Decline in revenue due to sluggish renovation demand for architectural coatings, unfavorable weather and higher inventories
First written in FY2017-Q2. 10 of 23 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2026.
Koatsu Gas Kogyo moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In Coatings, waterproofing and industrial coatings remained firm, but sluggish demand for repainting detached houses continued, resulting in lower sales of architectural coatings.」
Continued sluggish demand for repainting detached houses appeared in the full-year results as a decline in architectural coatings sales. - 2026-05-15MaterialisedResults
「戸建塗替え需要の低迷が続き、建築用塗料の販売が減少しました。」
Continued sluggish demand for repainting detached houses appeared in the full-year results as a decline in architectural coatings sales. - FY2026-H1MaterialisedAnnual report
「Although waterproofing coatings remained firm, sluggish demand for repainting detached houses continued, resulting in a decline in general architectural coatings.」
Continued sluggish demand for repainting detached houses appeared in the results as a decline in general architectural coatings. - FY2025MaterialisedAnnual report
「In Coatings, while sluggish demand for repainting detached houses continued for architectural coatings, high-performance products such as the Wall Barrier series and Beads Coat series grew, but general architectural coatings, waterproofing coatings and industrial coatings declined.」
The full-year results reflected sluggish demand for repainting detached houses and declines in general architectural, waterproofing and industrial coatings, which were not offset by growth in high-performance products. - FY2024-Q3MaterialisedAnnual report
「In Paints, sales benefited from growth in the Beads Coat Series of high-performance exterior products, a recovery in waterproofing demand and growth in industrial products for overseas markets. However, sales of general-purpose architectural paints declined due to weak demand for detached-house renovations. Demand for aerosol products also declined. Although price revisions were implemented in response to higher raw material prices, total paint sales were below the same period of the previous year.」
Sluggish demand for detached-house renovations and lower aerosol demand appeared as an actual decline in revenue, and growth in high-performance products and price revisions were insufficient to offset the overall decline. - FY2024-Q2MitigatedAnnual report
「In Paints, sales benefited from growth in the Beads Coat Series of high-performance exterior products, a recovery in waterproofing demand and growth in industrial products for overseas markets. However, sales of general-purpose architectural paints declined due to weak demand for detached-house renovations. Demand for aerosol products also declined, while net sales exceeded the same period of the previous year, partly due to price revisions in response to higher raw material prices.」
Although demand for general-purpose coatings for detached-house renovations and aerosols continued to decline, total coatings revenue increased year on year owing to growth in high-performance products, waterproofing demand and overseas industrial coatings, as well as price revisions. - FY2024-Q1MaterialisedAnnual report
「In Paints, architectural paints benefited from growth in high-performance Beads Coat Series products, but demand for general-purpose paints for detached-house renovations declined. Demand for aerosol products also declined, and sales were below the same period of the previous year.」
Lower demand for detached-house renovations and aerosols was reported as an actual cause of the decline in revenue. Growth in high-performance products was insufficient to offset the overall decline. - FY2022-Q1MitigatedAnnual report
「In Paints, sales of architectural paints increased due to growth in the high-performance Wall Barrier and Beads Coat series, while aerosol demand recovered, resulting in revenue above the year-earlier period.」
Growth in high-performance products and a recovery in aerosol demand changed total coatings revenue from the previous decline caused by sluggish renovation demand and weather-related factors to an increase. - FY2021-Q3MaterialisedAnnual report
「In Paints, high-performance architectural paints including the Wall Barrier series and new products such as the Roof Barrier series grew, but general-purpose paints declined as renovation work was postponed due to the spread of COVID-19 and prolonged rainfall. Demand for aerosol products also declined, resulting in revenue below the year-earlier period.」
Postponed renovation work due to the spread of COVID-19 and prolonged rain, together with lower demand for aerosols, continued to be reported as actual causes of the decline in revenue. - FY2021-Q2MaterialisedAnnual report
「In Paints, the high-performance Wall Barrier series grew, but general-purpose paints declined as renovation work was postponed due to the spread of COVID-19 and prolonged rainfall. Demand for aerosol products also declined, resulting in revenue below the year-earlier period.」
Postponed renovation work due to the spread of COVID-19 and prolonged rain, together with lower demand for aerosols, emerged as actual causes of the decline in revenue. The Wall Barrier series, however, grew. - FY2020-Q3RestatedAnnual report
「In Paints, painting work declined due to repeated natural disasters, but sales of architectural paints increased as high-value-added new products grew. Aerosols remained at the previous-period level, resulting in revenue above the year-earlier period.」
Although fewer painting projects due to natural disasters continued, total coatings revenue increased owing to growth in new and high-value-added products and stable aerosol sales. - FY2020-Q2MaterialisedAnnual report
「In Paints, painting work declined due to repeated natural disasters, but sales of architectural paints increased due to growth in the new Wall Barrier series, while aerosols remained at the previous-period level, resulting in revenue above the year-earlier period.」
Although fewer painting projects due to natural disasters affected actual business performance, total coatings revenue increased year on year on growth in the Wall Barrier series. - FY2020-Q1MitigatedAnnual report
「In Paints, sales of architectural paints increased due to growth in the new Wall Barrier series, while paint aerosols remained at the previous-period level, resulting in revenue above the year-earlier period.」
Growth in new architectural coatings products led to an increase in total coatings revenue in the current quarter, unlike the previously reported declines due to sluggish renovation demand and weather-related factors. - FY2019RestatedAnnual report
「In Coatings, despite delays in renovation work due to unfavorable weather and other factors, architectural coatings increased following the launch of new products, while aerosol products benefited from stronger demand. Net sales therefore exceeded the previous consolidated fiscal year.」
Although delays in renovation work due to unfavorable weather and other factors continued, total coatings revenue increased on new product launches and stronger demand for aerosol products. - FY2019-Q3RestatedAnnual report
「In Paints, sales of architectural paints increased following the launch of new products, but residential painting work declined due to natural disasters including torrential rain in western Japan and typhoons. Meanwhile, aerosol products increased, resulting in revenue above the year-earlier period.」
Although the impact of fewer detached-house painting projects due to natural disasters continued to be reported, total coatings revenue increased owing to growth in new architectural products and aerosol products. - FY2019-Q2MaterialisedAnnual report
「In Paints, sales of architectural paints increased following the launch of new products, but residential painting work declined due to natural disasters including torrential rain in western Japan and typhoons. Aerosol products increased, but revenue fell below the year-earlier period.」
The impact of natural disasters, including the heavy rains in western Japan and typhoons, appeared in actual business performance as a decline in detached-house painting projects, leading to lower total coatings revenue. - FY2019-Q1Stronger demand following new product launches alongside a decline in renovation coatingsAnnual report
「In Paints, demand for architectural paints increased following the launch of new products, but renovation paints declined. Paint aerosols increased through the acquisition of new customers, but revenue fell below the year-earlier period.」
Although architectural coatings benefited from stronger demand following new product launches, total coatings revenue declined year on year due partly to a decrease in renovation coatings. - FY2018RestatedAnnual report
「In Coatings, architectural coatings declined due to unfavorable weather from the summer onward, while aerosol products increased through the acquisition of new customers. Net sales nevertheless fell below the previous consolidated fiscal year.」
The report cited both a decline in architectural coatings due to unfavorable weather and an increase in aerosol products through the acquisition of new customers, while total coatings revenue declined. - FY2018-Q3RestatedAnnual report
「In Coatings, architectural coatings declined due to unfavorable weather, while aerosol products grew through the acquisition of new customers and increased demand for existing products. Net sales nevertheless fell below the same period of the previous year.」
Architectural coatings declined due to unfavorable weather, and the growth in aerosol products was insufficient to offset the decline, leaving total coatings sales below the same period of the previous year. - FY2018-Q2WorsenedAnnual report
「In Coatings, architectural coatings declined due to unfavorable summer weather, while aerosol products increased on the acquisition of new customers. Net sales nevertheless fell below the same period of the previous year.」
For architectural coatings, which had been described in the previous quarter as benefiting from stronger renovation demand, the current report described a decline due to unfavorable summer weather and lower sales. - FY2018-Q1MitigatedAnnual report
「In Paints, demand for architectural paints increased for renovation applications, while paint aerosols increased through the acquisition of new customers, resulting in revenue above the year-earlier period.」
The description changed from a decline due to sluggish renovation demand for architectural coatings, reported through the previous quarter, to an increase in renovation demand. - FY2017-Q3RestatedAnnual report
「In Coatings, sales of aerosol products increased, but architectural coatings declined due to sluggish renovation demand, fewer construction projects caused by unfavorable weather and the impact of customers building inventories from the end of the previous fiscal year ahead of the consumption tax increase. Net sales fell below the same period of the previous year.」
The factors behind the decline, namely sluggish renovation demand for architectural coatings, unfavorable weather and inventory build-up, continued to be reported. - FY2017-Q2First statedAnnual report
「In Coatings, sales of aerosol products increased, but architectural coatings declined due to sluggish renovation demand, fewer construction projects caused by unfavorable weather and the impact of customers building inventories from the end of the previous fiscal year ahead of the consumption tax increase. Net sales fell below the same period of the previous year.」
For architectural coatings, sluggish renovation demand, fewer projects due to unfavorable weather and inventory build-up ahead of the consumption tax increase were specifically described for the first time as factors behind the decline in demand.