year on year, or an increase of ¥21 million, supported by strong domestic performance」
The surge in copper foil prices actually led to higher copper-clad laminate prices, and the risk of rising primary material prices materialized. - FY2017RestatedAnnual report
「Although increases in the prices of basic materials such as crude oil, glass, copper and pulp are reflected sensitively in the prices of the primary materials used by the Group, the Group’s customers, who are electronic equipment manufacturers, are working to reduce the prices of their finished products. Printed wiring boards are therefore required to maintain stable prices, and if primary material prices rise sharply, the Company may be unable to immediately pass the increase through to selling prices.」
There has been no material change in the risk that increases in primary material prices cannot be passed through to selling prices immediately. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company reconfirms that there have been no material changes in the risk of rising primary material prices and delays in passing them through to selling prices. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company provides an overall statement that there have been no material changes in the risk of rising primary material prices and delays in passing them through to selling prices. - FY2016First statedAnnual report
「Although increases in the prices of basic materials such as crude oil, glass, copper and pulp are reflected sensitively in the prices of the primary materials used by the Group, the Group’s customers, who are electronic equipment manufacturers, are working to reduce the prices of their finished products. Printed wiring boards are therefore required to maintain stable prices, and if primary material prices rise sharply, the Company may be unable to immediately pass the increase through to selling prices.」
The Company explains the possibility that increases in material prices cannot be passed through to selling prices immediately, in relation to customers’ demands for lower prices.