Decline in cement export prices due to worsening supply-demand conditions in China and Southeast Asia
First written in FY2016. 2 of 5 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2018.
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- FY2018RestatedAnnual report
「Accordingly, the Group is implementing measures including maintaining operating capacity through exports, expanding the processing of resource-recycling waste accepted for a fee in the cement production process, and reducing various expenses.」
Sluggish domestic cement demand and measures involving exports, resource recycling and cost reductions continued to be highlighted. - FY2017-Q3RestatedAnnual report
「Cement exports remained firm in terms of shipments, but market conditions continued to show signs of softening.」
It was reiterated that cement export volumes remained firm while market conditions continued to soften. - FY2017-Q2MaterialisedAnnual report
「Cement exports remained firm in terms of shipment volumes, but market conditions continued to soften.」
While cement export volumes remained firm, market conditions continued to soften against a backdrop of increased supplies from China and other factors. - FY2017-Q1MaterialisedAnnual report
「Exports were affected by weaker market conditions due to increased supplies of Chinese products, particularly in Southeast Asia.」
Cement export market conditions actually weakened due to increased supplies of Chinese products. - FY2016First statedAnnual report
「Supply-demand conditions for exports deteriorated rapidly due to declining domestic demand in China and increased production capacity in Southeast Asian countries, among other factors, causing export prices to fall and weighing on earnings.」
Expansion of waste treatment and cost reductions were also listed as countermeasures.