Expanding lubricant sales by leveraging a nationwide network of locations across China
First written in FY2016. 18 of 32 entries say "Restated". Latest entry: 2026-07-31.
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- FY2026-H1China lubricant business improves from weak performance by product category to strong performanceAnnual report
「• China lubricants business: Refrigeration oils and industrial machinery lubricants performed well」
Refrigeration oils had been described as weak through the previous fiscal year, but both refrigeration oils and industrial machinery lubricants were described as performing well during the current interim consolidated accounting period. - FY2025RestatedAnnual report
「In the China lubricants business, industrial machinery lubricants performed well, while refrigeration oils performed poorly.」
As in the previous interim period, industrial machinery lubricants have performed well while refrigeration oils have performed poorly, with conditions continuing to differ by product. - FY2025-H1Industrial machinery lubricants in the China lubricants business changed to strongAnnual report
「In the China lubricants business, industrial machinery lubricants performed well, while refrigeration oils performed poorly.」
Industrial machinery lubricants had been described as in line with the same period of the previous year through the previous quarter, but improved to strong during the current interim consolidated accounting period. Meanwhile, refrigeration oils have continued to perform poorly. - FY2024-Q3RestatedAnnual report
「In the China lubricants business, industrial machinery lubricants performed in line with the same period of the previous year, while refrigeration oils performed poorly.」
In the China lubricants business, industrial machinery lubricants have continued to perform in line with the same period of the previous year and refrigeration oils have continued to perform poorly, as in the previous quarter. - FY2024-Q2Industrial machinery lubricants changed from strong to in line with the same period of the previous yearAnnual report
「In the China lubricants business, industrial machinery lubricants performed in line with the same period of the previous year, while refrigeration oils performed poorly.」
Industrial machinery lubricants had been described as strong in the previous quarter, but weakened to the level of the same period of the previous year in the current quarter. Refrigeration oils have continued to perform poorly. - FY2024-Q1Partial recovery and partial weakness in the China lubricant businessAnnual report
「• In the China lubricants business, industrial machinery lubricants performed well, while refrigeration oils performed poorly.」
Refrigeration oils and genuine construction machinery oils had been described as weak through the previous fiscal year. Industrial machinery lubricants performed well, while refrigeration oils remained weak, with conditions varying by product. - FY2023RestatedAnnual report
「In the China lubricant business, both refrigeration oils and genuine oils for construction machinery performed weakly.」
As in the third quarter, the filing states that both refrigeration oils and genuine oils for construction machinery in the China lubricant business performed weakly. - FY2023-Q3WorsenedAnnual report
「In the China lubricant business, both refrigeration oils and genuine oils for construction machinery performed weakly.」
While refrigeration oils were at approximately the same level as the previous year and genuine oils for construction machinery were weak in the previous quarter, both products were weak in the current quarter. - FY2023-Q2RestatedAnnual report
「Demand for base oils and additives for domestic customers and for China increased, and they performed well. • In the China lubricant business, refrigeration oils were at approximately the same level as the previous year, while genuine oils for construction machinery performed weakly.」
Demand for base oils and additives for China increased, while the China lubricant business continued in the same situation, with refrigeration oils at approximately the same level as the previous year and genuine oils for construction machinery performing weakly. - FY2023-Q1RestatedAnnual report
「• In the China lubricant business, refrigeration oils were at approximately the same level as the previous year, while genuine oils for construction machinery performed weakly.」
The China lubricant business remained in the same situation as the previous quarter, with refrigeration oils at approximately the same level as the previous year and genuine oils for construction machinery performing weakly. - FY2022-Q3WorsenedAnnual report
「In the China lubricant business, refrigeration oils performed well, while genuine oils for construction machinery performed weakly.」
In the China lubricant business, strong performance by refrigeration oils continued, while genuine oils for construction machinery weakened from the previous quarter's level of approximately the same as the previous year to weak performance. - FY2022-Q2RestatedAnnual report
「Demand for additives for domestic customers and base oils and additives for China recovered and they performed well, while domestic lubricants remained firm. • In the China lubricant business, refrigeration oils performed well, while genuine oils for construction machinery were at approximately the same level as the previous year.」
While demand for base oils and additives for China continued to recover and refrigeration oils performed well, genuine oils for construction machinery were at approximately the same level as the previous year. - FY2022-Q1RestatedAnnual report
「Domestic lubricants performed weakly, but additives and base oils and additives for China performed well as demand recovered. In the China lubricant business, both refrigeration oils and genuine oils for construction machinery also performed well.」
Demand for base oils and additives for China recovered, and the China lubricant business continued to perform well, led by refrigeration oils and genuine oils for construction machinery. - FY2021-Q3China lubricant business improves from weak to firm performanceAnnual report
「In the petroleum products business, domestic lubricants and additives performed weakly, while base oils and additives for China remained firm. The China lubricant business remained firm, led by genuine oils for construction machinery.」
Through the previous quarter, the overall China lubricant business had been described as weak, but performance was described as firm, led by base oils and additives for China and genuine oils for construction machinery. - FY2021-Q1WorsenedAnnual report
「In the petroleum products business, domestic lubricants and additives performed weakly, while base oils and additives for China remained firm. The China lubricant business remained firm, led by genuine oils for construction machinery, although overall performance was weak.」
Base oils and additives for China and genuine oils for construction machinery performed firmly, while the China lubricant business as a whole remained weak. - FY2020-Q3RestatedAnnual report
「In the China lubricant business, refrigeration oils for new refrigerants were at approximately the same level as the previous year, but the business performed weakly due to sluggish demand for industrial machinery and other products.」
Refrigeration oils for new refrigerants were at approximately the same level as the previous year, while the China lubricant business continued to perform weakly due to sluggish demand for industrial machinery and other products. - FY2020-Q2WorsenedAnnual report
「In the petroleum products business, lubricants and additives were approximately at the same level as the previous year, while base oils performed weakly due to sluggish demand. The China lubricant business increased sales of refrigeration oils for new refrigerants used in the air-conditioning equipment industry, but performed weakly due to sluggish demand for industrial machinery and other products.」
Sales of refrigeration oils for new refrigerants increased, while the China lubricant business performed weakly due to sluggish demand for industrial machinery and other products. - FY2020-Q1AdvancedAnnual report
「The China lubricant business remained firm as sales of refrigeration oils for new refrigerants used in the air-conditioning equipment industry increased.」
The China lubricant business remained firm as sales of refrigeration oils for new refrigerants used in the air-conditioning equipment industry increased. - FY2019-Q3RestatedAnnual report
「The China lubricant business also performed well, with construction machinery and air-conditioning equipment industries among those showing strong performance.」
The China lubricant business remained firm for the second consecutive quarter, supported by strong performance in industries such as construction machinery and air-conditioning equipment. - FY2019-Q2RestatedAnnual report
「In the petroleum products business, lubricants and base oils were at approximately the same level as the previous year, while additives continued to perform well. The China lubricant business also performed well, supported by the recovery of major customer industries such as construction machinery and growth in the air-conditioning equipment industry.」
The China lubricant business performed well due to the recovery of major customer industries such as construction machinery and growth in the air-conditioning equipment industry. - FY2019-Q1AdvancedAnnual report
「In the petroleum products business, lubricants and base oils remained firm, while additives performed well due to the start of new transactions. The China lubricant business also performed well, supported by the recovery of major customer industries such as construction machinery and growth in the air-conditioning equipment industry.」
New transactions began for additives, while the China lubricant business performed well due to the recovery of major customer industries and growth in the air-conditioning equipment industry. - FY2018-Q3RestatedAnnual report
「Petroleum products performed weakly in both domestic and trade transactions, while domestic transactions in China performed well as major customer industries such as construction machinery, agricultural machinery and air-conditioning equipment recovered. As a result, revenue was ¥26.771 billion, up 11.4% year on year. Segment profit was ¥507 million, down 22.9%, due to intensified price competition and other factors.」
While major customer industries in China continued to recover and transactions increased, profit in the petroleum products business declined due to intensified price competition. - FY2018-Q2RestatedAnnual report
「Petroleum products performed weakly in both domestic and trade transactions. Domestic transactions in China remained firm as major customer industries such as construction machinery, agricultural machinery and air-conditioning equipment recovered. As a result, revenue was ¥15.912 billion, up 11.7% year on year. Segment profit was ¥307 million, down 9.4%, due to intensified price competition and other factors.」
While major customer industries in China continued to recover and transactions increased, profit in the petroleum products business declined due to intensified price competition. - FY2018-Q1RestatedAnnual report
「Petroleum products performed weakly in domestic transactions, but trade transactions were firm as exports to China recovered. Domestic transactions in China also remained firm as major customer industries such as construction machinery, agricultural machinery and air-conditioning equipment recovered.」
The recovery and firm performance of exports to China and domestic transactions in China continue to be reported. - FY2017AdvancedAnnual report
「Petroleum products performed weakly in domestic transactions, but trade transactions were firm as exports to China recovered. Domestic transactions in China also remained firm, with signs of recovery in major customer industries such as construction machinery, agricultural machinery and air-conditioning equipment. As a result, revenue was ¥36.35 billion, up 13.3% year on year. Segment profit was ¥964 million, up 37.4%.」
The recovery in exports to China and domestic transactions in China increased revenue and segment profit in the petroleum products business. - FY2017-Q3RestatedAnnual report
「Petroleum products performed weakly in domestic transactions, but trade transactions were firm as exports to China recovered. Domestic transactions in China also remained firm, with signs of recovery in some customer industries.」
Exports to China and domestic transactions in China are recovering and remain firm. The policy of expanding China-related transactions in petroleum products, including lubricants, continues. - FY2017-Q2RestatedAnnual report
「Domestic transactions in China increased, driven by expanded sales of refrigeration oils and other products, but were at approximately the same level as the previous year due to the impact of foreign exchange rates.」
Sales of refrigeration oils continue to expand, but domestic transactions in China were at approximately the same level as the previous year due to the impact of foreign exchange rates. - FY2017-Q1AdvancedAnnual report
「Domestic transactions in China increased, driven by expanded sales of refrigeration oils and other products, but were at approximately the same level as the previous year due to the impact of foreign exchange rates.」
The filing states that transactions in China increased due to expanded sales of refrigeration oils. - FY2016First statedAnnual report
「We will work to expand our lubricant business in China by using our nationwide network of locations to strengthen our logistics and sales structures, while maintaining and strengthening relationships with companies in China in which we have invested and that produce lubricant products.」
The network of locations, logistics and sales structures, and stronger relationships with investee companies are cited as the means of execution.