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Fujikura Kasei (4620) · RiskMitigated

Sales decline due to intensifying price competition in overseas electronic materials markets

First written in FY2017-Q1. 10 of 24 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026.

24entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018-Q3 – FY2019MitigatedFY2020 – FY2022-Q2WorsenedFY2023 – FY2024MitigatedFY2025-H1 – FY20262016: 220162017: 420172018: 320182019: 220192020: 120202021: 320212022: 020222023: 320232024: 320242025: 120252026: 22026
Same theme, other companies
Materials Market Changes, New Product Development and Intellectual Property RisksA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

Fujikura Kasei moved to the "Worse" side of this theme in 2018.

2 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Sales of automotive and electronic equipment products remained firm. In addition, demand for PC products recovered and sales remained firm. As a result, sales were ¥4,624 million, up 16.5% year on year, and operating profit was ¥405 million, up 1,075.3%.」

    In the electronic materials market, demand for PCs recovered in addition to demand for automotive and electronic equipment applications, easing the impact on earnings during the fiscal year of price competition and weak demand in overseas markets, which had previously become evident.
  2. 2026-05-14MitigatedRevisions to earnings forecasts

    「In addition, demand for computer-related products recovered and remained firm.」

    The recovery in demand for computer-related products further mitigated the impact of weak demand in the electronic materials market.
  3. FY2025MitigatedAnnual report

    「In the Electronic Materials segment, which handles conductive resin materials such as Dotite, sales of products for automotive seat belts declined in the fourth quarter, but sales of products for PCs and car-navigation displays remained strong. As a result, sales were ¥3,968 million, up 22.5% year on year, and operating profit was ¥34 million, compared with an operating loss of ¥143 million in the previous consolidated fiscal year.」

    Strong demand for PCs and car-navigation systems increased sales and drove a shift from an operating loss to operating profit, offsetting the previously identified effects of price competition and weak demand in overseas electronic materials markets.
  4. FY2025-H1MitigatedAnnual report

    「Demand for automotive products remained weak, while sales of PC- and car-navigation-related products remained firm. The electronic components-related market continued to recover. As a result, sales were ¥1,943 million, up 20.7% year on year, and operating profit was ¥43 million, compared with an operating loss of ¥73 million in the same period of the previous year.」

    In the electronic materials market, weak demand for automotive applications persisted, while recovery in PC- and car-navigation-related products and the electronic components-related market drove a 20.7% increase in sales and a shift from an operating loss to operating profit. The impact on earnings of overseas price competition and weak demand eased during the interim consolidated accounting period.
  5. FY2024WorsenedAnnual report

    「Sales of electronic components for automotive safety devices remained firm, while sales of products for PCs and smartphones remained weak. Higher raw material costs, mainly for silver-denominated materials, and the product mix weighed on segment profitability. As a result, sales were ¥3,239 million, up 1.8% year on year, and the operating loss was ¥143 million, compared with an operating loss of ¥163 million in the previous fiscal year.」

    Profitability continued to be pressured by weak demand for PCs and smartphones and surging raw material costs, and the operating loss continued.
  6. FY2024-Q3WorsenedAnnual report

    「In the Electronic Materials segment, which handles conductive resin materials such as “Dotite,” sales of electronic components for automotive safety devices and sensor substrates remained firm, while sales of products for PCs and smartphones remained weak. As a result, sales were ¥2,463 million, down 3.7% year on year, and the operating loss was ¥110 million, compared with an operating loss of ¥98 million in the same quarter of the previous year.」

    Weak demand for PCs and smartphones continued, with sales down 3.7% and the operating loss widening from ¥98 million to ¥110 million. Electronic components and sensor substrates for automotive safety devices performed firmly.
  7. FY2024-Q2WorsenedAnnual report

    「Sales of electronic components and sensor substrates for automotive safety devices remained firm. However, sales remained weak due to lower demand for electronic components for PCs and smartphones. As a result, sales were ¥1,610 million, down 8.0% year on year, and the operating loss was ¥73 million, compared with an operating loss of ¥65 million in the same quarter of the previous year.」

    Lower demand for PCs and smartphones was reflected in an 8.0% decline in sales and an operating loss of ¥73 million, increasing the impact of weak demand in the electronic materials market.
  8. FY2024-Q1WorsenedAnnual report

    「Demand for products for consumer electronics such as PCs, smartphones and TVs, which had remained weak in the previous fiscal year, showed signs of recovery but remained weak, particularly among overseas customers. As a result, sales were ¥798 million, down 15.2% year on year, and the Company posted an operating loss of ¥58 million, compared with an operating loss of ¥4 million in the same quarter of the previous year.」

    Weak demand for consumer electronics products, particularly among overseas customers, continued, resulting in a 15.2% decline in sales and an operating loss of ¥58 million in the Electronic Materials business.
  9. FY2023WorsenedAnnual report

    「After the start of the second half, demand for PC products deteriorated sharply and remained weak. Automotive products also remained weak due to the impact of reduced production by customers. As a result, sales were ¥3,183 million, down 17.4% year on year, and operating profit was ¥33 million, down 72.7%.」

    The impact on earnings of demand and the competitive environment in the electronic materials market, which had previously eased, increased again due to deteriorating PC demand in the second half and reduced production by customers.
  10. FY2022-Q2MitigatedAnnual report

    「Sales of adhesives for electronic components used in automotive, communications and PC applications, as well as silver paste for circuit boards, remained strong. Demand for silver and adhesive materials for film circuits used in PCs also remained firm, supported by stay-at-home demand. As a result, sales were ¥2,080 million, up 33.6% year on year, and operating profit was ¥82 million, up 271.2%.」

    In the Electronic Materials segment, sales and operating profit increased on strong performance in products for automotive, communications and PC applications, while the impact of price competition and weak demand in overseas markets, which had previously become evident, eased in the segment's performance for the quarter.
  11. FY2022-Q1MitigatedAnnual report

    「Demand for smartphone and automotive products remained firm. As a result, sales were ¥987 million, up 38.9% year on year, and operating profit was ¥47 million, up 340.0%.」

    In the Electronic Materials segment, firm demand for smartphones and automotive applications supported increases in sales and operating profit. The impact of price competition and weak demand in overseas markets, which had previously become evident, eased in the segment's performance for the quarter.
  12. FY2021MitigatedAnnual report

    「Demand for products for PCs and IoT home appliances remained firm as teleworking became more widespread. Demand for automotive products also remained firm as vehicle production recovered. As a result, sales were ¥3,695 million, up 22.4% year on year, and operating profit was ¥177 million, up 16.5%.」

    Sales and operating profit increased as demand for PCs, IoT home appliances and automotive applications grew, offsetting the previously identified effects of price competition and weak demand in overseas electronic materials markets.
  13. FY2020MitigatedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, net sales increased as demand in overseas PC markets remained firm. As a result, net sales were ¥3,020 million, up 10.0% year on year, while operating income was ¥152 million, up 59.3%.」

    Sales and operating profit increased as firming demand for PCs overseas offset the previously identified effects of price competition and weak demand in overseas electronic materials markets.
  14. FY2019MaterialisedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, net sales declined due to reduced smartphone production for China and sluggish demand in the PC market. As a result, net sales were ¥2,746 million, down 7.4% year on year, and operating income was ¥95 million, down 8.5%.」

    Reduced production of smartphones for China and weak demand for PCs were reflected in a 7.4% decline in sales and an 8.5% decline in operating profit in the Electronic Materials segment.
  15. FY2019-Q3MaterialisedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, net sales declined as demand in Asian markets remained sluggish amid intensifying international price competition. As a result, net sales were ¥2,122 million, down 4.9% year on year, while operating income was ¥71 million, down 18.4%.」

    Intensified international price competition and weak demand in Asian markets were reflected in a 4.9% decline in sales and an 18.4% decline in operating profit in the Electronic Materials segment.
  16. FY2019-Q2MaterialisedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, net sales declined due mainly to sluggish demand in Asian markets, particularly China. As a result, net sales were ¥1,443 million, down 4.7% year on year, while operating income was ¥49 million, down 15.2%.」

    Weak demand in Asian markets, mainly China, was reflected in a 4.7% decline in sales and a 15.2% decline in operating profit in the Electronic Materials segment.
  17. FY2019-Q1MaterialisedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, net sales declined as demand in overseas markets remained sluggish. As a result, net sales were ¥698 million, down 7.6% year on year, while operating income was ¥27 million, down 12.6%.」

    Weak demand in overseas electronic materials markets was reflected in a 7.6% decline in sales and a 12.6% decline in operating profit.
  18. FY2018-Q3MaterialisedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, net sales declined due to intensifying price competition in overseas markets, while operating income increased, helped partly by new products. As a result, net sales were ¥2,230 million, down 3.1% year on year, while operating income was ¥87 million, up 3.0%.」

    Intensified price competition in overseas markets was again reflected in a 3.1% decline in sales. Operating profit increased due to contributions from new products, partially offsetting the impact at the profit level.
  19. FY2018-Q2MitigatedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, net sales were broadly flat, while operating income increased, helped partly by new products. As a result, net sales were ¥1,514 million, down 0.1% year on year, while operating income was ¥58 million, up 28.0%.」

    Sales in the Electronic Materials segment recovered to nearly flat, down 0.1% year on year, while operating profit increased 28.0% due to contributions from new products, indicating an improvement in the earnings impact of the risk of sales declines caused by overseas price competition.
  20. FY2018-Q1MitigatedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dotite, demand in overseas markets showed signs of recovery, and sales exceeded the previous year. As a result, sales were ¥755 million, up 8.8% year on year, and operating profit was ¥30 million, up 68.4%.」

    Demand in overseas electronic materials markets showed signs of recovery, and sales increased 8.8%, indicating some improvement in the previously identified risk of sales declines caused by price competition.
  21. FY2017MaterialisedAnnual report

    「In the Electronic Materials segment, net sales declined due to weaker price competitiveness in overseas markets and sluggish demand in the PC market. As a result, net sales were ¥2,988 million, down 10.7% year on year, while operating income was ¥100 million, up 10.1%.」

    Declining price competitiveness in overseas markets and weak demand for PCs were reflected in a 10.7% decline in annual sales in the Electronic Materials segment.
  22. FY2017-Q3MaterialisedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, difficulties continued in overseas markets due mainly to intensifying price competition with local manufacturers, particularly in Asia, and net sales declined. As a result, net sales were ¥2,301 million, down 12.4% year on year, while operating income was ¥84 million, up 20.3%.」

    Intensified price competition with local manufacturers, mainly in Asia, continued to be reflected in a 12.4% decline in sales in the Electronic Materials segment.
  23. FY2017-Q2MaterialisedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, difficulties continued in overseas markets due partly to weaker price competitiveness resulting from the stronger yen, and net sales declined. As a result, net sales were ¥1,515 million, down 13.3% year on year, while operating income was ¥45 million, up 38.3%.」

    The decline in price competitiveness in overseas markets amid yen appreciation was reflected in a 13.3% decline in sales in the Electronic Materials segment.
  24. FY2017-Q1First statedAnnual report

    「In the Electronic Materials segment, which handles conductive paste materials such as Dottite, difficulties continued in overseas markets, where price competition was intensifying, and net sales declined. As a result, net sales were ¥694 million, down 19.9% year on year, while operating income was ¥18 million, up 11.1%.」

    Intensified price competition in overseas markets has been reflected in the Electronic Materials segment's weak performance and a 19.9% decline in sales.
Moved together

"Development and expansion of applications for conductive materials in new joining fields" moved the same way as this thread, in the same document, in 18 of its 24 moves.

18151412117★123456
  1. ★This thread
  2. 1Development and expansion of applications for conductive materials in new joining fields18×
  3. 2Development and expansion of toner binder resins and charge control agents15×
  4. 3Development of in vitro diagnostic reagents, fine polymers and polymeric materials for pressure-sensitive and other adhesives14×
  5. 4Development and Business Expansion of Highly Durable Paints and Environmentally Friendly Coating Systems for Residential Applications12×
  6. 5Foreign Exchange Risk Associated with a High Proportion of Overseas Sales11×
  7. 6Uncertainty in Overseas Business Conditions Due to Slowing Growth in Emerging Asian Economies and Brexit7×

★ 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.

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No upcoming earnings preview for Fujikura Kasei yet. It last moved in the Revisions to earnings forecasts of 2026-05-14: "Mitigated".
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Sales decline due to intensifying price competition in overseas electronic materials markets | FUJIKURA KASEI CO.,LTD. (4620) | Komori