Risk of rising raw-material and crude-oil prices
First written in FY2016. 8 of 17 entries say "Restated". Latest entry: 2026-07-31.
Nakayamafuku 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: 19 of 29 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- 2026-07-31MaterialisedEarnings
「The challenging business environment continued, including higher purchasing costs due to soaring raw material prices and yen depreciation, and increases in selling, general and administrative expenses, mainly variable costs such as freight and labor costs.」
Higher raw material and purchasing costs, freight costs and labor costs affected the earnings environment in the first quarter. Operating income, however, increased 200.3% year on year. - FY2026MaterialisedAnnual report
「Against the backdrop of higher prices, procurement costs remained elevated and selling, general and administrative expenses, particularly variable costs, increased,」
The company states that persistently high raw material and procurement costs continued to affect actual profit and loss through increases in selling, general and administrative expenses, particularly variable costs. - 2026-05-08WorsenedEarnings
「Against a backdrop of high prices, purchasing costs remained elevated, while selling, general and administrative expenses, mainly variable costs, increased,」
The Company specifically identifies elevated purchasing costs and an increase in selling, general and administrative expenses, mainly variable costs, as factors affecting earnings for the fiscal year. - FY2024-Q3WorsenedAnnual report
「In addition to passing higher costs resulting from inflation on to selling prices, the company discounted inventory and conducted sales promotions in anticipation of changing consumer needs and trends in the sales market, working to optimize inventory levels, which temporarily reduced the gross margin.」
The company states that, although it passed higher costs on to selling prices, discount sales and promotions to optimize inventory levels temporarily reduced the gross margin. - FY2024-Q2RestatedAnnual report
「Passing higher costs resulting from inflation on to selling prices kept the gross margin at the level of the same period of the previous year.」
The company states that higher costs continue, but passing them on to selling prices kept the gross margin at the level of the same period of the previous year. No new changes are indicated in the risk itself of higher raw material and procurement prices. - FY2024-Q1RestatedAnnual report
「Although passing higher costs resulting from inflation on to selling prices kept the gross margin at the level of the same period of the previous year, persistently high personnel and logistics costs mainly resulted in an operating loss of ¥101 million, compared with an operating loss of ¥95 million in the same period of the previous year」
The company states that higher costs continue, but passing them on to selling prices kept the gross margin at the level of the same period of the previous year. The risks and impact of higher raw material and procurement prices continue to be recognized. - FY2023MitigatedAnnual report
「Although passing higher costs resulting from inflation on to selling prices kept the gross margin at the level of the same period of the previous year」
The company states that higher costs continue, but passing them on to selling prices kept the gross margin at the level of the same period of the previous year, limiting to some extent the impact of higher raw material prices on the gross margin. - FY2023-Q3RestatedAnnual report
「Although passing higher costs resulting from inflation on to selling prices and other measures contributed to a recovery in the gross margin, the burden of logistics costs, including persistently high freight rates, offset the benefit」
The company states that higher costs and the burden of logistics expenses continue, while passing them on to selling prices and other measures contributed to a recovery in the gross margin. - FY2023-Q2RestatedAnnual report
「The operating environment surrounding the Group became challenging due to intensifying sales competition amid industry consolidation and other factors in its main markets, a decline in personal consumption resulting from higher prices, surging resource prices, and higher procurement costs from manufacturers and others against the backdrop of yen depreciation.」
Higher procurement costs driven by surging resource prices and yen depreciation are cited as continuing factors making the operating environment more challenging. - FY2023-Q1MaterialisedAnnual report
「In terms of profit and loss, due to lower net sales and a higher cost ratio resulting from surging raw material prices, the company posted an operating loss of ¥95 million, compared with operating profit of ¥48 million in the same period of the previous year, ordinary profit of ¥5 million, down 96.7% year on year, and a quarterly net loss attributable to owners of the parent of ¥16 million, compared with quarterly net profit attributable to owners of the parent of ¥88 million in the same period of the previous year.」
The company states that the higher cost ratio resulting from surging raw material prices affected actual profit and loss, with operating profit in the same period of the previous year turning into an operating loss. - FY2022-Q3RestatedAnnual report
「In the plastic household products manufacturing business, the company focused on selling high-margin products together with the interior-related products business, but was affected by a higher cost ratio resulting from surging raw material prices and other factors.」
The impact of higher raw material prices on the cost ratio continues to appear in the manufacturing business's results. This is consistent with the statement that there have been no new risks or material changes. - FY2022-Q1MaterialisedAnnual report
「Higher raw material prices have led to increases in manufacturing costs and procurement costs, and the operating environment surrounding the Group has become challenging.」
States that the previous risk of higher raw material prices has materialized in the form of actual increases in manufacturing and procurement costs. - FY2021WorsenedAnnual report
「Raw material prices and import costs are expected to remain elevated, and we expect the operating environment surrounding the company to become even more challenging.」
In addition to the previous risk of higher raw material prices, the company explicitly states that elevated import costs are also expected to persist, indicating a worsening outlook for cost-increase risks. - FY2020RestatedAnnual report
「If raw material prices continue to rise beyond expectations, resulting in significantly higher-than-expected procurement costs, and passing these increases on to selling prices is difficult, the Group's business performance and financial condition could be adversely affected.」
The risks associated with higher raw material and crude oil prices and difficulty passing them on to selling prices continue. - FY2019RestatedAnnual report
「If raw material prices continue to rise beyond expectations, resulting in significantly higher-than-expected procurement costs, and passing these increases on to selling prices is difficult, the Group's business performance and financial condition could be adversely affected.」
The risks associated with higher raw material and crude oil prices and difficulty passing them on to selling prices continue. - FY2018RestatedAnnual report
「If raw material prices continue to rise beyond expectations, resulting in significantly higher-than-expected procurement costs, and passing these increases on to selling prices is difficult, the Group's business performance and financial condition could be adversely affected.」
The risks associated with higher raw material and crude oil prices and difficulty passing them on to selling prices continue. - FY2016First statedAnnual report
「The main raw materials for the Group's principal products are aluminum, stainless steel, iron and naphtha, and higher raw material prices, including fluctuations in crude oil prices, could give rise to risks.」
Shows the impact on business performance if higher procurement costs cannot be passed on to selling prices.