Reduced Petroleum Resin Production Due to Raw Material Shortages
First written in FY2017-Q2. 8 of 18 entries say "Mitigated", first in FY2018-Q3. Latest entry: FY2025-H1.
Toho Chemical Industry moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2018: 5 of 8 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「Although reduced production of petroleum resins due to raw material shortages continued, conditions improved year on year, and revenue increased as the scale of the production cuts narrowed.」
Although reduced production due to raw material shortages continued, the scale of the cuts narrowed year on year and petroleum resins recorded higher revenue, partly alleviating the impact. - FY2024-Q3RestatedAnnual report
「Petroleum resins recorded a decline in revenue of approximately 40% due to the impact of substantial production cuts caused by raw material shortages.」
Substantial production cuts in petroleum resins due to raw material shortages continued, resulting in a decline in revenue of approximately 40%. No recovery from the previous fiscal year was stated, and the impact of the risk continued. - FY2024-Q2WorsenedAnnual report
「Petroleum resins recorded a significant decline in revenue of more than 50% due to the impact of substantial production cuts caused by raw material shortages.」
The impact of reduced petroleum resin production due to raw material shortages expanded substantially, resulting in a significant decline in revenue of more than 50%. - FY2024-Q1WorsenedAnnual report
「Petroleum resins recorded a substantial decline in revenue due to the impact of reduced production caused by raw material shortages.」
The impact of reduced petroleum resin production due to raw material shortages continued into the first quarter, and revenue for the resins segment as a whole declined 25.9% year on year, resulting in a loss of ¥47 million. - FY2023WorsenedAnnual report
「Petroleum resins recorded higher revenue due to higher selling prices, despite a decline in sales volume caused by reduced production due to raw material shortages.」
The impact of reduced production due to raw material shortages was again disclosed as a full-year decline in sales volume. Higher product selling prices secured an increase in revenue, but raw material shortage risk shifted toward deterioration from the recovery trend in the previous fiscal year. - FY2022MitigatedAnnual report
「Petroleum resins recorded higher revenue as sales to major users grew. As a result, segment revenue increased by ¥643 million, or 24.0%, from the previous fiscal year to ¥3,321 million, while segment profit increased by ¥114 million to ¥138 million.」
Sales of petroleum resins to major users, which had remained sluggish following reduced production due to raw material shortages, grew, resulting in higher revenue and profit for the resins segment. - FY2022-Q1MitigatedAnnual report
「Petroleum resins recorded higher revenue as sales to major users recovered. … As a result, segment revenue increased by ¥93 million, or 14.8%, year on year to ¥723 million, while segment profit was ¥4 million, compared with a loss of ¥61 million in the same period of the previous fiscal year.」
Sales of petroleum resins to major users, which had remained sluggish following reduced production due to raw material shortages, recovered, and the resins segment turned from a loss in the same period of the previous fiscal year to a profit of ¥4 million. - FY2020-Q2RestatedAnnual report
「Petroleum resins recorded higher revenue as sales to major users grew.」
The recovery in sales to major users, which had remained sluggish following reduced production due to raw material shortages, continued. - FY2020-Q1MitigatedAnnual report
「Petroleum resins recorded higher revenue, mainly due to increased sales to major users. As a result, segment revenue increased by ¥1 million, or 0.2%, year on year to ¥793 million, while segment profit increased by ¥11 million to ¥13 million.」
Sales of petroleum resins to major users, which had remained sluggish following reduced production due to raw material shortages, increased, resulting in higher revenue and profit for the resins segment. - FY2019MitigatedAnnual report
「Petroleum resins recorded a substantial increase in revenue due to the recovery in demand for sales to major users.」
Sales of petroleum resins to major users, which had remained sluggish following reduced production due to raw material shortages, recovered, resulting in higher revenue and profit for the resins segment. - FY2019-Q2MitigatedAnnual report
「Petroleum resins recorded higher revenue due to the recovery in demand for sales to major users.」
The recovery in demand for sales to major users, which had declined following reduced production due to raw material shortages, continued, further alleviating the impact. However, the resins segment as a whole still recorded a loss of ¥39 million. - FY2019-Q1MitigatedAnnual report
「Petroleum resins recorded a substantial increase in revenue due to the recovery in demand for sales to major users. As a result, segment revenue increased by ¥123 million, or 18.5%, year on year to ¥792 million, while segment profit was ¥2 million, compared with a loss of ¥25 million in the same period of the previous fiscal year.」
Sales to major users, which had declined following reduced production due to raw material shortages, recovered, and the resins segment turned from a loss of ¥25 million in the same period of the previous fiscal year to a profit of ¥2 million. The impact was alleviated, but a full recovery was not stated. - FY2018-Q3MitigatedAnnual report
「Meanwhile, although petroleum resins entered a recovery trend in the third quarter, revenue declined because the recovery in sales to major users, which had fallen in the previous fiscal year due to reduced production caused by raw material shortages, had not progressed enough to make up the shortfall.」
Petroleum resins entered a recovery trend in the third quarter, partly alleviating the impact of reduced production due to raw material shortages. However, the delayed recovery in sales to major users remained, and revenue continued to decline. - FY2018-Q2RestatedAnnual report
「Meanwhile, petroleum resins recorded a substantial decline in revenue because the recovery in sales to major users, which had fallen in the previous fiscal year due to reduced production caused by raw material shortages, was delayed. As a result, segment revenue decreased by ¥51 million, or 3.6%, year on year to ¥1,352 million, while the segment loss was ¥16 million, compared with a loss of ¥2 million in the same period of the previous fiscal year.」
The delayed recovery in sales to major users following reduced production due to raw material shortages continued, resulting in a ¥16 million loss for the resins segment. The impact of the risk continued to be felt. - FY2018-Q1WorsenedAnnual report
「Meanwhile, sales of petroleum resins declined substantially due to a delayed recovery from the production cuts caused by a raw material shortage. As a result, this segment's net sales were ¥668 million, down ¥102 million, or 13.3%, year on year, and its segment loss was ¥25 million (compared with a ¥15 million profit in the same period of the previous year).」
Recovery from the impact of reduced production due to raw material shortages was delayed, and the resins segment, including petroleum resins, recorded a 13.3% decline in revenue and a loss of ¥25 million. The impact of raw material shortage risk continued during the quarter, worsening earnings year on year. - FY2017WorsenedAnnual report
「Petroleum resins recorded lower sales to major users due to the impact of reduced production caused by raw material shortages, and the decline in selling prices compounded the effect, resulting in a substantial decline in revenue. As a result, segment revenue decreased by ¥370 million, or 11.5%, from the previous fiscal year to ¥2,849 million, while segment profit decreased by ¥23 million to ¥51 million.」
Reduced production due to raw material shortages continued throughout the fiscal year, and the decline in sales to major users coincided with lower selling prices, resulting in an 11.5% decline in revenue for the resins segment and a ¥23 million decrease in profit. - FY2017-Q3WorsenedAnnual report
「Petroleum resins were forced into reduced production due to raw material shortages, leading to lower sales to major users. Together with the impact of lower selling prices, this resulted in a substantial decline in revenue.」
The impact of reduced production due to raw material shortages continued, and the decline in sales to major users coincided with lower selling prices, deepening the deterioration from the previous quarter's revenue decline to a substantial decline. - FY2017-Q2MaterialisedAnnual report
「Petroleum resins recorded lower revenue in the second quarter due to the impact of reduced production caused by raw material shortages.」
This is the first specific disclosure that raw material shortages reduced petroleum resin production and resulted in lower revenue.