Fluctuations in the Prices of Raw Materials, Including Indium
First written in FY2016. 10 of 15 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 121 of 167 companies on the "Worse" side.
- FY2026RestatedAnnual report
「Our core products use indium, a rare metal, as a raw material. Since raw material prices fluctuate according to market conditions, a sharp increase in raw material prices could cause significant fluctuations in purchase prices and have a material impact on our business performance and financial position. In addition, our production equipment is powered by electricity, and higher electricity charges lead to increased manufacturing costs.」
The company continues to disclose the risk of higher manufacturing costs resulting from rising raw material prices, including indium, and higher electricity charges. - FY2025RestatedAnnual report
「In addition, the power source for the company's production equipment is electricity, and higher electricity prices lead to higher manufacturing costs. If these increases cannot be absorbed through price pass-through, productivity improvements, the introduction of energy-saving and high-efficiency equipment, or other measures, they could materially affect the company's business performance and financial condition.」
The company is reaffirming the risks of higher manufacturing costs resulting from surging electricity rates in addition to raw material prices, including indium, and its responses through price pass-through, productivity improvements and the introduction of energy-efficient equipment. - FY2024RestatedAnnual report
「In addition, the power source for the company's production equipment is electricity, and higher electricity prices lead to higher manufacturing costs. If these increases cannot be absorbed through price pass-through, productivity improvements, the introduction of energy-saving and high-efficiency equipment, or other measures, they could materially affect the company's business performance and financial condition.」
The company has reconfirmed the risk of higher manufacturing costs due to surging electricity charges, in addition to fluctuations in the prices of conventional raw materials such as indium, and its response through the introduction of energy-saving, high-efficiency equipment. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, the Japanese economy remained uncertain. Although restrictions related to the COVID-19 pandemic were eased further, leading to increased demand for services and a recovery in inbound demand and other signs of an economic pickup, raw-material and energy prices continued to rise due to prolonged geopolitical risks surrounding Ukraine and prolonged yen depreciation.」
The external environment continues to be affected by the situation in Ukraine, yen depreciation, and elevated raw material and energy prices. - FY2024-Q1RestatedAnnual report
「The situation remains uncertain, with the protracted situation in Ukraine and continued inflation, including increases in raw material and energy prices.」
It has reconfirmed that the situation in Ukraine is becoming protracted and that inflation, including raw material and energy prices, continues. - FY2023WorsenedAnnual report
「The business environment surrounding the company is becoming increasingly challenging due to factors including soaring energy and raw material prices caused by the situation in Ukraine and the continued depreciation of the yen.」
In addition to fluctuations in the prices of raw materials such as indium, surging energy prices were identified as a risk. Electricity costs increased by ¥235 million, or 60.7%, year on year, putting pressure on earnings. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, the Japanese economy showed signs of recovery as restrictions on activity related to COVID-19 were eased. However, conditions remained uncertain due to the prolonged situation in Ukraine, continued global monetary tightening, and continued increases in raw-material and energy prices.」
The company has reconfirmed that raw material and energy prices continue to rise, along with the prolonged situation in Ukraine and monetary tightening. - FY2023-Q2RestatedAnnual report
「The situation remains uncertain, with the protracted situation in Ukraine, rapid yen depreciation due to global monetary tightening, and continued high raw material and energy prices.」
The Company reconfirms that raw-material and energy prices continue to rise, together with the depreciation of the yen and geopolitical factors. - FY2022WorsenedAnnual report
「The business environment has become increasingly challenging due to surging energy and raw material prices resulting from Russia's invasion of Ukraine and the yen's depreciation, as well as supply chain disruptions.」
The factors behind surging raw-material prices have expanded to include higher energy and raw-material prices resulting from the invasion of Ukraine and yen depreciation. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter of the current fiscal year, the Japanese economy showed signs of recovery as the severe conditions caused by COVID-19 gradually eased. However, the outlook remained uncertain due to the prolonged semiconductor supply shortage and higher raw material prices, as well as the global spread of new COVID-19 variants.」
The company states that elevated prices for raw materials, including indium, have persisted, indicating increasingly difficult external conditions concerning raw material price fluctuation risk. - FY2020MitigatedAnnual report
「The Group is strengthening its business relationships with suppliers to establish a system that enables optimal and stable procurement at all times, while also developing products using alternative materials.」
The Company has newly identified stable procurement through stronger relationships with suppliers and product development using alternative materials as countermeasures. - FY2019RestatedAnnual report
「Our core products use indium, a rare metal, as a raw material. Because raw material prices fluctuate with market conditions, significant increases in procurement costs resulting from higher raw material prices could affect our Group's operating results and financial position.」
The Company continues to disclose the risks of fluctuations in indium market conditions and surging raw material prices. - FY2018RestatedAnnual report
「Our core products use indium, a rare metal, as a raw material. Because raw material prices fluctuate with market conditions, significant increases in procurement costs resulting from higher raw material prices could affect our Group's operating results and financial position.」
The Company continues to disclose the risks of fluctuations in indium market conditions and surging raw material prices. - FY2017RestatedAnnual report
「Our core products use indium, a rare metal, as a raw material. Because raw material prices fluctuate with market conditions, significant increases in procurement costs resulting from higher raw material prices could affect our Group's operating results and financial position.」
The company continues to face the risk of fluctuations in indium market conditions and surging raw material prices. - FY2016First statedAnnual report
「Our core products use indium, a rare metal, as a raw material. Because raw material prices fluctuate with market conditions, significant increases in procurement costs resulting from higher raw material prices could affect our Group's operating results and financial position.」
The company identifies market-driven fluctuations in indium prices and increases in procurement costs as risks.