Fluctuations in crude oil prices
First written in FY2016. 7 of 17 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-04-28.
Kanagawa Chuo Kotsu moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
1 other company's latest entry also says "Worsened".
- 2026-04-28WorsenedInvestor presentation
「Geopolitical risks have recently increased against the backdrop of heightened tensions in the Middle East, and fluctuations in resource prices and supply volumes caused by the unstable international situation may have a certain impact on our results.」
In addition to fluctuations in crude oil prices, the company indicated the possibility of fluctuations in resource prices and supply volumes arising from geopolitical risks. - FY2023-Q3MaterialisedAnnual report
「Operating income was ¥449 million, down 18.8% year on year, due to higher costs resulting from surging resource prices and other factors.」
Surging resource prices continued to be reflected in the results as a factor behind operating income of ¥449 million in the other businesses, down 18.8% year on year, through higher costs. The figure is quantified. Based on this. - FY2023-Q2MaterialisedAnnual report
「In the distribution business, revenue increased at ㈱神奈中商事 due to higher diesel selling prices and increased automotive parts sales. As a result, revenue for the other businesses as a whole was ¥13,423 million, up 8.0% year on year, but operating income was ¥278 million, down 16.7%, due to higher costs resulting from surging resource prices and other factors.」
Surging resource prices continued to be reflected in the results as a factor reducing operating income in the other businesses by 16.7% year on year through higher costs. - FY2023-Q1MaterialisedAnnual report
「As a result, revenue for the other businesses as a whole was ¥6,481 million, up 6.8% year on year, but operating income was ¥119 million, down 18.3%, due to higher costs resulting from surging resource prices and other factors.」
Surging resource prices were reflected in the results as a factor behind lower operating income in the other businesses through higher costs. - FY2022WorsenedAnnual report
「In addition, the outlook remains uncertain due to surging resource prices, including crude oil, and rising tensions surrounding the situation in Ukraine.」
The surge in resource prices, including crude oil, was identified as a factor worsening the external environment, and fuel and oil costs increased from ¥2,754 million in the previous period to ¥3,281 million. - FY2021-Q3MaterialisedAnnual report
「In the distribution business, orders for disinfection and cleaning services inside buses to prevent infection and sales of infection-prevention goods remained solid at ㈱神奈中商事. However, revenue decreased as fuel sales volumes declined due to weak demand, in addition to sluggish selling prices resulting from lower crude oil prices.」
The decline in crude oil prices continued to be reflected in the results as a factor behind lower revenue in the distribution business through sluggish fuel selling prices and lower sales volumes. - FY2021-Q1MaterialisedAnnual report
「In the distribution business, revenue at ㈱神奈中商事 increased as demand for infection-prevention products rose with the spread of COVID-19, resulting in higher sales of masks and disinfectant. However, revenue decreased in fuel sales due to the impact of lower crude oil prices on selling prices and lower sales volumes resulting from weak demand.」
The decline in crude oil prices was reflected in the results as a factor behind lower revenue in the distribution business through lower fuel selling prices and sales volumes. - FY2020MitigatedAnnual report
「The Company continually monitors trends in the crude oil and foreign exchange markets and uses oil average swap transactions to fix part of its diesel purchase price in preparation for risks associated with market price fluctuations.」
As a measure against crude oil price fluctuations, the Company disclosed a method of fixing part of its diesel purchase price through oil average swaps. - FY2019MaterialisedAnnual report
「In the distribution business, revenue increased at ㈱神奈中商事 due to increased parts sales from replacement orders for bus IC card system equipment, as well as higher fuel selling prices resulting from higher crude oil prices.」
While higher crude oil prices contributed to higher revenue in the distribution business through higher fuel selling prices, fuel and oil costs also increased year on year, reflecting the impact of price fluctuations in the results. - FY2019-Q3Higher crude oil prices contributed to higher fuel selling pricesAnnual report
「In the distribution business, fuel unit prices rose at ㈱神奈中商事 due to higher crude oil prices, while parts sales increased following the replacement of bus IC card system equipment, among other factors, resulting in higher revenue.」
Higher crude oil prices contributed to higher revenue in the distribution business through higher fuel selling prices. - FY2019-Q1RestatedAnnual report
「As a result, revenue for the general passenger vehicle transportation business as a whole was ¥15,339 million, up 0.4% year on year, but operating income was ¥1,239 million, down 7.1%, due mainly to higher fuel costs resulting from higher fuel unit prices.」
The increase in fuel costs resulting from higher fuel unit prices continues to weigh on operating income in the general passenger vehicle transportation business. - FY2018-Q2MaterialisedAnnual report
「Against this backdrop, Group companies implemented proactive sales measures in their respective divisions. As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥57,349 million, up 0.1% year on year, due mainly to strong new vehicle sales in the automotive sales business. However, operating income was ¥4,105 million, down 10.0% year on year, ordinary income was ¥4,141 million, down 9.2%, and net income attributable to owners of the parent was ¥2,698 million, down 11.2%, due to higher depreciation and amortization expenses associated with increased replacement of buses in the general passenger vehicle transportation business and higher fuel costs resulting from higher fuel unit prices.」
The increase in fuel costs resulting from higher fuel unit prices was reflected in the results as a factor behind declines in operating income, ordinary income and net income attributable to owners of the parent. - FY2018-Q1Higher crude oil prices contributed to higher fuel selling pricesAnnual report
「In the distribution business, revenue increased at ㈱神奈中商事 due to higher fuel selling prices resulting from higher crude oil prices, as well as increased sales volumes.」
The disclosure states that higher crude oil prices contributed to higher revenue in the distribution business through higher fuel selling prices. - FY2017MitigatedAnnual report
「The Company uses derivatives to hedge risks such as fluctuations in interest rates on borrowings and market prices of commodities, including fuel, and does not engage in speculative transactions.」
To address crude oil price fluctuation risk, the Company uses derivatives on fuel for hedging purposes. - FY2017-Q2RestatedAnnual report
「As a result, revenue for the general passenger vehicle transportation business as a whole was ¥30,384 million, up 0.1% year on year, and operating income was ¥2,741 million, up 10.6% year on year, due mainly to lower fuel costs resulting from a significant decline in crude oil prices.」
The significant decline in crude oil prices continues to contribute to profit through lower fuel costs. - FY2017-Q1Lower fuel costs contributed during the quarterAnnual report
「As a result, revenue for the general passenger vehicle transportation business as a whole was ¥15,287 million, up 0.5% year on year, and operating income was ¥1,631 million, up 19.6% year on year, due mainly to lower fuel costs resulting from a significant decline in crude oil prices.」
Regarding the risk of crude oil price fluctuations, the Company stated that the significant decline during the quarter contributed to profit through lower fuel costs. - FY2016First statedAnnual report
「Depending on crude oil price trends, the Group's operating performance and financial position may be affected.」
The Company identifies external price fluctuations affecting fuel costs in the passenger transportation business as a risk.