Rising costs driven by soaring global timber prices
First written in FY2019-Q1. 18 of 21 entries say "Worsened", first in FY2020-Q2. Latest entry: 2026-11-11.
Nankai Plywood moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2018: 7 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- 2026-11-11WorsenedResults
「フランスをはじめとする欧州経済の停滞が続き、住宅・非住宅ともに建設活動の縮小が長期化するなか、合板の需要も低水準にとどまり、厳しい事業環境で推移いたしました。」
欧州経済の停滞と建設活動縮小の長期化、合板需要の低水準を示した。 - FY2026WorsenedAnnual report
「In overseas markets, as economic conditions in Europe deteriorate further, the company has begun reforms in both sales and manufacturing to create synergies by leveraging the respective strengths of Joubert and NP ROLPIN. The emergence of tangible improvement is expected to require a certain amount of time.」
It was explained that European economic conditions had deteriorated further and that improvement in the French business was still expected to require a certain amount of time. Even after some easing in energy prices, the overseas business environment is continuing to deteriorate. - FY2024MitigatedAnnual report
「Production efficiency is gradually improving as energy prices move back toward pre-Ukraine-crisis levels and the company advances reforms to improve energy efficiency in its production processes.」
The French subsidiary explained that production efficiency had gradually improved as energy prices stabilized and energy-efficiency reforms progressed. However, the challenging market environment caused by monetary tightening in Europe and other factors continues. - FY2024-Q3MitigatedAnnual report
「Although energy price increases have gradually begun to ease, the market environment has become extremely challenging due to the effects of monetary tightening in Europe and persistently high prices for goods and services.」
Energy price increases are said to have gradually begun to ease, indicating some relief in the raw material and energy cost environment. However, the market environment remains challenging. - FY2024-Q2WorsenedAnnual report
「However, energy prices resulting from the Russia-Ukraine conflict continue to rise, increasing manufacturing costs, and the business environment is becoming increasingly challenging.」
Higher energy prices resulting from the Russia-Ukraine conflict and rising manufacturing costs have continued, further worsening the cost environment for the French business. - FY2024-Q1WorsenedAnnual report
「However, energy prices resulting from the Russia-Ukraine conflict continue to rise, increasing manufacturing costs, and the business environment is becoming increasingly challenging.」
Higher energy prices resulting from the Russia-Ukraine conflict and rising manufacturing costs have continued, making the cost environment for the French business increasingly challenging. - FY2023WorsenedAnnual report
「However, in addition to surging log prices, energy prices have risen sharply as a result of the Russia-Ukraine conflict, substantially increasing manufacturing costs, and the challenging business environment continues.」
Surging log prices and higher energy prices resulting from the Russia-Ukraine conflict continue to substantially increase manufacturing costs. - FY2023-Q3WorsenedAnnual report
「However, the sharp rise in energy prices resulting from the Russia-Ukraine conflict has substantially increased manufacturing costs, further worsening the business environment.」
The sharp rise in energy prices resulting from the Russia-Ukraine conflict is substantially increasing the French subsidiary's manufacturing costs. - FY2023-Q2WorsenedAnnual report
「However, the sharp rise in energy prices resulting from the Russia-Ukraine conflict has substantially increased manufacturing costs, further worsening the business environment.」
The sharp rise in energy prices resulting from the Russia-Ukraine conflict has substantially increased manufacturing costs, deepening the risk of higher raw material and manufacturing costs. - FY2023-Q1WorsenedAnnual report
「However, in addition to surging log prices, energy prices have risen sharply as a result of the Russia-Ukraine conflict, substantially increasing manufacturing costs, and the challenging business environment continues.」
In addition to surging log prices, higher energy prices resulting from the Russia-Ukraine conflict have substantially increased manufacturing costs, deepening the risk of higher costs in the French business. - FY2022WorsenedAnnual report
「Although plywood prices in Europe are also trending higher due to US timber demand, manufacturing costs have risen further because of sharp increases in log and energy prices, and the challenging business environment continues.」
While European plywood prices are rising, sharp increases in log and energy prices have pushed manufacturing costs higher, deepening the risk of higher costs in the French business. - FY2022-Q2WorsenedAnnual report
「Although plywood prices in Europe are also trending higher due to US timber demand, manufacturing costs have risen further because of sharp increases in log and energy prices, and the challenging business environment continues.」
While plywood prices in Europe are trending higher due to US timber demand, manufacturing costs have risen further because of sharp increases in log and energy prices, and the French subsidiary continues to face a challenging environment. - FY2022-Q1WorsenedAnnual report
「Meanwhile, rising demand for timber in the United States and China has begun to expose the effects of domestic timber shortages and price increases, heightening concerns about the outlook.」
Higher timber demand in the United States and China has exposed domestic shortages in timber supply and surging prices, raising widespread concerns about factors driving higher costs. - FY2021WorsenedAnnual report
「In overseas markets, the plywood manufacturing and sales business of the French subsidiary sought to narrow its losses by raising selling prices and reviewing its manufacturing processes. However, in addition to lower plywood demand resulting from the broader European economic slowdown, the inflow of inexpensive South American plywood into the market further intensified price competition, while the global stagnation in economic activity caused by the spread of COVID-19 also contributed, making the business environment even more challenging. As a result, improvement in the subsidiary's performance is expected to be delayed.」
The European economic downturn, lower plywood demand, the inflow of inexpensive South American plywood and the stagnation of economic activity caused by the pandemic have combined, and deterioration in the French business, including timber prices, costs and the sales environment, has continued. - FY2021-Q3WorsenedAnnual report
「In addition to lower plywood demand resulting from the broader European economic slowdown, the inflow of inexpensive South American plywood into the market further intensified price competition, while the global stagnation in economic activity caused by the spread of COVID-19 also contributed, making the business environment even more challenging. As a result, improvement in the subsidiary's performance is expected to be delayed.」
In addition to the European economic slowdown, lower plywood demand and intensifying competition from the inflow of inexpensive South American plywood, the stagnation of economic activity caused by the pandemic has compounded the situation, and the outlook for delayed improvement at the French subsidiary continues. - FY2021-Q2WorsenedAnnual report
「In overseas markets, the plywood manufacturing and sales business of the French subsidiary sought to narrow its losses by raising selling prices and reviewing its manufacturing processes. However, in addition to lower plywood demand resulting from the broader European economic slowdown, the inflow of inexpensive South American plywood into the market further intensified price competition, while the global stagnation in economic activity caused by the spread of COVID-19 also contributed, making the business environment even more challenging. As a result, improvement in the subsidiary's performance is expected to be delayed.」
In addition to the European economic slowdown, lower plywood demand and intensifying competition from the inflow of inexpensive South American plywood, the stagnation of economic activity caused by the pandemic compounded the situation, further strengthening expectations that improvement in the French subsidiary's performance will be delayed. - FY2021-Q1WorsenedAnnual report
「In overseas markets, the plywood manufacturing and sales business of the French subsidiary sought to narrow its losses by raising selling prices and reviewing its manufacturing processes. However, in addition to lower plywood demand resulting from the broader European economic slowdown, the inflow of inexpensive South American plywood into the market further intensified price competition, while the global stagnation in economic activity caused by the spread of COVID-19 also contributed, making the business environment even more challenging」
In addition to the issues of timber prices and costs, lower European demand for plywood, the inflow of inexpensive South American plywood and the stagnation of economic activity caused by the pandemic combined to further worsen price competition and the business environment. - FY2020WorsenedAnnual report
「In addition to lower plywood demand resulting from the broader European economic slowdown, the inflow of inexpensive South American plywood into the market further intensified price competition, making the business environment even more challenging」
In addition to the issues of timber prices and costs, the European economic slowdown, lower plywood demand and intensifying price competition from the inflow of South American plywood became apparent. - FY2020-Q3WorsenedAnnual report
「Against a backdrop of falling plywood prices amid an economic downturn in the European market, increased distribution of South American plywood in Europe intensified price competition further, and the decline in sales continued. Performance remained without recovery.」
In addition to higher costs from surging timber prices, falling plywood prices and intensifying price competition from increased distribution of South American plywood became apparent in Europe, and the decline in sales has continued. - FY2020-Q2WorsenedAnnual report
「Against a backdrop of falling plywood prices amid an economic downturn in the European market, increased distribution of South American plywood in Europe intensified price competition further, and the decline in sales continued. Performance remained without recovery.」
In addition to the surging timber prices and higher costs noted in the previous quarter, falling plywood prices due to the economic downturn in Europe and intensifying competition from increased distribution of South American plywood became apparent. - FY2019-Q1First statedAnnual report
「Amid a market environment of soaring global timber prices, the company reviewed selling prices, but performance did not recover because of issues including higher costs resulting from rising material prices and delays in process improvements caused by breakdowns in factory equipment.」
The global surge in timber prices has pushed up material prices and costs, and has emerged as an actual factor hindering the recovery of the French subsidiary's performance.