Decline in recycled plastic pallet sales volume due to lower demand in the distribution sector
First written in FY2024-Q1. 2 of 4 entries say "Mitigated", first in FY2024-Q2. Latest entry: FY2025-H1.
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- FY2025-H1MitigatedAnnual report
「Revenue increased because higher aluminum market prices raised the selling price of “aluminum pellets,” sales of “recycled plastic pallets” increased, and sponsorship income was recorded in “sports-based regional development.”」
The disclosure shifted from weaker distribution demand and lower sales volume to higher recycled plastic pallet unit sales. The reason for the recovery was not specified. - FY2024-Q3RestatedAnnual report
「In “recycled plastic pallets,” sales volume declined due to shrinking demand from the distribution industry, but sales and profit were broadly in line with the prior-year period because of higher selling prices and efforts to procure raw materials within the Group.」
Lower sales volume continued, but higher selling prices and intra-Group raw-material procurement kept sales and profit broadly unchanged year on year. - FY2024-Q2MitigatedAnnual report
「In “recycled plastic pallets,” results were broadly in line with the prior period.」
The decline in demand and sales volume reported in the preceding quarter shifted to broadly unchanged results during the cumulative quarter. - FY2024-Q1First statedAnnual report
「In “recycled plastic pallets,” sales volume declined due to lower demand from the distribution industry.」
Lower distribution-industry demand resulted in lower recycled plastic pallet sales volume.