Profitability pressured by soaring raw material prices
First written in FY2022-Q3. 5 of 16 entries say "Materialised", first in FY2022. Latest entry: 2026-08-05.
The whole theme swung hardest in 2022: 121 of 167 companies on the "Worse" side.
- 2026-08-05MaterialisedEarnings presentation
「The deterioration in raw-material prices and market conditions reduced performance by ¥17 billion.」
The amount by which deteriorating raw-material prices and market conditions reduced performance was presented as a first-quarter result, showing that pressure on profitability had become an actual factor in the decline in earnings. - FY2026WorsenedAnnual report
「Segment profit declined to ¥32.1 billion, down ¥388.3 billion, or 92.4%, from the previous consolidated fiscal year due to the impact of additional U.S. tariffs, environmental regulation-related costs, including losses related to environmental regulatory credits, and BEV-related costs.」
In addition to raw material and parts procurement costs and additional U.S. tariffs, environmental regulation-related and BEV-related costs contributed to a 92.4% decline in Automotive segment profit. - FY2026-H1MaterialisedAnnual report
「Operating profit was ¥102.7 billion, down ¥119.3 billion, or 53.8%, year on year, due to the impact of additional U.S. tariffs, higher research and development expenses, higher raw-material prices and other factors.」
In addition to higher raw material prices, additional U.S. tariffs emerged as a realized factor reducing operating profit for the interim period. - FY2025WorsenedAnnual report
「The U.S. tariff policy is increasing the procurement costs of parts imported from certain countries for vehicles produced locally at the U.S. production facilities. The company will continue monitoring the impact on raw materials and parts procurement and improving costs by pursuing optimal procurement together with its business partners.」
Higher raw material, logistics and energy prices were compounded by higher parts procurement costs resulting from U.S. tariff policy. - FY2024MitigatedAnnual report
「For precious metals, the company is working to mitigate the effects of price fluctuations by adjusting the amount of raw materials used while maintaining their material properties and functionality.」
Although raw material price volatility remains a risk, the company continues to implement measures to mitigate its impact, including adjusting the amount of precious metals used. - FY2024-Q3Strong profit growth despite continued raw material price increasesAnnual report
「On the earnings front, despite increased expenses and higher raw material prices, operating profit rose to ¥371 billion, up ¥157.3 billion, or 73.6%, year on year, due to higher automotive unit sales and the positive effect of foreign exchange movements, among other factors.」
Higher raw material prices continued to be cited as a factor weighing on earnings, but operating profit increased 73.6% year on year due to higher automotive unit sales and foreign exchange effects, among other factors. - FY2024-Q2Strong profit growth despite continued raw material price increasesAnnual report
「On the earnings front, despite increased expenses and higher raw material prices, operating profit rose to ¥185.8 billion, up ¥75.4 billion, or 68.3%, year on year, due to higher automotive unit sales and the positive effect of foreign exchange movements, among other factors.」
Higher raw material prices continued to be cited as a factor weighing on earnings, but operating profit for the first half increased 68.3% year on year due to higher automotive unit sales and foreign exchange effects, among other factors. - FY2024-Q1Profit growth despite continued raw material price increasesAnnual report
「On the earnings front, despite higher raw material prices and increased expenses, operating profit rose to ¥84.5 billion, up ¥47.5 billion, or 128.4%, year on year, due to higher automotive unit sales and the positive effect of foreign exchange movements.」
Higher raw material prices continued to be cited as a factor weighing on earnings, but operating profit increased 128.4% year on year due to higher automotive unit sales and foreign exchange effects. - FY2023MitigatedAnnual report
「In response to the sharp rise in the prices of various raw materials since fiscal 2021, the company has worked to mitigate the effects of price fluctuations in precious metals by adjusting the amount of raw materials used while maintaining their material properties and functionality.」
Although raw material price increases have continued, the company specified measures to mitigate their impact, including adjusting the amount of precious metals used. - FY2023-Q3Strong profit growth despite continued higher raw material pricesAnnual report
「On the earnings front, despite continued higher raw material prices and increased expenses, operating profit rose to ¥213.7 billion, up ¥136.5 billion, or 176.9%, year on year, due to higher revenue.」
Higher raw material prices and increased expenses continued to be cited as factors weighing on earnings, but operating profit increased 176.9% year on year due to higher revenue. - FY2023-Q2Strong profit growth despite continued higher raw material pricesAnnual report
「On the earnings front, despite higher raw material prices and increased expenses, including the effects of foreign exchange movements, operating profit rose to ¥110.4 billion, up ¥56 billion, or 102.8%, year on year, due to higher revenue.」
Higher raw material prices continued to be cited as a factor weighing on earnings, but operating profit increased 102.8% year on year due to higher revenue. - FY2023-Q1Profit growth maintained despite continued higher raw material pricesAnnual report
「On the earnings front, despite higher raw material prices and increased expenses, operating profit rose to ¥37 billion, up ¥7.4 billion, or 25.2%, year on year, due to the positive effect of foreign exchange movements and higher automotive unit sales, among other factors.」
Higher raw material prices continued to be cited as a factor weighing on earnings, but operating profit increased 25.2% year on year due to foreign exchange movements and higher automotive unit sales, among other factors. - FY2022MaterialisedAnnual report
「Although the company restrained sales incentives, reduced warranty repair costs, and benefited from foreign exchange movements, operating profit declined to ¥90.5 billion, down ¥12 billion, or 11.7%, from the previous consolidated fiscal year due to higher raw material prices, lower automotive unit sales and other factors.」
Higher raw material prices emerged as a full-year realized factor reducing operating profit, together with lower unit sales and other factors. - FY2022-Q3First statedAnnual report
「In terms of profit, although restrained sales incentives and the positive impact of foreign exchange fluctuations had a favorable effect, operating profit declined by ¥21.1 billion, or 21.4%, year on year to ¥77.2 billion due to lower vehicle sales, higher raw material prices and other factors.」
Higher raw material prices, together with lower automotive unit sales and other factors, emerged for the first time as a separate realized factor reducing operating profit.