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Hodogaya Chemical (4112) · FactMitigatedLatest Financial Results Briefing Materials (2026-08-06): "Advanced"

Growing demand for hydrogen peroxide for industrial chemicals and veterinary drugs

First written in FY2017-Q2. 9 of 26 entries say "Restated". Latest entry: 2026-08-06.

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Same theme, other companies
Higher revenue in the core chemicals business driven by expanding demand for industrial gasesA theme 4 companies write about · 0 as a headwind · 5 as a tailwind

0 other companies' latest entry also says "Advanced".

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  1. 2026-08-06AdvancedFinancial Results Briefing Materials

    「Although sales of sodium percarbonate declined, hydrogen peroxide recorded a substantial increase in revenue owing to higher demand from the semiconductor and pulp and paper industries.」

    Hydrogen peroxide shifted from weak semiconductor demand and lower pulp and paper sales through the previous fiscal year to a substantial increase in revenue owing to higher demand from both applications.
  2. FY2026MitigatedAnnual report

    「Although sales of hydrogen peroxide for paper and pulp applications declined, revenue was maintained at roughly the same level as the previous fiscal year due to increased demand for semiconductor applications.」

    After revenue declined in the interim period due to sluggish semiconductor demand and lower paper and pulp sales, it recovered to roughly the previous fiscal year's level for the full fiscal year as semiconductor demand increased.
  3. 2026-05-15MitigatedFinancial Results Briefing Materials

    「Sales of hydrogen peroxide were broadly unchanged year on year. Although sales to the pulp and paper industry declined, demand from the semiconductor industry increased.」

    The increase in semiconductor demand offset lower sales to the pulp and paper industry, reducing the impact from the substantial decline reported for the previous interim period.
  4. FY2026-H1WorsenedAnnual report

    「Hydrogen peroxide revenue declined due to sluggish demand for semiconductor applications and lower sales for paper and pulp applications following civil rehabilitation proceedings involving a major customer in the previous quarter.」

    In addition to sluggish demand for semiconductor applications, lower sales for paper and pulp applications associated with civil rehabilitation proceedings involving a major customer were identified as factors behind the decline in hydrogen peroxide revenue.
  5. FY2025-H1ReframedAnnual report

    「Hydrogen peroxide sales increased for paper and pulp applications, but demand recovery for semiconductor applications was delayed, resulting in revenue at roughly the same level as the year-earlier period.」

    The business shifted from revenue growth driven by price pass-through in the previous fiscal year and strong demand in the semiconductor market to a situation in which increased paper and pulp sales coexisted with delayed recovery in semiconductor demand, resulting in revenue at roughly the same level as the year-earlier period.
  6. FY2024-Q3RestatedAnnual report

    「Although demand for hydrogen peroxide declined in some areas, revenue was maintained at roughly the same level as the year-earlier period as higher costs were passed through to prices.」

    The pattern of maintaining hydrogen peroxide revenue at roughly the same level as the year-earlier period through price pass-through of higher costs, despite a decline in demand in some areas, has continued.
  7. FY2024-Q2SoftenedAnnual report

    「Hydrogen peroxide remained at the same level as in the same period of the previous year, as the company passed on higher raw-material costs through pricing despite some areas experiencing lower demand.」

    From revenue growth driven by a recovery in demand in the previous quarter, performance weakened to roughly the same level as the year-earlier period due to a decline in demand in some areas and price pass-through.
  8. FY2023-Q3RestatedAnnual report

    「Hydrogen peroxide reported higher revenue as demand from industrial chemicals remained strong, led by the semiconductor market, while demand from paper and pulp customers remained firm amid the recovery in economic activity.」

    Higher revenue driven by strong demand from industrial chemicals led by the semiconductor market and firm demand from paper and pulp customers amid the recovery in economic activity has continued.
  9. FY2023-Q1SoftenedAnnual report

    「Hydrogen peroxide reported higher revenue as demand from paper and pulp customers remained firm amid the recovery in economic activity, while demand from industrial chemicals remained strong, led by the semiconductor market.」

    Higher revenue driven by demand from paper and pulp customers and industrial chemicals has continued, but this time it is described as higher revenue rather than the substantial increase in revenue reported for the previous full fiscal year.
  10. FY2022RestatedAnnual report

    「Hydrogen peroxide reported a substantial increase in revenue as demand from paper and pulp customers and other applications recovered from the COVID-19 pandemic, while demand from industrial chemicals remained strong, led by the semiconductor market.」

    The recovery in demand from paper and pulp customers and strong demand from industrial chemicals, led by the semiconductor market, have continued.
  11. FY2022-Q3RestatedAnnual report

    「Meanwhile, hydrogen peroxide reported a substantial increase in revenue as demand from paper and pulp customers and other applications recovered from the COVID-19 pandemic, while demand from industrial chemicals remained strong, led by the semiconductor market.」

    The substantial increase in revenue driven by the recovery in demand from paper and pulp customers and strong demand from industrial chemicals led by the semiconductor market has continued.
  12. FY2022-Q2AdvancedAnnual report

    「Meanwhile, hydrogen peroxide reported a substantial increase in revenue as demand from paper and pulp customers and other applications recovered from the COVID-19 pandemic, while demand from industrial chemicals remained strong, led by the semiconductor market.」

    The recovery in demand from paper and pulp customers and strong demand from industrial chemicals led by the semiconductor market resulted in a substantial increase in hydrogen peroxide revenue.
  13. FY2022-Q1AdvancedAnnual report

    「Meanwhile, hydrogen peroxide reported higher revenue as demand from paper and pulp customers and other applications recovered from the COVID-19 pandemic, while demand from industrial chemicals remained strong, led by the semiconductor market.」

    The recovery in demand from paper and pulp customers, together with strong demand from industrial chemicals led by the semiconductor market, emerged as higher revenue.
  14. FY2021-Q2SoftenedAnnual report

    「Hydrogen peroxide reported lower revenue as the COVID-19 pandemic reduced demand from paper and pulp customers, but demand from industrial chemicals has recently been recovering, led by the semiconductor market.」

    While lower demand and revenue from paper and pulp customers have continued, an explanation has been added that demand from industrial chemicals is recovering, led by the semiconductor market.
  15. FY2021-Q1WorsenedAnnual report

    「Meanwhile, hydrogen peroxide reported a substantial decline in revenue as the COVID-19 pandemic impaired operations at paper and pulp manufacturers and reduced demand for linen as the number of travellers declined.」

    The deterioration in operations at paper and pulp manufacturers and lower demand for linen due to fewer travellers contributed to the substantial decline in hydrogen peroxide revenue.
  16. FY2020-Q3ReframedAnnual report

    「Hydrogen peroxide remained at the same level as in the same period of the previous year as demand related to paper and pulp declined while demand related to semiconductors increased.」

    The explanation has changed from higher demand for industrial chemicals, animal pharmaceuticals and other applications to a pattern in which higher semiconductor-related demand offsets lower demand related to paper and pulp.
  17. FY2020-Q1AdvancedAnnual report

    「Hydrogen peroxide and hydrogen peroxide derivatives reported higher revenue as demand increased for industrial chemicals and other applications.」

    For hydrogen peroxide-related products, for which lower demand was reported in the previous fiscal year, higher revenue due to increased demand from industrial chemicals and other applications is now cited.
  18. FY2019ReframedAnnual report

    「Demand for hydrogen peroxide from paper and pulp and environmental applications, among others, declined, but demand from industrial chemicals and other applications increased, leaving revenue at the same level as in the previous fiscal year.」

    Higher demand from industrial chemicals and other applications offset the decline in demand from paper and pulp and environmental applications, with the explanation changing from lower revenue to revenue at the same level as in the previous fiscal year.
  19. FY2019-Q3RestatedAnnual report

    「Hydrogen peroxide reported lower revenue as demand from paper and pulp and environmental applications, among others, declined.」

    Declining demand from paper and pulp and environmental applications, among others, and lower revenue have continued.
  20. FY2019-Q2RestatedAnnual report

    「Hydrogen peroxide reported lower revenue as demand from paper and pulp and environmental applications, among others, declined.」

    Declining demand from paper and pulp and environmental applications, among others, and lower revenue have continued.
  21. FY2019-Q1Reversal to lower demandAnnual report

    「Hydrogen peroxide reported lower revenue as demand from paper and pulp and environmental applications, among others, declined.」

    The explanation has reversed from higher revenue due to increased demand from paper and pulp and environmental applications, among others, to lower revenue due to declining demand.
  22. FY2018-Q3ReframedAnnual report

    「Hydrogen peroxide reported higher revenue as demand increased in environmental applications and for animal pharmaceuticals, among others.」

    The trend of higher demand for hydrogen peroxide in non-paper-and-pulp applications has continued, but the demand sources cited have changed from industrial chemicals and other applications to environmental applications and animal pharmaceuticals, among others.
  23. FY2018-Q2RestatedAnnual report

    「Hydrogen peroxide reported higher revenue as demand increased not only from paper and pulp customers but also from industrial chemicals and other applications.」

    Higher demand from industrial chemicals and other applications, in addition to paper and pulp, continues to drive higher revenue from hydrogen peroxide.
  24. FY2018-Q1RestatedAnnual report

    「Hydrogen peroxide reported higher revenue as demand increased not only from paper and pulp customers but also from industrial chemicals and other applications.」

    Higher demand from industrial chemicals and other applications, in addition to paper and pulp, continues to drive higher revenue in the Hydrogen Peroxide Business.
  25. FY2017-Q3RestatedAnnual report

    「The Hydrogen Peroxide Business reported lower revenue for its core paper and pulp customers due to lower demand, but revenue increased as demand from industrial chemicals and animal pharmaceuticals rose.」

    The pattern of higher demand from industrial chemicals and animal pharmaceuticals offsetting lower revenue from paper and pulp customers has continued.
  26. FY2017-Q2First statedAnnual report

    「The hydrogen peroxide business recorded higher revenue as demand for industrial chemicals and animal pharmaceuticals increased, despite lower revenue from its core pulp and paper customers due to lower demand and intensifying competition.」

    Demand from industrial chemicals and animal pharmaceuticals is newly identified as a source of growth offsetting lower revenue from pulp and paper customers.
Moved together

"Return to operating profitability despite lower revenue" moved the same way as this thread, in the same document, in 8 of its 26 moves.

888877★123456
  1. ★This thread
  2. 1Return to operating profitability despite lower revenue8×
  3. 2Resilient demand for urethane raw materials in Japan and overseas8×
  4. 3Revenue growth in the Functional Resins segment8×
  5. 4Revenue growth in the basic chemicals segment8×
  6. 5Addition of the Logistics-Related Segment and Winning New Projects7×
  7. 6Acquisition of large waterproofing projects7×

★ 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.

When this could move next
Hodogaya Chemical's next results are scheduled for 2026-11-11. Read the earnings preview It last moved in the Financial Results Briefing Materials of 2026-08-06: "Advanced".
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