Weak demand for individual products and applications and inventory adjustments
First written in FY2019-Q1. 9 of 25 entries say "Worsened", first in FY2019. Latest entry: FY2026.
Sanyo Chemical Industries 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 2023: 3 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026Demand recovery coexisting with withdrawal effects and the impact of low-priced productsAnnual report
「In the information industry-related field, net sales increased as demand for toner binders entered a recovery trend. In the electrical and electronic industry-related field, electrolytes for aluminum electrolytic capacitors remained sluggish for automotive applications because of the delayed recovery of the EV market, but performed strongly as demand for non-automotive applications increased, while sales of related materials increased as the semiconductor market remained firm, resulting in higher net sales.」
While demand is recovering or increasing for toner binders, non-automotive electrolytes and semiconductor-related materials, withdrawal from SAP and the impact of low-priced overseas products remain, and demand continues to diverge by product and application. - FY2026-H1Demand recovery coexisting with withdrawal effects and the impact of low-priced productsAnnual report
「In the transportation equipment industry-related field, the business environment for raw materials for polyurethane foam used in automotive seats and other applications became more challenging because of pressure from low-priced overseas products, causing sales to remain sluggish both in Japan and overseas and net sales to decline. In the information industry-related field, materials for polymerized toner remained sluggish because of the withdrawal from the production business in China and other factors, but net sales were flat as demand for toner binders entered a recovery trend. In the electrical and electronic industry-related field, electrolytes for aluminum electrolytic capacitors remained sluggish for automotive applications because of the delayed recovery of the EV market, but sales of related materials increased as the advanced semiconductor market remained firm, resulting in higher net sales.」
Inflows of low-priced overseas products, withdrawal from the Chinese production business for materials for polymerized toner, and the delayed recovery of the EV market are restraining demand and sales, while the company records recovering demand and higher sales for toner binders and advanced semiconductor-related materials, indicating continuing divergence in demand by product and application. - FY2025Demand recovery alongside withdrawal effectsAnnual report
「In the information industry-related field, demand for toner binders is recovering, but materials for polymerized toner remained sluggish because of the withdrawal from the production business in China and other factors, resulting in a significant decline in net sales.」
While demand is recovering for toner binders, lubricant additives and advanced semiconductor materials, differences in demand by product and application continue because of the withdrawal from superabsorbent polymers and the Chinese production business and the delayed recovery of the EV market. - FY2025-H1Recovery in automotive and semiconductor-related demand alongside withdrawal effectsAnnual report
「In the petroleum and transportation equipment industry-related field, sales of lubricant additives increased as demand recovered, but sales of raw materials for polyurethane foam used in automotive seats and other applications remained flat despite a recovery trend in automobile production because low-priced overseas products flowed into the market. Sales of urethane beads for automotive interior skin materials overseas were sluggish, resulting in flat net sales.」
The company records recovering demand for lubricant additives and semiconductor-related materials, while growth in raw materials for polyurethane foam is constrained by inflows of low-priced overseas products, overseas sales of urethane beads remain sluggish, and withdrawal effects persist for superabsorbent polymers and materials for polymerized toner. - FY2024-Q3Recovery in automotive-related demand and weakness in other applicationsAnnual report
「In the petroleum and transportation equipment industry-related field, net sales remained strong because automotive production recovered, increasing sales of urethane beads for automotive interior skin materials, lubricant additives and raw materials for polyurethane foam used in automotive seats and other applications.」
Automotive-related products, for which lower demand resulting from reduced automobile production had been recorded through the previous quarter, have shifted to higher sales as automobile production recovered. Meanwhile, weak demand or delayed recovery continues in other products and applications, indicating divergent demand trends. - FY2024-Q2WorsenedAnnual report
「In the consumer products industry-related field, net sales declined because market conditions for surfactants for liquid laundry detergents and polyethylene glycol remained weak both in Japan and overseas, causing demand to decline. In the electrical and electronic industry-related field, sales of related materials declined because the semiconductor market remained sluggish. Sales also declined as electrolytes for aluminum electrolytic capacitors remained sluggish. In the environmental industry-related field, sales remained sluggish because demand for cationic monomers used in polymer flocculants remained weak. In the housing equipment industry-related field, sales of raw materials for polyurethane foam used in furniture and insulation materials and raw materials for construction sealants declined as stay-at-home demand subsided.」
The company records lower demand or weak market conditions for multiple products and applications, including polyethylene glycol, semiconductor-related materials, electrolytes for aluminum electrolytic capacitors, cationic monomers and housing-equipment-related raw materials. - FY2024-Q1WorsenedAnnual report
「In the consumer products industry-related field, sales declined because market conditions for polyethylene glycol remained weak both in Japan and overseas and demand fell sharply, although surfactants for hair-care products performed steadily. In the health industry-related field, sales declined significantly because sales volume of superabsorbent polymers fell across Asia, including Japan and China, despite price revisions implemented in response to higher raw material and utility costs.」
The company records lower demand and sales volumes for polyethylene glycol and superabsorbent polymers in Japan, overseas and across Asia, indicating that weak demand for individual products is spreading. It also records lower demand for electronic components, semiconductors, electrolytes for aluminum electrolytic capacitors and cationic monomers. - FY2023WorsenedAnnual report
「In the petroleum and transportation equipment industry-related field, demand for raw materials for polyurethane foam used in automotive seats and other applications, urethane beads for automotive interior skin materials and lubricant additives declined because of automotive production adjustments, but net sales increased due to price revisions prompted by higher raw material prices.」
Lower demand for multiple products resulting from automotive production adjustments was reflected in full-year results, and segment operating profit declined 20.5% year on year because of lower sales volume. - FY2023-Q3WorsenedAnnual report
「In the petroleum and transportation equipment industry-related field, demand for raw materials for polyurethane foam used in automotive seats and other applications, urethane beads for automotive interior skin materials and lubricant additives declined as automobile production fell, but net sales increased significantly due to price revisions prompted by higher raw material prices.」
Automotive-related products, for which demand recovery had been recorded through the previous quarter, have shifted to declining demand because of lower automobile production. Net sales increased due to price revisions, but segment operating profit declined 21.9% year on year. - FY2023-Q2Demand recovery and continuing regional differencesAnnual report
「In the consumer products industry-related field, demand for polyethylene glycol declined because of the lockdown in Shanghai, China, but net sales remained strong as sales of surfactants for hair-care products increased and paper-making chemicals remained firm.」
While lower demand for polyethylene glycol resulting from the Shanghai lockdown continues, sales of surfactants for hair-care products and paper-making chemicals increased or remained firm, and differences in demand by product and region continue. - FY2023-Q1Demand recovery and regional differencesAnnual report
「In the lifestyle-related fields, sales were flat. Demand for polyethylene glycol declined due to the lockdown in Shanghai, China, but sales of surfactants for hair-care products increased overseas and paper-related chemicals remained firm.」
While lower demand for polyethylene glycol resulting from the Shanghai lockdown remains, demand for products such as surfactants for hair-care products sold overseas and paper-making chemicals remains firm, indicating diverging demand by product and region. - FY2022-Q3MitigatedAnnual report
「In the consumer products industry-related field, net sales increased significantly because sales of polyethylene glycol increased both in Japan and overseas and paper-making chemicals recovered. In the health industry-related field, sales of superabsorbent polymers temporarily declined because customers sharply adjusted production in the Chinese market, but subsequently entered a recovery trend, leaving net sales flat.」
The company records a recovery in sales of polyethylene glycol and paper-making chemicals, while superabsorbent polymers also entered a recovery trend after a temporary decline. Differences in demand by product nevertheless remain. - FY2022-Q2Demand recovery and divergenceAnnual report
「In the consumer products industry-related field, net sales increased significantly because sales of polyethylene glycol increased both in Japan and overseas and paper-making chemicals recovered. In the health industry-related field, sales declined because customers temporarily reduced production in the Chinese market, where superabsorbent polymers are the core product. In the petroleum and transportation equipment industry-related field, sales of urethane beads for automotive interior skin materials were flat, but net sales increased significantly as raw materials for polyurethane foam used in automotive seats and other applications and lubricant additives performed strongly. In the plastics industry-related field, the core product, permanent antistatic agents, continued to perform strongly, while demand for resin modifiers used in paint-coating chemicals and additives and as binders for paints recovered overseas, resulting in a significant increase in net sales. In the information industry-related field, sales of polyester beads for polymerized toner were flat, but net sales increased significantly as sales of binders for pulverized toner performed strongly.」
The company records recovering or increasing demand and sales for polyethylene glycol, lubricant additives, permanent antistatic agents, resin modifiers and toner binders, while sales of superabsorbent polymers continue to decline because of sharp production adjustments by Chinese customers, indicating further divergence in demand by product and application. - FY2022-Q1Diverging demand by productAnnual report
「In the health industry-related field, sales declined significantly because customers sharply adjusted production in the Chinese market, where superabsorbent polymers are the core product. In the petroleum and transportation equipment industry-related field, sales of raw materials for polyurethane foam used in automotive seats and other applications, lubricant additives and urethane beads for automotive interior skin materials all performed strongly as demand in the automotive industry recovered, resulting in a significant increase in net sales.」
While demand recovered for automotive-related products and others, sales of superabsorbent polymers in the Chinese market declined significantly because customers sharply adjusted production, indicating divergent demand trends by product and application. - FY2021RestatedAnnual report
「In the petroleum and transportation equipment industry-related field, sales of raw materials for polyurethane foam used in automotive seats and other applications, lubricant additives and urethane beads for automotive interior skin materials all remained sluggish because of weakness in the automotive industry through September, resulting in a significant decline in net sales.」
The company records that weak demand for multiple products resulting from weakness in the automotive industry was reflected in full-year results. - FY2021-Q3RestatedAnnual report
「In the consumer products industry-related field, sales declined because sales of polyethylene glycol remained sluggish both in Japan and overseas amid deteriorating market conditions, while sales of surfactants for liquid laundry detergents also remained sluggish. In the health industry-related field, sales of the core product, superabsorbent polymers, failed to increase because of product price revisions accompanying lower raw material prices, despite strong demand in China, but sales were flat partly because sales of disinfectants and other products increased. In the information industry-related field, use of multifunction printers and other office equipment declined as working from home increased, causing sales of binders for pulverized toner and polyester beads for polymerized toner to remain sluggish and decline significantly.」
Sales of polyethylene glycol, superabsorbent polymers and toner-related products continue to decline because of weak demand and changes in inventory levels and usage conditions. - FY2021-Q2WorsenedAnnual report
「In the consumer products industry-related field, sales declined because sales of polyethylene glycol remained sluggish both in Japan and overseas amid deteriorating market conditions, while sales of surfactants for liquid laundry detergents also remained sluggish. In the health industry-related field, sales of the core product, superabsorbent polymers, declined due to product price revisions accompanying lower raw material prices, despite strong demand in China, but sales were flat partly because sales of disinfectants and other products increased. In the petroleum and transportation equipment industry-related field, sales declined significantly because sales of raw materials for polyurethane foam used in automotive seats and other applications, lubricant additives and urethane beads for automotive interior skin materials all remained sluggish amid weakness in the automotive industry. In the plastics industry-related field, sales of the core product, permanent antistatic agents, were flat, but sales declined because sales of chemicals and additives for paint coatings and resin modifiers used as model-making materials for automotive applications and as binders for paints remained sluggish. In the textile industry-related field, sales of chemicals for carbon fibers performed strongly on higher demand, but sales declined significantly because sales of urethane resins for synthetic leather and elastic fibers and processing oils used in manufacturing tire cord yarn and other products remained sluggish. In the information industry-related field, use of multifunction printers and other office equipment declined as working from home increased, causing sales of binders for pulverized toner and polyester beads for polymerized toner to remain sluggish and decline significantly.」
Against a backdrop of deteriorating market conditions, weakness in the automotive industry and lower multifunction-printer usage due to working from home, weak demand is spreading across multiple products and applications. - FY2021-Q1WorsenedAnnual report
「In the consumer products industry-related field, sales declined because sales of polyethylene glycol remained sluggish both in Japan and overseas amid deteriorating market conditions, while sales of surfactants for liquid laundry detergents also remained sluggish. In the petroleum and transportation equipment industry-related field, sales declined significantly because sales of raw materials for polyurethane foam used in automotive seats and other applications, lubricant additives and urethane beads for automotive interior skin materials all remained sluggish amid weakness in the automotive industry. In the information industry-related field, use of multifunction printers and other office equipment declined as working from home increased, causing sales of binders for pulverized toner and polyester beads for polymerized toner to remain sluggish and sales to decline significantly.」
Against a backdrop of deteriorating market conditions, weakness in the automotive industry and lower office multifunction-printer usage due to working from home, weak demand is spreading across multiple products and applications. - FY2020-Q3RestatedAnnual report
「In the consumer products industry-related field, sales of surfactants for liquid laundry detergents were flat, while sales of polyethylene glycol remained sluggish both in Japan and overseas, resulting in sluggish sales. In the health industry-related field, sales of the core product, superabsorbent polymers, declined significantly, resulting in sluggish sales. In the information industry-related field, sales of binders for pulverized toner remained flat, but sales of polyester beads for polymerized toner declined because users adjusted inventories, resulting in sluggish sales.」
Sales of polyethylene glycol, superabsorbent polymers and polyester beads for polymerized toner continue to decline because of weak demand and inventory adjustments. - FY2020-Q2WorsenedAnnual report
「In the consumer products industry-related field, sales were sluggish because, although sales of surfactants for liquid laundry detergents continued to perform strongly, sales of polyethylene glycol remained sluggish both in Japan and overseas. In the health industry-related field, sales of the core product, superabsorbent polymers, declined significantly, resulting in sluggish sales. In the information industry-related field, sales of binders for pulverized toner remained flat, but sales of polyester beads for polymerized toner declined because users adjusted inventories, resulting in sluggish sales.」
While weak performance continues for polyethylene glycol and superabsorbent polymers, sales of polyester beads for polymerized toner also declined because users adjusted inventories, indicating that weak demand for individual products is spreading. - FY2020-Q1WorsenedAnnual report
「In the consumer products industry-related field, sales were sluggish because, although surfactants for liquid laundry detergents continued to perform strongly, polyethylene glycol remained sluggish both in Japan and overseas. In the health industry-related field, sales of the core product, superabsorbent polymers, declined significantly, resulting in sluggish sales.」
Weak demand for polyethylene glycol both in Japan and overseas and a significant decline in sales of the core product, superabsorbent polymers, indicate that weak demand for individual products is continuing and expanding. - FY2019WorsenedAnnual report
「In the Health Industry segment, sales of the core superabsorbent polymer product declined substantially, resulting in sluggish sales.」
Sales of superabsorbent polymers declined significantly, and weak demand for individual products and applications is reflected in sales in the main segments. - FY2019-Q3RestatedAnnual report
「In the information industry-related field, sales of binders for pulverized toner declined because customers temporarily adjusted inventories, but sales increased because demand for polyester beads for polymerized toner recovered.」
The company continues to record lower toner binder sales resulting from temporary customer inventory adjustments, while also recording a recovery in demand for polyester beads for polymerized toner. - FY2019-Q2RestatedAnnual report
「Demand for urethane beads for automotive interior skin materials declined as vehicle models changed, but sales increased because domestic sales of raw materials for polyurethane foam used in automotive seats and other applications, as well as lubricant additives, remained strong both in Japan and overseas. In the information industry-related field, sales of binders for pulverized toner declined because customers temporarily adjusted inventories, but sales increased significantly as the company expanded sales of new polyester beads for polymerized toner.」
The company continues to record lower demand for urethane beads following changes in vehicle models and lower toner binder sales resulting from temporary customer inventory adjustments. - FY2019-Q1First statedAnnual report
「Demand for urethane beads for automotive interior skin materials declined as vehicle models changed, but sales increased because domestic sales of raw materials for polyurethane foam used in automotive seats and other applications, as well as lubricant additives, remained strong both in Japan and overseas. In the plastics industry-related field, sales of permanent antistatic agents increased significantly both in Japan and overseas, and demand for activators for rubber and plastics remained firm. However, sales increased only marginally because demand for domestic paint additives remained sluggish. In the textile industry-related field, urethane resins for synthetic leather and elastic fibers performed steadily, but sales declined because chemicals for glass fibers and chemicals for carbon fibers remained sluggish. In the information industry-related field, sales of binders for pulverized toner declined because customers temporarily adjusted inventories, but sales increased significantly as the company expanded sales of new polyester beads for polymerized toner. In the electrical and electronic industry-related field, UV- and EB-curable resins performed steadily, but sales were flat because demand for adhesives for electronic materials declined. In the environmental industry-related field, market conditions for polymer flocculants remained weak, but sales increased because cationic monomers, their raw material, performed strongly.」
The company records weak demand by product and application, including lower demand for urethane beads following changes in vehicle models, temporary customer inventory adjustments, weak demand for domestic paint additives and adhesives for electronic materials, and weak market conditions for polymer flocculants.