Risk of market demand shifting away from vinyl chloride and delays in new product development
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 2 of 13 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the company is unable to develop products in a timely manner in response to market demand and orders decline because customers switch to competitors' products or for other reasons, this could affect the Group's operating results and financial condition.」
The company continues to describe the risk of declining orders if product development for automotive interior skin materials is delayed in responding to market demand. - FY2024RestatedAnnual report
「If the company is unable to develop products in a timely manner in response to market demand and orders decline because customers switch to competitors' products or for other reasons, this could affect the Group's operating results and financial condition.」
The company continues to identify delays in product development to address market demand for vinyl chloride-based, olefin-based, and urethane-based automotive interior skin materials as a risk. - FY2020RestatedAnnual report
「If the company is unable to develop products in a timely manner in response to market demand and orders decline because customers switch to competitors' products or for other reasons, this could affect the Group's operating results and financial condition.」
The company continues to identify delays in product development to address market demand for vinyl chloride-based, olefin-based, and urethane-based automotive interior skin materials as a risk. - FY2017First statedAnnual report
「If the Group is unable to develop products in a timely manner in response to changes in market demand and orders decline because of substitution by alternative products or other factors, this could affect the Group's operating results and financial condition.」
Given the company's dependence on sales of automotive interior skin materials, the company describes the risk of declining orders if market demand shifts toward olefin-based and urethane-based products and development is delayed.