Rising Copper and Raw Material Prices
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2024-Q2.
Obara Group moved to the "Worse" side of this theme in 2022, 4 years after the typical company in this theme (2018).
The whole theme swung hardest in 2018: 12 of 22 companies on the "Worse" side.
8 other companies' latest entry also says "Materialised".
- FY2024-Q2MaterialisedAnnual report
「Under these circumstances, although the division sought to expand sales of equipment and consumables, operating profit fell below the year-earlier level due to increased selling, general and administrative expenses resulting from inflation and other factors.」
In addition to higher raw material and transportation costs, increased selling, general and administrative expenses resulting from inflation and other factors were actually identified as factors behind the decline in operating profit in the welding equipment business. - FY2022MaterialisedAnnual report
「In the welding equipment business, production activity in Asia remained firm in the automotive industry, our customers, and capital investment in vehicle body assembly generally remained solid. Under these circumstances, although raw material and transportation costs increased, the division's efforts to expand sales of equipment and consumables, among other factors, resulted in performance exceeding that of the previous period.」
Regarding the previously disclosed risk of higher raw material prices, the disclosure stated that increases in raw material and transportation costs actually occurred during the period. - FY2022-Q2RestatedAnnual report
「Under these circumstances, although the division sought to expand sales of equipment and consumables, operating profit fell below the year-earlier level due to higher costs for raw materials and transportation, among other factors.」
The disclosure continued from the previous quarter to state that higher raw material and transportation costs contributed to the year-on-year decline in operating profit. - FY2022-Q1MaterialisedAnnual report
「Under these circumstances, although the division sought to expand sales of equipment and consumables, operating profit fell below the year-earlier level due to higher costs for raw materials and transportation, among other factors.」
In addition to the previously disclosed risk of higher raw material prices, the disclosure identified higher transportation costs as an actual factor behind the decline in operating profit. - FY2019RestatedAnnual report
「If we are unable to fully absorb the cost increases resulting from higher copper prices, this may affect our Group's operating results.」
The risk that higher prices of copper and other raw materials could affect operating results is reiterated. - FY2018RestatedAnnual report
「If we are unable to fully absorb the cost increases resulting from higher copper prices, this may affect our Group's operating results.」
The risk that higher prices of copper and other raw materials could affect operating results is reiterated. - FY2016First statedAnnual report
「If we are unable to fully absorb the cost increases resulting from higher copper prices, this may affect our Group's operating results.」
The disclosure described the risk that higher international commodity-market prices for copper and higher prices of other raw materials used in copper alloys, a major material for welding equipment, could affect operating results.