Capturing demand in the North American market and Mexico
First written in FY2017-Q1. 16 of 38 entries say "Worsened", first in FY2018-Q2. Latest entry: 2026-10-15.
Moresco moved to the "Worse" side of this theme in 2025.
0 other companies' latest entry also says "Worsened".
- 2026-10-15WorsenedEarnings
「Specialty lubricants posted lower revenue due to declining demand from major customers.」
In North America, sales to external customers declined 10.7% year on year, and segment profit shifted from a profit of ¥102 million to a loss of ¥25 million. - FY2027-H1WorsenedAnnual report
「④ North America: Sales of specialty lubricants declined due to lower demand from key customers. As a result, sales to external customers in this segment were ¥937 million, down 10.7% year on year, and the segment recorded a loss of ¥25 million, compared with segment profit of ¥102 million in the year-earlier period.」
In North America, revenue declined due to lower demand from key customers. Sales to external customers fell 10.7% year on year, and segment profit deteriorated from ¥102 million to a loss of ¥25 million. - 2026-07-09WorsenedEarnings
「Specialty lubricants posted lower revenue due to declining demand from major customers. As a result, sales to external customers in this segment were ¥439 million, down 11.4% from the same period of the previous year, and the segment posted a loss of ¥15 million, compared with segment profit of ¥45 million in the same period of the previous year.」
In North America, lower demand from major customers led to lower revenue and a shift from segment profit to a loss. - FY2026AdvancedAnnual report
「January 2025: MORESCO USA Inc., a consolidated subsidiary, established MORESCO LUBE MEXICANA S.A. DE C.V. in the state of Aguascalientes, Mexico, as its subsidiary (now a consolidated subsidiary).」
It was disclosed that a Mexican sales company had been established as a subsidiary of MORESCO USA Inc. to support the sales structure in North America and Mexico. - FY2026-H1WorsenedAnnual report
「Specialty lubricant revenue declined due to weaker demand from major customers resulting from lower automobile production. As a result, revenue from external customers in the segment was ¥1,050 million, down 13.5% year on year, and segment profit was ¥102 million, down 21.0% year on year.」
In North America, revenue and segment profit both fell below the prior-year level due to lower automobile production and weaker demand from major customers. - FY2025-H1AdvancedAnnual report
「Specialty lubricant revenue increased substantially due to higher automobile production and the addition of CROSS TECHNOLOGIES N.A. INC. as a consolidated subsidiary following the acquisition of its business in the prior fiscal year. As a result, revenue from external customers in the segment was ¥1,213 million, up 107.6% year on year, and segment profit was ¥129 million, up 61.6% year on year.」
In North America, in addition to increased automobile production, the consolidation of CROSS TECHNOLOGIES N.A. INC. following the acquisition of its business in the prior fiscal year contributed to results. Revenue rose 107.6% year on year, and segment profit increased 61.6%. - FY2025-Q1AdvancedAnnual report
「④ North America: Specialty lubricant revenue increased substantially due to higher automobile production and the addition of CROSS TECHNOLOGIES N.A. INC. as a consolidated subsidiary following the acquisition of its business in the prior fiscal year. As a result, revenue from external customers in the segment was ¥583 million, up 109.5% year on year, and segment profit was ¥57 million, up 438.3% from the prior fiscal year.」
In addition to increased automobile production, the consolidation of CROSS TECHNOLOGIES N.A. INC. following the acquisition of its business in the prior fiscal year contributed to higher revenue and profit in North America. Revenue from external customers rose 109.5% year on year. - FY2024AdvancedAnnual report
「North America: Specialty lubricant revenue increased substantially due to higher volumes resulting from increased automobile production. Shipments of high-value-added products, including low-application-volume release agents, also progressed steadily. As a result, revenue from external customers in the segment was ¥1,384 million, up 36.9% from the prior fiscal year, and segment profit was ¥181 million, up 107.7% from the prior fiscal year.」
In North America, higher volumes from increased automobile production and increased shipments of high-value-added products led to substantial increases in revenue and profit. - FY2024-Q3AdvancedAnnual report
「Specialty lubricant revenue increased substantially due to higher volumes resulting from increased automobile production. Shipments of high-value-added products, including low-application-volume release agents, also progressed steadily. As a result, revenue from external customers in the segment was ¥872 million, up 14.4% year on year, and segment profit was ¥112 million, up 43.1% year on year.」
In North America, increased volumes from higher automobile production, together with increased shipments of high-value-added products such as low-application-volume release agents, led to increases in revenue and segment profit. - FY2024-Q2AdvancedAnnual report
「Specialty lubricant revenue increased substantially due to higher volumes resulting from increased automobile production. Shipments of high-value-added products, including low-application-volume release agents, also progressed steadily. As a result, revenue from external customers in the segment was ¥584 million, up 34.1% year on year, and segment profit was ¥80 million, up 151.1% from the prior fiscal year.」
In North America, increased volumes from higher automobile production, together with increased shipments of high-value-added products such as low-application-volume release agents, led to substantial increases in revenue and profit. - FY2024-Q1AdvancedAnnual report
「Specialty lubricant revenue increased substantially due to higher volumes resulting from increased automobile production in Mexico. As a result, revenue from external customers in the segment was ¥278 million, up 53.0% year on year, but segment profit was ¥11 million, down 23.4% from the prior fiscal year, due to higher general and administrative expenses.」
In North America, volumes of specialty lubricants increased as automobile production in Mexico rose, and revenue from external customers increased 53.0% year on year. Profit, however, declined 23.4% due to higher general and administrative expenses. - FY2023WorsenedAnnual report
「Although volumes declined due to lower operating rates at Japanese automakers in Mexico and other factors, revenue increased due to price adjustments and the yen's depreciation. As a result, revenue from external customers in the segment was ¥1,011 million, up 28.1% from the prior fiscal year, but segment profit was ¥87 million, down 18.6% from the prior fiscal year, due to the impact of higher raw material prices and other factors.」
In North America, volumes declined due to lower operating rates at Japanese automakers in Mexico. While price adjustments and the yen's depreciation secured higher revenue, profit declined 18.6% from the prior fiscal year due to higher raw material prices and other factors. - FY2023-Q3WorsenedAnnual report
「Although volumes declined due to lower operating rates at Japanese automakers in Mexico and other factors, revenue increased due to price adjustments and the yen's depreciation. As a result, revenue from external customers in the segment was ¥762 million, up 24.0% year on year, but segment profit was ¥78 million, down 22.6% year on year, due to the impact of higher raw material prices and other factors.」
In North America, volumes declined due to lower operating rates at Japanese automakers in Mexico. Revenue rose 24.0% year on year due to price adjustments and the yen's depreciation, but profit fell 22.6% due to higher raw material prices and other factors. - FY2023-Q2WorsenedAnnual report
「Although volumes declined due to lower operating rates at Japanese automakers in Mexico and other factors, revenue increased due to price adjustments and the yen's depreciation. As a result, revenue from external customers in the segment was ¥436 million, up 1.0% year on year, but segment profit was ¥32 million, down 57.9% from the prior fiscal year, due to the impact of higher raw material prices.」
In North America, volumes declined due to lower operating rates at Japanese automakers in Mexico, and segment profit fell 57.9% year on year. Revenue nevertheless increased due to price adjustments and the yen's depreciation. - FY2023-Q1WorsenedAnnual report
「Specialty lubricant revenue declined due to the impact of lower operating rates at Japanese automakers in Mexico and other factors. As a result, segment revenue was ¥187 million, down 10.2% year on year, and segment profit was ¥14 million, down 59.7% from the prior fiscal year.」
In North America, specialty lubricant revenue declined due to lower operating rates at Japanese automakers in Mexico. Segment revenue fell 10.2% year on year, and segment profit declined 59.7% from the prior fiscal year. - FY2022AdvancedAnnual report
「As in other regions, increased automobile production resulted in higher sales of specialty lubricants, including die-casting lubricants. Expanded sales of the focus product, low-application-volume die-casting release agent, also progressed steadily. As a result, segment revenue was ¥813 million, up 27.3% from the prior fiscal year, and segment profit was ¥107 million, up 151.5% from the prior fiscal year.」
In North America, increased automobile production and expanded sales of low-application-volume die-casting release agents led to substantial increases in revenue and profit. - FY2022-Q3AdvancedAnnual report
「As in other regions, increased automobile production resulted in higher sales of specialty lubricants, including die-casting lubricants. Expanded sales of the focus product, low-application-volume die-casting release agent, also progressed steadily. As a result, segment revenue was ¥623 million, up 35.5% year on year, and segment profit was ¥101 million, up 153.5% year on year.」
In North America, specialty lubricant revenue increased against a backdrop of higher automobile production, and expanded sales of low-application-volume die-casting release agents also progressed. Revenue rose 35.5% year on year, and segment profit increased 153.5%. - FY2022-Q2AdvancedAnnual report
「As in other regions, increased automobile production resulted in higher sales of specialty lubricants, including die-casting lubricants. Expanded sales of the focus product, low-application-volume die-casting release agent, also progressed steadily. As a result, segment revenue was ¥439 million, up 55.9% year on year, and segment profit was ¥76 million, up 411.6% year on year.」
In North America, specialty lubricant revenue increased against a backdrop of higher automobile production, and expanded sales of low-application-volume die-casting release agents also progressed. Revenue rose 55.9% year on year, and segment profit increased 411.6%. - FY2022-Q1AdvancedAnnual report
「Even under these conditions, sales of specialty lubricants increased due to expanded sales of low-application-volume die-casting release agents and cutting lubricants, although overall sales rose only slightly year on year because of lower sulfonate sales. As a result, segment revenue was ¥209 million, up 3.4% year on year, and segment profit was ¥35 million, up 24.4% year on year.」
In North America, expanded sales of low-application-volume die-casting release agents and cutting lubricants contributed to higher revenue. Segment revenue rose 3.4% year on year, and profit increased 24.4%. - FY2021RestatedAnnual report
「In North America, the business environment deteriorated due to production stoppages at plants operated by customers, but automobile production has been recovering since 2021. Since 2021, the company has continued developing the market for die-casting lubricants, hot-forging lubricants and high-temperature synthetic lubricants among both Japanese and U.S. companies, while strengthening price competitiveness through cost reductions, including diversification of raw material procurement. In Mexico, it will strengthen its sales structure and focus on expanding sales of die-casting and cutting lubricants.」
The company plans to continue market development and cost reductions among Japanese and U.S. companies in North America, and to strengthen its sales structure and expand product sales in Mexico. - FY2021-Q2AdvancedAnnual report
「As automobile production in the first half (January to June) remained 39.3% below the prior-year level, sales of specialty lubricants, including die-casting lubricants, declined. As a result, segment revenue was limited to ¥282 million, down 23.3% year on year, but the segment posted profit of ¥15 million, compared with a segment loss of ¥9 million in the same period of the prior year, due to the higher sales mix of high-value-added products and control of selling, general and administrative expenses.」
In North America, revenue declined due to lower automobile production, but results improved from a segment loss to a profit of ¥15 million due to the higher sales mix of high-value-added products and control of selling, general and administrative expenses. - FY2021-Q1AdvancedAnnual report
「Against this backdrop, shipments of high-value-added die-casting lubricants and high-temperature lubricants remained strong. As a result, segment revenue was ¥202 million, up 20.0% year on year, and segment profit was ¥28 million, compared with a segment loss of ¥20 million in the same period of the prior year.」
In North America, while automobile production fell sharply in March, shipments of high-value-added die-casting lubricants and high-temperature lubricants remained strong. Revenue rose 20.0% year on year, and results improved from a loss to a profit of ¥28 million. - FY2020WorsenedAnnual report
「Sales of the core die-casting lubricant declined due to lower operating rates at some automakers, resulting from a shift in demand toward SUVs and pickup trucks. As a result, segment revenue was ¥733 million, down 7.7% from the prior fiscal year, and the segment posted a loss of ¥21 million, compared with a segment loss of ¥6 million in the prior fiscal year.」
In North America, lower operating rates at automakers continued amid a shift in vehicle demand. Revenue declined 7.7% from the prior fiscal year, and the segment loss widened from ¥6 million to ¥21 million. - FY2020-Q3MitigatedAnnual report
「Sales of the core die-casting lubricant declined due to lower operating rates at some automakers, resulting from a shift in demand toward SUVs and pickup trucks. As a result, segment revenue was ¥567 million, down 2.0% year on year, and the segment posted a loss of ¥6 million, compared with a segment loss of ¥10 million in the same period of the prior year.」
In North America, lower operating rates at automakers and declining sales continued amid a shift in demand, while the segment loss narrowed from ¥10 million in the same period of the prior year to ¥6 million. - FY2020-Q2WorsenedAnnual report
「Sales of the core die-casting lubricant declined due to lower operating rates at some automakers, resulting from a shift in demand toward SUVs and pickup trucks. As a result, segment revenue was ¥368 million, down 3.3% year on year, and the segment posted a loss of ¥9 million, compared with a segment loss of ¥3 million in the same period of the prior year.」
In North America, lower operating rates at automakers continued amid a shift in vehicle demand, with revenue declining 3.3% year on year and the loss widening from ¥3 million to ¥9 million. - FY2020-Q1WorsenedAnnual report
「Sales of the core die-casting lubricant declined due to lower operating rates at some automakers, reflecting U.S. consumers' shift in preference toward SUVs and pickup trucks. As a result, segment revenue was ¥168 million, down 8.9% year on year, and the segment posted a loss of ¥20 million, compared with segment profit of ¥5 million in the same period of the prior year.」
In the market targeted for development in North America, lower operating rates at some automakers led to deterioration in revenue and profit. - FY2020-Q1WorsenedAnnual report
「Sales of the core die-casting lubricant declined due to lower operating rates at some automakers, reflecting U.S. consumers' shift in preference toward SUVs and pickup trucks. As a result, segment revenue was ¥168 million, down 8.9% year on year, and the segment posted a loss of ¥20 million, compared with segment profit of ¥5 million in the same period of the prior year.」
In North America, lower operating rates at automakers, resulting from shifts in automotive consumer preferences, contributed to the decline in revenue. Revenue fell 8.9% year on year, and results deteriorated from a profit to a loss of ¥20 million. - FY2019WorsenedAnnual report
「In North America, the company will continue developing the market for die-casting lubricants, hot-forging lubricants and high-temperature synthetic lubricants, targeting not only Japanese companies but also U.S. companies. In coordination with its Mexico representative office, it will actively capture demand from automotive parts manufacturers and other customers. As a result, segment revenue was ¥794 million, down 5.7% from the prior fiscal year, and the segment posted a loss of ¥6 million, compared with a profit of ¥1 million in the prior fiscal year.」
The policy of developing the market in North America and Mexico continues, but North American segment revenue declined 5.7% from the prior fiscal year, and results deteriorated from a profit to a loss of ¥6 million. - FY2019-Q3WorsenedAnnual report
「Sales of the core die-casting lubricant were at roughly the prior-year level, while sales of hot-forging lubricants fell below the prior-year level due to the impact of customers' recycling practices and other factors. As a result, segment revenue was ¥578 million, down 9.0% year on year, and the segment posted a loss of ¥10 million, compared with a loss of ¥3 million in the same period of the prior year.」
In North America, hot-forging lubricant sales declined due to the impact of customers' recycling practices and other factors. Segment revenue fell 9.0% year on year, and the loss widened to ¥10 million. - FY2019-Q2RestatedAnnual report
「Sales of the core die-casting lubricant were at roughly the prior-year level, while sales of hot-forging lubricants fell below the prior-year level due to the impact of inventory adjustments by customers. As a result, segment revenue was ¥380 million, down 7.0% year on year, and the segment posted a loss of ¥3 million, compared with a loss of ¥3 million in the same period of the prior year.」
In North America, core products remained at roughly the prior-year level, while hot-forging lubricant sales declined due to inventory adjustments by customers. Revenue declined 7.0% year on year, and the segment remained loss-making. - FY2019-Q1WorsenedAnnual report
「Sales of the core die-casting lubricant were at roughly the prior-year level, while sales of hot-forging lubricants fell below the prior-year level due to the impact of inventory adjustments by customers. As a result, segment revenue was ¥185 million, down 10.3% year on year, and segment profit was ¥5 million, down 37.9% year on year.」
In North America, hot-forging lubricant sales fell below the prior-year level due to inventory adjustments by customers. Segment revenue declined 10.3% year on year, while segment profit fell 37.9%. - FY2018-Q3RestatedAnnual report
「Since the beginning of the year, while automobile unit sales have remained below the prior-year level, sales of the core die-casting lubricant have remained at roughly the prior-year level.」
In North America, automobile unit sales continued to decline year on year, while sales of core products were reported to be at roughly the prior-year level. - FY2018-Q2WorsenedAnnual report
「While automobile unit sales have remained below the prior-year level since the beginning of the year, sales of its core specialty lubricants, including die-casting lubricants, were at roughly the prior-year level. Sales of sulfonates, however, fell below the prior-year level due to inventory adjustments by customers and other factors. As a result, segment revenue was ¥408 million, down 5.3% year on year, and the segment posted a loss of ¥3 million, compared with a profit of ¥25 million in the same period of the prior year, due to higher personnel expenses resulting from increased staffing and costs associated with the acquisition of a business.」
In North America, automobile unit sales continued to fall below the prior-year level, and segment revenue declined 5.3% year on year. - FY2018-Q1RestatedAnnual report
「In North America, we are hiring local personnel, strengthening sales and development, and focusing on expanding business with local companies as well as Japanese companies.」
The company has reaffirmed its policy of strengthening development in addition to sales, based on hiring local talent, with the aim of expanding business not only with Japanese companies but also with local companies. - FY2017RestatedAnnual report
「In North America, we are hiring local personnel and will focus on sales to local companies as well as Japanese companies.」
The company has reaffirmed its policy of hiring local personnel in North America and expanding its sales focus to local companies in addition to Japanese companies. - FY2017-Q3RestatedAnnual report
「Against a backdrop of solid automobile production, sales of specialty lubricants exceeded the year-earlier period in local-currency terms, but the yen-denominated amount was below the year-earlier period.」
The company states that sales in North America exceeded the year-earlier period in local-currency terms against a backdrop of automobile production, while the yen-denominated amount declined. - FY2017-Q2AdvancedAnnual report
「Against a backdrop of solid automobile production, sales volumes of die-casting lubricants increased substantially, but sales translated into yen rose only marginally year on year.」
Sales volumes of die-casting lubricants increased substantially in North America. There is no specific mention of Mexico. - FY2017-Q1First statedAnnual report
「In North America, we will continue to develop the market, while also actively capturing demand from automotive parts manufacturers and others in Mexico, where the US subsidiary has a representative office.」
The company has stated measures to continue developing the North American market and capture demand from automotive parts manufacturers and others in Mexico, using the representative office as a foothold.