Stalled capital investment and weakness in export industries
First written in FY2017-Q2. 14 of 30 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-11-12.
Nichiban moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 77 of 99 companies on the "Worse" side.
27 other companies' latest entry also says "Worsened".
- 2026-11-12WorsenedResults
「産業用テープ市場におきましては、中東情勢の悪化に伴うサプライチェーンの寸断により、出荷制限や一時的な受注停止等を余儀なくされたことに加え、原材料価格高騰に伴う価格改定を実施する等、依然として厳しい販売環境が続きました。」
産業用テープ市場でサプライチェーン寸断による出荷制限・受注停止が実際に発生したことを記載している。 - FY2026RestatedAnnual report
「In the industrial tape market, the sales environment remained challenging because of intensifying market competition, changes in the external environment and other factors.」
The difficult sales environment caused by intensifying competition in the industrial tape market and external conditions continues. - FY2026-H1WorsenedAnnual report
「In the industrial tape market, uncertainty arose from factors including US tariff measures, and the difficult sales environment continued.」
In the industrial tape market, uncertainty stemming from US tariff measures was specifically identified in addition to the previous factors, including the semiconductor shortage and raw material prices. - FY2025-H1SoftenedAnnual report
「New-vehicle sales were beginning to improve as the impact of some automakers suspending shipments eased, but the uncertain sales environment continued.」
While the impact of automakers' shipment suspensions eased and new-vehicle sales improved, uncertainty in the sales environment continued. - FY2024-Q2RestatedAnnual report
「Market conditions improved for automakers as the impact of the semiconductor shortage eased, but the uncertain sales environment continued due to factors including weaker consumption caused by surging raw material costs.」
While recognizing the easing impact of the semiconductor shortage and improving market conditions for automakers, the disclosure indicates that weaker consumption caused by surging raw material costs and uncertainty continued. - FY2024-Q1SoftenedAnnual report
「Automakers affected by the semiconductor shortage saw market conditions improve as the impact of the shortage eased, but the uncertain sales environment continued due to factors including weaker consumption caused by surging raw material costs.」
The easing impact of the semiconductor shortage and improving market conditions for automakers indicate some improvement from before, but weaker consumption caused by surging raw material costs and uncertainty continued. - FY2023-Q3WorsenedAnnual report
「Under these conditions, product discontinuations caused by suspended supplies of raw materials compounded the situation, and sales of vehicle masking tape fell significantly below the year-earlier level. Meanwhile, the company promoted "Cellotape®" through a dedicated website as an environmentally friendly product made from natural materials, gaining support from many local governments and companies as part of its SDGs initiatives.」
In addition to the previous production cuts by automakers and parts supply shortages, product discontinuations occurred due to suspended supplies of raw materials, causing sales of vehicle masking tape to fall significantly below the year-earlier level. - FY2023-Q2WorsenedAnnual report
「Under these conditions, sales of vehicle masking tape fell significantly below the previous year's level as the production cuts by automakers coincided with product discontinuations caused by suspended supplies of raw materials. Meanwhile, the company promoted "CellotapeⓇ" as an environmentally friendly product made from natural materials through a dedicated website, newspaper advertisements and other channels, gaining support from many local governments and companies as part of its SDGs initiatives.」
In addition to production cuts by automakers, product discontinuations occurred due to suspended supplies of raw materials, causing sales of vehicle masking tape to fall significantly below the previous year's level. - FY2023-Q1MaterialisedAnnual report
「Meanwhile, production cuts by automakers due to the global semiconductor shortage caused sales of vehicle masking tape to fall significantly below the previous year's level, and sales for the industrial products field as a whole also fell below the year-earlier level.」
Production cuts by automakers due to the semiconductor shortage were reflected in vehicle masking tape sales and sales in the industrial products field as a whole falling below the previous year's level. - FY2022WorsenedAnnual report
「The uncertain sales environment continued due to factors including production cuts by automakers caused by the semiconductor shortage and rising raw material prices.」
In addition to the previous production cuts caused by the semiconductor shortage and rising raw material prices, the impact of the situation in Ukraine is described as a factor contributing to uncertainty for automotive-related products. - FY2022-Q3RestatedAnnual report
「The lifting of activity restrictions as COVID-19 cases declined led to some recovery depending on the region and industry, but the uncertain sales environment continued due to factors including production cuts by automakers caused by the semiconductor shortage and rising raw material prices.」
The industrial tape market continued to face an uncertain sales environment, despite some recovery, including production cuts by automakers due to the semiconductor shortage and rising raw material prices. - FY2022-Q2WorsenedAnnual report
「In the industrial tape market, some recovery was seen depending on the region and industry as COVID-19 vaccinations progressed, but the uncertain sales environment continued due to factors including production cuts by automakers caused by the semiconductor shortage and rising raw material prices.」
While recognizing a partial recovery, the disclosure specifically identified production cuts by automakers due to the semiconductor shortage and rising raw material prices as new factors weighing on conditions. - FY2022-Q1SoftenedAnnual report
「In the industrial tape market, new-vehicle sales in the automotive industry were on a recovery trend as COVID-19 vaccinations progressed worldwide, and sales of industrial paint masking tape were also recovering. However, the semiconductor shortage remained serious, and the uncertain sales environment continued.」
New-vehicle sales and industrial paint masking tape showed signs of recovery, representing a partial improvement from the previous broad-based weakness. Meanwhile, the semiconductor shortage and uncertainty about the outlook continued. - FY2021WorsenedAnnual report
「In the industrial tape market, production adjustments by automakers due to the spread of COVID-19 and the semiconductor shortage caused industrial paint masking tape to remain sluggish, resulting in an overall difficult sales environment.」
Production adjustments by automakers due to COVID-19 and the semiconductor shortage added to the continuing difficult sales environment in the industrial tape market. - FY2021-Q3SoftenedAnnual report
「In the industrial tape market, the spread of COVID-19 created an overall difficult sales environment. Although masking tape for new vehicles in the automotive industry was on a recovery trend, masking tape for automotive repairs and construction remained sluggish.」
The market as a whole remained difficult, but masking tape for new vehicles showed signs of recovery, indicating a shift from the broad-based deterioration in demand described previously to a situation that included partial recovery. - FY2021-Q1WorsenedAnnual report
「In the industrial tape market, the spread of COVID-19 created an overall difficult sales environment, including the suspension of operations at large factories such as automobile plants and the closure of various stores.」
The spread of COVID-19 led to the suspension of operations at large factories such as automobile plants and the closure of stores, worsening the sales environment in the industrial tape market. - FY2020WorsenedAnnual report
「Under these conditions, sales of paint masking tape products fell below the previous year's level as new-vehicle production declined following the reaction to the consumption tax increase. Sales of the food-bundling "TabunelaTM Tape" also fell below the previous year's level, affected by typhoon No. 19 and other natural disasters that impacted produce and other products.」
In addition to the market environment of postponed capital investment and declining semiconductor demand, the reaction to the consumption tax increase, lower new-vehicle production and reduced demand due to typhoons and other natural disasters were reflected in actual product sales falling below the previous year's level. - FY2020-Q3RestatedAnnual report
「In the industrial tape market, the postponement of capital investment began against a backdrop of concern over US-China trade friction and the slowdown in the Chinese economy, as well as declining global demand for semiconductors, resulting in a difficult sales environment overall.」
The industrial tape market is described as remaining in a difficult environment, with capital investment postponements continuing against a backdrop of US-China trade friction, the slowdown in the Chinese economy and declining semiconductor demand. - FY2020-Q2WorsenedAnnual report
「In the industrial tape market, the postponement of capital investment began against a backdrop of concern over US-China trade friction and the slowdown in the Chinese economy, as well as declining global demand for semiconductors, resulting in a difficult sales environment overall.」
The decline in global semiconductor demand is newly identified as a factor behind the beginning of capital investment postponements. Sales of packaging tape and food-bundling tape also fell below the previous year's level. - FY2020-Q1WorsenedAnnual report
「In the industrial tape market, the postponement of capital investment began against a backdrop of concern over US-China trade friction and the slowdown in the Chinese economy, as well as declining global demand for semiconductors, resulting in a difficult sales environment overall.」
The deterioration in the industrial tape market environment is described as resulting from the beginning of capital investment postponements against a backdrop of declining global demand for semiconductors. - FY2019-Q3SoftenedAnnual report
「In the industrial tape market, the gradual recovery of the domestic economy led to a recovery in sales of paint masking tape products and adhesive tape products used in the manufacturing processes of electrical and industrial products. Sales of packaging adhesive tape products, including "CellotapeⓇ," which marked its 70th anniversary since launch, and food-packaging tape products also recovered, albeit gradually, and sales in this field exceeded the previous year's level.」
The description has changed from stagnant sales of packaging and paint masking tapes and weak demand for food-packaging tape in the previous quarter to a recovery in sales across multiple products, with sales in the industrial products field exceeding the previous year's level. - FY2019-Q2WorsenedAnnual report
「In the industrial tape market, the gradual recovery of the domestic economy led to a recovery in sales of some products, including electrical insulation tapes used in the manufacturing processes of electrical products. Sales of packaging adhesive tapes and paint masking tape products remained at around the previous year's level. In addition, demand for the food-packaging "TabunelaTM Tape" was weak as the volume of vegetables distributed declined due to extremely hot weather, typhoons and other factors.」
While a partial recovery in electrical insulation tapes was described, the disclosure also specifically noted stagnant sales of packaging and paint masking tapes, as well as weak demand for food-packaging tape due to extremely hot weather and typhoons. - FY2019-Q1WorsenedAnnual report
「In the industrial tape market, the continued gradual recovery of the domestic economy led to a recovery in sales of electrical insulation tapes used in the manufacturing processes of electrical products, but demand for paint masking tape products for the automotive and construction industries was beginning to stagnate.」
While a recovery in electrical insulation tapes was described, demand for paint masking tapes for the automotive and construction industries was said to be beginning to stagnate, indicating a shift from the recovery trend in the previous quarter to factors weighing on performance. - FY2018-Q2SoftenedAnnual report
「In the industrial tape market, the continued gradual recovery of the domestic economy also led to a recovery in sales of paint masking tape products for the automotive and construction industries, as well as electrical insulation tapes used in the manufacturing processes of electrical products.」
Rather than the previously cited stalled capital investment and weakness in export industries, the discussion describes a recovery in the domestic economy and in sales of products for the automotive, construction and electrical products industries. - FY2018-Q1SoftenedAnnual report
「In the industrial tape market, the continued gradual recovery of the domestic economy also led to a recovery in sales of paint masking tape products for the automotive industry.」
Rather than the previously cited stalled capital investment and weakness in export industries, the discussion describes a recovery in the domestic economy and in sales of products for the automotive industry. - FY2017RestatedAnnual report
「The difficult sales environment resulted from stalled capital investment and weakness in some export industries.」
Stalled capital investment and weakness in some export industries continue to be identified as risks in the industrial products market. - FY2017-Q3RestatedAnnual report
「In the industrial tape market, domestic consumption continued to recover gradually, but the difficult sales environment resulted from stalled capital investment amid uncertainty over the international economic situation and weakness in some export industries.」
Stalled capital investment and weakness in some export industries continue to be described as factors behind the difficult sales environment in the industrial products field. - FY2017-Q2First statedAnnual report
「In the industrial tape market, domestic consumption continued to recover gradually, but the difficult sales environment resulted from stalled capital investment amid uncertainty over the international economic situation and weakness in some export industries.」
Stalled capital investment amid uncertainty over the international economic situation and weakness in export industries were specifically identified as new risks to the sales environment in the industrial products field.