Pass-through of higher raw material prices and import costs from yen depreciation
First written in FY2023-Q2. 5 of 9 entries say "Restated". Latest entry: 2026-10-02.
2 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Consolidated operating profit was ¥7,436 million, up 24.9% year on year, and the consolidated operating margin was 8.2%. Consolidated net sales achieved the target, and, in addition to strong domestic sales centered on higher-priced products, consolidated operating profit exceeded the target as a result of passing through higher import costs resulting from the weaker yen.」
As a result of passing through higher import costs resulting from the weaker yen and selling higher-priced products, operating profit rose 24.9% year on year and exceeded the ¥7,200 million target. - FY2025-H1RestatedAnnual report
「Regarding profit, although selling, general and administrative expenses increased, strong domestic sales and price pass-through for higher import costs resulting from the weaker yen resulted in operating profit of ¥4,870 million, up 11.4% year on year.」
The group continued passing through higher import costs resulting from the weaker yen, and operating profit rose 11.4% year on year. - FY2024RestatedAnnual report
「Although selling, general and administrative expenses increased, operating profit reached ¥5,955 million, up 19.1% from the previous consolidated fiscal year, as a result of strengthening price competitiveness and passing through increased import costs resulting from the weaker yen.」
The group continued passing through increased import costs resulting from the weaker yen, and operating profit rose 19.1% year on year. - FY2024-Q1RestatedAnnual report
「Although net sales increased as the company pursued price pass-through for higher import costs caused by yen depreciation, operating income was ¥3,525 million, up 0.0% year on year, due to an increase in selling, general and administrative expenses.」
Although the group continued passing through higher raw material prices and increased import costs resulting from the weaker yen, operating profit rose only 0.0% year on year, partly due to higher selling, general and administrative expenses. - FY2023AdvancedAnnual report
「Operating profit was ¥5,000 million, up 7.2% from the previous consolidated fiscal year.」
As a result of passing through higher raw material prices and increased import costs resulting from the weaker yen, operating profit rose 7.2% year on year and exceeded SHIFT's 2023 operating profit target of ¥3,900 million. - FY2023-Q2First statedAnnual report
「The group advanced the pass-through of higher raw material prices and increased import costs resulting from the weaker yen.」
The pass-through of higher raw material prices and increased import costs resulting from the weaker yen was described for the first time as a specific initiative.