Crude oil and naphtha price fluctuations and the risk of passing through higher costs
First written in FY2016. 17 of 33 entries say "Materialised", first in FY2018-Q1. Latest entry: 2026-10-30.
Jsp moved to the "Worse" side of this theme in 2017.
1 other company's latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「In the fiscal year ending March 2027, the closure of the Strait of Hormuz resulting from heightened tensions in the Middle East has created concerns over supplies of crude oil and naphtha, making the procurement of raw materials used by our Group uncertain. Raw material prices have consequently risen sharply and are expected to remain elevated for some time even after the Strait of Hormuz is reopened.」
The risks associated with crude oil and naphtha prices are further specified as tensions in the Middle East, closure of the Strait of Hormuz, uncertainty over procurement and persistently high prices. - 2026-04-30WorsenedEarnings
「原材料価格や物流費、エネルギーコストの上昇が見込まれるほか」
次期に原材料、物流費、エネルギーコストの上昇を見込む記載があり、コスト上昇リスクを示している。 - FY2024Crude oil prices remain high, while delays in passing through costs remain possibleAnnual report
「In fiscal 2024, the sharp rise in crude oil prices driven by heightened geopolitical risks since the previous fiscal year has begun to ease. However, crude oil prices are expected to remain firm at elevated levels.」
While the sharp rise in crude oil prices has eased, prices remain elevated, and the possibility that the full increase will be reflected in product prices with a delay continues to be indicated. - FY2024-Q3MaterialisedAnnual report
「For the Beads business as a whole, sales volumes declined, but sales increased due to higher sales of high-performance material products and product price revisions. In terms of profit, profit increased due to higher sales and cost reductions, despite the impact of soaring utility costs and labour costs.」
Soaring utility costs emerged as an actual factor affecting profit. At the same time, profit increased due to higher sales and cost reductions. - FY2024-Q2MaterialisedAnnual report
「For the Extrusion business as a whole, sales declined because sales volumes fell despite progress on product price revisions. In terms of profit, profit declined due to lower sales of high-value-added products and soaring utility costs.」
Soaring utility costs and lower sales of high-value-added products have emerged as actual factors behind the decline in profit in the Extrusion business despite progress on product price revisions. - FY2024-Q1MaterialisedAnnual report
「For the Extrusion business as a whole, sales declined because sales volumes fell despite progress on product price revisions. In terms of profit, profit declined due to lower sales of high-value-added products and soaring utility costs.」
The combination of soaring costs and product price revisions has emerged as an actual factor behind the decline in profit in the Extrusion business, together with lower sales of high-value-added products. - FY2023WorsenedAnnual report
「Raw material and fuel prices remain high due to soaring crude oil prices against a backdrop of heightened geopolitical risks. The possibility remains that the full pass-through to product prices will be delayed beyond expectations.」
The Company continues to specify that raw material and fuel prices remain high due to soaring crude oil prices and that pass-through may be delayed, including for utility and logistics costs. - FY2023-Q3MaterialisedAnnual report
「For the Company Group, sales exceeded the same period of the previous year due to product price revisions and other factors. Operating profit was below the same period of the previous year due to factors including delays in revising product prices in response to repeated increases in raw material prices. As a result, sales for the first three quarters cumulative consolidated period were ¥99,080 million, up 16.4% year on year. In terms of profit, operating profit was ¥2,315 million, down 46.1%.」
The delay in revising product prices in response to repeated increases in raw material prices has emerged as a factor behind the decline in operating profit, which fell 46.1% year on year. - FY2023-Q2MaterialisedAnnual report
「For the Company Group, sales exceeded the same period of the previous year due to product price revisions and other factors. Operating profit was below the same period of the previous year due to factors including delays in revising product prices in response to repeated increases in raw material prices.」
The delay in revising product prices in response to repeated increases in raw material prices has emerged as an actual factor behind the 53.0% year-on-year decline in operating profit. - FY2023-Q1MaterialisedAnnual report
「For the Company Group, sales exceeded the same period of the previous year due to increased sales of high-value-added products and product price revisions. Operating profit was below the same period of the previous year due to the impact of soaring raw material prices and other factors. As a result, sales for the first quarter cumulative consolidated period were ¥30,977 million, up 14.8% year on year. Operating profit was ¥764 million, down 51.3%.」
Soaring raw material prices have emerged as a factor behind the 51.3% year-on-year decline in operating profit. The impact of higher raw material prices remained on profit despite product price revisions and increased sales. - FY2022-Q3MaterialisedAnnual report
「For the Beads business as a whole, sales increased due to recovering demand in areas including the automotive sector. In terms of profit, profit declined due to the impact of soaring raw material prices despite progress on product price revisions.」
Although product price revisions are progressing, soaring raw material prices have emerged as an actual factor behind the decline in profit in the Beads business. - FY2022-Q2MaterialisedAnnual report
「Operating profit was above the same period of the previous year despite the impact of soaring raw material prices, due to increased sales and other factors.」
Soaring raw material prices were reported as an actual factor affecting operating profit. At the same time, operating profit exceeded the same period of the previous year due to increased sales. - FY2022-Q1MaterialisedAnnual report
「Operating profit was above the same period of the previous year despite the impact of soaring raw material prices, due to increased sales and other factors.」
Soaring raw material prices were reported as an actual factor affecting operating profit. At the same time, operating profit exceeded the same period of the previous year due to increased sales. - FY2021WorsenedAnnual report
「Crude oil prices have recently remained at their highest levels since the beginning of the year, and raw material and fuel prices are trending upward. During periods of rising raw material and fuel prices, business performance tends to deteriorate easily because of factors such as delays in passing higher costs through to product prices.」
The Company newly specifies that crude oil prices have risen and raw material and fuel prices are trending upward, highlighting the risk of deteriorating business performance due to delays in passing higher costs through to product prices. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrences or material changes have been identified in existing risks relating to crude oil and naphtha price fluctuations and the pass-through of higher costs. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrences or material changes have been identified in existing risks relating to crude oil and naphtha price fluctuations and the pass-through of higher costs. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No new occurrences or material changes have been identified in existing risks relating to crude oil and naphtha price fluctuations and the pass-through of higher costs. - FY2020Specific measures to address price fluctuation risksAnnual report
「The Company Group is considering formula-based pricing with customers to pass fluctuations in raw material and fuel prices through to product prices in a timely manner, while also working to reduce costs.」
The Company has identified that pricing revisions may affect business performance not only when pass-through is delayed during periods of rising raw material and fuel prices, but also during periods of falling prices, and has presented the consideration of formula-based pricing as a countermeasure. - FY2020-Q3MaterialisedAnnual report
「For the Company Group, sales were below the same period of the previous year due to deteriorating market conditions, including in the automotive market, as well as weak demand in certain areas. Although product price revisions were implemented in response to higher transportation costs, operating profit was below the same period of the previous year due to weak demand and increased fixed costs associated with establishing a production framework for new demand. As a result, sales for the first three quarters cumulative consolidated period were ¥85,561 million, down 2.9% year on year. Operating profit was ¥4,308 million, down 11.2%.」
Although product price revisions were implemented in response to higher transportation costs, operating profit declined 11.2% year on year due to weak demand and increased fixed costs associated with establishing a production framework for new demand. The results show that passing through higher costs alone has not eliminated their impact. - FY2020-Q2RestatedAnnual report
「Although product price revisions were implemented in response to higher transportation costs, operating profit was below the same period of the previous year due to weak demand and increased fixed costs associated with establishing a production framework for new demand.」
Although product price revisions were implemented in response to higher transportation costs, weak demand and increased fixed costs associated with establishing a production framework contributed to the decline in operating profit, confirming that price revisions and rising costs coexisted. - FY2020-Q1Price revisions implemented alongside continuing cost increasesAnnual report
「For the Company Group, sales were below the same period of the previous year due to weak demand in certain areas. Although product price revisions were implemented in response to higher raw material, fuel and transportation costs, operating profit was below the same period of the previous year due to weak demand and increased fixed costs associated with establishing a production framework for new demand.」
Although product price revisions were implemented in response to higher raw material, fuel and transportation costs, costs continued to rise, contributing to the decline in operating profit together with weak demand and increased fixed costs associated with establishing a production framework. - FY2019-Q3MaterialisedAnnual report
「For the Company Group, sales exceeded the same period of the previous year, particularly due to increased sales of high-value-added products and product price revisions reflecting higher raw material prices. Although product price revisions in Japan were completed during the third quarter, operating profit was below the same period of the previous year due to the decline in profit during the first half and delays in improving profitability in the overseas business. The impact of the decline in crude oil prices from around November 2018 on the prices of raw materials used by the Company is expected to emerge mainly from the fourth quarter onward.」
The delay in revising product prices in response to higher raw material prices reduced profit in the first half, and operating profit remained below the same period of the previous year even after the price revisions were completed. The impact of lower crude oil prices on raw material prices is expected from the fourth quarter onward. - FY2019-Q2MaterialisedAnnual report
「For the Company Group, sales exceeded the same period of the previous year, particularly due to increased sales of high-value-added products and product price revisions reflecting higher raw material prices. Operating profit was below the same period of the previous year due to factors including delays in product price revisions. As a result, sales for the first two quarters cumulative consolidated period were ¥57,450 million, up 1.1% year on year. Operating profit was ¥2,801 million, down 43.7%, ordinary profit was ¥2,999 million, down 39.5%, and profit attributable to owners of the parent was ¥2,350 million, down 34.6%.」
The delay in revising product prices in response to higher raw material prices has emerged as a factor behind the decline in operating profit, which fell 43.7% year on year. - FY2019-Q1MaterialisedAnnual report
「For the Company Group, sales exceeded the same period of the previous year, particularly due to increased sales of high-value-added products and product price revisions reflecting higher raw material prices. Operating profit was below the same period of the previous year due to factors including delays in product price revisions across many areas. As a result, sales for the first quarter cumulative consolidated period were ¥28,081 million, up 1.8% year on year. Operating profit was ¥1,297 million, down 41.7%.」
The delay in revising product prices in response to higher raw material prices has emerged as a factor behind the decline in operating profit. Although product price revisions boosted sales, the delay in passing through higher costs affected profit. The delay in revisions and the decline in profit are shown in the figures. - FY2018MaterialisedAnnual report
「In terms of profit, operating profit in Japan declined due to the impact of higher transportation costs, a sharp rise in raw material and fuel prices during the fourth quarter, and weak demand in certain areas, despite increased sales of high-value-added products and the benefit of higher sales in strong-performing areas.」
The sharp rise in raw material and fuel prices and higher transportation costs in the fourth quarter have emerged as factors behind the decline in operating profit. - FY2018-Q3MaterialisedAnnual report
「For the Company Group, sales exceeded the same period of the previous year due to higher sales volumes, a higher proportion of high-value-added products and product price revisions reflecting higher raw material prices. Operating profit was slightly above the same period of the previous year despite the impact of higher raw material and fuel prices and transportation costs in Japan.」
Product price revisions reflecting higher raw material prices contributed to the increase in sales, while higher raw material, fuel and transportation costs were reported as having an actual impact on operating profit. - FY2018-Q2MaterialisedAnnual report
「Operating profit was slightly below the same period of the previous year. Although higher sales contributed positively, this was offset by factors including the lag in revising product prices in Japan in response to higher raw material prices and increases in transportation costs.」
The lag in revising product prices in response to higher raw material prices and increases in transportation costs have emerged as actual factors behind the year-on-year decline in operating profit. - FY2018-Q1MaterialisedAnnual report
「For the Extrusion business as a whole, sales increased due to a higher proportion of high-value-added products and product price revisions. In terms of profit, however, profit declined because of factors including the lag between the increase in raw material prices and the timing of product price revisions.」
The lag in revising product prices in response to higher raw material prices has emerged as an actual factor behind the decline in profit, and fluctuations in raw material prices and the risk of passing through higher costs have affected profit for the quarter. - FY2017RestatedAnnual report
「The raw materials and fuels used by the Company Group are heavily affected by fluctuations in crude oil and naphtha prices and may therefore fluctuate significantly. If the Company Group is unable to adequately pass increases in the prices of these raw materials and fuels through to product selling prices, its business performance and financial position may be adversely affected.」
As before, the Company continues to identify fluctuations in crude oil and naphtha prices and the impact on business performance and financial position of being unable to pass through higher costs as key risks. - FY2016First statedAnnual report
「The raw materials and fuels used by the Company Group are heavily affected by fluctuations in crude oil and naphtha prices and may therefore fluctuate significantly. If the Company Group is unable to adequately pass increases in the prices of these raw materials and fuels through to product selling prices, its business performance and financial position may be adversely affected.」
The Company identifies as risks fluctuations in crude oil and naphtha prices and the impact on business performance and financial position if increases cannot be passed through to selling prices.