Decline in domestic tire cord sales volume
First written in FY2017-Q1. 10 of 26 entries say "Worsened", first in FY2018-Q2. Latest entry: 2026-08-10.
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- 2026-08-10MitigatedResults
「タイヤ用スチールコードの販売数量増加に伴い」
タイヤ用スチールコードの販売数量が前年同期比で増加し、従来の販売数量減少リスクは当四半期において緩和方向へ変化した。 - FY2026WorsenedAnnual report
「Segment net sales were ¥4,750 million, down 13.9% from the previous consolidated fiscal year, due to the impact of lower selling prices for tire steel cord.」
Revenue from tire steel cord declined 13.9% due to lower selling prices, while the effects of lower sales volume and weak market conditions continued. - FY2026-H1WorsenedAnnual report
「Sales volume of tire steel cord declined as some overseas products entered the market, resulting in segment net sales of ¥2,403 million, down 17.5% year on year.」
Sales volume of tire steel cord declined as some overseas products entered the market, and segment net sales fell 17.5% year on year. - FY2024WorsenedAnnual report
「Sales volume of tire steel cord declined due in part to persistently weak tire sales in North America since the end of the year before last. As a result, segment net sales declined to ¥7,479 million, down 19.9% from the previous consolidated fiscal year.」
Sales volume of tire steel cord declined due to weak tire sales in North America, and sales related to steel cord declined 19.9% year on year. - FY2023WorsenedAnnual report
「Since the end of last year, orders for tire steel cord have also declined as adjustments continued due to the economic slowdown in North America, among other factors,」
Even after tire cord sales volume recovered, declining orders for tire steel cord due to the economic slowdown in North America, among other factors, emerged as a new factor weighing on earnings. - FY2023-Q3WorsenedAnnual report
「Recently, production was adjusted due in part to the impact of declining orders resulting from inventory adjustments by domestic and overseas customers, resulting in an operating loss of ¥795 million, compared with an operating loss of ¥700 million in the same period of the previous year.」
For steel cord-related products, including tire cord, declining orders resulting from inventory adjustments by domestic and overseas customers have led to production adjustments and a larger operating loss. - FY2022MitigatedAnnual report
「As the automotive industry recovered from the significant impact of COVID-19 in the previous consolidated fiscal year, sales volume of tire cord also recovered substantially.」
Tire cord sales volume recovered substantially as the automotive industry recovered, and sales related to steel cord increased 15.4% year on year. - FY2022-Q3MitigatedAnnual report
「As the automotive industry recovered from the significant impact of COVID-19 in the same period of the previous year, sales volume of tire cord also recovered substantially. In addition, selling prices increased because product prices were revised in line with surging raw wire prices, raising the unit selling price. Net sales in this business therefore increased significantly to ¥6,425 million, up 18.5% year on year.」
Tire cord sales volume recovered substantially as the automotive industry recovered, and net sales increased 18.5% year on year. The increase in the unit selling price following the product price revision was also cited. - FY2022-Q2MitigatedAnnual report
「As the automotive industry recovered from the significant impact of COVID-19 in the same period of the previous year, sales volume of tire cord also recovered substantially. In addition, tire consumption increased as vehicle use rose, while selling prices also increased after product prices were revised in line with surging raw wire prices. As a result, net sales in this business increased significantly to ¥4,182 million, up 25.2% year on year, and the operating loss narrowed to ¥445 million, compared with an operating loss of ¥868 million in the same period of the previous year.」
Tire cord sales volume recovered substantially as the automotive industry recovered, among other factors, with net sales up 25.2% year on year and the operating loss narrowing. - FY2022-Q1MitigatedAnnual report
「As the automotive industry recovered from the significant impact of COVID-19 in the same period of the previous year, sales volume of tire cord also recovered substantially. In addition, tire consumption increased as vehicle use rose, and net sales in this business increased significantly to ¥2,033 million, up 44.7% year on year. The operating loss narrowed to ¥230 million, compared with an operating loss of ¥548 million in the same period of the previous year.」
Tire cord sales volume recovered substantially as the automotive industry recovered, among other factors, with net sales up 44.7% year on year and the operating loss narrowing from ¥548 million to ¥230 million. - FY2021-Q3MitigatedAnnual report
「Although the impact of COVID-19 on the automotive industry had bottomed out and winter tires were performing well, tire cord orders had generally returned to normal levels.」
Orders for tire cord have broadly returned to normal levels, and the operating loss related to steel cord narrowed from ¥1,166 million in the same period of the previous year to ¥938 million. On a cumulative basis, the impact of the decline in orders in the first quarter remains. - FY2021-Q2WorsenedAnnual report
「Although the impact of COVID-19 on the automotive industry had bottomed out and the industry was on a recovery track, tire cord orders declined substantially in the first quarter. As a result, revenue was ¥3,342 million, down 34.9% year on year, and the operating loss was ¥868 million, compared with an operating loss of ¥715 million in the prior-year period.」
The automotive industry was described as being on a recovery track, but the substantial decline in first-quarter tire cord orders resulted in revenue down 34.9% year on year and the operating loss increasing from ¥715 million to ¥868 million. - FY2021-Q1WorsenedAnnual report
「The automotive industry was heavily affected by COVID-19, and tire cord sales volume also declined substantially. Revenue was ¥1,405 million, down 45.7% year on year, and the operating loss was ¥548 million, compared with an operating loss of ¥322 million in the prior-year period.」
The substantial decline in tire cord sales volume continued, with revenue down 45.7% year on year and the operating loss increasing from ¥322 million to ¥548 million. - FY2020WorsenedAnnual report
「In addition to lower sales volume of tire cord and hose wire, the impact of a decline in fine wire for cutting silicon wafers for solar power generation, which had performed well through the first half of the prior fiscal year, was significant. Revenue was ¥9,717 million, down 10.1% from the prior consolidated fiscal year, and the operating loss was ¥1,660 million, compared with a loss of ¥939 million in the prior consolidated fiscal year.」
Sales volume and demand for tire cord, hose wire, and fine wire continued to decline, with revenue down 10.1% and the operating loss increasing from ¥939 million to ¥1,660 million. - FY2020-Q3WorsenedAnnual report
「The impact of lower tire cord sales volume and lower demand for fine wire used to cut silicon wafers for solar power generation was significant, resulting in revenue of ¥7,490 million, down 8.5% year on year, and an operating loss of ¥1,166 million, compared with a loss of ¥556 million in the prior-year period.」
Tire cord sales volume, which had increased through the prior quarter, changed to a decline, resulting in lower steel cord-related revenue and a larger operating loss. - FY2020-Q2RestatedAnnual report
「Tire cord sales volume increased, but the impact of lower demand for fine wire used to cut silicon wafers for solar power generation was significant, resulting in revenue of ¥5,131 million, down 7.1% year on year, and an operating loss of ¥715 million, compared with a loss of ¥389 million in the prior-year period.」
While the increase in tire cord sales volume was confirmed, the disclosure reports lower steel cord-related revenue and losses due to declining demand for fine wire. - FY2019-Q3MitigatedAnnual report
「Domestic tire cord sales volume increased, but core wire sales decreased, resulting in revenue of ¥8,183 million, a slight 0.6% year-on-year decline. On the profit side, higher costs for the sales mix and various materials resulted in a segment loss of ¥556 million, compared with profit of ¥230 million in the prior-year period.」
Domestic tire cord sales volume continued to increase, mitigating the previously identified risk of lower sales volume. Meanwhile, other factors reducing profit, including lower core wire sales, continued. - FY2019-Q2MitigatedAnnual report
「Domestic tire cord sales volume and Chinese core wire sales volume increased, resulting in revenue of ¥5,525 million, up 3.1% year on year, but lower domestic core wire sales, which had been strong in the prior fiscal year, resulted in a segment loss of ¥389 million, compared with profit of ¥50 million in the prior year.」
Domestic tire cord sales volume changed from a decline to an increase, mitigating the previously identified risk of lower domestic tire cord sales volume. Meanwhile, lower domestic core wire sales continued separately. - FY2019-Q1MitigatedAnnual report
「Domestic tire cord sales volume increased, resulting in revenue of ¥2,873 million, up 8.3% year on year, but lower sales of fine wire for cutting silicon wafers for solar power generation in Japan resulted in a segment loss of ¥111 million, compared with segment profit of ¥60 million in the prior-year period.」
Domestic tire cord sales volume changed from a decline to an increase, mitigating the risk in that area. Meanwhile, lower fine wire sales emerged as a separate factor reducing profit. - FY2018RestatedAnnual report
「In addition to wire saw sales from inventory recorded in the prior fiscal year, a temporary decline in steel cord product sales volume in the current fiscal year resulted in revenue of ¥11,436 million, down 21.2% from the prior consolidated fiscal year, and segment profit of ¥534 million, down 53.9%.」
The disclosure identifies steel cord products overall as subject to the sales volume decline and shows full-year revenue down 21.2% and segment profit down 53.9%. - FY2018-Q3RestatedAnnual report
「Due to the reaction to wire saw sales recorded in the prior fiscal year and a decline in steel cord product sales volume, revenue was ¥8,236 million, down 27.8% year on year, and segment profit was ¥230 million, down 77.9%.」
The reaction to wire saw sales and the decline in steel cord product sales volume continued, resulting in revenue down 27.8% and segment profit down 77.9%. - FY2018-Q2WorsenedAnnual report
「Due to the reaction to wire saw sales recorded in the prior fiscal year and a decline in steel cord product sales volume, revenue was ¥5,361 million, down 37.5% year on year, and segment profit was ¥50 million, down 94.0%.」
The reported sales volume decline broadened to steel cord products overall, with revenue down 37.5% and segment profit down 94.0%, showing a significant impact. - FY2018-Q1ReframedAnnual report
「Domestic sales volume of ultrafine wire decreased, as did tire cord sales volume in China, resulting in revenue of ¥2,652 million, down 16.0% year on year, and segment profit of ¥60 million, down 75.1%.」
The scope of the reported sales volume decline expanded from domestic tire cord previously to domestic ultrafine wire and Chinese tire cord. - FY2017MaterialisedAnnual report
「Tire cord sales volume decreased, but wire saw sales contributed to revenue of ¥14,506 million, up 11.3% year on year, and segment profit of ¥1,159 million, up 49.1%.」
Although tire cord sales volume declined over the full fiscal year, wire saw sales resulted in higher revenue and profit for the steel cord-related business overall. - FY2017-Q2MaterialisedAnnual report
「Tire cord sales volume decreased, but wire saw sales contributed to revenue of ¥8,583 million in this business, up 27.9% year on year.」
Although tire cord sales volume continued to decline, wire saw sales resulted in higher overall steel cord-related revenue. - FY2017-Q1MaterialisedAnnual report
「Domestic tire cord sales volume decreased, and sales in this business were ¥3,157 million, down 8.6% year on year.」
The decline in domestic tire cord sales volume was reflected in lower steel cord-related revenue.