Komori
The Kodensha (1948) · RiskWorsened

Mitsubishi Electric’s reliance on earnings and capital investment

First written in FY2016. 5 of 11 entries say "Worsened", first in FY2021. Latest entry: FY2026.

11entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016WorsenedFY2023 – 2026-05-132016: 120162017: 020172018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 020252026: 32026
Same theme, other companies
Dependence of order intake on the parent company’s performance and capital investmentA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥1,322.2 million from its parent company, accounting for 32.8% of the total value of construction orders received by our group.」

    Construction orders from the parent company increased from ¥831.6 million in the previous fiscal year to ¥1,322.2 million, and their share of total construction orders rose from 20.3% to 32.8%. Dependence on the parent company increased in both amount and percentage terms.
  2. FY2024WorsenedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥831.6 million from its parent company, accounting for 20.3% of the total value of construction orders received by our group. The parent company's operating performance and capital investment may affect our group's operating performance.」

    Construction orders from the parent company increased from ¥525.2 million in the previous fiscal year to ¥831.6 million, while their share of total construction orders declined from 21.1% to 20.3%. Dependence on the parent company increased in terms of order value.
  3. FY2023WorsenedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥525.2 million from its parent company, accounting for 21.1% of the total value of construction orders received by our group.」

    Orders received from the parent company increased from ¥465.2 million in the previous fiscal year to ¥525.2 million, while their share of total construction orders rose from 19.5% to 21.1%, increasing the degree of dependence on the parent company.
  4. FY2022MitigatedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥465.2 million from its parent company, accounting for 19.5% of the total value of construction orders received by our group. The parent company's operating performance and capital investment may affect our group's operating performance.」

    Orders received from the parent company totaled ¥465.2 million, accounting for 19.5% of total construction orders. Both the amount and share declined from ¥539.5 million and 22.6% in the previous fiscal year, reducing the degree of dependence on the parent company, while the risk itself continues to be disclosed.
  5. FY2021WorsenedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥539.5 million from its parent company, accounting for 22.6% of the total value of construction orders received by our group. The parent company's operating performance and capital investment may affect our group's operating performance.」

    Orders received from the parent company declined from ¥569.4 million in the previous fiscal year, while their share of total construction orders rose from 20.4% to 22.6%, increasing the degree of dependence.
  6. FY2020MitigatedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥569.4 million from its parent company, accounting for 20.4% of the total value of construction orders received by our group. The parent company's operating performance and capital investment may affect our group's operating performance.」

    Orders received from the parent company declined from ¥664.1 million in the previous fiscal year to ¥569.4 million, while their share of total construction orders fell from 21.9% to 20.4%. The risk of dependence on the parent company continues to be explicitly disclosed.
  7. FY2019Order value from the parent company increased, but its share of total orders declinedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥664.1 million from its parent company, accounting for 21.9% of the total value of construction orders received by our group. The parent company's operating performance and capital investment may affect our group's operating performance.」

    Orders received from the parent company increased from ¥545.2 million in the previous fiscal year to ¥664.1 million, while their share of total construction orders declined from 22.6% to 21.9%. The risk of dependence on the parent company continues to be explicitly disclosed.
  8. FY2018MitigatedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥545.2 million from its parent company, accounting for 22.6% of the total value of construction orders received by our group. The parent company's operating performance and capital investment may affect our group's operating performance.」

    Orders received from the parent company totaled ¥545.2 million, accounting for 22.6% of total construction orders, down from ¥699.3 million and 26.1% in FY2016. The risk of dependence on the parent company continues to be explicitly disclosed.
  9. FY2016First statedAnnual report

    「During the current consolidated fiscal year, our group received construction orders worth ¥699.3 million from its parent company, accounting for 26.1% of the total value of construction orders received by our group. The parent company's operating performance and capital investment may affect our group's operating performance.」

    The disclosure shows the order amount received from the parent company and its share of total construction orders, and identifies the parent company's performance and capital investment as risk factors.
Moved together

"Accepting Orders for Construction Projects Expected to Incur Losses" moved the same way as this thread, in the same document, in 5 of its 11 moves.

533332★123456
  1. ★This thread
  2. 1Accepting Orders for Construction Projects Expected to Incur Losses5×
  3. 2Stable earnings, business growth, and contribution to social infrastructure3×
  4. 3Gross Margin Decline Due to Construction Market Volatility and Competition for Orders3×
  5. 4Uncertainty over the Outlook Due to the Downturn in Emerging-Market Economies and the UK's Withdrawal from the EU3×
  6. 5Decline in Construction and Sales Activities Due to Labor Shortages3×
  7. 6Governance by the Board of Directors, Board of Corporate Auditors and Management Strategy Committee2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for The Kodensha yet. It last moved in the M&A and Subsidiary Changes of 2026-05-25: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Mitsubishi Electric’s reliance on earnings and capital investment | The Kodensha,Co.,Ltd. (1948) | Komori