Higher Resin and Film Prices

「Although there were factors contributing to the decline in profit, including higher personnel and research and development expenses, surging raw material prices and energy and transportation costs, and the impact of production stoppages caused by ransomware,」

「In terms of earnings, there were factors contributing to the decline in profit, including higher personnel expenses, increased research and development expenses, higher raw material prices and energy and transportation costs, and the impact of production stoppages at a standalone manufacturing site caused by ransomware,」

「Although there were factors contributing to the decline in profit, including higher raw material prices, increased personnel expenses, and higher research and development expenses, the Company promoted measures to improve earnings, including higher production efficiency and passing costs on to selling prices,」

「In terms of profit and loss, although higher raw material prices, increased personnel expenses for new businesses and higher research and development expenses were factors reducing profit, the promotion of measures to improve profitability, including higher production efficiency and price pass-through, resulted in higher operating profit year on year.」

「In terms of earnings, the Company has continued to promote measures to improve earnings, including higher production efficiency and passing costs on to selling prices, in response to higher raw material and energy costs. However, earnings declined year on year due to the impact of lower revenue from the Information and Electronics Business and the increase in fixed costs, including research and development expenses and strategic expenses.」

「In terms of earnings, the Company was significantly affected by the decline in revenue from the Information and Electronics Business and by higher raw material and energy costs. Although the Company is promoting measures to improve earnings, including higher production efficiency and passing costs on to selling prices, earnings declined significantly year on year due to the time lag before these measures improved earnings and the increase in fixed costs, including research and development expenses and strategic expenses.」

「In terms of earnings, the Company was significantly affected by the decline in revenue from protective films and by higher raw material and energy costs.」

「The Company faced significantly greater cost pressure due to the impact of higher raw material prices and energy and transportation costs.」

「In terms of earnings, we proceeded with passing higher costs on to selling prices in addition to benefiting from higher revenue. However, the impact of rising raw material prices and energy and transportation costs was substantial, and fixed costs associated with strengthening our workforce increased, while research and development expenses and strategic expenses were incurred. As a result, operating profit and ordinary profit declined year on year.」

「It is also necessary to respond to higher raw material prices resulting from the surge in crude oil prices.」

「In terms of earnings, although there were higher research and development expenses and strategic expenses, rising raw material prices, increased depreciation due to the operation of newly installed machinery at our Showa Plant, and higher fixed costs associated with strengthening our workforce,」

「During the cumulative second quarter under review, the global economy showed signs of recovery as vaccination rates for the novel coronavirus (COVID-19) rose and government measures progressed in various countries. However, the outlook remained uncertain due to concerns including the global semiconductor shortage and rising raw material prices.」

「As part of our efforts to address this risk, the Group works to hedge risk by gathering information on market trends related to key raw materials, building sustainable relationships with suppliers, and purchasing raw materials in advance when significant fluctuations are expected.」

「Operating profit declined year on year due to higher material unit prices and increased fixed costs.」

「In terms of profit and loss, overseas subsidiaries improved their earnings, domestic revenue increased, and the Group worked to improve production efficiency across the board. However, profit declined year on year due to higher material unit prices, changes in the sales mix and higher fixed costs.」

「In terms of profit and loss, although the Company continued efforts to improve performance at overseas subsidiaries and production efficiency across the Group, the impact of lower revenue, higher unit material costs and increased fixed costs resulted in lower profit than in the same period of the previous year.」

「In terms of profit and loss, although the Company continued efforts to improve performance at overseas subsidiaries and production efficiency across the Group, lower revenue in the building materials business and higher unit material costs resulted in lower profit than in the same period of the previous year.」

「If future price increases or foreign exchange movements exceed the amount that can be absorbed through rationalization and passing costs on to customers, they may affect the Group's business performance.」

「If future price increases or foreign exchange movements exceed the amount that can be absorbed through rationalization and passing costs on to customers, they may affect the Group's business performance.」

「The prices of these raw materials are affected by international commodity market conditions, including crude oil and naphtha. If future price increases or foreign exchange movements exceed the amount that can be absorbed through rationalization and passing costs on to customers, they may affect the Group's business performance.」