Fluctuations in Commodity Prices, Including Raw Materials and Crude Oil
First written in FY2016. 13 of 24 entries say "Restated". Latest entry: 2026-04-30.
Meiwa moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).
The whole theme swung hardest in 2022: 40 of 57 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- 2026-04-30WorsenedEarnings
「Uncertainty is expected to persist, including concern over prolonged geopolitical risks, particularly the situation in Iran, and persistently high energy prices resulting from those risks.」
Prolonged geopolitical risks and concern over persistently high energy prices were identified as factors contributing to uncertainty in the next period. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes in the major risks, including commodity market conditions and raw material prices. - FY2025RestatedAnnual report
「The Group handles materials and raw materials for various products, as well as the products themselves, extensively in Japan and overseas. Significant fluctuations in commodity market conditions, supply-demand balances or foreign exchange rates may affect revenue and profit or loss from these transactions.」
The Group continues to address the risks of fluctuations in commodity market conditions, supply-demand balances and foreign exchange rates through information gathering and analysis. - FY2023RestatedAnnual report
「The Group handles materials and raw materials for various products, as well as the products themselves, extensively in Japan and overseas. Significant fluctuations in commodity market conditions, supply-demand balances or foreign exchange rates may affect revenue and profit or loss from these transactions.」
The risks of fluctuations in commodity market conditions, raw material prices and supply-demand balances have been reconfirmed as market risks, with responses involving information gathering and analysis described. - FY2023-Q3RestatedAnnual report
「The outlook remains uncertain due to the effects of the prolonged situation in Ukraine, the impact of soaring resource prices and other factors.」
The impact of soaring resource prices continues to be identified, as in the previous quarter, and uncertainty relating to commodity prices continues. - FY2023-Q2WorsenedAnnual report
「The outlook remains uncertain due to the markedly different COVID-19 measures adopted by each country, the effects of the prolonged situation in Ukraine, the impact of soaring resource prices and other factors.」
In relation to commodity price fluctuations, the impact of soaring resource prices has been newly identified, strengthening the factors contributing to uncertainty in the pricing environment. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the major risks, including fluctuations in commodity prices. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the major risks, including fluctuations in commodity prices. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the major risks, including fluctuations in commodity prices. - FY2021-Q3RestatedAnnual report
「In the battery materials business, some transactions generated losses because of falling market prices, but demand for battery materials for automobiles and other applications recovered.」
Losses in some battery-material transactions due to declining market prices continue to arise. - FY2020-Q3MaterialisedAnnual report
「In the battery materials business, transactions remained weak due to a significant decline in demand for battery materials for automobiles and other applications, while some transactions generated losses because of falling market prices.」
Losses are actually arising in some transactions involving battery materials due to the impact of declining market prices. - FY2020-Q2MaterialisedAnnual report
「In the battery materials business, transactions remained weak due to a significant decline in demand for battery materials for automobiles and other applications, while some transactions generated losses because of falling market prices.」
Losses actually arose in some transactions involving battery materials due to the impact of declining market prices. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in business and other risks, including fluctuations in commodity prices. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in business and other risks, including fluctuations in commodity prices. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in business and other risks, including fluctuations in commodity prices. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in business and other risks, including fluctuations in commodity prices. - FY2018-Q3MitigatedAnnual report
「Battery-related materials, including battery materials for automobiles, performed well. Flame retardants also remained steady as market prices for key products recovered. Rare earths performed steadily, while trading in rare metals overall remained weak due to lower trading volumes.」
Rare earths, which had previously been weak, turned steady, and the recovery of market prices for flame retardants continued, so the impact of commodity market conditions has weakened in some areas. Rare metals overall, however, remained weak due to lower trading volumes. - FY2018-Q2MaterialisedAnnual report
「Meanwhile, rare earths remained weak due to sluggish market prices and lower trading volumes.」
Sluggish commodity prices continue to have an actual impact on rare earths' business performance. - FY2018-Q1MaterialisedAnnual report
「Meanwhile, rare earths remained weak due to sluggish market prices and lower trading volumes.」
Sluggish commodity prices continue to have an actual impact on rare earths' business performance. - FY2017MaterialisedAnnual report
「Meanwhile, rare earths remained weak due to sluggish market prices and lower trading volumes.」
Sluggish commodity prices have actually affected rare earths' performance. The recovery of market prices for key flame-retardant products is also noted. - FY2017-Q3MaterialisedAnnual report
「Rare earths remained weak due to sluggish market prices and lower trading volumes. Flame retardants, however, remained steady as market prices for key products recovered.」
Commodity market fluctuations have actually affected the weak performance of rare earths, while market recovery has also been seen for flame retardants. - FY2017-Q2RestatedAnnual report
「As a result, revenue declined to ¥63,368 million, down 5.6% year on year.」
Weak market conditions and other factors continue to be identified as causes of weak performance in the functional materials business, indicating that the impact of commodity market conditions continues. - FY2017-Q1MaterialisedAnnual report
「Rare earths remained weak due to lower trading volumes and declining market prices. Flame retardants also remained weak because market prices for key products declined.」
The decline in market prices for rare earths and flame retardants is stated to have affected results. - FY2016First statedAnnual report
「The Group conducts business across a broad range of industries, including chemicals, automobiles, information and telecommunications equipment, and construction and building materials. If overseas economic conditions or trends in these industries deteriorate, or if commodity prices such as those of raw materials and crude oil decline, the Group's operating results and financial position may be affected.」
The potential impact of declining commodity prices is explicitly identified as a risk.