Contraction of the Domestic Textile Market and Slowing Growth in Overseas Markets

「In the polymers, inorganic products and other segments, overseas sales were generally weak. Sales to Japan's textile industry fell below the previous year due to customers closing their businesses and weak apparel applications. Sales in non-textile industrial-related businesses also fell below the previous year, as weakness continued in automotive parts, toiletries and cosmetics, and other areas.」

「In the field of anionic surfactants, overseas sales were generally sluggish. Domestic textile sales were slightly below the previous year because production of uniforms, which had been strong, entered a lull, while sales to the automotive industry also declined in some areas.」

「In the anionic surfactants segment, overseas sales were generally weak. In Japan's textile-related business, production of uniforms, which had been strong, leveled off, while sales to the automotive industry also declined in some areas, resulting in sales slightly below the previous year. Sales to external customers were ¥1,770 million, down 8.8% year on year.」

「In the polymers, inorganic products and other segments, overseas sales were generally firm. Although sales in Japan's textile industry varied by production center and application, sales improved overall. In non-textile industrial-related businesses, automotive parts, resin molding and other areas performed well, resulting in sales above the previous year.」

「In the anionic surfactants segment, overseas sales were generally firm, while Japan's textile industry recovered during the period and exceeded the previous year. As a result, sales to external customers were ¥1,940 million, up 10.0% year on year.」

「In the anionic surfactants segment, overseas sales were generally firm, while sales in Japan's textile industry were flat year on year in dyeing and finishing applications but weak in staple-fiber applications due to the expansion of overseas products. Sales to external customers were ¥2,701 million, down 7.3% year on year. In the nonionic surfactants segment, overseas sales were generally firm, but in Japan's textile industry, demand for sports-related products, which had been strong last year, shifted into contraction, while demand for casual apparel remained weak. Sales in Japan's non-textile segment were below the previous year, partly due to restrained consumption of household goods amid higher prices. Sales to external customers were ¥18,410 million, down 1.3% year on year.」

「In the anionic surfactants segment, overseas sales were generally firm, and some recovery was seen in automotive interior materials and uniforms in Japan's textile industry, but recovery remained insufficient. Sales to external customers were ¥1,764 million, down 7.0% year on year.」

「In the anionic surfactants segment, automobile production in Japan's textile industrial-material applications had recovered, but processing volumes for interior materials remained weak. Apparel applications had bottomed out but had not recovered sufficiently. Overseas sales were generally firm, and sales to external customers were ¥957 million, up 1.9% year on year.」

「In the anionic surfactants segment, automobile production in Japan's textile-related industrial-material applications had recovered, but processing volumes for interior materials remained weak, while apparel applications had bottomed out but had not recovered sufficiently. Overseas sales were generally firm, and sales to external customers were ¥2,915 million, up 21.9% year on year. In the polymers, inorganic products and other segments, domestic apparel production in textile-related industries was recovering but had not yet returned to pre-COVID levels.」

「In the anionic surfactants segment, industrial-material applications in Japan's textile industry were affected by lower automobile production volumes, while apparel applications had bottomed out but had not recovered sufficiently. In the polymers, inorganic products and other segments, domestic apparel production in textile-related industries was recovering but had not yet returned to pre-COVID volumes.」

「In the anionic surfactants segment, industrial-material applications in Japan's textile industry were affected by lower automobile production volumes, while apparel applications had bottomed out but had not recovered sufficiently. Overseas sales were generally firm, and sales to external customers were ¥939 million, up 19.3% year on year.」

「In the anionic surfactants segment, industrial-material applications in Japan's textile industry remained weak due to lower automobile production volumes. Apparel applications had bottomed out but had not recovered sufficiently. Overseas sales were generally firm, and sales to external customers were ¥3,221 million, up 12.6% year on year.」

「In the anionic surfactants segment, industrial-material applications in Japan's textile industry had recovered to pre-COVID levels, while apparel applications had bottomed out but had not recovered sufficiently. Overseas sales were generally firm, and sales to external customers were ¥2,391 million, up 13.7% year on year.」

「In the anionic surfactants segment, industrial-material applications in Japan's textile industry had recovered to near pre-COVID levels, while apparel applications had bottomed out but had not recovered sufficiently. Overseas sales were generally firm, and sales to external customers were ¥1,553 million, up 15.3% year on year.」

「In Japan, customers' production activities were on a recovery trend, but the continued reluctance to resume normal activities, due to the intermittent issuance of states of emergency and other measures, meant that overall recovery remained insufficient. Overseas, economic conditions and business sentiment improved as the economy recovered from the recession caused by COVID-19, but uncertainty about the outlook remains high due to disruptions in global maritime transport, semiconductor shortages, and outbreaks of COVID-19 variants.」

「Regarding our Group's sales conditions, customers' production activities in Japan were on a recovery trend, but the continued reluctance to resume normal activities meant that overall recovery remained insufficient. Overseas, the deterioration of the global economy caused by COVID-19 from the beginning of 2020 led to substantial declines in customers' production volumes and temporary production suspensions in various regions, as well as disruptions to logistics functions caused by lockdowns. Although a considerable recovery trend was seen in the fourth quarter, sales declined overall.」

「In Japan, customers' production activities were on a recovery trend, but the continued reluctance to resume normal activities meant that overall recovery remained insufficient. Overseas, the deterioration of the global economy caused by COVID-19 from the beginning of 2020 led to substantial declines in customers' production volumes and temporary production suspensions in various regions, as well as disruptions to logistics functions caused by lockdowns. Although a considerable recovery trend was seen in the third quarter, sales declined overall.」

「Overseas, the deterioration of the global economy caused by COVID-19 since the beginning of the year led to substantial declines in customers' production volumes and temporary production suspensions in various regions, as well as disruptions to logistics functions caused by lockdowns. Although signs of a modest recovery were seen in the second quarter, sales declined overall.」

「In Japan, sales declined due to weak sales in the industrial materials segment, including the slowdown in the automotive market, weak apparel sales caused by restrictions on going out and the closure of retail stores, and weak sales in the construction-related segment due to delays in construction schedules. Overseas, the deterioration of the global economy caused by COVID-19 since the previous fourth quarter led to substantial declines in customers' production volumes and temporary production suspensions in various regions, as well as disruptions to logistics functions caused by lockdowns, resulting in lower sales.」

「Textile-related industries are an important sales area for our Group. In Japan, the difficult conditions continue due to factors including customers moving production bases overseas, discontinuing production of unprofitable products, and declining sales volumes resulting from business-structure reforms to strengthen their business foundations. Overseas, capital investment in China has slowed, and signs of industry consolidation and production transfers overseas to locations outside China have begun to emerge.」

「In textile-related industries, the difficult conditions in Japan continue due to factors including customers moving production bases overseas, discontinuing production of unprofitable products, and declining sales volumes resulting from business-structure reforms to strengthen their business foundations. Overseas, capital investment in China has slowed, and signs of industry consolidation and production transfers overseas to locations outside China have begun to emerge.」

「Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, has slowed, and signs of industry consolidation and production transfers overseas to locations outside China have begun to emerge.」

「Textile-related industries are an important sales area for our Group. In Japan, production bases have moved overseas, while sales volumes have also declined due to major customers discontinuing production of unprofitable products and the effects of business-structure reforms to strengthen their business foundations. The difficult conditions therefore continue. Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, has begun to show signs of weakness. The factory shutdowns for environmental compliance work and production adjustments that occurred in some regions during the previous consolidated fiscal year have almost ended, but signs of industry consolidation have begun to emerge.」

「Textile-related industries are an important sales area for our Group. In Japan, customers' production bases have moved overseas, while sales volumes have also declined due to major customers discontinuing production of unprofitable products and the effects of business-structure reforms to strengthen their business foundations. The difficult conditions therefore continue. Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, has begun to show signs of weakness. The factory shutdowns for environmental compliance work and production adjustments that occurred in some regions during the previous consolidated fiscal year have almost ended, but signs of industry consolidation have begun to emerge.」

「Textile-related industries are an important sales area for our Group. In Japan, production bases have moved overseas, while sales volumes have also declined due to major domestic customers discontinuing production of unprofitable products and the effects of business-structure reforms to strengthen their business foundations. The difficult conditions therefore continue. Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, has begun to show signs of weakness. The factory shutdowns for environmental compliance work and production adjustments that occurred in some regions during the previous consolidated fiscal year have almost ended, but signs of industry consolidation have begun to emerge.」

「Textile-related industries are an important sales area for our Group. In Japan, production bases have moved overseas, while sales volumes have also declined due to major domestic customers discontinuing production of unprofitable products and the effects of business-structure reforms to strengthen their business foundations. The difficult conditions therefore continue. Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, has begun to show signs of weakness. The factory shutdowns for environmental compliance work and production adjustments that occurred in some regions during the previous consolidated fiscal year have almost ended, but signs of industry consolidation have begun to emerge.」

「Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, has begun to show signs of weakness. On the other hand, the factory shutdowns for environmental compliance work and production adjustments that had occurred in some regions are gradually easing.」

「Textile-related industries are an important sales area for our Group. In Japan, production bases have moved overseas, while sales volumes have also declined due to major domestic customers discontinuing production of unprofitable products and the effects of business-structure reforms to strengthen their business foundations. The difficult conditions therefore continue. Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, has begun to show signs of slowing. On the other hand, the factory shutdowns for environmental compliance work and production adjustments that had occurred in some regions are gradually easing.」

「Textile-related industries are an important sales area for our Group. In Japan, production bases have moved overseas, while sales volumes have also declined due to major domestic customers discontinuing production of unprofitable products and the effects of business-structure reforms to strengthen their business foundations. The difficult conditions therefore continue. Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, has begun to show signs of slowing. In some regions, operations have also been suspended while factories undergo environmental compliance work.」

「Textile-related industries are an important sales area for our Group. In Japan, the transfer of production bases overseas has continued to expand, while sales volumes have also declined due to major domestic customers discontinuing production of unprofitable products and consolidating product lines as part of efforts to strengthen their business foundations. The difficult conditions therefore continue. Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, began to show signs of slowing this fiscal year. Production has also been substantially adjusted due to factors including falling yarn prices.」

「Textile-related industries are an important sales area for our Group. In Japan, the transfer of production bases overseas has continued to expand, while sales volumes have also declined due to major domestic customers discontinuing production at unprofitable divisions and consolidating product lines as part of efforts to strengthen their business foundations. The difficult conditions therefore continue. Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, began to show signs of slowing this fiscal year. Production has also been substantially adjusted due to factors including falling yarn prices.」

「Meanwhile, in overseas textile-related industries, capital investment in China's textile industry, which had pursued production expansion for many years, began to show signs of slowing this fiscal year. Production has also been substantially adjusted due to factors including falling yarn prices.」

「The domestic textile industry, an important sales field for our group, remains difficult as production continues to move overseas, major domestic customers discontinue unprofitable products, smaller customers close their businesses, and warmer winters affect demand. Overseas, some major Chinese customers began adjusting production from the end of last year.」