Seasonality and Weather Risks in the Tire and Wheel Business
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2026.
Komehyo Holdings moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
2 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Although demand for winter tires declined due to the effects of a mild winter and we continued to make proactive investments for the future, we offset these effects through measures including securing profitability by strengthening purchases of used products and the effect of higher revenue.」
Although lower demand for winter tires due to the mild winter actually occurred, this was offset by stronger purchases of used products and the effect of higher revenue. - FY2020RestatedAnnual report
「Revenue from tires and wheels tends to be concentrated in the second half of the fiscal year (October to March), which coincides with the replacement season for studless tires used during snowfall and other winter conditions. If unpredictable adverse weather conditions occur, such as a delay in the snowfall season or lower snowfall, this may result in lower revenue and excess inventory.」
The dependence on snowfall and replacement demand in the second half, and the risks of lower revenue and excess inventory due to adverse weather, are being reconfirmed. - FY2018RestatedAnnual report
「Revenue from tires and wheels tends to be concentrated in the second half of the fiscal year (October to March), which coincides with the replacement season for studless tires used during snowfall and other winter conditions. If unpredictable adverse weather conditions occur, such as a delay in the snowfall season or lower snowfall, this may result in lower revenue and excess inventory.」
The dependence on snowfall and replacement demand in the second half, and the risks of lower revenue and excess inventory due to adverse weather, are being reconfirmed. - FY2017RestatedAnnual report
「Revenue from tires and aluminum wheels tends to be concentrated in the second half of the fiscal year (October to March), which coincides with the replacement season for studless tires used during snowfall and other winter conditions.」
The seasonality of dependence on snowfall and replacement demand in the second half continues to be identified as a risk. - FY2017-Q3MaterialisedAnnual report
「The distribution industry is also experiencing generally weak private consumption, due to lower consumer sentiment driven by a preference for saving, slower inbound consumption and the effects of adverse weather conditions.」
This explains that external factors, including adverse weather conditions, affected the overall weakness in private consumption. - FY2016First statedAnnual report
「Revenue from tires and aluminum wheels tends to be concentrated in the second half of the fiscal year (October to March), which coincides with the replacement season for studless tires used during snowfall and other winter conditions.」
This indicates dependence on snowfall and replacement demand in the second half, as well as exposure to changes in the timing and amount of snowfall.