Dependence on steel industry sales
First written in FY2016. 26 of 32 entries say "Restated". Latest entry: 2026-06-25.
No other company in this theme has enough history to compare yet.
- 2026-06-25Cited as achievedGovernance
「The company is one of our major and stable customers, principally for refractory products and furnace construction services, and our business is significantly affected by trends in its main business, steel production.」
JFE Steel was described as a major and stable customer, with its steel production trends having a significant impact on the company. At the same time, the company states that transactions are conducted through individual negotiations and independent decisions, with no business restrictions and a certain degree of independence secured. - FY2026MitigatedAnnual report
「JFE Steel Co., Ltd. 53,059 29.9」
Sales to JFE Steel were ¥53.059 billion, accounting for 29.9% of total sales, down from 34.7% in the previous fiscal year. JFE Steel remains the largest customer, but sales dependence on specific customers has declined further. - FY2025MitigatedAnnual report
「JFE Steel Co., Ltd. 49,988 34.7」
Sales to JFE Steel were ¥49.988 billion, accounting for 34.7% of total sales, down from 36.5% in the previous fiscal year. JFE Steel remains the largest customer, but sales dependence on specific customers has declined further. - FY2025-H1RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production during the interim consolidated accounting period decreased 4.4% year on year to 41.84 million tonnes, due to factors including sluggish steel demand from manufacturers, the construction sector and export markets.」
We reaffirm the structure in which the steel industry is the largest source of demand and its production and demand trends affect refractory sales. - FY2024MitigatedAnnual report
「JFE Steel Co., Ltd. 52,624 36.5」
Sales to JFE Steel were ¥52.624 billion, accounting for 36.5% of total sales, down from 41.9% in the previous fiscal year, reducing sales dependence. However, JFE Steel remains the largest customer. - FY2024-Q3RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first nine months decreased 1.3% year on year to 65.37 million tonnes, due to factors including sluggish export steel demand despite a recovery in steel demand for automobiles.」
We reaffirm the structure in which the steel industry is the largest source of demand and its production and demand trends affect refractory business sales. - FY2024-Q2RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first half to date decreased 2.3% year on year to 43.76 million tonnes, due to factors including sluggish steel demand for construction despite a recovery in steel demand for automobiles.」
We reaffirm the business structure in which the steel industry is the largest source of demand and its production trends affect refractory business sales. - FY2024-Q1RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first quarter to date decreased 3.4% year on year to 22.21 million tonnes, mainly because the recovery in steel demand for automobiles was delayed due to the semiconductor shortage.」
We reaffirm the business structure in which the steel industry is the largest source of demand and its production trends affect the refractory business. - FY2023-Q3RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first nine months of the consolidated fiscal year decreased 8.8% year on year to 66.22 million tonnes, due in part to the impact of reduced automobile production resulting from semiconductor supply constraints.」
We reaffirm the business structure in which the steel industry is the largest source of demand and its production trends affect refractory business sales. - FY2023-Q2RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first half to date decreased 7.5% year on year to 44.80 million tonnes, due in part to the impact of reduced automobile production resulting from semiconductor component supply constraints.」
We reaffirm the business structure in which the steel industry is the largest source of demand and its production trends affect refractory business sales. - FY2023-Q1RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first quarter to date decreased 5.6% year on year to 22.99 million tonnes, due in part to the impact of reduced automobile production resulting from semiconductor component supply constraints.」
We reaffirm the structure in which the steel industry is the largest source of demand and its production trends affect the refractory business. - FY2022WorsenedAnnual report
「JFE Steel Co., Ltd. 48,379 43.7」
Sales to JFE Steel were ¥48.379 billion, accounting for 43.7% of total sales, up from 37.5% in the previous fiscal year. Sales dependence on the steel industry and specific customers has increased in numerical terms. - FY2022-Q3RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first nine months increased 22.9% year on year to 72.62 million tonnes.」
We reaffirm the business structure in which the steel industry is the largest source of demand and its production trends affect refractory business sales. - FY2022-Q2RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first half to date increased 30.6% year on year to 48.42 million tonnes.」
We reaffirm the business structure in which the steel industry is the largest source of demand and its production trends affect refractory sales. - FY2021RestatedAnnual report
「The Group depends on the steel industry for much of its sales, and sales of its mainstay products, refractories and furnace construction services, are significantly affected by the operating rates and capital investment trends of the steel industry.」
We reaffirm the structural risk of dependence on sales to the steel industry. In fiscal 2021, sales to JFE Steel were ¥37.487 billion, accounting for 37.5% of total sales. - FY2021-Q3RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first nine months decreased 20.5% year on year to 59.08 million tonnes.」
We reaffirm the business structure in which the steel industry is the largest source of demand and its production trends affect refractory sales. - FY2021-Q2RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first half to date decreased 26.8% year on year to 37.10 million tonnes.」
We reaffirm the business structure in which the steel industry is the largest source of demand and its production trends affect refractory sales. - FY2021-Q1RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, domestic crude steel production for the first quarter to date decreased 30.7% year on year to 18.10 million tonnes.」
We reaffirm the structure in which the steel industry is the largest source of demand and its production trends affect refractory sales. - FY2020-Q3RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, domestic crude steel production in the cumulative third quarter declined 4.6% year on year to 74.31 million tonnes due to the sharp decline in demand for steel products since the second half of 2019.」
We reaffirm that the business structure is centered on the steel industry as its largest source of demand, and that steel production trends affect refractory sales. - FY2020-Q2RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, domestic crude steel production in the first half declined 3.0% year on year to 50.67 million tonnes due to the impact of natural disaster damage and other factors.」
We reaffirm that the business structure is centered on the steel industry as its largest source of demand, and that steel production trends affect refractory sales. - FY2020-Q1RestatedAnnual report
「In the steel industry, the largest source of demand for the refractory industry, exports remained weak due in part to the impact of US-China trade friction, but personal consumption remained firm and a gradual recovery trend continued.」
The company reconfirms the business structure in which the steel industry is the largest source of demand and its production and demand trends affect the refractories business. - FY2019-Q3RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, demand from the automotive and construction materials sectors remained strong. However, production stoppages caused by natural disasters and equipment problems weighed on production, and crude steel production in the cumulative third quarter declined slightly year on year to 77.92 million tonnes (down 0.6%).」
We reaffirm that the business structure is centered on the steel industry as its largest source of demand, and that steel production trends affect the refractory business. - FY2019-Q2RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, demand for automobiles and redevelopment projects ahead of the Tokyo Olympic and Paralympic Games continued. Crude steel production in the first half was approximately in line with the previous year's level at 52.21 million tonnes (+0.3%).」
We reaffirm that the business structure is centered on the steel industry as its largest source of demand, and that steel production and demand trends affect refractory sales. - FY2019-Q1RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, demand for steel products from domestic manufacturers and for construction related to the Tokyo Olympics remained strong. Crude steel production in the cumulative first quarter increased 1.8% year on year to 26.57 million tonnes.」
The company reconfirms the business structure in which the steel industry is the largest source of demand and its production and demand trends affect the refractories business. - FY2018RestatedAnnual report
「The Group depends on the steel industry for much of its sales, and sales of its mainstay products, refractories and furnace construction services, are significantly affected by the operating rates and capital investment trends of the steel industry.」
The company reiterates dependence on sales to the steel industry as a risk. Sales to JFE Steel, a major customer, were ¥38.248 billion, representing 37.2% of total sales. - FY2018-Q3RestatedAnnual report
「Although exports from the steel industry, the largest source of demand for the refractories industry, declined for the 11th consecutive month year on year, domestic construction demand and demand for steel products from manufacturers remained solid. Crude steel production in the cumulative third quarter therefore declined 0.6% year on year to 78.43 million tonnes, remaining almost at the same level.」
The company reiterates the business structure in which the steel industry is the largest source of demand and its production and demand trends affect the refractories business. - FY2018-Q2RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, domestic demand for steel products for construction and manufacturing remained firm. However, exports lacked some strength, continuing to decline year on year, and crude steel production in the cumulative second quarter fell 1% year on year to 52.03 million tonnes.」
The company reiterates the business structure in which the steel industry is the largest source of demand and its production and demand trends are related to sales in the refractories business. - FY2018-Q1RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, domestic demand for steel products for automobiles and domestic manufacturing industries, including industrial machinery, remained firm. However, exports lacked strength, continuing to decline year on year, and crude steel production in the cumulative first quarter fell 0.5% year on year to 26.08 million tonnes.」
The company reiterates the business structure in which the steel industry is the largest source of demand and its production and demand trends affect the refractories business. - FY2017-Q3RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, there were signs of recovery, including improving export-led market conditions and expectations for construction demand ahead of the Tokyo Olympic and Paralympic Games. However, crude steel production in the cumulative third quarter was 78.93 million tonnes, up 0.7% year on year, while profitability conditions have become more challenging recently due to sharp increases in coking coal and iron ore prices.」
The company reiterates the business structure in which the steel industry is the largest source of demand and its production and profitability conditions are related to demand for refractories and sales. - FY2017-Q2RestatedAnnual report
「In the steel industry, the largest source of demand for the refractories industry, crude steel production began to recover from the previous year's production cuts resulting from inventory adjustments. However, demand related to construction and automobiles lacked strength, and crude steel production in the cumulative second quarter was 52.54 million tonnes, up 0.9% year on year.」
The company reiterates the business structure in which the steel industry is the largest source of demand and its production trends are related to sales. - FY2017-Q1RestatedAnnual report
「Crude steel production in the steel industry, the largest source of demand for the refractories industry, remained limited to 26.20 million tonnes in the cumulative first quarter, up 1.3% year on year.」
The company reiterates the structure in which the steel industry is the primary source of demand and its production trends are related to the refractories business. - FY2016First statedAnnual report
「The Group depends on the steel industry for much of its sales, and sales of its mainstay products, refractories and furnace construction services, are significantly affected by the operating rates and capital investment trends of the steel industry.」
The company describes steel industry operating rates and capital investment as structural risks affecting sales of its mainstay products and furnace construction services.