Weak demand in major applications, including automotive, housing-related, and electrical wire applications
First written in FY2017-Q1. 10 of 33 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-11-13.
New Japan Chemical moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 3 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- 2026-11-13ReframedResults
「主に床材や壁紙、電線被覆材などの建築部材向け汎用可塑剤は、住宅着工戸数に持ち直しの動きが見られたものの、海外からの廉価品流入による競争激化が継続し、販売数量は前年同期を下回りました。しかしながら、原材料価格の高騰に応じた適正な製品価格への改定に努めた結果、売上高は前年同期を上回りました。また、高耐熱・高耐候などの機能性可塑剤につきましては、用途の高度化を背景に国内外の需要が引き続き堅調に推移し、全体の実績を下支えいたしました。」
汎用可塑剤の数量減と売上高増、機能性可塑剤の堅調さが併記され、主要用途の分化が続いている。 - FY2026WorsenedAnnual report
「General-purpose plasticizers used mainly in building materials such as flooring, wallpaper and wire insulation fell below the previous year in both volume and revenue as the competitive environment deteriorated due to sluggish housing starts, higher construction costs and inflows of inexpensive overseas products. Products for the automotive industry were affected in the first half by lower sales due to the Trump tariffs. Orders recovered on a trend in the second half as this impact subsided, but both volume and revenue remained below the previous year.」
General-purpose plasticizers saw volume and revenue fall below the previous year due to sluggish housing starts, higher construction costs and inflows of inexpensive products, while automotive products also fell below the previous year for the full year despite a recovery in orders in the second half. - FY2026-H1ReframedAnnual report
「General-purpose plasticizers used mainly in building materials such as flooring, wallpaper and wire insulation fell substantially below the previous year in both volume and revenue due to increased inflows of inexpensive overseas products. Products for the automotive industry exceeded the previous year in both volume and revenue as demand recovered in some regions. For electronic-materials products, volume was approximately at the previous year's level as end demand remained weak due to the sluggish Chinese economy and the impact of reciprocal tariffs, while revenue fell below the previous year due to price competition from inexpensive overseas products.」
Trends varied by major application: general-purpose plasticizers declined substantially, automotive products recovered, and electronic-materials products maintained approximately the previous year's volume but recorded lower revenue. - FY2025WorsenedAnnual report
「General-purpose plasticizers used mainly in building materials such as flooring, wallpaper and wire insulation fell substantially below the previous year in both volume and revenue due to weak domestic demand and intensified competition from inexpensive overseas products. Products for the automotive industry fell below the previous year in both volume and revenue due to sluggish demand.」
Building-material general-purpose plasticizers saw substantial declines in volume and revenue due to weak domestic demand and intensified competition from inexpensive overseas products, while automotive products also fell below the previous year as demand remained sluggish. - FY2025-H1ReframedAnnual report
「Plasticizer products used mainly as raw materials for building materials such as flooring and wire insulation recorded lower volume than the previous year as domestic demand remained weak and competition for share with inexpensive overseas products intensified. However, revenue exceeded the previous year as price revisions progressed in response to higher raw-material prices. Meanwhile, electronic-materials products exceeded the previous year in both volume and revenue as demand from manufacturers remained firm.」
Conditions diverged by major application: building-material plasticizers saw lower volume but higher revenue due to price revisions, while electronic-materials products increased in both volume and revenue. - FY2024ReframedAnnual report
「Exports of plasticizer products used mainly as raw materials for building materials such as flooring and wire insulation remained weak due to reduced price competitiveness following a sharp decline in overseas market prices. However, 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. Products for the automotive and electronic-materials industries remained firm as demand from manufacturers recovered, with both volume and revenue exceeding the previous year.」
Demand in major applications was uneven, with weak exports and domestic recovery for building-material plasticizers, while automotive and electronic-materials applications continued to exceed the previous year. - FY2024-Q3ReframedAnnual report
「Plasticizer products used as raw materials for building materials such as flooring and wire insulation recorded higher sales volume than the previous year as domestic demand was on a gradual recovery trend, but revenue fell below the previous year due to the significant impact of lower overseas market prices. Products for the automotive industry remained firm as demand recovered, with both volume and revenue exceeding the previous year. For electronic-materials products, actual end demand recovered slowly, but demand from manufacturers improved, resulting in higher volume and revenue than in the previous year.」
Conditions diverged by major application. Building-material plasticizers saw volume increase as domestic demand recovered, but revenue declined due to lower overseas market prices, while automotive and electronic-materials products exceeded the previous year in both volume and revenue. - FY2024-Q2ReframedAnnual report
「Plasticizer products used as raw materials for building materials such as flooring and wire insulation saw exports decline substantially due to reduced price competitiveness following the fall in overseas market prices. Domestic demand also remained weak, but sales volume recovered as difficulties procuring raw materials in the previous fiscal year were resolved, leaving both sales volume and revenue at approximately the previous year's levels. Products for the automotive industry exceeded the previous year in both volume and revenue as automotive production recovered steadily.」
While exports and domestic demand for building-material plasticizers remained weak, automotive products exceeded the previous year as production recovered, resulting in divergent conditions by major application. - FY2024-Q1ReframedAnnual report
「Plasticizer products used as raw materials for building materials such as flooring and wire insulation saw exports decline due to lower overseas market prices, while domestic demand also remained weak. However, sales volume recovered as difficulties procuring raw materials were resolved, leaving revenue at approximately the previous year's level. Demand for products for the automotive industry was on a recovery trend as automotive production recovered, with both volume and revenue exceeding the previous year.」
While exports and domestic demand for plasticizers used in building materials remained weak, volume recovered as difficulties procuring raw materials were resolved. Automotive products exceeded the previous year in both volume and revenue as production recovered, resulting in divergent conditions by major application. - FY2023-Q3WorsenedAnnual report
「Products for the automotive industry recorded lower revenue and volume than in the previous year due to sluggish growth in automotive production caused by the semiconductor shortage.」
Revenue and volume of products for the automotive industry fell below the previous year due to sluggish automotive production. - FY2023-Q1WorsenedAnnual report
「The Group was forced to operate under difficult business conditions due to surging crude oil and vegetable oil prices, difficulties procuring raw materials caused by supply chain disruptions, and the impact of reduced automotive production.」
Reduced automotive production is cited as a new burden on demand in major applications. Revenue for some products exceeded the previous year due to product price revisions. - FY2022-Q3RestatedAnnual report
「Against a backdrop of a gradual recovery in the domestic economy, demand for the Group's products also remained on a recovery trend.」
While demand for products, including in major applications, is said to be on a recovery trend, the automotive industry continues to face a slowdown caused by the semiconductor shortage. - FY2022-Q2MitigatedAnnual report
「In sales to lifestyle-related industries, demand for toiletries and textiles recovered to pre-COVID levels, while sales of additives for daily necessities, pharmaceuticals and food products remained strong.」
Lifestyle-related demand recovered to pre-COVID levels, and additives for daily necessities, pharmaceuticals and food products also performed well. - FY2022-Q1MitigatedAnnual report
「Recovery was seen in lifestyle-related and residential-equipment-related businesses. The automotive business was also on a recovery trend, but restrictions on automotive production due to the global semiconductor shortage emerged in the second half.」
While demand recovered in major applications, including residential and automotive applications, production restrictions caused by the semiconductor shortage newly emerged in the automotive sector. - FY2021-Q2WorsenedAnnual report
「Plasticizer sales fell sharply as demand for housing-materials-related applications, the main sales market, declined, while outdoor construction also decreased this summer, particularly due to the prolonged rainy season.」
In addition to declining demand related to housing materials, reduced outdoor construction due to the prolonged rainy season led to a sharp decline in sales of core plasticizers. - FY2021-Q1WorsenedAnnual report
「Plasticizer sales to housing-materials-related applications, which were heavily affected by the spread of COVID-19, declined sharply, while sales of general-purpose plasticizers (DOP and DINP), widely used in wallpaper, flooring and wire, fell substantially.」
Conditions have deteriorated from weak demand related to housing materials to a sharp decline in demand for housing-materials-related applications caused by the spread of COVID-19 and a substantial decrease in general-purpose plasticizer sales. - FY2020WorsenedAnnual report
「Plasticizers faced difficult conditions in the housing-materials sector, a major sales market, due to the decline in housing starts and increased inflows of inexpensive overseas products.」
Conditions have deteriorated from weak demand for residential equipment and building-material applications and inflows of imported products to a difficult environment in which declining housing starts coincide with increased inflows of inexpensive overseas products. - FY2020-Q3WorsenedAnnual report
「Plasticizers faced difficult conditions as demand for residential equipment and building-material applications, the main end market, declined both domestically and overseas, accompanied by falling prices.」
Conditions have deteriorated from weak demand in some existing applications to a difficult environment in which demand for residential equipment and building-material applications has declined both domestically and overseas, compounded by falling prices. - FY2020-Q2WorsenedAnnual report
「The situation was challenging because demand remained weak in housing equipment and materials applications, the Company’s major sales channel, except in the electrical wire segment, while inflows of imported products increased.」
Weak demand for residential equipment and building-material applications has spread across the business, except in the wire segment, while increased inflows of imported products have added to the difficult conditions. - FY2020-Q1WorsenedAnnual report
「Demand for housing material applications, the Company’s major sales channel, remained weak, and plasticizers were also affected by low-priced competing imports, causing net sales to decline from the previous year.」
The report has shifted from citing weak demand in the electrical wire segment and other areas to citing weak demand across housing material applications, the Company’s major sales channel, as well as the impact of low-priced competing imports, with net sales also falling below the previous year. - FY2019-Q3RestatedAnnual report
「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 housing material applications remains weak, and sales volumes continue to stagnate. - FY2019-Q2RestatedAnnual report
「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.」
Demand in the electrical wire segment of housing material applications has failed to recover, and sales volumes have declined. - FY2019-Q1RestatedAnnual report
「Demand in the electrical wire segment of the housing material applications served by the Company’s major customers remained weak, but net sales of plasticizers increased as product prices were revised in response to higher raw material prices.」
The report states that demand in the electrical wire segment among the Company’s major sales channels remained weak, while plasticizer net sales increased due to revised product prices. - FY2018ReframedAnnual report
「Although housing material applications remained weak, sales of resin raw material products increased because electrical and electronic applications performed well in Japan and overseas.」
The focus by application has shifted from continued weakness in housing material applications to strong sales in electrical and electronic applications offsetting that weakness. - FY2018-Q3RestatedAnnual report
「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.」
The report continues to state that firm demand for housing material applications increased both sales volumes and net sales. - FY2018-Q2MitigatedAnnual report
「Plasticizers benefited from firm demand for housing material applications, the Company’s major sales channel, which increased sales volumes, while revised product prices also lifted net sales above the previous year.」
The report states that firm demand for housing material applications led both sales volumes and net sales to exceed the previous year. - FY2018-Q1MitigatedAnnual report
「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.」
The report states that demand for housing material applications showed signs of recovery and plasticizer sales exceeded the previous year. - FY2017RestatedAnnual report
「Sales volumes stagnated because the recovery in demand for housing-related materials and electrical wires, the Company’s major customers, was slow.」
The slow recovery in demand for housing-related materials and electrical wires continues. - FY2017-Q3RestatedAnnual report
「The recovery in demand for housing-related materials and electrical wires remained slow, product prices also languished, and plasticizer net sales fell below the previous year.」
The report states that the recovery in demand for housing-related materials and electrical wires remains slow. - FY2017-Q2RestatedAnnual report
「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.」
The report states that the recovery in demand for housing-related materials and electrical wires was slow, causing plasticizer sales to fall below the previous year. - FY2017-Q1MaterialisedAnnual report
「Plasticizers were affected by weak demand for housing-related materials and electrical wires, as well as lower crude oil prices, and net sales fell well below the previous year.」
Weak demand in major applications emerged as a factor behind the decline in product sales.