Cost risks from rising raw material prices and limited sourcing options
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2023.
Okamoto Glass moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
The whole theme swung hardest in 2021: 24 of 53 companies on the "Worse" side.
10 other companies' latest entry also says "Materialised".
- FY2023MaterialisedAnnual report
「Sales of decorative vapor deposition for glass containers and frit increased, but profit declined due to soaring raw material costs and other factors.」
Higher raw material costs have appeared in actual results as a factor behind the decline in operating profit in the functional thin-film and glass business. - FY2019RestatedAnnual report
「Rising raw material prices lead to higher manufacturing costs, and if these costs cannot be sufficiently passed on to product prices, the Group's performance may be affected. In addition, some of the major raw materials used by the Group are subject to market price fluctuations or have limited sources of supply. Accordingly, the Group's performance may be affected if it is unable to procure raw materials at appropriate prices and in appropriate quantities in line with order trends, among other circumstances.」
Continues to identify rising raw material prices, the inability to pass on costs, limited suppliers, and the inability to procure materials in line with orders as risks. - FY2018RestatedAnnual report
「Rising raw material prices lead to higher manufacturing costs, and if these costs cannot be sufficiently passed on to product prices, the Group's performance may be affected. In addition, some of the major raw materials used by the Group are subject to market price fluctuations or have limited sources of supply. Accordingly, the Group's performance may be affected if it is unable to procure raw materials at appropriate prices and in appropriate quantities in line with order trends, among other circumstances.」
Continues to identify rising raw material prices, the inability to pass on costs, limited suppliers, and the inability to procure appropriate prices and quantities in line with orders as risks. - FY2016First statedAnnual report
「Rising raw material prices lead to higher manufacturing costs, and if these costs cannot be sufficiently passed on to product prices, the Group's performance may be affected. In addition, some of the major raw materials used by the Group are subject to market price fluctuations or have limited sources of supply.」
Identifies the inability to pass on costs, as well as market conditions and the limited availability of prices and suppliers, as risks.