Risk of Demand Decline Due to Market and Economic Trends
First written in FY2016. 6 of 10 entries say "Worsened", first in FY2023. Latest entry: 2026-10-21.
Tokuyama moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2023: 13 of 23 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- 2026-10-21Worsenedfinance.yahoo.co.jp
「2027年3月期第1四半期は売上高857億円を計上し、営業利益は前年同期比22.9%減の61億円。」
化成品の販売減少が第1四半期の営業利益減少要因として報じられ、需要面の悪化が業績に現れた。 - 2026-04-28WorsenedRevision of earnings forecasts
「The global economy during the fiscal year became more uncertain in international trade due to heightened geopolitical risks, including the prolonged situation in Ukraine, as well as U.S. tariff policy. In addition, the conflict in the Middle East that began in February 2026 created a critical situation in the supply chains for crude oil and other raw materials and fuels, and instability has continued.」
U.S. tariff policy and supply-chain concerns arising from the Middle East conflict were added to the risks surrounding market and economic conditions. - FY2026-H1WorsenedAnnual report
「Although sales of semiconductor-related products remained solid, sales decreased by ¥1,782 million year on year to ¥163,756 million, down 1.1% year on year, due mainly to lower export volumes of caustic soda and declining overseas market prices for vinyl chloride products.」
Demand and market-price fluctuations driven by market and economic trends were reflected in lower sales through reduced caustic soda export volumes and declining overseas market prices for vinyl chloride products. - FY2024-Q3WorsenedAnnual report
「Despite higher cement selling prices and solid sales of healthcare-related products, sales of semiconductor-related products remained weak as the semiconductor market slowed, among other factors. As a result, sales decreased by ¥8,754 million year on year to ¥250,255 million, down 3.4% year on year.」
Weak sales resulting from the semiconductor market slowdown contributed to the 3.4% year-on-year decline in consolidated sales. The impact of weaker demand has continued despite higher cement prices and solid healthcare product sales. - FY2024-Q2WorsenedAnnual report
「Due in part to sluggish sales of semiconductor-related products and chemicals, the figure decreased by ¥265 million from the same period of the previous year to ¥166,105 million, down 0.2% year on year.」
Declining demand due to market and economic trends has materialized in actual results through sluggish sales of semiconductor-related products and chemicals and lower sales. - FY2023WorsenedAnnual report
「In addition, there are inherent risks of social disruption caused by terrorism, war and other factors. If these risks materialize, including a protracted Russia-Ukraine conflict, they could materially affect the Group's operating results and financial condition.」
The previously identified market and economic trend risks have been expanded to include a protracted Russia-Ukraine conflict, shortages of energy and mineral resources, and inflation as specific external environmental factors. - FY2021-Q3MaterialisedAnnual report
「Due to lower domestic sales volumes of caustic soda resulting from the spread of COVID-19 and sluggish sales prices for petrochemical products, among other factors, the figure decreased by ¥15,620 million from the same period of the previous year to ¥220,923 million, down 6.6% year on year.」
Declining demand and prices due to market and economic trends appeared as lower domestic caustic soda sales volumes and sluggish sales prices for petrochemical products, resulting in a 6.6% year-on-year decline in sales. - FY2021-Q2MaterialisedAnnual report
「Due to lower domestic sales volumes of caustic soda resulting from the spread of COVID-19, sluggish sales prices for petrochemical products, and lower export volumes of dental equipment and other products to Europe and the United States, among other factors, the figure decreased by ¥9,460 million from the same period of the previous year to ¥143,289 million, down 6.2% year on year.」
Declining demand and prices due to market and economic trends have continued to affect sales through lower domestic caustic soda sales volumes, lower sales prices for petrochemical products and reduced export volumes of dental equipment and other products to Europe and the United States. - FY2021-Q1MaterialisedAnnual report
「Due to the decline in overseas caustic soda market conditions resulting from the spread of COVID-19, sluggish sales prices for petrochemical products, and lower export volumes of dental equipment and other products to Europe and the United States, among other factors, the figure decreased by ¥5,840 million from the same period of the previous year to ¥70,624 million, down 7.6% year on year.」
The risk of declining demand and prices due to market and economic trends has materialized in actual sales declines through weaker overseas caustic soda market conditions, lower sales prices for petrochemical products and reduced export volumes of dental equipment and other products to Europe and the United States. - FY2016First statedAnnual report
「A decline in demand in these markets and industries or an economic downturn in sales regions could materially affect the Group's operating results and financial condition.」
The Group's markets, including chemicals, construction and building materials, and information and electronics, are affected by economic conditions in Japan, the United States, Asia and Europe.