Centralized Overseas Sourcing of Timber and Stone, and Price and Supply Risks
First written in FY2016. 5 of 10 entries say "Restated". Latest entry: FY2026.
Hasegawa moved to the "Worse" side of this theme in 2021, 3 years after the typical company in this theme (2018).
The whole theme swung hardest in 2018: 5 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「If manufacturing or shipments of products are disrupted by significant yen depreciation, further increases in raw material prices, an inability to secure suppliers of substitute materials, or other factors, business performance may be affected through lower product margins and lost opportunities.」
For the centralized overseas sourcing of wood, stone and other materials, the disclosure continues to identify the effects of yen depreciation, raw material prices, difficulty in sourcing substitute materials, and disruptions to manufacturing and shipments. - FY2023RestatedAnnual report
「Raw materials such as wood used in Buddhist altars and stone used in gravestones are sourced through overseas partner factories where production is concentrated.」
The centralized overseas sourcing of wood, stone and other materials, and the associated risks related to raw material prices, transportation costs, yen depreciation and supply disruptions, remain. - FY2023-Q3RestatedAnnual report
「In addition, raw materials such as wood used in Buddhist altars and stone used in gravestones are sourced through overseas partner factories where production is concentrated. Accordingly, changes in political and economic conditions overseas may cause sharp increases in raw material prices and transportation costs, the effects of significant yen depreciation, supply disruptions for some components, an inability to secure suppliers of substitute materials, or an inability to manufacture or ship products. These conditions could affect business performance through lower product margins and lost opportunities.」
The price, transportation cost, yen depreciation and supply risks associated with centralized overseas sourcing of wood, stone and other materials have been reaffirmed. - FY2023-Q2WorsenedAnnual report
「In addition, raw materials such as wood used in Buddhist altars and stone used in gravestones are sourced through overseas partner factories where production is concentrated. Accordingly, changes in political and economic conditions overseas may cause sharp increases in raw material prices and transportation costs, the effects of significant yen depreciation, supply disruptions for some components, an inability to secure suppliers of substitute materials, or an inability to manufacture or ship products. These conditions could affect business performance through lower product margins and lost opportunities.」
The risks associated with centralized overseas sourcing of wood, stone and other materials now explicitly include higher transportation costs and the effects of significant yen depreciation, in addition to raw material prices. - FY2023-Q1WorsenedAnnual report
「The difficult operating environment continues, owing in part to raw material shortages and higher prices.」
In addition to the existing price and supply risks associated with centralized overseas sourcing, raw material shortages and higher prices were identified as factors contributing to the difficult operating environment. - FY2022RestatedAnnual report
「Raw materials such as wood used in Buddhist altars and stone used in gravestones are sourced through overseas partner factories where production is concentrated.」
The centralized overseas sourcing of wood, stone and other materials, and the associated price and supply risks, remain. - FY2021WorsenedAnnual report
「Sharp increases in raw material prices, supply disruptions for some components, an inability to secure suppliers of substitute materials, or an inability to manufacture or ship products could lead to lower product margins and lost opportunities, thereby affecting business performance.」
The risks associated with centralized overseas sourcing of wood, stone and other materials now explicitly include the possibility of being unable to manufacture or ship products, in addition to price, supply and alternative sourcing risks. - FY2018RestatedAnnual report
「The risks associated with centralized overseas sourcing of wood, stone and other materials, including higher prices, supply disruptions, and difficulty in securing alternative sources, remain.」
The risks associated with centralized overseas sourcing of wood, stone and other materials, including higher prices, supply disruptions, and difficulty in securing alternative sources, remain. - FY2017RestatedAnnual report
「The risks associated with centralized overseas sourcing of wood, stone and other materials, including higher prices, supply disruptions, and difficulty in securing alternative sources, remain.」
The risks associated with centralized overseas sourcing of wood, stone and other materials, including higher prices, supply disruptions, and difficulty in securing alternative sources, remain. - FY2016First statedAnnual report
「Raw materials such as wood used in Buddhist altars and stone used in gravestones, which are among our main products, are sourced through overseas partner factories where production is concentrated. Accordingly, political and economic changes may cause sharp increases in raw material prices, supply disruptions for some components, or an inability to secure suppliers of substitute materials. These conditions could affect business performance and financial condition through lower product margins and lost opportunities.」
Against the backdrop of centralized overseas sourcing of raw materials, the risks identified are higher prices, supply disruptions, and difficulty in securing alternative sources.