Rare Metal Price Fluctuations
First written in FY2016. 13 of 35 entries say "Restated". Latest entry: 2026-11-11.
Nippon Tungsten moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2021: 39 of 72 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2026WorsenedAnnual report
「With raw material prices, including tungsten, remaining high against the backdrop of tighter export controls by China, the Group is working to pass these costs on through selling prices and secure earnings.」
In addition to the existing rare metal price and procurement risks, persistently high raw material prices resulting from tighter export controls by China emerged as an additional risk. At the same time, the company is proceeding with passing costs on through selling prices, securing necessary inventory, ensuring stable procurement and using recycled powder. - FY2026-H1MaterialisedAnnual report
「Operating profit fell 25.1% year on year to ¥297 million, due to lower sales, higher costs for procuring some raw materials and higher depreciation expenses resulting from equipment replacements to improve productivity.」
Higher procurement costs for some raw materials were specifically cited as a factor behind the 25.1% year-on-year decline in operating profit. - FY2025MitigatedAnnual report
「To address the risks described on the left, the Group is collecting relevant information, reviewing appropriate inventory levels, and procuring from multiple suppliers while strengthening its global procurement system.」
As measures to address the risks of disruptions to rare metal procurement and price fluctuations, the company has added information gathering and a review of appropriate inventory levels, while continuing procurement from multiple suppliers and global procurement. - FY2024MaterialisedAnnual report
「Operating profit fell 48.6% year on year to ¥476 million, reflecting lower sales of priority products, higher fixed labor costs associated with the wage increases implemented during the period, higher unit electricity prices and prices for auxiliary materials such as hydrogen, and increased depreciation expenses resulting from proactive equipment upgrades to improve productivity.」
Higher unit electricity prices and prices for auxiliary materials such as hydrogen materialized as factors behind the decline in profit, while operating profit fell 48.6% year on year. - FY2024-Q3MaterialisedAnnual report
「Operating profit fell 56.0% year on year to ¥383 million, due to the significant decline in sales, higher personnel expenses associated with the wage increases implemented during the period, higher prices for auxiliary materials such as hydrogen, and increased depreciation expenses resulting from equipment upgrades to improve productivity.」
Higher prices for raw materials and auxiliary materials materialized as higher prices for auxiliary materials such as hydrogen and were cited as a factor behind the decline in operating profit. - FY2024-Q1MaterialisedAnnual report
「Operating profit fell 52.6% year on year to ¥151 million, reflecting the significant decline in sales in the semiconductor and electronic components markets, as well as increases in the costs of primary materials and auxiliary materials such as utilities compared with the same quarter of the previous year.」
The year-on-year increase in the costs of primary materials and auxiliary materials such as utilities was specifically cited as a factor behind the 52.6% decline in operating profit. - FY2023-Q1WorsenedAnnual report
「Further increases in raw material and energy prices due to the protracted situation between Russia and Ukraine」
For raw materials that may include rare metals, the possibility of further sharp price increases was specified in addition to the existing risk of sudden price fluctuations. - FY2022WorsenedAnnual report
「In addition, rare metal prices may fluctuate sharply due to geopolitical risks and market conditions, and the Group's raw material procurement costs may also be affected by these fluctuations.」
In addition to conventional market volatility, geopolitical risks were specified, broadening the factors underlying rare metal price and procurement risks. - FY2020MitigatedAnnual report
「To address the risks described above, the Group is strengthening procurement from multiple suppliers and its global procurement system.」
As measures to address the risks of disruptions to rare metal procurement and price fluctuations, the company specified procurement from multiple suppliers and the strengthening of its global procurement system. - FY2020-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2019WorsenedAnnual report
「The Group relies primarily on imports of rare metals from China and Europe. If procurement becomes impossible due to changes in the political or economic conditions in China or Europe, amendments to laws, or a global tightening of supply and demand, this could affect the Group's operating results and financial condition. In addition, rare metal prices may fluctuate sharply depending on market conditions, and the Group's raw material procurement costs may also be affected by these fluctuations.」
In addition to price fluctuations, the company specified its reliance on China and Europe for procurement and the risk of supply disruptions, broadening the scope of raw material risks. - FY2019-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2017RestatedAnnual report
「Prices of rare metals may fluctuate sharply depending on market conditions, and the Group's raw material procurement costs may also be affected by these fluctuations.」
The risk of procurement prices being affected by fluctuations in the prices of tungsten, cobalt and other rare metals has been reiterated. - FY2017-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2017-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes 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 concerning fluctuations in rare metal prices. - FY2016First statedAnnual report
「Prices of rare metals may fluctuate sharply depending on market conditions, and the Group's raw material procurement costs may also be affected by these fluctuations.」
Tungsten, cobalt and other rare metals are identified as key raw materials, and the risk of procurement prices being affected by market fluctuations is described.