Market Contraction for Existing Products
First written in FY2017-Q1. 20 of 22 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As part of structural reforms in the papermaking-related business, where equipment is aging, the company has been actively improving the efficiency of operating facilities, including through machine integration, and improving operations to maximize value on an ongoing basis. In addition to shutting down No. 7 papermaking machine at the end of 2019 and No. 9 papermaking machine at the end of March 2022, the company decided to shut down No. 1 and No. 2 papermaking machines by the end of March 2027.」
As a response to the contraction of the existing papermaking-related businesses and aging equipment, the company has reaffirmed the shutdown of an additional 2 papermaking machines and its withdrawal from domestic paper production. - FY2026-H1MaterialisedAnnual report
「As part of structural reforms in the papermaking unit, the company resolved during the first half of this year to shut down 2 papermaking production facilities at the end of March 2027, discontinue the manufacture and sale of each product grade produced at these facilities, and … thereby complete a series of structural reforms in its papermaking business and withdraw from domestic paper production.」
The contraction and substitution risks affecting the existing papermaking-related businesses have led to specific business measures: shutting down 2 papermaking facilities, discontinuing the manufacture and sale of the relevant product grades, and withdrawing from domestic paper production. - FY2024RestatedAnnual report
「The mature coated paper-related business handles product groups including magnetic tickets. Substitution with different materials and methods due to system changes, such as the shift to contactless methods, had gradually progressed, but market contraction accelerated due to the spread of COVID-19.」
The company describes for the full fiscal year the continued contraction of the market for existing coated paper and magnetic ticket-related products due to alternative methods and the impact of the infectious disease. - FY2023-Q3RestatedAnnual report
「In the functional paper business, while existing businesses continued to contract, revenue increased year on year as the company focused on expanding sales of certain products with strong demand, including through subsidiaries, and made progress in passing through some price increases.」
In the functional paper business, revenue increased through sales expansion for certain products and the pass-through of price increases, despite the continued contraction of existing businesses. - FY2023-Q2RestatedAnnual report
「In the functional paper business, while existing businesses continued to contract, revenue increased year on year as the company focused on expanding sales of certain products with strong demand, including through subsidiaries, and made progress in passing through some price increases.」
In the functional paper business, revenue increased through sales expansion for certain products and the pass-through of price increases, despite the continued contraction of existing businesses. - FY2023-Q1RestatedAnnual report
「In the functional paper business, as existing businesses continued to contract,」
The company continues to describe the situation in which existing businesses are contracting in the functional paper business. - FY2022-Q3RestatedAnnual report
「Existing businesses, including the woodfree paper business and magnetic ticket sales, continued to contract,」
While market conditions in the functional paper business have recovered, existing businesses such as the woodfree paper business and magnetic ticket sales continue to contract. - FY2022-Q2RestatedAnnual report
「In the functional paper business, market conditions recovered from the COVID-19 pandemic compared with the previous fiscal year, which was affected by the pandemic, but existing businesses continued to contract, resulting in revenue roughly in line with the same period of the previous year.」
While market conditions in the functional paper business have recovered, existing businesses continue to contract. - FY2021-Q2RestatedAnnual report
「In the functional paper business, where existing businesses are contracting, rapid changes in the market environment associated with the COVID-19 pandemic also occurred,」
The situation of continued contraction in existing businesses in the functional paper business remains in place, accompanied by changes in the market environment caused by the infectious disease. - FY2021-Q1RestatedAnnual report
「As existing businesses continued to contract amid rapid changes in the market environment associated with the COVID-19 pandemic,」
The company explains that existing businesses continue to contract in the functional paper business, and that the previous theme of existing products and market contraction remains in place. - FY2020RestatedAnnual report
「In the functional paper business, which includes existing products whose markets are contracting, profit margins improved as the company pursued aggressive sales expansion and strongly promoted cost-reduction efforts.」
Although the functional paper business continues to include existing products in contracting markets, it is advancing margin improvement through sales expansion and cost reductions. - FY2020-Q3RestatedAnnual report
「In the functional paper business, while some products face market contraction, the company is aggressively pursuing sales expansion efforts, as well as」
Although the functional paper business continues to include products facing market contraction, the company is pursuing aggressive sales expansion efforts. - FY2020-Q2RestatedAnnual report
「In the functional paper business, which includes existing products whose markets are contracting, the company is pursuing aggressive sales expansion efforts, as well as」
Although the situation of having existing products in contracting markets continues in the functional paper business, the company is pursuing sales expansion efforts. - FY2019RestatedAnnual report
「In the functional paper business, revenue exceeded that of the previous fiscal year as the company pursued sales expansion for existing and new products amid continued market contraction.」
In the functional paper business, the situation of having existing products in contracting markets continues, while the company is pursuing sales expansion for both existing and new products. - FY2019-Q3RestatedAnnual report
「In the electronic materials business, sales of existing products declined due to deteriorating market conditions, but this was offset by new products, limiting the decline in revenue from the previous year to a slight decrease.」
In the electronic materials business, sales of existing products have declined due to deteriorating market conditions, and the challenge of a shrinking and deteriorating market for existing products continues. The impact is being offset by new products. - FY2019-Q1RestatedAnnual report
「In the functional paper business, which includes existing products whose markets are contracting, sales of functional sheets remained firm, helped by contributions from new product sales, and revenue exceeded that of the same period of the previous year.」
Although the challenge of having existing products with contracting markets continues in the functional paper business, revenue from functional sheets exceeded that of the same period of the previous year due to new product sales. - FY2018-Q3RestatedAnnual report
「In the functional paper business, although some products faced market contraction, revenue exceeded that of the same period of the previous year due to sales expansion efforts and contributions from new product sales.」
Although the risk posed by products facing market contraction continues, revenue in the functional paper business exceeded that of the same period of the previous year through sales expansion efforts and new product sales. - FY2018-Q2RestatedAnnual report
「Despite having existing products in the functional paper business whose markets are contracting, we maintained revenue at the level of the same period of the previous year through sales expansion efforts, including for new products.」
In the functional paper business, the company maintained revenue at the level of the same period of the previous year through sales expansion efforts, including for new products, despite the continued contraction of the market for existing products. - FY2018-Q1RestatedAnnual report
「Despite having products in the functional paper business whose markets are contracting, the company secured revenue at the same level as the previous year through sales efforts and contributions from new products.」
The company explains that, while the market for existing products in the functional paper business continues to contract, revenue was maintained through sales efforts and new products. - FY2017RestatedAnnual report
「While the market for existing products, particularly in the woodfree paper and magnetic products businesses, continues to contract,」
The contraction of the market for existing products is described for the full fiscal year as a structural issue extending beyond functional paper and electronic materials to woodfree paper and magnetic products. - FY2017-Q2RestatedAnnual report
「The trend of market contraction for existing products in the functional paper and electronic materials businesses」
The company explains that the market for existing products continues to contract in the functional paper and electronic materials businesses. - FY2017-Q1First statedAnnual report
「In the functional paper and electronic materials businesses, this was due in part to the contraction of the market for existing products and the reaction to increased shipments in the fourth quarter of the previous fiscal year,」
The company identifies the contraction of the market for existing products as a factor behind the decline in revenue in the functional paper and electronic materials businesses. The impact is evident in the electronic materials business within the plastics materials processing business and in the functional paper business within the papermaking and coated paper-related business.