Higher Procurement Costs Driven by Surging Raw Material and Crude Oil Prices and Yen Depreciation
First written in FY2021. 4 of 11 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2026-H1.
Kato Sangyo moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 78 of 119 companies on the "Worse" side.
46 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Product price increases continued as soaring raw-material prices were compounded by ongoing labor shortages and higher logistics costs, and retail prices continued to trend upward.」
The company explained that product price increases continued as soaring raw-material prices were compounded by labor shortages and higher logistics costs. - FY2025-H1ReframedAnnual report
「In addition to increases in procurement prices, including raw-material prices, and energy prices, continued product price increases are expected because higher wage increases are raising labor costs and the 2024 problem and other factors are driving up logistics costs.」
The company added labor costs resulting from high wage increases and logistics costs resulting from the 2024 problem and other factors to its previous explanation centered on raw-material and procurement prices, energy prices and yen depreciation, and expects product price increases to continue. - FY2024-Q2ReframedAnnual report
「Although increases in procurement prices, including raw material prices, and energy prices appear to have peaked, the trend toward higher costs is expected to re-emerge due to high wage increases since this spring, the 2024 logistics problem and further yen depreciation.」
While stating that the rise in procurement and energy prices appeared to have run its course, the company indicated that cost increases could re-emerge because of high wage increases, the 2024 logistics problem and further yen depreciation. - FY2024-Q1ReframedAnnual report
「Although cost increases in procurement prices, including raw-material prices, and energy prices showed signs of easing, product price increases continued to be implemented intermittently as higher labor costs and the impact of yen depreciation were added.」
While stating that cost increases in procurement and energy prices showed signs of easing, the company newly cited higher labor costs and the impact of yen depreciation, indicating that product price increases continued. - FY2023-Q3RestatedAnnual report
「As economic activity normalized following the COVID-19 crisis, the impact of yen depreciation was added to cost increases in procurement prices, including raw-material prices, labor costs and energy prices, and product price increases continued to be implemented intermittently.」
The company indicated that higher procurement prices, labor costs and energy prices, cost increases due to yen depreciation, and product price increases continued. - FY2023-Q2WorsenedAnnual report
「As economic activity normalized following the COVID-19 crisis, the impact of yen depreciation was added to the significant cost increases in procurement prices, including raw-material prices, and energy prices, and product price increases continued without abating.」
The company continued to indicate that the impact of higher procurement and energy costs was increasing, with the impact of yen depreciation added to significant cost increases and product price increases continuing unabated. - FY2023-Q1MaterialisedAnnual report
「As economic activity normalized following the COVID-19 crisis, the high level of yen depreciation also contributed to the significant cost increases in procurement prices, including raw-material prices, and energy prices becoming apparent.」
The significant cost increases caused by soaring raw-material, procurement and energy prices and the high level of yen depreciation materialized as an actual business impact rather than remaining a concern. - FY2022WorsenedAnnual report
「In addition to soaring raw-material and energy prices resulting from the recovery in economic activity from the COVID-19 crisis and the situation in Ukraine, the high level of yen depreciation has intensified concerns about significant cost increases, including procurement prices.」
The company stated that concerns about significant cost increases, including procurement prices, intensified as the situation in Ukraine and the high level of yen depreciation were added to soaring raw-material and energy prices. - FY2022-Q2WorsenedAnnual report
「In addition to soaring raw-material and crude-oil prices resulting from the recovery in economic activity from the COVID-19 crisis and the situation in Ukraine, the yen’s depreciating trend has intensified concerns about higher costs, including procurement prices.」
The company stated that concerns about higher costs, including procurement prices, intensified as the situation in Ukraine and the yen’s depreciating trend were added to soaring raw-material and crude-oil prices. - FY2022-Q1RestatedAnnual report
「In addition to soaring raw-material and crude-oil prices resulting from changes in the supply-demand balance against a backdrop of the recovery in economic activity from the COVID-19 crisis, the yen’s depreciating trend has raised concerns about higher costs, including procurement prices.」
Concerns about higher costs, including procurement prices, due to the yen’s depreciating trend combined with soaring raw-material and crude-oil prices have continued. - FY2021First statedAnnual report
「In addition to soaring raw-material and crude-oil prices resulting from changes in the supply-demand balance against a backdrop of the recovery in economic activity from the COVID-19 crisis, the yen’s depreciating trend, driven in part by U.S. monetary policy, has raised concerns about higher costs, including procurement prices.」
The company identified the risk that the yen’s depreciating trend, combined with soaring raw-material and crude-oil prices, would raise costs, including procurement prices.