Earnings pressure from higher energy and material costs
First written in FY2023-Q3. 6 of 14 entries say "Worsened", first in FY2024-Q1. Latest entry: 2026-10-30.
The whole theme swung hardest in 2022: 124 of 167 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「The outlook for the economy remains uncertain, as heightened tensions in the Middle East are expected to cause further inflation through shortages of oil-related products and higher oil prices.」
In addition to the previously cited high energy and material costs, the company points to the situation in the Middle East, higher oil prices, and the prospect of further inflation. - FY2025-H1RestatedAnnual report
「However, due to the prolonged Russian invasion of Ukraine and concerns about a slowdown in the Chinese economy, the outlook remains uncertain, with the weak yen and elevated energy prices expected to persist.」
The company continues to describe an uncertain operating environment due to prolonged elevated energy prices and the ongoing depreciation of the yen. - FY2024RestatedAnnual report
「Against this backdrop, the environment surrounding our group is one of rising manufacturing costs, including increases in various materials, due to higher fuel prices and the ongoing depreciation of the yen.」
The company continues to describe rising manufacturing costs and earnings pressure caused by fuel prices, the weak yen, and higher prices for various materials. - FY2024-Q3RestatedAnnual report
「Against this backdrop, the environment surrounding our group is one of rising manufacturing costs due to higher fuel prices and increases in consumable materials.」
Higher fuel prices and increases in consumable materials remain a risk in the operating environment through their impact on manufacturing costs. - FY2024-Q2RestatedAnnual report
「As prices for printing paper and chemical-product raw materials remain elevated due to the weak yen, higher manufacturing costs, including electricity costs, are tending to reduce profit.」
The company continues to describe a situation in which the weak yen keeps paper and raw-material prices elevated, while higher manufacturing costs, including electricity, reduce profit. - FY2024-Q1WorsenedAnnual report
「We are facing earnings pressure as manufacturing costs rise due to persistently high electricity costs and further increases in material prices.」
In addition to persistently high electricity costs, further increases in material prices have been identified, intensifying the pressure on manufacturing costs and earnings. - FY2023MaterialisedAnnual report
「This is due in part to higher fuel costs, including electricity and gas, and higher material costs, including paper and ink.」
Full-year results state that higher fuel and material costs actually contributed to declines in gross profit and operating profit. - FY2023-Q3First statedAnnual report
「We are facing earnings pressure as variable costs rise due to higher energy costs, including electricity and gas, and continued increases in material prices.」
The company states that higher energy and material costs have already pushed up variable costs and manufacturing costs, putting pressure on operating profit and other earnings.