Demand contraction due to domestic and overseas economic conditions
First written in FY2022. 3 of 7 entries say "Worsened", first in FY2024. Latest entry: 2026-08-07.
MANAC Chemical Partners moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).
The whole theme swung hardest in 2023: 17 of 28 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedResults
「電子材料部材や家電製品等に使用されるプラスチック用難燃剤の需要は安定的に推移いたしました。」
難燃剤需要について、前期までの大幅減少局面から、主要用途では安定的な推移が示されている。一方、一部製品では中東情勢の影響による需要低迷も記載している。 - FY2026MitigatedAnnual report
「Although firm sales conditions have been maintained as demand for plastic flame retardants has bottomed out, growth in the flame-retardant market as a whole is expected to remain limited for the time being.」
Conditions shifted from a period of sharply declining demand for flame retardants to demand stabilising and sales remaining firm. However, the Company explained that overall market growth would remain limited for the time being. - 2026-06-08WorsenedGeneral Meetings of Shareholders
「イラン情勢をはじめとする中東地域の不安定化に伴う原材料・エネルギー価格の再高騰、物流の混乱や地政学リスクに加え、米国政権の政策動向等、依然として先行き不透明な状況が続いております。」
需要縮小リスクの文脈に加え、原材料・エネルギー価格、物流、地政学、米国政策に関する不透明要因が列挙されている。 - FY2025-H1WorsenedAnnual report
「Against this backdrop, the Group actively pursued deeper business relationships with customers in domestic and overseas markets, but the impact of deteriorating market conditions in the flame-retardant business continued from the previous fiscal year,」
The contraction in demand caused by deteriorating domestic and overseas market conditions continued from the previous fiscal year and affected actual performance through lower revenue and profit in the flame-retardant business. - FY2024WorsenedAnnual report
「During the consolidated fiscal year, changes in domestic and overseas market conditions, particularly a decline in consumption in China that was significantly greater than initially expected, caused demand for certain plastic flame retardants used in electronic materials and home appliances to decline substantially. Both sales volume and selling prices fell, affecting the performance of the flame-retardant business.」
The decline in consumption in China exceeded expectations, and demand for flame retardants, sales volume and selling prices all fell. Revenue from the flame-retardant business was ¥4,386 million, and segment profit was ¥350 million. - FY2024-Q2MaterialisedAnnual report
「In the flame-retardant business, demand for certain plastic flame retardants used in electronic materials and home appliances declined significantly due to changes in domestic and overseas market conditions, particularly the decline in consumption in China.」
The Company stated that the risk of demand contraction caused by domestic and overseas economic and market conditions had materialised, with consumption in China declining and demand for flame retardants falling significantly. - FY2022First statedAnnual report
「Accordingly, a contraction in demand caused by economic downturns in relevant markets in Japan and overseas could affect the Group’s business results and financial condition.」
The Company identified as a risk a contraction in demand caused by economic downturns in multiple markets, including electrical products, office automation equipment and electronic materials.