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Awa Paper & Technological Company (3896) · RiskWorsened

Declining Demand for Core Products as Electric and Fuel-Cell Vehicles Become More Widespread

First written in FY2016. 4 of 10 entries say "Worsened", first in FY2021. Latest entry: FY2026.

10entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019WorsenedFY2021 – FY20232016: 120162017: 020172018: 120182019: 120192020: 020202021: 120212022: 120222023: 120232024: 020242025: 120252026: 32026
Same theme, other companies

Awa Paper & Technological Company moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).

The whole theme swung hardest in 2022: 11 of 29 companies on the "Worse" side.

11 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 58 companies compared. The sentences above are computed from all 58.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Meanwhile, we have been developing the market for thermal insulation materials used in electric and fuel-cell vehicles and other applications in anticipation of the global shift toward electric vehicles. However, the recent retreat from rapid electrification has become pronounced, and demand for these materials may decline substantially.」

    The slowdown in the pace of electrification is expressly identified as a factor that may significantly reduce demand in the thermal insulation materials market.
  2. FY2025SoftenedAnnual report

    「Demand for automotive-related materials is expected to remain firm for the time being, partly because the trend toward vehicle electrification has slowed.」

    The long-term risk of declining demand for engine-related products due to vehicle electrification remains, but the outlook indicates that demand for automotive-related materials will remain firm for the time being as the pace of electrification slows.
  3. FY2023WorsenedAnnual report

    「Rapid adoption of electric and fuel-cell vehicles is expected in the future in the automotive-related materials business, our core business, and demand for our group's engine-related products may decline substantially.」

    Regarding the adoption of electric and fuel-cell vehicles, the disclosure expressly identifies the possibility of rapid adoption and a substantial decline in demand for engine-related products.
  4. FY2022WorsenedAnnual report

    「In addition, in the water-treatment-related materials business, aggressive sales efforts by new entrants and existing competitors may significantly reduce our group's market share of nonwoven fabrics used as supports for separation membranes.」

    In addition to declining demand for engine-related products due to vehicle electrification, the disclosure identifies the risk of a significant decline in market share due to competitors' aggressive sales efforts in the water-treatment field.
  5. FY2021WorsenedAnnual report

    「In addition, if the technological advantage of our group is lost due to new technological innovations or delays in the group's development activities, this may adversely affect growth and business performance.」

    In addition to the risk of declining demand for existing products due to electric and fuel-cell vehicles, the disclosure expressly identifies the loss of technological advantages due to new technological innovations or development delays.
  6. FY2019RestatedAnnual report

    「If electric and fuel-cell vehicles become more widespread in the automotive-related materials business operated by our group, demand for our current core products, including filter media for engines and friction materials for clutch plates, may decline and affect the group's business performance.」

    The risk of declining demand for core products due to the adoption of electric and fuel-cell vehicles remains present.
  7. FY2018RestatedAnnual report

    「If electric and fuel-cell vehicles become more widespread in the automotive-related materials business operated by our group, demand for our current core products, including filter media for engines and friction materials for clutch plates, may decline and affect the group's business performance.」

    The risk of declining demand for core products due to the adoption of electric and fuel-cell vehicles remains present.
  8. FY2016First statedAnnual report

    「If electric and fuel-cell vehicles become more widespread in the automotive-related materials business operated by our group, demand for our current core products, including filter media for engines and friction materials for clutch plates, may decline and affect the group's business performance.」

    The disclosure identifies the risk of technological change affecting existing filter media for engines and friction materials for clutch plates.
Moved together

"Difficulties Procuring Overseas Raw Materials and Rising Crude Oil and Energy Prices" moved the same way as this thread, in the same document, in 6 of its 10 moves.

643333★123456
  1. ★This thread
  2. 1Difficulties Procuring Overseas Raw Materials and Rising Crude Oil and Energy Prices6×
  3. 2Declining Profitability of Fixed Assets and the Risk of Impairment Losses4×
  4. 3Dependence on Interest-Bearing Debt and Funding and Interest-Rate Risk3×
  5. 4Risk of Lower Demand Due to Economic Slowdowns in China and Emerging Markets3×
  6. 5Sales Concentration and Credit Risk Relating to Specific Customers3×
  7. 6Achieving a Return on Assets (ROA) of at Least 10%3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Awa Paper & Technological Company yet. It last moved in the Management plan of 2026-05-28: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Declining Demand for Core Products as Electric and Fuel-Cell Vehicles Become More Widespread | AWA PAPER & TECHNOLOGICAL COMPANY,Inc. (3896) | Komori