Weak Domestic Demand for Cement and Ready-Mixed Concrete and Impact of Natural Disasters
First written in FY2020-Q3. 8 of 18 entries say "Worsened", first in FY2021-Q1. Latest entry: 2026-08-07.
Ube moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Other".
- FY2026-H1WorsenedAnnual report
「Although sales price corrections from April 2025 had a positive effect on the domestic cement business, equity-method investment income from the cement-related business declined due to scheduled maintenance at an IPP power plant in the environmental and energy business, which is conducted every other year, as well as lower ready-mixed concrete sales volume in the overseas market, particularly North America. As a result, equity-method investment income related to this business decreased by ¥1.286 billion from the previous interim consolidated accounting period to ¥6.814 billion.」
Although price revisions had an effect, equity-method investment income decreased by ¥1,286 million year on year due to scheduled maintenance at the IPP power plants and a decline in ready-mixed concrete sales volumes in North America. - FY2025-H1MitigatedAnnual report
「Although cement sales volume declined in both the domestic and overseas markets, particularly North America, sales price corrections implemented in the previous consolidated fiscal year contributed to higher equity-method investment income from the cement-related business. As a result, equity-method investment income related to this business increased by ¥1.226 billion from the previous interim consolidated accounting period to ¥8.1 billion.」
Cement sales volume declined in both Japan and North America, but equity-method investment income increased by ¥1.226 billion year on year to ¥8.1 billion due to the previous fiscal year’s sales price corrections, partly mitigating the impact of weak demand and higher costs. - FY2024MitigatedAnnual report
「Equity-method investment income related to this business increased by ¥27.226 billion from the cumulative consolidated period for the same quarter of the previous year to ¥10.21 billion.」
The cement-related business significantly improved its equity-method investment income through sales price corrections, cost improvements, and the recovery of shipments and higher prices in North America. - FY2024-Q3MitigatedAnnual report
「In the domestic market, cement sales volume declined, but the company corrected sales prices to reflect soaring energy prices, including coal, and improved costs. In the overseas market, particularly North America, shipments of ready-mixed concrete that had been delayed by adverse weather in the fourth quarter of the previous fiscal year resumed, and profitability improved as sales prices also increased. As a result, the cement-related business’s earnings improved significantly. Equity-method investment income related to this business increased by ¥27.226 billion from the cumulative consolidated period for the same quarter of the previous year to ¥10.21 billion.」
The cement-related business improved profitability through sales price corrections, cost improvements, and the recovery of shipments and higher prices in North America, while equity-method investment income improved from a loss in the same period of the previous year to a profit of ¥10.21 billion. - FY2024-Q2MitigatedAnnual report
「In the domestic market, cement sales volume declined, but the company corrected sales prices to reflect soaring energy prices, including coal, and improved costs. In the overseas market, particularly North America, shipments of ready-mixed concrete that had been delayed by adverse weather in the fourth quarter of the previous fiscal year resumed, and profitability improved as sales prices also increased. As a result, the cement-related business’s earnings improved significantly. Equity-method investment income related to this business increased by ¥19.561 billion from the cumulative consolidated period for the same quarter of the previous year to ¥6.874 billion.」
Although domestic sales volume declined, profitability improved through sales price corrections, cost improvements, the recovery of shipments in North America and higher sales prices, causing equity-method investment income to shift from a loss in the same period of the previous year to a profit of ¥6.874 billion. - FY2024-Q1MitigatedAnnual report
「In the domestic market, cement sales volume declined, but the company corrected sales prices and improved costs in response to soaring energy prices, including coal. In the overseas market, particularly North America, ready-mixed concrete shipments that had been delayed by adverse weather in the fourth quarter of the previous fiscal year recovered, and profitability improved as sales prices also increased. As a result, equity-method investment income related to this business increased by ¥6.595 billion from the cumulative consolidated period for the same quarter of the previous year to ¥2.398 billion.」
Although domestic sales volume declined, profitability improved through sales price corrections, cost improvements and the recovery of shipments in North America, causing equity-method investment income to shift from a loss to a profit of ¥2.398 billion. - FY2023WorsenedAnnual report
「As a result, the equity-method investment loss related to this business was ¥15.786 billion.」
Following the transfer of the cement-related business, the gradual decline in domestic demand and continued increases in energy prices, including coal, resulted in an equity-method investment loss of ¥15.786 billion related to UBE Mitsubishi Cement. - FY2023-Q3WorsenedAnnual report
「In the domestic market, sales volume remained at the same level as in the corresponding period of the previous year despite a gradual decline in domestic cement demand, but was significantly affected by soaring energy prices, including coal. As a result, the equity-method investment loss related to this business was ¥15.786 billion.」
The gradual decline in domestic cement demand and the impact of soaring energy prices, including coal, continued, and the equity-method investment loss related to UBE Mitsubishi Cement was ¥15.786 billion. - FY2023-Q2WorsenedAnnual report
「In the domestic market, sales volume remained at the same level as in the corresponding period of the previous year despite a gradual decline in domestic cement demand, but was significantly affected by soaring energy prices, including coal. In the overseas market, particularly North America, demand for cement and ready-mixed concrete remained firm.」
In the domestic market of UBE Mitsubishi Cement, the gradual decline in domestic cement demand was compounded by the significant impact of soaring energy prices, including coal. The equity-method investment loss related to this business was ¥11.77 billion. - FY2023-Q1WorsenedAnnual report
「In the domestic market, sales volume remained at the same level as in the corresponding period of the previous year despite a gradual decline in domestic cement demand, but was significantly affected by soaring energy prices, including coal.」
For the equity-method affiliate in the cement-related business, the company stated that the gradual decline in domestic cement demand, together with soaring energy prices, including coal, had a significant impact. - FY2022-Q2Additional impact from heavy rain and other weather conditionsAnnual report
「The cement and ready-mixed concrete business recorded lower revenue as shipments declined due to the winding down of earthquake reconstruction projects, the post-project decline following the Shinkansen extension, and the impact of heavy rain and other weather conditions. The application of the revenue recognition accounting standard and related standards also had a significant impact, particularly on sales subsidiaries.」
In addition to the completion of earthquake reconstruction projects and the post-project decline following the Shinkansen extension, the company identified heavy rain and other weather conditions as factors behind the decline in shipments. An additional factor behind weak domestic demand for cement and ready-mixed concrete was identified. - FY2022-Q1Decline in shipments following the completion of construction projectsAnnual report
「The cement and ready-mixed concrete business recorded lower revenue as shipments declined due to the winding down of earthquake reconstruction projects and the post-project decline following the extension of the Shinkansen, while the application of the revenue recognition accounting standard and related standards also had a significant impact, particularly on sales subsidiaries.」
Separately from the stagnation in public works projects caused by COVID-19, the company identified the completion of earthquake reconstruction projects and the post-project decline following the Shinkansen extension as factors behind the decline in shipments. - FY2021WorsenedAnnual report
「Domestic cement demand fell to 39 million tonnes, the lowest level since 1990, while shipments remained weak due to delays in public works projects and construction stoppages caused by the impact of COVID-19.」
Domestic cement demand fell to 39 million tonnes, the lowest level since 1990, and demand weakness deepened as a result of delays in public works projects and construction stoppages. - FY2021-Q3WorsenedAnnual report
「Although the cement and ready-mixed concrete business was affected by delays in public works projects and the suspension of construction work, particularly by major general contractors, revenue increased because a consolidated subsidiary absorbed and merged with a non-consolidated subsidiary.」
The impact of delays in public works projects and construction stoppages, particularly by major general contractors, continued. Although the business itself recorded higher revenue due to the absorption merger, demand-side risks remain. - FY2021-Q1WorsenedAnnual report
「The cement and ready-mixed concrete business recorded lower revenue as shipments declined due to delays in public works projects and the suspension of construction work, particularly by major general contractors, amid the impact of COVID-19.」
In addition to the domestic demand weakness and natural disaster impacts identified in the previous quarter, shipments declined due to delays in public works projects and construction stoppages. - FY2020-Q3First statedAnnual report
「The cement and ready-mixed concrete business recorded lower revenue as domestic demand remained weak due to fewer operating days and the impact of natural disasters.」
Domestic demand for cement and ready-mixed concrete weakened due to fewer operating days and the impact of natural disasters, resulting in an actual decline in revenue. This was identified for the first time as a domestic-demand risk distinct from existing export supply-demand risks and seasonality.