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Kawaguchi Chemical Industry (4361) · InitiativeAdvancedLatest Revision of earnings forecasts (2026-10-08): "Cited as achieved"

International Expansion Focused on China and Southeast Asia

First written in FY2016-Q2. 16 of 38 entries say "Advanced", first in FY2016-Q3. Latest entry: 2026-10-08.

38entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2023-Q3 – FY20242016: 220162017: 420172018: 220182019: 420192020: 420202021: 320212022: 420222023: 420232024: 220242025: 220252026: 72026
Same theme, other companies
Winning Non-Japanese Customers in Asia and Strengthening Customer SupportA theme 25 companies write about · 0 as a headwind · 28 as a tailwind

The whole theme swung hardest in 2020: 5 of 24 companies on the "Worse" side.

0 other companies' latest entry also says "Cited as achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 25 companies compared. The sentences above are computed from all 25.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1AdvancedAnnual report

    「As a result of actively expanding into overseas markets in these circumstances, we were able to increase and recover our market share, resulting in higher sales.」

    Active expansion into overseas markets resulted in expanded and recovered market share and increased sales.
  2. FY2025WorsenedAnnual report

    「Sales of the company's mainstay antioxidants increased, but the market, particularly in Southeast Asia, remained sluggish, sales of products for specialty applications were also weak, and sales fell below the previous period.」

    Although sales of the mainstay antioxidants increased, overseas sales fell below the previous period due to sluggish conditions in the Southeast Asian market and weak sales of products for specialty applications.
  3. FY2025-H1WorsenedAnnual report

    「The market for general-purpose products in Southeast Asia remained sluggish, and sales declined as demand failed to recover. Sales of products for medical rubber applications recovered, but overall sales were below the same period of the previous year.」

    Sales declined as demand for general-purpose products in Southeast Asia failed to recover, and total overseas sales fell below the same period of the previous year.
  4. FY2024AdvancedAnnual report

    「Overseas sales exceeded the previous period due to expanded sales of specialty vulcanizing agents for new applications and recovering demand for products for medical applications.」

    Overseas sales exceeded the previous period due to expanded sales of specialty vulcanizing agents for new applications and recovering demand for products for medical applications.
  5. FY2024-Q2AdvancedAnnual report

    「The company developed new applications for the specialty vulcanizing agents in which it specializes, substantially increasing sales. Sales also exceeded the same period of the previous year due to recovering demand for general-purpose products and products for medical applications.」

    The company developed new applications for specialty vulcanizing agents in its overseas operations, substantially increasing overseas sales.
  6. FY2024-Q1AdvancedAnnual report

    「Sales of general-purpose products and products for medical applications, mainly to China, remained sluggish, but the company was able to sell specialty products in new fields, and overseas sales exceeded the same period of the previous year.」

    While sales of general-purpose products and products for medical applications to China remained sluggish, sales of specialty products in new fields lifted overseas sales above the same period of the previous year.
  7. FY2023-Q3AdvancedAnnual report

    「Sales volumes, mainly to the automotive industry, declined due to the severe impact of China's economic stagnation. However, sales increased, helped by the weaker yen and by the return of demand and sales for certain products.」

    While sales volumes declined due to China's economic stagnation, overseas sales increased on the weaker yen and the return of sales for products benefiting from recovering demand.
  8. FY2023-Q2WorsenedAnnual report

    「Sales volumes, mainly to the automotive industry, declined due to the impact of China's economic slowdown. Sales of products for tire applications increased, while demand for the medical rubber application products in which the company specializes slowed and sales declined.」

    Sales volumes to the automotive industry declined due to China's economic slowdown, while demand for medical rubber application products also slowed and sales declined.
  9. FY2023-Q1RestatedAnnual report

    「Overseas sales were heavily affected by reduced automotive production in China, causing sales of products for automotive parts applications to decline. Sales of products for tire applications increased, while demand for the medical rubber application products in which the company specializes slowed and sales declined.」

    In overseas operations, sales and revenue varied by product due to reduced automotive production in China and slowing demand for medical rubber application products, with sales and revenue declining for some key products.
  10. FY2022WorsenedAnnual report

    「Sales volumes of rubber chemicals fell below the previous period due to reduced automotive production in Japan and overseas and lockdowns in China, although sales were maintained at approximately the previous period's level.」

    Sales volumes of rubber chemicals fell below the previous period in China and other key overseas markets due to the impact of lockdowns and reduced automotive production.
  11. FY2022-Q3WorsenedAnnual report

    「Overseas sales decreased as the company was heavily affected by reduced production in the automotive industry, sales of products for automotive parts and tire applications declined, and demand for the medical rubber application products in which the company specializes slowed.」

    In overseas operations, sales of products for automotive parts and tire applications declined due to reduced automotive production, while demand for medical rubber application products also slowed and sales declined.
  12. FY2022-Q2WorsenedAnnual report

    「Overseas sales decreased as the company was heavily affected by reduced production in the automotive industry, sales of key products declined, and demand for the medical rubber application products in which the company specializes slowed.」

    In overseas operations, sales of key products and overseas sales declined due to reduced automotive production and slowing demand for medical rubber application products.
  13. FY2022-Q1AdvancedAnnual report

    「In overseas markets, the company conducted active sales expansion efforts, mainly in China, acquired new customers, and increased sales of polymerization inhibitors.」

    The company acquired new customers and increased sales through active sales expansion in the Chinese market. In Southeast Asia, however, demand growth accompanying the recovery in market conditions has leveled off.
  14. FY2021AdvancedAnnual report

    「The company actively responded to expanding customer demand accompanying the recovery in market conditions in Southeast Asian countries, led by substantially higher sales at its Chinese subsidiary in the Chinese market.」

    Sales increased substantially at the Chinese subsidiary, and the company responded to expanding demand accompanying the recovery in market conditions in Southeast Asia. Overseas export sales amounted to ¥1,634.570 million.
  15. FY2021-Q3AdvancedAnnual report

    「Overseas sales increased substantially at the Chinese subsidiary in the Chinese market, where the economic recovery from the impact of COVID-19 was particularly pronounced, and the recovery in market conditions in Southeast Asian countries became more evident.」

    Sales increased substantially at the Chinese subsidiary, and the recovery in market conditions in Southeast Asia became more evident.
  16. FY2021-Q2AdvancedAnnual report

    「Overseas sales increased substantially in the Chinese market, where the economy recovered early from the impact of COVID-19, and the recovery trend in automotive production in Southeast Asian countries became more pronounced.」

    Sales increased substantially in the Chinese market, and the recovery trend in automotive production in Southeast Asian countries became more pronounced.
  17. FY2021-Q1MitigatedAnnual report

    「Overseas sales exceeded the same period of the previous year, driven by the recovery in automotive production in Southeast Asian countries, including China, where the economy recovered early from the impact of COVID-19.」

    Overseas sales exceeded the same period of the previous year due to the recovery in automotive production in China and Southeast Asia, improving from the substantial declines through the previous period.
  18. FY2020-Q3RestatedAnnual report

    「Overseas sales were significantly below the same period of the previous year, as the economies of Southeast Asian countries deteriorated substantially after being heavily affected by the spread of COVID-19, reducing automotive production and sales.」

    Overseas sales have continued to fall below the same period of the previous year due to deteriorating economies in Southeast Asian countries and lower automotive production and sales.
  19. FY2020-Q2WorsenedAnnual report

    「Overseas sales were significantly below the same period of the previous year, as the economies of Southeast Asian countries deteriorated substantially after being heavily affected by the spread of COVID-19, reducing automotive production and sales.」

    Overseas sales fell significantly below the same period of the previous year due to deteriorating economic conditions associated with COVID-19 and lower automotive production and sales in overseas markets, including Southeast Asia.
  20. FY2020-Q1WorsenedAnnual report

    「Overseas sales were below the same period of the previous year, reflecting the impact of COVID-19 on production activity in China and automotive production in Southeast Asian countries falling below the same period of the previous year.」

    Overseas sales fell below the same period of the previous year due to the impact of COVID-19 on production activity in China and lower automotive production in Southeast Asia.
  21. FY2019RestatedAnnual report

    「③ Expanding sales in growing overseas markets」

    The company continues to expand sales in growing overseas markets as a measure under its new three-year management plan. Overseas sales for the period, however, were below the previous year.
  22. FY2019-Q3WorsenedAnnual report

    「In overseas markets, sales of some rubber chemicals increased as a result of developing customers for new products and actively responding to changes in customer demand, but sales fell below the same period of the previous year because automobile production volumes declined year on year in Southeast Asia and China.」

    While the company continued developing customers for new products and responding to customers, sales of rubber chemicals for overseas markets fell below the same period of the previous year because automobile production volumes declined in Southeast Asia and China.
  23. FY2019-Q2RestatedAnnual report

    「In overseas markets, sales of some products increased as a result of developing customers for new products and actively responding to changes in customer demand and requests, but sales fell below the same period of the previous year because of lower operating rates at some customers.」

    While the company continued developing customers for new products and responding to overseas customers, overseas sales fell below the same period of the previous year because of lower operating rates at some customers.
  24. FY2019-Q1RestatedAnnual report

    「In overseas markets, the company actively responded to changes in customer demand and requests as China experienced an economic slowdown while Southeast Asia continued to recover, resulting in sales roughly on a par with the same period of the previous year.」

    Amid China's slowdown and Southeast Asia's recovery, the company continued to actively respond to changes in overseas customers' demand and requests, but overseas sales were roughly on a par with the same period of the previous year.
  25. FY2018RaisedAnnual report

    「④ Expanding sales in growing overseas markets」

    In addition to the previous emphasis on active expansion in China and Southeast Asia, the company has identified expanding sales across growing overseas markets as a key priority in its new three-year plan.
  26. FY2018-Q3AdvancedAnnual report

    「Sales of resin chemicals for the domestic market declined amid intensifying competition, but overseas sales increased on the back of new orders.」

    The company secured new orders for resin chemicals in overseas markets and increased sales.
  27. FY2018-Q1RestatedAnnual report

    「In overseas markets, sales volume exceeded the previous year as Southeast Asia continued to recover and the company made sales expansion efforts in response to growing customer demand. However, sales fell below the same period of the previous year because the yen remained stronger than the previous year during the fiscal year.」

    Sales volume exceeded the previous year as a result of Southeast Asia's recovery and sales expansion efforts, while sales fell below the same period of the previous year because of the stronger yen.
  28. FY2017-Q3AdvancedAnnual report

    「Regarding exports, signs of slowing recovery were seen among customers in Southeast Asia, and the yen strengthened somewhat during the third quarter. However, sales exceeded the same period of the previous year as a result of sales expansion efforts aimed at growing demand in the region.」

    Despite the slowing recovery among Southeast Asian customers and a somewhat stronger yen, exports exceeded the same period of the previous year as a result of sales expansion efforts targeting growing demand.
  29. FY2017-Q2AdvancedAnnual report

    「Regarding exports, signs of recovery were seen among customers in Southeast Asia, and the yen remained weak during the second quarter. The company made further sales expansion efforts by expanding orders in the region, resulting in exports exceeding the same period of the previous year.」

    Exports exceeded the same period of the previous year as a result of recovery among Southeast Asian customers and sales expansion efforts aimed at increasing orders.
  30. FY2017-Q1AdvancedAnnual report

    「Regarding exports, signs of recovery were seen among customers in Southeast Asia, and the yen remained weak during the first quarter. As a result of making further efforts to expand orders in the region, focusing on major products, sales volume increased year on year.」

    Sales volume increased year on year as a result of recovery among Southeast Asian customers and efforts to expand orders.
  31. FY2016RestatedAnnual report

    「Overseas, the company actively expanded its business, mainly in China and Southeast Asia, and expanded sales to existing customers while developing new customers.」

    The company continues its overseas expansion, mainly in China and Southeast Asia, along with expanding sales to existing customers and developing new customers.
  32. FY2016-Q3AdvancedAnnual report

    「As a result of making further efforts to expand orders in the region, focusing on major products, sales volume increased year on year.」

    Within its expansion in China and Southeast Asia, the company reported a year-on-year increase in sales volume to Southeast Asia as a result of efforts to expand orders.
  33. FY2016-Q2First statedAnnual report

    「Overseas, we continued to expand proactively, particularly in China and Southeast Asia, and worked to develop new customers.」

    The Group continues to expand proactively in China and Southeast Asia, with the aim of developing new customers.
Moved together

"Weak Operating Levels at Existing Customers in China and Elsewhere" moved the same way as this thread, in the same document, in 12 of its 38 moves.

1211101099★123456
  1. ★This thread
  2. 1Weak Operating Levels at Existing Customers in China and Elsewhere12×
  3. 2Slowdown and Weakness in the Chinese and Asian Economies11×
  4. 3Domestic and Overseas Rubber Chemical Sales Exceeding the Previous Year10×
  5. 4Higher Sales of Pharmaceutical Intermediates and Functional Chemicals Through New Orders10×
  6. 5Weakness in Related Industries Due to Sluggish Domestic Automotive Production9×
  7. 6Impact on Business Performance from Changes in Demand, Prices, Competition and Economic Conditions9×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kawaguchi Chemical Industry yet. It last moved in the Revision of earnings forecasts of 2026-10-08: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
International Expansion Focused on China and Southeast Asia | KAWAGUCHI CHEMICAL INDUSTRY CO.,LTD. (4361) | Komori