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Gecoss (9991) · RiskRestatedLatest Earnings (2026-07-29): "Materialised"

Fluctuations in the Purchase and Selling Prices of H-Beams and Other Steel Materials

First written in FY2016. 5 of 14 entries say "Restated". Latest entry: 2026-07-29.

14entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016RestatedFY2020MaterialisedFY2022-Q2 – FY2023-Q3RestatedFY2025-H12016: 120162017: 020172018: 020182019: 120192020: 120202021: 120212022: 220222023: 320232024: 320242025: 020252026: 22026
Same theme, other companies
Difficulty Passing Through Higher Steel Raw Material Prices and Deteriorating ProfitabilityA theme 35 companies write about · 35 as a headwind · 0 as a tailwind

Gecoss moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).

The whole theme swung hardest in 2021: 13 of 28 companies on the "Worse" side.

6 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 35 companies compared. The sentences above are computed from all 35.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1RestatedAnnual report

    「Amid this business environment, our group is operating with improving profitability, including passing the rising cost of goods through to prices, as its highest-priority issue, but the results have not yet been sufficient.」

    Although the company is passing on rising costs through price increases, it explains that the results have not yet been sufficient and is reaffirming the profitability risk associated with price increases and cost pass-through.
  2. FY2024WorsenedAnnual report

    「The selling prices of H-beams, steel sheet piles, steel retaining walls, road decking and steel plates, which are products handled by our group, are affected by market prices and fluctuations in the prices of steel, their raw material. We are taking measures including cost reductions and passing higher costs through to selling prices, but if selling prices remain sluggish, steel prices rise sharply, or these measures do not progress as expected, our operating results and financial position may be affected.」

    The products subject to price fluctuation risk were specified, and failure to pass higher costs through to selling prices as expected was explicitly identified as another factor affecting results. The performance discussion also states that price pass-through remains a work in progress.
  3. FY2024-Q3RestatedAnnual report

    「In the construction industry in which our group operates, demand remained solid, particularly for public investment, but profitability remained under pressure as material, logistics and other costs continued to stay high.」

    We have reconfirmed that the situation in which rising costs, including material prices, put pressure on profitability continues.
  4. FY2024-Q2RestatedAnnual report

    「In the construction industry in which our group operates, public investment remained robust and there were signs of a recovery in capital investment, but profitability remained under pressure, mainly due to persistently high material and logistics costs.」

    We have reconfirmed that the situation in which rising costs, including material prices, put pressure on profitability continues.
  5. FY2024-Q1RestatedAnnual report

    「In the construction industry in which our group operates, public investment remained solid and there were signs of a recovery in capital investment, but profitability remained under pressure, mainly due to higher material and logistics costs.」

    We have reconfirmed that the situation in which rising costs, including material prices, put pressure on profitability continues.
  6. FY2023-Q3MaterialisedAnnual report

    「In the construction industry in which our group operates, demand remained solid, particularly for public investment and large-scale urban redevelopment projects, but profitability remained under pressure due to rising material prices and other factors.」

    The price fluctuation and cost increase risks associated with rising material prices continue to manifest themselves in the actual business environment as pressure on profitability.
  7. FY2023-Q2MaterialisedAnnual report

    「In the construction industry in which our group operates, public investment remained solid and there were signs of a recovery in demand in the private-sector construction market, but profitability remained under pressure, partly due to rising costs across the board.」

    It states that the impact of rising costs across the board continues to manifest itself in the actual business environment as pressure on profitability.
  8. FY2022MaterialisedAnnual report

    「In the construction industry in which our group operates, public investment remained solid, but order competition intensified because the recovery in demand in the private-sector building segment was slow. The impact of broad-based price increases also intensified, resulting in difficult conditions.」

    The actual surge in steel, crude oil and other prices reduced profitability, and the price fluctuation and cost increase risks materialized in results, including a 21.3% year-on-year decline in ordinary income in the heavy temporary works business.
  9. FY2022-Q2WorsenedAnnual report

    「During the cumulative second quarter of the current fiscal year (April 2021 to September 2021), the Japanese economy continued to show signs of a gradual recovery due to the recovery of overseas economies and progress in domestic vaccinations, although concerns remained over the impact of soaring resource prices and uncertainty in financial markets.」

    In connection with the previously identified risk of fluctuations in market prices for commodities such as H-beams, soaring resource prices were identified as a new, specific concern relating to costs and the economic environment. Although resource prices had actually risen, no specific impact amount on the company's results was disclosed.
  10. FY2020RestatedAnnual report

    「Some of the products handled by our group, including H-beams, are commodities, and fluctuations in purchase and selling prices and other factors may affect our operating results and financial position.」

    The risk of fluctuations in the purchase and selling prices of commodities such as H-beams is reiterated.
  11. FY2019WorsenedAnnual report

    「Meanwhile, the impact of labor shortages, increasingly tight logistics and higher steel prices has intensified, raising concerns about further cost increases.」

    Regarding price fluctuation risk for commodities such as H-beams, rising steel prices were explicitly identified as a factor driving higher costs, and concern was expressed that the impact could intensify.
  12. FY2016First statedAnnual report

    「Some of the products handled by our group, including H-beams, are commodities, and fluctuations in purchase and selling prices and other factors may affect our operating results and financial position.」

    It describes price fluctuation risk associated with the business structure of handling temporary steel materials.
Moved together

"Recovery in Domestic and Overseas Demand and a Gradual Recovery Trend" moved the same way as this thread, in the same document, in 5 of its 14 moves.

543332★123456
  1. ★This thread
  2. 1Recovery in Domestic and Overseas Demand and a Gradual Recovery Trend5×
  3. 2Delays in Project Starts and Construction Progress Due to Labor Shortages in the Construction Industry4×
  4. 3Surging Resource and Other Prices Due to Russia’s Invasion of Ukraine and Other Factors3×
  5. 4Cost increases associated with logistics constraints3×
  6. 5Impact of Dramatic Changes in the Economic Environment on Business Activities3×
  7. 6Dependence on the Construction Industry and Public Investment2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Gecoss's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Earnings of 2026-07-29: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Fluctuations in the Purchase and Selling Prices of H-Beams and Other Steel Materials | GECOSS CORPORATION (9991) | Komori