Market Fluctuations in Steel Prices
First written in FY2016. 7 of 18 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2026.
Platz moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2021: 13 of 28 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The actual exchange rate for purchases during the fiscal year was ¥148.22 to the US dollar, representing a stronger yen than in the previous fiscal year. Together with lower procurement costs, this resulted in a gross profit margin of 32.3%, up 2.4 percentage points year on year.」
The pressure on margins from raw material and procurement costs eased year on year due to the stronger yen and lower procurement costs, resulting in a gross profit margin of 32.3%. - 2026-08-07MitigatedRevisions to earnings forecasts
「In addition to the increase in net sales described above, the gross profit margin improved as a result of lower product costs and other factors. Although the exchange rate remained at a weaker-yen level compared with the previous fiscal year, the average purchase exchange rate ended at a stronger-yen level year on year due to the effect of foreign-exchange contracts and other factors, reducing procurement costs. As a result, ordinary income increased year on year, resulting in a difference from the previous fiscal year’s actual results.」
The company stated that the gross profit margin improved as a result of lower product costs and procurement costs, indicating that pressure on margins from procurement costs eased. - FY2026-H1MitigatedAnnual report
「Regarding foreign exchange, the actual exchange rate for purchases during the interim consolidated accounting period was ¥147.67 per US dollar, representing a stronger-yen trend compared with the same period of the previous year. In addition, reductions in manufacturing costs resulting from a review of manufacturing and procurement costs led to a gross margin of 32.0%, up 2.3 percentage points year on year.」
Although the trend in raw material prices such as steel was not specifically stated, the stronger yen and lower costs resulting from a review of manufacturing and procurement costs eased the pressure from raw material and procurement costs on margins compared with the interim period. - FY2025RestatedAnnual report
「The prices of steel, a primary raw material for our group's main products, powered beds for medical and nursing care, as well as crude oil, the raw material for resin components and urethane foam, fluctuate worldwide depending on supply and demand and economic conditions in each producing region. If these prices rise sharply and the increases cannot be passed on to selling prices, this could affect our group's operating results and financial position.」
The company continues to disclose the risks of fluctuations in the prices of steel, resin components and raw materials for urethane foam, as well as the inability to pass price increases on to customers. - FY2024MitigatedAnnual report
「Overall selling prices increased following the price increases implemented in October 2022, while product costs and overseas logistics costs also declined, resulting in a gross margin of 29.7%, up 1.2 percentage points from the previous fiscal year.」
Although pressure on margins from raw material and logistics costs continued, price increases and lower product and overseas logistics costs improved gross margin by 1.2 percentage points. - FY2024-Q3MitigatedAnnual report
「Regarding foreign exchange, the actual exchange rate for purchases during the cumulative third quarter of the current consolidated fiscal year was ¥144.90 per US dollar, representing a weaker-yen trend compared with the same quarter of the previous year. Meanwhile, overall selling prices increased following the price increases implemented in October 2022, and overseas logistics costs also declined, resulting in a gross margin of 29.7%, up 2.2 percentage points year on year.」
Despite the continued weaker yen, price increases and lower overseas logistics costs improved gross margin by 2.2 percentage points year on year. Compared with the same quarter of the previous year, pressure on margins from higher raw material and logistics costs eased. - FY2023WorsenedAnnual report
「The actual purchase exchange rate for the current consolidated fiscal year was ¥134.97 to the US dollar, indicating a yen depreciation of more than ¥22 compared with the previous fiscal year. In addition, higher overseas logistics costs and raw material prices contributed to a gross margin of 28.5%, down 5.5 percentage points from the previous fiscal year.」
The weaker yen and higher overseas logistics costs and raw material prices continued, causing gross margin to fall 5.5 percentage points from the previous fiscal year to 28.5%. The impact of higher prices for steel and other raw materials on operating results has been quantified. - FY2023-Q3WorsenedAnnual report
「Regarding foreign exchange, the actual exchange rate for purchases during the cumulative third quarter of the current consolidated fiscal year was ¥135.25 per US dollar, representing a weaker-yen trend of more than ¥22 compared with the same quarter of the previous year. In addition, overseas logistics costs and raw material prices rose, resulting in a gross margin of 27.5%, down 7.1 percentage points year on year.」
The effects of higher overseas logistics costs and raw material prices continued, and the weaker yen also weighed on results, causing gross margin to fall 7.1 percentage points year on year to 27.5%. - FY2023-Q2WorsenedAnnual report
「Regarding foreign exchange, the actual exchange rate for purchases during the cumulative second quarter of the current consolidated fiscal year was ¥135.05 per US dollar, representing a weaker-yen trend of more than ¥26 compared with the same quarter of the previous year. In addition, overseas logistics costs and raw material prices rose, resulting in a gross margin on net sales of 26.2%, down 10.0 percentage points year on year.」
Due to the weaker yen and higher overseas logistics costs and raw material prices, gross margin on net sales fell 10.0 percentage points year on year to 26.2%. - FY2023-Q1WorsenedAnnual report
「Regarding foreign exchange conditions, the actual purchase exchange rate for the cumulative first quarter of the current consolidated fiscal year was ¥132.57 to the US dollar, indicating a weaker yen than in the same quarter of the previous year. In addition, the effects of higher overseas logistics costs and raw material prices resulting from the spread of COVID-19 overlapped, resulting in a gross margin of 25.3%, down 11.5 percentage points from the same quarter of the previous year.」
The weaker yen and higher overseas logistics costs and raw material prices continued to weigh on results, causing gross margin on net sales to fall 11.5 percentage points year on year. The impact of higher raw material prices and logistics costs on operating results has been further quantified. - FY2022WorsenedAnnual report
「In addition, due in part to higher overseas logistics costs and raw material prices, gross margin was 34.0%, down 6.6 percentage points from the previous fiscal year.」
Overseas logistics costs and raw material prices continued to rise, and gross margin fell 6.6 percentage points from the previous fiscal year to 34.0%. - FY2022-Q3WorsenedAnnual report
「Regarding foreign exchange, the average exchange rate during the cumulative third quarter of the current consolidated fiscal year was ¥113.35 per US dollar, representing a weaker-yen trend compared with the same quarter of the previous year. In addition, overseas logistics costs and raw material prices rose due to the spread of COVID-19, resulting in a gross margin of 34.6%, down 6.1 percentage points year on year.」
Overseas logistics costs and raw material prices continued to rise, and gross margin fell 6.1 percentage points year on year to 34.6%. - FY2022-Q2WorsenedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, our group was affected by factors including declines in gross margin resulting from global increases in the prices of steel and crude oil and other materials, as well as higher ocean freight rates due to container shortages.」
Prices of steel, crude oil and other materials, as well as ocean freight rates due to container shortages, actually increased, leading to a decline in gross margin. - FY2022-Q1MaterialisedAnnual report
「Regarding foreign exchange, the actual exchange rate for purchases during the cumulative first quarter of the current consolidated fiscal year was ¥108.16 per US dollar, representing a weaker-yen trend compared with the same quarter of the previous year. In addition, overseas logistics costs and raw material prices rose due to the spread of COVID-19, resulting in a gross margin on net sales of 36.8%, down 5.3 percentage points year on year.」
Although steel is not specifically identified, raw material prices and logistics costs actually increased, and the gross margin on net sales fell 5.3 percentage points year on year. - FY2019RestatedAnnual report
「If steel prices rise sharply and the increase cannot be passed on to selling prices, this could affect our group's operating results and financial position.」
There has been no material change in the risks of market fluctuations in steel prices and the inability to pass price increases on to customers. - FY2018RestatedAnnual report
「If steel prices rise sharply and the increase cannot be passed on to selling prices, this could affect our group's operating results and financial position.」
There has been no material change in the risks of market fluctuations in steel prices and the inability to pass price increases on to customers. - FY2017RestatedAnnual report
「If steel prices rise sharply and the increase cannot be passed on to selling prices, this could affect our group's operating results and financial position.」
There has been no material change in the risks of market fluctuations in steel prices and the inability to pass price increases on to customers. - FY2016First statedAnnual report
「If steel prices rise sharply and the increase cannot be passed on to selling prices, this could affect our group's operating results and financial position.」
The company identified sharp increases in the price of steel, a key raw material, and the inability to pass these increases on to selling prices as risks.