Risk of higher cast-iron prices for machine tools
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2024-Q1.
Miroku moved to the "Worse" side of this theme in 2023.
1 other company's latest entry also says "Materialised".
- FY2024-Q1MaterialisedAnnual report
「In addition, the impact of soaring raw material prices and other factors continued, and profit declined year on year.」
Soaring raw material prices have continued to emerge as a factor reducing profit in the machine tools business. - FY2023MaterialisedAnnual report
「In addition, operating profit declined from the previous fiscal year due to the impact of soaring raw material prices and other factors.」
In the machine tools business, soaring raw material prices actually emerged as a factor reducing operating profit. - FY2023-Q3MaterialisedAnnual report
「In addition, profit declined year on year due to soaring material and energy costs, among other factors.」
In connection with the risk of higher costs, including higher raw material prices and insufficient price pass-through, soaring material and energy costs actually became factors reducing profit in the machine tools business. - FY2021RestatedAnnual report
「Therefore, if unexpected changes in economic conditions prevent increases in raw material prices from being passed on to selling prices, and these factors continue for an extended period, this could affect the Group's operating results and financial position.」
The risk to business performance from higher raw material prices for machine tools and insufficient price pass-through is being reconfirmed. - FY2020RestatedAnnual report
「If unexpected changes in economic conditions prevent increases in raw material prices from being passed on to selling prices, and these factors continue for an extended period, this could affect the Group's operating results and financial position.」
The impact on business performance of higher raw material prices, including cast iron for machine tools, and insufficient price pass-through is being reconfirmed. - FY2018RestatedAnnual report
「If increases in the cost of cast iron, which is widely used in machine tools and surface plates, resulting from higher raw-material prices cannot be sufficiently passed through into product prices, business performance could be affected.」
The risk of higher cast iron prices for machine tools and insufficient price pass-through is reiterated. - FY2016First statedAnnual report
「If increases in the cost of cast iron, which is widely used in machine tools and surface plates, resulting from higher raw-material prices cannot be sufficiently passed through into product prices, business performance could be affected.」
The company describes the potential earnings impact of being unable to pass higher cast-iron costs into product prices.