Fluctuations in raw material prices and the supply structure

「需要増および原材料逼迫による先行手配の対応により商品及び製品・仕掛品・原材料及び貯蔵品で総額43億95百万円増加したことによります。」

「There was also a ¥1.57 billion negative impact from deficiencies in the Thai plant's production system and a ¥1.56 billion negative impact from changes in material and variable costs, fixed costs and other factors.」

「The factors affecting changes in operating profit included a ¥1.09 billion positive contribution from higher sales, a ¥200 million positive contribution from improved yields and higher productivity, and a ¥270 million positive contribution from foreign exchange movements, mainly due to the baht and renminbi weakening against the US dollar. These were offset by a ¥1.28 billion negative impact from selling prices, material prices and other items.」

「With regard to higher raw material prices, we are working to appropriately pass these increases through to selling prices by negotiating with customers. We have also entered into basic transaction agreements with material suppliers to ensure stable transactions, while procuring materials from multiple suppliers to stabilize supply.」

「Under these circumstances, the impact of semiconductor shortages and supply chain disruptions eased in our group’s core automotive business, and orders recovered moderately.」

「Under these circumstances, the impact of automakers’ production cuts caused by semiconductor shortages and supply chain disruptions gradually diminished in our group’s core automotive business, and orders recovered moderately.」

「In terms of profit, operating profit was ¥2.605 billion, down 13.7% year on year, mainly due to lower operating rates at production plants and higher energy prices.」

「Under these conditions, the Group's core automotive sector faced a challenging business environment, as vehicle manufacturers continued to reduce production due to semiconductor shortages and supply chain disruptions.」

「Although global production is showing signs of recovery, our group’s core automotive business faced a difficult operating environment as automakers continued to reduce production due to the semiconductor shortage and supply chain disruptions.」

「In the Group's core automotive field, global automobile sales remained sluggish as automakers continued to reduce production due to semiconductor shortages and supply chain disruptions. The global economy also remained uncertain, as the prolonged situation in Ukraine and lockdowns in some regions due to the spread of COVID-19 caused supply chain disruptions and increases in raw material and energy costs.」

「Although the impact of global shortages of semiconductors and other components remained uncertain, global automobile sales recovered and orders remained strong. In terms of profit, operating profit for the consolidated fiscal year was ¥3,021 million, due to the increase in revenue and improvements in production efficiency, among other factors, despite the impact of higher raw material costs.」

「Although the impact of shortages of semiconductors and other components remained uncertain, global automobile sales recovered and orders remained strong. In terms of profit, operating profit for the cumulative third quarter was ¥1,685 million, compared with an operating loss of ¥2,017 million in the same quarter of the previous year, due to the increase in revenue and improvements in production efficiency, among other factors, despite the impact of higher raw material costs. In terms of profit, segment profit was ¥121 million, down 18.1% year on year, due to the impact of lower revenue and higher transportation costs, among other factors.」

「In terms of profit, operating profit for the cumulative second quarter was ¥399 million, compared with an operating loss of ¥1,560 million in the same quarter of the previous year, due in part to the increase in revenue despite the impact of higher raw material costs.」

「In terms of profit, segment profit was ¥364 million, compared with a segment loss of ¥604 million in the same quarter of the previous year, despite the impact of higher raw material costs, due in part to the increase in revenue.」

「Global fluctuations in crude oil and material prices may have a significant impact on the prices of materials supplied to the Group. In addition, tight delivery schedules resulting from the production capacity of specific suppliers providing materials and other items may affect the Group's production.」

「Although sales for automotive applications increased as vehicle electrification progressed, revenue was ¥36,367 million, down 6.1% year on year, due to lower sales of communications-related equipment and amusement products, as well as delays in material supplies and the resulting production decline caused by disruptions to the supply chain following Typhoon No. 19.」

「In terms of earnings, although the company was affected by higher material prices, it simultaneously expanded production capacity and improved productivity, resulting in steady earnings improvement. Operating income was ¥4,266 million, up 60.9% year on year.」

「In terms of profit, although higher raw material prices had an impact, the simultaneous expansion of production capacity and improvement of productivity led to steady progress in earnings improvement, and operating profit for the 9-month period ended 31 December was ¥3,315 million, up 110.7% year on year.」

「In terms of earnings, although earnings were affected by higher raw-material prices, operating profit for the cumulative second quarter was ¥2,136 million, an increase of 148.4% from the same period of the previous year, as all domestic and overseas plants maintained high utilization rates and earnings improvement progressed through higher productivity.」

「Global fluctuations in crude oil and material prices may have a significant impact on the prices of materials supplied to the Group. In addition, tight delivery schedules resulting from the production capacity of suppliers providing materials and other items may affect the Group's production.」

「Global fluctuations in crude oil and material prices may have a significant impact on the prices of materials supplied to the Group. In addition, tight delivery schedules resulting from the production capacity of suppliers providing materials and other items may affect the Group's production.」