Sluggish Demand for Wiping Cloths Used in Precision Equipment
First written in FY2016-Q3. 10 of 26 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 9 of 16 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the apparel and various industrial materials business, sales and profit remained strong as sales of wiping cloths for precision equipment and other products recovered, despite the impact of higher costs from rising electricity charges and purchase prices.」
Although the impact of higher electricity charges and purchase prices remains, sales and profit remained strong as wiping-cloth sales recovered. - FY2025MitigatedAnnual report
「In the apparel and various industrial materials business, sales and profit remained strong as sales of wiping cloths for precision equipment and other products recovered, despite the impact of higher costs from rising electricity charges and purchase prices.」
Although higher electricity charges and purchase prices remain an issue, sales and profit remained strong as wiping-cloth sales recovered. - FY2024-Q2RestatedAnnual report
「At subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials, sales and profit remained strong as wiping-cloth sales recovered, despite the impact of higher costs due to rising electricity charges and purchase prices.」
The company has reconfirmed that sales and profit remain strong as wiping-cloth sales recover, despite continued increases in electricity charges and purchase prices. - FY2023-Q4MitigatedAnnual report
「At subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials, sales and profit progressed steadily against plan as sales of wiping cloths were recovering, despite the impact of higher costs due to rising electricity charges and purchase prices.」
Although higher electricity charges and purchase prices remain an issue, sales and profit progressed steadily against plan as wiping-cloth sales began to recover. - FY2023-Q2RestatedAnnual report
「Sales of wiping cloths struggled due to production adjustments affecting some precision equipment, while higher electricity charges increased costs, resulting in sales and profit falling below plan.」
The company continues to report that sales and profit in the wiping-cloth business fell below plan due to production adjustments in the precision equipment industry and higher electricity charges. - FY2023-Q1WorsenedAnnual report
「In the Industry Infrastructure Business, at subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials, sales and profit fell below plan as sales of wiping cloths struggled amid production adjustments affecting some precision equipment, while costs increased due to higher electricity charges.」
Sales of wiping cloths struggled due to production adjustments affecting some precision equipment, and higher electricity charges increased costs, causing sales and profit to fall below plan. - FY2022-Q2MitigatedAnnual report
「In the Industry Infrastructure Business, at subsidiary 未来コーセン株式会社, sales of its core wiping cloths remained steady as semiconductor market conditions recovered and orders for products used in precision equipment manufacturing were secured, resulting in sales and profit exceeding the year-earlier period.」
Sales and profit have improved from stagnant demand for wiping cloths to exceed the year-earlier period, driven by the recovery in semiconductor market conditions and secured orders for products used in precision equipment manufacturing. - FY2021MitigatedAnnual report
「In the Industry Infrastructure Business, at subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials, sales of its core wiping cloths recovered steadily on the recovery of overseas semiconductor market conditions and secured orders for products used in precision equipment manufacturing. Sales of contract products for apparel, including sportswear, and products for medical and hygiene materials also grew, resulting in sales and profit exceeding the year-earlier period.」
Sales and profit improved from stagnant demand for wiping cloths and other products to exceed the year-earlier period, driven by the recovery in semiconductor market conditions, secured orders, and growth in products for apparel and medical and hygiene materials. - FY2021-Q3RestatedAnnual report
「In the Industry Infrastructure Business, sales fell below the year-earlier period at subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials. Although demand for semiconductor-related products was recovering, inventory adjustments at customer companies continued, and contract products for apparel and products for pharmaceutical-related applications remained weak due to the impact of COVID-19. Operating profit, however, exceeded the year-earlier period as a result of reductions in selling, general and administrative expenses.」
Although demand for semiconductor-related products was recovering, sales fell below the year-earlier period due to inventory adjustments at customers and weakness in products for apparel and pharmaceutical-related applications, while operating profit exceeded the year-earlier period due to reductions in selling, general and administrative expenses. - FY2021-Q2Shift from lower sales and lower profit to lower sales and higher profitAnnual report
「In the Industry Infrastructure Business, sales fell below the year-earlier period at subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials. Although demand for semiconductor-related products was recovering, inventory adjustments at customer companies continued, and contract products for apparel and products for pharmaceutical-related applications remained weak due to the impact of COVID-19. Operating profit, however, exceeded the year-earlier period as a result of reductions in manufacturing expenses.」
Although sales fell below the year-earlier period amid recovering demand for semiconductor-related products, operating profit exceeded the year-earlier period due to reductions in manufacturing expenses. - FY2021-Q1RestatedAnnual report
「In the Industry Infrastructure Business, sales and profit fell below the year-earlier period at subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials. Although demand for semiconductor-related products was recovering, inventory adjustments at customer companies for which the subsidiary manufactures products continued, while contract products for apparel and products for pharmaceutical-related applications remained weak due to the impact of COVID-19.」
Although demand for semiconductor-related products was recovering, sales and profit continued to fall below the year-earlier period due to inventory adjustments at customers and weakness in products for apparel and pharmaceutical-related applications. - FY2020WorsenedAnnual report
「In the Industry Infrastructure Business, sales and profit fell below the year-earlier period at subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials. Although demand for semiconductor-related products was recovering, sales did not grow in the first half, while contract products for apparel and products for pharmaceutical-related applications remained weak due to the impact of COVID-19.」
Although demand for semiconductor-related products was recovering, first-half sales did not grow, and products for pharmaceutical-related applications, as well as contract products for apparel, remained weak, causing sales and profit to fall below the year-earlier period. - FY2020-Q3Recovery in semiconductor demand alongside continued weakness in contract apparel productsAnnual report
「In the Industry Infrastructure Business, sales and profit fell below the year-earlier period at subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials. Although demand for semiconductor-related products was recovering, sales did not grow in the first half, and contract products for apparel remained weak due to the impact of COVID-19.」
Although demand for semiconductor-related products was recovering, first-half sales did not grow, and contract products for apparel also remained weak due to the impact of COVID-19, causing sales and profit to fall below the year-earlier period. - FY2020-Q2WorsenedAnnual report
「In the Industry Infrastructure Business, sales and profit fell below the year-earlier period at subsidiary 未来コーセン株式会社, which manufactures, processes and sells wiping cloths for precision equipment manufacturing and circular-knit products for apparel and various industrial materials, due to sluggish sales of its own products and weak contract products for apparel.」
Sales of the company's own products, previously considered strong, also struggled, and together with weak contract products for apparel, caused sales and profit to fall below the year-earlier period. - FY2019-Q3Shift to Lower Revenue and ProfitAnnual report
「At subsidiary 未来コーセン株式会社, in-house sales of the core wiping-cloth products for manufacturing precision equipment were strong, but sales fell below the year-earlier period because of timing shifts in part of the contract manufacturing business and sluggish contract products for apparel. Operating profit also fell below the year-earlier period due to higher electricity costs and increased depreciation expense.」
Although in-house sales were strong, sales declined due to the timing shift in contract manufacturing and sluggish contract products for apparel, while higher electricity costs and increased depreciation expense also caused profit to decline. - FY2019-Q2Continued revenue growth and profit declineAnnual report
「At subsidiary 未来コーセン株式会社, contract products for apparel struggled and the pass-through of some manufacturing cost increases was delayed, but in-house sales in the wiping-cloth business for manufacturing precision equipment remained strong, and the contract manufacturing business also remained firm, resulting in sales exceeding the year-earlier period. However, operating profit fell below the year-earlier period due to higher electricity and freight costs, as well as increased depreciation expense from the installation of additional false-twist machines and construction of a new factory building at the company's Kanazawa plant.」
Although sales increased through in-house sales of wiping cloths and contract manufacturing, operating profit fell below the year-earlier period due to higher electricity and freight costs, delays in passing through cost increases, and higher depreciation expense associated with the expansion of production equipment. - FY2019-Q1Shift to Higher Revenue but Lower ProfitAnnual report
「At subsidiary 未来コーセン株式会社, although the pass-through of some manufacturing cost increases was delayed, in-house sales of high-performance wiping cloths such as DTM50 remained strong amid increased demand for semiconductor manufacturing equipment, and the contract manufacturing business also remained firm, resulting in sales exceeding the year-earlier period.」
Although sales increased on strong sales of products such as DTM50 and contract manufacturing, segment profit fell below the year-earlier period due to delays in passing through manufacturing cost increases. - FY2018-Q3MitigatedAnnual report
「At subsidiary 未来コーセン株式会社, although the pass-through of some raw material cost increases was delayed, in-house sales of high-performance wiping cloths such as DTM50 remained strong amid increased demand for semiconductor manufacturing equipment. The contract manufacturing business also remained firm, and cost reductions from operational improvements proved effective, resulting in sales and profit exceeding the year-earlier period.」
Sales and profit have continued to exceed the year-earlier period, improving from the previous demand stagnation, driven by increased demand for semiconductor manufacturing equipment, in-house sales of products such as DTM50, contract manufacturing and cost reductions from operational improvements. - FY2018-Q2RestatedAnnual report
「At subsidiary 未来コーセン株式会社, although the pass-through of some raw material cost increases was delayed, in-house sales of high-performance wiping cloths such as DTM50 remained strong in the wiping-cloth business for manufacturing precision equipment, including hard disks and copiers, and the contract manufacturing business also contributed, resulting in sales and profit exceeding the year-earlier period.」
The company continues to report an improving trend in the wiping-cloth business for precision equipment, driven by strong in-house sales of products such as DTM50 and contributions from contract manufacturing. - FY2018-Q1RestatedAnnual report
「In the wiping-cloth business for manufacturing precision equipment, including hard disks and copiers, in-house sales of high-performance wiping cloths such as DTM50 were strong, and the contract manufacturing business also contributed, resulting in sales exceeding the year-earlier period.」
The company continues to report an improving trend in demand for wiping cloths for precision equipment, driven by strong in-house sales of products such as DTM50 and contributions from contract manufacturing. - FY2017RestatedAnnual report
「In the clean-wiper business for manufacturing precision equipment, including hard disks and copiers, in-house sales of high-performance wiping cloths such as DTM50 were strong, and the contract manufacturing business also contributed, resulting in sales and profit exceeding the year-earlier period.」
The company has reconfirmed the full-year improving trend driven by strong in-house sales of products such as DTM50 and contributions from contract manufacturing. - FY2017-Q3RestatedAnnual report
「At subsidiary 未来コーセン株式会社, sales of polyester processed yarn struggled, but in the clean-wiper business for manufacturing precision equipment, including hard disks and copiers, sales of the high-performance DTM50 wiping cloth were strong and the contract manufacturing business also contributed, resulting in sales and profit exceeding the year-earlier period.」
The company continues to report an improving trend in the wiping-cloth business for precision equipment, driven by strong DTM50 sales and contributions from contract manufacturing. - FY2017-Q2RestatedAnnual report
「In the clean-wiper business for manufacturing precision equipment, including hard disks and copiers, sales of the high-performance DTM50 wiping cloth were strong, and the contract manufacturing business also contributed, resulting in sales and profit exceeding the year-earlier period.」
The company continues to report an improving trend in the wiping-cloth business for precision equipment, driven by strong DTM50 sales and contributions from contract manufacturing. - FY2017-Q1MitigatedAnnual report
「In the clean-wiper business for manufacturing precision equipment, including hard disks and copiers, sales of the high-performance DTM50 wiping cloth were strong, and the contract manufacturing business also contributed, resulting in sales and profit exceeding the year-earlier period.」
Sales and profit improved from the previous demand stagnation to exceed the year-earlier period, driven by strong DTM50 sales and contributions from contract manufacturing in the wiping-cloth business for precision equipment. - FY2016RestatedAnnual report
「At subsidiary テクノス株式会社, demand for wiping cloths used to manufacture precision equipment, including hard disks and copiers, the company's core products, struggled amid price competition from lower-priced products, resulting in sales and profit falling below the previous consolidated fiscal year.」
The company has reconfirmed that stagnant demand for wiping cloths for precision equipment and competition from lower-priced products caused sales and profit to fall below the previous fiscal year. - FY2016-Q3MaterialisedAnnual report
「Business conditions remained challenging as demand for wiping cloths used to manufacture precision equipment, including hard disks and copiers, the core products of subsidiary テクノス株式会社, struggled.」
Stagnant demand for products used in precision equipment manufacturing is described as the actual business environment.