Profit pressure from lower sales of consumer products and fuel additives
First written in FY2019-Q3. 6 of 22 entries say "Mitigated", first in FY2020-Q3. Latest entry: FY2026.
Ichinen Holdings moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 13 of 23 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In terms of earnings, profit increased due to the impact of higher sales from the factors described above, as well as earnings-improvement measures including flexible price revisions in response to higher raw material and other prices. As a result, sales were ¥12,082 million, up 1.9% from the previous fiscal year, and segment profit was ¥1,061 million, up 25.2%.」
Although sales of products for general consumers remained lower, profit in the chemicals business increased 25.2% from the previous fiscal year due to higher sales of other products and price revisions and other measures. - 2026-05-01MitigatedEarnings
「In terms of profit and loss, profit increased not only because of higher sales resulting from the factors described above, but also because of profitability-improvement measures such as flexible price revisions in response to higher raw-material prices and other costs.」
Although sales of products for general consumers remained lower, higher sales of other products and flexible price revisions increased profit in the Chemicals business. - FY2026-H1MitigatedAnnual report
「In terms of sales, sales of chemical products for automotive repair shops in the chemicals business, fuel additives in the industrial chemicals business and marine fuel additives performed steadily. In contrast, sales of chemical products for general consumers declined. In terms of earnings, profit increased due to the impact of higher sales from the factors described above, as well as earnings-improvement measures including flexible price revisions in response to higher raw material and other prices. As a result, sales were ¥5,864 million, up 2.6% year on year, and segment profit was ¥605 million, up 59.5%.」
Although sales of products for general consumers remained lower, segment profit increased 59.5% year on year due to higher sales of other products and flexible price revisions and other measures. - FY2025-H1WorsenedAnnual report
「In terms of sales, sales of chemical products for machinery and tool dealers in the chemicals business and marine fuel additives performed steadily. In contrast, sales of chemical products for automotive repair shops in the chemicals business, fuel additives and coal additives in the industrial chemicals business, and chemical products for general consumers declined. In terms of earnings, profit declined due to the impact of lower sales from the factors described above, as well as higher selling, general and administrative expenses associated with increased sales activities and other factors.」
In addition to lower sales of multiple chemical products, higher selling, general and administrative expenses also weighed on profit, resulting in a 22.1% year-on-year decline in segment profit. - FY2024Annual profit continued to declineAnnual report
「In contrast, sales of marine fuel additives and chemical products for general consumers declined. In terms of earnings, profit declined due to higher selling, general and administrative expenses associated with increased sales activities and other factors.」
In addition to lower sales of certain additives and products for general consumers, higher selling, general and administrative expenses associated with increased sales activities and other factors became a factor behind the annual decline in profit. - FY2024-Q2Profit decline due to lower sales of certain additives and higher selling, general and administrative expensesAnnual report
「In terms of sales, sales of chemical products for automotive repair shops and machinery and tool dealers in the chemicals business, and fuel additives in the industrial chemicals business, performed steadily. In contrast, sales of coal additives in the industrial chemicals business and marine fuel additives declined. In terms of earnings, profit declined due to higher selling, general and administrative expenses associated with increased sales activities and other factors. As a result, sales were ¥5,747 million, up 0.5% year on year, and segment profit was ¥487 million, down 4.4%.」
While sales of certain additives continued to decline, the company cited higher selling, general and administrative expenses associated with increased sales activities and other factors as a factor behind the decline in quarterly profit. - FY2024-Q1RestatedAnnual report
「In terms of earnings, profit declined due to the impact of higher raw material prices. As a result, sales were ¥2,798 million, up 5.3% year on year, and segment profit was ¥201 million, down 6.4%.」
Higher raw material prices continued to pressure profit in the chemicals business. - FY2023WorsenedAnnual report
「In terms of earnings, profit declined due to the impact of the rapid depreciation of the yen and higher raw material prices. As a result, sales were ¥11,885 million, up 2.7% from the previous fiscal year, and segment profit was ¥1,029 million, down 15.2%.」
The impact of the rapid depreciation of the yen and higher raw material prices emerged as a decline in annual profit, with segment profit in the chemicals business falling 15.2%. - FY2023-Q3WorsenedAnnual report
「In terms of sales, sales of chemical products for machinery and tool dealers in the chemicals business and fuel additives in the industrial chemicals business performed steadily. In contrast, sales of coal additives in the industrial chemicals business and chemical products for general consumers declined. In terms of earnings, profit declined due to the impact of the rapid depreciation of the yen and higher raw material prices.」
In addition to lower sales of certain products, the rapid depreciation of the yen and higher raw material prices continued to weigh on profit, resulting in a 21.0% year-on-year decline in segment profit. - FY2023-Q2WorsenedAnnual report
「In terms of earnings, profit declined due to the impact of the rapid depreciation of the yen and higher raw material prices. As a result, sales were ¥5,717 million, up 3.5% year on year, and segment profit was ¥509 million, down 19.9%.」
In addition to lower sales of chemical products for general consumers and coal additives, the rapid depreciation of the yen and higher raw material prices emerged as factors behind the decline in profit. - FY2023-Q1WorsenedAnnual report
「In terms of earnings, profit declined due to the rapid depreciation of the yen, higher raw material prices and lower sales in the core business.」
The rapid depreciation of the yen, higher raw material prices and lower sales in the core business occurred and became factors behind the decline in profit in the chemicals business. - FY2022-Q3MitigatedAnnual report
「In terms of sales, sales of chemical products for automotive repair shops and machinery and tool dealers in the chemicals business, chemical products for general consumers, and fuel additives and coal additives in the industrial chemicals business performed steadily. In contrast, sales of marine fuel additives declined.」
Fuel additives and coal additives in the industrial chemicals business, which had previously been declining, were reported as performing steadily, partially easing the pressure from lower sales. In contrast, the decline in marine fuel additives continued. - FY2022-Q2Sales of fuel additives and other products continued to declineAnnual report
「In terms of sales, sales of chemical products for automotive repair shops in the chemicals business and coal additives in the industrial chemicals business performed steadily. Sales of chemical products for general consumers also performed steadily. In contrast, sales of marine fuel additives declined.」
Products for automotive repair shops, coal additives and general consumers performed steadily, while sales of marine fuel additives continued to decline. - FY2022-Q1Sales of fuel additives and other products continued to declineAnnual report
「In terms of sales, sales of chemical products for automotive repair shops in the chemicals business and coal additives in the industrial chemicals business performed steadily. Sales of chemical products for general consumers also performed steadily. In contrast, sales of fuel additives in the industrial chemicals business and marine fuel additives declined.」
Although products for general consumers performed steadily, sales of fuel additives and marine fuel additives continued to decline. Profit for the chemicals business as a whole increased. - FY2021Profit declined due to lower sales of core productsAnnual report
「In terms of sales, sales of fuel additives and coal additives in the industrial chemicals business declined due to the impact of COVID-19, as did sales of chemical products for machinery and tool dealers in the chemicals business. In contrast, sales of chemical products for automotive repair shops and general consumers in the chemicals business performed steadily.」
Although products for consumers and automotive repair shops performed steadily, segment profit fell 13.6% from the previous fiscal year due to lower sales of fuel additives, coal additives and products for machinery and tool dealers. - FY2021-Q3Consumer products remained solid, while additives and other products continued to declineAnnual report
「In terms of sales, sales of fuel additives and coal additives in the industrial chemicals business declined due to the impact of COVID-19, as did sales of chemical products for machinery and tool dealers in the chemicals business. In contrast, sales of chemical products for automotive repair shops and consumers in the chemicals business performed steadily.」
Products for consumers and automotive repair shops performed steadily, while sales of fuel additives, coal additives and products for machinery and tool dealers continued to decline. - FY2021-Q2Consumer sales remained solid, while additive sales declinedAnnual report
「In terms of sales, sales of fuel additives and coal additives in the industrial chemicals business declined due to the impact of COVID-19, as did sales of chemical products for machinery and tool dealers in the chemicals business. In contrast, sales of chemical products for consumers performed steadily.」
Although consumer chemical products performed steadily, sales of fuel additives, coal additives and products for machinery and tool dealers declined due to the impact of the pandemic, and segment profit fell 13.5% year on year. - FY2021-Q1Consumer sales recovered, while fuel additive sales declinedAnnual report
「In terms of earnings, sales of fuel additives and coal additives in the industrial chemicals business declined due to the impact of COVID-19, while sales of chemical products for automotive repair shops in the chemicals business remained firm. Sales of chemical products for consumers also performed steadily.」
Consumer chemical products, which had previously been declining, performed steadily, while sales of fuel additives and coal additives declined due to the impact of the pandemic. - FY2020MitigatedAnnual report
「In the chemicals business, sales of chemical products for automotive repair shops remained firm, while sales of antibacterial and textile treatment agents and chemical products for consumers performed steadily. As a result, sales were ¥11,647 million, up 4.2% from the previous fiscal year, and segment profit was ¥1,366 million, up 18.4%.」
Sales of consumer chemical products, which had previously been declining, were described as performing steadily, and sales and segment profit for the chemicals business as a whole increased. - FY2020-Q3MitigatedAnnual report
「In the chemicals business, sales of chemical products for automotive repair shops also remained firm, while sales of chemical products for consumers performed steadily.」
Sales of consumer chemical products, which had previously been declining, were described as performing steadily in the quarter, easing earnings pressure from lower sales. - FY2019RestatedAnnual report
「Sales of chemical products for machinery and tool dealers in the chemicals business remained solid, although sales of chemical products for consumers declined. Sales of fuel additives in the industrial chemicals business also declined, while sales of coal additives remained solid.」
The business update again states that sales of consumer chemical products and fuel additives continued to decline, while products for machinery and tool dealers and coal additives performed steadily. - FY2019-Q3MaterialisedAnnual report
「In terms of earnings, sales of chemical products for machinery and tool dealers in the chemicals business remained firm, although sales of chemical products for consumers declined. Sales of fuel additives in the industrial chemicals business also declined, while sales of coal additives remained solid. As a result, sales were ¥8,418 million, down 0.6% year on year, and segment profit was ¥925 million, down 8.9%.」
Lower sales of consumer chemical products and fuel additives resulted in declines in sales and segment profit in the chemicals business year on year.