Steady performance in key applications and high-performance fibers in the Chemicals business
First written in FY2019-Q3. 7 of 23 entries say "Reframed", first in FY2021-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「High-performance fibers for environmental applications, particularly in solvent recovery, remained sluggish because inventory adjustments continued in China, while resins for automotive applications performed at about the same level as the previous year. Resins for electronic materials performed steadily in semiconductor applications, supported by strong memory demand for generative AI and other applications.」
The situation by application has been updated to show weak performance in high-performance fibers because of inventory adjustments in China, automotive applications at about the previous year's level, and steady semiconductor applications supported by memory demand for generative AI. - 2026-05-14ReframedEarnings
「環境関連向け高機能繊維は溶剤回収用途等が中国における在庫調整の継続により低調に推移しましたが、自動車関連向け樹脂は前年並みに推移し、電子材料関連向け樹脂は半導体用途が、生成AI用途等のメモリ需要好調を背景に堅調に推移しました。」
用途別の状況について、中国の在庫調整による環境関連向けの低調、自動車関連向けの前年並み、生成AI向けメモリ需要を背景とする電子材料関連の堅調を通期で記載している。 - FY2026-H1ReframedAnnual report
「High-performance fibers for environmental applications, particularly in solvent recovery, remained sluggish because inventory adjustments continued in China. Resins for electronic materials also remained sluggish in LCD applications because of price competition, but performed steadily in semiconductor applications on strong memory demand for generative AI and other applications. Resins for automotive applications recovered from the impact of production stoppages at some domestic automakers in the same period of the previous year and performed steadily.」
The company updated the situation by application: inventory adjustments in China and price competition in LCD applications were factors behind weak performance, while memory demand for generative AI applications and automotive-related demand remained steady or showed signs of recovery. - FY2025-H1ReframedAnnual report
「In the Chemicals business, resins for electronic materials performed steadily, supported by strong memory demand for generative AI applications and high-end display applications in the smartphone market. High-performance fibers for environmental applications remained sluggish because of weak market conditions in China, resins for automotive applications were affected by production stoppages at some domestic automakers, and resins for machine tools were affected by stagnant automotive production.」
The company updated the situation by application: electronic materials benefited from strong memory demand for generative AI applications and high-end displays, while high-performance fibers were affected by market conditions in China, automotive applications by production stoppages at some domestic automakers, and machine tool applications by stagnant automotive production. - FY2024-Q3Updated recovery and weakness factors by applicationAnnual report
「In the Chemicals business, high-performance fibers for environmental applications, particularly in solvent recovery, performed steadily, and resins for automotive applications remained on a recovery trend as demand recovered. Meanwhile, resins for electronic materials remained sluggish because of weak memory demand for smartphones and other products, while resins for machine tools remained sluggish because of China's economic slowdown.」
The company states that high-performance fibers for environmental applications remained steady and resins for automotive applications entered a recovery trend, while electronic materials were affected by weak memory demand for smartphones and other products and machine tools by China's economic slowdown. - FY2024-Q2Updated recovery and weakness factors by applicationAnnual report
「In the Chemicals business, high-performance fibers for environmental applications, particularly in solvent recovery, and resins for insulation materials for non-residential applications such as warehouses performed steadily. Resins for automotive applications also increased as domestic vehicle production recovered. Meanwhile, resins for electronic materials remained sluggish because of weak memory demand for smartphones and other products, while resins for machine tools remained sluggish because of the impact of China's economic slowdown.」
Automotive applications increased as domestic vehicle production recovered, while electronic materials remained sluggish because of weak memory demand and machine tools because of China's economic slowdown, updating the situation by application. - FY2024-Q1ReframedAnnual report
「In the Chemicals business, high-performance fibers for environmental applications, particularly in solvent recovery, and resins for insulation materials for non-residential applications such as warehouses performed steadily. Resins for electronic materials were affected by weak demand for smartphones, personal computers and other products. Resins for machine tools were affected by interest-rate hikes in the United States and Europe and the economic slowdown in China. Automotive applications also remained sluggish because of the impact of the downturn in the Chinese market, although the easing of semiconductor shortages led to a recovery in domestic vehicle production. As a result, net sales fell 1.1% year on year to ¥6,345 million.」
The Chemicals business has shifted to a mix in which high-performance fibers for environmental applications and resins for insulation materials remain steady, while electronic materials are affected by weak smartphone and PC demand, machine tools by interest-rate hikes in the United States and Europe and China's economic slowdown, and automotive applications by the downturn in the Chinese market. - FY2023ReframedAnnual report
「Resins for semiconductor-related applications remained sluggish as global demand for memory semiconductors slowed. Resins for LCD-related applications also remained sluggish, as the expansion of domestic and overseas demand that had continued since the year before last came to an end and excess supply made it difficult to foresee a recovery in the supply-demand balance.」
The situation has shifted from the previous steady performance and expanding demand in electronic materials to slowing demand for memory semiconductors, excess supply in LCD-related applications and difficulty seeing a recovery in the supply-demand balance. - FY2023-Q3Partial inventory adjustments in electronic materials and expanding export-related demandAnnual report
「In the Chemicals business, resins for automotive applications were affected by production cuts, although shortages of semiconductors and other components were improving, while resins for housing-related applications remained sluggish because of soaring building material prices. Meanwhile, high-performance fibers for environmental applications remained steady, particularly in solvent recovery, and demand for resins for construction machinery and machine tools expanded, mainly in export-related applications. Demand for resins for electronic materials remained steady, although the effects of inventory adjustments began to emerge in display-related applications in the second half of the fiscal year.」
Demand for construction machinery and machine tools expanded in export-related applications, while demand for electronic materials remained steady and inventory adjustments began to affect display-related applications. Automotive applications continued to be affected by production cuts, although parts shortages were improving. - FY2023-Q2Expanding export-related demand and the start of inventory adjustments in electronic materialsAnnual report
「In the Chemicals business, high-performance fibers for environmental applications remained steady, particularly in solvent recovery, while demand for resins for construction machinery and machine tools expanded, mainly for export-related applications. Resins for electronic materials continued to perform steadily on strong domestic and overseas demand, although the effects of inventory adjustments have recently begun to emerge.」
The company states that high-performance fibers for environmental applications and resins for electronic materials remained steady, while demand for construction machinery and machine tools expanded in export-related applications and inventory adjustments began to affect electronic materials. - FY2023-Q1AdvancedAnnual report
「In the Chemicals business, strong domestic and overseas demand for resins for electronic materials continued, keeping them at high levels, while high-performance fibers for environmental applications remained steady, particularly in solvent recovery. Demand for resins for construction machinery and machine tools expanded, mainly in North America. Resins for automotive applications continued to be affected by production cuts due to parts shortages, while resins for housing-related applications remained sluggish because of soaring building material prices. Although the company implemented some price adjustments to reflect higher raw material costs, net sales rose 11.3% year on year to ¥6,413 million, while segment profit (operating profit) fell 40.9% to ¥413 million because of higher costs, including continuously rising raw material prices.」
The company cites continued high levels in electronic materials and expanding demand for construction machinery and machine tools, resulting in an 11.3% increase in Chemicals business net sales. Automotive applications were affected by parts shortages, and housing applications by soaring building material prices, resulting in a 40.9% decline in profit. - FY2022-Q3AdvancedAnnual report
「In the Chemicals business, resins for electronic materials maintained high levels on strong domestic and overseas demand. Resins for automotive applications were partly affected by production cuts due to parts shortages from the middle of the period, while resins for construction machinery and machine tool applications remained on a recovery trend from the second half of the previous fiscal year. As a result, net sales rose 21.0% year on year to ¥18,026 million, and segment profit (operating profit) rose 39.4% to ¥1,922 million.」
While maintaining high levels in electronic materials, resins for construction machinery, machine tools and other applications entered a recovery trend, resulting in a 21.0% increase in Chemicals business net sales and a 39.4% increase in segment profit. - FY2022-Q2AdvancedAnnual report
「In the Chemicals business, performance generally recovered compared with the same period of the previous fiscal year, which was affected by COVID-19. Resins for semiconductor- and LCD-related applications maintained high levels on expanding domestic and overseas demand. Resins for automotive applications were affected by production cuts due to parts shortages, but, like resins for construction machinery and machine tool applications, remained on a recovery trend from the second half of the previous fiscal year. As a result, net sales rose 19.7% year on year to ¥11,768 million, and segment profit (operating profit) rose 41.5% to ¥1,241 million.」
While maintaining high levels in electronic materials, resins for automotive, construction machinery and machine tool applications entered a recovery trend, resulting in a 19.7% increase in Chemicals business net sales and a 41.5% increase in segment profit. - FY2022-Q1AdvancedAnnual report
「In the Chemicals business, resins for semiconductor- and LCD-related applications maintained high levels on expanding domestic and overseas demand. Resins for automotive, construction machinery and machine tool applications remained on a recovery trend from the second half of the previous fiscal year. As a result, net sales rose 13.6% year on year to ¥5,764 million, and segment profit (operating profit) rose 57.5% to ¥698 million.」
The company states that high levels of resins for electronic materials, together with the recovery in resins for automotive, construction machinery and machine tool applications from the second half of the previous fiscal year, led to a 13.6% increase in Chemicals business net sales and a 57.5% increase in segment profit. - FY2021Strong electronic materials and below-year-ago performance in construction and automotiveAnnual report
「In the Chemicals business, resins for electronic materials performed strongly, with products for semiconductors benefiting from the global expansion of teleworking and related trends. Resins for construction-related applications fell below the previous year because of a decline in housing starts and the postponement or cancellation of construction projects. Resins for automotive applications also fell below the previous year, although customer operating rates had recovered since last summer.」
The company states that electronic materials performed strongly, while construction-related and automotive applications remained below the previous year despite the recovery in customer operating rates. - FY2021-Q3Recovery trends and year-on-year declines across applicationsAnnual report
「In the Chemicals business, resins for electronic materials performed steadily as products for LCDs and semiconductors benefited from the global expansion of teleworking and related trends. Other applications turned toward recovery in the third quarter, but resins for construction-related applications fell below the previous year because of a decline in housing starts and the postponement or cancellation of construction projects. Resins for automotive applications also fell below the previous year, although customer operating rates recovered.」
The company states that other applications turned toward recovery in the third quarter and customer operating rates in automotive applications recovered, while results in construction-related and automotive applications remained below the previous year. - FY2021-Q2Recovery trend in automotive-related demandAnnual report
「In the Chemicals business, resins for electronic materials performed steadily as products for LCDs and semiconductors benefited from the global expansion of teleworking and related trends. Other applications were generally affected by the spread of COVID-19. Resins for construction-related applications remained sluggish because of a decline in housing starts and the postponement or cancellation of construction projects. Resins for automotive applications were also sluggish because of lower customer operating rates, although they had recently entered a recovery trend. As a result, net sales fell 10.2% year on year to ¥9,833 million, and segment profit (operating profit) fell 17.0% to ¥877 million.」
The company continues to describe steady performance in resins for electronic materials and sluggish performance in resins for construction-related applications, while adding that resins for automotive applications have recently entered a recovery trend. - FY2021-Q1Changes in demand by applicationAnnual report
「In the Chemicals business, resins for electronic materials performed steadily as products for LCDs and semiconductors benefited from the global expansion of teleworking. Other applications were generally affected by the spread of COVID-19. Resins for construction-related applications remained sluggish because of a decline in housing starts and the postponement or cancellation of construction projects. Resins for automotive and construction machinery applications also remained sluggish because of lower customer operating rates.」
The company describes differences by application: electronic materials remained steady as teleworking expanded, while construction, automotive and construction machinery applications were sluggish because of the impact of the spread of COVID-19, compared with the previously steady performance in key applications. - FY2020-Q3RestatedAnnual report
「In the Chemicals business, resins for electronic materials performed steadily, but resins for housing-related, automotive and construction machinery applications were sluggish. As a result, net sales fell 4.3% year on year to ¥16,545 million.」
The company continues to cite steady performance in resins for electronic materials and sluggishness in resins for housing, automotive and construction machinery applications. - FY2020-Q2RestatedAnnual report
「In the Chemicals business, resins for electronic materials performed steadily, but resins for housing-related, automotive and construction machinery applications were sluggish. As a result, net sales fell 2.7% year on year to ¥10,952 million.」
The company continues to state that resins for electronic materials performed steadily, while sluggishness in resins for housing, automotive and construction machinery applications resulted in lower sales in the Chemicals business. - FY2020-Q1Sluggish growth in some key applicationsAnnual report
「In the Chemicals business, resins for electronic materials performed steadily, but resins for housing-related, automotive and construction machinery applications were sluggish. As a result, net sales fell 3.9% year on year to ¥5,335 million.」
Resins for electronic materials performed steadily, while those for housing, automotive and construction machinery applications were sluggish, resulting in lower sales in the Chemicals business. - FY2019RestatedAnnual report
「In the Chemicals business, resins for electronic materials, automotive applications and construction machinery, as well as high-performance fibers, performed steadily.」
The company continues to state that resins for electronic materials, automotive applications and construction machinery, as well as high-performance fibers, performed steadily. - FY2019-Q3First statedAnnual report
「In the Chemicals business, resins for electronic materials, automotive applications and construction machinery, as well as high-performance fibers, performed steadily.」
The company states that resins for electronic materials, automotive applications and construction machinery, as well as high-performance fibers, performed steadily during the cumulative third-quarter period.