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Showa Paxxs (3954) · InitiativeWorsened

Strengthening the Manufacturing and Sales Structure of タイ昭和パックス

First written in FY2017. 8 of 26 entries say "Worsened", first in FY2020. Latest entry: FY2026.

26entries
10years
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2022-Q1 – FY2022WorsenedFY2024-Q1 – FY2024MitigatedFY2025-H12017: 320172018: 320182019: 420192020: 320202021: 320212022: 320222023: 320232024: 320242025: 020252026: 12026
Same theme, other companies
Improving Production Efficiency and Expanding Orders at Asian Overseas OperationsA theme 17 companies write about · 0 as a headwind · 17 as a tailwind

Showa Paxxs moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).

The whole theme swung hardest in 2025: 3 of 15 companies on the "Worse" side.

2 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 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「For the current consolidated fiscal year of タイ昭和パックス㈱, covering January through December, sales volume decreased 10.2% year on year due to the economic slowdown in Thailand and neighboring countries.」

    Full-year sales volume at the Thai subsidiary decreased 10.2%, deteriorating from the previous recovery trend to a decline caused by the economic slowdown.
  2. FY2025-H1MitigatedAnnual report

    「During the current interim consolidated accounting period (January–June), sales volume at タイ昭和パックス㈱ increased 10.1% year on year, partly due to higher production by major business partners.」

    Sales volume at タイ昭和パックス, which had deteriorated due to production cuts and inventory adjustments by major customers, improved to a 10.1% year-on-year increase against a backdrop of higher production by major business partners.
  3. FY2024WorsenedAnnual report

    「During the current consolidated fiscal year (January–December), sales volume at タイ昭和パックス㈱ declined 11.8% from the previous period, as production cuts by other major customers and inventory adjustments persisted despite signs of recovering demand at some customers.」

    Full-year sales volume at the Thai subsidiary decreased 11.8%, as production cuts and inventory adjustments by major customers weighed on the results of strengthening the manufacturing and sales structure.
  4. FY2024-Q3WorsenedAnnual report

    「During the cumulative third quarter (January–September) of the current consolidated accounting period, sales volume at タイ昭和パックス㈱ declined 15.6% from the same period of the previous year due to production cuts by major customers and inventory adjustments.」

    Sales volume at the Thai subsidiary decreased 15.6% year on year, as production cuts and inventory adjustments by major customers weighed on the results of strengthening the manufacturing and sales structure.
  5. FY2024-Q2WorsenedAnnual report

    「During the cumulative second quarter (January–June) of the current consolidated accounting period, sales volume at タイ昭和パックス㈱ declined 13.0% from the same period of the previous year due to production cuts by major customers and inventory adjustments.」

    Sales volume at the Thai subsidiary deteriorated from a 6.2% decline in the first quarter to a 13.0% decline, as production cuts and inventory adjustments by major customers weighed on the results of strengthening the manufacturing and sales structure.
  6. FY2024-Q1WorsenedAnnual report

    「During the cumulative first quarter (January–March) of the current consolidated accounting period, sales volume at タイ昭和パックス㈱ declined 6.2%, partly due to production cuts by major customers amid weakness in the automotive sector.」

    Production cuts by major automotive-related customers caused sales volume at the Thai subsidiary to decline 6.2% year on year, reversing its previous recovery trend.
  7. FY2023-Q3Decline continued despite easing of infection-related effects, due to customer production cutsAnnual report

    「During the cumulative third quarter (January–September) of the current consolidated accounting period, the impact of COVID-19 infections on the production structure eased, but sales volume at タイ昭和パックス㈱ declined 10.5% from the same period of the previous year, mainly due to production cuts by automotive-related customers.」

    Sales volume at the Thai subsidiary, which had recovered in the previous year, decreased 10.5% as production cuts by automotive-related customers outweighed the easing impact of employee infections on the production structure.
  8. FY2023-Q2WorsenedAnnual report

    「During the cumulative second quarter (January–June) of the current consolidated accounting period, sales volume at タイ昭和パックス㈱ declined 10.7% from the same period of the previous year, affected by lower production due to employee infections, shipment carryovers caused by a shortage of transport containers, and production cuts by some major customers.」

    Sales volume at the Thai subsidiary, which had recovered in the previous year, decreased 10.7% year on year due to employee infections, a shortage of transport containers and production cuts by major customers, indicating that the results of strengthening the manufacturing and sales structure were constrained by external factors.
  9. FY2022MitigatedAnnual report

    「As noted above, タイ昭和パックス㈱'s kraft paper bag sales volume exceeded the same month of the previous year in most months, increasing 14.8% from the previous period for the full year.」

    Sales volume at the Thai subsidiary, which had deteriorated due to the slowdown in the Chinese economy and infectious diseases, recovered to a substantial full-year increase.
  10. FY2022-Q3MitigatedAnnual report

    「During the cumulative third quarter (January–September) of the current consolidated accounting period, the recovery trend continued ahead of Japan's, with sales volume recovering substantially in July–September from the decline in the same period of the previous year, resulting in a substantial 21.8% year-on-year increase in cumulative sales volume at タイ昭和パックス㈱.」

    Sales volume at the Thai subsidiary increased 21.8% year on year, recovering from the deterioration caused by external demand contraction.
  11. FY2022-Q2MitigatedAnnual report

    「During the cumulative second quarter (January–June) of the current consolidated accounting period, the recovery trend that began in October–December of the previous year continued, resulting in a 9.3% year-on-year increase in sales volume at タイ昭和パックス㈱.」

    Sales volume at the Thai subsidiary increased 9.3% year on year, recovering from the deterioration caused by infectious diseases and other factors.
  12. FY2022-Q1MitigatedAnnual report

    「During the cumulative first quarter (January–March) of the current consolidated accounting period, the recovery in automobile production that began in October–December of the previous year continued, resulting in a 3.5% year-on-year increase in sales volume at タイ昭和パックス㈱.」

    Sales volume at the Thai subsidiary, which had deteriorated due to the slowdown in the Chinese economy and infectious diseases, improved to a 3.5% year-on-year increase.
  13. FY2021-Q3WorsenedAnnual report

    「During the third-quarter cumulative consolidated period (January–September), shipments at タイ昭和パックス were slightly higher year on year in the January–June period as customers built up inventories, but fell sharply in July–September as that effect reversed. Cumulative shipments were down 10.5% year on year, and demand contraction resulting from the spread of novel coronavirus disease could not be avoided.」

    At タイ昭和パックス, cumulative sales volume turned from the previous growth trend to a 10.5% decline, as the results of strengthening the manufacturing and sales structure were affected by external demand contraction.
  14. FY2021-Q2Sales volume growth slowed substantiallyAnnual report

    「As a result, cumulative volume increased slightly by 1.4% from the same period of the previous year.」

    Sales volume at タイ昭和パックス remained higher year on year, but the rate of increase slowed from 13.4% in the first quarter to 1.4%.
  15. FY2021-Q1Sales volumes reverse from decline to growthAnnual report

    「Customers concerned that the novel coronavirus disease would affect production moved to build up inventories early, resulting in a substantial 13.4% year-on-year increase in sales volume.」

    Sales volume at タイ昭和パックス, which had declined due to the slowdown in the Chinese economy through the previous period, turned to a 13.4% year-on-year increase as customers built up inventories.
  16. FY2020WorsenedAnnual report

    「The six-year streak of year-on-year increases in annual kraft paper bag sales volume ended, resulting in lower revenue and lower profit.」

    The growth trend in sales volume at タイ昭和パックス ended, with full-year volume down 10.9% and lower revenue and profit due to the impact of the slowdown in the Chinese economy.
  17. FY2020-Q2Sales volume decline widened due to the slowdown in the Chinese economyAnnual report

    「During the cumulative second quarter (January–June) of the current consolidated accounting period, customer production volumes declined due to the slowdown in the Chinese economy, and monthly sales volume remained below the previous year's level, resulting in a substantial 10.8% year-on-year decline.」

    After sales volume had increased through the previous quarter and for 6 consecutive full-year periods, cumulative sales volume for the current quarter decreased 10.8% due to the slowdown in the Chinese economy.
  18. FY2020-Q1Sales volume decreased due to the slowdown in the Chinese economyAnnual report

    「During the cumulative first quarter (January–March) of the current consolidated accounting period, customer production volumes declined due to the slowdown in the Chinese economy, reducing demand for paper bags. As a result, sales volume remained below the previous year's level, declining 8.4% from the same period of the previous year.」

    Against the previous growth trend associated with the strengthened manufacturing and sales structure of the Thai subsidiary, sales volume decreased 8.4% as the slowdown in the Chinese economy took effect.
  19. FY2019AdvancedAnnual report

    「Although タイ昭和パックス㈱ has a January–December accounting period, strong order intake and production continued, resulting in a 6-consecutive-period increase in kraft paper bag sales volume.」

    The company describes strong orders and production at its Thai subsidiary and six consecutive periods of growth in kraft paper bag sales volume as progress in strengthening its manufacturing and sales structure.
  20. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter (January–September) of the current consolidated accounting period, タイ昭和パックス㈱ maintained strong sales to core customers for synthetic resins and other products in both Thailand and export markets, while also developing new customers, resulting in a 7.8% year-on-year increase in sales volume.」

    タ イ昭和パックス continued sales to core customers and development of new customers, maintaining sales volume growth.
  21. FY2019-Q2AdvancedAnnual report

    「During the cumulative second quarter (January–June) of the current consolidated accounting period, タイ昭和パックス㈱ performed strongly in applications for synthetic resins and other products among its core customers both in Japan and overseas, while also pursuing new customer development, resulting in a 9.9% year-on-year increase in sales volume.」

    Strong sales to core customers and development of new customers increased タイ昭和パックス's sales volume 9.9% year on year.
  22. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter (January–March) of the current consolidated accounting period, タイ昭和パックス㈱ achieved a 4.8% year-on-year increase, supported by strong performance in applications for synthetic resins and other products.」

    Sales volume at タイ昭和パックス has continued to increase, and the company continues to expand its business to address demand in Asia.
  23. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter (January–September) of the current consolidated accounting period, タイ昭和パックス㈱ maintained steady sales to core customers both in Thailand and for exports while developing new customers, resulting in a 4.9% year-on-year increase in sales volume.」

    The company continued sales to its core customers and development of new customers at タイ昭和パックス, with sales volume increasing 4.9%.
  24. FY2018-Q2AdvancedAnnual report

    「In addition to solid sales to major customers, efforts to develop new customers progressed, bringing sales volume to 4.0% above the year-earlier level.」

    At タイ昭和パックス, sales volume increased 4.0% year on year as the company developed new customers.
  25. FY2018-Q1AdvancedAnnual report

    「During the cumulative first quarter (January–March) of the current consolidated accounting period, タイ昭和パックス㈱ achieved a 5.8% increase from the same period of the previous year, supported by steady sales to existing customers and the effect of proactive sales initiatives.」

    The effects of active sales initiatives at the Thai subsidiary emerged, with sales volume increasing 5.8% year on year.
  26. FY2017First statedAnnual report

    「We will further strengthen the manufacturing and sales structure of タイ昭和パックス㈱ to respond to growing demand for kraft paper bags in Asia.」

    The company has stated its policy of strengthening the manufacturing and sales structure of its Thai subsidiary to capture demand for kraft paper bags in Asia.
Moved together

"Impact of local economic conditions and exchange rates on the Thai subsidiary" moved the same way as this thread, in the same document, in 14 of its 26 moves.

1414121097★123456
  1. ★This thread
  2. 1Impact of local economic conditions and exchange rates on the Thai subsidiary14×
  3. 2Improved Earnings and Profitability Despite Declining Revenue14×
  4. 3Expanding market share in heavy-duty bags and strengthening our position as an industry leader12×
  5. 4Weak demand for film products10×
  6. 5Acquisition of new demand9×
  7. 6Sluggish Domestic Economic Conditions and Personal Consumption7×

★ 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.

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Strengthening the Manufacturing and Sales Structure of タイ昭和パックス | SHOWA PAXXS CORPORATION (3954) | Komori