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Powdertech (5695) · FactAdvancedLatest Earnings presentation (2026-08-07): "Worsened"

Resilient trend in the electrophotographic carrier market

First written in FY2017-Q3. 16 of 30 entries say "Restated". Latest entry: 2026-08-07.

30entries
10years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2020-Q2RestatedFY2021-Q2 – FY2023-Q2OtherFY2024-Q1 – FY2025-H12017: 420172018: 420182019: 320192020: 320202021: 420212022: 220222023: 320232024: 220242025: 220252026: 32026
Same theme, other companies
Expanding demand for information recording-related products and functional materialsA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Demand for functional materials, including our core product, electrophotographic carrier, remained firm, and sales volume exceeded the year-earlier period.」

    Demand for functional materials remained firm, and sales volume exceeded the year-earlier period.
  2. FY2026-H1AdvancedAnnual report

    「During the current interim consolidated accounting period, demand for functional materials, including our core product, electrophotographic carrier, remained firm, and sales volume exceeded the year-earlier period.」

    Demand for functional materials remained firm, and sales volume exceeded the year-earlier period.
  3. FY2025AdvancedAnnual report

    「Demand for our core product, electrophotographic carrier, remained firm at end-user levels after the distribution inventory adjustment through the previous fiscal year ended.」

    The assessment progressed to indicate that the distribution inventory adjustment that had constrained demand through the previous fiscal year had ended, with carrier demand remaining firm at end-user levels.
  4. FY2025-H1Distribution inventory adjustment largely complete; demand at end-user levelsAnnual report

    「Demand for our core product, electrophotographic carrier, has remained at end-user levels following the completion of distribution inventory adjustments.」

    The assessment changed to indicate that the distribution inventory adjustment that had constrained demand through the previous fiscal year had largely run its course, with carrier demand remaining at end-user levels.
  5. FY2024-Q3RestatedAnnual report

    「Demand for our core product, electrophotographic carrier, remained weak as the impact of distribution inventory adjustments persisted, despite the recovery in economic activity and office occupancy rates.」

    While economic activity and office occupancy rates recovered, carrier demand remained weak because of the impact of distribution inventory adjustments.
  6. FY2024-Q2RestatedAnnual report

    「Demand for our core product, electrophotographic carrier, recovered as economic activity and office occupancy rates improved, although the impact of customers’ distribution inventory adjustments at the end of the previous fiscal year remained.」

    While economic activity and office occupancy rates recovered, customers’ distribution inventory adjustments remained, constraining the recovery in carrier demand.
  7. FY2024-Q1Distribution inventory adjustments remain amid recoveryAnnual report

    「Demand for our core product, electrophotographic carrier, recovered as economic activity and office occupancy rates improved, although the impact of customers’ distribution inventory adjustments at the end of the previous fiscal year partly remained.」

    It states that, while economic activity and office occupancy rates recovered, the impact of customers’ distribution inventory adjustments since the end of the previous fiscal year partly remained, constraining the recovery in demand.
  8. FY2023WorsenedAnnual report

    「Demand for the company's main product, electrophotographic carriers, was roughly unchanged from the previous period, despite the recovery in economic activity and office operating rates, partly due to shortages of semiconductors and other items and disruptions to logistics.」

    Although economic activity and office operating rates recovered, carrier demand slowed from year-on-year growth to roughly the previous-period level due to semiconductor shortages and logistics disruptions.
  9. FY2023-Q2RestatedAnnual report

    「As economic activity and office operating rates improved, the operation and production of multifunction printers and commercial printing presses and other equipment continued on a recovery trend, and demand for the company's main product, carriers, increased year on year.」

    Carrier demand has continued on a recovery trend, increasing year on year against a backdrop of improving economic activity and office operating rates.
  10. FY2022-Q3RestatedAnnual report

    「Against a backdrop of recovering economic activity and the resumption of office activity, the operation of multifunction printers and commercial printing presses and other equipment continued to recover, and demand for the company's main product, carriers, increased year on year.」

    The recovery in equipment operation and carrier demand continued against a backdrop of the resumption of economic and office activity, and demand is increasing year on year.
  11. FY2022-Q2RestatedAnnual report

    「Against a backdrop of recovering economic activity and the resumption of office activity, the operation of multifunction printers and commercial printing presses and other equipment continued to recover, and demand for the company's main product, carriers, increased year on year.」

    The recovery in equipment operation and carrier demand continued against a backdrop of the resumption of economic and office activity, and demand increased year on year.
  12. FY2022-Q1Demand turned to year-on-year growthAnnual report

    「Against a backdrop of recovering economic activity and the resumption of office activity, the operation of multifunction printers and commercial printing presses and other equipment continued to recover, and demand for the company's main product, carriers, turned to year-on-year growth.」

    Carrier demand changed from a decline due to lockdowns and working from home to year-on-year growth against a backdrop of the resumption of economic and office activity.
  13. FY2021Recovery trend but substantial full-year declineAnnual report

    「The operating rates of multifunction printers and other equipment declined due to reduced office use resulting from restrictions on movement, including lockdowns, and increased working from home amid the COVID-19 pandemic. As a result, demand for the company's main product, carriers, recovered gradually from the third quarter onward but declined significantly from the previous period.」

    Although the disclosure stated that demand recovered from the third quarter onward, carrier demand declined significantly from the previous period for the full year.
  14. FY2021-Q3Recovery trend amid a substantial declineAnnual report

    「Under these conditions, the recovery in the operation of multifunction printers and commercial printing presses was delayed due to reduced office use resulting from restrictions on movement and increased working from home amid the COVID-19 pandemic, and demand for the company's main product, carriers, declined significantly year on year despite being on a recovery trend from the third quarter onward.」

    Carrier demand entered a recovery trend from the third quarter onward, but the recovery in equipment operation was delayed, and demand remained significantly below the previous year.
  15. FY2021-Q2RestatedAnnual report

    「Under these conditions, office use declined due to restrictions on movement and increased working from home amid the COVID-19 pandemic, reducing the operating rates of multifunction printers and commercial printing presses and causing demand for the company's main product, carriers, to decline substantially.」

    Demand for carriers has continued to decline substantially against a backdrop of reduced office use and lower equipment operating rates due to restrictions on movement and increased working from home.
  16. FY2021-Q1WorsenedAnnual report

    「Under these conditions, offices and other facilities were closed in many countries due to lockdowns (restrictions on movement) and restraints on economic activity in the first quarter, and multifunction printers and commercial printing presses were not operating, causing demand for the company's main product, carriers, to decline significantly.」

    The electrophotographic carrier market deteriorated from its previous resilience as demand for the main product declined significantly due to lockdowns and office closures.
  17. FY2020-Q3WorsenedAnnual report

    「Under these conditions, the market for office copiers and printers and commercial printing presses in which the company's main product, electrophotographic carriers, is used was affected by the economic slowdown in Europe, China and elsewhere.」

    The disclosure states that, in addition to the previous view that the electrophotographic carrier market was broadly resilient, it was affected by the economic slowdown in Europe, China and elsewhere, making the weakening market environment more evident.
  18. FY2020-Q2RestatedAnnual report

    「Against this economic backdrop, the market for office copiers and printers and commercial printing presses in which the company's main product, electrophotographic carriers, is used remained broadly resilient, led by color machines.」

    The company maintains its view that the electrophotographic carrier market remained broadly resilient, led by color machines.
  19. FY2020-Q1RestatedAnnual report

    「Against this economic backdrop, the market for office copiers and printers and commercial printing presses in which electrophotographic carriers are used remained broadly resilient, led by color machines.」

    The company maintains its view that the electrophotographic carrier market remained resilient, led by color machines.
  20. FY2019-Q3RestatedAnnual report

    「Against this economic backdrop, the market for office copiers and printers and commercial printing presses in which electrophotographic carriers are used remained resilient, led by color machines.」

    The company maintains its view that the electrophotographic carrier market remained resilient, led by color machines.
  21. FY2019-Q2RestatedAnnual report

    「Against this economic backdrop, the market for office copiers and printers and commercial printing presses in which electrophotographic carriers are used remained resilient, led by color machines.」

    The company maintains its view that the electrophotographic carrier market remained resilient, led by color machines.
  22. FY2019-Q1RestatedAnnual report

    「Against this economic backdrop, the market for electrophotographic carriers used in office copiers and printers and commercial printing presses remained broadly resilient, led by color machines.」

    The company maintains its view that the electrophotographic carrier market remained resilient, led by color machines.
  23. FY2018RestatedAnnual report

    「The market for electrophotographic carriers used in office copiers and printers and commercial printing presses remained broadly resilient, led by color machines.」

    The company continues to take the view that the electrophotographic carrier market remained resilient, led by color machines.
  24. FY2018-Q3RestatedAnnual report

    「Against this economic backdrop, the market for electrophotographic carriers used in office copiers and printers and commercial printing presses remained broadly resilient, led by color machines.」

    The company maintains its view that the electrophotographic carrier market remained resilient, led by color machines.
  25. FY2018-Q2RestatedAnnual report

    「Against this economic backdrop, the market for electrophotographic carriers used in office copiers and printers and commercial printing presses remained broadly resilient, led by color machines.」

    The company maintains its view that the electrophotographic carrier market remained resilient, led by color machines.
  26. FY2018-Q1RestatedAnnual report

    「The market for electrophotographic carriers used in office copiers and printers and commercial printing presses remained broadly resilient, led by color machines.」

    The company maintains its view that the electrophotographic carrier market remained resilient, led by color machines.
  27. FY2017RestatedAnnual report

    「The market for electrophotographic carriers used in office copiers and printers and commercial printing presses remained broadly resilient, led by color machines.」

    The company maintains its full-year view that the electrophotographic carrier market remained resilient, led by color machines.
  28. FY2017-Q3First statedAnnual report

    「The market for electrophotographic carriers used in office copiers and printers and commercial printing presses remained broadly resilient, led by color machines.」

    The disclosure states that the electrophotographic carrier market remained broadly resilient, led by color machines.
Moved together

"Mass production and establishment of a supply system for fine ferrite powder" moved the same way as this thread, in the same document, in 4 of its 30 moves.

443333★123456
  1. ★This thread
  2. 1Mass production and establishment of a supply system for fine ferrite powder4×
  3. 2Raw Material Price Volatility and Foreign-Currency Transaction Exchange Rate Risk4×
  4. 3Bringing the New Factory Online and Establishing a Framework for Stable Production Increases3×
  5. 4Stable and Continuous Profit Returns3×
  6. 5Reducing environmental impact through energy conservation, wastewater and waste management3×
  7. 6Higher consolidated revenue and profit, driven primarily by the Career business3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Powdertech yet. It last moved in the Earnings presentation of 2026-08-07: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Resilient trend in the electrophotographic carrier market | Powdertech Co.,Ltd. (5695) | Komori