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Kawaguchi Chemical Industry (4361) · RiskAdvanced

Decline in Environmental Chemical Sales Due to Inventory Adjustments

First written in FY2016-Q3. 14 of 26 entries say "Restated". Latest entry: 2026-10-08.

26entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2022-Q1 – FY2023-Q2MitigatedFY2025-H1 – 2026-10-082016: 12017: 420172018: 220182019: 320192020: 320202021: 320212022: 320222023: 220232024: 120242025: 120252026: 32026
Same theme, other companies
Sales decline in multi-application products due to prolonged customer inventory adjustmentsA theme 7 companies write about · 7 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 3 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "Advanced".

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.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-08AdvancedEarnings

    「Sales of environmental chemicals increased substantially as we were able to respond promptly to the expansion of customer demand.」

    The company reports a substantial increase in sales of environmental chemicals resulting from its prompt response to expanding demand.
  2. FY2026-H1AdvancedAnnual report

    「We significantly increased sales of environmental-use chemicals by responding promptly to the expansion and changes in customer demand.」

    Environmental-use chemical sales increased significantly due to our prompt response to expanding and changing demand.
  3. FY2025MitigatedAnnual report

    「We increased sales of environmental-use chemicals by responding promptly to increased customer demand, and sales exceeded the prior fiscal year.」

    Environmental-use chemicals, whose sales had fallen below the year-earlier period due to lower demand in the prior fiscal year, improved to exceed the prior fiscal year through a prompt response to increased demand.
  4. FY2025-H1MitigatedAnnual report

    「We increased sales of environmental-use chemicals by responding promptly to increased customer demand, and sales exceeded the year-earlier period.」

    Environmental-use chemicals, whose sales had fallen below the year-earlier period due to declining customer demand, exceeded it as a result of our prompt response to increased demand.
  5. FY2024-Q1WorsenedAnnual report

    「Sales of environmental-use chemicals were below the year-earlier period due to a decline in customer demand.」

    Environmental-use chemicals, which had continued to benefit from firm demand and increased sales, fell below the year-earlier period as customer demand declined.
  6. FY2023-Q2RestatedAnnual report

    「We increased sales of environmental-use chemicals by responding promptly and flexibly to changes in demand, and sales exceeded the year-earlier period.」

    Environmental-use chemical sales have continued to exceed the year-earlier period due to our prompt, flexible response to changes in demand.
  7. FY2023-Q1RestatedAnnual report

    「We increased sales of environmental-use chemicals by responding promptly and flexibly to rising demand, and sales exceeded the year-earlier period.」

    Environmental-use chemical sales have continued to exceed the year-earlier period due to our prompt, flexible response to increased demand.
  8. FY2022-Q2RestatedAnnual report

    「Sales of environmental-use chemicals exceeded the year-earlier period because we responded promptly to firm demand.」

    Environmental-use chemical sales have continued to exceed the year-earlier period due to our prompt response to firm demand.
  9. FY2022-Q1RestatedAnnual report

    「Sales of environmental-use chemicals exceeded the year-earlier period as overall demand remained firm.」

    Environmental-use chemical sales have continued to exceed the year-earlier period, supported by firm overall demand.
  10. FY2021MitigatedAnnual report

    「Sales of environmental-use chemicals exceeded the year-earlier period as overall demand remained firm, despite increases and decreases by product.」

    Environmental-use chemical sales exceeded the year-earlier period despite increases and decreases by product, as overall demand remained firm.
  11. FY2021-Q3RestatedAnnual report

    「Sales of environmental-use chemicals exceeded the year-earlier period as demand remained firm.」

    Environmental-use chemical sales have remained above the year-earlier period, supported by firm demand.
  12. FY2021-Q2RestatedAnnual report

    「Sales of environmental-use chemicals exceeded the year-earlier period as demand remained firm.」

    Environmental-use chemical sales have remained above the year-earlier period due to firm demand.
  13. FY2021-Q1RestatedAnnual report

    「Sales of environmental-use chemicals exceeded the year-earlier period as demand remained firm.」

    Environmental-use chemical sales have remained above the year-earlier period due to firm demand.
  14. FY2020-Q3MitigatedAnnual report

    「In Other areas, sales of environmental-use chemicals exceeded the year-earlier period despite sluggish demand for major products caused by lower production activity, owing to the acquisition of new orders.」

    Although demand for major products remains sluggish, environmental-use chemical sales exceeded the year-earlier period due to the acquisition of new orders.
  15. FY2020-Q1RestatedAnnual report

    「Sales of environmental-use chemicals were below the year-earlier period as demand remained sluggish.」

    Environmental-use chemical sales have continued to fall below the year-earlier period due to sluggish demand.
  16. FY2019WorsenedAnnual report

    「Sales of environmental-use chemicals were below the prior fiscal year because demand remained sluggish in the second half, in addition to the decline in demand at the beginning of the fiscal year.」

    In addition to lower demand at the beginning of the fiscal year, demand remained sluggish in the second half, causing full-year sales to fall below the prior year.
  17. FY2019-Q3RestatedAnnual report

    「In Other areas, sales of environmental-use chemicals were below the year-earlier period due to the impact of lower demand over the year-end and New Year holidays.」

    The decline in environmental-use chemical sales due to lower demand over the year-end and New Year holidays has continued.
  18. FY2019-Q2RestatedAnnual report

    「Sales of environmental-use chemicals were below the year-earlier period due to lower demand over the year-end and New Year holidays.」

    The decline in environmental-use chemical sales due to lower demand over the year-end and New Year holidays has continued.
  19. FY2019-Q1WorsenedAnnual report

    「Sales of environmental-use chemicals were below the year-earlier period due to lower demand over the year-end and New Year holidays.」

    Sales shifted from exceeding the year-earlier period due to increased demand over the year-end and New Year holidays in the prior year to falling below it this quarter due to lower demand.
  20. FY2018-Q3RestatedAnnual report

    「In Other areas, sales of environmental-use chemicals exceeded the year-earlier period due to increased demand over the year-end and New Year holidays and firm demand thereafter.」

    Environmental-use chemical sales have remained above the year-earlier period, supported by increased demand over the year-end and New Year holidays and firm demand thereafter.
  21. FY2018-Q1MitigatedAnnual report

    「Sales of environmental-use chemicals exceeded the year-earlier period due to increased demand over the year-end and New Year holidays.」

    Sales shifted from exceeding the year-earlier period due to increased demand over the year-end and New Year holidays to falling below it this quarter due to lower demand.
  22. FY2017-Q3RestatedAnnual report

    「Sales of environmental-use chemicals were below the year-earlier period due to the impact of customers' inventory adjustments and competition from other companies at our customers.」

    Customers' inventory adjustments and competition from other companies at customers continue to contribute to lower environmental-use chemical sales.
  23. FY2017-Q2RestatedAnnual report

    「Sales of environmental-use chemicals were below the year-earlier period due to the impact of customers' inventory adjustments and competition from other companies at our customers.」

    Customers' inventory adjustments and competition from other companies at customers continue to be factors behind the decline in environmental-use chemical sales.
  24. FY2017-Q1RestatedAnnual report

    「Sales of environmental-use chemicals declined due to customers' inventory adjustments and competition from other companies at our customers.」

    Customers' inventory adjustments and competition from other companies at customers continue to weigh on environmental-use chemical sales.
  25. FY2016WorsenedAnnual report

    「We produced environmental-use chemicals in line with demand from our customers, but sales declined year on year due to the impact of Q2 inventory adjustments and competition from other companies at our customers.」

    In addition to the previous inventory adjustments, competition from other companies at customers was newly identified as a factor behind the decline in revenue, broadening the range of cited factors.
  26. FY2016-Q3First statedAnnual report

    「We produced environmental chemicals in line with demand from our customers, but sales declined year on year partly because of the impact of inventory adjustments in the second quarter.」

    Inventory adjustments by customers resulted in an actual decline in environmental chemical sales.
Moved together

"Building a System for Timely Product Supply to Customers" moved the same way as this thread, in the same document, in 5 of its 26 moves.

555444★123456
  1. ★This thread
  2. 1Building a System for Timely Product Supply to Customers5×
  3. 2Launching Sales of New Products for New Applications5×
  4. 3Lower Sales of Pharmaceutical Intermediates and Functional Chemicals Due to Weaker Overseas Customer Demand5×
  5. 4Decline in Customer Orders for Agricultural Chemical Intermediates4×
  6. 5Promoting new product development4×
  7. 6Slowdown and Weakness in the Chinese and Asian Economies4×

★ 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 Earnings of 2026-10-08: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in Environmental Chemical Sales Due to Inventory Adjustments | KAWAGUCHI CHEMICAL INDUSTRY CO.,LTD. (4361) | Komori