Recovery and Expansion of the Chemical Products Business
First written in FY2017-Q1. 18 of 34 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-07.
Kurabo Industries moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2019: 3 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「High-performance resin products recorded higher sales as orders for semiconductor manufacturing equipment and other applications remained strong, driven by the further acceleration of data-center investment resulting from the spread of generative AI and the resulting rapid expansion of the memory market.」
The Chemicals business, which had previously recorded lower sales and earnings due to weak semiconductor market conditions, recorded higher sales and a substantial increase in earnings in the quarter as orders for semiconductor manufacturing equipment and other applications remained strong. - FY2026WorsenedAnnual report
「Orders for high-performance resin products began to recover in the fourth quarter, but orders for semiconductor manufacturing equipment declined, resulting in lower revenue, due to the impact of weak semiconductor market conditions excluding AI applications that continued through the third quarter. Functional films also posted lower revenue. Although orders for solar-cell applications remained firm, orders for North American automotive applications declined.」
Although there was some recovery in the fourth quarter, the Chemicals Business posted lower revenue and operating profit, with revenue of ¥62.6 billion and operating profit of ¥4.15 billion, due to weak semiconductor market conditions and declining orders for North American automotive applications. - 2026-05-14WorsenedEarnings
「As a result, net sales were ¥62.6 billion, down 5.1% year on year, and operating income was ¥4.15 billion, down 17.4%.」
The Chemicals business posted lower sales and operating income due to declining orders for semiconductor manufacturing equipment and North American automobiles and the impact of the transfer of all equity interests in a Chinese subsidiary. - FY2026-H1WorsenedAnnual report
「High-performance resin products posted lower revenue as orders for semiconductor manufacturing equipment declined due to weak semiconductor market conditions excluding AI applications. Functional films also posted lower revenue. Although orders for solar-cell applications remained firm, orders for North American automotive applications declined. Industrial Materials posted higher revenue as orders for soft urethane for automotive interior materials, nonwoven fabrics for automotive filters and thermal insulation materials performed steadily. As a result, partly because a Chinese subsidiary that manufactured and sold soft urethane for automotive interior materials in the previous fiscal year was fully divested, revenue was ¥29.8 billion, down 8.4% year on year, and operating profit was ¥1.56 billion, down 32.4%.」
The Chemicals Business posted lower revenue and operating profit due to weak semiconductor market conditions, declining orders for North American automotive applications and the impact of the full divestment of the Chinese subsidiary. - FY2025-H1AdvancedAnnual report
「As a result, revenue was ¥32.5 billion, up 11.4% year on year, and operating profit was ¥2.31 billion, up 41.8%.」
Revenue and operating profit in the Chemicals Business both exceeded the levels of the same period of the previous year, driven by higher revenue from soft urethane, functional resin products and housing materials. - FY2024AdvancedAnnual report
「As a result, revenue was ¥61.3 billion, up 2.7% year on year, and operating profit was ¥3.96 billion, up 6.7%.」
The Chemicals Business posted higher revenue and operating profit, supported by orders for soft urethane, the pass-through of higher prices, and a recovery in orders for functional films. - FY2024-Q3AdvancedAnnual report
「As a result, revenue was ¥45.6 billion, up 1.7% year on year, and operating profit was ¥2.87 billion, up 5.3%.」
The Chemicals Business posted higher revenue and operating profit, with both exceeding the levels of the same period of the previous year. - FY2024-Q2AdvancedAnnual report
「As a result, revenue was ¥29.2 billion, up 2.6% year on year, and operating profit was ¥1.63 billion, up 11.0%.」
The Chemicals Business posted higher revenue and operating profit. Orders for soft urethane at the domestic and Brazilian subsidiaries and a recovery in orders for functional films were reported. - FY2024-Q1AdvancedAnnual report
「As a result, revenue was ¥14.1 billion, up 2.4% year on year, and operating profit was ¥700 million, up 4.8%.」
Although some fields were affected by slowing semiconductor demand, the Chemicals Business posted higher revenue and operating profit due to a recovery in orders for functional films, housing materials and other products. - FY2023-Q3AdvancedAnnual report
「As a result, revenue was ¥44.9 billion, up 17.8% year on year, and operating profit was ¥2.73 billion, up 26.4%.」
The Chemicals Business posted higher revenue and operating profit due to the recovery and expansion of high-performance processed resin products for semiconductor manufacturing equipment, functional films for automobiles, housing materials and nonwoven fabrics. - FY2023-Q2AdvancedAnnual report
「As a result, revenue was ¥28.5 billion, up 18.2% year on year, and operating profit was ¥1.46 billion, up 14.7%.」
The Chemicals Business posted higher revenue and operating profit, supported by high-performance processed resin products for semiconductor manufacturing equipment and housing materials. - FY2023-Q1AdvancedAnnual report
「As a result, revenue was ¥13.7 billion, up 16.9% year on year, and operating profit was ¥660 million, up 5.5%.」
The Chemicals Business posted higher revenue and operating profit. Strong sales of high-performance processed resin products for semiconductor manufacturing equipment and a recovery in sales of housing materials were reported. - FY2022AdvancedAnnual report
「As a result, revenue was ¥51.6 billion, compared with ¥48.5 billion in the same period of the previous year, and operating profit was ¥2.97 billion, compared with ¥1.4 billion.」
The Chemicals Business posted higher revenue and operating profit, supported by high-performance processed resin products for semiconductor manufacturing equipment, functional films for automobiles, heat-insulation projects and automotive filters. - FY2022-Q3AdvancedAnnual report
「As a result, revenue was ¥38.1 billion, compared with ¥35.0 billion in the same period of the previous year, and operating profit was ¥2.16 billion, compared with ¥800 million.」
The Chemicals Business posted higher revenue and operating profit, supported by processed resin products for semiconductor manufacturing equipment, automotive filters and new heat-insulation projects. - FY2022-Q2AdvancedAnnual report
「As a result, revenue was ¥24.1 billion, compared with ¥22.4 billion in the same period of the previous year, and operating profit was ¥1.28 billion, compared with ¥140 million.」
The Chemicals Business posted higher revenue and operating profit, supported by strong performance from processed resin products for semiconductor manufacturing equipment and automotive filters. - FY2022-Q1AdvancedAnnual report
「As a result, revenue was ¥11.8 billion, compared with ¥10.4 billion in the same period of the previous year, and operating profit was ¥630 million, compared with an operating loss of ¥20 million.」
The Chemicals Business posted higher revenue and moved from an operating loss to operating profit. Strong performance by processed resin products for semiconductor manufacturing equipment and products for various filters was also reported. - FY2021-Q3Higher profit from lower revenue and cost reductionsAnnual report
「As a result, revenue was ¥35.0 billion, down 16.5% year on year, but operating profit was ¥800 million, up 28.1%, due to cost reductions.」
The Chemicals Business posted lower revenue, while operating profit rose 28.1% year on year due to cost reductions. - FY2021-Q2WorsenedAnnual report
「As a result, revenue was ¥22.4 billion, down 19.4% year on year, and operating profit was ¥140 million, down 58.0%.」
The Chemicals Business posted lower revenue in the automotive, functional resin and housing materials fields, and operating profit also fell 58.0% year on year. Although orders recovered at the Chinese subsidiary and orders were received for medical gowns, the business as a whole posted lower revenue and operating profit. - FY2021-Q1WorsenedAnnual report
「The Automotive field was affected by factors including automakers' production stoppages caused by the spread of COVID-19. Orders declined both in Japan and overseas, resulting in lower revenue. In the Functional Resins field, processed resin products for semiconductor manufacturing performed steadily, but films for clear folders and other products were sluggish because various events were cancelled or scaled back amid the spread of COVID-19, resulting in lower revenue. The Housing Materials field was affected by the October 2019 consumption tax increase and sluggish housing starts caused by the spread of COVID-19, resulting in lower revenue. As a result, revenue was ¥10.4 billion, down 22.2% year on year, and the operating loss was ¥20 million, compared with operating profit of ¥0 million in the same period of the previous year.」
The Chemicals Business posted lower revenue in the automotive, functional resin and housing materials fields and moved from operating profit in the same period of the previous year to an operating loss. Processed resin products for semiconductor manufacturing were reported to be performing steadily. - FY2020WorsenedAnnual report
「As a result, revenue was ¥55.7 billion, down 8.8% year on year, and operating profit was ¥970 million, down 50.2%.」
The Chemicals Business posted lower revenue for the full year, and operating profit also fell 50.2% year on year. Sluggish conditions in the automotive, semiconductor-related and housing materials fields were reported. - FY2020-Q3RestatedAnnual report
「As a result, revenue was ¥41.9 billion, down 9.5% year on year, and operating profit was ¥620 million, down 57.2%.」
The Chemicals Business continues to post lower revenue and operating profit because of sluggish conditions in the automotive, functional resin and housing materials fields. - FY2020-Q2WorsenedAnnual report
「As a result, revenue was ¥27.8 billion, down 8.2% year on year, and operating profit was ¥340 million, down 62.1%.」
The automotive, functional resin and housing materials fields all posted lower revenue in the Chemicals Business, and operating profit also fell 62.1% year on year. - FY2020-Q1WorsenedAnnual report
「As a result, revenue was ¥13.4 billion, down 12.1% year on year, and operating profit was ¥0 million, down 99.9%.」
The Chemicals Business's operating profit fell from the same period of the previous year to ¥0 million. Sluggish conditions were reported in the automotive, functional resin and housing materials fields. - FY2019-Q3WorsenedAnnual report
「As a result, revenue was ¥46.3 billion, up 1.5% year on year, while operating profit was ¥1.46 billion, down 5.3%.」
The Chemicals Business benefited from higher revenue in the automotive and functional resin fields, but the housing materials field remained sluggish, resulting in higher revenue but lower operating profit overall. - FY2019-Q2AdvancedAnnual report
「As a result, revenue was ¥30.3 billion, up 3.6% year on year, and operating profit was ¥910 million, up 2.4%.」
The Chemicals Business posted higher revenue and operating profit. Orders for new vehicle models and steady sales of processed resin products for semiconductor manufacturing were also reported. - FY2019-Q1WorsenedAnnual report
「As a result, revenue was ¥15.3 billion, up 7.3% year on year, while operating profit was ¥440 million, down 4.0%, due to higher costs including surging raw material prices.」
The Chemicals Business maintained higher revenue, but operating profit declined due to higher costs including surging raw material prices. - FY2018AdvancedAnnual report
「As a result, revenue was ¥62.1 billion, up 6.4% year on year, and operating profit was ¥2.36 billion, up 10.0%.」
The Chemicals Business shifted from the lower profit reported in the second and third quarters due to surging raw material prices to higher revenue and higher profit for the full year. - FY2018-Q3WorsenedAnnual report
「As a result, revenue was ¥45.6 billion, up 5.7% year on year, but operating profit was ¥1.54 billion, down 6.0%, due to higher costs including surging raw material prices.」
The Chemicals Business maintained higher revenue, but operating profit continued to decline due to higher costs including surging raw material prices. - FY2018-Q2WorsenedAnnual report
「As a result, revenue was ¥29.3 billion, up 5.0% year on year, but operating profit was ¥890 million, down 0.9%, due to higher costs including surging raw material prices.」
The Chemicals Business maintained higher revenue, but operating profit declined due to higher costs including surging raw material prices. - FY2018-Q1AdvancedAnnual report
「As a result, revenue was ¥14.2 billion, up 5.1% year on year, and operating profit was ¥460 million, up 27.0%.」
The Chemicals Business continued to deliver higher revenue and higher profit, with operating profit up 27.0%. - FY2017AdvancedAnnual report
「As a result, revenue was ¥58.4 billion, up 2.3% year on year, and operating profit was ¥2.14 billion, up 207.8%.」
The Chemicals Business maintained higher revenue, and the increase in operating profit widened over the full year. - FY2017-Q3AdvancedAnnual report
「As a result, revenue was ¥43.1 billion, up 3.3% year on year, and operating profit was ¥1.64 billion, up 397.7%.」
The Chemicals Business maintained higher revenue, and the increase in operating profit widened. - FY2017-Q2AdvancedAnnual report
「As a result, revenue was ¥27.9 billion, up 2.3% year on year, and operating profit was ¥900 million, compared with an operating loss of ¥80 million in the year-earlier period.」
The Chemicals Business maintained higher revenue and turned an operating loss in the year-earlier period into operating profit. - FY2017-Q1First statedAnnual report
「The overseas subsidiaries showed signs of recovery, helped by factors including the acquisition of new customers. Nonwoven fabrics for filters also performed steadily. In the functional films field, products for stationery applications performed well, while the semiconductor-related field remained firm. In the housing materials field, fiber-reinforced waterproofing materials and exterior products performed steadily. As a result, revenue was ¥13.5 billion, up 4.7% year on year, and operating profit was ¥360 million, compared with an operating loss of ¥80 million in the year-earlier period.」
New customer acquisitions, filters, nonwoven fabrics, functional films, semiconductors and housing materials contributed, resulting in higher revenue and a return to operating profitability.