Raw Material Price Movements for Gold, Platinum, Diamonds and Other Materials
First written in FY2017. 5 of 17 entries say "Worsened", first in FY2020. Latest entry: FY2026.
Crossfor moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 8 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Demand weakened as soaring bullion prices drove up selling prices.」
Soaring bullion prices led to higher selling prices and weaker demand, with an actual impact emerging in the overseas order environment. In Japan, however, sales of bullion-related products and bullion trading gains from re-refining contributed to profits. - 2026-09-14MaterialisedRevision of earnings forecasts
「Demand weakened as soaring bullion prices drove up selling prices.」
地金相場の高騰が販売価格の上昇を通じて需要に影響したことが、通期の事業環境として示された。 - FY2026-H1MaterialisedAnnual report
「Meanwhile, overseas order conditions remained weak, as the impact of tariffs in the U.S. market continued and higher selling prices resulting from soaring bullion prices caused demand to decline.」
Higher bullion prices led to higher selling prices, which in turn caused overseas demand to weaken. Fluctuations in raw material prices are affecting the sales environment. - FY2025Gains on fair value adjustments arising from bullion re-refiningAnnual report
「This was due to a gain on fair value adjustments arising from the re-refining of bullion.」
Against a backdrop of fluctuating raw material prices, gains on fair value adjustments arising from bullion re-refining contributed to higher gross profit. - FY2025-H1MitigatedAnnual report
「This was due to successful proposals tailored to soaring bullion prices for major domestic retailers and wholesalers, resulting in steady orders.」
The company stated that it made proposals tailored to major domestic retailers and wholesalers in response to soaring bullion prices, and that orders remained steady. - FY2024Results of proposals addressing the weaker yen and higher bullion pricesAnnual report
「The company has made product proposals tailored to the weaker yen and soaring bullion prices for each sales channel, with results becoming apparent among online retailers and major retail stores.」
The company stated that it made proposals tailored to the weaker yen and soaring bullion prices for each sales channel, with results becoming apparent among online retailers and major retail stores. - FY2024-Q3Results of measures to address soaring bullion prices becoming apparentAnnual report
「The company has proposed products tailored to the weaker yen and soaring bullion prices for each sales channel. The results of these efforts began to emerge in the third quarter of the consolidated fiscal period, although sales declined slightly over the cumulative period.」
The company stated that it proposed products tailored to the weaker yen and soaring bullion prices for each sales channel, with results becoming apparent during the quarterly accounting period. Domestic sales declined slightly over the cumulative period, however. - FY2023WorsenedAnnual report
「The macroeconomic environment remains challenging, with global inflation and soaring resource prices, among other factors.」
Regarding the risk of raw material price fluctuations, continuing global inflation and soaring resource prices were identified as factors contributing to a challenging macroeconomic environment. - FY2023-Q3RestatedAnnual report
「In response to the recent surge in raw material prices and expenses, we will develop products combining different materials and products using our patented technologies, striving to maximize profits.」
The company recognized that high raw material prices and expenses are continuing, and stated that it intends to respond by developing products combining different materials and products using patented technologies. - FY2023-Q1MaterialisedAnnual report
「The business environment remains challenging, with increases in the prices of key raw materials such as bullion and diamonds contributing to a deterioration in the cost ratio, among other factors.」
The impact of higher bullion and diamond prices in worsening the cost ratio was reflected in the business environment for the quarter. - FY2022WorsenedAnnual report
「In addition, the business environment surrounding the Group remains challenging, including the impact of soaring prices for raw materials such as bullion and diamonds resulting from geopolitical risks.」
The company cited soaring prices for raw materials such as bullion and diamonds against a backdrop of geopolitical risks, indicating that the risk of raw material price fluctuations is continuing and becoming more pronounced. - FY2022-Q3WorsenedAnnual report
「In addition, concerns have arisen over the impact of soaring prices for raw materials such as bullion and diamonds due to geopolitical risks, among other factors.」
Concerns over soaring prices for raw materials such as bullion and diamonds against a backdrop of geopolitical risks have placed a strong focus on the risk of fluctuations in raw material prices. - FY2022-Q2WorsenedAnnual report
「Concerns over global inflation caused by soaring raw material and energy prices.」
Concerns over inflation caused by soaring raw material and energy prices were cited, placing a strong focus on the risk of fluctuations in raw material prices. - FY2021RestatedAnnual report
「If the purchase prices of these key raw materials fluctuate sharply and cannot be passed on to product prices in a timely manner due to supply and demand conditions and other factors, this could affect the financial position and operating results of the Group.」
The company continues to face the risk of fluctuations in raw material prices, including gold, platinum and diamonds, and an inability to pass on higher costs. - FY2020WorsenedAnnual report
「An increase in bullion prices is expected.」
The company stated that bullion prices are expected to rise in the next period, highlighting the risk of higher costs and an inability to pass on increases in raw material prices. - FY2018RestatedAnnual report
「If the purchase prices of these key raw materials fluctuate sharply and cannot be passed on to product prices in a timely manner due to supply and demand conditions and other factors, this could affect the financial position and operating results of the Group.」
The company continues to disclose fluctuations in the prices of raw materials such as gold, platinum and diamonds, and the potential impact if higher costs cannot be passed on to customers. - FY2017First statedAnnual report
「If the purchase prices of these key raw materials fluctuate sharply and cannot be passed on to product prices in a timely manner due to supply and demand conditions and other factors, this could affect the financial position and operating results of the Group.」
The risk is that international market conditions and price trends for gold, platinum and diamonds could raise costs and prevent the company from passing on higher prices.