Deterioration in Industrial Fuel Margins Due to Intensifying Competition
First written in FY2019-Q1. 2 of 4 entries say "Restated". Latest entry: FY2020-Q1.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
- FY2020-Q1DroppedAnnual reportThe decline in operating profit in the energy-related business during the current quarter was attributed to upfront investment in acquiring new residential LP gas customers, with no direct mention of deteriorating margins on industrial fuels amid intensifying competition.
- FY2019-Q3RestatedAnnual report
「For industrial fuels, selling prices were high because crude oil prices had risen from the same period of the previous year. Sales volume, however, remained sluggish due to aggressive low-price competition from competitors.」
Sluggish sales volume for industrial fuels due to aggressive low-price competition from competitors continues to weigh on earnings in the energy-related business. - FY2019-Q2RestatedAnnual report
「Operating profit fell 34.7% year on year to ¥53 million, due to higher LP gas procurement prices in addition to deteriorating margins on industrial fuels amid intensifying competition.」
Deteriorating margins on industrial fuels amid intensifying competition have continued to be a factor behind the decline in profit in the energy-related business. - FY2019-Q1First statedAnnual report
「Operating profit fell 4.0% year on year to ¥85 million, due to higher LP gas procurement costs in addition to deteriorating margins on industrial fuels amid intensifying competition.」
Margins on industrial fuels actually deteriorated amid intensifying competition, becoming a factor behind the decline in profit in the energy-related business.