Declining demand for paper, paperboard and household paper, and market downturn
First written in FY2016. 19 of 36 entries say "Worsened", first in FY2017. Latest entry: 2026-08-06.
Daio Paper moved to the "Worse" side of this theme in 2016, 7 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 6 of 13 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- 2026-08-06RestatedEarnings
「Demand for printing paper, particularly for flyers and brochures, continued to decline against a backdrop of accelerating digitalization. Although sales volume fell below the same period of the previous year, net sales were at the same level as the previous year owing to the increasing penetration of price revisions.」
Demand for printing paper continued to decline, while price revisions kept net sales at approximately the same level as the same period of the previous year. - FY2026WorsenedAnnual report
「Although unit selling prices for paper excluding newsprint rose as price revisions took effect, demand for printing applications continued to decline due to the acceleration of digitization, leaving sales volume and revenue below the same period of the previous year. Demand for packaging paper used in shipping packaging products for e-commerce and environmentally friendly products remained firm, but inbound tourism demand levelled off and demand, particularly for square-bottom bags, continued to decline, leaving sales volume and revenue below the same period of the previous year.」
Demand continued to decline for packaging paper as well as printing applications, leaving sales volume and revenue for paper excluding newsprint and packaging paper below the previous fiscal year. - 2026-05-15RestatedRevision of earnings forecasts
「The structural decline in demand in the paper and paperboard market, particularly for graphic paper such as newsprint and printing paper, is expected to continue.」
The company reaffirmed its outlook that the structural decline in demand in the paper and paperboard market, particularly for graphic paper, will continue. - FY2026-H1WorsenedAnnual report
「Although unit selling prices for paper excluding newsprint rose as price revisions took effect, demand for printing applications continued to decline due to the acceleration of digitization, leaving sales volume and revenue below the same period of the previous year. Demand for packaging paper used in shipping packaging products for e-commerce and environmentally friendly products remained firm, but inbound tourism demand levelled off and demand, particularly for square-bottom bags, continued to decline, leaving sales volume and revenue below the same period of the previous year.」
In addition to declining demand for printing applications, demand for packaging paper, particularly for square-bottom bags, continued to decline, leaving sales volume and revenue for paper excluding newsprint and packaging paper below the same period of the previous year. Newsprint sales increased due to changes in the competitive environment, but demand continued to decline with lower newspaper circulation and page counts. - FY2025WorsenedAnnual report
「Sales volume and revenue for paperboard and corrugated packaging were below the same period of the previous year due to continued weakness in domestic demand for corrugated packaging and the impact of stagnation in the Chinese and Southeast Asian markets on export sales.」
In addition to the existing decline in demand for newsprint and graphic paper, paperboard and corrugated packaging also saw lower sales volume and revenue due to weak domestic demand and stagnation in the Chinese and Southeast Asian markets. - FY2025-H1WorsenedAnnual report
「Domestic demand for paperboard and corrugated packaging, primarily for food and daily necessities, remained sluggish. Export demand was also affected by stagnation in the Chinese and Southeast Asian markets, resulting in sales volume and revenue below the same period of the previous year.」
In addition to the existing decline in demand for newsprint and graphic paper, paperboard and corrugated packaging also saw lower sales volume and revenue due to weak domestic demand and stagnation in the Chinese and Southeast Asian markets. - FY2024WorsenedAnnual report
「Sales volume for paper excluding newsprint, primarily paper used for flyers and pamphlets, declined from the same period of the previous year due to declining demand associated with the acceleration of digitization, but sales value exceeded the same period of the previous year as price revisions took effect.」
Demand for graphic paper continued to decline due to digitization, resulting in lower annual sales volume for paper excluding newsprint. Paperboard and corrugated packaging also saw lower sales volume due to weak domestic demand and stagnation in international markets. - FY2024-Q3WorsenedAnnual report
「In the paper and paperboard segment, newsprint sales volume declined from the same period of the previous year due to declines in newspaper circulation and page counts, but sales value exceeded the same period of the previous year as price revisions took effect. In the paper business excluding newsprint, sales volume, primarily for paper used for flyers and pamphlets, declined from the same period of the previous year due to a further decline in demand for graphic paper, but sales value exceeded the same period of the previous year as price revisions took effect. For paperboard and corrugated packaging, domestic demand weakened following price increases for food and daily necessities, the segment's main applications, while export demand was affected by stagnation in international markets, including China. Sales volume consequently declined from the same period of the previous year, but sales value exceeded the same period of the previous year as domestic price revisions took effect.」
Sales volume for newsprint, paper excluding newsprint, and paperboard and corrugated packaging all declined from the same period of the previous year, as declining demand for graphic paper, weak domestic demand and stagnation in international markets continued and worsened. Meanwhile, sales value exceeded the same period of the previous year due to price revisions. - FY2024-Q2WorsenedAnnual report
「In the paper business excluding newsprint, sales volume, primarily for paper used for flyers and pamphlets, declined from the same period of the previous year due to a further decline in demand for graphic paper, but sales value exceeded the same period of the previous year as price revisions took effect. For paperboard and corrugated packaging, domestic demand slowed due to price increases for food and daily necessities, while export demand declined amid stagnation in international markets, including China. Sales volume was consequently below the same period of the previous year, but sales value exceeded the same period of the previous year as domestic price revisions took effect.」
The decline in demand for graphic paper progressed further, while slower domestic demand for paperboard and corrugated packaging and lower export demand due to stagnation in international markets appeared as a decline in sales volume. Meanwhile, sales value exceeded the same period of the previous year due to price revisions. - FY2024-Q1MaterialisedAnnual report
「Newsprint sales volume declined from the same period of the previous year due to declines in newspaper circulation and page counts, but sales value exceeded the same period of the previous year as price revisions took effect.\nIn the paper business excluding newsprint, sales volume, primarily for paper used for flyers and pamphlets, declined from the same period of the previous year due to a further decline in demand for graphic paper, but sales value exceeded the same period of the previous year as price revisions across all products took effect.\nSales volume for paperboard and corrugated packaging fell below the same period of the previous year as domestic demand stagnated following price increases for food and daily necessities and export demand, particularly in China, remained weak. Sales value exceeded the same period of the previous year as price revisions took effect.」
Sales volume for newsprint, paper excluding newsprint, and paperboard and corrugated packaging was below the same period of the previous year, meaning the decline in demand for paper and paperboard continued to materialize. Meanwhile, sales value exceeded the same period of the previous year across all product categories due to price revisions. - FY2023-Q2RestatedAnnual report
「Domestic demand for paperboard and corrugated packaging was recovering from the COVID-19 pandemic, and sales volume remained firm. However, domestic demand for newsprint and graphic paper continued to decline, resulting in sales volume for the paper and paperboard segment as a whole falling below the same period of the previous year.」
Although demand for paperboard and corrugated packaging showed signs of recovery, demand for newsprint and graphic paper continued to decline, leaving total sales volume for the paper and paperboard segment below the same period of the previous year. The risk of declining demand continues. - FY2022MitigatedAnnual report
「In the paper and paperboard segment for the current consolidated fiscal year, advertising demand, including demand for flyers, increased as economic activity recovered from the stagnation caused by the COVID-19 pandemic in the previous fiscal year. Demand for corrugating medium for export also remained firm, resulting in sales volume and value for paper excluding newsprint and paperboard and corrugated packaging exceeding the same period of the previous year.」
The structural risk of shrinking paper demand remains, and the paper market is expected to contract further in the next fiscal year. In the current fiscal year, however, sales volume and value for major products exceeded the same period of the previous year as advertising demand and demand for corrugating medium recovered. - FY2022-Q3MitigatedAnnual report
「Newsprint sales volume and value exceeded the same quarter of the previous year as newspaper page counts, which had declined due to the COVID-19 pandemic, began to recover.」
Against a backdrop of recovering newspaper page counts and economic activity, sales volume and value for newsprint, paper excluding newsprint, and paperboard and corrugated packaging exceeded the same quarter of the previous year, partially mitigating the impact of the risk of declining paper demand. - FY2022-Q2RestatedAnnual report
「However, demand for graphic paper, including lightweight printing paper for flyers and copy paper for offices, remains unlikely to recover to pre-COVID-19 levels.」
Although demand for paper excluding newsprint and graphic paper uses has partially recovered, the report indicates that a recovery to pre-COVID-19 levels remains difficult. - FY2022-Q1RestatedAnnual report
「Although sales of paper for media uses, including newsprint and printing paper, exceeded the same quarter of the previous year, a recovery in demand to pre-COVID-19 levels is expected to remain difficult for the full year.」
Although quarterly sales for media uses exceeded the same period of the previous year, the outlook indicates that recovering to pre-COVID-19 demand levels for the full year will be difficult, and the risk of declining paper demand continues. - FY2021WorsenedAnnual report
「Sales volume and value for paper excluding newsprint were below the same period of the previous year due to declining demand for paper used for flyers and pamphlets as people refrained from going out and attending events during the COVID-19 pandemic, as well as declining demand for office paper as working from home became more widespread.」
The drivers of declining demand for paper excluding newsprint expanded from digitization and declining print volumes to lower demand for event, advertising and office paper due to the COVID-19 pandemic, and revenue from the paper and paperboard segment fell 4.8% year on year. - FY2021-Q3WorsenedAnnual report
「Demand for paper excluding newsprint was recovering from the summer onward due to the Go To campaign and the partial resumption of various events. However, as the number of infections began rising again around November, the usual year-end increase in demand did not occur.」
There was a temporary recovery in demand for paper excluding newsprint during the COVID-19 pandemic, but the renewed increase in infections prevented year-end demand from gaining momentum, meaning the risk of declining demand continued and worsened again. - FY2021-Q2WorsenedAnnual report
「Newsprint sales volume and value were below the same quarter of the previous year due to declines in newspaper circulation and page counts associated with lower advertising during the COVID-19 pandemic.」
In addition to the existing decline in newspaper circulation, lower advertising and page counts during the COVID-19 pandemic resulted in newsprint sales volume and value below the same period of the previous year. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current fiscal year, domestic demand for paper, particularly for media uses such as flyers and pamphlets, declined significantly in the paper and paperboard segment due to the stagnation of economic activity associated with the spread of COVID-19, including the postponement of the Tokyo Olympics and requests to refrain from going out.」
In addition to the existing effects of digitization and declining print volumes, the spread of COVID-19, the postponement of the Tokyo Olympics and the stagnation of economic activity caused by requests to refrain from going out became additional factors behind the decline in paper demand. - FY2020WorsenedAnnual report
「Sales volume for paper excluding newsprint was below the same period of the previous year due to declining demand for paper used for flyers and publications as print volumes fell and the shift to electronic media progressed, as well as a significant decline in event and advertising demand accompanying the slowdown in economic activity caused by the spread of COVID-19.」
In addition to the existing decline in demand for paper excluding newsprint due to newspapers, publications and digitization, declining event and advertising demand resulting from the spread of COVID-19 broadened the sources of demand weakness. - FY2020-Q3WorsenedAnnual report
「Domestic demand for paperboard and corrugated packaging remained sluggish due to lower export demand, including demand for industrial products, resulting from US-China trade friction, weak demand following the consumption tax increase and the effects of natural disasters. Sales volume was consequently below the same quarter of the previous year.」
In addition to the existing decline in demand for paper excluding newsprint, domestic demand for paperboard and corrugated packaging became sluggish due to US-China trade friction, weak demand following the consumption tax increase and natural disasters, resulting in sales volume below the same period of the previous year. - FY2020-Q2WorsenedAnnual report
「Sales volume for paperboard and corrugated packaging was below the same quarter of the previous year due to lower export demand, including demand for industrial products, resulting from US-China trade friction, as well as sluggish movement of beverages and fresh produce caused by unfavorable weather. Sales value, however, exceeded the same quarter of the previous year because product market prices remained at the levels achieved after price revisions implemented last year.」
In addition to the existing decline in demand for paper excluding newsprint, lower export demand due to US-China trade friction and weaker paperboard and corrugated packaging demand due to unfavorable weather appeared as sales volume below the same period of the previous year. Sales value exceeded the same period of the previous year following price revisions. Although the risk was not quantified, it materialized as an actual decline in sales volume. - FY2020-Q1WorsenedAnnual report
「Newsprint sales volume and value were below the same quarter of the previous year, due in part to declines in newspaper circulation and page counts.」
The decline in newspaper circulation and page counts caused newsprint sales volume and value to fall below the same period of the previous year, with the decline in demand continuing to materialize in actual results. - FY2019WorsenedAnnual report
「Newsprint sales volume and value were below the same period of the previous year, due in part to declines in newspaper circulation and page counts. Paper excluding newsprint saw sales volume and value both fall below the same period of the previous year as demand for printing paper used for flyers and publications declined.」
The decline in demand for newsprint and printing paper continued to materialize in actual results, with sales volume and value below the same period of the previous year. - FY2019-Q3RestatedAnnual report
「Newsprint sales volume and value were below the same quarter of the previous year, due in part to the decline in newspaper circulation. Paper excluding newsprint saw continued declines in demand for printing paper, with sales volume and value both below the same quarter of the previous year.」
Declining demand for newsprint and printing paper and sales volume and value below the same period of the previous year continue. - FY2019-Q2WorsenedAnnual report
「Newsprint sales volume and value were below the same quarter of the previous year, due in part to the decline in newspaper circulation.\nPaper excluding newsprint saw continued declines in demand for printing paper, with sales volume and value both below the same quarter of the previous year.」
The decline in demand for newsprint and printing paper materialized in actual results, with sales volume and value below the same period of the previous year. The risk of declining paper demand continues to materialize and become more pronounced. - FY2019-Q1WorsenedAnnual report
「In the paper business within the paper and paperboard segment, the number of newspapers, publications, flyers and catalogues being printed has declined and the shift to digital media has progressed. As the decline in demand for newsprint rolls and printing paper has widened, the Group is working to improve profitability by shifting its product mix toward higher-value-added products such as information paper, packaging paper and functional materials.」
The report states that the decline in demand for newsprint rolls and printing paper has widened due to lower print volumes and the shift to digital media. - FY2018MaterialisedAnnual report
「Meanwhile, the business environment surrounding the Group has remained increasingly difficult, as demand for paper, including newsprint and printing paper, continues to decline and raw material and fuel prices have surged.」
Demand for paper continued to decline, and newsprint sales volume and value were also below the same period of the previous year. - FY2018-Q3MaterialisedAnnual report
「Newsprint sales volume and value were below the same quarter of the previous year, due in part to declines in newspaper circulation and page counts.」
The decline in newspaper circulation and page counts caused newsprint sales volume and value to fall below the same period of the previous year. The decline in domestic demand for paper excluding newsprint also continues. - FY2018-Q2MaterialisedAnnual report
「Newsprint sales volume and value were below the same quarter of the previous year, due in part to declines in newspaper circulation and page counts.」
The decline in newspaper circulation and page counts caused newsprint sales volume and value to fall below the same quarter of the previous year. Domestic demand for paper excluding newsprint was also below the same quarter of the previous year due to weakness in printing and information-related applications. - FY2018-Q1MaterialisedAnnual report
「Newsprint sales volume and value were below the same quarter of the previous year, due in part to the decline in newspaper circulation.」
The decline in newspaper circulation caused newsprint sales volume and value to fall below the same period of the previous year. For printing paper, sales value was also below the same period of the previous year due to lower domestic market prices. - FY2017WorsenedAnnual report
「In the paper and pulp industry, domestic demand for paperboard remained firm, but domestic demand for paper, including newsprint and printing paper, continued to decline. In addition, wastepaper prices rose recently, resulting in continued difficult business conditions.」
Domestic demand for paper continued to decline, and domestic demand for paper excluding newsprint fell 2% from the previous year. The report also notes lower domestic market prices and higher wastepaper prices, providing greater specificity regarding the worsening demand and market risks. - FY2017-Q3MaterialisedAnnual report
「Domestic demand for printing, information and packaging paper declined from the same quarter of the previous year. Sales value declined due to lower domestic market prices.」
The decline in domestic demand for printing, information and packaging paper and lower domestic market prices were recorded as actual results in the third quarter. - FY2017-Q2MaterialisedAnnual report
「Domestic demand for printing, information and packaging paper declined from the same quarter of the previous year.」
The decline in domestic demand for printing, information and packaging paper was recorded as an actual result in the current quarter as well. - FY2017-Q1MaterialisedAnnual report
「Although demand for printing, information and packaging paper was below the same quarter of the previous year, both sales volume and value exceeded the same quarter of the previous year due to an improved product mix.」
Demand for printing, information and packaging paper was below the same period of the previous year. The report states that the impact on sales volume and value was contained by an improved product mix. - FY2016First statedAnnual report
「The Group operates paper and paperboard, home and personal care, and other businesses. A significant decline in demand for its core paper, paperboard and household paper products, or a decline in product market prices, could affect the Group's financial position and operating results.」
The decline in demand for core products and the fall in market prices are identified as risks that could affect the financial position and operating results.