Decline in electronic component exports and industrial gas sales due to deteriorating market conditions
First written in FY2020-Q3. 4 of 7 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2026-H1.
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- FY2026-H1MitigatedAnnual report
「Profit from operating activities was ¥3.382 billion, up 7.5% year on year, and interim net income attributable to the Company's shareholders was ¥2.627 billion, up 10.9%. This was mainly due to strong performance in operations that appropriately captured market conditions and in the industrial gas sales business and other businesses, despite lower profit resulting from inventory impacts in the asphalt business accompanying the decline in market conditions.」
Sales of industrial gases and other businesses remained strong, and profit from operating activities and interim net profit in the Industrial Business segment exceeded the year-earlier period. - FY2022-Q3MitigatedAnnual report
「In the industrial gas sales business, sales volumes exceeded the previous year's level for all gas types as operating rates at customer factories and other facilities recovered.」
As operating rates at customer factories and other facilities recovered, sales volumes exceeded the previous year's level for all industrial gas types, marking a recovery from the previous decline in sales volumes. - FY2022-Q1Recovery and reversal in sales by gas typeAnnual report
「In the industrial gas sales business, nitrogen gas sales volumes fell below the level of the same period of the previous year due to a reversal from special demand in the cumulative first quarter of the previous fiscal year, while sales volumes of other gas types exceeded the previous year's level as operating rates at customer factories and other facilities recovered.」
Sales volumes of other gas types exceeded the previous year's level as operating rates at customer factories and other facilities recovered, while nitrogen gas sales volumes fell below the previous year's level due to a reversal from special demand in the previous year. - FY2021-Q3MaterialisedAnnual report
「In the industrial gas sales business, sales volumes fell below the level of the same period of the previous year due to lower sales of beverage-grade carbon dioxide, particularly to restaurants, lower sales of dry ice for food transportation, and lower operating rates at customer factories and other facilities.」
Lower demand for beverage-grade carbon dioxide and dry ice for food transportation, together with lower operating rates at customer factories and other facilities, continues to be reflected in a year-on-year decline in industrial gas sales volumes. - FY2021-Q2MaterialisedAnnual report
「In the industrial gas sales business, sales volumes fell below the level of the same period of the previous year due to lower demand for beverage-grade carbon dioxide, particularly from restaurants, and lower operating rates at customer factories and other facilities.」
Lower demand for beverage-grade carbon dioxide from restaurants and lower operating rates at customer factories and other facilities continue to be reflected in a year-on-year decline in industrial gas sales volumes. - FY2021-Q1MaterialisedAnnual report
「In the industrial gas sales business, sales volumes fell below the level of the same period of the previous year due to lower operating rates at customer factories and other facilities.」
Lower operating rates at factories and other facilities due to COVID-19 have materialized as a year-on-year decline in industrial gas sales volumes. - FY2020-Q3MaterialisedAnnual report
「In the industrial gas sales and cylinder inspection businesses, sales volumes fell below the level of the same period of the previous year due to a decline in hydrogen sales volumes accompanying lower exports of electronic components and a decline in carbon dioxide sales volumes reflecting market conditions.」
The decline in hydrogen sales volumes due to lower exports of electronic components and the decline in carbon dioxide sales volumes due to market conditions are described as having actually reduced sales volumes in the industrial gas-related businesses.