Product Price Revisions in Response to Higher Costs and Yen Depreciation
First written in FY2022. 6 of 7 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026-H1.
The whole theme swung hardest in 2017: 2 of 7 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Profit margins improved owing to lower costs resulting from improved yields and price increases from July 2025.」
The Company implemented price increases from July 2025, which, together with lower costs from improved yields, led to improved profit margins. - FY2024-Q3AdvancedAnnual report
「The effect of price revisions from the second quarter of the fiscal year ending March 2023 led to higher gross profit and operating income of ¥1,818 million, up 124.8% year on year.」
The effect of price revisions implemented between April and July 2022, together with lower unit costs from mass-production efficiencies, contributed to higher gross profit and operating income. - FY2024-Q2AdvancedAnnual report
「Profit increased as gross profit rose owing to lower unit costs resulting from increased sales and production volumes and the effect of price revisions from the second quarter of the fiscal year ending March 2023. Selling, general and administrative expenses were also appropriately controlled, resulting in operating income of ¥1,307 million, up 173.9% year on year.」
The effect of price revisions from the previous fiscal year, together with lower unit costs resulting from increased production volumes, contributed to higher gross profit and operating income. - FY2024-Q1AdvancedAnnual report
「Profit also increased, as gross profit rose owing to economies of scale from increased sales and the positive effect of price revisions implemented from the previous fiscal year.」
The Company states that price revisions implemented from the previous fiscal year, together with economies of scale, contributed to higher gross profit. - FY2023-Q2AdvancedAnnual report
「Because changes in the operating environment occurred that were difficult to absorb through corporate efforts, including sharp rises in raw material and energy prices and rapid yen depreciation, the Company sought to absorb the resulting cost increases by raising wholesale prices for most disposable contact lens products between April and July 2022.」
To address sharp rises in raw material and energy prices and yen depreciation, the Company raised wholesale prices for most disposable lens products between April and July 2022. - FY2023-Q1AdvancedAnnual report
「Because changes in the operating environment occurred that were difficult to absorb through corporate efforts, including sharp rises in raw material and energy prices and rapid yen depreciation, the Company raised prices on most disposable contact lens products between April and June 2022.」
To address higher costs and yen depreciation, the Company raised prices on most disposable contact lens products between April and June 2022. - FY2022First statedAnnual report
「Since April 2022, we have been sequentially asking customers to accept price increases on most disposable contact lens products to absorb increases in manufacturing costs that cannot be offset through corporate efforts such as reducing manufacturing costs, as well as higher import costs resulting from yen depreciation. We expect the new prices to apply broadly from June to July 2022, which should lead to a gradual improvement in profitability.」
To address higher costs and increased import costs resulting from yen depreciation, the Company raised prices on most disposable lenses and expects the new prices to apply from June to July 2022, with profitability improving gradually.