Nakamoto Packs (7811) · RiskRestated
Sharp Rise in Timber Prices Due to the Wood Shock and Its Impact on Furniture Demand
First written in FY2022-Q1. 1 of 3 entries say "Reframed", first in FY2022-Q2. Latest entry: FY2022-Q3.
3entries
2years
0from disclosures
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Same theme, other companies
Impact of the wood shock on lumber supply and demand for furnitureA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2022-Q3RestatedAnnual report
「Furniture-related orders declined due to a shortage of processed base materials, but increased overall on strong overseas projects.」
While some furniture-related orders continue to decline due to a shortage of processed base materials, the business overall is increasing on strong overseas projects. - FY2022-Q2ReframedAnnual report
「Furniture-related orders declined for some products due to a shortage of processed base materials, but increased overall on strong overseas projects.」
The description changed from the previous reference to the sharp rise in lumber prices, or the wood shock, to a description of the business impact, namely a decline in orders for some furniture products due to a shortage of processed base materials. - FY2022-Q1First statedAnnual report
「In the furniture business, sales of mail-order furniture for export and similar products remained solid, but domestic furniture sales declined slightly as the impact of the sharp rise in lumber prices, known as the wood shock, began to emerge in some areas.」
A new business risk was reported: the sharp rise in lumber prices, known as the wood shock, had begun to affect the slight decline in sales to the domestic furniture market.