Risk of a decline in the generation and procurement volumes of ferrous and non-ferrous scrap, etc.
First written in FY2022-Q3. 9 of 12 entries say "Materialised", first in FY2023-Q1. Latest entry: 2026-08-12.
Tre Holdings moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 9 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MaterialisedAnnual report
「The number of end-of-life vehicles generated nationwide continued to decline, partly due to increased exports resulting from the weaker yen, and our volume handled also declined.」
The continued nationwide decline in the number of end-of-life vehicles generated again materially reduced the volume handled by the resource recycling business in the current fiscal year. - FY2026-H1MaterialisedAnnual report
「The number of end-of-life vehicles generated declined nationwide against a backdrop of increased exports due to the weaker yen, resulting in a decline in our volume handled.」
The number of end-of-life vehicles generated declined as exports of used vehicles increased due to the weaker yen, materially reducing the volume handled by the resource recycling business. - FY2025MaterialisedAnnual report
「In the Spread business, which procures, processes, and sells ferrous and nonferrous scrap, the volumes of construction and demolition scrap and factory-generated scrap handled increased from the previous fiscal year. However, although new vehicle registrations edged up, the number of end-of-life vehicles generated declined nationwide, intensifying competition for procurement and reducing our volume handled.」
The decline in the number of end-of-life vehicles generated and intensifying procurement competition materially reduced the volume handled in the current fiscal year as well. - FY2025-H1MaterialisedAnnual report
「In the Spread business, which procures, processes, and sells ferrous and nonferrous scrap, the volume of factory-generated scrap handled increased from the previous interim fiscal year, but the volume of construction and demolition scrap declined. In addition, the volume of end-of-life vehicles generated in the market decreased, partly due to a decline in new vehicle registrations, resulting in a decline in our volume handled.」
The decline in the volumes of construction and demolition scrap and end-of-life vehicles generated in the market materially reduced the volume handled by the resource recycling business. - FY2024-Q3RestatedAnnual report
「In the Spread business, which procures, processes, and sells ferrous and nonferrous scrap, the number of end-of-life vehicles generated is recovering, but the volume of ferrous scrap generated in the market, including at demolition sites, remains sluggish, and the volume handled continues to decline.」
Although the number of end-of-life vehicles generated shows signs of recovery, the sluggish volume of ferrous scrap generated in the market and the decline in the volume handled continue. - FY2024-Q2MaterialisedAnnual report
「In the Spread business, which procures, processes, and sells ferrous and nonferrous scrap, the volume handled declined as the number of end-of-life vehicles generated and the volume of ferrous scrap generated at demolition sites and elsewhere decreased. However, according to an announcement by the Japan Automobile Recycling Promotion Center, the number of end-of-life vehicles collected began to increase year on year in August and September 2023, indicating a recent recovery trend.」
While the decline in the volumes of end-of-life vehicles and ferrous scrap generated continued to reduce the volume handled, the number of end-of-life vehicles collected began to increase year on year in August and September 2023. - FY2024-Q1MaterialisedAnnual report
「Although the number of end-of-life vehicles generated was recovering compared with the previous fourth quarter of the fiscal year, it remained sluggish. In addition, the volume of ferrous scrap generated in the market was also sluggish, resulting in a decline in the volume handled.」
The generation volumes of end-of-life vehicles and ferrous scrap remained sluggish, continuing to reduce the volume handled by the resource recycling business. - FY2023-Q2MaterialisedAnnual report
「The resource recycling business posted higher revenue but lower profit because the shortage of components such as semiconductors delayed the recovery in automobile production, reducing the generation of end-of-life vehicles and leaving incoming volumes sluggish; operations at the 藤沢事業所 of リバー(株) also remained restricted due to the rebuilding of the yard building, while depreciation and amortization expenses increased.」
The continued shortage of components and delayed recovery in automobile production kept the generation and incoming volumes of end-of-life vehicles sluggish, materially affecting the performance of the resource recycling business. - FY2023-Q1MaterialisedAnnual report
「The decrease in end-of-life vehicles resulting from lower automobile production due to component shortages led to a decrease in the volume handled」
The decrease in end-of-life vehicles accompanying lower automobile production, and the resulting decline in the volume handled by the resource recycling business, were specifically stated. - FY2022-Q3First statedAnnual report
「The ferrous scrap, nonferrous metals, and industrial waste used as raw materials in our Group's resource recycling business could decline substantially in volume due to factors including demolition of buildings and other structures, replacement of production-line machinery at manufacturing plants, and product purchasing and consumption trends among general consumers.」
The filing indicated that the volume of raw materials generated, which is affected by demolition, equipment replacement, and consumer trends, could affect earnings in the resource recycling business.