Komori
Nozaki Insatsu Shigyo (7919) · RiskRestatedLatest Earnings (2026-10-29): "Mitigated"

Rising Paper Stock Prices and Difficulty Passing Through Higher Costs

First written in FY2017. 6 of 18 entries say "Restated". Latest entry: 2026-10-29.

18entries
10years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2020 – FY2023-Q1RestatedFY2024-Q2 – FY20252017: 120172018: 320182019: 220192020: 120202021: 020212022: 220222023: 420232024: 120242025: 120252026: 32026
Same theme, other companies
Rising Printing Paper Prices Due to Higher Raw Material Costs and Environmental Compliance ExpensesA theme 14 companies write about · 14 as a headwind · 0 as a tailwind

Nozaki Insatsu Shigyo moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).

The whole theme swung hardest in 2022: 6 of 9 companies on the "Worse" side.

2 other companies' latest entry also says "Mitigated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「Even if the price of base paper, the principal raw material for the Group’s products, rises as a result of higher market prices for paper and pulp, crude oil prices and other factors, intense selling-price competition in the industry may make it difficult to pass these increases on to customers. This could reduce profitability and affect business performance and other aspects of operations.」

    The company continues to disclose the risk of lower profitability due to higher base paper prices and difficulty passing these increases on to selling prices as a material risk.
  2. FY2025-H1RestatedAnnual report

    「Although persistently high raw material prices and higher labor costs aimed at addressing inflation and securing personnel weighed on profitability, operating income, ordinary income, and interim net income attributable to owners of the parent all improved due to higher sales and profits.」

    Although persistently high raw material prices and higher inflation- and labor-related costs continue to weigh on profitability, profits improved through higher sales and profits.
  3. FY2024-Q2RestatedAnnual report

    「In terms of profitability, operating income, ordinary income, and net income attributable to owners of the parent for the quarter all improved as the company reviewed unprofitable products and revised prices in response to higher procurement costs resulting from the weaker yen and other factors, pursued efficiency improvements in its production operations, and promoted the digitalization and labor-saving of business processes.」

    The company continues to explain that while procurement costs have continued to rise due to the weaker yen and other factors, profits improved through reviews of unprofitable products, price revisions, production efficiency improvements, and digitalization and labor-saving measures.
  4. FY2024-Q1MitigatedAnnual report

    「In terms of profitability, operating income, ordinary income, and net income attributable to owners of the parent for the quarter all improved as the company reviewed unprofitable products and revised prices in response to higher procurement costs resulting from the weaker yen and other factors, pursued efficiency improvements in its production operations, and promoted the digitalization and labor-saving of business processes.」

    The company states that while procurement costs have continued to rise due to the weaker yen and other factors, profits improved through reviews of unprofitable products, price revisions, production efficiency improvements, and the digitalization and labor-saving of business processes.
  5. FY2023MitigatedAnnual report

    「We will closely monitor trends in raw material prices and work to avoid their impact on profitability while negotiating prices with suppliers.」

    In response to the risk of rising raw material prices and difficulty passing through price increases, the company specifies price negotiations with suppliers as a mitigation measure.
  6. FY2023-Q3MitigatedAnnual report

    「Gross profit improved as the company reviewed unprofitable products, revised prices in response to higher raw material and energy prices, and pursued efficiency improvements in its production operations, among other measures.」

    The company explains that although raw material and energy prices have continued to rise, gross profit improved through reviews of unprofitable products, price revisions, and production efficiency improvements.
  7. FY2023-Q2MitigatedAnnual report

    「In terms of profitability, gross profit improved as the company revised selling prices in response to higher raw material and energy prices and pursued efficiency improvements in its production operations, among other measures, in addition to」

    The company states that although raw material and energy prices have continued to rise, gross profit improved through selling-price revisions and efficiency improvements in its production operations.
  8. FY2023-Q1WorsenedAnnual report

    「Gross profit improved as the company revised selling prices in response to higher raw material and energy prices and pursued efficiency improvements in its production operations, among other measures.」

    The company explicitly cites higher energy prices in addition to raw material prices and has been required to revise selling prices. Although the impact of higher costs has continued, it explains that gross profit improved through revisions to selling prices and other measures.
  9. FY2020WorsenedAnnual report

    「Sales declined due to intensifying competition for orders, and profitability also came under pressure as raw material prices continued to rise and logistics expenses increased.」

    The impact of raw material prices shifted from concerns about sharp increases to demonstrated pressure on profitability from further increases. Together with higher logistics expenses, this resulted in difficult profitability conditions.
  10. FY2020-Q2RestatedAnnual report

    「Sales declined due to lower selling prices amid intensifying competition for orders, while profitability also remained under pressure due to higher raw material prices and rising logistics expenses, among other factors.」

    The company continues to state that higher raw material prices, together with rising logistics expenses, have contributed to difficult conditions in terms of profitability.
  11. FY2020-Q1WorsenedAnnual report

    「The company faced difficult conditions in terms of profitability due to higher raw material prices and rising logistics expenses, among other factors.」

    The company states that higher raw material prices have contributed to difficult conditions in terms of profitability and continues to indicate the impact of rising raw material costs.
  12. FY2019-Q2RestatedAnnual report

    「In addition, the outlook remains uncertain due to concerns about the impact of escalating US-China trade friction on the global economy and higher raw material prices resulting from elevated crude oil prices and other factors.」

    The company continues to disclose higher raw material prices resulting from elevated crude oil prices and the resulting uncertainty about the outlook.
  13. FY2019-Q1WorsenedAnnual report

    「The outlook remains uncertain due to higher raw material prices resulting from elevated crude oil prices and other factors.」

    The company identifies higher raw material prices resulting from elevated crude oil prices as a factor contributing to the uncertainty in the current operating environment, making the risk of rising raw material costs more specific.
  14. FY2018RestatedAnnual report

    「Even if base paper prices rise as a result of higher market prices for paper and pulp, crude oil prices and other factors, intense selling-price competition in the industry may make it difficult to pass these increases on to customers. This could reduce profitability and affect business performance.」

    The company continues to disclose the risk of difficulty passing through price increases and declining profitability when base paper prices rise.
  15. FY2017First statedAnnual report

    「Even if base paper prices rise as a result of higher market prices for paper and pulp, crude oil prices and other factors, intense selling-price competition in the industry may make it difficult to pass these increases on to customers. This could reduce profitability and affect business performance.」

    The company indicates that it may be unable to pass increases in the prices of base paper and other raw materials on to selling prices, resulting in lower profitability.
Moved together

"Year-on-Year Declines in Revenue and Profit" moved the same way as this thread, in the same document, in 8 of its 18 moves.

864443★123456
  1. ★This thread
  2. 1Year-on-Year Declines in Revenue and Profit8×
  3. 2Market Price Fluctuations in Investment Securities6×
  4. 3Order Competition and Price Declines in Paper Packaging4×
  5. 4Improving Equity by Strengthening the Earnings Base4×
  6. 5Decline in wrapping paper and paper bags due to weak retail sales4×
  7. 6Work Improvements and Production Process Development, Returning to the Basics of Manufacturing3×

★ 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
Nozaki Insatsu Shigyo's next results are scheduled for 2026-10-29. Read the earnings preview It last moved in the Earnings of 2026-10-29: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.