Price Volatility in Petrochemical Products and Steel Materials and Inability to Pass on Costs
First written in FY2017. 8 of 18 entries say "Restated". Latest entry: FY2026.
YAMATO Mobility & Mfg. moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2021: 18 of 28 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The sharp recent deterioration in the situation in the Middle East has caused a historic surge in naphtha prices, a key raw material for resin products, and this impact is expected to persist. We therefore concluded that it would be appropriate to shift to a more efficient and flexible operating structure for this business.」
With respect to the risk of higher raw material prices, the historically high rise in naphtha prices was explicitly identified as a reason for changing the operating structure of the China business and transferring the equity interest. - 2026-03-26MaterialisedOccurring Fact
「The sharp recent deterioration in the situation in the Middle East has caused a historic surge in naphtha prices, a key raw material for resin products, and this impact is expected to persist. We therefore concluded that it would be appropriate to shift to a more efficient and flexible operating structure for this business.」
The previously disclosed risks related to raw-material prices and the situation in the Middle East materialized in the form of a historic surge in naphtha prices following the deterioration in the Middle East, with the impact expected to continue for an extended period. - FY2025Added the increase in raw material prices associated with the shift to eco-materials.Annual report
「If the Group is unable to pass on to selling prices the higher prices of petrochemical products, steel and other materials that are the principal raw materials for its products, as well as price increases associated with the shift from materials with a high environmental burden to eco-materials, this could affect its operating results and financial position.」
In addition to the previously identified risks of higher prices for petrochemical products and steel and the inability to pass these costs on to customers, price increases associated with the shift to eco-materials have been identified as a new cost factor. - FY2025-H1RestatedAnnual report
「Higher energy and raw material prices against the backdrop of an unstable international situation」
Higher energy and raw material prices continue to be identified as risks to the cost and earnings environment. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy was on a gradual recovery track as economic activity normalized following the easing of activity restrictions related to COVID-19, with signs of a recovery in personal consumption. However, the outlook remained uncertain due to inflation accompanying foreign exchange fluctuations and soaring resource prices, the prolonged Russia-Ukraine situation, and the deterioration in the situation in the Middle East.」
Foreign exchange fluctuations, higher resource prices and rising prices continue to be identified as risks to the raw material and cost environment. - FY2024-Q2RestatedAnnual report
「The outlook remains uncertain due to the impact of rapid yen depreciation on the domestic economy, rising domestic prices resulting from higher energy and resource costs, and the protracted Russia-Ukraine issue.」
The yen's depreciation, higher energy and resource costs, and the prolonged Russia-Ukraine situation continue to be identified as risks to the cost and earnings environment. - FY2024-Q1RestatedAnnual report
「Higher prices for materials and other items, and persistently high energy prices, against the backdrop of the prolonged Russia-Ukraine situation」
Higher prices for materials and other items and persistently high energy prices continue to be identified as factors driving higher raw material and other costs. - FY2023-Q3RestatedAnnual report
「Higher raw material prices, volatility in foreign exchange markets and rising prices」
In addition to higher raw material prices, volatility in foreign exchange markets and rising prices continue to pose external cost and earnings risks for the current quarter. - FY2023-Q2MaterialisedAnnual report
「Despite higher prices for various materials and the yen's depreciation, the operating loss improved to ¥36 million (loss of ¥49 million in the same quarter of the previous year).」
Higher prices for various materials and the yen's depreciation continue to be identified as actual external factors affecting results in the logistics equipment-related business. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy showed signs of normalization as restrictions on activity related to COVID-19 were eased. However, the outlook remained uncertain amid concerns over the impact of restrictions on economic activity in China and the prolonged Russia-Ukraine conflict, as well as rising raw material and crude oil prices and the rapid depreciation of the yen.」
Higher raw material and crude oil prices continue to be identified as external environmental risks. - FY2022MaterialisedAnnual report
「[Plastic Molding-Related Business] Orders gradually increased as economic activity recovered with the slowdown in the spread of COVID-19, and net sales rose to ¥12,076 million (¥11,020 million in the previous consolidated fiscal year). In terms of profit, the impact of higher raw material prices and logistics costs resulted in an operating loss of ¥250 million (loss of ¥594 million in the previous consolidated fiscal year).」
Higher raw material prices and logistics costs have emerged as factors contributing to the operating loss in the plastic molding-related business. New risks have also been identified, including difficulty procuring raw materials with a high environmental impact and rising prices for alternative materials. - FY2022-Q3MaterialisedAnnual report
「At the profit level, the weaker yen and soaring prices of various materials resulted in an operating loss of ¥36 million, compared with operating income of ¥17 million in the same quarter of the previous year, representing a decline in earnings.」
The risk of soaring raw-material and other material prices has materialized, together with the weaker yen, as a factor contributing to an operating loss in the logistics equipment-related business. - FY2022-Q2MaterialisedAnnual report
「We worked to expand orders and conducted proactive sales activities, but revenue decreased to ¥810 million (¥824 million in the same quarter of the previous year). In terms of profit, surging prices for various materials resulted in an operating loss of ¥49 million (operating profit of ¥22 million in the same quarter of the previous year).」
The previously disclosed risk of rising raw-material prices has materialized, with soaring material prices contributing to an operating loss in the logistics equipment-related business. - FY2021RestatedAnnual report
「Although the company has taken measures to mitigate risk, including gathering market information and diversifying sources of raw materials, earthquakes, storm and flood damage, a pandemic or other events could cause major disruptions to the manufacturing or logistics operations of raw-material suppliers, making it difficult to manufacture and deliver the company’s products.」
The risks of soaring raw-material prices, an inability to pass through costs and supply disruptions continue to be disclosed, along with measures involving information gathering and diversification of procurement sources. - FY2020WorsenedAnnual report
「If earthquakes, storm and flood damage, a pandemic or other events cause major disruptions to the manufacturing or logistics operations of raw-material suppliers, manufacturing and delivery of the company’s products may become difficult.」
In addition to the risks of soaring raw-material prices and an inability to pass through costs, the disclosure identifies the risk of supply disruption caused by manufacturing and logistics disruptions at raw-material suppliers due to natural disasters or a pandemic. - FY2019-Q2WorsenedAnnual report
「The business environment remained uncertain, due to soaring crude oil prices, higher labor costs, concerns over U.S. political and economic developments and protectionist policies in various countries, and slowing growth in China and emerging-market economies.」
In connection with the existing risk of higher prices for petrochemical products, steel and other raw materials, soaring crude oil prices have been disclosed, while higher labor costs have also been identified as a factor driving costs higher. - FY2018RestatedAnnual report
「If prices of petrochemical products, steel and other materials, which are the main raw materials used in the group’s products, rise sharply and the increases cannot be passed on to selling prices, the group’s operating results and financial position may be affected.」
The risk of increases in the prices of petrochemical products, steel and other raw materials, and the inability to pass them through to selling prices, continues to be disclosed. - FY2017First statedAnnual report
「If prices of petrochemical products, steel and other materials, which are the main raw materials used in the group’s products, rise sharply and the increases cannot be passed on to selling prices, the group’s operating results and financial position may be affected.」
Sharp increases in the prices of main raw materials and the inability to pass them through to selling prices have been identified for the first time as business and other risks.