Stagnant Demand for Electric Double-Layer Capacitors Due to Chinese Government Subsidy Reductions

「Although sales of separators for electric double-layer capacitors used in overseas wind power generation declined, separators for lithium-ion batteries remained strong. As a result, sales for the six months ended September 30 were ¥2,020 million, up ¥88 million, or 4.6%, year on year.」

「Although sales of separators for electric double-layer capacitors used in overseas wind power generation, which had been strong in the previous period, declined, demand for separators for lithium-ion batteries for automotive applications increased. As a result, sales for the three months ended June 30 were ¥1,048 million, up ¥213 million, or 25.5%, year on year.」

「Demand for separators for electric double-layer capacitors used in wind power generation and smart meters overseas remained high, while demand for separators for large lithium-ion batteries for automotive applications increased. As a result, sales for the fiscal year were ¥3,955 million, up ¥889 million, or 29.0%, from the previous fiscal year.」

「Demand for separators for electric double-layer capacitors for overseas markets remained high, while demand for separators for large lithium-ion batteries for automotive applications also increased. As a result, sales for the nine months ended December 31 were ¥2,835 million, up ¥678 million, or 31.4%, year on year.」

「Sales of separators for electric double-layer capacitors for overseas markets increased, while sales of separators for large lithium-ion batteries for automotive applications also exceeded the year-earlier level. As a result, sales for the six months ended September 30 were ¥1,932 million, up ¥550 million, or 39.8%, year on year.」

「Demand for separators for electric double-layer capacitors for overseas markets remained strong. As a result, sales for the three months ended June 30 were ¥835 million, up ¥174 million, or 26.3%, year on year.」

「Demand for separators for electric double-layer capacitors used in wind power generation and smart meters overseas remained strong throughout the year, while demand for separators for large lithium-ion batteries for automotive applications increased as the number of vehicle models adopting them to improve fuel economy grew. As a result, sales for the fiscal year were ¥3,065 million, up ¥960 million, or 45.6%, from the previous fiscal year.」

「Demand for separators for electric double-layer capacitors used in wind power generation and smart meters overseas remained strong. In addition, demand for separators for large lithium-ion batteries for automotive applications increased as the number of vehicle models adopting them grew to improve fuel economy. As a result, sales for the nine months ended December 31 were ¥2,157 million, up ¥648 million, or 43.0%, year on year.」

「Battery separators for electric double-layer capacitors used in energy-efficient vehicles and for wind power generation and smart meters overseas remained strong. In addition, demand for separators for large lithium-ion batteries for automotive applications increased as their use in energy-efficient vehicles expanded. As a result, sales for the six months ended September 30 were ¥1,382 million, up ¥355 million, or 34.6%, year on year.」

「Battery separators remained strong, led by separators for large lithium-ion batteries for automotive applications, including energy-efficient vehicles. As a result, sales for the three months ended June 30 were ¥661 million, up ¥148 million, or 29.1%, year on year.」

「Sales of separators for large lithium-ion batteries used in energy-efficient vehicles and stationary battery storage systems remained solid, although sales of large electric double-layer capacitors, including those for China, remained weak. As a result, sales for the nine months ended December 31 were ¥1,508 million, up ¥24 million, or 1.6%, year on year.」

「Sales of separators for large lithium-ion batteries used in energy-efficient vehicles and stationary battery storage systems remained strong. As a result, sales for the six months ended September 30 were ¥1,027 million, up ¥62 million, or 6.5%, year on year.」

「Sales remained approximately in line with plan, led by separators for large lithium-ion batteries used in energy-efficient vehicles and stationary battery storage systems. As a result, sales for the three months ended June 30 were ¥512 million, up ¥0 million, or 0.1%, year on year.」

「Sales of separators for electric double-layer capacitors used in energy-efficient vehicles and other applications and for large lithium-ion batteries remained solid. As a result, sales for the fiscal year were ¥1,967 million, up ¥205 million, or 11.6%, from the previous fiscal year.」

「Sales of separators for electric double-layer capacitors used in energy-efficient vehicles and other applications and for large lithium-ion batteries remained solid. As a result, sales for the nine months ended December 31 were ¥1,484 million, up ¥133 million, or 9.9%, year on year.」

「Sales of separators for electric double-layer capacitors used in energy-efficient vehicles and for large lithium-ion batteries used in energy-efficient vehicles and stationary battery storage systems remained at approximately the previous period's level. As a result, sales for the six months ended September 30 were ¥964 million, up ¥23 million, or 2.5%, year on year.」

「Orders for electric double-layer capacitors used in environmentally friendly buses in China showed signs of bottoming out, while orders also came in for wind power generation and smart meter power backup applications. As a result, sales for the three months ended June 30 were ¥511 million, up ¥31 million, or 6.6%, year on year.」

「Orders for electric double-layer capacitors used in environmentally friendly buses in China were affected by the reduction in Chinese government subsidies. Sales of separators for large lithium-ion batteries used in energy-efficient vehicles and stationary battery storage systems also remained weak. As a result, sales for the fiscal year were ¥1,762 million, down ¥290 million, or 14.2%, from the previous fiscal year.」

「Sales for the nine months ended December 31 were ¥1,350 million, down ¥213 million, or 13.6%, year on year, as sales of separators for electric double-layer capacitors used in energy-efficient vehicles and for large lithium-ion batteries used in energy-efficient vehicles and stationary battery storage systems remained weak.」

「Although there were orders for large lithium-ion batteries for overseas industrial equipment applications, orders for electric double-layer capacitors used in energy-efficient vehicles for environmentally friendly buses in China remained sluggish. As a result, sales for the first 2 quarters of the fiscal year were ¥941 million, down ¥40 million, or 4.1%, year on year.」

「Orders for electric double-layer capacitors for environmentally friendly buses in China remained sluggish, as orders were stalled by the impact of reduced Chinese government subsidies.」