Fluctuations in Demand for Interior Finishing Materials Driven by Housing-Market Policies, New Housing Starts and Specification Changes
First written in FY2017-Q2. 14 of 30 entries say "Worsened", first in FY2018-Q2. Latest entry: 2026-11-11.
Sankyo Kasei moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2023: 18 of 26 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Building-materials-related products performed steadily, but revenue declined as shipments of fixtures-related and housing-related products remained sluggish.」
Sluggish shipments of housing-related and fixtures-related products continued, resulting in lower revenue and profit in the Interior and Building Materials Business. - FY2025-H1Housing and office-related products remained firm, but fixtures-related products were sluggishAnnual report
「Housing-related and office-related products performed steadily, but revenue declined due to sluggish shipments of fixtures-related products.」
Housing-related and office-related products performed steadily, while sluggish shipments of fixtures-related products were a factor behind the decline in revenue in the Interior and Building Materials Business. - FY2024-Q3MitigatedAnnual report
「The recovery in demand for housing materials drove growth in fixtures, doors and kitchen-related products, while new adoptions of molding resins and other factors resulted in higher revenue.」
The recovery in demand for housing materials continued, and growth in fixtures, doors and kitchen-related products, along with new adoptions of molding resins, contributed to higher revenue. - FY2024-Q2MitigatedAnnual report
「The recovery in demand for housing materials from the COVID-19 pandemic drove growth in fixtures, doors and kitchen-related products, while new adoptions of molding resins also contributed to higher revenue.」
The recovery in demand for housing materials drove growth in major products, while new adoptions of molding resins also contributed to higher revenue. - FY2024-Q1MitigatedAnnual report
「The recovery in demand for housing materials from the COVID-19 pandemic contributed to growth in fixtures, doors and kitchen-related products, as well as new adoptions of molding resins, resulting in higher revenue.」
Demand for housing materials recovered from the COVID-19 pandemic, and growth in fixtures, doors and kitchen-related products, along with new adoptions of molding resins, contributed to higher revenue. - FY2023MitigatedAnnual report
「Difficulty procuring materials and rising prices gradually eased from the second half of the fiscal year. Meanwhile, demand emerged from the slump caused by the COVID-19 pandemic, and products across the board, including fixtures, doors, kitchen-related products and office-related products, grew.」
Difficulty procuring materials and rising prices gradually eased, demand for housing materials emerged from the slump caused by the COVID-19 pandemic, and major products broadly grew. - FY2023-Q2MitigatedAnnual report
「Although difficulty procuring materials and rising prices remained severe, conditions had eased somewhat recently. Demand recovered from the slump caused by the COVID-19 pandemic, and products across the board, including fixtures, doors, kitchen-related products and office-related products, broadly recovered.」
Although difficulty procuring materials and rising prices remained, conditions had eased somewhat recently, and demand for housing materials recovered from the slump caused by the COVID-19 pandemic. - FY2023-Q1MitigatedAnnual report
「Although the housing-materials business continued to face difficult conditions both in procuring materials and due to rising prices, demand recovered from the slump caused by the COVID-19 pandemic, and products across the board, including fixtures, doors, kitchen-related products and office-related products, showed a broad-based recovery.」
Although difficulties in procuring materials and rising prices remained, demand for housing materials recovered from the slump caused by the COVID-19 pandemic, and major existing and new products broadly recovered. - FY2022MitigatedAnnual report
「The housing-materials business recovered from the demand slump caused by the COVID-19 pandemic, with recovery in fixtures, resin products, doors and kitchen-related products. However, office-related products remained sluggish as working from home became established and work styles changed.」
Demand for housing materials and kitchen-related products recovered from the slump caused by the COVID-19 pandemic, while weakness in office-related products associated with the establishment of working from home remained. - FY2022-Q3MitigatedAnnual report
「The slump in the housing-materials business caused by the COVID-19 pandemic bottomed out, and sales increased for fixtures, resin products, doors and kitchen-related products. However, sales of office-related products remained sluggish as working from home became established and work styles changed.」
The slump in the housing-materials business caused by the COVID-19 pandemic bottomed out, and sales of major products increased. However, weakness in office-related products remained. - FY2022-Q1MitigatedAnnual report
「The housing-materials business recovered modestly from last year's slump during the COVID-19 pandemic as various events, including those at housing exhibition venues, resumed and web-based business meetings became more widespread. Sales increased for fixtures, resin products, doors and kitchen-related products, but demand for office-related products remained sluggish due to the prolonged shift to working from home and other factors.」
The resumption of events and wider adoption of web-based business meetings led to a modest recovery in housing materials from the previous year's slump, with sales increasing for some new and existing products. However, weakness in office-related products remained. - FY2021-Q3WorsenedAnnual report
「In addition to a decline in new housing starts, the company refrained from holding various events, including at housing exhibition venues, and restricted visitor numbers. As a result, sales declined significantly for fixtures, resin products, doors and kitchen-related products.」
In addition to the decline in housing starts, event cancellations and restrictions on visitor numbers resulted in significant sales declines for existing products and kitchen-related products. - FY2021-Q2WorsenedAnnual report
「In the building-materials field, growth in process chemicals for building-material boards and chemicals for foamed insulation systems was offset by declines in films, chemicals and paint-related chemicals used in interior decorative materials, wallpaper and other applications as housing starts decreased, resulting in a significant drop in revenue.」
The decline in housing starts materialized as lower sales of related products such as interior decorative materials and wallpaper, and a significant drop in revenue in the building-materials field. - FY2021-Q1WorsenedAnnual report
「As construction projects were suspended one after another, sales declined significantly not only for existing fixtures, resin products and doors, but also for new office and kitchen-related products.」
Repeated suspensions of housing and construction projects caused significant declines not only in existing interior and building materials, but also in new office and kitchen-related products that had previously served as a source of support. - FY2020WorsenedAnnual report
「Due to sluggish market conditions for detached and multi-family housing, sales of existing fixtures, resin products, doors and other products declined significantly. Although growth in kitchen products supplied from 2018 and new adoptions of storage furniture had a positive impact, this was not enough to offset the decline.」
Sales of existing interior and building materials continued to decline amid weak housing-market conditions, and growth in new products was insufficient to offset the decline, resulting in lower revenue and an operating loss in the Interior and Building Materials Business. - FY2020-Q2WorsenedAnnual report
「Although market conditions for detached and multi-family housing remained sluggish, sales of existing fixtures, resin products, doors and other products were weak, while new kitchen and office-related products performed well.」
Sluggish market conditions for detached and multi-family housing continued, resulting in weak sales of existing interior and building materials. New products provided support. - FY2020-Q1RestatedAnnual report
「As market conditions for new prefabricated homes remained sluggish, sales of existing fixtures, resin products, doors and other products remained weak. However, strong sales of new kitchen and office-related products led to increased production, offset the decline in existing products and resulted in higher revenue.」
Sluggish market conditions for new prefabricated homes and weak sales of existing products continued, while new products offset the decline and resulted in higher revenue in the Interior and Building Materials Business. - FY2019MitigatedAnnual report
「Although new prefabricated homes increased year on year for 3 consecutive months from December 2018, orders for multi-family housing remained sluggish. Sales of existing fixtures and resin products remained weak, while strong sales of new kitchen and office-related products led to increased production, offset the decline in existing products and resulted in higher revenue.」
The downward trend in new prefabricated homes improved, and new products offset the decline in existing products, resulting in higher revenue in the Interior and Building Materials Business. However, orders for multi-family housing and the sluggish performance of existing products remained. - FY2019-Q3WorsenedAnnual report
「Although new prefabricated homes temporarily turned to growth in August 2018 after declining year on year for 14 consecutive months, they subsequently remained below the prior-year month. As a result, sales of existing fixtures, resin products, doors and other products remained sluggish, while strong sales of new kitchen and office-related products led to increased production, offset the decline in existing products and resulted in higher revenue.」
New prefabricated homes remained below the prior-year month after a temporary increase, and sales of existing interior and building materials continued to be sluggish. The business as a whole generated higher revenue as new products provided support. - FY2019-Q2MitigatedAnnual report
「Although new prefabricated homes finally began to increase in August this year after declining year on year for 14 consecutive months, sales of fixtures, resin products, doors and other products remained sluggish. Meanwhile, kitchen and office-related products launched as new initiatives performed well, prompting increased production that offset the decline in existing products and resulted in higher revenue.」
New prefabricated homes turned to growth after declining for 14 consecutive months, and new products in the Interior and Building Materials Business offset the decline in existing products, resulting in higher revenue. However, sales of existing products remained sluggish. - FY2019-Q1WorsenedAnnual report
「Sales of fixtures, resin products, doors and other products remained sluggish, partly because the number of new prefabricated homes declined year on year for 12 consecutive months.」
The decline in new prefabricated homes continued for 12 consecutive months, amplifying the impact on the Interior and Building Materials Business through stagnant sales of interior and building materials, lower revenue and an operating loss. - FY2018WorsenedAnnual report
「Although new housing starts showed a slight downward trend, there were new adoptions of materials for detached homes and wooden fixtures and other products for non-residential applications. However, sales declined significantly due to specification changes in custom-built detached homes and a decline in storage materials for construction projects.」
The downward trend in housing starts, specification changes in custom-built homes and a decline in storage materials continued, with revenue in the Interior and Building Materials Business down 12.7% year on year and operating profit down 52.2%. - FY2018-Q3WorsenedAnnual report
「Although new housing starts showed a slight downward trend, there were new adoptions of materials for detached homes and wooden fixtures and other products for non-residential applications. However, sales declined significantly due to specification changes in custom-built detached homes and a decline in storage materials for construction projects. As a result, revenue in the Interior and Building Materials Business segment was ¥2,865 million, down 14.6% year on year, and operating profit was ¥32 million, down 71.2%.」
In addition to the downward trend in housing starts, continued specification changes in custom-built homes and a decline in storage materials for construction projects widened the decreases in revenue and profit in the Interior and Building Materials Business. - FY2018-Q2WorsenedAnnual report
「Although there were new adoptions of materials for detached homes and wooden fixtures and other products for non-residential applications as new housing starts remained firm, sales declined significantly due to specification changes in custom-built detached homes and a decline in storage materials for construction projects.」
In addition to specification changes in custom-built detached homes, a decline in storage materials for construction projects and other factors resulted in a significant drop in revenue. Revenue in the Interior and Building Materials Business decreased 14.4% year on year. - FY2018-Q1MaterialisedAnnual report
「Although new housing starts remained firm, there were new adoptions of materials for detached homes and increases in wooden fixtures and other products for non-residential applications. However, sales declined because related materials were affected by specification changes in custom-built detached homes.」
Although the standalone risk disclosure had disappeared from the full-year report, the first-quarter explanation of the Interior and Building Materials Business once again reported a decline in related materials resulting from specification changes in custom-built detached homes. - FY2017DroppedAnnual report
「There are no applicable matters.」
The FY2017 full-year report did not identify fluctuations in demand for interior and building materials resulting from consumption tax policy, ZEH subsidies or housing specification changes as standalone risks. However, it reported an increase in demand for housing materials in its business review. - FY2017-Q2First statedAnnual report
「As the housing market remained in a wait-and-see mode following the postponement of the consumption tax increase, demand for related housing materials declined due to the impact of waiting for approval of Zero Energy House (ZEH) subsidies and specification changes in custom-built detached homes.」
Consumption tax policy, approval of ZEH subsidies and specification changes in custom-built homes materialized as a decline in demand for related interior and building materials.