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Tokyo Board Industries (7815) · RiskWorsenedLatest Occurring Fact (2026-07-13): "Restated"

Risk of Rising Prices for Petroleum-Based Adhesive Raw Materials

First written in FY2016. 16 of 25 entries say "Restated". Latest entry: 2026-07-13.

25entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2021RestatedFY2024-Q3 – FY2025-H12016: 320162017: 420172018: 320182019: 420192020: 120202021: 120212022: 320222023: 220232024: 220242025: 120252026: 12026
Same theme, other companies
Rising Costs Driven by Higher Raw Material and Energy PricesA theme 357 companies write about · 369 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2022: 122 of 167 companies on the "Worse" side.

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 190 companies compared. The sentences above are computed from all 190.Comparing 200 of the theme's 370 threads.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-13RestatedOccurring Fact

    「During the first quarter of the current consolidated cumulative period, the Japanese economy continued on a moderate recovery trend, supported by improvements in employment and income conditions and the effects of various policies. However, the outlook remained uncertain due to such factors as rising prices and geopolitical risks, including the situation in the Middle East.」

    The disclosure continued to cite uncertainty about the outlook arising from rising prices and geopolitical risks.
  2. FY2026-H1WorsenedAnnual report

    「However, the outlook remains uncertain due to the impact of U.S. tariff policies and persistently high energy prices and raw material costs resulting from the prolonged situations in Ukraine and the Middle East.」

    U.S. tariff policies, the prolonged situations in Ukraine and the Middle East, and persistently high energy prices and raw material costs were identified, broadening the factors worsening the environment surrounding raw material costs, including adhesive raw materials.
  3. FY2025-H1RestatedAnnual report

    「Economic activity shows signs of recovery, supported by increased inbound demand and improvements in the income environment resulting from high wage growth. However, the outlook remains uncertain due to surging resource prices caused by unstable international conditions, inflation accompanying rapid currency fluctuations and other factors.」

    The uncertain environment surrounding raw material costs, including adhesive raw materials, continues to be disclosed, including surging resource prices and inflation caused by currency fluctuations.
  4. FY2024-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year, Japan's economy progressed toward normalization of social and economic activity following the lifting of COVID-19-related restrictions on movement. However, surging resource prices and inflation, driven by heightened geopolitical risks, have continued, and the outlook remains uncertain.」

    Higher resource prices and inflation driven by geopolitical risks continue to be disclosed, and the uncertain environment surrounding raw material costs, including adhesive raw materials, persists.
  5. FY2024-Q1WorsenedAnnual report

    「During the first quarter of the current fiscal year, the Japanese economy was moving toward normalization of economic activity as restrictions on activities attributable to COVID-19 were lifted, but uncertainty about the outlook persisted due to soaring energy and raw material prices resulting from the prolonged situation in Ukraine, as well as fluctuations in foreign exchange rates.」

    In addition to surging energy and raw material prices, fluctuations in foreign exchange rates were identified, and factors worsening the environment surrounding raw material costs, including adhesive raw materials, continue. Surging prices are described as an actual condition in the operating environment.
  6. FY2023-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year, Japan's economy showed signs of recovery as restrictions on economic activity related to COVID-19 were eased. However, the prolonged tensions surrounding Russia and Ukraine, together with higher prices for energy, raw materials and other goods caused by the weaker yen, have left the outlook uncertain.」

    The prolonged situation in Russia and Ukraine, the weaker yen, and higher energy and raw material prices continue to be disclosed, and the uncertain environment surrounding raw material costs, including adhesive raw materials, persists.
  7. FY2023-Q2WorsenedAnnual report

    「Prices have continued to rise amid higher energy and raw material prices caused by the prolonged situation in Russia and Ukraine, as well as inflation resulting from the rapid depreciation of the yen, and conditions remain uncertain.」

    In addition to higher energy and raw material prices, inflation caused by the rapid depreciation of the yen was disclosed, broadening the factors worsening the environment surrounding raw material costs, including adhesive raw materials.
  8. FY2022WorsenedAnnual report

    「Raw material and resource prices surged due to disruptions to production and logistics caused by COVID-19, while economic uncertainty stemming from the situation in Russia and Ukraine also persisted, and the economic outlook is expected to remain uncertain.」

    In addition to surging raw material and resource prices and disruptions to supply and logistics, economic uncertainty stemming from the situation in Russia and Ukraine was identified, worsening the environment surrounding cost risks, including those for adhesive raw materials.
  9. FY2022-Q3WorsenedAnnual report

    「During the cumulative third quarter of the fiscal year, Japan's economy saw rising expectations for a return to normal economic activity due to thorough measures to prevent COVID-19 and higher vaccination rates, but was affected by surging resource and raw material prices, including crude oil, and unstable supply conditions.」

    Surging resource and raw material prices, including crude oil, and unstable supply were identified as actual conditions in the operating environment, indicating a deterioration in the environment surrounding raw material cost risks, including adhesive raw materials.
  10. FY2021RestatedAnnual report

    「Adhesive raw materials, one of the raw materials used in E.V.A. boards, are supplied by stable business partners, but crude oil and other prices may surge due to currency fluctuations and conditions in producing regions, resulting in higher purchase prices.」

    The risks from higher crude oil and other prices and the inability to pass those increases on to selling prices continue to be disclosed, with currency fluctuations and conditions in producing regions also identified as factors.
  11. FY2020-Q3RestatedAnnual report

    「Adhesive raw materials used to manufacture particleboard are supplied by stable business partners, but purchase prices may rise due to surging crude oil prices and other factors. If the increase in costs cannot be passed on to selling prices, it may affect the Group's results and financial position.」

    While assuming a stable supply of adhesive raw materials, the company reiterates the risk of an earnings impact from higher crude oil prices and the inability to pass those increases on to selling prices.
  12. FY2020-Q2RestatedAnnual report

    「Adhesive raw materials used to manufacture particleboard are supplied by stable business partners, but purchase prices may rise due to surging crude oil prices and other factors. If the increase in costs cannot be passed on to selling prices, it may affect the Group's results and financial position.」

    While assuming a stable supply of adhesive raw materials, the company reiterates the risk of an earnings impact from higher crude oil prices and the inability to pass those increases on to selling prices.
  13. FY2020-Q1RestatedAnnual report

    「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes in the risk of higher prices for petroleum-based adhesive raw materials.
  14. FY2019RestatedAnnual report

    「Adhesive raw materials used to manufacture particleboard are supplied by stable business partners, but purchase prices may rise due to surging crude oil prices and other factors. If the increase in costs cannot be passed on to selling prices, it may affect the Group's results and financial position.」

    While assuming a stable supply of adhesive raw materials, the company reiterates the risk of an earnings impact from higher crude oil prices and the inability to pass those increases on to selling prices.
  15. FY2019-Q3RestatedAnnual report

    「Adhesive raw materials used to manufacture particleboard are supplied by stable business partners, but purchase prices may rise due to surging crude oil prices and other factors. If the increase in costs cannot be passed on to selling prices, it may affect the Group's results and financial position.」

    While assuming a stable supply of adhesive raw materials, the company reiterates the risk of an earnings impact from higher crude oil prices and the inability to pass those increases on to selling prices.
  16. FY2019-Q2RestatedAnnual report

    「Adhesive raw materials used to manufacture particleboard are supplied by stable business partners, but purchase prices may rise due to surging crude oil prices and other factors. If the increase in costs cannot be passed on to selling prices, it may affect the Group's results and financial position.」

    While assuming a stable supply of adhesive raw materials, the company reiterates the risk of an earnings impact from higher crude oil prices and the inability to pass those increases on to selling prices.
  17. FY2018RestatedAnnual report

    「Adhesive raw materials used to manufacture particleboard are supplied by stable business partners, but purchase prices may rise due to surging crude oil prices and other factors.」

    While assuming a stable supply of adhesive raw materials, the company reiterates the risk of an earnings impact from higher crude oil prices and the inability to pass those increases on to selling prices.
  18. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company concludes that there have been no material changes in the risk of higher adhesive raw material prices.
  19. FY2018-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company concludes that there have been no material changes in the risk of higher adhesive raw material prices.
  20. FY2018-Q1RestatedAnnual report

    「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes in the risk of higher adhesive raw material prices.
  21. FY2017MitigatedAnnual report

    「In addition, segment profit (operating profit) was ¥686.731 million, up 25.9% year on year, mainly due to lower adhesive raw material prices, electricity tariffs and gas charges.」

    In addition to adhesive raw material prices, electricity tariffs and gas charges declined, reducing cost-related inflation risk during the fiscal year.
  22. FY2017-Q3MitigatedAnnual report

    「In addition, segment profit (operating profit) was ¥466.689 million, up 4.9% year on year, mainly due to lower adhesive raw material prices, electricity tariffs and gas charges.」

    In addition to adhesive raw material prices, electricity tariffs and gas charges also declined, reducing the risk of higher raw material and energy costs during the period.
  23. FY2017-Q2RestatedAnnual report

    「In addition, segment profit (operating profit) was ¥257.893 million, up 14.3% year on year, mainly due to lower raw material prices and electricity tariffs.」

    The decline in raw material prices continues to be disclosed. There is no statement that the risk of price increases arose during the period or that the risk had disappeared.
  24. FY2017-Q1MitigatedAnnual report

    「In addition, although adhesive raw material prices and electricity tariffs have declined,」

    Adhesive raw material prices declined during the quarter, reducing the cost-related risk from price increases during the period. However, there is no disclosure that the risk has disappeared or that the policy on passing costs on to selling prices has changed.
  25. FY2016First statedAnnual report

    「Adhesive raw materials used to manufacture particleboard are supplied by stable business partners, but purchase prices may rise due to surging crude oil prices and other factors. If the increase in costs cannot be passed on to selling prices, it may affect the Group's results and financial position.」

    While adhesive raw materials are supplied reliably, the company identifies the earnings impact of higher crude oil prices and the inability to pass those increases on to selling prices.
Moved together

"Risk of Yen Appreciation and Economic Downturn Due to Slowing Emerging-Market Economies and the UK’s Withdrawal from the EU" moved the same way as this thread, in the same document, in 4 of its 25 moves.

433332★123456
  1. ★This thread
  2. 1Risk of Yen Appreciation and Economic Downturn Due to Slowing Emerging-Market Economies and the UK’s Withdrawal from the EU4×
  3. 2Expansion of Multi-Product Production and Production Capacity through the Establishment of a Chiba Plant3×
  4. 3Loss conditions giving rise to substantial doubt about the going-concern assumption3×
  5. 4Difficulty procuring construction timber and soaring prices due to the lumber shock3×
  6. 5Risk of lower shipments and waste wood collection volumes due to the spread of COVID-193×
  7. 6Risk of Declining Housing Starts Due to Population Decline and Low Birth Rate2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tokyo Board Industries's next results are scheduled for 2026-10-15. Read the earnings preview It last moved in the Occurring Fact of 2026-07-13: "Restated".
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Risk of Rising Prices for Petroleum-Based Adhesive Raw Materials | TOKYO BOARD INDUSTRIES CO.,LTD. (7815) | Komori