Risk of Higher Packaging Material Purchase Prices Due to Crude Oil Price Fluctuations
First written in FY2021. 6 of 16 entries say "Restated". Latest entry: 2026-09-18.
Nomura moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Sales of materials remained firm as the company responded to changes in consumer needs resulting from higher rice prices, passed through higher raw-material costs at the beginning of the period, and met demand for materials associated with the government's release of reserve rice.」
The company explains that it passed through higher raw-material costs at the beginning of the period, and sales of materials remained firm. - FY2025-H1MitigatedAnnual report
「Sales of materials remained firm, supported by the response to demand for smaller packaging materials resulting from higher rice prices and the appropriate pass-through of higher raw-material costs implemented at the beginning of the period.」
The company explains that it appropriately passed through higher raw-material costs at the beginning of the period, and sales of materials remained firm. - FY2024RestatedAnnual report
「If crude oil prices fluctuate significantly and, for any reason, the Group is unable to pass changes in procurement costs on to selling prices, this could affect the Group's operating results and financial position.」
The company continues to recognize the risk of fluctuations in crude oil and raw-material prices and difficulty passing them through to selling prices, with information gathering, coordination with suppliers and selling-price revisions as countermeasures. - FY2024-Q2RestatedAnnual report
「Amid continued challenging conditions, including persistently high raw-material prices, the Group focused on securing new projects through sales activities emphasizing customer needs, as well as reducing selling, general and administrative expenses.」
The company recognizes the challenging environment of continued high raw-material prices and seeks to mitigate their impact by securing new projects and reducing selling, general and administrative expenses. - FY2023RestatedAnnual report
「We focused on a range of cost reductions to minimize the impact of persistently high resource prices.」
Recognizing the continued elevated levels of crude oil and resource prices, the company continues to mitigate their impact through cost reductions and price pass-through. - FY2023-Q3RestatedAnnual report
「We also focused on a range of cost reductions to minimize the impact of persistently high resource prices.」
Amid continued high resource prices, the company continues to mitigate their impact through cost reductions. - FY2023-Q2RestatedAnnual report
「We also focused on a range of cost reductions to minimize the impact of persistently high resource prices.」
As resource prices remain elevated, the company continues to work to mitigate their impact through cost reductions. - FY2023-Q1RestatedAnnual report
「Japan's economy remains unpredictable, as resource prices and consumer prices continue to rise against the backdrop of the prolonged conflict in Ukraine and monetary policy developments.」
The company reconfirms the external environment of continued high resource prices and rising consumer prices. It states that there have been no significant changes to the business and other risks described in the previous fiscal year. - FY2022WorsenedAnnual report
「To mitigate the impact of higher procurement prices for materials and parts, we focused on a range of cost reductions, including selling, general and administrative expenses.」
Higher procurement prices for raw materials and parts are explicitly identified as part of the actual operating environment during the period, requiring cost-cutting measures. - FY2022-Q3WorsenedAnnual report
「Meanwhile, concerns remain over the uncertain economic outlook, including the rapid depreciation of the yen, surging resource and energy prices resulting from the situation between Russia and Ukraine, the spread of COVID-19 infections during the seventh wave, and delays in the delivery of machinery parts due to delays in marine transport.」
The company explicitly identifies surging resource and energy prices against the backdrop of the situation between Russia and Ukraine, rather than limiting the issue to crude oil, again indicating the challenging environment surrounding raw-material price risk for packaging materials. - FY2022-Q2WorsenedAnnual report
「Since February, the outlook has remained uncertain due to concerns including higher crude oil prices resulting from the situation in Ukraine and elsewhere, higher raw-material prices caused by yen depreciation accompanying exchange-rate fluctuations, and delays in the delivery of machinery parts due to the resurgence of COVID-19 infections and delays in marine transport.」
The company explicitly identifies higher crude oil prices and concerns over rising raw-material prices against the backdrop of the situation in Ukraine and elsewhere, indicating that the external environment surrounding the crude oil price fluctuation risk described in the previous period has deteriorated. - FY2021First statedAnnual report
「Packaging-material products account for more than half of the Group's sales (packaging-material products represented 52% of sales in the fiscal year ended October 2021). If crude oil prices fluctuate significantly and, for any reason, the Group is unable to pass changes in procurement costs on to selling prices, this could affect the Group's operating results and financial position.」
The Group uses petrochemical products whose prices are linked to crude oil as its principal raw materials, with price pass-through, coordination with suppliers and selling-price revisions as countermeasures.