Decline in demand for special steel
First written in FY2016-Q2. 16 of 28 entries say "Softened", first in FY2017-Q3. Latest entry: 2026-07-14.
No other company in this theme has enough history to compare yet.
- 2026-07-14SoftenedEarnings
「With specialty steel increasing in Japan and China, net sales rose 22.7% year on year to ¥9.004 billion, while operating income increased 126.2% to ¥779 million.」
Demand for specialty steel increased in Japan and China, while indications of the risk of declining demand weakened further. - FY2026-H1SoftenedAnnual report
「In Other businesses, special steel sales increased in Japan and China. Revenue was ¥9.004 billion, up 22.7% year on year, and operating profit was ¥779 million, up 126.2%.」
Demand for special steel increased in Japan and China, with revenue up 22.7% and operating profit up 126.2%, weakening the disclosure of the risk of declining demand. - FY2025WorsenedAnnual report
「In Other businesses, demand for special steel declined, mainly in Japan. Revenue was ¥15.240 billion, down 4.7% year on year, and operating profit was ¥480 million, down 55.1%, due mainly to lower operating rates.」
The disclosure has changed from describing demand recovery and price pass-through through the previous fiscal year to reporting a decline in demand for special steel, mainly in Japan, with revenue down 4.7% and operating profit down 55.1%. - FY2025-H1WorsenedAnnual report
「In Other businesses, demand for special steel declined, mainly in Japan. Revenue was ¥7.338 billion, down 7.3% year on year, and operating profit was ¥344 million, down 31.8%, due mainly to lower operating rates.」
The disclosure has changed from describing demand recovery and price pass-through through the previous fiscal year to reporting a decline in demand for special steel, mainly in Japan, with revenue down 7.3% and operating profit down 31.8%. - FY2024-Q2WorsenedAnnual report
「In Other businesses, revenue was ¥7.914 billion, down 4.1% year on year, reflecting lower domestic demand for special steel.」
The disclosure has changed from describing demand as recovering and firm through the previous fiscal year to reporting a decline in domestic demand for special steel and a 4.1% decrease in revenue. - FY2023WorsenedAnnual report
「In Other businesses, revenue was ¥16.501 billion, up 0.5% year on year, despite slower demand for special steel in China, due mainly to higher selling prices. Operating profit was ¥972 million, down 30.4%, due mainly to soaring prices for certain rare metals and energy.」
Demand for special steel shifted from its previous recovery trend to slower demand from China. Revenue rose only marginally, while operating profit fell 30.4% year on year. - FY2023-Q2SoftenedAnnual report
「In Other businesses, revenue was ¥8.250 billion, up 3.8% year on year, due mainly to a recovery in demand for special steel and higher selling prices. Operating profit was ¥466 million, down 27.3%, due to soaring raw material and energy prices and higher fixed costs, including personnel expenses.」
The recovery in demand for special steel is continuing, reducing the risk of a decline in demand. However, operating profit decreased due to higher raw material and energy prices and fixed costs. - FY2022SoftenedAnnual report
「In Other businesses, revenue was ¥16.426 billion, up 27.5% year on year, and operating profit was ¥1.396 billion, 14.1 times the year-earlier level, due mainly to a recovery in demand for special steel and higher selling prices.」
The recovery in demand for special steel and higher selling prices increased revenue and operating profit, further reducing the risk of declining demand for special steel. - FY2022-Q3SoftenedAnnual report
「In Other businesses, revenue was ¥12.143 billion, up 30.1% year on year, and operating profit was ¥1.022 billion, 39.2 times the year-earlier level, due mainly to a recovery in demand for special steel and higher selling prices.」
The disclosure cites a recovery rather than a slump in demand for special steel, with higher selling prices also contributing to increases in revenue and operating profit. - FY2022-Q2SoftenedAnnual report
「In Other Businesses, sales were ¥7.951 billion, up 32.4% year on year, due to a recovery in specialty steel demand and higher selling prices, while operating income was ¥641 million, compared with an operating loss of ¥45 million in the same period of the previous year.」
A recovery in demand for special steel and higher selling prices lifted revenue 32.4%, turning an operating loss into operating profit. - FY2022-Q1SoftenedAnnual report
「In Other Businesses, sales were ¥3.778 billion, up 37.2% year on year, and operating income was ¥234 million, 11.6 times the previous year's level, due to a recovery in specialty steel demand and higher selling prices.」
Specialty steel demand shifted from sluggishness in the previous fiscal year to recovery, while higher selling prices also contributed to increases in sales and operating income. - FY2021WorsenedAnnual report
「In Other Businesses, specialty steel demand was recovering but remained at a low level. As a result, sales were ¥12.884 billion, up 0.8% year on year, and operating income was ¥99 million, down 82.7%.」
Demand was recovering but remained at a low level, and operating income declined 82.7% year on year, resulting in a substantial full-year decline in profit from the previous quarter's recorded profit. - FY2021-Q3SoftenedAnnual report
「In Other Businesses, specialty steel demand was recovering but remained at a low level. As a result, sales were ¥9.337 billion, down 7.7% year on year, and operating income was ¥26 million, down 95.4%.」
Specialty steel demand was described as recovering despite remaining at a low level. The decline in sales narrowed to 7.7% year on year, and operating income was a profit of ¥26 million rather than a loss. - FY2021-Q2WorsenedAnnual report
「In Other Businesses, sales were ¥6.006 billion, down 16.9% year on year, due to sluggish specialty steel demand and other factors, while the business recorded an operating loss of ¥45 million, compared with operating income of ¥411 million in the same period of the previous year.」
Sluggish specialty steel demand continued, with sales down 16.9% year on year, while operating income shifted from a profit in the same period of the previous year to an operating loss. - FY2021-Q1WorsenedAnnual report
「In Other Businesses, sales were ¥2.754 billion, down 25.4% year on year, and operating income was ¥20 million, down 92.9%, due to sluggish specialty steel demand and other factors.」
Specialty steel demand shifted from the solid recovery trend of the previous fiscal year to sluggishness, with the impact reflected in a 25.4% decline in sales and a 92.9% decline in operating income. - FY2019SoftenedAnnual report
「In Other Businesses, sales were ¥18.285 billion, up 3.3% from the previous fiscal year, and operating income was ¥1.740 billion, up 29.0%, due to higher selling prices for specialty steel and other factors.」
Rather than a decline in specialty steel demand, the disclosure cites increases in sales and operating income resulting from higher selling prices and other factors, indicating that the risk of declining demand has weakened. - FY2019-Q2SoftenedAnnual report
「In Other Businesses, sales were ¥9.382 billion, up 7.9% year on year, and operating income was ¥1.011 billion, up 23.6%, due to solid demand for specialty steel and higher selling prices.」
The disclosure cites solid, rather than declining, specialty steel demand, and sales and operating income increased year on year, supported by higher selling prices. - FY2018SoftenedAnnual report
「In Other Businesses, sales were ¥17.703 billion, up 20.2% from the previous fiscal year, and operating income was ¥1.349 billion, up 72.4%, due to a recovery in specialty steel demand and higher selling prices.」
Specialty steel demand shifted from decline to recovery, and higher selling prices also contributed to increases in sales and operating income. - FY2018-Q3SoftenedAnnual report
「In Other Businesses, sales were ¥13.220 billion, up 22.9% year on year, and operating income was ¥1.148 billion, up 85.5%, due to a recovery in demand for specialty steel and higher selling prices.」
In addition to the recovery in specialty steel demand, higher selling prices increased sales and operating income, further reducing the risk of declining demand. - FY2018-Q2SoftenedAnnual report
「In Other Businesses, sales were ¥8.691 billion, up 24.6% year on year, and operating income was ¥818 million, doubling year on year, due to a recovery in demand for specialty steel.」
The recovery in specialty steel demand continued, with sales up 24.6% year on year and operating income doubling, further reducing the risk of declining demand. - FY2018-Q1SoftenedAnnual report
「In Other Businesses, sales were ¥4.091 billion, up 21.8% year on year, and operating income was ¥436 million, doubling year on year, due to a recovery in demand for specialty steel.」
The recovery in specialty steel demand continued, with sales up 21.8% year on year and operating income doubling. - FY2017SoftenedAnnual report
「In Other Businesses, sales were ¥14.733 billion, up 5.6% from the previous consolidated fiscal year, due to a recovery in demand for specialty steel, while operating income was ¥782 million, down 16.6%, owing to the impact of surging raw material prices.」
Demand for specialty steel recovered, and sales turned to a 5.6% year-on-year increase. However, risks to profit remain due to surging raw material prices. - FY2017-Q3SoftenedAnnual report
「In Other Businesses, sales were ¥10.758 billion, up 2.9% year on year, due to a recovery in demand for specialty steel.」
The disclosure has shifted from the previously reported decline in specialty steel demand to a recovery in demand and a year-on-year increase in sales. - FY2017-Q2RestatedAnnual report
「In Other Businesses, sales were ¥6.976 billion, down 1.5% year on year, and operating income was ¥388 million, down 21.8%, due to declining demand for specialty steel.」
The disclosure continues to cite declining specialty steel demand and the resulting decreases in sales and operating income. - FY2017-Q1RestatedAnnual report
「In Other Businesses, sales were ¥3.358 billion, down 6.8% year on year, and operating income was ¥212 million, down 24.8%, due to declining demand for specialty steel.」
The decline in specialty steel demand and the resulting decreases in sales and operating income continued to be reported in the first quarter. - FY2016RestatedAnnual report
「In Other Businesses, sales were ¥13.948 billion, down 15.8% from the previous consolidated fiscal year, and operating income was ¥938 million, down 44.9%, due to declining demand for specialty steel.」
The disclosure continues to cite the decline in specialty steel demand and the resulting decreases in sales and operating income as full-year results. - FY2016-Q3RestatedAnnual report
「In Other Businesses, sales were ¥10.455 billion, down 17.4% year on year, and operating income was ¥698 million, down 48.5%, due to declining demand for specialty steel.」
The disclosure continues to cite declining specialty steel demand and the resulting decreases in sales and operating income. - FY2016-Q2MaterialisedAnnual report
「In Other Businesses, sales were ¥7.080 billion, down 18.5% year on year, and operating income was ¥496 million, down 48.5%, due to declining demand for specialty steel.」
The decline in specialty steel demand has been quantified as decreases in sales and operating income.