Komori
Kurabo Industries (3106) · RiskDropped

Slump in the machine tool business due to weak capital investment in Japan and overseas

First written in FY2017-Q1. 11 of 22 entries say "Restated". Latest entry: FY2024.

22entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2018-Q3WorsenedFY2020-Q3 – FY2021-Q1RestatedFY2022-Q2 – FY2023-Q22016: 220162017: 420172018: 320182019: 220192020: 320202021: 120212022: 420222023: 120232024: 22024
Same theme, other companies
Sensitivity to domestic and overseas industrial conditions and capital investment trendsA theme 90 companies write about · 91 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2020: 62 of 77 companies on the "Worse" side.

1 other company's latest entry also says "Dropped".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 90 companies compared. The sentences above are computed from all 90.
Full recordFilings, disclosures and news, newest first
  1. FY2024DroppedAnnual report

    「Following the sale of all shares in 倉敷機械㈱, which manufactured and sold machine tools and other products in the Environmental Mechatronics business, 倉敷機械㈱ and its subsidiaries Taiwan Kurashiki Machinery Co., Ltd. and Kuraki America Corporation have been excluded from the scope of consolidation.」

    Following the transfer of all shares in 倉敷機械, the company and its subsidiaries were removed from the scope of consolidation, eliminating the basis for continuing to track the previously identified risk of weak capital investment in the machine tools business as a business risk of the Group.
  2. FY2024-Q3RestatedAnnual report

    「Biomedical reported higher revenue on strong overseas sales of mixing and deaeration equipment, while machine tools recorded strong sales in Japan and to China, resulting in higher revenue.」

    Machine tools recorded strong sales in Japan and to China, with the recovery trend through the previous quarter continuing.
  3. FY2023-Q3MitigatedAnnual report

    「Machine tools also recorded firm sales in Japan and to China, resulting in higher revenue.」

    Machine tools, previously described as sluggish, recorded firm sales in Japan and to China, with revenue turning higher.
  4. FY2023-Q2RestatedAnnual report

    「Machine tools also recorded weak sales in Japan and to North America, resulting in lower revenue.」

    Weak machine tools sales in Japan and to North America, as well as lower revenue, continue.
  5. FY2023-Q1RestatedAnnual report

    「Machine tools also recorded sluggish sales in Japan and to North America.」

    Continued weakness in machine tools sales in Japan and to North America is noted.
  6. FY2022RestatedAnnual report

    「Domestic sales of machine tools remained sluggish, but sales to China recovered.」

    The regional disparity between weak domestic sales and recovering sales to China continues.
  7. FY2022-Q3Weak in Japan; recovery in ChinaAnnual report

    「Domestic sales of machine tools remained sluggish, but sales to China recovered.」

    While weak domestic sales continue, sales to China have recovered, with differing regional trends noted.
  8. FY2022-Q2RestatedAnnual report

    「Machine tools also recorded sluggish sales in Japan and to North America.」

    Sluggish sales in Japan and to North America continue to be reported for machine tools.
  9. FY2021-Q1WorsenedAnnual report

    「Domestic sales in the machine tools sector were sluggish amid weak capital investment, resulting in poor sales. Overseas sales also declined in North America and China due to lockdowns associated with the spread of COVID-19, resulting in lower revenue.」

    In addition to weak domestic capital investment, lockdowns caused sales in North America and China to decline, resulting in lower revenue in the machine tools sector.
  10. FY2020WorsenedAnnual report

    「Domestic sales and exports to North America in the machine tools sector were sluggish due to slowing capital investment and the impact of trade friction between the United States and China, resulting in lower revenue.」

    Due to slowing capital investment and the impact of US-China trade friction, exports to North America as well as domestic sales became sluggish, and lower revenue was reported.
  11. FY2020-Q3WorsenedAnnual report

    「Domestic sales in the machine tools sector remained sluggish, but exports to North America increased, leaving performance at the same level as in the same period of the previous year.」

    The description changed from higher revenue driven by strong domestic sales and increased exports to China in the previous quarter to performance in line with the same period of the previous year, driven by weak domestic sales and increased exports to North America.
  12. FY2020-Q2MitigatedAnnual report

    「Domestic sales in the machine tools sector remained strong, and exports to China also increased, resulting in higher revenue.」

    The performance description has shifted from indicating a risk of weakness in the machine tools sector to higher revenue, supported by strong domestic sales and increased exports to China.
  13. FY2019-Q3MitigatedAnnual report

    「Domestic sales in the machine tools sector remained strong, while overseas sales, particularly to Asia led by South Korea and Taiwan, were also solid, resulting in higher revenue.」

    The description has shifted from weak capital investment in Japan and overseas and sluggish overseas sales to strong domestic sales and strong sales to Asia, particularly South Korea and Taiwan, with revenue turning higher.
  14. FY2019-Q1WorsenedAnnual report

    「In the machine tools sector, sales to North America were on a recovery trend, but domestic sales remained sluggish, resulting in lower revenue.」

    While sales to North America were described as being on a recovery trend, the machine tools sector reported lower revenue due to weak domestic sales.
  15. FY2018MitigatedAnnual report

    「Domestic sales in the machine tools sector remained firm, while overseas sales, particularly to North America and China, were on a recovery trend, resulting in higher revenue.」

    The description has changed from weak overseas capital investment and sluggish overseas sales to firm domestic sales and a recovery trend in sales to North America and China.
  16. FY2018-Q3RestatedAnnual report

    「Domestic sales in the machine tools sector remained strong, but overseas sales, particularly to South Korea and China, were sluggish, leaving revenue at the same level as in the same period of the previous year.」

    Domestic sales were described as strong, while sluggish overseas sales, including to South Korea and China, were noted.
  17. FY2018-Q2RestatedAnnual report

    「Domestic sales in the machine tools sector remained strong, but overseas sales, particularly to the United States and China, were sluggish, leaving revenue at the same level as in the same period of the previous year.」

    While overseas sales, particularly to the United States and China, remain sluggish, domestic sales are described as strong.
  18. FY2018-Q1RestatedAnnual report

    「Domestic sales in the machine tools sector were in line with the same period of the previous year, but overseas sales, particularly to the United States and China, were sluggish due to weak capital investment, resulting in lower revenue.」

    Weak overseas capital investment, particularly sluggish sales to the United States and China, continues to be noted.
  19. FY2017RestatedAnnual report

    「The machine tools sector remained sluggish amid weak capital investment in Japan and overseas, with its core horizontal boring and milling machines performing poorly.」

    Weak capital investment in Japan and overseas and weakness in the machine tools sector were also cited for the full year.
  20. FY2017-Q3RestatedAnnual report

    「The machine tools sector remained sluggish amid weak capital investment in Japan and overseas, with its core horizontal boring and milling machines performing poorly.」

    The machine tools sector's weakness due to weak capital investment in Japan and overseas continues.
  21. FY2017-Q2RestatedAnnual report

    「The machine tools sector remained sluggish amid weak capital investment in Japan and overseas, with its core horizontal boring and milling machines performing poorly.」

    The machine tools sector's weakness due to weak capital investment in Japan and overseas continues.
  22. FY2017-Q1First statedAnnual report

    「The machine tools sector remained sluggish amid weak capital investment in Japan and overseas.」

    Weak capital investment was explicitly cited as the reason for the machine tools sector's weak performance.
Moved together

"Not higher revenue and lower profit in the first quarter, but improved profitability through lower revenue and higher profit" moved the same way as this thread, in the same document, in 5 of its 22 moves.

554444★123456
  1. ★This thread
  2. 1Not higher revenue and lower profit in the first quarter, but improved profitability through lower revenue and higher profit5×
  3. 2Recovery and Expansion of the Chemical Products Business5×
  4. 3Shareholder returns through share buybacks and flexible capital policy4×
  5. 4Declining Revenue and Profit in the Textile Business and Regional Differences Overseas4×
  6. 5Weak performance in the Environmental Mechatronics Business4×
  7. 6Revenue and profit growth in the Food and Services business4×

★ 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.

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Slump in the machine tool business due to weak capital investment in Japan and overseas | KURABO INDUSTRIES LTD. (3106) | Komori