Sluggish sales of specialty chemicals due to semiconductor market stagnation and delayed recovery in the Chinese market
First written in FY2023-Q3. 3 of 6 entries say "Mitigated", first in FY2024-H1. Latest entry: FY2026-H1.
3 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「The specialty chemicals segment posted higher revenue, as shipments for the automotive and electronics industries, mainly in global markets, remained firm.」
Conditions changed from weak sales due to the stagnant semiconductor market and delayed recovery in China, as reported through the previous period, to higher revenue driven by firm shipments for the automotive and electronics industries. - FY2024MitigatedAnnual report
「The specialty chemicals segment posted higher revenue, mainly due to the recovery of the automotive and smartphone markets.」
Conditions changed from weak sales in the previous period due to the stagnant semiconductor market and delayed recovery in China to higher revenue driven by the recovery of the automotive and smartphone markets. - FY2024-H1MitigatedAnnual report
「The specialty chemicals segment posted higher revenue, mainly due to the recovery of the automotive and smartphone markets.」
In the current interim consolidated accounting period, revenue in the specialty chemicals segment increased on the recovery of the automotive and smartphone markets, compared with the weak sales reported in the previous period due to the stagnant semiconductor market and delayed recovery in China. - FY2024-Q1WorsenedAnnual report
「Revenue in the specialty chemicals segment declined due to lower prices for basic chemicals resulting from excess inventories in China.」
Excess inventories in China materialized as lower prices for basic chemicals and lower revenue in the specialty chemicals segment. - FY2023RestatedAnnual report
「Revenue in the specialty chemicals segment remained at approximately the previous fiscal year's level, despite the delayed recovery in the semiconductor market and the stagnation of the Chinese market.」
The delayed recovery in the semiconductor market and continued stagnation in China are affecting the sales environment for the specialty chemicals segment. - FY2023-Q3First statedAnnual report
「Revenue in the specialty chemicals segment declined slightly, as sales of chemicals for the semiconductor industry remained weak due to the stagnant semiconductor market, particularly the delayed recovery in China.」
The stagnant semiconductor market and delayed recovery in China materialized as weak sales of chemicals for the semiconductor industry and lower revenue in the specialty chemicals segment.