Weak Demand for Synthetic Resins for the Wire Industry
First written in FY2020-Q1. 12 of 24 entries say "Worsened", first in FY2020-Q2. Latest entry: 2026-08-07.
Rasa moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「In addition to the recovery in demand for electric wires for semiconductors, higher market prices for the products handled by the Company contributed to sales of ¥2.093 billion in the related businesses, up ¥451 million, or 27.5%, from the same quarter of the previous fiscal year.」
The recovery in demand for electric wires for semiconductors indicated a partial recovery from the weakness in demand for chemical products, including the wire business, through the previous fiscal year. - FY2026MitigatedAnnual report
「In the chemicals-related business, sales increased as market prices for some additives among the raw materials handled by the company continued to rise, while demand related to the automotive sector recovered. As a result, sales in the related segment amounted to ¥6,718 million, an increase of ¥552 million, or 9.0%, from the previous consolidated fiscal year.」
Automotive-related demand recovered, and higher market prices for additives provided an additional lift, resulting in a 9.0% increase in chemicals-related sales. Partial recovery was seen from the weakness in automotive and wire and cable demand through the previous fiscal year. - FY2025WorsenedAnnual report
「In the chemicals-related business, although higher market prices for some additives among the raw materials handled by the company increased sales, demand in the automotive and wire and cable sectors remained weak. As a result, sales in the related segment amounted to ¥6,166 million, a decrease of ¥2 million, or 0.0%, from the previous consolidated fiscal year.」
Weak demand in the automotive and wire and cable sectors continued throughout the full year for chemicals, including synthetic resins for the wire and cable industry. Higher market prices for additives provided some support, but overall sales were flat. - FY2025-H1WorsenedAnnual report
「In the chemicals-related business, demand remained weak across the automotive sector in Southeast Asia and Japan and throughout the wire and cable sector. As a result, sales in the related segment amounted to ¥2,848 million, a decrease of ¥269 million, or 8.6%, from the previous year.」
Demand for chemicals, including synthetic resins for the wire and cable industry, remained weak in the automotive sectors of Southeast Asia and Japan and throughout the wire and cable sector, resulting in an 8.6% decline in sales. - FY2024WorsenedAnnual report
「In the chemicals-related business, although orders recovered in automotive-related sectors, sales in the related segment amounted to ¥6,168 million, a decrease of ¥744 million, or 10.8%, from the previous consolidated fiscal year due to declines in orders in the wire and cable and grease sectors.」
Weak demand for chemicals, including products for the wire and cable industry, continued, and declines in orders resulted in a 10.8% decrease in sales in the related segment. - FY2024-Q3WorsenedAnnual report
「In the chemicals-related business, although orders in the automotive sector were beginning to recover, demand remained weak in the wire and cable and construction materials sectors. As a result, sales in the related segment amounted to ¥4,666 million, a decrease of ¥586 million, or 11.2%, from the same quarter of the previous year.」
Demand for chemicals, including synthetic resins for the wire and cable industry, remained weak in the wire and cable and construction materials sectors, resulting in an 11.2% decline in sales in the related segment. - FY2024-Q2WorsenedAnnual report
「In the chemicals-related business, although orders recovered in the automotive sector, sales in the related segment amounted to ¥3,118 million, a decrease of ¥246 million, or 7.3%, from the same quarter of the previous year due to weakness in the wire and cable and construction materials sectors.」
Demand for chemicals, including synthetic resins for the wire and cable industry, remained weak in the wire and cable, construction materials and other sectors, resulting in a 7.3% decline in sales in the related segment. - FY2024-Q1Areas with improved supply conditions offset declines in some ordersAnnual report
「Although improved semiconductor and other supply conditions led to a temporary increase in orders in the automotive wire-harness sector, the related segment was affected by weakness in construction materials and declines in orders from some customers in the wire and cable and lubricants sectors. Sales amounted to ¥1,663 million, a decrease of ¥13 million, or 0.8%, from the same quarter of the previous year.」
Although improved semiconductor and other supply conditions temporarily increased orders in the automotive wire-harness sector, continued weakness in construction materials and declines in some wire and cable and lubricants orders resulted in a 0.8% decline in chemicals-related sales. - FY2023Construction materials and wire and cable provided support despite continuing external factorsAnnual report
「Although the business was affected by China’s “zero-COVID policy” and the global semiconductor shortage, orders from major customers in the construction materials sector increased, while orders for machine-tool and semiconductor cables in the wire and cable sector remained firm.」
Although the impact of Chinese policy and the semiconductor shortage on some areas of demand continued, orders in the construction materials and wire and cable sectors provided support, resulting in higher overall chemicals-related sales. - FY2023-Q3Other sectors provided support despite the continuing impact of overseas conditions and the semiconductor shortageAnnual report
「In the chemicals-related business, orders declined in the automotive and lubricants sectors due to uncertainty over overseas conditions and the semiconductor shortage, but orders in the wire and cable and construction materials sectors remained firm. As a result, sales in the related segment amounted to ¥5,253 million, an increase of ¥521 million, or 11.0%, from the same quarter of the previous year.」
Although orders in the automotive and lubricants sectors declined due to uncertainty over overseas conditions and the semiconductor shortage, firm orders in the wire and cable and construction materials sectors provided support overall. - FY2023-Q2Other sectors provided support despite the continuing impact of overseas lockdowns and the semiconductor shortageAnnual report
「In the chemicals-related business, orders declined in the automotive and lubricants sectors due to overseas lockdowns associated with COVID-19 and the semiconductor shortage, but orders in the wire and cable and construction materials sectors remained firm. As a result, sales in the related segment amounted to ¥3,364 million, an increase of ¥236 million, or 7.5%, from the same quarter of the previous year.」
Although order declines in the automotive and lubricants sectors due to overseas lockdowns and the semiconductor shortage continued, the wire and cable and construction materials sectors provided support. - FY2023-Q1Declines in orders in some sectors offset by othersAnnual report
「In the chemicals-related business, orders declined in the automotive and lubricants sectors due to COVID-19 and the semiconductor shortage, but orders in the wire and cable and construction materials sectors remained firm. As a result, sales in the related segment amounted to ¥1,676 million, an increase of ¥95 million, or 6.1%, from the same quarter of the previous year.」
Although orders in the automotive and lubricants sectors declined due to COVID-19 and the semiconductor shortage, firm orders in the wire and cable and construction materials sectors provided support, resulting in a 6.1% overall increase in sales. - FY2022MitigatedAnnual report
「In the chemicals-related business, although the business was affected by the spread of the novel coronavirus, orders recovered in the automotive, wire and cable, building materials, and lubricants sectors as economic activity resumed and the business environment showed signs of recovery. As a result, sales in the related segment were ¥6,344 million, an increase of ¥1,283 million (25.4%) from the previous consolidated fiscal year.」
Orders for chemicals, including synthetic resins for the wire and cable industry, recovered across sectors, resulting in a 25.4% year-on-year increase in sales. The impact of weak-demand risk was smaller than in the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「As demand remained firm in the wire and cable, construction materials and lubricants sectors, sales in the related segment amounted to ¥4,731 million, an increase of ¥1,181 million, or 33.3%, from the same quarter of the previous year. Higher sales also lifted segment profit to ¥112 million, an increase of ¥52 million, or 88.6%, from the same quarter of the previous year.」
Demand in the wire and cable, construction materials and lubricants sectors remained firm, resulting in a 33.3% increase in chemicals-related sales and an 88.6% increase in profit. The impact of weak-demand risk was smaller than in the same quarter of the previous year. - FY2022-Q2MitigatedAnnual report
「In the chemicals-related business, although the impact of COVID-19 remained, demand recovered in the automotive sector and remained firm in the wire and cable, construction materials and lubricants sectors. As a result, sales in the related segment amounted to ¥3,128 million, an increase of ¥963 million, or 44.5%, from the same quarter of the previous year.」
Demand for chemicals, including synthetic resins for the wire and cable industry, resulted in a 44.5% year-on-year increase in sales, supported by the recovery in the automotive sector and firm conditions in the wire and cable, construction materials and lubricants sectors. - FY2022-Q1MitigatedAnnual report
「In the chemicals-related business, although the impact of COVID-19 remained, demand recovered in the automotive sector and remained firm in the wire and cable, construction materials and lubricants sectors. As a result, sales in the related segment amounted to ¥1,580 million, an increase of ¥422 million, or 36.5%, from the same quarter of the previous year.」
Demand for chemicals, including synthetic resins for the wire and cable industry, resulted in a 36.5% year-on-year increase in sales, supported by the recovery in the automotive sector and firm conditions in the wire and cable, construction materials and lubricants sectors. - FY2021WorsenedAnnual report
「In the chemicals-related business, demand generally remained weak in the automotive, wire and cable, construction materials and lubricants sectors due to sluggish market conditions and demand in Japan and overseas amid the COVID-19 pandemic. As a result, sales in the related segment amounted to ¥5,060 million, a decrease of ¥877 million, or 14.8%, from the previous consolidated fiscal year.」
Weak demand for chemicals, including synthetic resins for the wire and cable industry, spread across multiple sectors, resulting in a 14.8% decline in full-year sales. - FY2021-Q3WorsenedAnnual report
「In the chemicals-related business, although signs of recovery emerged in the automotive sector amid the impact of the COVID-19 pandemic, demand remained weak in the wire and cable, building materials, and lubricants sectors. As a result, sales in the related segment were ¥3,549 million, a decrease of ¥933 million (20.8%) from the same quarter of the previous year. Segment profit was ¥58 million, down ¥39 million (39.9%) from the same quarter of the previous year due to the decline in sales.」
Weak demand for chemicals, including synthetic resins for the wire and cable industry, extended to the automotive, construction materials and lubricants sectors, with the impact continuing through a 20.8% decline in sales and a 39.9% decline in segment profit. - FY2021-Q2WorsenedAnnual report
「In the chemicals-related business, demand fell sharply in the automotive sector and in the wire and cable, building materials, and lubricants sectors due to the impact of the COVID-19 pandemic. As a result, sales in the related segment were ¥2,165 million, a decrease of ¥798 million (26.9%) from the same quarter of the previous year. Segment profit was ¥24 million, down ¥36 million (60.3%) from the same quarter of the previous year, due to the decline in sales.」
The decline in demand for chemicals, including synthetic resins for the wire and cable industry, spread to the automotive, construction materials and lubricants sectors, increasing the impact through a 26.9% decline in sales and a 60.3% decline in segment profit. - FY2021-Q1WorsenedAnnual report
「In the chemicals-related business, demand fell sharply in the automotive, wire and cable, construction materials and lubricants sectors due to the impact of the COVID-19 pandemic. As a result, sales in the related segment amounted to ¥1,157 million, a decrease of ¥325 million, or 22.0%, from the same quarter of the previous year. Lower sales also reduced segment profit to ¥14 million, a decrease of ¥14 million, or 49.0%, from the same quarter of the previous year.」
The decline in demand for chemicals, including synthetic resins for the wire and cable industry, spread beyond wire and cable to the automotive, construction materials and lubricants sectors, resulting in a 22.0% decline in sales and a 49.0% decline in segment profit. - FY2020WorsenedAnnual report
「Due to the sharp decline in demand for synthetic resins for the wire and cable industry, sales in the related segment amounted to ¥5,938 million, a decrease of ¥669 million, or 10.1%, from the previous consolidated fiscal year.」
The sharp decline in demand for synthetic resins for the wire and cable industry continued throughout the full year, increasing its impact through lower chemicals-related sales and profit. - FY2020-Q3WorsenedAnnual report
「In the chemicals business, severe competition for automotive-related materials continued, while demand for synthetic resins for the electric wire industry remained sharply depressed. Revenue from the related division declined to ¥4,483 million, down ¥607 million, or 11.9%, year on year. Lower revenue resulted in segment profit declining by ¥23 million, or 19.6%, to ¥97 million.」
The sharp decline in demand for synthetic resins for the wire and cable industry continued, increasing the impact through an 11.9% decline in sales and a 19.6% decline in segment profit. - FY2020-Q2WorsenedAnnual report
「In the chemicals business, severe competition for automotive-related products continued, while demand for synthetic resins for the electric wire industry fell sharply. Revenue from the related division declined to ¥2,963 million, down ¥329 million, or 10.0%, year on year. Lower revenue resulted in segment profit declining by ¥12 million, or 16.7%, to ¥60 million.」
The weakening demand for synthetic resins for the wire and cable industry was described as having “fallen sharply,” increasing the impact through a 10.0% decline in sales and a 16.7% decline in segment profit. - FY2020-Q1First statedAnnual report
「In the chemicals business, severe competition for automotive-related products continued, while demand for synthetic resins for the electric wire industry was also weakening. Revenue from the related division declined to ¥1,483 million, down ¥160 million, or 9.7%, year on year. Lower revenue resulted in segment profit declining by ¥5 million, or 15.6%, to ¥29 million.」
Weak demand for synthetic resins for the wire and cable industry was explicitly identified for the first time, affecting actual results through a 9.7% decline in chemicals-related sales and a 15.6% decline in segment profit.