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Ishihara Chemical (4462) · InitiativeWorsened

Expansion of sales of new products for steel companies

First written in FY2021-Q3. 3 of 11 entries say "Restated". Latest entry: 2026-07-31.

11entries
6years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021-Q3 – FY2022-Q3RestatedFY2024-Q3AdvancedFY2025-H1 – FY20252021: 220212022: 120222023: 120232024: 220242025: 220252026: 32026
Same theme, other companies
Expanding sales of industrial chemicals and new products to steel companiesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. 2026-07-31WorsenedEarnings

    「Although industrial chemicals for the core steel industry market performed well, sales fell below the previous year because the decline in sales volumes of some products resulting from the situation in the Middle East could not be fully offset.」

    Although sales to the steel industry market performed well, the decline in sales volumes of some products resulting from the situation in the Middle East could not be offset, and sales of industrial chemicals fell below the previous year.
  2. FY2026WorsenedAnnual report

    「Sales of industrial chemicals fell below the previous year in the core steel industry market, affected by lower production volumes resulting from weaker demand for steel products and by equipment problems. In addition, orders for catalysts supplied to chemical companies, which had performed well last year, declined this fiscal year owing to the impact of replacement cycles.」

    For the steel industry, weaker demand for steel products, lower production volumes and equipment problems, and for catalysts supplied to chemical companies, lower order volumes due to the replacement cycle caused industrial chemicals sales to fall below the previous year.
  3. 2026-05-15RestatedEarnings

    「Sales of industrial chemicals fell below the previous year in the core steel industry market, affected by lower production volumes resulting from weaker demand for steel products and by equipment problems. In addition, orders for catalysts supplied to chemical companies, which had performed well last year, declined this fiscal year owing to the impact of replacement cycles.」

    The company reconfirmed, based on the full-year results, that orders declined because of weaker demand and equipment problems in the steel industry market and replacement cycles for catalysts supplied to chemical companies.
  4. FY2026-H1WorsenedAnnual report

    「Industrial chemicals sales fell below the previous year as the main steel industry business was affected by lower plant operating rates and inventory adjustments. In addition, order volume for catalysts supplied to chemical companies, which performed well last year, declined this fiscal year due to the replacement cycle.」

    For the steel industry, lower plant operating rates and inventory adjustments, and for catalysts supplied to chemical companies, the replacement cycle led to lower order volumes, causing industrial chemicals sales to fall below the previous year. No progress from the expansion of sales of new products is noted for the current interim consolidated accounting period.
  5. FY2025AdvancedAnnual report

    「In addition, sales exceeded the previous year, helped by the acquisition of new water treatment chemical projects and expanded sales of coal modification chemicals.」

    In the industrial chemicals field, new water treatment chemical projects were acquired and sales of coal modification chemicals were expanded, resulting in sales exceeding the previous year.
  6. FY2025-H1AdvancedAnnual report

    「Although caustic soda, the main product, remained sluggish, demand recovered for catalysts for PVC and chemicals for special steel sheets. Sales also exceeded the previous year due to the acquisition of new water treatment chemical projects.」

    While the main caustic soda business was sluggish, industrial chemicals sales exceeded the previous year due to the recovery in demand for PVC catalysts and chemicals for special steel sheets, as well as the acquisition of new water treatment chemical projects. The acquisition of new projects is indicated as a specific development.
  7. FY2024-Q3RestatedAnnual report

    「Industrial chemicals sales significantly exceeded the previous year despite the delayed recovery in steel demand, due to higher prices for existing products, market share expansion and increased sales of new products.」

    Higher prices for existing products, market share expansion and increased sales of new products have continued despite the delayed recovery in steel demand.
  8. FY2024-Q1AdvancedAnnual report

    「Industrial Chemicals significantly outperformed the previous year, driven by higher prices for existing products, increased market share and the acquisition of new projects, despite a delay in the recovery of steel demand.」

    The company has reported acquiring new projects and expanding its market share in connection with the expansion of sales of new products for steel companies, and industrial chemicals performance has exceeded the previous year.
  9. FY2022-Q3RestatedAnnual report

    「Although revenue was below the previous year due to lower chemical consumption resulting from reduced specialty steel sheet production and the impact of applying the accounting standard, operating profit exceeded the previous year, supported by recovering demand, particularly from steel companies, and expanded sales of new products.」

    Recovery in demand from steel companies and the expansion of sales of new products continued, and operating profit in the industrial chemicals segment increased 23.8% year on year to ¥142 million. No new separate milestone concerning the expansion of sales of new products is indicated.
  10. FY2021Weak demand hindered progressAnnual report

    「Results were below the previous year because demand in the steel and chemical industries remained sluggish due to the impact of COVID-19, and efforts to pursue new projects were also hindered.」

    Efforts on new projects related to expanding sales of new products for steel companies were impeded, and performance in the industrial chemicals field fell below the previous year.
  11. FY2021-Q3First statedAnnual report

    「Although the Company pursued expanded sales of new products, mainly to steel companies, performance was weak owing to sluggish demand in the steel and chemical industries.」

    An initiative to expand sales of new products, mainly for steel companies, has been documented separately for the first time. The industrial chemicals segment remained sluggish due to weak demand.
Moved together

"Enhancing corporate value by improving ordinary profit, ROE and EPS" moved the same way as this thread, in the same document, in 3 of its 11 moves.

333333★123456
  1. ★This thread
  2. 1Enhancing corporate value by improving ordinary profit, ROE and EPS3×
  3. 2Risks from Technological Change, Competition, and Demand Fluctuations in the Electronics Sector3×
  4. 3Capital investment demand for automated chemical conversion treatment solution management equipment among Korean companies3×
  5. 4Business expansion through the development of new products, technologies and markets3×
  6. 5Diversification of Production Locations and Expansion of Production Capacity3×
  7. 6Risk of Price Declines and Market Volatility Relating to Securities Held3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Ishihara Chemical yet. It last moved in the Earnings of 2026-07-31: "Worsened".
News
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Expansion of sales of new products for steel companies | ISHIHARA CHEMICAL CO.,LTD. (4462) | Komori