Raw material prices, supply shortages and freight market risks
First written in FY2016. 22 of 36 entries say "Restated". Latest entry: FY2026.
Nitchitsu moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 15 of 25 companies on the "Worse" side.
12 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Although costs remained elevated due to measures taken to address variability in raw stone quality and other factors, earnings improved as sales of high-priced products increased.」
Measures to address variability in raw stone quality have continued to keep costs elevated. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2025MaterialisedAnnual report
「Costs remained high in response to quality variability in raw stone for high-priced products and other factors, putting pressure on earnings.」
Addressing quality variability in raw stone for high-priced products actually kept costs elevated and pressured earnings. - FY2025-H1MaterialisedAnnual report
「Profitability deteriorated due to lower sales of glass raw materials for semiconductor-related applications, higher raw material costs, and increased expenses related to capital investment and repairs.」
Raw material costs actually increased and, together with lower sales of glass raw materials for semiconductor-related applications and higher capital investment and repair expenses, became a factor behind the deterioration in profitability of the resources-related business. - FY2024MitigatedAnnual report
「To ensure stable procurement, we constantly monitor market trends and are diversifying our procurement sources to avoid concentrating them in particular regions of the world. We are also working to secure inventory as appropriate while monitoring market conditions.」
Diversifying procurement sources and securing inventory were explicitly identified as measures to ensure stable procurement. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2023WorsenedAnnual report
「In addition, the impact of surging electricity and gas prices on manufacturing costs cannot be overlooked.」
In addition to the existing risks related to raw material and material procurement prices and procurement difficulties, higher electricity and gas prices were explicitly identified as increasing manufacturing costs. Higher raw material costs resulting from difficulties in procuring high-grade raw stone for high-priced products and from quality variability were also actually reported. - FY2023-Q3MaterialisedAnnual report
「New ship orders slowed from the same period of the previous year due to surging steel prices and weaker chartering market conditions, while completed tonnage remained at a low level.」
The rise in raw material prices actually appeared as a surge in steel prices and was identified as a factor behind the slowdown in shipbuilding orders. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2023-Q1MaterialisedAnnual report
「In the high-silica division, the semiconductor-related business was affected by disruptions in the transportation of purchased raw materials, while the optics-related business performed well on strong demand for glass for mirrorless cameras and semiconductor lithography equipment, resulting in a substantial increase in revenue for the division as a whole.」
Disruptions in the transportation of purchased raw materials actually affected the semiconductor-related business. - FY2022-Q3MaterialisedAnnual report
「Raw material costs increased as a result of measures taken to address delays in raw material arrivals and quality variability caused by the impact of lockdowns in India accompanying the spread of COVID-19.」
The company shifted to raw materials from other regions and took other measures to address delays in raw material arrivals and quality variability, and raw material costs actually increased. - FY2022-Q2MaterialisedAnnual report
「The pace of construction did not increase due to weak orders through the previous year and supply constraints for steel plates, among other factors.」
Supply constraints for raw materials and materials materialized as steel plate supply constraints, which in turn restrained the actual pace of construction. - FY2022-Q1MaterialisedAnnual report
「Although demand related to semiconductors was solid, the high-silica division, which supplies raw materials for semiconductor encapsulants and other products, including refined silica stone powder, recorded lower revenue and profit year on year due in part to delays in raw material arrivals and quality variability caused by the impact of India's lockdowns accompanying the spread of COVID-19.」
Delays in raw material arrivals and quality variability actually occurred as a result of India's lockdowns accompanying the spread of COVID-19. - FY2021MaterialisedAnnual report
「Against this backdrop, the business environment surrounding our Group has also seen a contraction in related markets, including those for ships and construction materials, as well as difficulties in procuring raw materials.」
The previously anticipated risks of market contraction and procurement difficulties materialized in the form of contracting related markets and difficulties in procuring raw materials due to the impact of COVID-19. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2019RestatedAnnual report
「If procurement prices rise due to fluctuations in commodity market conditions, or if procurement becomes impossible for any reason, the Group's performance and financial condition may be affected. In addition, as our products are generally heavy, they are also exposed to fluctuations in inland and ocean freight markets.」
Risks related to raw material prices, procurement difficulties and freight market conditions continue to be reported. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2018RestatedAnnual report
「If procurement prices rise due to fluctuations in commodity market conditions, or if procurement becomes impossible for any reason, the Group's performance and financial condition may be affected. In addition, as our products are generally heavy, they are also exposed to fluctuations in inland and ocean freight markets.」
Risks from fluctuations in raw material prices, procurement difficulties and inland and ocean freight have continued to be reported. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2018-Q1MaterialisedAnnual report
「There were cost increases resulting from higher heavy fuel oil prices and other factors in the crystalline limestone division.」
As one of the risks from rising raw material and fuel prices, higher heavy fuel oil prices actually led to increased costs and became a factor behind losses in the resources-related business. - FY2017RestatedAnnual report
「As our products are generally heavy, they are also exposed to fluctuations in inland and ocean freight markets.」
Risks from fluctuations in raw material prices, procurement difficulties and inland and ocean freight have continued to be reported. - FY2017-Q3RestatedAnnual report
「Partly due to lower depreciation expenses following the impairment loss recognized at the end of the previous fiscal year in the high-silica division, as well as lower imported raw stone costs resulting from the diversification of raw material sources」
The decline in imported raw stone costs resulting from the diversification of raw material sources continues to be reported. - FY2017-Q2MitigatedAnnual report
「Partly due to lower imported raw stone costs resulting from the stronger yen and the diversification of raw material sources」
It was stated that imported raw stone costs had declined as a result of diversifying raw material sources, indicating measures to address the risk of rising procurement prices. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding risks related to raw material prices, procurement difficulties and freight market conditions. - FY2016First statedAnnual report
「If procurement prices rise due to fluctuations in commodity market conditions, or if procurement becomes impossible for any reason, the Group's performance and financial condition may be affected. In addition, as our products are generally heavy, they are also exposed to fluctuations in inland and ocean freight markets.」
Fluctuations in raw materials, auxiliary materials, procurement availability, and inland and ocean freight were identified as risks.