Declining Domestic Steel Demand Due to a Falling Birthrate and an Aging Population
First written in FY2018-Q2. 6 of 9 entries say "Worsened", first in FY2020. Latest entry: FY2026.
JFE Holdings moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 8 of 16 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「JFE Steel Corporation exports approximately 41% overseas on a standalone, value basis, while JFE Shoji Corporation exports approximately 37% on a standalone, value basis, including JFE Steel products.」
The company continued to disclose the contraction of the domestic market due to the declining birthrate and aging population, intensifying competition owing to increased exports from China as domestic demand declines, and expanded production capacity in emerging countries. Export ratios were disclosed as 41% for JFE Steel and 37% for JFE Shoji. - FY2025WorsenedAnnual report
「Domestic steel product sales span a range of demand sectors, including construction and civil engineering, automobiles, industrial machinery and electrical machinery. JFE Steel Corporation exports approximately 42% overseas on a standalone, value basis, while JFE Shoji Corporation exports approximately 53% on a standalone, value basis, including JFE Steel products.」
In addition to the risk of domestic market contraction, the company identified increased exports from China as domestic demand declines, expanded production capacity in emerging countries, and weak demand in Japan and overseas. Export ratios were stated as approximately 42% for JFE Steel and 53% for JFE Shoji. - FY2024WorsenedAnnual report
「While Japan's steel market is expected to contract as a result of population decline, overseas markets are expected to see intensifying price competition for commodity products, along with stronger trends toward local production for local consumption of steel products.」
The contraction of the domestic market due to population decline, as well as overseas competition for commodity products and the advance of local production for local consumption, continues to represent structural demand and competitive risks. - FY2023WorsenedAnnual report
「While Japan's steel market is expected to contract as a result of population decline, overseas markets are expected to see intensifying price competition for commodity products, along with stronger trends toward local production for local consumption of steel products.」
The contraction of the domestic market due to population decline, as well as overseas competition for commodity products and the advance of local production for local consumption, continues to represent structural demand and competitive risks. - FY2022WorsenedAnnual report
「While Japan's steel market is expected to contract as a result of population decline, overseas markets are expected to see intensifying price competition for commodity products, along with stronger trends toward local production for local consumption of steel products.」
The risk of domestic market contraction due to population decline was identified alongside intensifying overseas competition for commodity products and the advance of local production for local consumption, broadening into structural demand and competitive risks. - FY2020WorsenedAnnual report
「Domestic demand is expected to decline against a backdrop of population decline. Overseas markets are also expected to become increasingly competitive, amid concerns about expanding steel production capacity in emerging countries and rising exports from China as domestic demand declines.」
Concerns over declining domestic demand for steel products due to the declining birthrate and aging population intensified into medium- to long-term demand declines driven by population decline and fiercer competition resulting from increased production capacity and higher Chinese exports. - FY2018RestatedAnnual report
「Looking ahead, a substantial increase in demand for steel products cannot be expected because of declining domestic demand associated with the declining birthrate and aging population, among other factors,」
The risk of a future decline in domestic demand for steel products due to the declining birthrate and aging population has been reconfirmed. - FY2018-Q3RestatedAnnual report
「Looking ahead, a substantial increase in demand for steel products cannot be expected because of declining domestic demand associated with the declining birthrate and aging population, among other factors,」
The risk of a future decline in domestic demand for steel products due to the declining birthrate and aging population has been reconfirmed. - FY2018-Q2First statedAnnual report
「Looking ahead, a substantial increase in demand for steel products cannot be expected because of declining domestic demand associated with the declining birthrate and aging population, among other factors,」
The company states that a substantial increase in future domestic demand for steel products in the steel business cannot be expected because of declining domestic demand associated with the declining birthrate and aging population.