Declining Supply of Overseas Competing Products and Firm Aluminum Market Prices
First written in FY2022. 3 of 4 entries say "Worsened", first in FY2024-Q2. Latest entry: FY2026.
Daiki Aluminium Industry moved to the "Worse" side of this theme in 2023, 6 years after the typical company in this theme (2017).
The whole theme swung hardest in 2018: 5 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「At the same time, the earnings environment was affected by a decline in the generation of aluminum scrap, the raw material, and increased demand for aluminum scrap as a low-carbon material.」
A decline in scrap generation and increased demand for low-carbon raw materials affected the earnings environment, with the factors tightening the supply-demand balance for raw materials continuing and becoming more specific. - FY2024-Q3WorsenedAnnual report
「While aluminum scrap, the raw material, remains in short supply and prices remain high, exports of components to China and Southeast Asia lacked strength, and a full-fledged recovery in demand has not yet been achieved.」
Weak exports of parts to China and Southeast Asia were identified as a factor hindering the recovery in demand, indicating that deterioration in external market conditions has continued in a form different from the slowdown in the Chinese economy and inflow of low-priced aluminum alloy ingots reported in the previous fiscal year. - FY2024-Q2WorsenedAnnual report
「In Japan, product selling prices declined year on year, partly because aluminum demand in China decreased due to the slowdown in the Chinese economy, causing low-priced aluminum alloy ingots to flow into Japan.」
Unlike the decline in the supply of overseas competitors’ products and firm aluminum prices reported for FY2022, lower demand in China led to an inflow of low-priced aluminum alloy ingots into Japan, which contributed to lower product selling prices. - FY2022First statedAnnual report
「For the Group, however, the supply of competing products from overseas, mainly China, declined, while aluminum prices remained firm.」
For the first time, separately identified the decline in the supply of overseas competitors’ products and firm aluminum prices as external factors supporting sales volumes, selling prices and business performance in the current fiscal year.