Risk of deteriorating performance due to declining product demand and intensifying competition
First written in FY2018. 22 of 25 entries say "Materialised", first in FY2019-Q3. Latest entry: 2026-11-13.
Ohishi Sangyo moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2023: 3 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- 2026-11-13MaterialisedEarnings presentation
「重包装袋は国内需要減少、ASEAN市場は成長維持も中国経済の鈍化が影響」
国内重包装袋の需要減少および海外食品向け需要減少が示され、製品需要の減少が当中間期の事業環境に現れている。一方、飼料向け等の販売数量回復により海外重包装袋部門は増収となった。 - FY2026MaterialisedAnnual report
「Overseas sales volumes of products for food increased, but revenue declined due to lower demand for products for synthetic resins and chemicals. As a result, revenue from the heavy-duty bag segment was ¥6,899 million, down 3.1% year on year.」
Lower overseas demand for products for synthetic resins and chemicals materialized as a decline in revenue from the heavy-duty bag segment, indicating that the risk of declining product demand has emerged. - FY2026-H1MaterialisedAnnual report
「Overseas sales of products for food increased, but revenue declined due to lower demand for products for synthetic resins, chemicals and other applications. As a result, combined domestic and overseas revenue from the heavy-duty bag segment was ¥3,440 million, down 3.3% year on year.」
Demand declined overseas for products for synthetic resins, chemicals and other applications, resulting in a 3.3% year-on-year decline in combined domestic and overseas revenue from the heavy-duty bag segment. - FY2025-H1MaterialisedAnnual report
「As a result, revenue for the first half of the current consolidated fiscal year increased 5.8% year on year to ¥11,440 million. Although volumes declined for corrugated products for produce, pulp-mold products and domestic heavy-duty bag products for synthetic resins, revenue benefited from the effects of price revisions across the product portfolio, a recovery in overseas heavy-duty bag volumes, and expanded sales of pulp-mold trays for office equipment and cast film.」
Volumes declined for products for produce and domestic heavy-duty bag products for synthetic resins, indicating that declining product demand has appeared in the results. Overall revenue, however, increased due in part to the recovery in overseas heavy-duty bag volumes. - FY2024MaterialisedAnnual report
「As a result, revenue for the consolidated fiscal year increased 0.8% year on year to ¥21,964 million. Although sales volumes declined across the major products, revenue benefited from the effects of price revisions implemented to address soaring raw material and fuel prices, as well as expanded sales of food containers made from pulp mold and pulp-mold trays for office equipment.」
The full-year results show declining sales volumes across the major products, with revenue maintained through price revisions and expanded sales of certain products. - FY2024-Q3MaterialisedAnnual report
「In Japan, the heavy-duty bag segment posted higher revenue due to selling-price adjustments, despite lower sales volumes. Overseas, revenue declined due to lower volumes for feed and chemical applications. Revenue in the heavy-duty bag segment was ¥4,866 million, down 4.5% year on year.」
The disclosure notes lower sales volumes across the product portfolio. In particular, lower overseas volumes for products for animal feed and chemicals materialized as a 4.5% year-on-year decline in revenue from the heavy-duty bag segment. - FY2024-Q2MaterialisedAnnual report
「In Japan, the heavy-duty bag segment posted higher revenue due to selling-price adjustments, despite lower sales volumes. Overseas, revenue declined due to lower volumes for feed and chemical applications. Revenue in the heavy-duty bag segment was ¥3,295 million, down 4.3% year on year.」
Declining overseas demand for products for animal feed and chemicals materialized as lower volumes and a 4.3% year-on-year decline in revenue from the heavy-duty bag segment. - FY2024-Q1MaterialisedAnnual report
「In Japan, the heavy-duty bag segment posted higher revenue due to selling-price adjustments, despite lower sales volumes. Overseas, revenue from synthetic-resin applications declined due to lower volumes. Revenue in the heavy-duty bag segment was ¥1,670 million, down 0.3% year on year.」
Declining sales volumes in Japan and overseas appeared in the results, and lower overseas volumes for synthetic resin products resulted in a 0.3% year-on-year decline in revenue from the heavy-duty bag segment. - FY2023MaterialisedAnnual report
「In the heavy-duty bag segment, revenue in Japan declined due to lower demand for synthetic resin products accompanying reduced automobile production.」
Declining demand for synthetic resin products accompanying reduced automobile production continues to materialize as a factor behind the full-year decline in revenue from the domestic heavy-duty bag segment. - FY2023-Q3MaterialisedAnnual report
「In the heavy-duty bag segment, revenue in Japan declined due to lower demand for synthetic resin products accompanying reduced automobile production.」
Declining demand for synthetic resin products accompanying reduced automobile production continues to materialize as lower revenue from the domestic heavy-duty bag segment. - FY2023-Q2MaterialisedAnnual report
「In the heavy-duty bag segment, revenue in Japan declined due to lower demand for synthetic resin products accompanying reduced automobile production.」
Declining demand for synthetic resin products accompanying reduced automobile production continues to appear in the results as a factor behind lower revenue from the domestic heavy-duty bag segment. - FY2023-Q1MaterialisedAnnual report
「In the heavy-duty bag segment, revenue in Japan declined despite higher revenue from products for flour milling, due to lower demand for synthetic resin products accompanying reduced automobile production.」
Declining demand for synthetic resin products accompanying reduced automobile production materialized as a decline in revenue from the domestic heavy-duty bag segment. - FY2022MitigatedAnnual report
「Revenue increased due to the recovery in demand that had declined during last year's COVID-19 crisis, as well as strong performance in films for food containers and other factors.」
The disclosure describes a recovery in demand that had declined during the COVID-19 crisis, indicating that part of the risk of declining product demand has eased. - FY2022-Q3Demand recovery gaining momentumAnnual report
「As a result, revenue for the nine-month period of the third quarter of the current consolidated fiscal year increased 5.1% year on year to ¥14,636 million, reflecting the recovery in demand that had declined during last year's COVID-19 crisis, as well as increased demand resulting from changes in lifestyles associated with living with COVID-19.」
The disclosure describes a recovery in demand that had declined last year and an increase in demand due to lifestyle changes, indicating that part of the risk of declining demand has eased. However, it does not describe any change in the risk of intensifying competition. - FY2022-Q1MaterialisedAnnual report
「Overseas operations recorded lower revenue due to declining demand for synthetic resins and chemicals resulting from the spread of COVID-19, as well as a ¥319 million year-on-year decline in revenue caused by differences in the accounting period following the transfer of the overseas heavy-duty bag business to a subsidiary. Revenue in the heavy-duty bag segment was ¥1,214 million, down 17.3% year on year.」
The decline in overseas demand caused by the spread of COVID-19 materialized as a 17.3% year-on-year decline in revenue from the heavy-duty bag segment. - FY2021MaterialisedAnnual report
「In the heavy-duty bags business, domestic revenue declined in synthetic resin and chemical applications due to the impact of the COVID-19 pandemic, but increased due to sales from 柳沢製袋株式会社, which became a consolidated subsidiary in the second quarter of the previous year. Overseas revenue declined due to the Malaysian government's movement control order issued in response to the pandemic, as well as lower demand for synthetic resin and chemical applications. Revenue in the heavy-duty bags business was ¥5,673 million, down 7.8% from the previous fiscal year.」
Infections, lower demand and activity restrictions overseas materialized in the full-year results as a decline in revenue from the heavy-duty bag segment, indicating that the risk of declining product demand has emerged. - FY2021-Q3MaterialisedAnnual report
「In the pulp-mold segment, revenue from takeout trays increased due to stronger takeout demand, but revenue declined due to lower demand from the office equipment industry. In the livestock field, the volume of commercial egg trays declined due to the impact of COVID-19, resulting in lower revenue. In the produce field, revenue declined due to the effects of adverse weather and lower demand, and revenue in the pulp-mold segment was ¥3,574 million, down 3.7% year on year.」
Declining demand for office equipment products, commercial egg trays and produce products materialized as a 3.7% year-on-year decline in revenue from the pulp-mold segment. - FY2021-Q2MaterialisedAnnual report
「In the pulp-mold segment, revenue from takeout trays increased due to stronger takeout demand, but the livestock field recorded lower revenue as the volume of commercial egg trays declined due to the impact of COVID-19. In the produce field, revenue declined due to the effects of adverse weather and lower demand, and revenue in the pulp-mold segment was ¥2,317 million, down 6.5% year on year.」
COVID-19, adverse weather and lower demand materialized as declines in revenue from the livestock and produce fields. - FY2021-Q1MaterialisedAnnual report
「In the pulp-mold segment, revenue from drink carriers increased due to stronger demand for takeout products, but revenue from the livestock and produce fields declined due to lower demand. Revenue in the pulp-mold segment was ¥1,176 million, down 5.2% year on year.」
Declining demand in the livestock and produce fields materialized as a 5.2% year-on-year decline in revenue from the pulp-mold segment. At the same time, the disclosure also noted higher revenue from drink carriers due to stronger takeout demand. - FY2020-Q3MaterialisedAnnual report
「In the heavy-duty bags business, domestic revenue increased as chemical applications and other existing fields remained solid and sales contributed by 柳沢製袋株式会社 were added. Overseas revenue declined due to the slowdown in the Chinese economy resulting from US-China trade friction and intensifying local market competition. Revenue was ¥4,625 million, up 5.6% year on year.」
The slowdown in the Chinese economy and intensifying competition in local markets have actually emerged as a decline in revenue from the overseas heavy-duty bag business, and the risks of declining demand and intensifying competition continue to materialize. - FY2020-Q2MaterialisedAnnual report
「In the heavy-duty bags business, domestic revenue increased as chemical applications and other existing fields remained solid and sales contributed by 柳沢製袋株式会社, acquired through an M&A transaction, were added. Overseas revenue declined due to the slowdown in the Chinese economy resulting from US-China trade friction and intensifying local market competition. Revenue in the heavy-duty bags business was ¥3,008 million, up 2.0% year on year.」
The slowdown in the Chinese economy and intensifying competition in local markets materialized this quarter as a decline in revenue from the overseas heavy-duty bag business. Revenue for the segment increased overall due to higher revenue in Japan and at acquired companies. - FY2020-Q1MaterialisedAnnual report
「In the heavy-duty bags business, domestic performance was broadly in line with the previous year, while overseas revenue declined due to the slowdown in the Chinese economy resulting from US-China trade friction and intensifying local market competition. Revenue in the heavy-duty bags business was ¥1,336 million, down 9.5% year on year.」
The slowdown in the Chinese economy and intensifying competition in local markets also materialized this quarter as a 9.5% decline in revenue from the overseas heavy-duty bag segment. - FY2019MaterialisedAnnual report
「In the heavy-duty bags business, domestic revenue increased as sales to the flour-milling and synthetic resin sectors remained strong, while overseas revenue declined due to lower logistics volume resulting from the slowdown in the Chinese economy and intensifying local market competition. Revenue in the heavy-duty bags business was ¥5,706 million, down 6.2% from the previous fiscal year.」
The slowdown in the Chinese economy and intensifying competition in local markets materialized as a 6.2% full-year decline in revenue from the overseas heavy-duty bag segment. - FY2019-Q3MaterialisedAnnual report
「In the heavy-duty bags business, domestic revenue increased as sales to the flour-milling and synthetic resin sectors remained strong, while overseas revenue declined due to lower volume resulting from the slowdown in the Chinese economy and intensifying local market competition. Revenue in the heavy-duty bags business was ¥4,381 million, down 3.3% year on year.」
The slowdown in the Chinese economy and intensifying competition in local markets have materialized as a decline in revenue from the overseas heavy-duty bag segment, indicating that the risks of declining demand and intensifying competition have emerged. - FY2018First statedAnnual report
「However, a decline in demand for the products and merchandise in which our products are used due to an economic downturn, along with worsening market conditions resulting from intensifying competition and other factors, may affect the operating results and financial condition of our group.」
Declining product demand, intensifying competition and worsening market conditions are separately identified as risks that could affect operating performance and financial condition.