Decline in Demand for Calcia and Magnesia Due to Economic Deterioration in China and Elsewhere
First written in FY2020-Q3. 3 of 6 entries say "Restated". Latest entry: FY2022-Q2.
The whole theme swung hardest in 2019: 17 of 38 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「The Calcia and Magnesia business reported higher revenue as sales volumes increased on the recovery in demand for quicklime for the steel industry and magnesia for the steel and power industries.」
Demand recovery and higher sales volumes continued for products for the steel and power industries, reaffirming the easing of the impact from sluggish demand and declining shipments through the previous fiscal year. - FY2022-Q1MitigatedAnnual report
「The Calcia and Magnesia business reported higher revenue as sales volumes increased on the recovery in demand for quicklime for the steel industry and magnesia for the steel and power industries.」
Sales volumes increased as demand from the steel and power industries recovered, easing the impact of sluggish demand and declining shipments through the previous fiscal year. - FY2021RestatedAnnual report
「Shipments of calcia and magnesia products declined due to sluggish demand, particularly from the steel industry.」
Sluggish demand for calcia and magnesia, mainly from the steel and power industries, and declining shipments have continued. - FY2021-Q3RestatedAnnual report
「The Calcia and Magnesia business reported lower revenue because sales volumes of quicklime for the steel industry and magnesia for the steel and power industries declined.」
The continued decline in sales volumes of products for the steel and power industries became a factor in the revenue decline of the Calcia and Magnesia business. - FY2021-Q1WorsenedAnnual report
「The Calcia and Magnesia business reported lower revenue because sales volumes of quicklime for the steel industry and magnesia for the steel and power industries declined.」
In the Calcia and Magnesia business, the continued decline in sales volumes of products for the steel and power industries was reflected in lower revenue. - FY2020-Q3First statedAnnual report
「The Calcia and Magnesia business reported lower revenue despite the effects of price revisions for magnesia for the steel and power industries, mainly because the decline in sales volumes resulting from economic deterioration in China and other markets had a significant impact.」
Sales volumes of magnesia for the steel and power industries and other products declined due to economic deterioration in China and other markets, becoming a greater factor in the revenue decline than the effects of price revisions. This was the first disclosure of a demand risk specific to the Calcia and Magnesia business.