Growing concern over marine plastic pollution and the order environment for high-performance film manufacturing equipment
First written in FY2019-Q1. 4 of 8 entries say "Advanced", first in FY2021. Latest entry: FY2023-Q3.
No other company in this theme has enough history to compare yet.
- FY2023-Q3RestatedAnnual report
「Although demand remains evident in the market for films that are 100% recyclable, the market for plastic thin-film production equipment has entered an adjustment phase because inventories in the film market, particularly in the core US market, have increased as a result of capital investment in prior fiscal years.」
While demand for recyclable film applications continues, the overall thin-film market is in an adjustment phase due to increased inventories, particularly in the United States. - FY2022AdvancedAnnual report
「In Europe, orders for environmentally conscious equipment were trending upward, including multilayer film production equipment using polyethylene that is easy to recycle and equipment using biodegradable plastics as a raw material.」
The company reported increased orders for environmentally conscious multilayer film production equipment using polyethylene that is easy to recycle and biodegradable plastics. - FY2022-Q3RestatedAnnual report
「Inquiries from Asia and for environmentally friendly biodegradable film lines and lines using only readily recyclable polyethylene as the raw material remain strong.」
The company stated that inquiries remained strong for environmentally conscious biodegradable film lines and lines using only polyethylene, which is easy to recycle. - FY2022-Q2AdvancedAnnual report
「In the European market, the company received orders for film lines for lamination and film lines using only polyethylene, which is easy to recycle as a raw material, and demand for multilayer high-performance film production equipment remained high.」
In the European market, the company received an order for a film line using only polyethylene, which is easy to recycle. This added a specific example of environmentally conscious demand for high-performance film-related equipment. - FY2022-Q1AdvancedAnnual report
「As the internet retail market continued to expand amid stay-at-home demand during the COVID-19 pandemic, multilayer film lines for packaging performed well. In addition, the company received orders for biodegradable film applications due to growing environmental awareness, and demand for multilayer high-performance film production equipment remained high.」
Against a backdrop of growing environmental awareness, the company received orders for biodegradable film applications. This added a specific example of demand for high-performance film-related equipment driven by the marine plastic pollution issue and environmental awareness. - FY2021AdvancedAnnual report
「In addition to signs of improvement in the chemical industry and contract processing businesses, which had been sluggish in the previous consolidated fiscal year, demand increased for grinding systems used to recycle polyester film, as environmental awareness continued to rise worldwide.」
The company reported increased demand for grinding systems used to recycle polyester film, driven by growing environmental awareness. - FY2020-Q1RestatedAnnual report
「Although concern over marine plastic waste is growing, our Group continues to see solid order conditions in Asia and Europe, centered on multilayer, high-performance film production equipment, while orders for the United States have recovered.」
The company revisited the issue of growing marine plastic waste concerns and stated that the order environment for multilayer high-performance film production equipment remained firm in the United States, Asia and Europe despite those conditions. - FY2019-Q1First statedAnnual report
「Although concern over marine plastic waste is growing, our Group continues to see solid order conditions in the United States, Asia and Europe, centered on multilayer, high-performance film production equipment.」
The company stated for the first time that growing marine plastic waste concerns formed part of its business environment, and that the order environment for multilayer high-performance film production equipment remained firm in the United States, Asia and Europe.