Supply constraints on wood chips with a high dependence on overseas sources
First written in FY2016. 18 of 28 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「Approximately 67% of the wood chips used as raw materials for our products are imported from overseas.」
The overseas dependence of wood chips declined from approximately 73% in the previous fiscal year to approximately 67%. Diversification of suppliers through plantation-grown wood chips, recycled chips and domestically sourced softwood chips, as well as material recycling, continued. - FY2025MitigatedAnnual report
「Approximately 73% of the wood chips used as raw materials for our products are imported from overseas.」
The overseas dependence of wood chips declined from approximately 80% in the previous fiscal year to approximately 73%. The Company continued to develop sources for plantation-grown wood chips, recycled chips and domestically sourced softwood chips, as well as pursue material recycling. - FY2024RestatedAnnual report
「Approximately 80% of the wood chips used as raw materials for our products are imported from overseas.」
The approximately 80% overseas dependence of wood chips and responses involving plantation-grown, recycled and domestically sourced softwood chips were reconfirmed. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes in matters concerning the business and financial conditions described in this quarterly securities report that could have a material impact on investors' decisions, nor in the risks associated with the business and other matters described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing business and other risks, including supply constraints for wood chips that are highly dependent on overseas sources. - FY2024-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no occurrences of matters described in this quarterly securities report concerning the business or financial condition that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing business and other risks, including supply constraints for wood chips that are highly dependent on overseas sources. - FY2023RestatedAnnual report
「Approximately 80% of the wood chips used as raw materials for our products are imported from overseas. … To mitigate the impact, we are researching new sources of plantation-grown wood chips, recycled chips from construction and demolition materials, and domestically sourced softwood chips, while also actively pursuing material recycling of our products.」
The approximately 80% overseas dependence and responses involving plantation-grown wood chips, recycled chips, domestically sourced softwood chips and research into new suppliers were reconfirmed. - FY2023-Q3RestatedAnnual report
「Through the second quarter, sales in the core building-materials applications, flooring substrate applications and structural applications remained strong, including substitution demand for imported MDF. However, in the third quarter, new housing starts stagnated, and our MDF sales volume consequently declined.」
Although substitution demand for domestic products continued against the backdrop of delayed arrivals of imported MDF, MDF sales volume declined in the third quarter as housing starts stagnated. - FY2023-Q2RestatedAnnual report
「Regarding our performance for the cumulative second quarter, although domestic new housing starts remained sluggish, sales remained strong across structural applications as well as our core building-material and flooring-base applications, supported by substitution demand for imported MDF, whose supply had been constrained by vessel shortages and delayed shipments since the previous year.」
The vessel shortage and delays in the arrival of imported MDF continued from the previous year and were stated to have affected sales through substitution demand for domestic products. - FY2023-Q1MaterialisedAnnual report
「Sales remained strong across structural applications, the core building-materials applications, and flooring substrate applications, supported by the shortage of vessels that has continued since last year and substitution demand, including demand replacing imported MDF whose arrivals had been delayed.」
The vessel shortage and delays in the arrival of imported MDF continued, and supply constraints for imports actually affected sales through substitution demand for domestic products. - FY2022MitigatedAnnual report
「Approximately 80% of the wood chips used as raw materials for our products are imported from overseas. Although we have secured stable suppliers in Southeast Asia, if the Southeast Asian timber industry were to decline or contract as logging regulations are tightened in timber-producing countries, securing raw materials would become difficult and could affect the survival of the Company. To mitigate the impact, we are researching new sources of wood chips, expanding the use of plantation-grown wood chips, using recycled chips from construction and demolition materials, developing products using domestically sourced softwood chips, and developing production technologies for material recycling.」
It reported overseas dependence of approximately 80% and described multiple supply and recycling measures, newly including expanded use of plantation-grown wood chips. - FY2021MitigatedAnnual report
「Approximately 85% of the wood chips used as raw materials for our Group's products are imported from overseas.」
The overseas dependence of wood chips declined from approximately 92% reported in the previous fiscal year to approximately 85%. Responses including new suppliers, recycled chips and domestically sourced softwood chips continued to be described. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no occurrences of matters described in this quarterly securities report concerning the business or financial condition that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing business and other risks, including supply constraints for wood chips that are highly dependent on overseas sources. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes in matters concerning the business and financial conditions described in this quarterly securities report that could have a material impact on investors' decisions, nor in the risks associated with the business and other matters described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing business and other risks, including supply constraints for wood chips that are highly dependent on overseas sources. - FY2020MitigatedAnnual report
「Approximately 92% of the wood chips used as raw materials for our products are imported from overseas. Although we have secured stable suppliers in Southeast Asia, if the Southeast Asian timber industry were to decline or contract as logging regulations are tightened in timber-producing countries, securing raw materials would become difficult and could affect the survival of the Company.」
The overseas dependence of wood chips declined from approximately 95% reported in the previous fiscal year to approximately 92%. The supply-constraint risk from logging regulations and responses including alternative suppliers and recycling continued to be described. - FY2020-Q3RestatedAnnual report
「Wood chip prices surged due to tighter supply and demand conditions in Southeast Asia.」
It was stated that wood chip prices had surged due to tighter supply and demand conditions in Southeast Asia, reconfirming the cost impact associated with the supply environment for wood chips that are highly dependent on overseas sources. - FY2020-Q2RestatedAnnual report
「Wood chip prices surged due to tighter supply and demand conditions in Southeast Asia.」
It was stated that wood chip prices had surged due to tighter supply and demand conditions in Southeast Asia, reconfirming the cost impact associated with the supply environment for wood chips that are highly dependent on overseas sources. - FY2020-Q1WorsenedAnnual report
「Wood chip prices surged due to tighter supply and demand conditions in Southeast Asia.」
A surge in wood chip prices actually occurred due to tighter supply and demand conditions in Southeast Asia, and cost deterioration associated with the supply environment for overseas wood chips was reported. - FY2019WorsenedAnnual report
「Approximately 95% of the wood chips used as raw materials for our products are imported from overseas. Although we have secured stable suppliers in Southeast Asia, if the Southeast Asian timber industry were to decline or contract as logging regulations are tightened in timber-producing countries, securing raw materials would become difficult and could affect the survival of the Company.」
The overseas dependence of wood chips increased from the approximately 80% previously reported to approximately 95%. The supply-constraint risk from logging regulations was described together with measures including recycled chips. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no occurrences of matters described in this quarterly securities report concerning the business or financial condition that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing business and other risks, including supply constraints for wood chips that are highly dependent on overseas sources. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no occurrences of matters described in this quarterly securities report concerning the business or financial condition that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes in existing business and other risks, including supply constraints for overseas wood chips. - FY2018-Q3RestatedAnnual report
「On the production side, although imported raw-material unit costs rose because of tighter restrictions on timber harvesting and other factors, and raw-material costs increased as China tightened environmental regulations, we contained the increase in manufacturing costs through multiple sourcing to limit imported raw-material costs, full-capacity production in response to strong sales, and equipment improvements aimed at improving yield and productivity through ongoing raw-material recycling.」
The continuing impact of higher unit prices resulting from tighter regulations on imported raw materials, including overseas timber, was reconfirmed. - FY2018-Q2RestatedAnnual report
「The impact of higher unit prices for imported raw materials due to tighter logging regulations and other factors」
The continuing impact of higher imported raw-material costs associated with tighter logging regulations in timber-producing countries was noted. - FY2018-Q1RestatedAnnual report
「The impact of higher unit prices for imported raw materials due to tighter logging regulations and other factors」
The continuing impact of higher imported raw-material costs associated with tighter logging regulations in timber-producing countries was noted. - FY2017RestatedAnnual report
「Approximately 80% of the wood chips used as raw materials for our products are imported from overseas. Although we have secured stable suppliers in Southeast Asia, if the Southeast Asian timber industry were to decline or contract as logging regulations are tightened in timber-producing countries, securing raw materials would become difficult and could affect the survival of the Company.」
The approximately 80% overseas dependence of wood chips and the supply-constraint risk from tighter logging regulations were reconfirmed. - FY2017-Q3RestatedAnnual report
「There was an impact from higher imported raw-material costs due to tighter logging regulations and other factors.」
The continued increase in imported raw-material costs associated with tighter logging regulations in timber-producing countries was noted, reconfirming the cost-related risk associated with supply constraints. - FY2017-Q2RestatedAnnual report
「There was an impact from higher imported raw-material costs due to tighter logging regulations for the wood used as a raw material and other factors.」
The continued increase in imported raw-material costs associated with tighter logging regulations in timber-producing countries was noted, reconfirming the cost-related risk associated with supply constraints. - FY2017-Q1WorsenedAnnual report
「Imported raw-material costs rose due to tighter logging regulations in source countries and other factors.」
An actual increase in imported raw-material costs related to tighter logging regulations in timber-producing countries was stated. The issue was cost deterioration caused by tighter regulations, rather than a supply shortage itself. - FY2016First statedAnnual report
「Approximately 80% of the wood chips used as raw materials for our products are imported from overseas. Although we have secured stable suppliers in Southeast Asia, if the Southeast Asian timber industry were to decline or contract as logging regulations are tightened in timber-producing countries, securing raw materials would become difficult and could affect the survival of the Company.」
It explicitly stated that approximately 80% of wood chips depend on overseas supplies. Measures including new suppliers, recycled chips and domestically sourced softwood chips were also listed.