Domestic Timber Shortages and Price Inflation
First written in FY2021-Q2. 4 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 7 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Sales of timber products and plywood, which had experienced shortages and higher prices due to the wood shock and other factors, decreased 9.8% and 14.7%, respectively, year on year, as supply stabilised.」
For timber products and plywood, the company reports lower sales as supply stabilised, indicating that conditions had eased from the previous shortages and higher prices. - FY2024MitigatedAnnual report
「Sales of timber products and plywood, a commodity product, which had experienced shortages and higher prices due to the wood shock and other factors, decreased 15.1% and 8.7%, respectively, year on year, partly because prices were lowered as supply volumes stabilised.」
The company states that supply of timber products and plywood stabilised and prices declined, resulting in lower sales than in the previous fiscal year, when shortages and higher prices prevailed. - FY2023MitigatedAnnual report
「Sales of timber products and plywood, a commodity product, which had experienced shortages and higher prices due to the wood shock and other factors, decreased 18.5% and 18.6%, respectively, year on year, partly because prices were lowered as supply volumes stabilised.」
The company states that sales of timber products and plywood declined as supply stabilised and prices were reduced, compared with the shortages and higher prices through the previous fiscal year. - FY2022RestatedAnnual report
「As a result of timber shortages and higher prices caused by the so-called “wood shock”」
The company states that continuing timber shortages and higher prices originating from rising overseas demand led to higher unit prices for timber products and an increased sales mix. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter period, there were no occurrences of the major risks that management recognizes could have a material impact on the financial position, operating results or cash flows of the company, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year, among the matters concerning the business and financial condition described in this quarterly report.」
The company continues to treat existing risks, including domestic timber shortages and higher prices, as involving no significant change. - FY2021RestatedAnnual report
「In addition to domestic timber shortages and higher prices originating from rising overseas timber demand, known as the “wood shock”」
Domestic timber shortages and higher prices originating from rising overseas demand are continuing. - FY2021-Q3RestatedAnnual report
「Following domestic timber shortages and higher prices originating from rising overseas timber demand, known as the “wood shock”」
The company states that domestic timber shortages and higher prices originating from rising overseas demand are continuing. - FY2021-Q2First statedAnnual report
「Meanwhile, the effects of domestic timber shortages and higher prices began to emerge in early spring, due to rising timber demand in Europe, North America and China, and conditions remained concerning amid growing uncertainty about the outlook.」
The company identifies the emergence from early spring of domestic timber shortages and higher prices, driven by rising demand in Europe, North America and China, as a new business-environment risk.