Risk of changes in customers' business environments and research and development activities
First written in FY2017. 12 of 24 entries say "Materialised", first in FY2018-Q1. Latest entry: 2026-11-13.
No other company in this theme has enough history to compare yet.
- FY2025Improving demand alongside industry restructuringAnnual report
「Although market conditions for semiconductors and electronic materials are showing signs of recovery, the chemical industry as a whole is advancing business-structure reforms, including the consolidation of production facilities and withdrawal from unprofitable businesses.」
The filing describes a recovery in market conditions for semiconductors and electronic materials, while explaining that the chemical industry as a whole is advancing structural reforms such as facility consolidation and withdrawal from unprofitable businesses. - FY2025-H1Signs of a recovery in demand alongside contraction of transactions with major customersAnnual report
「Signs of a recovery have begun to emerge in demand for semiconductors and electronic materials. In the contract distillation business, although the impact of the contraction of transactions with some major customers remains, demand for semiconductors and electronic materials is improving gradually.」
The filing describes signs of recovery and gradual improvement in demand for semiconductors and electronic materials, while stating that the impact of the contraction of transactions with some major customers remains. Recovery factors and existing concerns continue to coexist. - FY2024-Q2Partial recovery in market conditions alongside continued challenging conditionsAnnual report
「Although signs of a partial recovery have emerged in market conditions related to semiconductors and electronic materials, the business environment surrounding the Group remains challenging.」
The filing states that market conditions related to semiconductors and electronic materials are showing signs of a partial recovery, while challenging conditions continue. - FY2024-Q1WorsenedAnnual report
「In the contract distillation business, in addition to the contraction of transactions with some major customers that began in the previous fiscal year, the recovery in demand for semiconductors and electronic materials has been delayed, and a full-scale recovery has not yet been achieved.」
The filing states that, in addition to the contraction of transactions with major customers, the delayed recovery in demand for semiconductors and electronic materials has continued and a full-scale recovery has not been achieved. Revenue from the contract distillation business declined 40.7% year on year. - FY2023MaterialisedAnnual report
「The business environment surrounding the Group remains challenging, as the recovery in demand for semiconductors and electronic materials has been delayed.」
Changes in customers' business environment have been reflected in full-year results as a delayed recovery in demand for semiconductors and electronic materials and a decline in inquiries for related projects. - FY2023-Q3MaterialisedAnnual report
「The contract distillation business remained generally solid, but the contraction of transactions with major customers and a temporary decline in inquiries for electronic-materials projects resulted in revenue of ¥837.393 million, up 0.1% year on year, and segment profit of ¥329.570 million, down 5.1%.」
The contraction of transactions with major customers and the decline in inquiries for electronic-materials projects have been reflected in results as a 5.1% year-on-year decline in segment profit. - FY2023-Q2MaterialisedAnnual report
「The contract distillation business remained generally solid, but semiconductor manufacturers showed signs of adjusting inventories and reviewing capital investment plans, and the business has begun to slow as inquiries for electronic-materials projects declined.」
Inventory adjustments and reviews of capital investment plans by semiconductor manufacturers have been reflected in results as a decline in inquiries for electronic-materials projects. - FY2022-Q3MaterialisedAnnual report
「In the plant business, although 株式会社カイコー was consolidated as a subsidiary and intersegment revenue was recognized, project postponements due to COVID-19 and delivery delays caused by shortages of parts and materials resulted in plant business revenue of ¥75.09 million, down 33.3% year on year, and a segment loss of ¥37.971 million, compared with a segment loss of ¥38.613 million in the nine-month period ended the third quarter of the previous consolidated fiscal year.」
Customer- and project-related delays, together with delivery delays caused by shortages of parts and materials, have been reflected in results as a decline in revenue from the plant business. - FY2022-Q2MaterialisedAnnual report
「In the contract distillation business, revenue was ¥527.795 million, up 2.5% year on year, and segment profit was ¥195.338 million, up 17.8%, as the increase in projects for electronic materials outweighed the decline in petroleum-related projects.」
Changes in activities by customer and application have been reflected in results as a decline in petroleum-related projects and an increase in projects for electronic materials. - FY2021RestatedAnnual report
「The Group's customers operate in various industries, including electronic materials, pharmaceuticals and agrochemicals, and conduct business and research and development activities in response to changes in applicable laws and regulations and the economic environment. If these changes in laws and regulations or the economic environment cause changes in customers' activities, they may affect the Group's operating results and financial condition.」
The risk that changes in customers' responses to laws and regulations and the economic environment will affect operating results and financial condition remains present. - FY2020-Q3MaterialisedAnnual report
「In the contract distillation business, projects for electronic materials performed well despite inventory adjustments by some customers due to the impact of COVID-19 and other factors.」
Inventory adjustments by some customers due to the impact of COVID-19 have materialized as an impact on the contract distillation business. - FY2020-Q2MaterialisedAnnual report
「Although paid-supplied projects did not translate into revenue during the cumulative second quarter, due to the impact of certain customers' manufacturing cycles and other factors, projects for electronic materials performed well.」
Changes in customers' manufacturing cycles have been reflected in results as revenue not being recognized from paid-supplied projects. - FY2020-Q1RestatedAnnual report
「In the contract distillation business, projects for industrial materials performed well, but the business was affected by inventory adjustments by some major customers resulting from the US-China trade friction. As a result, revenue from the contract distillation business was ¥215.162 million and segment profit was ¥71.752 million.」
Inventory adjustments by some major customers against the backdrop of the US-China trade friction continue to be identified as affecting the contract distillation business. - FY2019MaterialisedAnnual report
「However, sales stagnated due to the impact of inventory adjustments by some major customers resulting from the US-China trade friction, and revenue for the fiscal year was ¥1,088.259 million, down 10.4% from the previous fiscal year.」
The filing states that inventory adjustments by major customers against the backdrop of the US-China trade friction were reflected in the results as a decline in full-year revenue. - FY2019-Q3MaterialisedAnnual report
「However, sales stagnated due to the impact of inventory adjustments by some major customers resulting from the US-China trade friction, and revenue for the cumulative third quarter was ¥746.101 million, down 7.5% year on year.」
The filing states that customers' inventory adjustments were reflected in the results as stagnant sales, leading to a year-on-year decline in revenue. - FY2019-Q2MaterialisedAnnual report
「Although research and development projects related to petroleum increased, supported by active research and development activities at companies, research and development support revenue was ¥96.586 million, down 20.3% year on year, due to a decline in research and development projects for electronic materials.」
Changes in customers' research and development activities were reflected in the results as a decline in research and development projects for electronic materials and in research and development support revenue. - FY2018RestatedAnnual report
「The Company's customers operate in various industries, including electronic materials, pharmaceuticals and agrochemicals, and conduct business and research and development activities in response to changes in laws and regulations and the economic environment. If such changes in laws and regulations or the economic environment lead to changes in customer activities, this may affect the Company's operating results and financial condition.」
The risk that changes in how customers respond to regulatory and economic conditions will affect operating results and financial condition remains. Revenue increased during the period, so this filing does not indicate a new deterioration event. - FY2018-Q3MaterialisedAnnual report
「The volume of transactions involving customer-supplied materials declined due to the impact of manufacturing cycles at some business partners and other factors.」
Changes in customers' manufacturing cycles continued to be reflected in the results as a decline in the volume of transactions involving customer-supplied materials. - FY2018-Q2RestatedAnnual report
「Orders from some major customers stagnated due to inventory adjustments.」
Stagnant orders due to inventory adjustments by major customers continue to occur. - FY2018-Q1MaterialisedAnnual report
「Orders from some major customers stagnated due to inventory adjustments.」
The filing states that changes in customers' business environments actually occurred as stagnation in order growth. - FY2017First statedAnnual report
「If changes in these laws and regulations or in the economic environment lead to changes in customer activities, this may affect the Company's operating results and financial condition.」
Changes in how customers in the electronic materials, pharmaceutical, agrochemical and other industries respond to regulatory and economic conditions are identified as a risk.