Structural Changes in Paper and Pulp Demand Driven by the Shift from Paper to Electronic Media
First written in FY2016. 29 of 37 entries say "Restated". Latest entry: 2026-07-31.
Nippon Felt moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 6 of 13 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- 2026-07-31RestatedEarnings
「Revenue from paper and pulp felts in Japan was ¥1,316 million, down 6.8% year on year, as the company maintained a high domestic market share but was affected by declining demand.」
States both that the company maintained a high domestic market share and that domestic felt revenue declined owing to lower demand. - FY2026RestatedAnnual report
「The paper and pulp industry, which comprises the Group's major customers, continues to see domestic demand decline because of structural factors such as the advance of paperless operations, and the challenging business environment is expected to continue.」
The decline in domestic paper demand resulting from paperless operations and the continuation of the challenging business environment are reiterated. - 2026-05-15RestatedEarnings
「Revenue from paper and pulp felts decreased by ¥211 million. Although the company maintained a high domestic market share, revenue declined as sales volume fell owing to market contraction.」
States both that the company maintained a high domestic market share and that sales volume declined as the market contracted. - FY2026-H1RestatedAnnual report
「For paper and pulp felts, we maintained a high domestic market share, but revenue declined 3.8% year on year to ¥2,876 million because of the impact of lower demand.」
It states that, although domestic demand for paper and pulp continued to decline, the company maintained its high domestic market share. - FY2025RestatedAnnual report
「The paper and pulp industry, which comprises the Group's major customers, continues to see domestic demand trend downward.」
It states that, while domestic demand for paper and pulp continued to trend downward, domestic felt revenue was maintained at approximately the previous fiscal year's level through the retention of a high market share, while sales volumes declined overseas, including in China and Indonesia. - FY2025-H1RestatedAnnual report
「For paper and pulp felts, amid the continued decline in domestic demand, revenue increased 2.1% year on year to ¥2,989 million, supported by the maintenance of a high market share and the expansion of sales of products for which demand is strong.」
It states that, although domestic demand for paper and pulp continued to decline, domestic felt revenue increased 2.1% year on year through the maintenance of a high market share and expanded product sales. - FY2024WorsenedAnnual report
「Domestic demand in the paper and pulp industry, a major customer base, continues to trend downward.」
In addition to the continued decline in newsprint and printing paper, demand for containerboard and household paper, which had been relatively firm, also began to trend downward, resulting in lower sales volumes in the domestic felt business. - FY2024-Q3WorsenedAnnual report
「For paper and pulp felts, we maintained a high domestic market share, but sales volume declined as demand for containerboard and household paper, which had been relatively firm, continued to trend downward.」
It states that demand for containerboard and household paper, which had previously been relatively firm, continued to trend downward, resulting in lower sales volumes of paper and pulp felts. The risk has materialised as an actual decline in demand and sales volume. - FY2024-Q2WorsenedAnnual report
「For paper and pulp felts, we maintained a high domestic market share, but sales volume declined as demand for containerboard and household paper, which had previously been relatively firm, began to trend downward.」
It states that the decline in demand also extended to containerboard and household paper, which had previously been relatively firm, resulting in lower sales volumes. - FY2024-Q1WorsenedAnnual report
「For paper and pulp felts, we maintained a high domestic market share, but sales volume declined as demand for containerboard and household paper, which had previously been relatively firm, began to trend downward.」
It states that demand for containerboard and household paper, which had previously been relatively firm, also began to decline, resulting in lower sales volumes of paper and pulp felts. - FY2023RestatedAnnual report
「For the paper and pulp industry, one of the Group's major customers, demand is expected to continue trending downward overall, although demand is expected to increase in some areas as the flow of people recovers.」
It indicates expectations for increased demand in some areas as the flow of people recovers, while stating that the overall downward trend in demand in the paper and pulp industry will continue. - FY2023-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
It states that there have been no material changes in business and other risks, including the existing risk related to changes in the demand structure resulting from the shift from paper to electronic media. - FY2023-Q1RestatedAnnual report
「The paper and pulp industry, which comprises the Group's major customers, is experiencing sluggish demand because of structural changes, including the shift toward electronic media and population decline.」
It continues to describe structurally sluggish demand in the paper and pulp industry resulting from the shift toward electronic media and population decline. - FY2022RestatedAnnual report
「The paper and pulp industry, which comprises the Group's major customers, is expected to continue to face a challenging business environment because of structural changes, including the shift toward electronic media and population decline, although signs of recovery were seen from the previous fiscal year.」
It states that demand for paper and pulp partially recovered from the previous fiscal year, but structural changes in demand resulting from the shift toward electronic media and population decline, as well as the challenging environment, are expected to continue. - FY2022-Q3RestatedAnnual report
「The paper and pulp industry, which comprises the Group's major customers, is experiencing sluggish demand because, in addition to structural changes such as the shift toward electronic media and population decline, the spread of infections has restricted economic activity. However, signs of a recovery in supply and demand have emerged in some areas from the sharp decline in the previous year.」
It continues to describe sluggish paper demand resulting from the shift toward electronic media, population decline and the spread of infections, while stating that supply and demand are recovering in some areas from the sharp decline in the previous year. - FY2022-Q2RestatedAnnual report
「The paper and pulp industry, which comprises the Group's major customers, is experiencing sluggish demand because, in addition to structural changes such as the shift toward electronic media and population decline, the spread of infections has restricted economic activity. However, signs of a recovery in supply and demand have emerged in some areas.」
It continues to describe sluggish paper demand resulting from the shift toward electronic media, population decline and the spread of infections, while also indicating signs of a recovery in supply and demand in some areas. - FY2022-Q1RestatedAnnual report
「The paper and pulp industry, which comprises the Group's major customers, continues to experience sluggish demand because, in addition to structural changes such as the shift toward electronic media and population decline, the spread of infections has restricted economic activity. However, signs of a recovery in supply and demand have emerged in some areas.」
It continues to describe sluggish demand resulting from the shift toward electronic media, population decline and the spread of infections, while also indicating signs of a recovery in supply and demand in some areas. - FY2021-Q3RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment, as demand declines because, in addition to structural changes such as the shift toward electronic media and population decline, the spread of infections has restricted economic activity.」
It states that, in addition to structural changes in demand resulting from the shift toward electronic media and population decline, restrictions on economic activity caused by the spread of infections have led to a continuing decline in demand in the paper and pulp industry. - FY2021-Q2WorsenedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, is experiencing a pronounced decline in demand because, in addition to structural changes such as the shift toward electronic media and population decline, the spread of infections has disrupted economic activity.」
It states that, in addition to structural changes resulting from the shift toward electronic media and population decline, the disruption of economic activity caused by the spread of infections has led to a pronounced decline in demand in the paper and pulp industry. - FY2021-Q1RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment. In addition to structural changes in demand, including the shift toward electronic media and population decline, the spread of infections has disrupted economic activity, accelerating the decline in demand for printing paper, information paper and other products.」
It states that, in addition to structural changes in demand resulting from the shift toward electronic media and population decline, the disruption of economic activity caused by the spread of infections and the decline in demand for printing paper, information paper and other products continue. - FY2020WorsenedAnnual report
「The paper and pulp industry is expected to continue to face a challenging business environment, as demand declines because of the economic slowdown caused by the novel coronavirus and the advance of paperless operations, with shutdowns of fine-paper production facilities scheduled as a result.」
In addition to the ongoing decline in demand resulting from the shift toward electronic media and population decline, the economic slowdown caused by the novel coronavirus and scheduled shutdowns of fine-paper production facilities indicate that demand conditions are becoming more challenging. - FY2020-Q3RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment because of structural changes in demand, including the shift toward electronic media and population decline.」
It states that structural changes in paper demand resulting from the shift toward electronic media and population decline, and the challenging environment in the paper and pulp industry, continue. - FY2020-Q2RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment because of structural changes in demand, including the shift toward electronic media and population decline.」
The structural changes in demand in the paper and pulp industry resulting from the shift toward electronic media and population decline, as well as the challenging business environment, are reiterated. - FY2020-Q1RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment, with domestic demand declining.」
The decline in domestic demand and the continuation of the challenging business environment in the paper and pulp industry are reiterated. - FY2019WorsenedAnnual report
「As the shift toward electronic media advances, demand is declining faster than initially expected, including as a result of customers retiring paper machines.」
It states that paper demand declined faster than initially expected because of the shift toward electronic media and customers retiring paper machines. - FY2019-Q3RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment, although increases in product selling prices are gradually taking hold, as domestic demand declines.」
It states that the paper and pulp industry's challenging environment continues because domestic demand is declining, despite increases in product selling prices gradually taking hold. - FY2019-Q2RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment, despite moves to raise product selling prices, as domestic demand declines and raw material and fuel prices remain high.」
It states that the paper and pulp industry continues to face a challenging business environment because of declining domestic demand, despite moves to raise product selling prices. - FY2019-Q1RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment. Although demand for containerboard and household paper is increasing, demand for newsprint, printing paper and information paper is declining, while raw material and fuel prices are rising.」
It states that the paper and pulp industry continues to face a challenging business environment because of declines in newsprint, printing paper and information paper and rising raw material and fuel prices, despite increased demand for containerboard and household paper. - FY2018RestatedAnnual report
「However, the paper and pulp industry is expected to continue to face a challenging business environment, with the population declining and the shift toward electronic media advancing.」
The challenging environment facing the paper and pulp industry due to population decline and the shift toward electronic media continues to be described. - FY2018-Q3RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment, with demand for paper trending downward as paperless operations advance and raw material and fuel prices surge.」
The downward trend in paper demand resulting from paperless operations and the continuation of the challenging business environment in the paper and pulp industry are reiterated. - FY2018-Q2RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment. Although demand for containerboard is increasing, demand for newsprint, printing paper and information paper is trending downward as electronic media become more widespread.」
It describes the decline in newsprint, printing paper and information paper resulting from the spread of electronic media and the continuation of the challenging business environment in the paper and pulp industry. - FY2018-Q1RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment, although domestic demand for containerboard is increasing, as demand for newsprint, printing paper and information paper declines and recovered paper prices remain high.」
It states that the paper and pulp industry continues to face a challenging business environment because of declines in newsprint, printing paper and information paper and persistently high recovered paper prices, despite an increase in domestic containerboard demand. - FY2017RestatedAnnual report
「Changes in the demand structure of the paper and pulp industry resulting from the shift from paper to electronic media and other factors」
The changing demand structure of the paper and pulp industry resulting from the shift from paper to electronic media continues to be identified as a factor making the business environment more challenging. - FY2017-Q3RestatedAnnual report
「The paper and pulp industry, which comprises the major customers of the Group, continues to face a challenging business environment as demand for paper declines with the shift toward paperless operations.」
The decline in paper demand resulting from paperless operations and the continuation of the challenging business environment are reiterated. - FY2017-Q2RestatedAnnual report
「The challenging business environment is expected to continue, as paperless operations reduce demand for paper.」
The decline in paper demand resulting from paperless operations and the continuation of the challenging business environment are reiterated. - FY2017-Q1RestatedAnnual report
「The challenging business environment is expected to continue, as the digitisation of documents reduces demand for paper.」
The decline in paper demand and continuation of the challenging business environment are reiterated. It states that there have been no material changes in business and other risks. - FY2016First statedAnnual report
「Changes in the demand structure of the paper and pulp industry resulting from the shift from paper to electronic media and other factors」
The changing demand structure of the paper and pulp industry is identified as a factor making the business environment more challenging.