Recovery in Production and Sales Volumes Following Completion of Electric Furnace Upgrades
First written in FY2016. 4 of 34 entries say "Advanced", first in FY2016. Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Annual sales volume decreased 27.0%Annual report
「The Company's ferronickel sales volumes declined 27.0% from the previous fiscal year, as it continued its policy of strategically restraining volumes without compromising a certain level of profitability amid the aforementioned weak business environment.」
Ferronickel sales volume decreased 27.0% year on year as the company continued its policy of strategic volume controls. - FY2026-H1First-half sales volume decreased 42.4% year on yearAnnual report
「As nickel pig iron prices, which offer the price advantages described above, continued to affect our selling prices, we continued our policy of strategic volume controls that would not compromise a certain level of profitability. As a result, sales volume decreased 42.4% from the previous interim consolidated accounting period.」
Ferronickel sales volume decreased 42.4% from the previous interim consolidated accounting period as the company continued its policy of strategic volume controls. - FY2025Annual sales volume decreased 9.9%Annual report
「Sales volume decreased 9.9% from the previous fiscal year as we continued our policy of strategic volume controls that would not compromise a certain level of profitability.」
Ferronickel sales volume decreased 9.9% year on year as the company continued its strategic volume controls. - FY2025-H1AdvancedAnnual report
「Although we continued our policy of strategic volume controls that would not compromise a certain level of profitability, overall sales volume increased 7.6% from the previous interim consolidated accounting period due to higher overseas sales.」
Despite the continued policy of strategic volume controls, ferronickel sales volume increased 7.6% from the previous interim period due to higher overseas sales. - FY2024Annual sales volume decreased 51.4%Annual report
「As nickel pig iron prices, which offer the price advantages described above, continued to affect our selling prices, we continued our policy of strategic volume controls that would not compromise a certain level of profitability. As a result, sales to both domestic and overseas markets declined from the previous fiscal year, resulting in an overall decrease of 51.4% year on year.」
Following the 54.2% decrease in the previous fiscal year, annual sales volume decreased 51.4% year on year due to the continued policy of strategic volume controls. - FY2024-Q3Sales volume decreased 52.7% year on yearAnnual report
「As nickel pig iron prices, which offer the price advantages described above, continued to affect our selling prices, we continued our policy of strategic volume controls that would not compromise a certain level of profitability. As a result, sales to both domestic and overseas markets declined from the same quarter of the previous year, resulting in an overall decrease of 52.7% year on year.」
Ferronickel sales volume decreased 52.7% year on year as the company continued its policy of strategic volume controls. - FY2024-Q2Sales volume decreased 46.2% year on yearAnnual report
「As we continued our policy of strategic volume controls that would not compromise a certain level of profitability, sales to both domestic and overseas markets declined from the same quarter of the previous year, resulting in an overall decrease of 46.2% year on year.」
Ferronickel sales volume decreased 46.2% year on year as the company continued its policy of strategic volume controls. - FY2024-Q1Sales volume decreased 57.0% year on yearAnnual report
「As we continued our policy of strategic volume controls that would not compromise a certain level of profitability, sales to both domestic and overseas markets declined from the same quarter of the previous year, resulting in an overall decrease of 57.0% year on year.」
Ferronickel sales volume decreased 57.0% year on year due to the continued policy of strategic volume controls. - FY2023Annual sales volume decreased 54.2%Annual report
「Our sales plan was conservative due to the impact of lower production volume following an accident involving the leakage of molten material from one of the electric furnaces at one of the three ferronickel production facilities, which occurred shortly before the end of the previous fiscal year. In addition, nickel supply and demand softened, and overseas stainless steel producers partially shifted their sourcing toward nickel pig iron, which remained price-competitive even after taking production costs into account. As nickel pig iron prices also began to affect our selling prices, we shifted our policy toward strategic volume controls that would not compromise a certain level of profitability. As a result, sales to both domestic and overseas markets declined from the previous fiscal year, resulting in an overall decrease of 54.2% year on year.」
The combination of the electric furnace accident, the shift in sourcing toward nickel pig iron, softer supply and demand, and strategic volume controls caused annual sales volume to decrease 54.2% year on year. - FY2023-Q3The decline in sales volume narrowed slightlyAnnual report
「Our ferronickel sales plan was conservative due to the impact of lower production volume following an accident involving the leakage of molten material from one of the electric furnaces at one of the three ferronickel production facilities, which occurred shortly before the end of the previous fiscal year. In addition, nickel supply and demand softened, and overseas stainless steel producers partially shifted their sourcing toward nickel pig iron, which remained price-competitive even after taking production costs into account. As nickel pig iron prices also began to affect our selling prices, we shifted our policy toward strategic volume controls that would not compromise a certain level of profitability. As a result, sales to both domestic and overseas markets declined from the same quarter of the previous year, resulting in an overall decrease of 54.6% year on year.」
With the electric furnace accident, softer nickel supply and demand, the shift in sourcing toward nickel pig iron, and the policy of restricting volume for profitability all continuing, sales volume decreased 54.6% year on year. The decline narrowed slightly from the 56.3% decrease in the previous quarter. - FY2023-Q2Sales volume fell sharply due to the electric furnace accident and strategic volume controlsAnnual report
「Our ferronickel sales plan was conservative due to the impact of lower production volume following an accident involving the leakage of molten material from one of the electric furnaces at one of the three ferronickel production facilities, which occurred shortly before the end of the previous fiscal year. In addition, the partial shift by overseas stainless steel producers in their raw material sourcing toward nickel pig iron and other materials offering relatively greater price advantages continued, while operating rates at facilities in the stainless steel industry remained uneven. As a result, sales to both domestic and overseas markets declined from the same quarter of the previous year, resulting in an overall decrease of 56.3% year on year.」
Sales volume decreased 56.3% year on year due to the electric furnace accident, the shift in raw material sourcing toward nickel pig iron and other materials, uneven operating rates in the stainless steel industry, and the policy of restricting volume. - FY2023-Q1Sales volume fell sharply due to an electric furnace accidentAnnual report
「Our ferronickel sales plan was conservative due to the impact of lower production volume following an accident involving the leakage of molten material from one of the electric furnaces at one of the three ferronickel production facilities, which occurred shortly before the end of the previous fiscal year. In addition, the partial shift by overseas stainless steel producers in their raw material sourcing toward nickel pig iron and other materials offering relatively greater price advantages continued, while operating rates at facilities in the stainless steel industry remained uneven. Sales to both domestic and overseas markets declined from the same quarter of the previous year, resulting in an overall decrease of 43.7% year on year.」
Following the recovery in sales volume in the previous fiscal year, sales volume decreased 43.7% year on year against a backdrop of lower production volume due to the electric furnace accident, a shift in raw material sourcing toward nickel pig iron and other materials, and uneven facility operating rates. - FY2022AdvancedAnnual report
「Against this backdrop, although overseas stainless steel producers have partially shifted their raw material sourcing toward nickel pig iron and other materials offering relatively greater price advantages, our ferronickel sales increased to both domestic and overseas markets from the previous fiscal year, resulting in an overall increase of 30.1% year on year.」
Sales volume increased 30.1% year on year, recovering from the weak sales levels through the previous fiscal year. However, production and sales volume are expected to decline in the following fiscal year due to the shutdown of one electric furnace. - FY2022-Q3Sales volume increased 31.9% year on yearAnnual report
「Sales to both domestic and overseas markets increased from the same quarter of the previous year, resulting in an overall increase of 31.9% year on year.」
Despite the partial shift by overseas stainless steel producers in their raw material sourcing toward nickel pig iron and other materials, ferronickel sales volume to both domestic and overseas markets increased, rising 31.9% year on year. - FY2022-Q2Sales volume increased 33.9% year on yearAnnual report
「Against this backdrop, although overseas stainless steel producers have partially shifted their raw material sourcing toward nickel pig iron and other materials offering relatively greater price advantages, our ferronickel sales increased to both domestic and overseas markets from the same quarter of the previous year, resulting in an overall increase of 33.9% year on year.」
Despite the continued partial shift in raw material sourcing toward nickel pig iron and other materials, sales volume to both domestic and overseas markets increased, rising 33.9% year on year. - FY2022-Q1AdvancedAnnual report
「Against this backdrop, although overseas stainless steel producers have partially shifted their raw material sourcing toward nickel pig iron and other materials offering relatively greater price advantages, our ferronickel sales increased to both domestic and overseas markets from the same quarter of the previous year, resulting in an overall increase of 41.4% year on year.」
Despite the continued partial shift in raw material sourcing toward nickel pig iron and other materials, ferronickel sales volume increased to both domestic and overseas markets, recovering to growth of 41.4% year on year. - FY2021-Q3Sales volume decreased 29.2% year on yearAnnual report
「Against this backdrop, our ferronickel sales faced difficult conditions due in part to continued low operating rates at stainless steel producers amid the challenging environment in the stainless steel industry described above, as well as the shift by overseas stainless steel producers in their raw material sourcing toward nickel pig iron and other materials offering relatively greater price advantages. Sales to both domestic and overseas markets declined from the first nine months of the previous fiscal year, resulting in an overall decrease of 29.2% year on year.」
Sales volume decreased 29.2% year on year against a backdrop of persistently low operating rates at stainless steel producers and a shift in raw material sourcing toward nickel pig iron and other materials. - FY2021-Q2Sales volume decreased 35.0% year on yearAnnual report
「Against this backdrop, our ferronickel sales faced difficult conditions due in part to continued low operating rates at stainless steel producers amid the challenging environment in the stainless steel industry described above, as well as the shift by overseas stainless steel producers in their raw material sourcing toward nickel pig iron and other materials offering relatively greater price advantages. Sales to both domestic and overseas markets declined from the first six months of the previous fiscal year, resulting in an overall decrease of 35.0% year on year.」
Sales volume for the six months ended the second quarter decreased 35.0% year on year against a backdrop of persistently low operating rates at stainless steel producers and a shift in raw material sourcing toward nickel pig iron and other materials. - FY2021-Q1Sales volume decreased 45.3% year on yearAnnual report
「Against this backdrop, our ferronickel sales faced difficult conditions due in part to lower operating rates at stainless steel producers amid the challenging environment in the stainless steel industry described above, as well as the temporary shift by overseas stainless steel producers in their raw material sourcing toward nickel pig iron and other materials offering relatively greater price advantages. Sales to both domestic and overseas markets declined from the first quarter of the previous fiscal year, resulting in an overall decrease of 45.3% year on year.」
Sales volume decreased 45.3% year on year due to lower operating rates at stainless steel producers and the temporary shift in raw material sourcing toward nickel pig iron and other materials. Ferronickel production volume also declined broadly in line with sales volume. - FY2020Annual sales volumes turned to a year-on-year declineAnnual report
「Compared with the previous consolidated fiscal year, sales declined in both domestic and overseas markets, resulting in an overall year-on-year decrease of 10.8%.」
The 4.2% year-on-year decline in the cumulative third quarter widened to a 10.8% year-on-year decline for the full fiscal year, with sales declining in both domestic and overseas markets. - FY2020-Q3Narrowing decline in sales volumesAnnual report
「Compared with the cumulative third quarter of the previous fiscal year, overseas sales increased while domestic sales declined, resulting in an overall 4.2% year-on-year decrease in sales volumes.」
Overseas sales increased while domestic sales declined, resulting in an overall 4.2% year-on-year decline in sales volumes. The decline narrowed from the previous quarter's 6.8% year-on-year decrease. - FY2020-Q2Sales volumes turned to a year-on-year declineAnnual report
「Compared with the cumulative second quarter of the previous fiscal year, overseas sales increased while domestic sales declined, resulting in an overall 6.8% year-on-year decrease in sales volumes.」
Following the 11.6% year-on-year increase in FY2020-Q1, overseas sales increased while domestic sales declined, resulting in a 6.8% year-on-year decline in sales volumes for the cumulative second quarter under review. - FY2020-Q1Sales volumes turned to a year-on-year increaseAnnual report
「Although the Company continued to operate a cautious production and sales structure because the business environment remained uncertain, domestic sales declined and overseas sales increased from the first quarter of the previous consolidated fiscal year. Overall sales volumes increased 11.6% year on year.」
While the Company continued to operate a cautious production and sales structure, total sales volumes turned from a year-on-year decline in the previous quarter to an 11.6% year-on-year increase, driven by higher overseas sales. - FY2019-Q3Widening decline in salesAnnual report
「As in the previous consolidated fiscal year, the Company continued to operate cautiously because the business environment remained uncertain during the current consolidated fiscal year. Domestic sales increased from the same quarter of the previous year, while overseas sales declined, resulting in an overall 2.8% year-on-year decline in sales.」
While the Company continued to operate a cautious production and sales structure, the overall sales decline widened to 2.8% year on year from the previous quarter's 0.9% decline. - FY2019-Q2Narrowing decline in salesAnnual report
「The Company had adjusted some production and sales volumes in response to weak performance during the previous consolidated fiscal year. Because the business environment remained uncertain during the current consolidated fiscal year, it continued to operate cautiously. Domestic sales increased from the same quarter of the previous year, while overseas sales declined, resulting in an overall 0.9% year-on-year decline in sales.」
While the Company continued to operate a cautious production and sales structure, the overall decline in sales narrowed to 0.9% year on year from the previous quarter's 17.1% decline. - FY2019-Q1Sales volumes turned to a 17.1% year-on-year declineAnnual report
「Although demand from the Company's customers remained firm, the Company had adjusted some production and sales volumes in response to weak performance during the previous consolidated fiscal year. Because the business environment remained uncertain during the current consolidated fiscal year, the Company continued to operate cautiously. Sales declined in both domestic and overseas markets from the same quarter of the previous year, resulting in an overall 17.1% year-on-year decline in sales volumes.」
Following the previous quarter's year-on-year increase, sales volumes declined 17.1% year on year as the Company continued to operate a cautious production and sales structure. - FY2018-Q3Sales volumes turned to a slight year-on-year increaseAnnual report
「Although demand from the Company's customers remained firm, unstable LME nickel prices and high nickel ore prices could significantly affect the Company's performance. Accordingly, the Company continued adjusting some production and sales volumes from the second quarter. Overseas sales declined from the same quarter of the previous year, while domestic sales increased, resulting in a slight overall year-on-year increase of 0.5%.」
Following the 2.0% year-on-year decline in the second quarter, domestic sales increased while volume adjustments continued, resulting in a slight overall year-on-year increase of 0.5%. - FY2018-Q2Start of sales volume adjustments and year-on-year declineAnnual report
「Although demand from the Company's customers remained firm, weak LME nickel prices and high nickel ore prices could significantly affect the Company's performance. Accordingly, the Company began adjusting some production and sales volumes in the second quarter under review. Sales declined in both domestic and overseas markets from the same quarter of the previous year, resulting in an overall year-on-year decrease of 2.0%.」
Following the 0.8% year-on-year increase in the first quarter, the Company began adjusting volumes from the second quarter in response to weak LME nickel prices and high ore prices, resulting in an overall year-on-year decline of 2.0% in sales volumes. - FY2018-Q1Sales volumes turned to a year-on-year increaseAnnual report
「Demand from the Company's customers remained firm. Domestic sales declined from the same quarter of the previous year, while overseas sales increased, resulting in an overall year-on-year increase of 0.8%.」
Following the previous year's decline in sales volumes, total sales volumes in the first quarter under review increased 0.8% year on year. - FY2017Decline in sales volumes continued on a full-year basisAnnual report
「Although demand from the Company's customers remained firm, weak nickel prices continued and could significantly affect the Company's performance. Accordingly, the Company continued adjusting some production and sales volumes from the fourth quarter of the previous consolidated fiscal year. Domestic sales increased from the previous consolidated fiscal year, while overseas sales declined, resulting in an overall year-on-year decrease of 4.1%.」
The Company continued adjusting some production and sales volumes in response to weak nickel prices, and FY2017 sales volumes declined 4.1% year on year. - FY2017-Q3Widening decline in sales volumesAnnual report
「Although demand from the Company's customers remained firm, weak nickel prices continued and could significantly affect the Company's performance. Accordingly, the Company continued adjusting some production and sales volumes from the fourth quarter of the previous consolidated fiscal year. Domestic sales increased from the same quarter of the previous year, while overseas sales declined, resulting in an overall year-on-year decrease of 9.8%.」
The Company continued adjusting production and sales volumes in response to weak nickel prices, resulting in an overall 9.8% year-on-year decline in sales volumes. - FY2017-Q2RestatedAnnual report
「Although demand from the Company's customers remained firm, weak nickel price trends could significantly affect the Company's performance. Accordingly, the Company continued adjusting some production and sales volumes from the fourth quarter of the previous consolidated fiscal year. Domestic sales increased from the same quarter of the previous year, while overseas sales declined, resulting in an overall year-on-year decrease of 5.2%.」
The Company continued adjusting some production and sales volumes in response to weak nickel prices, resulting in a 5.2% year-on-year decline in sales volumes. - FY2017-Q1Adjustment of production and sales volumesAnnual report
「Although demand from the Company's customers remained firm, weak nickel price trends could significantly affect the Company's performance. Accordingly, the Company began adjusting some production and sales volumes in the fourth quarter of the previous consolidated fiscal year. Domestic sales increased from the same quarter of the previous year, while overseas sales declined, resulting in an overall year-on-year decrease of 3.1%.」
Following the previous year's recovery in sales volumes after completion of the electric furnace refurbishment, the Company adjusted some production and sales volumes in response to weak nickel prices, resulting in an overall year-on-year decline of 3.1%. - FY2016AdvancedAnnual report
「During the consolidated fiscal year ended after completion of the electric furnace refurbishment, operations progressed smoothly and inventory levels recovered. Supported by firm demand from the Company's customers, overseas sales increased despite a decline in domestic sales from the previous consolidated fiscal year, resulting in an overall year-on-year increase of 7.0%.」
The Company reported completion of the electric furnace refurbishment and recovery in inventory levels, while sales volumes increased 7.0% year on year.