Dependence on the Ceramics Field
First written in FY2016. 4 of 8 entries say "Softened", first in FY2019. Latest entry: FY2026.
Nikkato moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2019: 7 of 29 companies on the "Worse" side.
1 other company's latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Ceramics products account for 72.4% of our business, and these are products formed entirely from ceramics rather than composite products using ceramics only in part.」
The sales mix of ceramics products fell from 73.5% in the previous fiscal year to 72.4%, but the dependence structure continues. - FY2024SoftenedAnnual report
「Ceramics products account for 73.5% of our business, and these are products formed entirely from ceramics rather than composite products using ceramics only in part.」
The sales mix of ceramics products fell from 76.2% in the previous fiscal year to 73.5%, but they still account for most of the business. - FY2023SoftenedAnnual report
「Ceramics products account for 76.2% of our business, and these are products formed entirely from ceramics rather than composite products using ceramics only in part.」
The sales mix of ceramics products fell slightly from 76.3% in the previous fiscal year to 76.2%, but they still account for most of the business. - FY2021WorsenedAnnual report
「Ceramics products account for 76.3% of our business, and these are products formed entirely from ceramics rather than composite products using ceramics only in part.」
The sales mix of ceramics products rose from 75.9% in the previous fiscal year to 76.3%, further increasing the level of dependence. - FY2020WorsenedAnnual report
「Ceramics products account for 75.9% of our business, and these are products formed entirely from ceramics rather than composite products using ceramics only in part.」
The sales mix of ceramics products rose from 75.5% in the previous fiscal year to 75.9%, increasing the level of dependence again. - FY2019SoftenedAnnual report
「Ceramics products account for 75.5% of our business, and these are products formed entirely from ceramics rather than composite products using ceramics only in part.」
The sales mix of ceramics products fell from 76.2% in the previous fiscal year to 75.5%, but they still account for most of the business, and dependence on the ceramics sector remains a risk. - FY2018WorsenedAnnual report
「Ceramics products account for 76.2% of our business, and these are products formed entirely from ceramics rather than composite products using ceramics only in part.」
The sales mix of ceramics products rose to 76.2% from 73.2% stated for FY2016. Dependence on the ceramics sector continues to be identified as a risk. - FY2016First statedAnnual report
「Ceramics products account for 73.2% of our business, and these are products formed entirely from ceramics rather than composite products using ceramics only in part. Accordingly, our ceramics business currently depends entirely on the ceramics sector, and the emergence of a new material that could replace ceramics could have a significant impact on our results.」
Ceramics products account for 73.2% of sales, with 100% dependence on the ceramics sector identified as a risk if new materials emerge.