Declining Demand for Disk Rolls from Stainless Steel Manufacturers
First written in FY2020-Q1. 3 of 8 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2024-Q1.
0 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「In the thermal insulation and furnace construction business, sales of 「レセパル HS」 insulation material for aluminum melting equipment overseas and 「Disc Roll」 high-temperature material transport rollers for stainless steel manufacturers increased significantly, while large orders for high-performance insulation also contributed to a substantial increase in sales.」
The company explained that sales of Disc Rolls, which had been subject to continued declines in demand and shipments, rose sharply. - FY2023-Q1MitigatedAnnual report
「In addition, sales of “Resepal HS” insulation materials for aluminum melting equipment and “Disc Roll” transfer rolls for high-temperature processing materials for stainless steel producers rose sharply in the thermal insulation and furnace-building-related businesses. Total Materials Sales revenue was ¥1,902 million, up 6.1% year on year.」
Sales of Disc Rolls, which had been subject to continued declines in demand and shipments, rose sharply together with Resepal HS, and total related Materials Sales revenue also increased 6.1% year on year. - FY2022-Q1MitigatedAnnual report
「In the steel-related business, shipments increased for “Resepal” insulation materials for overseas aluminum melting facilities and “Disc Roll” in-furnace transfer rolls for stainless steel producers.」
The company explained that shipments of Disc Rolls increased during the quarter, compared with the previous situation of declining demand and shipments. - FY2021WorsenedAnnual report
「In the marine and steel-related businesses, demand for thermal insulation materials for specialized vessels and “Disc Roll” in-furnace transfer rolls for stainless steel producers and other products declined due to weak global market conditions, resulting in lower shipments.」
Demand for steel-related products, including Disc Rolls, declined due to weak global market conditions, and shipments continued to decrease. - FY2021-Q3WorsenedAnnual report
「In Materials Sales, shipments to the marine, steel and automotive-related sectors declined due to a substantial decrease in demand caused by the stagnation of the global economy.」
In Materials Sales, including the steel-related business, substantial declines in demand and shipments caused by the stagnation of the global economy have continued. - FY2020-Q3Decline in shipments due to deteriorating market conditionsAnnual report
「In the steel-related business, shipments of “Disc Roll” in-furnace transfer rolls for stainless steel producers declined due to deteriorating market conditions resulting from the US-China trade friction.」
The deterioration in market conditions caused by the US-China trade friction has been identified as a specific factor behind the decline in demand for Disc Rolls. - FY2020-Q2Change in the wording describing the area of declining demandAnnual report
「In the steel-related business, demand for “Disc Roll” in-furnace transfer rolls for overseas steel producers declined, while shipments of products for domestic steel mills remained steady.」
The description of declining demand for Disc Rolls changed from products for stainless steel producers to products for overseas steel producers, while shipments of products for domestic steel mills remained steady. - FY2020-Q1First statedAnnual report
「In the steel-related business, demand for the company’s core product, the “Disc Roll” in-furnace transfer roll for stainless steel producers, declined, but the company is working to expand its product offerings for domestic steel mills.」
The decline in demand for Disc Rolls from stainless steel producers was identified as an independent risk for the first time during the quarter.