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ENEOS Holdings (5020) · RiskRestated

Decline in recycled-material collection volumes due to intensifying collection competition

First written in FY2017-Q1. 9 of 12 entries say "Restated". Latest entry: FY2020-Q3.

12entries
5years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2020-Q32016: 220162017: 420172018: 320182019: 220192020: 1
Same theme, other companies
Intensifying competition due to broad-based entry into the resource recycling industryA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Restated".

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  1. FY2020-Q3RestatedAnnual report

    「In the environmental recycling business, collection volumes of recycled materials increased year on year against a backdrop of a recovery in scrap-market conditions.」

    The year-on-year increase in recycled-material collection volumes against a backdrop of a recovery in scrap-market conditions continues.
  2. FY2020-Q2RestatedAnnual report

    「In the environmental recycling business, collection volumes of recycled materials increased year on year against a backdrop of a recovery in scrap-market conditions.」

    Collection volumes of recycled materials continue to increase year on year against a backdrop of a recovery in scrap-market conditions.
  3. FY2020-Q1RestatedAnnual report

    「In the environmental recycling business, collection volumes of recycled materials increased year on year against a backdrop of a recovery in scrap-market conditions.」

    Collection volumes of recycled materials continue to increase year on year against a backdrop of a recovery in scrap-market conditions.
  4. FY2019-Q1Collection volumes increased on a recovery in scrap-market conditionsAnnual report

    「In the environmental recycling business, collection volumes of recycled materials increased year on year against a backdrop of a recovery in scrap-market conditions driven by higher metal prices.」

    Collection volumes changed from the decline due to intensified competition for collection reported in the previous fiscal year to a year-on-year increase against a backdrop of higher metal prices and a recovery in scrap-market conditions.
  5. FY2018RestatedAnnual report

    「In the collection of recycled materials for the environmental recycling business, competition has intensified due to a shift by major suppliers, including electrical and electronic component manufacturers, from domestic to overseas operations, as well as new entrants to the recycling business. We are responding by expanding overseas sourcing and through other measures.」

    The response of expanding overseas sourcing to intensified competition for collection continues, and the risk of securing a stable supply of recycled materials remains.
  6. FY2018-Q3Collection volumes changed to an increaseAnnual report

    「In the environmental recycling business, collection volumes of recycled materials increased year on year against a backdrop of a recovery in scrap-market conditions driven by higher metal prices.」

    Collection volumes changed from the decline caused by intensified competition for collection through the first and second quarters to a year-on-year increase against a backdrop of higher metal prices and a recovery in scrap-market conditions.
  7. FY2018-Q2RestatedAnnual report

    「Collection volumes of recycled materials decreased year on year, mainly due to intensified competition for collection.」

    The decline in raw-material collection volumes due to intensified competition for collection continues to be reflected in actual results.
  8. FY2018-Q1RestatedAnnual report

    「In the environmental recycling business, collection volumes of recycled materials declined from the same period of the previous year, mainly due to intensified competition for collection.」

    The decline in recycled-material collection volumes due to intensified competition for collection continued in the first quarter.
  9. FY2017RestatedAnnual report

    「We are responding by expanding overseas sourcing and through other measures, but if our group is unable to procure the recycled materials required for its environmental recycling business, this may affect our group's operating results.」

    While expanding overseas sourcing is presented as a response to intensified competition for collection, the risk of procuring raw materials itself remains.
  10. FY2017-Q3RestatedAnnual report

    「Collection volumes of recycled materials decreased year on year, mainly due to intensified competition for collection.」

    The decline in recycled-material collection volumes due to intensified competition for collection continued through the first 3 quarters.
  11. FY2017-Q2RestatedAnnual report

    「Collection volumes of recycled materials decreased year on year, mainly due to intensified competition for collection.」

    The decline in recycled materials collection volumes due to intensified competition for collection continued through the cumulative second quarter.
  12. FY2017-Q1First statedAnnual report

    「In the environmental recycling business, prices for precious-metal products were generally below the year-earlier level, mainly due to lower metal prices resulting from yen appreciation. Collection volumes decreased year on year, mainly due to intensified competition for collection.」

    Intensified competition for recycled-material collection has been reflected in actual results as a decline in collection volumes.
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Decline in recycled-material collection volumes due to intensifying collection competition | ENEOS Holdings,Inc. (5020) | Komori