Sales fluctuations stemming from weak demand for smartphones and electronic devices
First written in FY2017-Q1. 16 of 30 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-08-10.
The whole theme swung hardest in 2019: 10 of 16 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- 2026-08-10MitigatedEarnings
「Sales exceeded those in the same quarter of the previous year, owing to firm demand in the mobile, semiconductor-related and other markets.」
Firm demand in the mobile and other markets enabled sales in the high-performance materials business to exceed those in the same quarter of the previous year. - FY2026MitigatedAnnual report
「Revenue exceeded the level of the previous year against a backdrop of firm demand for products for the mobile market.」
Firm demand in the mobile market resulted in 8.7% revenue growth for coating products, mitigating the impact of weak demand for smartphones and electronic devices. - 2026-05-15MitigatedRevision of earnings forecasts
「Sales of products to the electronics industry remained firm, centered on the mobile and semiconductor-related markets, while sales of products for EV-related applications to the auto parts industry remained strong against a backdrop of increased HEV and BEV production.」
Firm demand for electronics products, particularly in the mobile market, has further reduced the risk of sales volatility caused by weak demand. - FY2026-H1MitigatedAnnual report
「Revenue exceeded the level of the previous year against a backdrop of recovering orders for products for the mobile market.」
Orders for products for the mobile market began to recover, partly mitigating the risk of sales volatility caused by weak demand. - FY2025-H1MitigatedAnnual report
「As the market began to recover, sales of light-blocking components overseas remained strong, resulting in 36.3% revenue growth for products used to manufacture electronic components for smartphones.」
As the smartphone market entered a recovery trend, strong overseas sales of light-blocking components resulted in 36.3% year-on-year revenue growth, mitigating the impact of weak demand. - FY2024-Q3MitigatedAnnual report
「Although sales of film surface-processing products and related products declined due to market stagnation, sales of light-blocking components in overseas markets remained firm, resulting in 0.8% revenue growth for products used to manufacture electronic components for smartphones.」
Although stagnation in the smartphone market and the decline in film surface-processing products and related products persisted, firm sales of light-blocking components in overseas markets resulted in 0.8% year-on-year revenue growth for coating products. - FY2024-Q2WorsenedAnnual report
「Although progress was made in developing new applications for light-blocking components, sales of film surface-processing products and related products declined due to market stagnation. As a result, products used to manufacture electronic components for smartphones generated a 1.5% decline in revenue, below the level of the same quarter of the previous year.」
Although the company continued developing new applications for light-blocking components, sales of film surface-processing products and related products declined due to stagnation in the smartphone market, resulting in a 1.5% decline in revenue. - FY2024-Q1MitigatedAnnual report
「Although the market remained stagnant, products used to manufacture electronic components for smartphones generated 2.6% revenue growth, exceeding the same quarter of the previous year, due to progress in developing new applications for light-blocking components.」
Although stagnation in the smartphone market continued, related products generated 2.6% year-on-year revenue growth due to the development of new applications for light-blocking components, partly mitigating the impact of weak demand. - FY2023-Q3WorsenedAnnual report
「Products used to manufacture electronic components for smartphones saw a 14.6% decline in revenue as the market stagnated due to weak demand in China.」
Weak demand and market stagnation in China resulted in a 14.6% year-on-year decline in revenue for smartphone coating products, indicating that demand volatility risk has materialized. - FY2023-Q2WorsenedAnnual report
「Coating Products Products used to manufacture electronic components for smartphones saw an 11.8% decline in revenue due to weak demand resulting from China's lockdowns and supply chain constraints.」
Due to weak demand resulting from China's lockdowns and supply chain constraints, smartphone coating products saw an 11.8% year-on-year decline in revenue. - FY2023-Q1WorsenedAnnual report
「Although sales of products used to manufacture electronic components for smartphones declined due to weak demand resulting from China's lockdowns, sales of light-blocking components for optical equipment exceeded the same quarter of the previous year, resulting in 1.8% revenue growth.」
Demand for smartphones weakened due to China's lockdowns, reducing related sales. Meanwhile, light-blocking components for optical equipment offset the decline, resulting in 1.8% revenue growth for coating products overall. - FY2022-Q3MitigatedAnnual report
「Sales of coating products for smartphones increased 7.8% despite fluctuations in overseas order trends, due in part to the acquisition of new customers.」
Although overseas orders remained volatile, smartphone coating products generated 7.8% revenue growth due to the acquisition of new customers and other factors, partly mitigating the impact of demand volatility. - FY2022-Q2MitigatedAnnual report
「Although overseas orders fluctuated amid changes in market conditions, sales of smartphone coating products increased 2.9% due to the recovery in sales of process adhesive films.」
Although overseas orders remained volatile, coating products generated 2.9% year-on-year revenue growth due to the recovery in sales of process adhesive films. - FY2022-Q1WorsenedAnnual report
「Sales of smartphone coating products declined 16.2% due to sluggish overseas orders amid changes in market conditions.」
Although demand for new smartphone models and other devices showed signs of recovery, sluggish overseas orders for coating products resulted in a 16.2% decline in revenue, indicating that demand volatility risk has partly re-emerged. - FY2021-Q3MitigatedAnnual report
「Sales of smartphone products remained firm for film surface-processing products as sales trends for new smartphone models and other devices began to recover and demand increased for devices equipped with multiple cameras. However, continued weak demand for products used to manufacture electronic components and materials resulted in an 11.2% decline in revenue.」
Some products recovered due to sales trends for new smartphone models and demand for multiple-camera devices, but weak demand for products used to manufacture electronic components and materials persisted, resulting in an 11.2% decline in revenue for coating products overall. - FY2021-Q2MitigatedAnnual report
「Sales of smartphone products increased for products used to manufacture light-blocking components for optical equipment and film surface-processing products, as sales trends for new smartphone models and other devices began to recover and demand increased for devices equipped with multiple cameras. However, sluggish demand for products used to manufacture electronic components and materials resulted in a 2.9% decline in revenue.」
Sales of some products increased due to the recovery in sales trends for new smartphone models and demand for multiple-camera devices, partly offsetting the impact of weak demand. Meanwhile, products used to manufacture electronic components and materials remained sluggish, resulting in a 2.9% decline in revenue for coating products overall. - FY2021-Q1MitigatedAnnual report
「Sales of smartphone coating products increased as sales trends for new smartphone models and other devices began to recover, while demand increased for devices equipped with multiple cameras. Sales of products used to manufacture light-blocking components for optical equipment, products used to manufacture electronic components and film surface-processing products all increased, resulting in 18.5% revenue growth.」
Smartphone-related demand recovered from the low level recorded in the same quarter of the previous year, and coating products generated 18.5% revenue growth. - FY2020-Q3MitigatedAnnual report
「Although signs of recovery began to emerge in the third quarter, order activity from existing major customers during the nine-month consolidated period declined sharply, particularly in the first half. As a result, sales of differentiated products, including related coating products, film surface-processing products and related high-performance film products, declined substantially.」
Smartphone-related demand declined substantially on a cumulative basis, but signs of recovery in the third quarter indicate some improvement from the deterioration through the previous quarter. - FY2020-Q2WorsenedAnnual report
「Sales of smartphone coating products declined substantially because sales of new smartphone models remained sluggish, resulting in a significant decrease in sales of products used to manufacture electronic components for those models and products used to manufacture light-blocking components for optical equipment. In addition, sales of film surface-processing products were weak for the same reason, resulting in a substantial 35.1% decline in revenue.」
Due to sluggish sales of new smartphone models, coating products for smartphones and related products saw a substantial 35.1% decline in revenue, and the impact of weak demand increased. - FY2020-Q1WorsenedAnnual report
「Sales of smartphone coating products declined significantly because sales of new smartphone models remained sluggish, leading to a substantial decrease in sales of products used to manufacture electronic components for those models. Sales of related film surface-processing products also declined. In addition, sales of products used to manufacture light-blocking components for optical equipment declined for the same reason, resulting in a substantial 47.2% decline in revenue.」
Due to sluggish sales of new smartphone models, coating products for smartphones and related products saw a 47.2% year-on-year decline in revenue, and the impact of weak demand increased. - FY2019-Q3WorsenedAnnual report
「In particular, the downturn in demand from industries related to smartphones was a major drag on overall performance.」
The downturn in smartphone-related demand was a major drag on overall performance, and coating products saw a 3.8% decline in revenue. The impact of weak demand has re-emerged. - FY2019-Q2RestatedAnnual report
「In sales of related products for the electronics industry, including smartphones, sales to existing major customers declined. However, sales of differentiated products, including related coating products, film surface-processing products and related high-performance film products, increased due to an expanded customer base resulting from broader end uses and the acquisition of new customers in optical equipment-related markets, supporting sales of coating products.」
Although the decline in sales to existing major customers persists, the company reconfirmed that the expansion of end uses, a broader customer base and the acquisition of new customers are supporting the decline in sales of differentiated products. - FY2019-Q1MitigatedAnnual report
「In sales of related products for the electronics industry, including smartphones, sales to existing major customers lacked momentum. However, sales of differentiated products, including coating products, film surface-processing products and related high-performance film products, increased due to an expanded customer base resulting from broader end uses and the acquisition of new customers in optical equipment-related markets.」
Although sales to existing major customers were sluggish, sales of differentiated products increased through the expansion of end uses, a broader customer base and the acquisition of new customers, partly offsetting the impact of weak demand. - FY2018-Q3WorsenedAnnual report
「Sales of coating products for manufacturing electronic components for smartphones, which had been performing well, slowed somewhat in the third quarter, but sales of other film surface-processing products and others drove sales, resulting in a 21.8% increase in revenue.」
Overall, smartphone coating products maintained revenue growth, but sales slowed somewhat in the third quarter, indicating that demand volatility risk has partly re-emerged. - FY2018-Q2MitigatedAnnual report
「Sales of related products for the smartphone and other electronic equipment industries performed well to major customers against a backdrop of strong demand in the related industries, and sales of proprietary differentiated products, particularly coating products, increased. Coating products for manufacturing electronic components for smartphones and other film surface-processing products led sales, resulting in a 25.5% increase in revenue.」
Compared with the previous period, when demand related to smartphones was sluggish, sales to major customers were strong against a backdrop of active demand, and coating products generated 25.5% revenue growth. - FY2018-Q1MitigatedAnnual report
「In sales of related products for the electronics industry, including smartphones, sales to major customers progressed steadily, with sales of proprietary differentiated products, particularly coating products, increasing.」
The company moved from the weak smartphone-related demand disclosed in the previous period to a situation in which sales to major customers performed steadily and sales of coating products increased. - FY2017RestatedAnnual report
「Sales of related products for the smartphone and other electronic equipment industries declined following a pullback from the strong demand of the previous fiscal year, and sales of coating products and electronic materials in particular fell substantially from the previous year.」
The company confirms that demand related to smartphones declined following a pullback from the strong demand of the previous fiscal year, resulting in a 21.3% decline in sales of coating products. - FY2017-Q3WorsenedAnnual report
「Meanwhile, the global growth trajectory of the smartphone-related industries, with which the company group has particularly close ties, began to show signs of weakening, while personal consumption in Japan also remained sluggish. As a result, the company group’s overall performance continued to face challenging conditions.」
The company states that, in addition to the existing weakness in demand in the smartphone-related industries, their global growth trajectory has begun to show signs of weakening, presenting demand volatility risk as a broader market-environment issue. - FY2017-Q2RestatedAnnual report
「Sales of related products for the smartphone and other electronic equipment industries declined substantially because the strong conditions in the related industries seen in the same quarter of the previous year subsided and remained weak in the current quarter. Sales of coating products for the manufacture of electronic components such as smartphones declined 31.1% year on year.」
The company reconfirms that demand for smartphones and other electronic equipment remains weak, with sales of coating products down 31.1% year on year. - FY2017-Q1First statedAnnual report
「Sales of related products for the smartphone and other electronic equipment industries declined substantially because demand, which had been strong in the same quarter of the previous year, remained weak in the current period. Sales of coating products for the manufacture of electronic components such as smartphones declined 31.8% year on year.」
The company newly identifies as a demand volatility risk the fact that demand for smartphones and other electronic equipment shifted from the strong level of the previous year to weakness, resulting in a 31.8% decline in sales of coating products.