Declining demand for surface treatment due to technological innovation
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2024-Q2.
No other company in this theme has enough history to compare yet.
- FY2024-Q2RestatedAnnual report
「In the automotive industries in Thailand and Indonesia, demand for plating plastics stagnated due to the rapid spread of electric vehicles and the increased adoption of painted components. Net sales fell below the same quarter of the previous year, resulting in a segment loss.」
The continued stagnation in demand for plating plastics associated with the spread of electric vehicles and the increased adoption of painted components has materialised as losses in the plating business. - FY2024-Q1MaterialisedAnnual report
「In the automotive industries in Thailand and Indonesia, demand for plating plastics stagnated due to the rapid spread of electric vehicles and the increased adoption of painted components. Both net sales and segment profit fell below the same quarter of the previous year.」
Demand for plating plastics has actually stagnated due to the spread of electric vehicles and the increased adoption of painted components, indicating that the risk of declining surface treatment demand from changes in technology and product mix has materialised. - FY2022RestatedAnnual report
「The weighting of surface treatment may decline as new technologies are developed, new methods are adopted and new products emerge in society and the market, potentially reducing demand for the Group's products.」
The risk that technological innovation will reduce the weighting of surface treatment and demand for the Group's products continues to be disclosed. - FY2018RestatedAnnual report
「The weighting of surface treatment may decline as new technologies are developed, new methods are adopted and new products emerge in society and the market, potentially reducing demand for the Group's products.」
The risk that technological innovation will reduce demand for surface treatment continues to be disclosed. - FY2016First statedAnnual report
「The weighting of surface treatment may decline as new technologies are developed, new methods are adopted and new products emerge in society and the market, potentially reducing demand for the Group's products.」
The risk that technological innovation in customer industries will reduce the need for surface treatment.