Price fluctuations and procurement difficulties for timber, glued laminated timber and plywood
First written in FY2019. 6 of 19 entries say "Materialised", first in FY2021. Latest entry: 2026-11-13.
New Constructor's Network 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 2017: 4 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「In addition, domestic shortages of crude oil and naphtha resulting from heightened tensions in the Middle East may cause construction-material prices to rise.」
In addition to the existing risk of price fluctuations in timber, laminated timber and other materials, the risk of crude oil and naphtha shortages resulting from tensions in the Middle East and the possibility of higher construction-material prices were added. - FY2025-H1MitigatedAnnual report
「In addition, as timber market conditions stabilised, the average sales amount per SE Construction Method home shipped fell 5.2% year on year, resulting in net sales of ¥2,341 million, down 7.6% year on year.」
Timber market conditions stabilised and the pressure from the price surge during the wood shock eased, while the average sales amount per home declined. - FY2024-Q3MitigatedAnnual report
「Meanwhile, although timber prices surged from 2021 in what became known as the wood shock, the surge subsided from the first quarter under review, bringing timber prices to approximately 70% of the previous year's level and back to normal. The timber supply environment returned to stability, and the material procurement environment improved.」
The surge in timber prices caused by the wood shock subsided, bringing timber prices to approximately 70% of the previous year's level and back to normal. It was stated that the timber supply and material procurement environments had also improved. - FY2024-Q2MitigatedAnnual report
「Meanwhile, although timber prices surged from 2021 in what became known as the wood shock, the surge subsided from the first quarter under review, resulting in a year-on-year decline of approximately 30% in timber prices, and the timber supply environment is gradually returning to stability.」
It was stated that the surge in timber prices caused by the wood shock subsided from the first quarter under review, timber prices fell by approximately 30% year on year, and the timber supply environment was gradually returning to stability. - FY2024-Q1MaterialisedAnnual report
「Meanwhile, MUJI HOUSE recorded a loss in the quarter under review in its detached-house sales business, owing to the impact of higher material prices (the wood shock) since last year.」
The impact of higher material prices and the wood shock affected MUJI HOUSE, an affiliate, in its detached-house sales business, and the actual impact on performance was disclosed as a loss for the quarter under review. - FY2023-Q3MitigatedAnnual report
「Meanwhile, the surge in raw-material prices and shortage of materials known as the wood shock, including global raw-material inflation and import restrictions on plywood materials, timber and other products resulting from the Russia-Ukraine conflict, is moving toward easing.」
It was stated that raw-material inflation, import restrictions, and the surging raw-material prices and material shortages caused by the wood shock were moving toward easing. - FY2023-Q2RestatedAnnual report
「In addition, the situation surrounding raw-material price trends and procurement remains uncertain, owing to global raw-material inflation and import restrictions on plywood materials, timber and other products resulting from the Russia-Ukraine conflict.」
Raw-material price and procurement risks, including global raw-material inflation and import restrictions resulting from the Russia-Ukraine conflict, continued to be reported. - FY2023-Q1WorsenedAnnual report
「In addition, the situation surrounding raw-material price trends and procurement remains uncertain, owing to global raw-material inflation, the surge in timber prices that began in the previous fiscal year (the wood shock), and import restrictions on plywood materials, timber and other products resulting from the Russia-Ukraine conflict.」
In addition to the conventional price surges and supply uncertainty caused by the wood shock, global raw-material inflation and import restrictions resulting from the Russia-Ukraine conflict were reported. Price and procurement risks have expanded and, although they have not been quantified, they have materialised. In the detailed section, this corresponds to quantified=false and materialized=true. - FY2022RestatedAnnual report
「Meanwhile, the global surge in timber prices caused by the wood shock, triggered by rising housing demand in the United States, led to timber shortages and soaring prices, but our established supply chain enabled us to maintain a stable supply of timber.」
The timber shortages and soaring prices caused by the wood shock continued to be reported, along with the stable supply enabled by the supply chain. - FY2022-Q3WorsenedAnnual report
「Meanwhile, in the wooden housing industry, the impact of the wood shock, triggered by rising timber demand in the United States and China, was strongly reflected in domestic distribution during the third quarter under review, causing timber prices to more than double.」
It was stated that the impact of the wood shock was strongly reflected in domestic distribution and that timber prices rose to more than twice their previous level, further crystallising and intensifying price risk. - FY2022-Q2MaterialisedAnnual report
「Meanwhile, the impact of the wood shock, triggered by rising timber demand in the United States and China, continued to manifest in supply shortages and soaring prices during the second quarter under review, and uncertainty over timber supplies persisted in the housing industry.」
It was stated that timber shortages and soaring prices caused by the wood shock continued into the second quarter. In the housing sector, unit prices rose by approximately 20% as timber prices increased. - FY2022-Q1MaterialisedAnnual report
「Meanwhile, soaring timber prices and supply uncertainty (the wood shock), triggered by rising timber demand in the United States and China, have emerged.」
It was stated that soaring prices and supply uncertainty driven by increased timber demand continued into the first quarter under review. - FY2021MaterialisedAnnual report
「The global supply-demand balance for timber resources has changed due to the rapid expansion of housing demand in the United States and increased demand for timber in China, making imports to Japan increasingly difficult.」
The tight supply-demand balance for timber resources and increasing difficulty of importing timber into Japan were described as the “wood shock” in the current business environment. - FY2019First statedAnnual report
「If sharply rising raw material prices and other factors prevent timely pass-through to selling prices, the Group's business results may be affected.」
The risk of higher procurement prices against a backdrop of conditions in timber-producing countries, the supply-demand balance and competition in the building materials market.