Risk of Lower Profits in the Preform Business Due to Rising Raw Material Costs
First written in FY2017. 7 of 16 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2022: 122 of 167 companies on the "Worse" side.
- FY2024-Q1WorsenedAnnual report
「The deficit widened due to continued increases in material costs, utility expenses and other costs resulting from persistently high energy prices, overhaul costs incurred at some plants, and the fact that the new recycled pellet manufacturing business had not yet reached a stage where it contributed to earnings.」
Higher material costs and utility expenses due to persistently high energy prices continued, while equipment overhaul costs and the recycled pellet business's lack of profitability also contributed to a wider deficit in the preform business. - FY2023WorsenedAnnual report
「The company recorded a loss due to higher material costs, utility expenses and other costs resulting from persistently high global resource prices, as well as costs incurred to launch the recycled pellet manufacturing business, a new business.」
Higher material costs and utility expenses due to persistently high resource prices continued, and launch costs for the recycled pellet manufacturing business also became a factor behind losses in the preform business. - FY2023-Q3WorsenedAnnual report
「The company recorded a loss due to a substantial increase in material costs, logistics costs and utility expenses resulting from persistently high global resource prices, as well as costs incurred to launch the recycled pellet manufacturing business.」
Higher material costs, logistics costs and utility expenses due to persistently high resource prices have continued, and launch costs for the recycled pellet manufacturing business have also become a factor behind losses in the preform business. - FY2023-Q2MaterialisedAnnual report
「Higher material costs, logistics costs and utility expenses due to soaring global energy prices」
Higher material costs, logistics costs and utility expenses driven by soaring energy prices actually occurred during the quarter as factors behind losses in the preform business. - FY2023-Q1MaterialisedAnnual report
「Higher material costs and utility expenses due to soaring global energy prices」
Soaring global energy prices actually resulted in higher material costs and utility expenses, contributing to a wider loss in the preform business. - FY2022MaterialisedAnnual report
「In the preform business, revenue increased due to higher sales volumes of preforms for beverages and other factors, but profit declined due to higher raw material prices and other factors.」
Higher raw material prices actually emerged during the current fiscal year as a factor behind lower profit in the preform business despite higher revenue. - FY2022-Q3MaterialisedAnnual report
「In the preform business, revenue increased from the same quarter of the previous year due to higher sales volumes of preforms for beverages and other factors, but profit declined due to higher raw material prices and other factors.」
Higher raw material prices actually emerged in the third quarter as a factor behind lower profit in the preform business despite higher revenue. - FY2022-Q2MaterialisedAnnual report
「In the preform business, revenue increased from the same quarter of the previous year due to higher sales volumes of preforms for beverages and other factors, but profit declined due to higher raw material prices and other factors.」
Higher raw material prices actually emerged this quarter as a factor behind lower profit in the preform business despite higher revenue. - FY2022-Q1MaterialisedAnnual report
「Although raw material costs increased due to the use of recycled materials and soaring crude oil prices」
Higher raw material costs actually occurred in the preform business during the first quarter due to the use of recycled materials and soaring crude oil prices. - FY2019RestatedAnnual report
「In the Preform Business, we expect the challenging operating environment, including slowing growth in the Chinese market, our primary market, to continue.」
The company continues to describe the challenging environment for the preform business, including slower growth in the Chinese market and risks related to fluctuations in raw material prices. - FY2019-Q3RestatedAnnual report
「Overseas, although uncertainty continued across the global economy, including due to trade tensions between the United States and China and the slowdown in the Chinese economy」
There has been no material change in the premise that the company is working to improve profitability in the preform business amid rising risks related to fluctuations in raw material prices. - FY2019-Q2WorsenedAnnual report
「Amid slower economic growth in China, its primary market, and rising risks related to fluctuations in raw material prices and other factors」
The company states that, in addition to previously elevated raw material prices, the risk of price fluctuations has increased, indicating heightened cost risks surrounding the preform business. - FY2019-Q1MaterialisedAnnual report
「Although revenue increased from the same quarter of the previous year, profit declined due to persistently high material prices, higher logistics costs and other factors.」
Persistently high material prices, together with higher logistics costs, are actually contributing to lower profit in the preform business. - FY2018-Q2RestatedAnnual report
「Amid a challenging operating environment including slowing economic growth in China, its primary market, and rising material costs」
The company continues to describe higher material costs as a challenging operating environment that could reduce profit in the preform business. - FY2018-Q1RestatedAnnual report
「Amid a challenging operating environment including slowing economic growth in China, its primary market, and rising material costs」
The company continues to describe higher material costs as a challenging operating environment for the preform business. - FY2017First statedAnnual report
「In the preform business, sales volumes increased due to new customer acquisition and other factors, but profit declined because of higher raw material costs and other factors.」
Higher raw material costs actually occurred as a factor behind lower profit in the preform business during the current fiscal year, and raw material prices are expected to continue rising.