Declining overseas market prices for plasticizers reduce price competitiveness
First written in FY2024-Q2. 8 of 11 entries say "Worsened", first in FY2025-H1. Latest entry: 2026-11-13.
New Japan Chemical moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 5 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Sales volumes and net sales of general-purpose plasticizers, used mainly in building materials such as flooring, wallpaper and electric wire coatings, fell below the previous year as the competitive environment deteriorated due to sluggish housing starts, higher construction costs and inflows of lower-priced products from overseas.」
Competition from overseas plasticizers, combined with sluggish housing starts and higher construction costs, has emerged as a decline in volumes and net sales below the previous year. - FY2026-H1WorsenedAnnual report
「Sales volumes and net sales of general-purpose plasticizers, used mainly in building materials such as flooring, wallpaper and electric wire coatings, fell substantially below the previous year as inflows of lower-priced overseas products increased.」
Increased inflows of lower-priced overseas products caused volumes and net sales of general-purpose plasticizers to fall substantially below the previous year, making the competitive risk from overseas products evident in actual results. - FY2025WorsenedAnnual report
「Sales volumes and net sales of general-purpose plasticizers, used mainly in building materials such as flooring, wallpaper and electric wire coatings, fell substantially below the previous year due to sluggish domestic demand and intensifying competition from lower-priced overseas products.」
In addition to declining overseas market prices and reduced price competitiveness for plasticizers, intensifying competition from lower-priced overseas products has emerged as a substantial decline in volumes and net sales. - FY2025-H1WorsenedAnnual report
「Although sales volumes of plasticizer products, which are primarily raw materials for building materials such as flooring and electric wire coatings, fell below the previous year due to sluggish domestic demand and intensifying competition for market share from lower-priced overseas products, net sales exceeded the previous year as price revisions in response to rising raw material prices progressed.」
In addition to reduced price competitiveness resulting from declining overseas market prices, intensifying competition for market share from lower-priced overseas products caused plasticizer sales volumes to fall below the previous year. Net sales exceeded the previous year following price revisions. - FY2024SoftenedAnnual report
「Although exports remained sluggish due to reduced price competitiveness resulting from a substantial decline in overseas market prices, volumes and net sales were at the same levels as the previous year as domestic demand gradually recovered and price pass-through in response to rising raw material prices progressed.」
While exports remained sluggish due to declining overseas market prices for plasticizers, volumes and net sales were at the same levels as the previous year because of the recovery in domestic demand and price pass-through. - FY2024-Q3RestatedAnnual report
「Against this backdrop, although our group benefited from positive factors such as the steady performance of the automotive industry and increased inbound demand, the significant impact of sluggish exports resulting from stagnation in the European and Chinese economies and reduced price competitiveness due to declining overseas market prices for plasticizers caused sales volumes to stagnate and weighed on earnings.」
Reduced price competitiveness resulting from declining overseas market prices for plasticizers continues to contribute to sluggish exports, stagnant sales volumes and pressure on earnings. - FY2024-Q2First statedAnnual report
「Sales volumes declined, primarily due to the significant impact of reduced price competitiveness resulting from declining overseas market prices for plasticizers.」
The company states that declining overseas market prices for plasticizers actually led to reduced price competitiveness and a decline in export sales volumes.