Declining domestic demand for cement and petroleum products
First written in FY2016. 16 of 27 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「Demand for ready-mixed concrete, cement and petroleum products, particularly the company's main products, continues to decline. If demand falls faster than expected in the future, this could affect the group's operating results.」
The company reiterates the risk of declining demand for ready-mixed concrete, cement and petroleum products as part of the broader risk associated with changes in the domestic economic environment. - FY2025-H1MaterialisedAnnual report
「Sales volumes of construction materials declined, but selling prices increased due to surging purchase prices.」
While lower sales volumes of construction materials, including cement, emerged as a factor affecting results during the interim consolidated accounting period, selling prices increased due to surging purchase prices. - FY2024-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 management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states in its overall assessment that there have been no major risk events or material changes concerning the risk of declining domestic demand for cement and petroleum products. - FY2024-Q2MaterialisedAnnual report
「Volumes of construction materials, including cement and ready-mixed concrete, declined, but selling prices increased due to higher purchase prices.」
Volumes of construction materials, including cement and ready-mixed concrete, continued to decline, while higher selling prices resulting from surging purchase prices were also cited as a factor affecting cumulative second-quarter results. - FY2024-Q1MaterialisedAnnual report
「Volumes of construction materials, including cement and ready-mixed concrete, declined, but selling prices increased due to higher purchase prices.」
While volumes of construction materials, including cement and ready-mixed concrete, actually declined in the first quarter, higher selling prices resulting from surging purchase prices contributed to higher revenue. - FY2023RestatedAnnual report
「Demand for cement and petroleum products, particularly the company's main products, continues to decline. If demand falls faster than expected in the future, this could affect the group's operating results.」
The company continues to describe the risk of declining demand for cement and petroleum products. - FY2022MaterialisedAnnual report
「On the other hand, there were negative effects from the application of the revenue recognition accounting standard and other standards from the beginning of the consolidated fiscal year, and from lower sales volumes in the Hokuriku region in the construction materials sales business, including ready-mixed concrete and cement, following the completion of demand related to Hokuriku Shinkansen construction.」
Lower sales volumes of construction materials following the completion of Hokuriku Shinkansen construction demand emerged as a negative factor affecting full-year results. - FY2022-Q3MaterialisedAnnual report
「On the other hand, there were negative effects from the application of the revenue recognition accounting standard and other standards from the beginning of the consolidated fiscal year, and from lower sales volumes in the Hokuriku region in the construction materials sales business, including ready-mixed concrete and cement, following the completion of demand related to Hokuriku Shinkansen construction.」
Lower sales volumes in the Hokuriku region of ready-mixed concrete, cement and other products following the completion of Hokuriku Shinkansen construction demand continued to have a negative impact on results during the cumulative third quarter. - FY2022-Q2MaterialisedAnnual report
「On the other hand, there were negative effects from the application of the revenue recognition accounting standard and other standards from the beginning of the consolidated fiscal year, and from lower sales volumes in the Hokuriku region in the construction materials sales business, including ready-mixed concrete and cement, following the completion of demand related to Hokuriku Shinkansen construction.」
Lower sales volumes of ready-mixed concrete, cement and other products following the completion of Hokuriku Shinkansen construction demand continued to have a negative impact on results in the second quarter. - FY2022-Q1MaterialisedAnnual report
「On the other hand, profit was negatively affected by several factors, including the fact that passing on higher costs was easier last year as petroleum product prices were falling, whereas it was more difficult this fiscal year as petroleum product prices were rising; the completion of demand related to Hokuriku Shinkansen construction; higher costs associated with converting the existing coaxial cable network in the cable television business to a fiber-optic network through FTTH (Fiber To The Home); and higher depreciation expenses in the wind power business due to the recognition of asset retirement obligations.」
The completion of demand related to Hokuriku Shinkansen construction emerged as a negative factor affecting profit. The company also describes the difficulty of passing on costs while petroleum product prices were rising. - FY2021-Q3MaterialisedAnnual report
「Revenue declined due to falling petroleum product prices, lower demand for gondolas, lower sales volumes of construction materials and the temporary suspension of the ODA trading business because of the voluntary suspension of overseas travel, among other factors.」
Falling petroleum product prices and lower sales volumes of construction materials emerged as factors behind the decline in revenue during the cumulative third quarter. - FY2021-Q2MaterialisedAnnual report
「Revenue was ¥185.036 billion, down 9.3% year on year. Although revenue increased due to the newly consolidated overseas subsidiaries, this was more than offset by falling petroleum product prices due to lower crude oil prices and lower sales volumes of construction materials.」
Falling petroleum product prices due to lower crude oil prices and lower sales volumes of construction materials emerged as factors behind the decline in revenue during the cumulative second quarter. - FY2021-Q1MaterialisedAnnual report
「The main factors behind the decline in revenue were falling petroleum product prices due to lower crude oil prices and lower sales volumes of construction materials.」
Falling petroleum product prices due to lower crude oil prices and lower sales volumes of construction materials emerged as factors behind the decline in revenue in the first quarter. - FY2020-Q3MaterialisedAnnual report
「Overall revenue declined due to falling petroleum product prices, lower sales volumes of construction materials and intense competition for orders in the ODA trading business, among other factors.」
Lower sales volumes of construction materials and falling petroleum product prices emerged as factors behind the decline in revenue during the cumulative third quarter. - FY2020-Q2MaterialisedAnnual report
「Operating profit declined due to lower sales volumes of construction materials, but overall profit increased because the car dealership business performed well and the number of service stations increased, among other factors.」
Lower sales volumes of construction materials emerged as a factor weighing on profit in the second quarter. - FY2020-Q1MaterialisedAnnual report
「Although revenue from the information systems-related business increased, overall revenue was flat due to lower sales volumes of construction materials and petroleum products.」
Lower sales volumes of construction materials and petroleum products emerged as factors behind stagnant revenue in the first quarter. - FY2019RestatedAnnual report
「Demand for cement and petroleum products, particularly the company's main products, continues to decline. If demand falls faster than expected in the future, this could affect the group's operating results.」
The company reiterates the continuing decline in demand for cement and petroleum products and the possibility of demand declining more than expected. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
The company states in its overall assessment that there have been no material changes concerning the risk of declining domestic demand for cement and petroleum products. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
The company states in its overall assessment that there have been no material changes concerning the risk of declining domestic demand for cement and petroleum products. - FY2018RestatedAnnual report
「Demand for cement and petroleum products, particularly the company's main products, continues to decline. If demand falls faster than expected in the future, this could affect the group's operating results.」
The company continues to describe the risk of ongoing declines in demand for cement and petroleum products and the possibility of demand declining even faster in the future. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
The company states in its overall assessment that there have been no material changes concerning the risk of declining domestic demand for cement and petroleum products. - FY2018-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
The company states in its overall assessment that there have been no material changes concerning the risk of declining domestic demand for cement and petroleum products. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
The company states in its overall assessment that there have been no material changes concerning the risk of declining domestic demand for cement and petroleum products. - FY2017-Q3MaterialisedAnnual report
「Domestic demand for cement, the company's main product, continued to decline, down 3.2% year on year from April to December 2016, according to the Cement Association, leaving conditions difficult.」
Domestic demand for cement declined 3.2% year on year, with difficult conditions continuing. - FY2017-Q2MaterialisedAnnual report
「Operating profit declined because profitability in the building materials and energy segments deteriorated due to lower sales volumes and higher purchase prices, and because retirement benefit expenses increased. Domestic demand for cement also continued to decline, falling 4.4% year on year from April to September 2016, according to the Cement Association, leaving conditions difficult.」
Deteriorating profitability in the building materials and energy segments due to lower sales volumes and higher purchase prices resulted in lower profit during the quarter, while domestic demand for cement continued to decline, down 4.4% year on year. - FY2017-Q1MaterialisedAnnual report
「Revenue declined due to lower sales volumes and falling crude oil prices, among other factors. Operating profit declined because profitability in the petroleum segment deteriorated due to lower sales volumes and higher purchase prices, and because retirement benefit expenses increased. Domestic demand for cement, one of the company's main products, also continued to decline year on year, leaving conditions difficult.」
Lower sales volumes, falling crude oil prices and higher purchase prices resulted in lower revenue and profit during the quarter, while domestic demand for cement continued to decline. - FY2016First statedAnnual report
「Domestic demand for cement, the division's main product, continued to decline, falling 4.1% year on year in volume terms in the fiscal year ended March 2015, due to delays in construction work caused by labor shortages and other factors. Domestic demand for the four oil products—gasoline, diesel fuel, kerosene and heavy fuel oil A—also continued to decline, by around 4% year on year in volume terms in the fiscal year ended March 2015, according to the Ministry of Economy, Trade and Industry.」
The company reports declining demand for cement and the main oil products, and expects volumes to continue falling in subsequent periods.