Impact of Falling Copper Prices on Selling Prices and Revenue
First written in FY2016-Q3. 6 of 31 entries say "Restated". Latest entry: FY2026-H1.
0 other companies' latest entry also says "Other".
- FY2026-H1Copper price growth widened from 9.2% to 39.2%Annual report
「The price of copper, the main material used in electric wires, averaged ¥2,009 thousand per tonne during the period, up 39.2% from the year-earlier period's average of ¥1,443 thousand (copper price trend: opening price ¥1,730 thousand per tonne, high ¥2,230 thousand (April 2026), low ¥1,700 thousand (November 2025), interim-period-end price ¥2,230 thousand).」
Copper prices continued to rise year on year, with the rate of increase widening significantly from 9.2% in the previous interim period to 39.2%. - 2026-06-04OtherEarnings
「The price of copper, the principal raw material for wire, rose 39.2% to an average of ¥2,009 thousand per ton during the period, from ¥1,443 thousand per ton in the same period of the previous year.」
Copper prices increased year on year, with a 39.2% rise. - FY2025The rate of increase in copper prices narrowed from 9.2% to 4.8%Annual report
「The price of copper, the main material used in electric wires, averaged ¥1,476 thousand per tonne during the period, up 4.8% from the previous period's average of ¥1,409 thousand.」
Copper prices continued to rise year on year, but the rate of increase narrowed to 4.8% from 14.4% in the previous full year and 9.2% in the previous interim period. Measures to address fluctuations in copper prices were also reported, including early sales of inventory, expanding sales of products unaffected by copper prices, and hedging copper volumes by placing purchase orders at the same time as receiving orders. - FY2025-H1The rate of increase in copper prices narrowed from 14.4% to 9.2%Annual report
「The price of copper, the main material used in electric wires, averaged ¥1,443 thousand per tonne during the period, up 9.2% from the year-earlier period's average of ¥1,322 thousand (copper price trend: opening price ¥1,480 thousand per tonne, high ¥1,540 thousand (March 2025), low ¥1,300 thousand (April 2025), interim-period-end price ¥1,380 thousand).」
Copper prices continued to rise year on year, but the rate of increase narrowed from 14.4% in the previous full year to 9.2%. - FY2024The rate of increase in copper prices widened from 8.1% to 14.4%Annual report
「The price of copper, the main material used in electric wires, averaged ¥1,409 thousand per tonne during the period, up 14.4% from the previous period's average of ¥1,232 thousand.」
Copper prices continued to rise year on year, with the rate of increase widening from 8.1% in the previous quarter to 14.4%. - FY2024-Q2The rate of increase in copper prices widened from 5.6% to 8.1%Annual report
「The price of copper, the main material used in electric wires, averaged ¥1,322 thousand per tonne during the period, up 8.1% from the year-earlier period's average of ¥1,223 thousand (copper price trend: opening price ¥1,270 thousand per tonne, high ¥1,560 thousand (April 2024), low ¥1,230 thousand (December 2023), second-quarter-end price ¥1,560 thousand).」
Copper prices continued to rise year on year, with the rate of increase widening from the previously reported 5.6% to 8.1%. - FY2024-Q1The rate of increase in copper prices widened from 4.1% to 5.6%Annual report
「The price of copper, the main material used in electric wires, averaged ¥1,272 thousand per tonne during the period, up 5.6% from the year-earlier period's average of ¥1,205 thousand (copper price trend: opening price ¥1,270 thousand per tonne, high ¥1,300 thousand (November 2023), low ¥1,230 thousand (December 2023), first-quarter-end price ¥1,300 thousand).」
Copper prices continued to rise year on year, with the rate of increase widening from 1.2% in the previous quarter to 5.6%. - FY2023-Q3The rate of increase in copper prices edged up from 1.0% to 1.2%Annual report
「The price of copper, the main material used in electric wires, averaged ¥1,223 thousand per tonne during the period, up 1.2% from the year-earlier period's average of ¥1,208 thousand.」
Copper prices continued to rise year on year, with the rate of increase edging up from 1.0% in the previous quarter to 1.2%. - FY2023-Q2The rate of increase in copper prices narrowed furtherAnnual report
「The price of copper, the main material used in electric wires, averaged ¥1,223 thousand per tonne during the period, up 1.0% from the year-earlier period's average of ¥1,211 thousand (copper price trend: opening price ¥1,170 thousand per tonne, high ¥1,290 thousand (February 2023), low ¥1,140 thousand (January 2023), second-quarter-end price ¥1,220 thousand).」
Copper prices continued to rise year on year, but the rate of increase narrowed further from 4.1% in the previous quarter to 1.0%. - FY2023-Q1Copper prices continued to rise, but the rate of increase narrowed significantlyAnnual report
「The price of copper, the main material used in electric wires, averaged ¥1,205 thousand per tonne during the period, up 4.1% from the year-earlier period's average of ¥1,158 thousand.」
Copper prices continued to rise year on year, but the rate of increase narrowed significantly from 39.4% in the previous quarter to 4.1%. - FY2022Copper prices continued to rise, but the rate of increase narrowed furtherAnnual report
「The price of copper, the main material used in electric wires, averaged ¥1,195 thousand per tonne during the period, up 18.1% from the previous period's average of ¥1,012 thousand (copper price trend: opening price ¥1,170 thousand per tonne, high ¥1,370 thousand (April 2022), low ¥1,050 thousand (July 2022), closing price ¥1,200 thousand).」
Copper prices continued to rise year on year, but the rate of increase narrowed from 23.0% in the previous quarter to 18.1%. - FY2022-Q3Copper prices continued to rise, but the rate of increase narrowedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥1,208 thousand per tonne during the period, up 23.0% from the year-earlier period's average of ¥982 thousand (copper price trend: opening price ¥1,170 thousand per tonne, low ¥1,050 thousand (July 2022), high ¥1,370 thousand (April 2022), third-quarter-end price ¥1,080 thousand).」
Copper prices continued to rise year on year, but the rate of increase narrowed from 32.6% in the previous quarter to 23.0%. - FY2022-Q2RestatedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥1,211 thousand per tonne during the period, up 32.6% from the year-earlier period's average of ¥913 thousand (copper price trend: opening price ¥1,170 thousand per tonne, low ¥1,120 thousand (December 2021), high ¥1,370 thousand (April 2022), second-quarter-end price ¥1,320 thousand).」
Copper prices continued to rise year on year and were cited as a factor behind higher sales in the construction and electrical distribution markets. - FY2022-Q1RestatedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥1,158 thousand per tonne during the period, up 39.4% from the year-earlier period's average of ¥831 thousand (copper price trend: opening price ¥1,170 thousand per tonne, low ¥1,120 thousand (December 2021), high ¥1,200 thousand (January 2022), first-quarter-end price ¥1,190 thousand).」
Copper prices continued to rise year on year. The year-on-year rate of increase was 39.4%, and this was reflected in results as a factor behind higher selling prices. - FY2021-Q3The rate of increase in copper prices widenedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥982 thousand per tonne during the period, up 49.0% from the year-earlier period's average of ¥659 thousand (copper price trend: opening price ¥750 thousand per tonne, low ¥750 thousand (November 2020), high ¥1,190 thousand (May 2021), third-quarter-end price ¥1,110 thousand).」
Copper prices continued to rise year on year, with the rate of increase widening from 38.8% in the previous quarter to 49.0%. - FY2021-Q2The rate of increase in copper prices widenedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥913 thousand per tonne during the period, up 38.8% from the year-earlier period's average of ¥658 thousand (copper price trend: opening price ¥750 thousand per tonne, low ¥750 thousand (November 2020), high ¥1,080 thousand (April 2021), second-quarter-end price ¥1,080 thousand).」
Copper prices continued to rise year on year, with the rate of increase widening from 19.2% in the previous quarter to 38.8%. Higher sales in the construction and electrical distribution markets accompanying the rise in copper prices were also cited as a factor affecting results. - FY2021-Q1Copper prices turned from declining to risingAnnual report
「The price of copper, the main material used in electric wires, averaged ¥831 thousand per tonne during the period, up 19.2% from the year-earlier period's average of ¥697 thousand (copper price trend: opening price ¥750 thousand per tonne, low ¥750 thousand (November 2020), high ¥890 thousand (January 2021), first-quarter-end price ¥870 thousand).」
Copper prices rose 19.2% year on year, turning upward after the decline that had continued through the previous period. This time, they were cited as a factor behind higher selling prices. - FY2020MitigatedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥680 thousand per tonne during the period, down 3.7% from the previous period's average of ¥706 thousand.」
Copper prices declined year on year, but the rate of decline narrowed from 8.7% in the previous quarter to 3.7%. - FY2020-Q3MitigatedAnnual report
「In the electric wire industry in which the Group operates, the price of copper, the main material used in electric wires, averaged ¥659 thousand per tonne during the period, down 8.7% from the year-earlier period's average of ¥722 thousand (copper price trend: opening price ¥670 thousand per tonne, low ¥550 thousand (March 2020), high ¥750 thousand (July 2020), third-quarter-end price ¥730 thousand).」
Copper prices continued to decline year on year, but the rate of decline narrowed from 10.7% in the previous quarter to 8.7%. Their impact as a factor behind lower selling prices remains. - FY2020-Q2WorsenedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥658 thousand per tonne during the period, down 10.7% from the year-earlier period's average of ¥737 thousand (copper price trend: opening price ¥670 thousand per tonne, low ¥550 thousand (March 2020), high ¥730 thousand (January 2020), second-quarter-end price ¥590 thousand).」
The year-on-year rate of decline in copper prices widened from 3.2% in the previous quarter to 10.7%, and copper prices were cited as a factor behind lower selling prices. - FY2020-Q1MitigatedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥697 thousand per tonne during the period, down 3.2% from the year-earlier period's average of ¥720 thousand (copper price trend: opening price ¥670 thousand per tonne, low ¥670 thousand (November 2019), high ¥730 thousand (January 2020), first-quarter-end price ¥670 thousand).」
Copper prices continued to decline year on year, but the rate of decline narrowed from 9.1% in the previous quarter to 3.2%. - FY2019-Q3WorsenedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥722 thousand per tonne during the period, down 9.1% from the year-earlier period's average of ¥794 thousand.」
Copper prices continued to decline year on year, with the rate of decline widening from 7.8% in the previous quarter to 9.1%. They were also cited as a factor behind lower selling prices. - FY2019-Q2MaterialisedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥737 thousand per tonne during the period, down 7.8% from the year-earlier period's average of ¥799 thousand.」
Copper prices continued to decline year on year, becoming a factor behind lower selling prices. The rate of decline narrowed from 11.8% in the previous quarter to 7.8%. - FY2019-Q1MaterialisedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥720 thousand per tonne during the period, down 11.8% from the year-earlier period's average of ¥816 thousand (copper price trend: opening price ¥720 thousand per tonne, low ¥680 thousand (January 2019), high ¥760 thousand (November 2018), first-quarter-end price ¥710 thousand).」
The disclosure states that copper prices fell 11.8% year on year, becoming a factor behind lower selling prices. - FY2018RestatedAnnual report
「The price of copper, the main material used in electric wires, averaged ¥777 thousand per tonne during the period, up 9.6% from the previous period's average of ¥709 thousand (copper price trend: opening price ¥820 thousand per tonne, low ¥690 thousand (August 2018), high ¥850 thousand (December 2017), closing price ¥740 thousand).」
Copper prices rose year on year, and the theme that fluctuations in copper prices could affect net sales and earnings remains relevant. - FY2018-Q3RestatedAnnual report
「The price of copper, the principal raw material for electric wires and cables, averaged ¥794 thousand per tonne during the period, up 15.7% from the year-earlier average of ¥686 thousand (copper price movements: ¥820 thousand per tonne at the beginning of the period, low of ¥720 thousand in July 2018, high of ¥850 thousand in December 2017, and ¥730 thousand at the end of the third quarter).」
Copper prices continued to rise year on year, and the performance discussion continued to include the revenue benefit from higher copper prices. - FY2018-Q2Explicitly cites the revenue benefit from higher copper pricesAnnual report
「The price of copper, the principal raw material for electric wires and cables, averaged ¥799 thousand per tonne during the period, up 16.5% from the year-earlier average of ¥686 thousand (copper price movements: ¥820 thousand per tonne at the beginning of the period, low of ¥740 thousand in March 2018, high of ¥850 thousand in December 2017, and ¥800 thousand at the end of the second quarter).」
Copper prices continued to rise year on year, and the performance discussion explicitly cites their contribution to higher revenue as a factor benefiting revenue from higher copper prices. - FY2017-Q3RestatedAnnual report
「The price of copper, the principal raw material for electric wires and cables, averaged ¥686 thousand per tonne during the period, up 18.3% from the year-earlier average of ¥580 thousand (copper price movements: ¥550 thousand per tonne at the beginning of the period, low of ¥550 thousand in November 2016, high of ¥740 thousand in February 2017, and ¥740 thousand at the end of the third quarter).」
Copper prices continued to rise year on year, following the previous quarter. No worsening of, or shift to a decline in, the risk involving the impact of lower copper prices on selling prices and revenue was cited. - FY2017-Q2RestatedAnnual report
「The price of copper, the principal raw material for electric wires and cables, averaged ¥686 thousand per tonne during the period, up 14.9% from the year-earlier average of ¥597 thousand (copper price movements: ¥550 thousand per tonne at the beginning of the period, low of ¥550 thousand in November 2016, high of ¥740 thousand in February 2017, and ¥660 thousand at the end of the second quarter).」
Copper prices continued to rise year on year, following the previous quarter. This quarter, the company did not cite any worsening of the risk involving the impact of lower copper prices on selling prices and revenue. - FY2017-Q1Copper prices shifted from a decline to an increaseAnnual report
「The price of copper, the principal raw material for electric wires and cables, averaged ¥678 thousand per tonne during the period, up 11.5% from the year-earlier average of ¥608 thousand (copper price movements: ¥550 thousand per tonne at the beginning of the period, low of ¥550 thousand in November 2016, high of ¥720 thousand in November 2016, and ¥720 thousand at the end of the first quarter).」
Unlike the decline in copper prices reported previously, copper prices rose year on year this quarter. - FY2016-Q3MaterialisedAnnual report
「The price of copper, the principal raw material for electric wires and cables, averaged ¥580 thousand per tonne during the period, down 24.9% from the year-earlier average of ¥772 thousand.」
The company explains that the decline in copper prices actually occurred and that revenue fell 11.6% year on year through lower selling prices.