Decline in domestic demand and falling market prices
First written in FY2016. 11 of 29 entries say "Materialised", first in FY2019. Latest entry: 2026-08-05.
Oji Holdings moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 10 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- 2026-08-05MaterialisedEarnings
「Due to the continuing decline in demand for newsprint and printing and information papers, net sales declined year on year.」
Declining demand for newsprint and printing and information papers continued to appear as a year-on-year decline in net sales in the first quarter. - FY2026MaterialisedAnnual report
「In Japan, the home care business manufactures and sells household paper products for the domestic market. It has been exposed to a challenging earnings environment, and despite efforts during the fiscal year to improve earnings through measures including product price revisions in response to higher costs and increased sales volume, deterioration in operating results has continued.」
Deteriorating domestic demand and earnings conditions continued, and an impairment loss of ¥5,138 million was recognized in the home care business. - 2026-05-13WorsenedEarnings forecast revision
「Although net sales for the fiscal year are expected to be roughly in line with the previous forecast, domestic sales volumes and the extent of the recovery in overseas pulp market conditions are expected to fall short of our assumptions, and operating income is expected to be below the previous forecast.」
Domestic sales volumes are expected to fall short of assumptions, and the decline in domestic demand has been identified as a reason for revising the earnings forecast downward. - FY2026-H1MaterialisedAnnual report
「In response to structural changes in the business environment, the company shut down one coated-paper and lightweight-coated-paper production line in March 2025 and has now decided to shut down one additional newsprint production line.」
As demand for newsprint and printing and information paper continues to decline, the company is taking concrete steps to address lower domestic demand by shutting down production facilities. - FY2024-Q3Continued lower sales volume due to inflation alongside higher sales from price revisionsAnnual report
「In the domestic business, sales volume declined for many product categories, including containerboard and corrugated packaging, white-lined chipboard and household paper, as inflation restrained consumption. However, price revisions resulted in higher sales from the previous year.」
While inflation-driven consumption restraint continued to appear as lower sales volume, price revisions continued to keep sales above the previous year. - FY2024-Q2Consumption restraint due to inflation alongside price revisionsAnnual report
「In the domestic business, sales volume declined for many product categories, including containerboard and corrugated packaging, packaging paper and household paper, as inflation restrained consumption. However, price revisions resulted in higher sales from the previous year.」
For domestic demand, inflation-driven consumption restraint materialized in lower sales volume, while price revisions drove sales above the previous year. - FY2024-Q1Structural demand decline alongside higher sales from price revisionsAnnual report
「In the domestic business, demand for newsprint and printing and information paper continued to trend downward, but price revisions resulted in higher sales from the previous year.」
While demand for newsprint and printing and information paper continued to trend downward, price revisions drove sales above the previous year. - FY2023-Q2Structural demand decline alongside a recovery in demand for domestically produced productsAnnual report
「In the domestic business, newsprint demand continued to trend downward, while demand for domestically produced printing paper increased as imports declined. In addition, price revisions resulted in higher sales from the previous year.」
While demand for newsprint continued to trend downward, higher demand for domestically produced printing paper as imports declined, together with price revisions, resulted in higher sales. - FY2023-Q1Structural demand decline alongside a continuing recovery in demandAnnual report
「In the domestic business, newsprint demand continued to trend downward, while demand for domestically produced printing paper increased as imports declined, resulting in higher sales from the previous year.」
While demand for newsprint continued to trend downward, demand for domestically produced printing paper increased as imports declined. - FY2022-Q3Structural demand decline alongside a continuing recovery in demandAnnual report
「In the domestic business, demand for newsprint and printing paper for publishing applications continued to trend downward, but sales volume increased from the previous year, partly reflecting the rebound from the slowdown in economic activity caused by the spread of COVID-19 the previous year in printing paper for commercial printing applications.」
While demand for publishing applications continued to decline, sales volume for commercial printing applications increased as a result of the rebound from the COVID-19 downturn the previous year. - FY2022-Q2Structural demand decline alongside a recovery in demandAnnual report
「In the domestic business, newsprint demand continued to trend downward and sales volume declined from the previous year. Printing paper sales volume increased from the previous year, reflecting the rebound from the slowdown in economic activity caused by the spread of COVID-19 in the previous year.」
While structural demand for newsprint continued to decline, printing paper sales volume recovered as a result of the rebound from the downturn caused by COVID-19 the previous year. - FY2022-Q1Structural demand decline alongside a temporary recovery in salesAnnual report
「In the domestic business, newsprint demand continued to trend downward, but sales volume increased slightly from the previous year, partly because the company made up some of the industry-wide supply shortage caused by damage to other companies' facilities.」
While structural demand for newsprint continued to decline, sales volume for the quarter slightly exceeded the previous year as the company partially offset supply shortages caused by damage to other companies' facilities. - FY2021MaterialisedAnnual report
「Consolidated net sales for the fiscal year declined by ¥148.6 billion, or 9.9%, from the previous fiscal year to ¥1,359.0 billion, reflecting weak demand, particularly for printing and information paper, amid the slowdown in economic activity associated with the global spread of COVID-19 and other factors, as well as the impact of softer pulp market conditions overseas.」
Declining domestic and overseas demand materialized in a 9.9% full-year decrease in consolidated net sales, and the company describes the impact of lower demand, particularly for printing and information paper. - FY2021-Q3MaterialisedAnnual report
「In the domestic business, sales volume of containerboard and corrugated packaging declined from the previous year overall as demand fell due to restrictions on economic activity and other factors related to requests to refrain from going out to prevent the spread of COVID-19, although sales remained firm for some processed food and mail-order applications.」
Declining domestic demand has materialized in lower sales volume of containerboard and corrugated packaging. - FY2021-Q2MaterialisedAnnual report
「Consolidated net sales for the six months ended the second quarter declined by ¥107.8 billion, or 14.2%, from the same quarter of the previous year to ¥652.4 billion, as both the domestic and overseas businesses were affected by the spread of COVID-19.」
The spread of COVID-19 and declining domestic and overseas demand continued to be evident in a 14.2% year-on-year decrease in consolidated net sales. - FY2021-Q1MaterialisedAnnual report
「The global spread of COVID-19 has weakened economies in Japan and overseas, and the Group has recently experienced declining demand, particularly for printing paper, both domestically and overseas. Consolidated net sales for the first quarter of the fiscal year declined by ¥53.6 billion, or 14.3%, from the same quarter of the previous year to ¥321.9 billion, as both the domestic and overseas businesses were affected by the spread of COVID-19.」
The decline in domestic and overseas demand, particularly for printing paper, materialized in a 14.3% year-on-year decrease in consolidated net sales. - FY2020MaterialisedAnnual report
「The global spread of COVID-19 has weakened economies in Japan and overseas, and the Group has recently experienced declining demand, particularly for printing paper, both domestically and overseas.」
The decline in domestic and overseas demand, particularly for printing paper, resulting from the spread of COVID-19 had actually occurred by the end of the fiscal year. - FY2020-Q3MaterialisedAnnual report
「In the domestic business, newsprint sales volume declined from the previous year, reflecting factors including lower circulation and fewer pages.」
The structural decline in domestic demand for newsprint continues to be evident in lower sales volume. - FY2020-Q1MaterialisedAnnual report
「In Japan, newsprint sales volume declined from the previous year, reflecting factors including lower circulation and fewer pages.」
The structural decline in domestic demand for newsprint has become evident this quarter in the form of lower sales volume. - FY2019MaterialisedAnnual report
「Demand for printing paper in Japan continues to decline structurally as ICT adoption advances. ... In light of the current business environment, the company conservatively estimated future earnings prospects and other factors and carefully assessed recoverability, concluding that it was appropriate to recognize an impairment loss in the consolidated fiscal year.」
Against a backdrop of continued structural declines in domestic demand, an impairment loss of ¥29.6 billion was recognized on assets used in Oji Paper's paper business. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in existing business and other risks, including declining domestic demand and falling market prices. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in existing business and other risks, including declining domestic demand and falling market prices. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in existing business and other risks, including declining domestic demand and falling market prices. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in existing business and other risks, including declining domestic demand and falling market prices. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in existing business and other risks, including declining domestic demand. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in existing business and other risks, including declining domestic demand and falling market prices. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
Regarding risks including declining domestic demand, the company states that there are no new risks or material changes. It does, however, describe the impact of lower demand for newsprint and printing and information paper. - FY2017-Q1RestatedAnnual report
「In Japan, the employment and income environment continues to improve, but the recovery in economic activity has stalled amid the continuing appreciation of the yen and decline in share prices since the beginning of the year, as well as the impact of the Kumamoto Earthquake and other factors.」
The company cites concerns about the domestic economy and demand environment, but states that there have been no material changes in business or other risks. - FY2016First statedAnnual report
「Domestic sales account for approximately 70% of the Group's revenue. A significant downturn in the domestic economy could reduce domestic demand and cause market prices to fall, potentially adversely affecting the Group's financial position and operating results.」
With domestic sales accounting for approximately 70% of revenue, the company identifies domestic demand and market prices as key risks.