Slower Chemical-Market Conditions and Electronic-Materials Demand
First written in FY2024-Q1. 5 of 8 entries say "Mitigated", first in FY2025-H1. Latest entry: FY2026.
3 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Contract manufacturing of functional materials, pharmaceutical intermediates and agrochemical intermediates benefited from continued expansion in the electronic materials market, including semiconductors, as well as a gradual recovery in agrochemical market conditions, where inventory adjustments had continued. Orders therefore remained steady.」
Although China’s weak economy and inventory adjustments related to agrochemicals remained, the order environment for the chemical industrial products business is improving as the electronic materials market expands and the agrochemical market recovers. - 2026-05-15MitigatedRevisions to earnings forecasts
「Contract manufacturing of functional materials, pharmaceutical intermediates and agrochemical intermediates benefited from continued expansion in the electronic materials market, including semiconductors, as well as a gradual recovery in agrochemical market conditions, where inventory adjustments had continued. Orders therefore remained steady.」
The order environment for chemical products is improving as the electronic materials market expands and agrochemical market conditions recover. - FY2026-H1MitigatedAnnual report
「Contract manufacturing of functional materials, pharmaceutical intermediates and agrochemical intermediates benefited from continued expansion in the electronic materials market, including semiconductors, as well as a gradual recovery in agrochemical market conditions, where inventory adjustments had continued. Orders therefore remained steady.」
Although China’s weak economy and inventory adjustments in the agrochemical market remained, the order environment for the chemical industrial products business improved as the electronic materials market expanded and the agrochemical market began to recover. - FY2025MitigatedAnnual report
「Although global inventory adjustments related to agrochemicals continued, demand for contract manufacturing of functional materials, pharmaceutical intermediates and agrochemical intermediates recovered as the electronic materials market, including semiconductors, expanded gradually and inventory adjustments came to an end. Orders remained firm.」
Although China’s weak economy and inventory adjustments related to agrochemicals remained, demand and orders recovered as the electronic materials market expanded and inventory adjustments came to an end. - FY2025-H1MitigatedAnnual report
「Contract manufacturing of functional materials, pharmaceutical intermediates and agrochemical intermediates continued to be affected by China’s weak economy since last year, but demand began to recover as the electronic materials market, including semiconductors, expanded gradually and inventory adjustments came to an end. Initiatives involving new products also proved successful, improving plant utilization.」
Although the effects of China’s weak economy remained, demand for chemical industrial products and plant utilization showed signs of recovery and improvement as the electronic materials market expanded and inventory adjustments came to an end. - FY2024-Q3RestatedAnnual report
「Contract manufacturing of functional materials, pharmaceutical intermediates and agrochemical intermediates faced a challenging business environment as demand remained weak across the chemical industry, particularly because of deteriorating market conditions for electronic materials, centered on semiconductors.」
Challenging business conditions resulting from weak demand across the chemical industry and deteriorating electronic materials market conditions continue. - FY2024-Q2WorsenedAnnual report
「The chemical industrial products business faced increasingly challenging conditions as it contended with weak economic conditions in China and deteriorating market conditions, particularly for electronic materials.」
In addition to China’s weak economy, deterioration in electronic materials market conditions was explicitly identified, and the business environment for the chemical industrial products business was described as becoming increasingly challenging. - FY2024-Q1First statedAnnual report
「In the chemical industrial products business, chemical market conditions deteriorated and demand weakened against a backdrop of slowing economic growth in China.」
The Company newly identified weak chemical market conditions and softening demand resulting from China’s economic slowdown as business-environment risks for the chemical industrial products business.