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West Japan Railway Company (9021) · RiskAdvancedLatest Financial results presentation materials (2026-08-05): "Materialised"

Risks from rising prices and difficulties in procuring materials

First written in FY2022. 2 of 7 entries say "Worsened", first in FY2023. Latest entry: 2026-08-05.

7entries
5years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022WorsenedFY2023MitigatedFY2024 – FY20252022: 120222023: 120232024: 120242025: 120252026: 32026
Same theme, other companies
Procurement Disruption of Raw Materials and Components and Supplier Business Continuity RiskA theme 76 companies write about · 76 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2021: 34 of 52 companies on the "Worse" side.

13 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 76 companies compared. The sentences above are computed from all 76.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-05MaterialisedFinancial results presentation materials

    「Increased year on year due to inflationary effects, including wage increases and higher labor costs.」

    The company indicated that higher personnel expenses and labor costs had materialized as actual cost increases in connection with rising prices and difficulties in procuring materials.
  2. FY2026AdvancedAnnual report

    「As global concern over human rights in business and environmental issues has grown, our group established the JR West Group Supply Chain Policy, which sets out the basic principles and code of conduct that we and our business partners should mutually observe, and has informed business partners of the policy.」

    Measures to address material procurement and supply-chain risks were expanded beyond workload leveling and spare-parts ordering to include establishing and communicating a supply-chain policy shared with business partners.
  3. 2026-04-30WorsenedEarnings

    「The business environment surrounding our Group also has challenging aspects, including rising prices and interest rates, the emergence of labor shortages accompanying population decline, and the need to respond to increasingly severe natural disasters,」

    The company cited rising prices and the emergence of labor shortages as challenging factors in the business environment.
  4. FY2025MitigatedAnnual report

    「Our group is working to ensure stable outsourcing to partner companies by leveling the workload for construction and maintenance-related activities and further improving working conditions. We are also moving ahead with advance orders for spare parts and the substitution of alternative products based on medium- to long-term replacement plans for aging equipment.」

    Continued measures to address supply-chain risks, including workload leveling, improvements to working conditions, advance ordering of spare parts and substitution with alternative products.
  5. FY2024MitigatedAnnual report

    「Our group is working to ensure stable outsourcing to partner companies by leveling the workload for construction and maintenance-related activities and further improving working conditions. We are also moving ahead with advance orders for spare parts and the substitution of alternative products based on medium- to long-term replacement plans for aging equipment.」

    As measures to address difficulty procuring materials and supply-chain disruption risks, the company specified workload leveling, improvements to working conditions, advance ordering of spare parts and substitution with alternative products.
  6. FY2023WorsenedAnnual report

    「If partner companies supporting our group’s supply chain suspend operations, the workforce declines as a result of the declining birthrate, procurement routes for parts and materials are disrupted, or the procurement of materials is delayed due to a sharp increase in demand, we may be unable to obtain smoothly the technical expertise and parts and materials required to operate railways, which could hinder business continuity.」

    The risk of higher material prices and difficulty procuring materials was expanded to include supply disruptions resulting from partner-company shutdowns, a shrinking workforce, disrupted procurement routes and surging demand.
  7. FY2022First statedAnnual report

    「Inflation, the bankruptcy of business partners and other factors may make certain materials difficult to obtain or increase the cost of purchasing them, which could affect operating results.」

    Difficulty procuring materials and higher purchase costs resulting from inflation and the bankruptcy of business partners were identified as new business risks.
Moved together

"Improving Safety through the Safety Action Plan 2017" moved the same way as this thread, in the same document, in 4 of its 7 moves.

444443★123456
  1. ★This thread
  2. 1Improving Safety through the Safety Action Plan 20174×
  3. 2Enhancing frontline capabilities and securing and developing human resources4×
  4. 3Damage to Transportation Networks and Business from Natural Disasters and Other Events4×
  5. 4Target of approximately 3% for total shareholder return on equity4×
  6. 5Capital Investment Plan under Medium-Term Management Plan 20224×
  7. 6Improving Customer Satisfaction and Attracting Fans of JR West3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for West Japan Railway Company yet. It last moved in the Financial results presentation materials of 2026-08-05: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risks from rising prices and difficulties in procuring materials | West Japan Railway Company (9021) | Komori