Decline in Some Industrial-Goods Chemical Sales Due to Customer Inventory Adjustments
First written in FY2018-Q2. 2 of 5 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2023: 3 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2023-Q3MitigatedAnnual report
「In the rubber chemicals business, domestic products for industrial applications saw higher sales as the semiconductor shortage eased and automotive production began to recover.」
Sales of domestic products for industrial applications increased as the semiconductor shortage eased and automotive production began to recover. - FY2023-Q2RestatedAnnual report
「In the rubber chemicals business, domestic products for industrial applications were affected by production adjustments at customers due to excess inventories of related products, although the semiconductor shortage eased and automotive production began to recover.」
While the semiconductor shortage eased and automotive production recovered, production adjustments at customers due to excess inventories of related products continued. - FY2023-Q1WorsenedAnnual report
「In the rubber chemicals business, domestic products for industrial applications were affected by production adjustments at customers due to excess inventories of related products, although the global semiconductor shortage affecting the automotive-related industries eased.」
Although the semiconductor shortage eased, customers made production adjustments due to excess inventories of related products, leading to lower overall sales of products for automotive parts-related applications. - FY2018-Q3RestatedAnnual report
「We focused on expanding sales of key industrial-goods chemicals. Although sales of some products declined because customers adjusted inventories, sales of vulcanization accelerators and antioxidants increased, resulting in sales above the previous year's level.」
While lower sales of some products due to customer inventory adjustments continued, overall sales exceeded the same period of the previous year due to higher sales of vulcanization accelerators and antioxidants. - FY2018-Q2First statedAnnual report
「We focused on expanding sales of key industrial-goods chemicals. Although sales of some products declined because customers adjusted inventories, sales of vulcanization accelerators and antioxidants increased, resulting in sales above the previous year's level.」
The impact of customer inventory adjustments on sales of some industrial-goods chemicals was first disclosed separately for the quarter. Overall sales exceeded the previous year due to higher sales of vulcanization accelerators and antioxidants.