Product Price Revisions in Response to Surging Raw Material and Materials Costs
First written in FY2023-Q2. 4 of 11 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 7 companies on the "Worse" side.
19 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Cost of sales was ¥90,266 million, with the cost-of-sales ratio down 1.3 percentage points from the previous consolidated fiscal year to 67.1%. The main factors behind the lower cost-of-sales ratio were the effects of higher raw material and energy prices, among other factors, as well as the effects of higher revenue, price revisions and cost reductions.」
The cost-of-sales ratio fell 1.3 percentage points from 68.4% in the previous fiscal year to 67.1%, reflecting the effects of price revisions and cost reductions, confirming the improvement in profitability for the full fiscal year. - FY2026-H1AdvancedAnnual report
「In terms of earnings, although raw material prices, labor costs, and other costs continued to rise, the gross profit margin increased due in part to the effects of revised selling prices becoming apparent, absorbing the increase in selling, general and administrative expenses. As a result, operating income increased 256.5% year on year to ¥1,351 million, ordinary income increased 170.0% to ¥1,663 million, and interim net income attributable to owners of the parent increased 292.2% to ¥1,005 million.」
The effects of sales price revisions became apparent, contributing to a substantial increase in operating profit and other items through higher gross profit margins and the absorption of increases in SG&A expenses. - FY2025AdvancedAnnual report
「The company continued to be affected by soaring raw material and energy prices, among other factors. However, the effects of sales price revisions finally began to emerge, lifting the gross profit margin, while a decline in the SG&A expense ratio also contributed, resulting in operating profit of ¥2,070 million, up 61.5% year on year.」
Compared with the previous fiscal year, when the company disclosed delays in the rollout of price revisions, the effects of sales price revisions began to emerge and reached the stage of contributing to higher gross profit margins and operating profit. - FY2024Explicit disclosure of delays in the rollout of price revisionsAnnual report
「The company also worked to improve profitability through sales price revisions, but there were delays in their rollout and other factors.」
The company stated that, while it implemented product price revisions in response to soaring raw material and energy prices, delays in their rollout limited the resulting improvement in profitability. - FY2024-Q3RestatedAnnual report
「The company also revised the prices of certain products from June 2023 to address soaring raw material and materials prices.」
The company has continued to implement the measure of revising the prices of certain products from June 2023 in response to soaring raw material and materials prices. - FY2024-Q2RestatedAnnual report
「The company also revised the prices of certain products from June 2023 to address the continuing rise in raw material and materials prices.」
The company has continued to disclose the measure of revising the prices of certain products from June 2023 in response to soaring raw material and materials prices. - FY2024-Q1AdvancedAnnual report
「The company also revised the prices of certain products from June 2023 to address the continuing rise in raw material and materials prices.」
In response to soaring raw material and materials costs, the company revised the prices of certain products from June 2023, in addition to the product price revisions implemented from September 2022. - FY2023-Q3RestatedAnnual report
「The company also revised product prices from September 2022 to address soaring raw material and materials costs.」
The company has continued to disclose the product price revisions implemented from September 2022 in response to soaring raw material and materials costs. - FY2023-Q2First statedAnnual report
「The company also revised product prices from September 2022 to address soaring raw material and materials costs.」
The company specifically disclosed for the first time that it had revised product prices from September 2022 in response to soaring raw material and materials costs.