Declining demand and order competition resulting from deregulation and larger LPG cylinders
First written in FY2016. 17 of 32 entries say "Mitigated", first in FY2019. Latest entry: 2026-09-14.
No other company in this theme has enough history to compare yet.
- 2026-09-14MitigatedRevision to earnings forecasts
「Sales increased in the LPG cylinder valve segment, a core product segment of the Group, as demand for reinspection rose while price revisions were implemented in response to higher material prices.」
The company stated that sales in the LPG cylinder valve segment increased as reinspection demand rose and price revisions were implemented, indicating the status of its response to the risk of declining demand. - FY2026-H1MitigatedAnnual report
「Against this backdrop, revenue in the LPG container valve segment, the group's core product business, increased year on year as demand for re-inspections rose while the company implemented price revisions in response to higher material prices.」
Amid continuing risks of declining demand and order competition, revenue in the LPG container valve segment increased year on year as a result of price revisions to reflect higher material prices and increased demand for re-inspections. - FY2025MitigatedAnnual report
「Revenue in the LPG cylinder valve segment increased year on year due to the penetration of product price increases, steady reinspection demand, and higher bulk-use demand.」
The medium- to long-term risks of declining demand and intensifying competition remain, but revenue in the LPG cylinder valve segment increased due to reinspection demand, bulk-use demand, and the penetration of price increases. - FY2025-H1MitigatedAnnual report
「Revenue in the LPG cylinder valve segment, one of the Group's main products, increased year on year as demand for reinspection increased while product prices were raised in response to soaring material prices.」
Despite the ongoing medium- to long-term risk of declining demand due to deregulation and the upsizing of LPG cylinders, revenue in the LPG cylinder valve segment increased 13.2% year on year due to higher reinspection demand and product price increases. - FY2024MitigatedAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, one of the Group's main products, increased year on year due to the recovery in demand for new cylinders and reinspection, the penetration of product price increases, and a special increase in automotive demand.」
Despite the medium- to long-term risks of declining demand and intensifying competition for LPG cylinder valves, revenue in the segment increased due to the recovery in demand for new cylinders and reinspection, special automotive demand, and the penetration of price increases. - FY2024-Q1MitigatedAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, one of the Group's main products, increased year on year, supported by the recovery in demand for new cylinders and reinspection, as well as the penetration of product price increases.」
Despite the ongoing risk of declining demand for LPG cylinder valves, revenue in the segment increased year on year due to the recovery in demand for new cylinders and reinspection and the penetration of product price increases. - FY2023RestatedAnnual report
「Despite sluggish demand for household cylinder valves, revenue increased year on year, partly due to higher automotive and bulk-use demand and the penetration of product price increases.」
While demand for household cylinder valves remained sluggish, full-year revenue in the LPG cylinder valve segment increased due to higher automotive and bulk-use demand and the penetration of product price increases. - FY2023-Q3Sluggish household demand coexisted with increased automotive and bulk-use demandAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, one of the Group's main products, increased year on year, despite sluggish demand for household cylinder valves, owing in part to higher automotive and bulk-use demand and the penetration of product price increases.」
While demand for household cylinder valves remained sluggish, revenue in the LPG cylinder valve segment increased year on year due to higher automotive and bulk-use demand and the penetration of product price increases. - FY2023-Q2MitigatedAnnual report
「Revenue in the LPG cylinder valve segment increased year on year due to higher demand for automotive valves and bulk-use valves, as well as the successful implementation of product price revisions in response to various cost increases.」
Despite the ongoing risks of declining demand and competition for orders, revenue in the LPG cylinder valve segment increased year on year due to higher demand for automotive and bulk-use valves and the penetration of product price revisions. - FY2023-Q1RestatedAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, one of the Group's main products, increased year on year due to the penetration of product price increases in response to various cost increases and the acquisition of new customers.」
Despite the ongoing risks of declining demand and competition for orders, revenue in the LPG cylinder valve segment increased year on year due to the penetration of product price increases and the acquisition of new customers. - FY2022MitigatedAnnual report
「Revenue in the LPG cylinder valve segment increased year on year, driven by price increases for products in response to various cost increases, including soaring brass prices for the main material, as well as the acquisition of new customers.」
The medium- to long-term risks of declining demand and intensifying competition remain, but revenue in the LPG cylinder valve segment increased 22.6% year on year due to product price increases and the acquisition of new customers. - FY2022-Q3MitigatedAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, a core product segment of the Group, increased year on year, reflecting the acquisition of new customers for household-cylinder valves and the effect of price increases implemented in response to various cost increases, including soaring brass material costs.」
Despite the ongoing risk of declining demand due to deregulation and the upsizing of LPG cylinders, revenue in the LPG cylinder valve segment increased year on year, supported by the acquisition of new customers for household cylinder valves and the effects of price increases. - FY2022-Q2MitigatedAnnual report
「Revenue increased year on year, partly due to rush orders ahead of price increases necessitated by a substantial rise in the cost of household cylinder valves, as well as the acquisition of some new customers.」
Despite the ongoing risk of declining demand for LPG cylinder valves, revenue increased due to rush orders placed before price increases necessitated by higher costs, as well as the acquisition of new customers. - FY2022-Q1MitigatedAnnual report
「Revenue in the LPG cylinder valve segment, one of the Group's main product businesses, increased year on year, mainly because customers understood the price increases implemented in response to soaring brass prices in the second half of the previous fiscal year.」
Despite the ongoing risk of declining demand due to deregulation and the upsizing of LPG cylinders, revenue in the LPG cylinder valve segment increased 14.4% year on year, supported by the penetration of price increases and other factors. - FY2021MitigatedAnnual report
「Revenue in the LPG cylinder valve segment increased year on year, despite the impact of the COVID-19 pandemic on automotive products, mainly because customers understood the price increases implemented in the second half in response to soaring brass prices, a key raw material.」
Despite the ongoing risks of declining medium- to long-term demand and intensifying competition, revenue in the LPG cylinder valve segment increased year on year, supported by the penetration of price increases and other factors. - FY2021-Q3MitigatedAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, a core product segment of the Group, increased year on year, partly because of rush orders placed ahead of product price increases resulting from soaring prices for brass, a key raw material.」
Revenue in the LPG cylinder valve segment increased year on year, and the impact of the declining-demand risk was less apparent in the quarter's sales. However, rush orders placed ahead of product price increases were cited as a factor behind the increase in revenue. - FY2021-Q2MitigatedAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, a core product segment of the Group, remained firm with little impact from the COVID-19 pandemic and increased year on year.」
The LPG cylinder valve segment was relatively unaffected by the COVID-19 pandemic and reported higher year-on-year revenue. The impact of declining demand previously seen in some products eased across the core segment as a whole during the quarter. - FY2021-Q1MaterialisedAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, a core product segment of the Group, declined year on year because areas other than household-cylinder valves continued to be affected by the COVID-19 pandemic.」
In the LPG cylinder valve segment, the impact of the COVID-19 pandemic continued in areas other than household-cylinder valves and was reflected in actual performance as a year-on-year decline in revenue. - FY2020MaterialisedAnnual report
「Products other than household-cylinder valves were affected to some extent and reported lower revenue.」
The risk of declining demand for LPG cylinder valves and other products has materialised in full-year performance as lower revenue from products other than household-cylinder valves. - FY2020-Q3MaterialisedAnnual report
「Against this backdrop, although the LPG cylinder valve segment, a core product segment of the Group, comprises product lines relatively unaffected by the COVID-19 pandemic, revenue from transport-related valves declined year on year as a result of the pandemic.」
The company explained that although the LPG cylinder valve segment as a whole was relatively unaffected by the COVID-19 pandemic, transport-related valves actually experienced a year-on-year decline in revenue due to the pandemic. - FY2020-Q2MitigatedAnnual report
「Against this backdrop, revenue from the LPG cylinder valve segment, a core product segment of the Group, increased year on year during the period, as household LPG consumption rose amid a stay-at-home trend during the COVID-19 pandemic and LPG cylinder valves performed steadily.」
Although the risk of declining demand due to deregulation and larger LPG cylinders remains, revenue in the LPG cylinder valve segment increased year on year, supported by higher household LPG consumption resulting from the stay-at-home trend. - FY2020-Q1MitigatedAnnual report
「Against this backdrop, revenue in the LPG cylinder valve segment, a core product segment of the Group, increased year on year and remained firm, as the segment is primarily focused on domestic household energy applications.」
Although the risk of declining demand due to deregulation and larger LPG cylinders remains, revenue in the LPG cylinder valve segment, which primarily serves domestic household energy applications, increased year on year. - FY2019MitigatedAnnual report
「Against this backdrop, the LPG cylinder valve segment, a core product segment of the Group, reported higher revenue as unit sales increased, while」
The risk of declining demand due to deregulation and larger LPG cylinders remains a risk item, but revenue in the LPG cylinder valve segment increased in the current fiscal year as unit sales rose, indicating an improvement from the decline seen through the previous year. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes have been identified with respect to the risks of declining demand and order competition associated with deregulation and larger LPG cylinders. - FY2018MaterialisedAnnual report
「Revenue from the LPG cylinder valve segment was ¥3.148 billion, down 4.4% from the previous fiscal year.」
The decline in demand associated with deregulation and larger LPG cylinders has materialised in actual performance as a 4.4% full-year decline in revenue in the LPG cylinder valve segment. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the LPG cylinder valve segment, a core product segment of the Group, fell below the previous year's level, mainly because unit sales declined as a result of lower demand for household-cylinder valves, its core product, but」
Declining demand and unit sales for LPG cylinder valves have continued, and the risk of declining demand associated with deregulation and larger LPG cylinders continues to be reflected in business performance. - FY2018-Q2RestatedAnnual report
「The number of units sold in the LPG cylinder valve segment, a core product segment of the Group, declined, but」
The decline in unit sales in the LPG cylinder valve segment has continued, and the risk of declining demand associated with deregulation and larger LPG cylinders continues to be reflected in actual business performance. - FY2018-Q1MaterialisedAnnual report
「Against this backdrop, the LPG cylinder valve segment, a core product segment of the Group, experienced a substantial decline in demand that exceeded forecasts, while the piping valve segment also saw a slight decline in sales. Meanwhile, the high-pressure gas valves and gas-related equipment segment remained strong, and selling prices for brass turnings, which were linked to the purchase price of brass, also remained high. Revenue declined by ¥53 million, or 2.5%, year on year, to ¥2.117 billion.」
The risk of declining demand associated with deregulation and larger LPG cylinders has materialised as an actual decline in sales, with the LPG cylinder valve segment experiencing a substantial decline in demand that exceeded forecasts. - FY2017RestatedAnnual report
「In the industries related to the Group's business, particularly the valve business, overall demand is on a declining trend due to the effects of deregulation and larger LPG cylinders. If order competition intensifies as a result of changes in the supply-demand balance, this may affect the Group's business performance.」
The risk of declining demand and intensifying order competition due to deregulation and larger LPG cylinders continues to be explicitly identified as a full-year business risk. - FY2017-Q3RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes have been identified with respect to the risks of declining demand and order competition associated with deregulation and larger LPG cylinders. - FY2017-Q2RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes have been identified with respect to the risks of declining demand and order competition associated with deregulation and larger LPG cylinders. - FY2016First statedAnnual report
「In the industries related to the company's business, particularly the valve business, overall demand is on a declining trend due to the effects of deregulation and larger LPG cylinders. If order competition intensifies as a result of an imbalance between supply and demand, this may affect the company's business performance.」
For the first time, the company explicitly identified the overall declining trend in demand in the valve industry and the potential intensification of order competition as business risks.