Komori
Nihon Plast (7291) · RiskWorsened

Price volatility in steel, resin materials and magnesium ingots

First written in FY2018. 10 of 22 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2026.

22entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2021-Q2WorsenedFY2022-Q1 – FY2023-Q3MitigatedFY2024-Q1 – FY2024-Q22018: 320182019: 420192020: 220202021: 220212022: 420222023: 320232024: 120242025: 120252026: 22026
Same theme, other companies
Pressure on Profit from Failure to Pass Through Higher Procurement CostsA theme 82 companies write about · 82 as a headwind · 0 as a tailwind

Nihon Plast 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 2021: 30 of 53 companies on the "Worse" side.

14 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 81 companies compared. The sentences above are computed from all 81.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Profit declined by ¥327 million, or 19.1%, from the previous fiscal year to ¥1,383 million due to the negative impact of lower revenue, wage increases and revisions to procurement prices in response to price increase requests from business partners, among other factors.」

    Upward pressure on raw material and procurement prices has continued to appear as a factor reducing domestic profit through revisions to procurement prices in response to price increase requests from business partners.
  2. 2026-05-22WorsenedEarnings presentation

    「営業利益率は中国市場での得意先販売苦戦、原材料・労務費・エネルギーコストの高騰など、新たな課題の発生により目標未達」

    原材料価格に加え、労務費・エネルギーコストの高騰が営業利益率の目標未達要因として実績説明に現れた。
  3. FY2026-H1WorsenedAnnual report

    「Segment profit was ¥23 million, down ¥566 million, or 96.1%, from the same period of the previous year, due to the negative impact of lower revenue, wage increases and revisions to procurement prices in response to price increase requests from business partners, despite improved profitability from rationalization.」

    Upward pressure on raw material and procurement prices has appeared as a factor reducing profit in the domestic segment through revisions to procurement prices in response to price increase requests from business partners.
  4. FY2025-H1Selling prices fell in line with lower raw material pricesAnnual report

    「North American revenue increased by ¥1,623 million, or 5.8%, year on year to ¥29,404 million, due in part to the positive impact of foreign exchange translation. Excluding the impact of foreign exchange, however, revenue declined due in part to lower selling prices in line with customers' production cuts and declines in raw material prices and other factors.」

    In contrast to the previous increases in raw material prices, selling prices also fell in line with declines in raw material prices and other costs, materializing as a factor behind the decline in North American revenue excluding foreign exchange effects.
  5. FY2024-Q2MitigatedAnnual report

    「Although lower revenue in China, higher labor costs due to wage increases and other factors contributed to the deterioration, operating profit was ¥1,724 million due to higher revenue in other regions, improved profitability from rationalization, the easing of the impact of higher raw material prices and the elimination of production losses following customers' production recovery, among other factors.」

    The easing of the impact of higher raw material prices and other costs was cited as a factor improving profitability, and the downward pressure from raw material price fluctuations has partially eased. However, cost factors such as wage increases remain.
  6. FY2024-Q1MitigatedAnnual report

    「Easing of the impact of higher prices for certain raw materials and other items」

    The easing of the impact of higher prices for certain raw materials was cited as a factor improving profitability, and the downward pressure from raw material price fluctuations has partially eased. However, prices remain elevated and high prices persist.
  7. FY2023-Q3WorsenedAnnual report

    「The loss widened from the same period of the previous year due to higher raw material and transportation costs, production losses accompanying substantial last-minute production cuts caused by semiconductor supply shortages, and higher labor costs in North America resulting from wage increases, among other factors.」

    Higher raw material and transportation costs continued to contribute to losses in Japan, North America and elsewhere, while higher labor costs in North America further widened the loss.
  8. FY2023-Q2WorsenedAnnual report

    「Although the Company reported a loss due to higher prices for resin and magnesium raw materials resulting from market conditions and higher expenses caused by increased transportation costs and inflation, the loss narrowed due to the impact of higher revenue, lower depreciation and amortization expense following the recognition of an impairment loss in the previous fiscal year, and the partial pass-through to selling prices of higher raw material and other costs, among other factors.」

    Higher resin and magnesium raw material prices continued to contribute to losses in Japan, while higher raw material costs also reduced earnings in North America and China. Some price pass-through progressed, but the impact of higher raw material costs materialized in results.
  9. FY2023-Q1WorsenedAnnual report

    「Increases in raw material prices resulting from market conditions」

    Higher raw material prices, together with lower revenue, production losses and higher transportation costs, have materialized as factors contributing to operating loss. quantified: false; materialized: true.
  10. FY2022WorsenedAnnual report

    「Operating loss was ¥722 million, due to higher ocean freight costs resulting from container shortages, increases in raw material prices resulting from market conditions, and the impact of lower revenue from the third quarter onward, among other factors.」

    Higher prices for resin, magnesium and other raw materials and higher ocean freight costs have appeared in annual results as factors contributing to operating loss, together with lower revenue and semiconductor shortages.
  11. FY2022-Q3WorsenedAnnual report

    「The Company reported a loss due to increases in resin material prices resulting from market conditions, among other factors.」

    Higher resin material prices, together with semiconductor shortages and higher transportation costs due to container shortages, have materialized as factors contributing to losses in Japan and North America.
  12. FY2022-Q2WorsenedAnnual report

    「The Company reported a loss due to increases in resin material prices resulting from market conditions, among other factors.」

    Higher resin material prices, together with semiconductor shortages and higher transportation costs due to container shortages, have materialized as factors contributing to losses in Japan and North America.
  13. FY2022-Q1WorsenedAnnual report

    「The Company reported a loss due to difficulty securing an appropriate production structure following substantial last-minute production cuts caused by semiconductor shortages, higher ocean freight costs due to a container shortage, and increases in resin material prices resulting from market conditions, among other factors.」

    Higher resin material prices, together with higher ocean freight costs due to container shortages and semiconductor shortages, have materialized as factors contributing to losses in the domestic segment.
  14. FY2021-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 and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding price volatility in steel, resin materials and magnesium ingots.
  15. FY2021-Q1RestatedAnnual report

    「During the cumulative first quarter under review, 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.」

    No material changes were reported regarding price volatility in steel, resin materials and magnesium ingots.
  16. 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 and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding price volatility in steel, resin materials and magnesium ingots.
  17. FY2020-Q1RestatedAnnual report

    「During the cumulative first quarter under review, 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.」

    No material changes were reported regarding price volatility in steel, resin materials and magnesium ingots.
  18. FY2019RestatedAnnual report

    「The Group is working to avoid increases in procurement costs by pursuing economies of scale through measures such as standardizing component types and narrowing its supplier base. However, if higher raw material prices cannot be passed on to selling prices or absorbed through cost reductions from improvements in manufacturing methods, they could affect the Group's operating results and financial position.」

    In addition to the risk of fluctuations in raw material prices, initiatives to absorb costs through component standardization, supplier consolidation and improvements in manufacturing methods are described.
  19. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, 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.」

    No material changes were reported regarding price volatility in steel, resin materials and magnesium ingots.
  20. 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 and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding price volatility in steel, resin materials and magnesium ingots.
  21. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter under review, 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.」

    No material changes were reported regarding price volatility in steel, resin materials and magnesium ingots.
  22. FY2018First statedAnnual report

    「The prices of raw materials and components used in the Group's products, including steel, resin materials and magnesium ingots used in handles, airbags and resin components, fluctuate due to global supply and demand conditions and economic conditions in each production region.」

    The impact on operating results if market prices for key raw materials fluctuate and the impact cannot be absorbed through pass-through to selling prices or improvements in manufacturing methods is described.
Moved together

"Sluggish consumer spending, downside risks to overseas economies, and uncertainty over the outlook due to the UK's withdrawal from the EU" moved the same way as this thread, in the same document, in 10 of its 22 moves.

1099987★123456
  1. ★This thread
  2. 1Sluggish consumer spending, downside risks to overseas economies, and uncertainty over the outlook due to the UK's withdrawal from the EU10×
  3. 2Improving operating profit9×
  4. 3Interest-bearing debt reduction project9×
  5. 4Dependence on specific external suppliers for component supplies9×
  6. 5Operating profit increased despite lower revenue, while net income declined8×
  7. 6North American sales decline due to production cuts by major customers7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nihon Plast's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Earnings presentation of 2026-05-22: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.