Risk of Rising Steel Prices and Procurement Difficulties
First written in FY2016. 18 of 27 entries say "Restated". Latest entry: FY2026-H1.
Kanemitsu 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: 42 of 71 companies on the "Worse" side.
27 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no new occurrence or significant change regarding the risk of higher steel prices and procurement difficulties. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no new occurrence or significant change regarding the risk of higher steel prices and procurement difficulties. - FY2024WorsenedAnnual report
「Our group procures the raw materials, components, and other items used to manufacture its products from multiple suppliers outside the group, and depends on specific suppliers for some of these items. If our group becomes unable to continue procuring these raw materials, components, and other items efficiently and at stable costs due to factors beyond its control, such as market conditions and disasters, this may have a material impact on our group's operating results and financial position.」
In addition to the existing risk of higher raw material prices, the company explicitly identifies dependence on specific suppliers and the possibility of a material impact if stable procurement becomes difficult. - FY2024-Q3RestatedAnnual report
「The global economy's pace of recovery remained slow during the cumulative third quarter, with uncertainty including energy-related problems and higher prices.」
The company states that uncertainty concerning raw material and procurement costs, including energy-related problems and higher prices, continues. - FY2024-Q2RestatedAnnual report
「Although domestic demand is recovering and tourism is being revitalized in Japan, issues including semiconductor shortages, energy-related problems, and higher prices across the board remain unresolved, and uncertainty continues.」
The company states that uncertainty concerning raw material and procurement costs, including semiconductor shortages and higher prices across the board, continues. - FY2024-Q1MaterialisedAnnual report
「Meanwhile, at overseas locations, the ability to pass higher raw material prices on to selling prices was limited, putting pressure on some profit margins.」
The company states that limited pass-through of higher raw material prices to selling prices actually put pressure on some profit margins at overseas locations. - FY2023-Q3WorsenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, uncertainty about the outlook increased due to supply chain disruptions caused by semiconductor shortages, higher resource and logistics costs, the prolonged Russia-Ukraine situation, and cost fluctuations resulting from the rapid depreciation of the yen, even as measures to address COVID-19 and economic activity progressed in parallel.」
The company states that higher raw material and resource prices and logistics costs, supply chain disruptions, and cost fluctuations caused by the yen's depreciation have continued, increasing uncertainty about the outlook. - FY2023-Q1WorsenedAnnual report
「In addition to semiconductor shortages and higher resource prices and logistics costs, the Russia-Ukraine situation and supply chain disruptions have increased uncertainty about the outlook.」
Regarding the risk of higher raw material prices and procurement difficulties, the company states that higher resource prices and logistics costs and supply chain disruptions have continued, increasing uncertainty about the outlook. - FY2022WorsenedAnnual report
「Raw material prices, particularly for iron and stainless steel, have recently surged, and if this situation continues for an extended period, it may have a material impact on our group's operating results and financial position.」
Regarding the risk of steel and raw material prices, the company states that prices for iron and stainless steel have recently surged and explicitly notes the possibility of a material impact if the situation continues for an extended period. - FY2022-Q3WorsenedAnnual report
「The automotive industry was also affected by the spread of COVID-19 and supply constraints, including semiconductor shortages, as well as higher prices for component raw materials and downside economic risks. Domestic vehicle sales declined 19.3% year on year in the third quarter accounting period amid conditions influenced by the spread of the infection.」
The company states that price increases for component raw materials have occurred, meaning that the existing risk of higher steel prices and raw material procurement difficulties has emerged as a specific increase in costs. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there has been no new occurrence or significant change regarding the risk of higher steel prices and procurement difficulties. - FY2022-Q1WorsenedAnnual report
「Although Japan's economy is showing signs of recovery from the severe conditions caused by the impact of COVID-19, risk factors including the recent resurgence of COVID-19, soaring raw material prices, and shortages of semiconductors and other components have emerged, and the outlook for the economy remains uncertain.」
Regarding the existing risk of higher steel prices and raw material procurement, the company states that soaring raw material prices have emerged recently. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the third-quarter cumulative consolidated period.」
The company indicates that no new changes have occurred regarding the risk of higher steel prices and procurement difficulties. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter period, 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.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - 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 or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, 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.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - 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 or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, 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.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - 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 or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - FY2017Response measures made more specificAnnual report
「If raw material procurement costs rise, our group plans to reduce manufacturing costs, absorb the increase in raw material prices, consider passing the increase on to selling prices, and consider adopting lower-priced locally sourced materials in Thailand, China, India, and Indonesia.」
In response to the risk of higher steel prices and procurement difficulties, the company specifically describes measures including reducing manufacturing costs, passing the increase on to selling prices, and adopting lower-priced locally sourced materials in 4 countries. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, 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.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - 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 or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risk of higher steel prices and procurement difficulties. - FY2016First statedAnnual report
「The purchase prices of raw materials may fluctuate due to trends in the steel market and foreign exchange movements.」
The company identifies fluctuations in steel prices, foreign exchange movements, and procurement difficulties caused by supplier-related circumstances as risks.