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Seed (7743) · FactContinued revenue growth in care products

Contraction of the care products market due to the shift to disposable products

First written in FY2019-Q2. 5 of 17 entries say "Worsened", first in FY2021-Q1. Latest entry: FY2025.

17entries
8years
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How it moved
ProgressHeldSoftenedWorseOtherFY2019-Q2 – FY2020WorsenedFY2021-Q1 – FY2021-Q2OtherFY2024-Q2 – FY20252018: 12019: 320192020: 420202021: 120212022: 220222023: 320232024: 220242025: 12025
Same theme, other companies
Contraction of the care-products market driven by the shift to disposable contact lensesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025Continued revenue growth in care productsAnnual report

    「Care products increased 5.5% from the previous fiscal year due to the increase in care products related to orthokeratology lenses.」

    Despite structural factors causing contraction due to the shift toward disposable products, care products increased 5.5% from the previous fiscal year due to growth in orthokeratology-related care products.
  2. FY2025-H1Continued revenue growth in care productsAnnual report

    「Care products increased 2.8% year on year due to the increase in care products related to orthokeratology lenses.」

    Despite structural factors causing contraction due to the shift toward disposable products, care products increased 2.8% year on year due to growth in orthokeratology-related care products.
  3. FY2024-Q3Care products were broadly flatAnnual report

    「Although care products related to orthokeratology lenses increased, care products overall were broadly flat, rising 0.8% year on year due to the impact of the shift in contact lenses toward disposable products.」

    Although orthokeratology-related products increased, care products overall rose only 0.8% year on year due to the impact of the shift toward disposable products and were broadly flat.
  4. FY2024-Q2Care products revenue growth driven by orthokeratology-related productsAnnual report

    「Care products increased 4.5% year on year due to the increase in care products related to orthokeratology lenses.」

    Despite structural factors causing contraction due to the shift toward disposable products, care products sales increased 4.5% year on year due to growth in orthokeratology-related care products.
  5. FY2024-Q1WorsenedAnnual report

    「Although care products related to orthokeratology lenses increased, care products declined 2.3% year on year due to the impact of the shift in the contact lens market toward disposable products and other factors.」

    Although orthokeratology-related products increased, care products overall declined 2.3% year on year due to the impact of the shift toward disposable products.
  6. FY2023-Q3WorsenedAnnual report

    「Although care products related to orthokeratology lenses increased, care products overall posted a result below the same period of the previous year due to the impact of the shift toward disposable products and other factors.」

    Although orthokeratology-related care products increased, care products overall fell below the same period of the previous year due to the impact of the shift toward disposable products.
  7. FY2023-Q1Exceeded the previous year due to the launch of new care productsAnnual report

    「Care products posted a result above the same period of the previous year following the launch in June 2022 of Forest Leaf Uruoi W (Double), an MPS-type disinfectant for soft contact lenses that can be used with all soft contact lenses, and the implementation of promotional activities.」

    A new MPS-type disinfectant was launched in June 2022, and care products sales exceeded the same period of the previous year due to promotional activities.
  8. FY2022WorsenedAnnual report

    「Although care products related to orthokeratology lenses increased, care products overall posted a result below the same period of the previous year, affected by the decline in opportunities to use contact lenses.」

    Although orthokeratology-related products increased, care products overall fell below the previous year due to the decline in opportunities to use contact lenses.
  9. FY2022-Q1Care products sales exceeded the previous year due to the recovery in demandAnnual report

    「Care products also posted a result above the same period of the previous year as demand for contact lenses recovered, particularly for care products related to orthokeratology.」

    Care products sales exceeded the same period of the previous year, driven by the recovery in contact lens demand and the contribution from orthokeratology-related products.
  10. FY2021-Q2WorsenedAnnual report

    「Care products posted a result significantly below the same period of the previous year, affected by the decline in opportunities to use contact lenses.」

    The decline in opportunities to use contact lenses associated with the infectious disease also affected care products, which fell significantly below the same period of the previous year.
  11. FY2021-Q1WorsenedAnnual report

    「Care products also posted a result significantly below the same period of the previous year, affected by the decline in opportunities to use contact lenses.」

    The decline in opportunities to use contact lenses due to the infectious disease also affected care products, which fell significantly below the same period of the previous year.
  12. FY2020Care products below the previous year and the impact of discontinued productsAnnual report

    「Care products posted a result slightly below the previous fiscal year, partly due to the shift in the contact lens market toward daily disposable products and the discontinuation of sales of Seed Soft Care Pure, a care product for soft contact lenses.」

    In addition to the market contraction caused by the shift to daily disposable products, the discontinuation of sales of a specific care product contributed to care products sales falling below the previous fiscal year for the full year.
  13. FY2020-Q3Continued decline in care products sales from the same period of the previous yearAnnual report

    「Care products posted a result slightly below the same period of the previous year, partly due to the shift in the contact lens market toward daily disposable products.」

    Care products sales were slightly below the same period of the previous year, partly due to the shift to daily disposable products.
  14. FY2020-Q2Care products sales exceeded the previous year due to front-loaded demandAnnual report

    「Although the shift in the contact lens market toward daily disposable products had an impact, care products posted a result above the same period of the previous year due to front-loaded demand ahead of the consumption tax rate increase.」

    Although the market contracted due to the shift to daily disposable products, care products sales exceeded the same period of the previous year due to front-loaded demand before the consumption tax rate increase.
  15. FY2020-Q1RestatedAnnual report

    「Care products posted a result below the same period of the previous year, in line with the contraction of the care products market caused by the shift in the contact lens market toward daily disposable products.」

    The contraction of the care products market accompanying the shift to daily disposable products, and care products sales falling below the same period of the previous year, continue to be reported.
  16. FY2019-Q3RestatedAnnual report

    「Care products posted a result below the same period of the previous year, in line with the contraction of the care products market caused by the shift in the contact lens market toward disposable products.」

    The contraction of the care products market caused by the shift to disposable contact lenses, and care products sales falling below the same period of the previous year, continue to be reported.
  17. FY2019-Q2First statedAnnual report

    「Care products posted a result slightly below the same period of the previous year, in line with the contraction of the care products market caused by the shift in the contact lens market toward disposable products.」

    The contraction of the care products market accompanying the shift to disposable contact lenses, and the company's care products sales falling below the same period of the previous year, are recorded as an independent theme for the first time.
Moved together

"Growth in the Contact Lens Care Products Business" moved the same way as this thread, in the same document, in 3 of its 17 moves.

333333★123456
  1. ★This thread
  2. 1Growth in the Contact Lens Care Products Business3×
  3. 2Exposure to Overseas Political and Economic Conditions and Exchange-Rate Fluctuations3×
  4. 3Higher Revenue and Narrower Operating Loss in Other Businesses3×
  5. 4Risk of prolonged holding and deterioration of inventory3×
  6. 5Impairment Risk for Property, Plant and Equipment, Goodwill and Investment Securities3×
  7. 6Demand, Operating and Overseas Supply Risks Arising from the COVID-19 Pandemic3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Contraction of the care products market due to the shift to disposable products | SEED CO.,LTD. (7743) | Komori