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Fuso Chemical (4368) · TargetAdvanced

Aiming to become the world's No. 1 malic acid manufacturer

First written in FY2016. 9 of 16 entries say "Advanced", first in FY2020. Latest entry: 2026-10-30.

16entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019AdvancedFY2020 – FY2022RestatedFY2023-Q1 – FY2024-Q3AdvancedFY2025 – 2026-10-302016: 120162017: 020172018: 120182019: 120192020: 120202021: 320212022: 420222023: 120232024: 120242025: 120252026: 22026
Same theme, other companies
Making the Malic Acid Business the Global Market LeaderA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025AdvancedAnnual report

    「Market share in overseas markets was recovered, and sales expanded in Germany, Spain, the United States, Malaysia, and Thailand.」

    For malic acid, sales expanded in multiple countries in Europe, the United States, and Asia, and the recovery of overseas market share is described.
  2. FY2024-Q3RestatedAnnual report

    「In overseas markets, demand fell substantially as the effects of the sluggish European economy became more pronounced, and overseas malic acid sales declined as a result.」

    The Company explains that overseas malic acid sales declined due to the sluggish European economy. There is no mention of achieving or changing the goal of becoming the world's No. 1 malic acid manufacturer.
  3. FY2023-Q3RestatedAnnual report

    「Although there were concerns that demand for malic acid could be affected by an economic downturn, net sales increased, partly due to price revisions and the weaker yen.」

    The Company explains that malic acid sales increased despite concerns about an economic downturn, including the effects of price revisions and the weaker yen.
  4. FY2023-Q2RestatedAnnual report

    「Malic acid exports also continued to perform steadily, and net sales increased, partly due to price revisions and the weaker yen.」

    Malic acid exports have continued to perform steadily, and efforts to become the world's No. 1 malic acid manufacturer through expanded sales in overseas markets are ongoing.
  5. FY2023-Q1RestatedAnnual report

    「Malic acid exports also increased steadily, and net sales increased, partly due to the weaker yen.」

    The increase in exports related to the operation of the new Kashima malic acid facilities has continued, and efforts to become the world's No. 1 malic acid manufacturer are ongoing.
  6. FY2022AdvancedAnnual report

    「As medium-term goals, we sought to establish a sales structure for 20,000 tons of malic acid annually and a production structure centered on the Kashima Site as the main plant. In fiscal 2021, the malic acid plant at the Kashima Site completed acquisition of the international FSSC22000 certification, continued full-scale commercial continuous production, and established its structure as the main plant. By combining the sales capabilities of our group and working to acquire new overseas customers and expand our share among existing customers, sales volume increased substantially and the target was achieved ahead of schedule.」

    The document states that the targets for a sales structure handling 20,000 tons annually and a structure centered on the Kashima Site as the main plant were achieved ahead of schedule through FSSC22000 certification, commercial continuous production, and the acquisition of overseas customers.
  7. FY2022-Q3AdvancedAnnual report

    「In addition to increased demand as the domestic economy recovered, malic acid sales increased substantially, mainly through exports, following the start-up of the new malic acid facilities at the Kashima Site, and net sales increased, partly due to the weaker yen.」

    The document states that malic acid sales, mainly exports, increased substantially following the start-up of the new Kashima malic acid facilities, indicating progress in efforts to become the world's No. 1 malic acid manufacturer in terms of business performance.
  8. FY2022-Q2AdvancedAnnual report

    「In addition to increased domestic demand as the economy recovered, exports of malic acid increased steadily following the start-up of the new malic acid facilities at the Kashima Site, and net sales increased, partly due to the weaker yen.」

    Exports following the start-up of the new Kashima malic acid facilities have continued to increase, and efforts to become the world's No. 1 malic acid manufacturer by expanding sales in overseas markets are progressing.
  9. FY2022-Q1AdvancedAnnual report

    「In addition to increased domestic demand as the economy recovered, exports of malic acid increased steadily following the start-up of the new malic acid facilities at the Kashima Site, and net sales increased, partly due to the weaker yen.」

    The increase in exports following the start-up of the new Kashima malic acid facilities is described, indicating operational progress in efforts to become the world's No. 1 malic acid manufacturer by expanding sales in overseas markets.
  10. FY2021AdvancedAnnual report

    「Overseas sales also increased in the second half of the fiscal year, and the operating rate improved. Going forward, we will strengthen cost competitiveness by effectively utilizing the new, highly efficient production facilities, capture growing demand in the Asian market through our group's sales network while capitalizing on Japanese quality, and seek to retain new customers acquired in the European and U.S. markets. In addition, to establish our position as the world's No. 1 malic acid manufacturer, we will continue stable operations and build a structure centered on the plant as our main plant.」

    The increase in overseas sales and the improvement in the operating rate are described, indicating that efforts to establish a position as the world's No. 1 malic acid manufacturer by utilizing the new malic acid facilities have advanced to the operational stage.
  11. FY2020AdvancedAnnual report

    「The new malic acid plant at the Kashima Site was completed in July 2019. The Company is preparing for full-scale production in order to establish its position as the world's No. 1 malic acid manufacturer by effectively utilizing the new, highly efficient production facilities, strengthening cost competitiveness, capitalizing on Japanese quality, and reliably capturing demand in overseas markets, particularly Asia, through our group's sales network.」

    With the new malic acid plant completed, efforts to become the world's No. 1 malic acid manufacturer have advanced to the stage of preparing for full-scale production.
  12. FY2019RestatedAnnual report

    「Construction of the new malic acid plant, which began in March 2018, is progressing smoothly, and completion is scheduled for July 2019. The new plant is intended to fundamentally strengthen cost competitiveness, enabling a major advance from Japan's only manufacturer to the world's No. 1 malic acid manufacturer.」

    The scheduled completion of the new malic acid plant in July 2019 and the goal of becoming the world's No. 1 malic acid manufacturer have continued.
  13. FY2018RestatedAnnual report

    「In March 2018, construction began on the new Kashima plant for malic acid, the 1st Step of the "fruit acid complex" concept, and completion was scheduled for July 2019. The new plant is intended to fundamentally strengthen cost competitiveness, enabling a major advance from Japan's only manufacturer to the world's No. 1 malic acid manufacturer.」

    The goal of becoming the world's No. 1 malic acid manufacturer has continued after construction began on the new Kashima plant.
  14. FY2016First statedAnnual report

    「We will realize this "fruit acid complex" concept, fundamentally strengthen our cost competitiveness, and aim to become the world's No. 1 malic acid manufacturer.」

    The goal of ranking No. 1 in the world is linked to the transfer of facilities at the Kashima Plant and the construction of malic acid production facilities.
When this could move next
Fuso Chemical's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-10-30: "Advanced".
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Aiming to become the world's No. 1 malic acid manufacturer | FUSO CHEMICAL CO.,LTD. (4368) | Komori