Risk of soaring raw material prices for stainless steel, platinum and other materials
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「The prices of these raw materials may be affected by resource prices, crude oil and natural gas prices, foreign exchange rates, supply and demand conditions, geopolitical developments, environmental regulations and other factors.」
The disclosed risks were expanded from the previous risk of surging stainless steel and platinum prices to include shortages of and procurement delays for raw materials, including resin materials and chemicals, as well as cost increases arising from environmental regulations and other factors. - FY2019RestatedAnnual report
「Many of the products manufactured by the Group use stainless steel and platinum as part of their raw materials. Although raw materials account for a relatively low proportion of sales, if prices for these materials rise more than anticipated, particularly if platinum prices surge, the Group's results may be affected.」
The Group continues to disclose the risk of surging stainless steel and particularly platinum prices. - FY2017RestatedAnnual report
「Many of the products manufactured by the Group use stainless steel and platinum as part of their raw materials. Although raw materials account for a relatively low proportion of sales, if prices for these materials rise more than anticipated, particularly if platinum prices surge, the Group's results may be affected.」
The Group continues to disclose the risk of surging stainless steel and platinum prices. - FY2016First statedAnnual report
「Many of the products manufactured by the Group use stainless steel and platinum as part of their raw materials. Although raw materials account for a relatively low proportion of sales, if prices for these materials rise more than anticipated, particularly if platinum prices surge, the Group's results may be affected.」
Although the raw-material ratio is relatively low, the Group identifies rising prices for stainless steel, and particularly platinum, as a risk.