Raw Material Procurement Risks Driven by Crude Oil Prices and Economic Conditions in China and Southeast Asia
First written in FY2018. 15 of 28 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2027-H1.
Lihit Lab. moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2021: 26 of 52 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「As a result, net sales in the Office Supplies and Other Businesses segment amounted to ¥4,619 million, down 1.0% year on year. Although the company worked to launch new products proactively and control expenses, operating income fell 68.5% year on year to ¥53 million due to higher production costs resulting from rising raw material prices and the weaker yen, as well as sales in the mail-order business falling short of expectations.」
Higher production costs due to rising raw material prices and the weaker yen continued, and operating income in the Office Supplies and Other Businesses segment fell 68.5% year on year to ¥53 million. The impact of higher raw material and import costs on earnings continues to be confirmed. - FY2026WorsenedAnnual report
「In addition to substantial increases in energy resource and raw material costs, rising labor costs and the yen's depreciation have made the earnings environment surrounding companies increasingly challenging.」
The Company explicitly identifies raw material and energy costs, rising labor costs and the yen's depreciation as factors worsening the earnings environment. - 2026-04-03WorsenedRevisions to earnings forecasts
「Downside risks to the economy are a concern due to factors including higher crude oil prices associated with worsening conditions in the Middle East, rising personnel expenses caused by labor shortages, higher import prices resulting from the depreciation of the yen, and the impact of U.S. tariff policies.」
The company specifies crude oil prices, labor shortages, personnel expenses, higher import prices caused by yen depreciation, and U.S. tariff policies as downside factors related to raw-material and procurement costs. - FY2026-H1RestatedAnnual report
「Consumer prices have also continued to rise owing to soaring raw material and labor costs, and the outlook for the economy remains uncertain.」
The Company recognizes that soaring raw material costs and rising prices are continuing, and continues to disclose risks related to raw material procurement and rising costs. - FY2025RestatedAnnual report
「The Group's office supplies and related business uses petroleum products as its principal raw materials. Social conditions in the Middle East, developments in the Russia-Ukraine situation, and changes in supply and demand in Europe, the United States, China and elsewhere may affect raw material prices and stable procurement, potentially affecting the Group's operating results and financial condition.」
The Company continues to disclose risks to raw material prices and stable procurement arising from crude oil prices, geopolitical conditions, and supply-demand conditions in Europe, the United States, China and elsewhere. - FY2025-H1RestatedAnnual report
「In terms of profit, although the difficult economic environment continued, including persistently high raw material prices and the yen's depreciation, efforts to benefit from product price revisions and reduce production costs resulted in an operating profit of ¥63 million (operating loss of ¥105 million in the same period of the previous fiscal year).」
While raw material prices remained high and the yen continued to depreciate, operating results shifted from a loss in the same period of the previous year to a profit, owing to price revisions and lower production costs. - FY2024WorsenedAnnual report
「The persistently high level of raw material prices and higher import costs resulting from the weaker yen had a significant impact, resulting in a ¥278 million operating loss (operating loss of ¥153 million in the previous fiscal year).」
Persistently high raw material prices and higher import costs resulting from the weaker yen materialized as a full-year operating loss of ¥278 million, with the loss widening. - FY2024-Q3WorsenedAnnual report
「Although the Company passed higher costs on to selling prices and worked to reduce expenses, some purchase prices continued to rise, while higher import costs due to foreign exchange factors exceeded expectations, among other factors, resulting in an operating loss of ¥225 million (operating loss of ¥57 million in the same period of the previous fiscal year).」
Despite passing higher costs on to selling prices and reducing expenses, increases in purchase prices and import costs exceeded expectations, and the operating loss widened from ¥57 million to ¥225 million. - FY2024-Q2WorsenedAnnual report
「The persistently high level of raw material prices and higher import costs resulting from the weaker yen had a significant impact, resulting in an operating loss of ¥105 million (operating loss of ¥4 million in the same period of the previous fiscal year).」
Persistently high raw material prices and higher import costs resulting from the weaker yen have materialized as an expanded operating loss. - FY2024-Q1WorsenedAnnual report
「As a result, revenue from the office supplies and related business was ¥2,432 million, up 0.6% year on year. In terms of profit, despite the increase in revenue, profit fell short of the expected level, and soaring raw material prices, higher import costs resulting from the rapid depreciation of the yen and other factors resulted in an operating loss of ¥61 million (operating profit of ¥41 million in the same period of the previous fiscal year).」
Soaring raw material prices and higher import costs have materialized as a ¥61 million operating loss in the office supplies and related business, resulting in a shift from operating profit in the same period of the previous year to an operating loss. - FY2023WorsenedAnnual report
「The Group's office supplies and related business uses petroleum products as its principal raw materials. Social conditions in the Middle East, developments in the Russia-Ukraine situation, and changes in supply and demand in Europe, the United States, China and elsewhere may affect raw material prices and stable procurement, potentially affecting the Group's operating results and financial condition.」
While continuing to disclose risks related to raw material prices and stable procurement, soaring raw material prices and higher import costs have affected actual results, resulting in a full-year operating loss of ¥153 million. - FY2023-Q3WorsenedAnnual report
「In terms of profit, in addition to lower revenue, the surge in raw material prices and higher import costs accompanying the sharp depreciation of the yen resulted in an operating loss of ¥57 million, compared with operating income of ¥325 million for the cumulative third quarter of the previous consolidated fiscal year. Ordinary income was ¥54 million, down 85.6% year on year, and net income attributable to owners of the parent was ¥38 million, down 84.2%.」
Soaring raw material prices and higher import costs resulting from the rapid depreciation of the yen have emerged as factors behind the decline in profits, and the operating loss widened from ¥4 million to ¥57 million for the cumulative second quarter. - FY2023-Q2WorsenedAnnual report
「In terms of profit, in addition to the decline in revenue, soaring raw material prices and higher import costs resulting from the rapid depreciation of the yen and other factors resulted in an operating loss of ¥4 million (operating profit of ¥276 million in the same period of the previous fiscal year).」
Soaring raw material prices and higher import costs resulting from the rapid depreciation of the yen are cited as actual factors behind the decline in profits, materializing as a shift to an operating loss. - FY2023-Q1WorsenedAnnual report
「In addition to the decline in revenue, due to soaring raw material prices and higher transportation costs」
Soaring raw material prices and higher transportation costs are cited as actual factors behind the decline in profits, indicating increasing risks related to raw material procurement and rising costs. - FY2022WorsenedAnnual report
「The Group's office supplies and related business uses petroleum products as its principal raw materials. Social conditions in the Middle East, developments in the Russia-Ukraine situation, and changes in supply and demand in Europe, the United States, China and elsewhere may affect raw material prices and stable procurement, potentially affecting the Group's operating results and financial condition.」
The Russia-Ukraine situation has been added to the previous focus on crude oil, China and Southeast Asia, expanding the factors affecting raw material prices and stable procurement. - FY2022-Q3WorsenedAnnual report
「However, the outlook remains uncertain as to whether the economic recovery will become firmly established, given recent supply shortages of components and raw materials and signs of a new wave of variant-virus infections.」
In connection with raw material price and procurement risks, shortages of parts and raw materials have newly emerged as a specific factor making the current economic recovery uncertain. - FY2021ReframedAnnual report
「The Group's office supplies and related business uses petroleum products as major raw materials. Changes in social conditions in the Middle East and changes in supply and demand resulting from economic conditions in Europe, the United States, China and elsewhere may affect raw-material prices and stable procurement, potentially affecting the Group's operating results and financial condition.」
The description has shifted from supply-and-demand fluctuations centered on China and Southeast Asia to raw-material procurement risks that also encompass conditions in the Middle East and economic conditions in Europe, the United States, China and elsewhere. - FY2021-Q1RestatedAnnual report
「Due to declining sales and higher purchase prices for raw materials and outsourced products,」
Higher purchase prices for raw materials and outsourced products continue to occur and, together with declining sales, are a factor reducing profit. - FY2020RestatedAnnual report
「The Group's office supplies and related business uses petroleum products as major raw materials. Fluctuations in crude oil prices and changes in supply and demand resulting from shifts in economic conditions in China and Southeast Asia may affect raw-material prices and stable procurement, potentially affecting the Group's operating results and financial condition.」
It continues to disclose the risk to raw-material procurement from crude oil prices and supply-and-demand fluctuations in China and Southeast Asia. - FY2020-Q2RestatedAnnual report
「Due to declining sales and higher purchase prices for raw materials and outsourced products,」
Higher purchase prices for raw materials and outsourced products continue to occur and, together with declining sales, are a factor reducing profit. - FY2020-Q1RestatedAnnual report
「Although purchase prices for raw materials and outsourced products rose, and expenses such as transportation and labor costs increased,」
Higher purchase prices for raw materials and outsourced products and increased expenses such as transportation costs continue to occur. - FY2019-Q3RestatedAnnual report
「Although purchase prices for raw materials and outsourced products rose and expenses such as transportation costs increased,」
Higher purchase prices for raw materials and outsourced products and increased expenses such as transportation costs continue to occur. - FY2019-Q2RestatedAnnual report
「Due to higher purchase prices for raw materials and outsourced products and increased expenses such as transportation costs」
Higher purchase prices for raw materials and outsourced products and increased costs such as transportation expenses continue to occur. - FY2019-Q1MaterialisedAnnual report
「Due to higher purchase prices for raw materials and outsourced products and increased expenses such as transportation costs」
Higher purchase prices for raw materials and outsourced products and increased costs such as transportation expenses have actually occurred and are factors reducing profit. - FY2018First statedAnnual report
「The Group's office supplies and related business uses petroleum products as major raw materials. Fluctuations in crude oil prices and changes in supply and demand resulting from shifts in economic conditions in China and Southeast Asia may affect raw-material prices and stable procurement, potentially having a significant effect on the Group's operating results and financial condition.」
Given its use of petroleum products as major raw materials, it identifies crude oil prices and supply-and-demand fluctuations in China and Southeast Asia as procurement risks.