Impact of Shrinking Pesticide Demand and Intensifying Sales Competition
First written in FY2017-Q1. 16 of 33 entries say "Mitigated", first in FY2017-Q3. Latest entry: 2026-08-06.
0 other companies' latest entry also says "Mitigated".
- 2026-08-06MitigatedEarnings
「Domestic crop protection sales remained strong, led by flagship products such as herbicides for rice cultivation.」
Strong sales of flagship products for rice cultivation eased the previous sales pressure from shrinking domestic demand and intensifying competition during the quarter. - FY2026MitigatedAnnual report
「In Japan, demand for crop protection products remained firm, owing to an increase in pest populations, including stink bugs, as temperatures remained high, as well as the impact of an increase in the area planted with rice due to soaring rice prices.」
Pesticide demand in Japan was firm against a backdrop of increased pest incidence and a larger area planted with rice, mitigating during the current fiscal year the sales pressure from the traditional contraction of domestic demand and intensifying competition. - 2026-05-13MitigatedRevision of earnings forecasts
「In Japan, demand for crop protection products remained firm, owing to an increase in pest populations, including stink bugs, as temperatures remained high, as well as the impact of an increase in the area planted with rice due to soaring rice prices.」
Domestic demand for crop protection products remained firm against a backdrop of increased rice-planted acreage and pest populations, easing the impact of the previous contraction in domestic demand and sluggish sales during the fiscal year. - FY2026-H1MitigatedAnnual report
「In domestic pesticide sales, the area under rice cultivation increased as higher rice prices boosted producers’ willingness to plant, and sales of rice-crop products, including core internally developed products, remained strong. As a result, total domestic sales exceeded the same period of the previous year.」
The increase in the area under rice cultivation and strong sales of rice-crop products lifted total domestic sales above the same period of the previous year, mitigating during the period the traditional impact of domestic demand and inventory factors on lower sales. - FY2025MitigatedAnnual report
「Total domestic pesticide sales exceeded the previous fiscal year, partly because sales of Corteva products were strong.」
Strong sales of Corteva products and firm domestic demand lifted total domestic pesticide sales above the previous fiscal year, mitigating during the current fiscal year the traditional impact of distribution inventories and other factors on sales. - FY2025-H1MitigatedAnnual report
「Total domestic sales exceeded the same period of the previous year, partly because sales of Corteva products were strong.」
In addition to stronger sales of core internally developed products, strong sales of Corteva products lifted total domestic sales above the same period of the previous year, mitigating during the period the traditional impact of domestic demand and inventory factors on sales. - FY2024-Q3MaterialisedAnnual report
「In domestic agricultural chemicals, the company worked to expand the adoption and sales of core internally developed products such as benzpyrimoxan (product name: Orchestra). However, sales were sluggish due to limited pest and disease outbreaks caused by adverse weather and the effects of distribution inventory from prior years, and total domestic sales fell below the year-earlier period.」
Low incidences of pests and diseases due to unfavorable weather and distribution inventories from prior years continue to materialize as sluggish domestic sales and sales falling below the same period of the previous year. - FY2024-Q2MaterialisedAnnual report
「In domestic agricultural chemicals, the company worked to expand the adoption and sales of core internally developed products such as benzpyrimoxan (product name: Orchestra). However, sales were sluggish due to limited pest and disease outbreaks caused by adverse weather and the effects of distribution inventory from prior years, and total domestic sales fell below the year-earlier period.」
Low incidences of pests and diseases due to unfavorable weather and distribution inventories from prior years have materialized as sluggish domestic sales and sales falling below the same period of the previous year. - FY2024-Q1MaterialisedAnnual report
「In domestic pesticide sales, the company worked to promote and expand sales of core internally developed products, including the rice insecticide benzpyrimoxan (trade name: Orchestra). However, sales remained sluggish due in part to the impact of distribution inventories from prior years, and total domestic sales fell below the same period of the previous year.」
The impact of distribution inventories from prior years has materialized as sluggish domestic sales and sales falling below the same period of the previous year. - FY2023RestatedAnnual report
「In Japan, the pesticide market is expected to continue its gradual decline, against a backdrop of the aging agricultural workforce, shrinking cultivated acreage as the shortage of successors becomes more severe, and the government’s policy of reducing agricultural input costs.」
The company explains that structural factors driving contraction of the domestic pesticide market remain in place. Meanwhile, total domestic pesticide sales for the current fiscal year exceeded the previous fiscal year. - FY2023-Q3MitigatedAnnual report
「In May 2021, to expand its share of the domestic pesticide market, the company entered into a sales agreement with Corteva Agriscience Japan Co., Ltd. and Dow AgroSciences Japan Co., Ltd. (now Corteva Japan Co., Ltd.; hereinafter collectively, “Corteva”), and began selling Corteva products in October of the same year. Total domestic sales exceeded the same period of the previous year, partly as a result.」
Despite structural demand and competitive pressures in the domestic pesticide market, total domestic sales exceeded the same period of the previous year due to sales of Corteva products and other factors. - FY2023-Q1RestatedAnnual report
「In May 2021, to expand its share of the domestic pesticide market, the company entered into sales agreements with Corteva Agriscience Japan Co., Ltd. and Dow AgroSciences Japan Co., Ltd. (hereinafter collectively, “Corteva”), and began selling Corteva products in October of the same year. Total domestic sales exceeded the same period of the previous year, partly as a result.」
The company has again confirmed that total domestic sales exceeded the same period of the previous year against the backdrop of the sales agreement with Corteva and the launch of product sales. - FY2022MitigatedAnnual report
「In May 2021, to expand its share of the domestic pesticide market, the company entered into sales agreements in Japan with Corteva Agriscience Japan Co., Ltd. and Dow AgroSciences Japan Co., Ltd. (hereinafter collectively, “Corteva”), and began selling Corteva products in October of the same year. As a result, total domestic sales exceeded the previous fiscal year.」
Despite structural contraction and a competitive domestic pesticide market, total domestic sales exceeded the previous fiscal year due to the sales agreements and product introductions. - FY2022-Q3MaterialisedAnnual report
「However, partly because sales of certain products were discontinued in the previous fiscal year, total domestic sales fell below the same period of the previous year.」
The discontinuation of certain products has materialized as total domestic sales falling below the same period of the previous year. - FY2022-Q2MaterialisedAnnual report
「In domestic pesticide sales, the company worked to promote and expand sales of core internally developed products, including the rice fungicide tiadinil (trade name: V-get) and the horticultural fungicide pyrifluquinazon (trade name: Parade). However, total domestic sales fell below the same period of the previous year, partly because sales of certain products were discontinued in the previous fiscal year.」
While core internally developed products remained firm, the discontinuation of certain products has again materialized as total domestic sales falling below the same period of the previous year. - FY2022-Q1MaterialisedAnnual report
「In domestic pesticide sales, sales of core internally developed products, including the rice fungicide tiadinil (trade name: V-get) and the horticultural fungicide pyrifluquinazon (trade name: Parade), remained firm. However, total domestic sales fell below the same period of the previous year due in part to the discontinuation of certain products.」
While sales of core internally developed products remained firm, the discontinuation of certain products has materialized as total domestic sales falling below the same period of the previous year. - FY2021-Q3MitigatedAnnual report
「Sales increased partly because, from the previous fiscal year, the company worked to level out sales in line with the timing of pesticide use and actual distribution conditions through improvements in business practices.」
The company explains that domestic pesticide sales increased as a result of improvements in business practices and the leveling out of sales in line with the timing of use and actual distribution conditions. - FY2021-Q2RestatedAnnual report
「Sales increased partly because, from the previous fiscal year, the company worked to level out sales in line with the timing of pesticide use and actual distribution conditions through improvements in business practices.」
The company has again confirmed that domestic pesticide sales increased as a result of improvements in business practices and the leveling out of sales in line with the timing of sales and actual distribution conditions. - FY2021-Q1MitigatedAnnual report
「Sales increased as a result of efforts to level out sales in line with the timing of pesticide use and actual distribution conditions through improvements in business practices.」
The company explains that domestic pesticide sales increased as a result of improvements in business practices and the leveling out of sales in line with the timing of sales and actual distribution conditions. - FY2020-Q3MaterialisedAnnual report
「In domestic pesticide sales, the company worked to promote and expand sales of internally developed products, including the rice fungicide V-get. However, sales fell below the same period of the previous year due in part to the impact of distribution inventories resulting from a series of natural disasters last year.」
The impact of distribution inventories resulting from natural disasters has materialized as domestic pesticide sales falling below the same period of the previous year. - FY2020-Q1MaterialisedAnnual report
「However, total domestic sales fell below the same period of the previous year due to the discontinuation of certain products and the impact of distribution inventories resulting from fewer application opportunities following a series of natural disasters last year.」
The discontinuation of certain products, fewer application opportunities due to natural disasters, and the impact of distribution inventories have materialized as total domestic sales falling below the same period of the previous year. - FY2019-Q4MaterialisedAnnual report
「However, total domestic sales fell below the same period of the previous year due to the discontinuation of certain products and the impact of distribution inventories resulting from fewer applications following a series of natural disasters, including typhoons, last year.」
The discontinuation of certain products, fewer applications following natural disasters such as typhoons, and the impact of distribution inventories have materialized as total domestic sales falling below the same period of the previous year. - FY2019-Q3MitigatedAnnual report
「In the active-ingredient business, shipments to distributors of horticultural insecticides such as Kotetsu and Colt accelerated ahead of the current application season, and total domestic sales exceeded the same period of the previous year.」
Total domestic sales exceeded the same period of the previous year, partly due to the acceleration of shipments to distributors, mitigating during the period the impact of lower sales due to weak demand and inventory adjustments. - FY2018MitigatedAnnual report
「The domestic pesticide market has remained broadly flat, partly due to the reduction of inventories in the distribution channel.」
Although pressure from shrinking domestic demand and inventory adjustments remains, the market was broadly flat and total domestic sales exceeded the previous fiscal year. - FY2019-Q1MitigatedAnnual report
「As a result, total domestic sales exceeded the same period of the previous year.」
Total domestic sales exceeded the same period of the previous year, driven by the launch of new products and strong shipments of core products to distributors, mitigating during the period the impact of lower sales due to weak demand and inventory adjustments. - FY2018-Q4MitigatedAnnual report
「Domestic pesticide shipments through the cumulative second quarter of the current consolidated fiscal period remained at approximately the same level as in the same period of the previous year.」
Domestic pesticide shipments remained at approximately the same level as in the same period of the previous year, and total domestic sales also exceeded the same period of the previous year. As a result, the impact of lower sales due to shrinking demand was mitigated during the period. - FY2018-Q3MaterialisedAnnual report
「Meanwhile, sales of active ingredients remained sluggish, due in part to inventory adjustments by distributors, and total domestic sales fell below the same period of the previous year.」
Sales of active ingredients remained sluggish due to inventory adjustments by distributors, and the risk has re-emerged in the form of total domestic sales falling below the same period of the previous year. - FY2017MitigatedAnnual report
「The domestic pesticide market has remained broadly flat, partly because inventories in the distribution channel have been reduced.」
Although pressure from shrinking domestic demand and inventory adjustments remains, the market was broadly flat and total domestic sales exceeded the previous fiscal year. - FY2018-Q1MaterialisedAnnual report
「Domestic pesticide sales remained sluggish for rice herbicides, due to the effects of distribution inventories from prior years. Sales of some horticultural insecticides also remained sluggish in the active-ingredient business, due to inventory adjustments by distributors and other factors.」
Several domestic products are actually experiencing sluggish sales against a backdrop of distribution inventories from prior years and inventory adjustments by distributors. However, total domestic sales exceeded the same period of the previous year. - FY2017-Q4MaterialisedAnnual report
「Meanwhile, sales of active ingredients remained sluggish, due in part to inventory adjustments by distributors, and total domestic sales fell below the same period of the previous year.」
The deterioration in the domestic sales environment has re-emerged, with total domestic sales falling below the same period of the previous year due to inventory adjustments by distributors. - FY2017-Q3MitigatedAnnual report
「In sales of agrochemical active ingredients, shipments to distributors of products such as the horticultural insecticides Kotetsu and Hachihachi accelerated ahead of the application season, and total domestic sales revenue exceeded the same period of the previous year.」
Domestic sales exceeded the same period of the previous year, and the sales decline caused by weak demand identified previously did not materialize in the current quarter. However, the company attributed this partly to accelerated shipments to distributors. - FY2016MaterialisedAnnual report
「Agrochemical demand remained sluggish due to the reduction of distribution-channel inventories and unfavorable weather conditions, among other factors, and total domestic sales revenue fell below the previous fiscal year.」
Weak domestic agrochemical demand resulted in an actual decline in sales, with domestic agrochemical sales down 12.8% year on year. - FY2017-Q1First statedAnnual report
「However, total domestic sales revenue fell below the same period of the previous year due to the downward trend in agrochemical demand, intensifying sales competition and sluggish sales of paddy rice herbicides, among other factors.」
Shrinking demand, intensifying competition and sluggish sales of certain products resulted in lower domestic sales.