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Nitto Denko (6988) · RiskAdvancedLatest Revision to earnings forecasts (2026-07-28): "Mitigated"

Supply Disruptions and Price Increases for Key Raw Materials

First written in FY2016. 6 of 14 entries say "Mitigated", first in FY2021. Latest entry: 2026-07-28.

14entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016MaterialisedFY2019-Q2WorsenedFY2022-Q2 – FY2023-Q2MitigatedFY2023 – 2026-07-282016: 120162017: 020172018: 120182019: 020192020: 020202021: 220212022: 420222023: 220232024: 120242025: 120252026: 22026
Same theme, other companies
Disruption of raw material procurement due to dependence on specific suppliersA theme 83 companies write about · 85 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2021: 24 of 53 companies on the "Worse" side.

17 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 83 companies compared. The sentences above are computed from all 83.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-28MitigatedRevision to earnings forecasts

    「To mitigate the impact of higher raw material prices, the company worked to reduce the effect on profit by appropriately revising selling prices.」

    The company stated that, while high raw material prices continued, it was mitigating their impact on profit through appropriate selling price revisions.
  2. FY2026AdvancedAnnual report

    「The Group is working to strengthen its supply chain by visualizing supply chain risks and establishing a logistics BCP (business continuity plan) to manage logistics.」

    In addition to multiple sourcing and inventory management for raw materials and the permanent Supply Chain Committee, the Group identified the visualization of logistics risks and a logistics BCP as countermeasures.
  3. FY2025MitigatedAnnual report

    「During the fiscal year under review, the Committee was organized within the Procurement Headquarters as a permanent structure, and the Group has been working to further strengthen its supply chain.」

    The Supply Chain Committee was organized as a permanent structure within the Procurement Headquarters, institutionalizing the response to upstream risks.
  4. FY2024MitigatedAnnual report

    「Beginning with the fiscal year under review, the Group established a new system and organizational framework for taking measures proactively against potential risks that may arise in the future, and has been working to strengthen its supply chain.」

    In addition to multiple sourcing, inventory management, and the Supply Chain Committee, the Group established a new system and organizational framework for taking proactive measures against potential risks.
  5. FY2024-Q1MitigatedAnnual report

    「In Japan, companies increasingly passed higher costs through to prices, driven in part by base-pay increases. In addition, the impact of semiconductor shortages eased, and business sentiment in Japan’s manufacturing sector, particularly the automotive industry, improved.」

    It stated that the impact of semiconductor shortages had eased, indicating that some of the procurement and supply constraints seen previously had been reduced.
  6. FY2023MitigatedAnnual report

    「Beginning with the fiscal year under review, the Group established a Supply Chain Committee to pursue sustainable procurement across the supply chain. The cross-functional team will implement measures to address upstream supply chain risks, including increasingly significant geopolitical risks and chemical substance regulatory risks.」

    In addition to multiple sourcing and inventory management for raw materials, the Group established a Supply Chain Committee and developed specific responses to upstream risks, including geopolitical and chemical substance regulatory risks.
  7. FY2023-Q2MaterialisedAnnual report

    「Meanwhile, the Group was affected by higher raw material and transportation costs driven by rising crude oil prices. In the automotive materials business, it agreed with PARKER CORPORATION to transfer part of the Noise, Vibration, and Harshness (NVH) business, and recognized an impairment loss on some of the related assets. As a result, revenue was ¥170,860 million, up 6.9%, and operating profit was ¥16,677 million, down 18.0%.」

    Higher raw material and transportation costs driven by rising crude oil prices actually occurred, and operating profit from Industrial Tape fell 18.0%.
  8. FY2023-Q1WorsenedAnnual report

    「In addition, the Group was affected by higher raw material and transportation costs driven by rising crude oil prices.」

    Higher raw material and transportation costs driven by rising crude oil prices actually put pressure on Industrial Tape’s profits.
  9. FY2022WorsenedAnnual report

    「The Group’s business environment is expected to remain uncertain, owing to factors including soaring raw material prices and transportation costs and the impact of a sharp increase in semiconductor demand.」

    It stated that soaring raw material and transportation costs and the sharp increase in semiconductor demand had made the procurement environment more uncertain.
  10. FY2022-Q3WorsenedAnnual report

    「Meanwhile, shortages of semiconductor materials and soaring raw material prices were observed.」

    Shortages of semiconductor materials and soaring raw material prices continue to be new sources of instability in the procurement and supply environment.
  11. FY2022-Q2WorsenedAnnual report

    「During the six-month period ended the second quarter, economic activity resumed as COVID-19 vaccines became more widely available. At the same time, the spread of variants, shortages of semiconductor materials and surging raw material prices were observed, and uncertainty about the outlook continued.」

    Rising raw material prices and shortages of semiconductor materials were identified as new sources of instability in the supply and procurement environment.
  12. FY2021MitigatedAnnual report

    「The Group is working to reduce risks associated with securing key raw materials by using multiple suppliers, setting and managing inventory levels sufficient for a specified period, and taking other measures. In addition to risks arising in emergencies, it regularly reviews suppliers’ ESG initiatives based on its guidelines, encourages improvements to reduce compliance risks, and works to ensure stable procurement.」

    The response to raw material supply risks was expanded from multiple sourcing and inventory management to include ESG and compliance checks on suppliers.
  13. FY2019-Q2MaterialisedAnnual report

    「The effects of persistently high crude oil prices, higher raw-material prices due to environmental regulations and other factors, and rising labor costs in various countries were also observed.」

    It states that the impact of rising raw material prices was actually observed.
  14. FY2016First statedAnnual report

    「The Group is working to reduce the risk of being unable to secure key raw materials, including by sourcing them from multiple suppliers. However, it depends on specific suppliers for some raw materials.」

    Although measures to reduce risk through multiple sourcing have been implemented, the company disclosed its dependence on specific suppliers for some raw materials.
Moved together

"Shareholder Returns Through Share Repurchases" moved the same way as this thread, in the same document, in 7 of its 14 moves.

765555★123456
  1. ★This thread
  2. 1Shareholder Returns Through Share Repurchases7×
  3. 2Global Economic Fluctuations and Foreign Exchange Risk6×
  4. 3Expansion of the Contract Synthesis Business for Nucleic Acid Medicines5×
  5. 4Strengthening the optoelectronics business and improving productivity5×
  6. 5Balancing Stable Dividends and Growth Investment5×
  7. 6Reducing Environmental Impact and Environmental Stewardship5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nitto Denko's next results are scheduled for 2026-10-27. Read the earnings preview It last moved in the Revision to earnings forecasts of 2026-07-28: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Supply Disruptions and Price Increases for Key Raw Materials | NITTO DENKO CORPORATION (6988) | Komori