Komori
Denka (4061) · RiskReframed

Review of Selling Prices for Petrochemical-Related Products Following a Decline in Raw Material Prices

First written in FY2017-Q1. 17 of 36 entries say "Restated". Latest entry: 2026-11-09.

36entries
11years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2020-Q2ReframedFY2025-H1 – 2026-05-132016: 22017: 420172018: 320182019: 320192020: 320202021: 420212022: 320222023: 320232024: 220242025: 120252026: 82026
Same theme, other companies
Decline in Selling Prices Due to Sluggish Demand for Commodity Products and Falling Resource PricesA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

Denka moved to the "Worse" side of this theme in 2022, 4 years before the typical company in this theme (2026).

The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.

2 other companies' latest entry also says "Reframed".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1ReframedAnnual report

    「revisions to selling prices in response to higher raw material and fuel prices, as well as increased net proceeds due to the weaker yen,」

    The situation has changed from the recent period, when revisions to selling prices in response to falling raw material and fuel prices reduced revenue, to the current interim period, when revisions in response to soaring raw material and fuel prices are contributing to higher revenue.
  2. FY2026RestatedAnnual report

    「As a result, although sales volumes of electronic and advanced products increased, lower net realized prices due to sales price revisions in response to falling raw fuel and raw material prices, among other factors, resulted in net sales of ¥384.247 billion, a decrease of ¥16.003 billion, or 4.0%, from the same period of the previous year.」

    Lower net realized prices resulting from sales price revisions in response to falling raw fuel and raw material prices offset the increase in sales volumes of electronic and advanced products and became a factor reducing sales.
  3. 2026-05-13ReframedFinancial results presentation

    「スチレン系樹脂:原燃料価格上昇に伴う価格改定」

    直近の原燃料価格下落に伴う販売価格見直しから、2026年度予想では原燃料価格上昇に伴う価格改定を織り込む状況へ変化した。
  4. FY2026-H1ReframedAnnual report

    「As a result, during the interim consolidated accounting period under review, sales volumes of electronic and advanced products increased, but selling prices were revised in response to lower fuel and raw material costs and net proceeds declined due to yen appreciation. Net sales were ¥196,699 million, down ¥2,354 million, or 1.2%, from the same period of the previous year.」

    The situation has changed from the recent period, when price revisions in response to higher raw fuel and raw material prices were a factor increasing sales, to one in which sales price revisions associated with falling raw fuel and raw material prices are a factor reducing sales.
  5. FY2025-H1ReframedAnnual report

    「As a result, during the interim consolidated accounting period under review, results benefited from a recovery in sales volumes of electronic and advanced products, selling price revisions in response to higher fuel and raw material costs, and increased net proceeds due to yen depreciation,」

    Whereas sales price revisions associated with falling raw material prices for some products were disclosed in the second half of the previous fiscal year, price revisions in response to higher raw fuel and raw material prices are described as a factor increasing sales in the current interim period.
  6. FY2024-Q3RestatedAnnual report

    「Styrene monomer sales declined because sales prices were revised in response to falling raw material prices, while sales volumes of transparent resins declined due to the impact of the slowdown in the Chinese economy.」

    The situation in which sales price revisions in response to falling raw material prices became a factor reducing styrene monomer sales has continued.
  7. FY2024-Q2RestatedAnnual report

    「Styrene monomer sales declined because sales prices were revised in response to falling raw material prices, while sales volumes of transparent resins declined due to the impact of the slowdown in the Chinese economy.」

    The situation in which sales price revisions in response to falling raw material prices became a factor reducing styrene monomer sales has continued.
  8. FY2024-Q1RestatedAnnual report

    「Styrene monomer sales declined because sales prices were revised in response to falling raw material prices,」

    The disclosure continues to describe a situation in which sales price revisions in response to falling raw material prices became a factor reducing styrene monomer sales.
  9. FY2023WorsenedAnnual report

    「Cement sales declined because the pass-through of the sharp increase in raw fuel and raw material prices to prices was delayed.」

    The pass-through of higher raw fuel and raw material prices to cement prices was delayed, resulting in lower sales. The situation has shifted from a period through the previous year when price revisions drove higher sales to one in which the failure of price pass-through to keep pace has become apparent by business segment.
  10. FY2023-Q2WorsenedAnnual report

    「In addition, sales of specialty admixtures were broadly in line with the previous year, while only part of the increase in raw fuel and raw material prices was passed through to cement prices.」

    Only part of the increase in raw fuel and raw material prices was passed through to cement prices, becoming a factor behind the deterioration in the terms of trade.
  11. FY2023-Q1WorsenedAnnual report

    「In addition, sales of specialty admixtures were broadly in line with the previous year, while only part of the increase in raw fuel and raw material prices was passed through to cement prices.」

    Only part of the increase in raw fuel and raw material prices was passed through to sales prices, a situation described as leading to a deterioration in the terms of trade.
  12. FY2022-Q3RestatedAnnual report

    「In addition, sales prices were revised in response to higher raw fuel and raw material prices, and net sales were ¥283.977 billion, an increase of ¥21.992 billion, or 8.4%, from the same period of the previous year.」

    The disclosure reconfirms that sales price revisions in response to higher raw fuel and raw material prices became a factor increasing sales.
  13. FY2022-Q2RestatedAnnual report

    「In addition, sales prices were revised in response to higher raw material prices, and net sales were ¥191.143 billion, an increase of ¥30.840 billion, or 19.2%, from the same period of the previous year.」

    The disclosure reconfirms that sales price revisions in response to higher raw material prices became a factor increasing sales.
  14. FY2022-Q1ReframedAnnual report

    「In addition, sales prices were revised in response to higher raw material prices, and net sales were ¥86.727 billion, an increase of ¥10.494 billion, or 13.8%, from the same period of the previous year.」

    The situation has changed from sales price revisions associated with falling raw material prices being a factor reducing sales to price revisions in response to higher raw material prices becoming a factor increasing sales.
  15. FY2021RestatedAnnual report

    「In addition, sales price revisions were made for some products in response to falling raw material prices, and net sales were ¥354.391 billion, a decrease of ¥26.412 billion, or 6.9%, from the same period of the previous year.」

    Sales price revisions in response to falling raw material prices continue to be a factor reducing sales.
  16. FY2021-Q3RestatedAnnual report

    「In addition, sales of styrene monomer and polystyrene and MS resins by Denka Singapore were lower because sales prices were revised in response to falling raw material prices.」

    The disclosure continues to describe a situation in which sales price revisions in response to falling raw material prices became a factor reducing sales of petrochemical-related products.
  17. FY2021-Q2WorsenedAnnual report

    「Although sales volumes increased for some electronic and advanced products, sales volumes declined overall during the six months ended the second quarter due to weaker demand resulting from the global economic downturn. Sales price revisions were also made in response to falling raw material prices, and net sales were ¥160.302 billion, a decrease of ¥31.650 billion, or 16.5%, from the same period of the previous year.」

    Sales price revisions in response to falling raw material prices continued, and weaker demand resulting from the global economic downturn also contributed, resulting in a 16.5% year-on-year decline in net sales.
  18. FY2021-Q1WorsenedAnnual report

    「Net sales for the three months ended the first quarter were ¥76.233 billion, a decrease of ¥14.651 billion, or 16.1%, from the same period of the previous year. Although sales volumes increased for some electronic and advanced products, sales volumes declined overall due to weaker demand resulting from the global economic downturn, and sales price revisions were also made in response to falling raw material prices.」

    Sales price revisions in response to falling raw material prices continued, and weaker demand resulting from the global economic downturn also contributed, resulting in a 16.1% year-on-year decline in net sales.
  19. FY2020-Q3WorsenedAnnual report

    「Net sales for the nine months ended the third quarter were ¥288.655 billion, a decrease of ¥21.628 billion, or 7.0%, from the same period of the previous year. This reflected increased sales volumes in vehicle electrification-related and healthcare fields and progress in sales price revisions aimed at restoring profitability, offset by sales price revisions for some products in response to falling raw material prices and lower sales volumes due to weaker demand.」

    Sales price revisions in response to falling raw material prices continued, and lower sales volumes due to weaker demand also contributed, resulting in a 7.0% year-on-year decline in consolidated net sales.
  20. FY2020-Q2RestatedAnnual report

    「Net sales for the six months ended the second quarter were ¥191.953 billion, a decrease of ¥6.394 billion, or 3.2%, from the same period of the previous year. This reflected increased sales volumes in vehicle electrification and healthcare-related fields and progress in sales price revisions aimed at restoring profitability, offset by sales price revisions for some products in response to falling raw material prices and lower sales volumes due to weaker demand.」

    The disclosure reiterates that sales price revisions in response to falling raw material prices, together with lower sales volumes due to weaker demand, became factors reducing sales.
  21. FY2020-Q1Recurrence of sales price revisions due to falling raw material pricesAnnual report

    「Against this backdrop, during the three months ended the first quarter, sales price revisions aimed at restoring profitability progressed, while some products were subject to sales price revisions in response to falling raw material prices, and sales volumes declined due to weaker demand.」

    The situation has changed from the period through the previous year, when raw material prices were rising, to the current quarter, when sales price revisions in response to falling raw material prices for some products have become a factor reducing sales.
  22. FY2019-Q3RestatedAnnual report

    「Net sales for the nine months ended the third quarter were ¥310.284 billion, an increase of ¥17.154 billion, or 5.9%, from the same period of the previous year, due to sales price revisions in response to higher raw material prices and increased sales volumes, mainly for electronic and advanced products. This was a record high for a nine-month period ended the third quarter.」

    The disclosure reiterates that sales price revisions in response to higher raw material prices, together with increased sales volumes, contributed to higher sales.
  23. FY2019-Q2RestatedAnnual report

    「As a result, net sales for the six months ended the second quarter were ¥198.348 billion, an increase of ¥10.505 billion, or 5.6%, from the same period of the previous year, due to sales price revisions in response to higher raw material prices and increased sales volumes, mainly for electronic and advanced products. This was a record high for a six-month period ended the second quarter.」

    The disclosure continues to describe a situation in which sales price revisions in response to higher raw material prices, together with increased sales volumes, contributed to higher sales.
  24. FY2019-Q1RestatedAnnual report

    「As a result, during the cumulative first quarter under review, selling price revisions in response to higher raw material prices and increased sales volumes, mainly of electronic and advanced products, contributed to net sales of ¥93,969 million, up ¥3,381 million, or 3.7%, from the same period of the previous year, a record high for a cumulative first quarter.」

    The situation in which selling price revisions in response to higher raw material prices contribute to higher sales continues to be noted.
  25. FY2018-Q3RestatedAnnual report

    「As a result, during the cumulative third quarter under review, sales volumes increased, led by chloroprene rubber and electronic and advanced products, and selling price revisions in response to higher raw material prices contributed to net sales of ¥293,130 million, up ¥26,389 million, or 9.9%, from the same period of the previous year.」

    The situation in which selling price revisions in response to higher raw material prices continue to contribute to higher sales is noted.
  26. FY2018-Q2RestatedAnnual report

    「Against this economic backdrop, the Group worked to expand sales in Japan and overseas and reduce costs, focusing on expanding its business and securing earnings. As a result, during the cumulative second quarter under review, sales volumes increased, led by chloroprene rubber and electronic and advanced products, and selling price revisions in response to higher raw material prices contributed to net sales of ¥187,843 million, up ¥16,036 million, or 9.3%, from the same period of the previous year.」

    The situation in which selling price revisions in response to higher raw material prices contribute to higher sales continues to be noted.
  27. FY2018-Q1ReframedAnnual report

    「As a result, during the cumulative first quarter under review, sales volumes increased, led by chloroprene rubber and electronic and advanced products, and selling price revisions in response to higher raw material prices contributed to net sales of ¥90,588 million, up ¥8,603 million, or 10.5%, from the same period of the previous year.」

    The situation shifted from the previous fiscal year's sales decline caused by selling price revisions in response to lower raw material prices to a situation in which price revisions in response to higher raw material prices contributed to higher sales this quarter.
  28. FY2017RestatedAnnual report

    「As selling prices for petrochemical-related products were revised in response to lower raw material prices and net proceeds declined due to yen appreciation, consolidated net sales were ¥362,647 million, down ¥7,205 million, or 1.9%, from the same period of the previous year.」

    The pattern in which revisions to selling prices for petrochemical-related products in response to lower raw material prices and lower net proceeds due to yen appreciation lead to lower sales is reiterated.
  29. FY2017-Q3RestatedAnnual report

    「Selling prices for petrochemical-related products were revised in response to lower raw material prices, and net proceeds declined due to yen appreciation, resulting in sales down ¥10,718 million, or 3.9%, from the same period of the previous year.」

    The pattern in which revisions to selling prices in response to lower raw material prices lead to lower sales continues to be described.
  30. FY2017-Q2RestatedAnnual report

    「Selling prices for petrochemical-related products were revised in response to lower raw material prices, and net proceeds declined due to yen appreciation, resulting in sales down ¥10,820 million, or 5.9%, from the same period of the previous year.」

    The pattern in which revisions to selling prices in response to lower raw material prices lead to lower sales continues to be described.
  31. FY2017-Q1First statedAnnual report

    「Selling prices for petrochemical-related products were revised in response to lower raw material prices, and net proceeds declined due to yen appreciation, resulting in sales down ¥4,945 million, or 5.7%, from the same period of the previous year.」

    Revisions to selling prices in response to lower raw material prices were a factor behind the decline in sales.
Moved together

"Interest-Bearing Debt and Interest Rate Fluctuation Risk" moved the same way as this thread, in the same document, in 11 of its 36 moves.

1196555★123456
  1. ★This thread
  2. 1Interest-Bearing Debt and Interest Rate Fluctuation Risk11×
  3. 2Risk of fluctuations in demand for automobiles, electronic components and steel9×
  4. 3Impact of yen appreciation on earnings and foreign exchange losses6×
  5. 4Uncertainty over the outlook due to China's and emerging markets' slowdown and the UK's withdrawal from the EU5×
  6. 5Outstanding debt guarantees to affiliated companies5×
  7. 6Retirement Benefit Obligations and Pension Investment Risk5×

★ 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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Denka's next results are scheduled for 2026-11-09. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-11-09: "Reframed".
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Review of Selling Prices for Petrochemical-Related Products Following a Decline in Raw Material Prices | Denka Company Limited (4061) | Komori