Growth Potential in Japan’s Carpet Tile Market and Demand for Recycled Materials
First written in FY2022-Q1. 1 of 4 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「However, if the supply of used carpet tiles, the raw material for recycled materials, is insufficient relative to demand for recycled materials, this may affect the business results of the Group.」
While identifying increased demand for recycled materials as a supporting factor, explicitly states the risk of insufficient procurement of used carpet tiles relative to demand. - FY2024RestatedAnnual report
「Although stable demand is expected in Japan's carpet tile market, the scope for further domestic growth is currently limited. Meanwhile, the proportion of products using recycled raw materials in the carpet tile market is trending upward, and we expect demand for recycled raw materials to continue increasing as market demand for environmentally friendly products grows.」
Continues to cite the risk of limited domestic growth potential and the supporting factors of rising demand for recycled raw materials and environmentally friendly products. - FY2023MitigatedAnnual report
「Meanwhile, the proportion of products using recycled raw materials in the carpet tile market is trending upward, and we expect demand for recycled raw materials to continue increasing as market demand for environmentally friendly products grows.」
Against the existing risk that domestic growth potential is limited, identifies the increasing proportion of products using recycled raw materials and rising demand for environmentally friendly products as supporting factors. - FY2022-Q1First statedAnnual report
「Although stable demand is expected in Japan's carpet tile market, the scope for further domestic growth is currently limited.」
States both the stability of the market and the limited scope for domestic growth, identifying the possibility that demand for recycled raw materials may fall below expectations as a risk.