Fluctuations in aluminum and stainless steel and other raw material prices
First written in FY2016. 12 of 17 entries say "Restated". Latest entry: 2026-11-12.
Tokyo Radiator Mfg. moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 8 of 9 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「In terms of profit, although challenging business conditions continued due to soaring material and component prices and higher labor costs resulting from wage increases, operating profit was ¥742 million, up ¥91 million, or 14.0%, year on year, and ordinary profit was ¥837 million, up ¥108 million, or 14.9%, year on year, as a result of continued cost-reduction initiatives such as improving manufacturing process efficiency.」
Soaring material and component costs continue to form part of the difficult business environment. By contrast, earnings improved through cost reduction initiatives. - FY2024-Q3RestatedAnnual report
「Although costs continued to rise due to higher material and procured component prices, operating profit increased by ¥828 million, or 280.0%, to ¥1,124 million, and ordinary profit increased by ¥779 million, or 170.6%, to ¥1,236 million, as a result of promoting manufacturing efficiency and fixed-cost reductions.」
The disclosure states that higher costs resulting from price increases for materials and procured components have continued. By contrast, earnings improved through manufacturing efficiency measures and fixed-cost reductions. - FY2024-Q2RestatedAnnual report
「In terms of profit, although challenging business conditions continued due to soaring material and component prices and energy costs, including electricity, operating profit improved by ¥721 million to ¥651 million and ordinary profit increased by ¥677 million to ¥728 million as a result of continued cost-reduction initiatives such as improving manufacturing process efficiency and cutting fixed costs.」
Soaring material and component costs, together with higher energy costs, continue to form part of the difficult business environment. By contrast, earnings improved through cost reduction initiatives. - FY2024-Q1RestatedAnnual report
「In terms of profit, although challenging business conditions continued due to surging energy costs, including electricity charges, the company continued to pursue cost-reduction initiatives such as improving manufacturing process efficiency and cutting fixed costs. In addition, as a result of advancing price pass-through for the impact of soaring material prices and other costs, operating profit improved by ¥407 million to ¥250 million, ordinary profit improved by ¥411 million to ¥297 million, and net profit attributable to owners of the parent improved by ¥381 million to ¥179 million.」
The disclosure identifies the impact of soaring material costs as part of the continuing difficult business environment. By contrast, operating profit improved as a result of passing on costs to prices and other measures. - FY2023-Q3RestatedAnnual report
「Although cost increases have resulted from soaring utility costs, persistently high aluminum and steel prices and logistics costs, and deteriorating production efficiency due to the expansion of production adjustments caused by parts shortages,」
Persistently high aluminum and steel prices, together with utility costs, logistics costs and deteriorating production efficiency caused by parts shortages, continue to be identified as cost increase factors. - FY2023-Q2RestatedAnnual report
「In terms of profit, although cost-reduction and rationalization initiatives continued, operating income deteriorated by ¥94 million from the same quarter of the previous year, resulting in a loss of ¥69 million due to higher costs accompanying surging utility expenses, persistently high aluminum and steel prices and logistics costs, and deteriorating production efficiency resulting from the spread of production adjustments caused by parts shortages.」
Elevated aluminum and steel prices continue to be identified as cost increase factors. Persistently high or rising logistics and utility costs are also weighing on earnings. - FY2023-Q1WorsenedAnnual report
「Cost increases resulting from elevated aluminum and steel prices and utility costs」
In addition to persistently elevated aluminum and steel prices, elevated utility costs were also identified as a cost increase factor, and earnings pressure from raw material prices continues. - FY2022-Q3WorsenedAnnual report
「Cost increases resulting from elevated aluminum, steel and crude oil prices」
In addition to persistently elevated aluminum and steel prices, elevated crude oil prices were also identified as a cost increase factor, broadening the range of earnings pressure from raw material price fluctuations. - FY2022-Q2RestatedAnnual report
「Although we have thoroughly pursued cost reduction and internal rationalization initiatives, cost pressure from elevated aluminum and steel prices and higher overseas freight costs continued to affect earnings,」
Cost pressure from elevated aluminum and steel prices continues to affect earnings. - FY2022-Q1MaterialisedAnnual report
「In terms of profit, cost pressures from persistently high aluminum and steel prices continued, but the recovery in sales and thorough cost-reduction and internal rationalization initiatives resulted in operating profit of ¥176 million, compared with an operating loss of ¥361 million in the same period of the previous year.」
The disclosure states that cost pressure from elevated aluminum and steel prices has continued to affect earnings. - FY2020RestatedAnnual report
「Among the raw materials purchased by our Group, the purchase prices of non-ferrous metals such as aluminum and stainless steel may fluctuate due to conditions in the non-ferrous metals market. As it may not be possible to pass on all increases in these prices to selling prices, they may affect our Group's financial position and operating results.」
The disclosure reiterates the risk of fluctuations in non-ferrous metal prices and the possibility that increases cannot be fully passed on to selling prices. - FY2017RestatedAnnual report
「Among the raw materials purchased by our Group, the purchase prices of non-ferrous metals such as aluminum and stainless steel may fluctuate due to conditions in the non-ferrous metals market.」
The disclosure reiterates the risk of fluctuations in the prices of non-ferrous metals such as aluminum and stainless steel and the possibility that increases in those prices cannot be passed on to selling prices. - FY2016First statedAnnual report
「The purchase prices of non-ferrous metals such as aluminum and stainless steel may fluctuate due to conditions in the non-ferrous metals market.」
The disclosure identifies as a risk the possibility that all increases in costs cannot be passed on to selling prices.