Impact of lower crude oil prices on plasticizer revenue

「In the chemical industry, demand for semiconductor materials expanded with the spread of generative AI, while surging naphtha prices and deteriorating market conditions for general-purpose products due to stagnant demand in China put pressure on earnings.」

「As domestic demand gradually recovered and price pass-through progressed in response to higher raw-material prices, both volume and revenue were approximately at the previous year's levels.」

「Although crude oil and vegetable oil prices, the raw materials, were on a downward trend, the Group was forced to operate under difficult business conditions due to the impact of surging energy prices.」

「Although crude oil and vegetable oil prices were on a downward trend, the Group was forced to operate under difficult business conditions due to changes in raw-material suppliers caused by supply chain disruptions and higher raw-material prices resulting from the yen's depreciation.」

「Although the company has been working to pass higher raw-material prices through to product prices, the pass-through has not reached a sufficient level amid difficulties procuring raw materials, resulting in lower profitability.」

「As surging crude oil prices also affected natural vegetable oil prices, many of the Group's products were affected by higher raw-material prices.」

「Revenue exceeded the previous year as price revisions progressed in response to surging naphtha prices.」

「Although raw-material prices temporarily surged, they remained low for the full year, causing selling prices to decline and revenue to fall below the previous year.」

「Surfactants and unsaturated alcohols continued to perform well, while glycerin remained weak. As raw-material prices also remained stable at low levels, revenue fell below the previous year.」

「Surfactants and unsaturated alcohols performed well among oleochemical products, while glycerin was weak. Selling prices across the product portfolio declined due to raw-material price trends, resulting in revenue below the previous year.」

「Revenue from oleochemical products fell below the previous year because selling prices declined in response to fluctuations in raw-material market prices for both fatty-acid and alcohol products.」

「Demand in the electrical wire segment of the housing material applications served by the Company’s major customers remained weak, causing sales volumes to stagnate. However, net sales exceeded the previous year, partly due to the effect of product price revisions in response to soaring raw material prices.」

「Demand in the electrical wire segment of the housing material applications served by the Company’s major customers failed to recover, causing sales volumes to decline. However, net sales increased because product prices were revised in response to soaring raw material prices.」

「Revenue increased as product-price revisions progressed in response to higher raw-material prices.」

「Plasticizer revenue exceeded the previous year as sales volume increased in the residential-materials market, the main sales market, and the company revised product prices in response to higher raw-material prices.」

「Plasticizers benefited from firm demand for housing material applications, the Company’s major sales channel, which increased sales volumes, while net sales also increased as product prices were revised in response to higher raw material prices.」

「However, as product-price revisions progressed in response to fluctuations in raw-material prices, revenue was approximately at the previous year's level.」

「Plasticizers outperformed the previous year because the Company revised product prices in line with fluctuations in raw material prices and demand for housing material applications, one of its major sales channels, showed signs of recovery.」

「Delays in adjusting prices in response to raw-material price fluctuations and fluctuations in foreign exchange rates put downward pressure on revenue and profit.」

「More recently, raw-material prices have been trending upward, creating difficult conditions in terms of profitability as well.」

「Plasticizers were affected by lower crude oil prices, while the recovery in demand for housing-related materials and electrical wires remained slow, and net sales fell below the previous year.」

「Revenue fell substantially below the previous year due to the impact of lower crude oil prices.」