Declining Demand for LPG among Commercial and Wholesale Customers
First written in FY2018-Q1. 9 of 17 entries say "Mitigated", first in FY2018-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2020: 3 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「For consumer LP gas, selling prices were below the previous period. Sales volumes exceeded the previous period as demand from some customers increased.」
For LP gas, where demand declines had been reported through the previous period, sales volumes exceeded the previous period due to increased demand from some customers. - FY2026-H1SoftenedAnnual report
「For consumer LP gas, selling prices remained firm. Sales volumes fell below the same period of the previous year as demand from some customers declined.」
LP gas sales volumes fell below the same period of the previous year, but the decline in demand was limited in scope, being identified as affecting “some customers” rather than commercial and household demand as a whole. - FY2024-Q3RestatedAnnual report
「Although new customer acquisitions progressed, sales volumes fell below the same period of the previous year as demand from commercial and household customers declined.」
Although new customer acquisitions have progressed, sales volumes have continued to be weighed down by declining commercial and household LP gas demand. - FY2024-Q2RestatedAnnual report
「Although new customer acquisitions progressed, sales volumes fell below the same period of the previous year as demand from commercial and household customers declined.」
Although new customer acquisitions have progressed, sales volumes have continued to be weighed down year on year by declining commercial and household LP gas demand. - FY2024-Q1WorsenedAnnual report
「Although new customer acquisitions progressed, sales volumes fell below the same period of the previous year as demand from commercial and household customers declined.」
The decline in commercial and household LP gas demand again appeared as a year-on-year decrease in sales volumes. Progress in acquiring new customers was insufficient to offset it. - FY2023-Q1MitigatedAnnual report
「For consumer LP gas, selling prices remained high because LP gas import prices increased from the same period of the previous year. Sales volumes remained firm as commercial demand recovered and new customer acquisitions increased.」
The recovery in commercial LP gas demand and the increase in new customer acquisitions mitigated the impact of the previous decline in commercial demand. - FY2022-Q2MitigatedAnnual report
「Sales volumes exceeded the same period of the previous year due to progress in acquiring new customers and the recovery in commercial demand.」
The acquisition of new customers and the recovery in commercial demand lifted LP gas sales volumes above the same period of the previous year, mitigating the impact of weaker commercial demand. - FY2022-Q1MitigatedAnnual report
「Sales volumes exceeded the year-earlier period due to growth in new customer acquisitions, as well as increased unit consumption by commercial customers and apartment buildings.」
Increased consumption per unit among commercial customers and residential apartments mitigated the impact of the previous decline in commercial demand on total LP gas volumes. - FY2021MitigatedAnnual report
「For consumer LP gas, selling prices remained weak compared with the previous period. Sales volumes exceeded the previous period due to the acquisition of new customers and increased demand from the main detached-house and residential-apartment segments resulting from stay-at-home demand.」
Despite weak commercial demand, LP gas sales volumes exceeded the previous period for the full year due to residential demand and new customer acquisitions. - FY2021-Q3MitigatedAnnual report
「Although commercial demand, particularly in the restaurant industry, declined due to the impact of COVID-19, sales volumes slightly exceeded the same period of the previous year as demand from the main detached-house and residential-apartment segments increased due to stay-at-home demand.」
Although the decline in commercial demand, particularly in the restaurant industry, has continued, overall LP gas sales volumes slightly exceeded the same period of the previous year due to stronger residential demand. - FY2021-Q2Re-emergenceAnnual report
「Sales volumes were slightly below the same period of the previous year. Demand from the main detached-house and residential-apartment segments increased due to stay-at-home demand amid the COVID-19 pandemic, but commercial demand, particularly from the restaurant industry, was extremely weak.」
Weakness, particularly in the restaurant industry, was again identified as a new factor behind the decline in commercial LP gas demand, which had previously been improving. - FY2019-Q3DroppedAnnual reportThe decline in LP gas sales volumes was attributed to higher average temperatures for household customers, with no direct reference to the previous weakness in demand from commercial and wholesale customers.
- FY2019-Q2MitigatedAnnual report
「For consumer LP gas, sales volumes increased as sales to commercial customers and residential apartments grew steadily.」
Sales volumes to commercial customers and residential apartments increased, further mitigating the risk of a decline in total LP gas volumes due to weaker demand. - FY2019-Q1MitigatedAnnual report
「For consumer LP gas, sales volumes increased as sales to commercial customers and residential apartments grew steadily.」
Sales volumes to commercial customers and residential apartments grew steadily, improving from the previous decline in total volumes caused by weaker LP gas demand. - FY2018-Q3MitigatedAnnual report
「For consumer LP gas, selling prices remained firm, while sales volumes edged up due to higher occupancy rates in residential apartments and increased consumption per unit.」
Higher occupancy rates in residential apartments and increased consumption per unit led to a slight increase in LP gas sales volumes, an improvement from the previous decline in total volumes caused by weaker demand from commercial and wholesale customers. - FY2018-Q2RestatedAnnual report
「Although sales volumes for the main residential-apartment segment increased steadily, total volumes declined due to weaker demand from commercial and wholesale customers.」
Although sales to residential apartments increased, total LP gas sales volumes have continued to decline due to weaker demand from commercial and wholesale customers. - FY2018-Q1First statedAnnual report
「Although sales volumes for the main residential-apartment segment increased steadily, total volumes declined due to weaker demand from commercial and wholesale customers.」
Sales to residential apartments increased, while weaker demand from commercial and wholesale customers resulted in a decline in total LP gas sales volumes.