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Shinden Hightex (3131) · InitiativeWorsenedLatest Results (2026-11-10): "Mitigated"

Expansion of Business Activities in Overseas Markets and Support for Customers' Overseas Production

First written in FY2016. 12 of 28 entries say "Worsened", first in FY2020-Q3. Latest entry: 2026-11-10.

28entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017WorsenedFY2020-Q3 – FY2021AdvancedFY2022-Q2 – FY2023WorsenedFY2024-Q2 – FY20262016: 120162017: 120172018: 120182019: 220192020: 420202021: 420212022: 420222023: 420232024: 320242025: 120252026: 32026
Same theme, other companies

Shinden Hightex moved to the "Worse" side of this theme in 2020.

The whole theme swung hardest in 2024: 1 of 10 companies on the "Worse" side.

0 other companies' latest entry also says "Mitigated".

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 19 companies compared. The sentences above are computed from all 19.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「During the fiscal year, revenue was ¥1,735 million, down 33.9% year on year, due to sluggish business with China, and the segment recorded a loss of ¥33 million, unchanged from the segment loss of ¥33 million in the previous year.」

    Business activity in overseas markets saw full-year revenue decline due to sluggish business with China, while losses continued.
  2. FY2025WorsenedAnnual report

    「During the fiscal year, revenue was ¥2,623 million, down 20.0% year on year, and the segment recorded a loss of ¥33 million, compared with a segment loss of ¥4 million in the previous year, due to stagnation in the Chinese market.」

    The overseas business saw a larger decline in revenue due to stagnation in the Chinese market, while the segment loss widened from ¥4 million to ¥33 million.
  3. FY2025-H1WorsenedAnnual report

    「During the six-month consolidated accounting period, revenue was ¥1,326 million, down 12.1% year on year, and the segment recorded a loss of ¥50 million, compared with a segment loss of ¥6 million in the same period of the previous year, due to stagnation in the Chinese market.」

    The overseas business posted lower revenue due to stagnation in the Chinese market, and the segment loss widened from ¥6 million to ¥50 million. Business activity in overseas markets has deteriorated in terms of performance.
  4. FY2024WorsenedAnnual report

    「During the fiscal year, revenue was ¥3,279 million, down 8.5% year on year, and the segment recorded a loss of ¥4 million, compared with segment profit of ¥48 million in the previous year, due to lower demand caused by global inflation and stagnation in the Chinese market.」

    The overseas business posted lower revenue due to global inflation and stagnation in the Chinese market, and moved from segment profit to a loss of ¥4 million.
  5. FY2024-Q3WorsenedAnnual report

    「During the nine-month period ended in the third quarter, revenue was ¥2,450 million, down 10.7% year on year, and segment profit was ¥6 million, down 81.9% year on year, due to lower demand caused by global inflation and stagnation in the Chinese market.」

    The overseas business posted lower revenue due to global inflation and stagnation in the Chinese market, while segment profit also fell 81.9% year on year.
  6. FY2024-Q2WorsenedAnnual report

    「During the six-month period ended in the second quarter, revenue was ¥1,508 million, down 6.0% year on year, and the segment recorded a loss of ¥6 million, compared with segment profit of ¥16 million in the same period of the previous year, due to lower demand caused by global inflation and stagnation in the Chinese market.」

    Revenue in the overseas business fell 6.0% year on year, and the segment moved from profit in the same period of the previous year to a loss of ¥6 million.
  7. FY2024-Q1Higher revenue and lower profitAnnual report

    「During the three-month period ended in the first quarter, revenue was ¥778 million, up 3.9% year on year, reflecting the rebound from the previous year’s China lockdowns. Segment profit was ¥5 million, down 29.0% year on year, due to the higher cost ratio.」

    The overseas business posted higher revenue on the rebound from China’s lockdowns, while segment profit declined due to the higher cost ratio.
  8. FY2023AdvancedAnnual report

    「Overseas, despite the impact of China’s lockdown measures and production adjustments by overseas customers in the first half of the fiscal year, the Company focused on capturing demand, mainly for semiconductor products. As a result, revenue was ¥3,583 million, up 21.5% year on year, and segment profit was ¥48 million, up 112.6%.」

    The overseas business posted higher full-year revenue and profit, with both revenue and segment profit exceeding the previous year’s levels.
  9. FY2023-Q3AdvancedAnnual report

    「During the nine-month period ended in the third quarter, despite the impact of China’s lockdown measures and production adjustments by overseas customers in the first half of the fiscal year, the Company focused on capturing demand, mainly for semiconductor products. As a result, revenue was ¥2,743 million, up 34.3% year on year, and segment profit was ¥36 million, up 73.1%.」

    The overseas business posted higher revenue and profit by capturing demand, mainly for semiconductor products, despite the impact of China’s lockdowns and other factors.
  10. FY2023-Q2AdvancedAnnual report

    「During the cumulative second quarter, despite the impact of China's lockdowns and production adjustments by overseas customers, we were able to capture demand centered on semiconductor products. Sales increased to ¥1,604 million, up 28.6% year on year, and segment profit was ¥16 million, up 99.5% year on year.」

    In the overseas business, demand for semiconductor products was captured despite the impact of China's lockdowns and other factors, and sales and segment profit exceeded the previous year's levels.
  11. FY2023-Q1AdvancedAnnual report

    「During the cumulative first quarter, despite the impact of China's lockdowns and production adjustments by overseas customers, we were able to capture strong demand for semiconductor products. Sales increased to ¥749 million, up 47.8% year on year, and segment profit was ¥8 million, compared with a segment loss of ¥0 million in the same quarter of the previous year.」

    The overseas business captured demand for semiconductor products, increasing sales 47.8% year on year and shifting from a segment loss to profit of ¥8 million.
  12. FY2022AdvancedAnnual report

    「During the fiscal year, sales increased to ¥2,949 million, up 32.0% year on year, mainly due to the recovery of the semiconductor products business for China. Segment profit was ¥22 million, compared with a segment loss of ¥37 million in the previous year.」

    The overseas business posted higher sales as the semiconductor products business for China recovered, shifting from a segment loss to profit of ¥22 million.
  13. FY2022-Q3AdvancedAnnual report

    「During the cumulative third quarter, sales increased to ¥2,043 million, up 27.1% year on year, mainly due to the recovery of the business for China. Segment profit was ¥21 million, compared with a segment loss of ¥27 million in the same quarter of the previous year.」

    In the overseas business, the China business recovered, lifting sales 27.1% year on year and shifting the segment from a loss to profit of ¥21 million.
  14. FY2022-Q2AdvancedAnnual report

    「During the cumulative second quarter, sales increased to ¥1,247 million, up 25.4% year on year, due to the recovery of the business for China. The segment posted profit of ¥8 million, compared with a segment loss of ¥24 million in the same quarter of the previous year.」

    In the overseas business, the China business recovered, lifting sales 25.4% year on year and shifting the segment from a loss to profit of ¥8 million.
  15. FY2022-Q1The overseas business is recovering while sales continue to declineAnnual report

    「During the cumulative first quarter, the overseas business was in the process of recovering. Sales were ¥507 million, down 7.4% year on year, while the segment loss narrowed to ¥0 million from a segment loss of ¥14 million in the same quarter of the previous year.」

    Although the overseas business continued to post lower sales year on year, the segment loss narrowed from ¥14 million to ¥0 million, and the business was described as being in the process of recovery.
  16. FY2021WorsenedAnnual report

    「During the fiscal year, sales declined to ¥2,234 million, down 39.4% year on year, due to the continuing impact of production slowdowns at major customers, which are manufacturers of office equipment, and delays in the battery business. The segment posted a loss of ¥37 million, compared with a segment loss of ¥11 million in the previous year.」

    The overseas business saw both the sales decline and segment loss widen due to production slowdowns at major customers and delays in the battery business.
  17. FY2021-Q3WorsenedAnnual report

    「During the cumulative third quarter, sales declined to ¥1,607 million, down 45.5% year on year, as the impact of production slowdowns at major customers remained. The segment's major customers are manufacturers of automotive and office automation equipment. The segment posted a loss of ¥27 million, compared with a segment loss of ¥2 million in the same quarter of the previous year.」

    The overseas business continued to be affected by production slowdowns at major customers, with sales declining 45.5% year on year and the segment loss widening from ¥2 million to ¥27 million.
  18. FY2021-Q2WorsenedAnnual report

    「During the cumulative second quarter, sales declined to ¥994 million, down 55.8% year on year, as the impact of production slowdowns at major customers remained. The segment's major customers are manufacturers of automotive and office automation equipment. The segment posted a loss of ¥24 million, compared with segment profit of ¥17 million in the same quarter of the previous year.」

    The overseas business continued to be affected by production slowdowns at major customers, with sales declining 55.8% year on year and the segment shifting from profit of ¥17 million to a loss of ¥24 million.
  19. FY2021-Q1WorsenedAnnual report

    「(Overseas) During the cumulative first quarter, sales declined to ¥547 million, down 57.6% year on year, due to the slowdown in customers' production resulting from strong infection-control measures, including lockdowns. The segment posted a loss of ¥14 million, compared with segment profit of ¥14 million in the same quarter of the previous year.」

    The overseas business saw sales decline 57.6% year on year due to the slowdown in customers' production, shifting from segment profit to a ¥14 million loss.
  20. FY2020WorsenedAnnual report

    「During the fiscal year, volume business involving semiconductor-related products such as memory and memory modules, particularly for China, contracted, resulting in sales of ¥3,689 million, down 38.6% year on year. The segment posted a loss of ¥11 million, compared with segment profit of ¥58 million in the previous year.」

    The overseas business suffered a substantial sales decline as volume business for China contracted, shifting from segment profit to a loss.
  21. FY2020-Q3WorsenedAnnual report

    「(Overseas) During the cumulative third quarter, sales declined to ¥2,952 million, down 35.9% year on year, mainly due to lower memory selling prices and weak demand for semiconductor-related products compared with the same quarter of the previous year. The segment posted a loss of ¥2 million, compared with segment profit of ¥54 million in the same period of the previous year.」

    The overseas business saw sales decline 35.9% year on year and shifted from segment profit to a ¥2 million loss. Operating performance in the overseas business deteriorated after improving through the previous fiscal year.
  22. FY2019AdvancedAnnual report

    「(Overseas) During the fiscal year, buoyed by favorable semiconductor market conditions, strong demand for automotive and office equipment and higher demand for semiconductor-related products such as memory and memory modules lifted sales to ¥6,008 million, up 17.8% year on year. Segment profit was ¥58 million, up 45.1% year on year.」

    The overseas business outperformed the previous year in both sales and segment profit, supported by higher demand for semiconductor-related products.
  23. FY2019-Q3AdvancedAnnual report

    「(Overseas) During the cumulative third quarter, sales increased to ¥4,602 million, up 41.6% year on year, due to higher demand for semiconductor-related products such as memory and memory modules. Segment profit was ¥54 million, up 11.4% year on year.」

    In the overseas business, higher demand for semiconductor-related products lifted sales and segment profit above the previous year's levels, with sales and profit growth continuing from the previous quarter.
  24. FY2019-Q2AdvancedAnnual report

    「(Overseas) During the cumulative second quarter, sales increased to ¥3,123 million, up 64.8% year on year, due to higher demand for semiconductor-related products such as memory and memory modules. Segment profit was ¥36 million, up 11.4% year on year.」

    In the overseas business, higher demand for semiconductor-related products lifted sales and segment profit above the previous year's levels.
  25. FY2017RestatedAnnual report

    「We operate not only in Japan but also overseas, primarily in Asia, to strengthen relationships with major suppliers of LCDs, semiconductors and electronic equipment, and to support the business activities of overseas production bases operated by major customers, including domestic electrical equipment manufacturers.」

    We continue to expand overseas to strengthen relationships with suppliers and support customers' overseas production.
  26. FY2016First statedAnnual report

    「We operate not only in Japan but also overseas, primarily in Asia, to support the business activities of overseas production bases operated by major customers, including domestic electrical equipment manufacturers. We aim to expand earnings by expanding our business activities in overseas markets.」

    The role of overseas bases is linked to strengthening relationships with suppliers and supporting customers' overseas production.
Moved together

"Poor performance at overseas locations and deteriorating earnings" moved the same way as this thread, in the same document, in 22 of its 28 moves.

221212111111★123456
  1. ★This thread
  2. 1Poor performance at overseas locations and deteriorating earnings22×
  3. 2Identifying New Products and Competitive New Suppliers12×
  4. 3Sustaining a highly profitable business model, increasing EPS, and increasing gross profit per employee12×
  5. 4Risk of rising working capital needs and worsening financing conditions11×
  6. 5Sales growth in battery-related fields11×
  7. 6Failure to meet the profit plan due to lower profit margins11×

★ 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
Shinden Hightex's next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the Results of 2026-11-10: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.