Influx of low-priced petrochemical products from new large-scale overseas plants and intensifying competition
First written in FY2019-Q3. 3 of 8 entries say "Restated". Latest entry: FY2025-H1.
Toho Chemical Industry moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「As the price gap between domestically and overseas sourced raw materials widened, sales of cosmetic and toiletry ingredients to major users fell sharply as procurement shifted to lower-priced imports.」
The concern over intensifying competition from an influx of low-priced imports materialized in the form of procurement shifts by major users of cosmetic and toiletry ingredients and a sharp decline in sales. - FY2021-Q2RestatedAnnual report
「The chemical industry also saw demand decline across many sectors, including automobiles, and the business environment deteriorated. Demand for semiconductor-related materials remained firm, and signs of recovery were seen in automobile production and other areas. However, concerns remain that demand in many sectors will take time to recover to pre-pandemic levels, and difficult conditions are expected to continue.」
Demand declined across many sectors, including automobiles, and the difficult business environment continues. Although semiconductor-related materials and automobile production are showing signs of recovery, there has been no significant change in the difficult market environment, including the risks of looser supply and demand and intensifying competition due to low-priced overseas products. - FY2020ReframedAnnual report
「Our group is working to maintain and enhance its competitive advantages by differentiating its products through stronger proprietary technologies, improving price competitiveness through higher productivity, and earning customer trust through stricter quality control, adherence to delivery deadlines and other measures. However, changes in the business environment, including intensifying price competition due to inflows of inexpensive products from overseas, the emergence of companies in emerging markets, rapid technological advances by competitors, and chemical manufacturers to which our group sells products beginning to produce those products in-house, could reduce our group's competitiveness.」
The scope of the disclosure has expanded from the specific competitive concern of low-priced products flowing in from large overseas plants to the broader risk of an overall decline in competitive advantage, including low-priced overseas products, emerging-market companies, technological improvements by competitors, and customers bringing production in-house. - FY2020-Q3RestatedAnnual report
「In the chemical industry, demand has generally slowed due to the slowdown in overseas economies, while global supply and demand have eased and international market conditions have been trending weak as production of shale gas-derived chemical products from newly built and expanded plants in the United States gathers pace.」
The ramp-up in production of shale gas-derived products at newly built and expanded U.S. plants, the global easing of supply and demand, and weak international market conditions continued to be cited. - FY2020-Q2MaterialisedAnnual report
「As production of shale gas-derived chemical products from newly built and expanded plants in the United States gathers pace, global supply and demand have eased and international market conditions have been trending weak.」
The concern over inflows of inexpensive chemical products from large overseas plants and intensifying competition has materialized in the market environment as global supply and demand eased and international market conditions weakened amid the ramp-up in U.S. production of shale gas-derived products. - FY2020-Q1WorsenedAnnual report
「As production of shale gas-derived chemical products from newly built and expanded plants in the United States gathers pace, concerns are growing over a global easing of supply and demand and intensifying competition.」
The risk of inflows of inexpensive petrochemical products from large overseas plants and intensifying competition was attributed specifically to newly built and expanded plants in the United States and the ramp-up in production of shale gas-derived products. - FY2019RestatedAnnual report
「Concerns include a slowdown in the global economy resulting from trade friction and intensifying competition caused by inflows of inexpensive petrochemical products as large new overseas plants come on stream.」
The risk of inflows of inexpensive products from large new overseas plants and intensifying competition, first identified in the previous quarter, continued to be cited in the full-year assessment of the business environment. - FY2019-Q3First statedAnnual report
「At the same time, concerns include a slowdown in the global economy resulting from trade friction and intensifying competition caused by inflows of inexpensive petrochemical products as large new plants overseas come on stream.」
The risk of intensifying competition as inexpensive petrochemical products flowed in from large new overseas plants was explicitly identified for the first time.