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Macnica Holdings (3132) · RiskRestated

Slowdown in the Telecommunications Device Market Due to Longer Smartphone Replacement Cycles

First written in FY2019-Q2. 8 of 10 entries say "Restated". Latest entry: FY2024-Q2.

10entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY2023-Q22018: 12019: 420192020: 120202021: 020212022: 120222023: 32023
Same theme, other companies
Maturation of the Mobile Communications Market and Lengthening Device Replacement CyclesA theme 9 companies write about · 10 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.

6 other companies' latest entry also says "Restated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2RestatedAnnual report

    「Demand is slowing for some products, including memory and other leading-edge products primarily used in smartphones and PCs.」

    The slowdown in demand for some memory products and other products primarily used in smartphones and PCs continues to be reported.
  2. FY2024-Q1RestatedAnnual report

    「Demand is slowing for some products, including memory and other leading-edge products primarily used in smartphones and PCs,」

    The slowdown in demand for some products, mainly for smartphones and PCs, continues to be reported, reaffirming the weakness in demand related to communications devices.
  3. FY2023-Q3WorsenedAnnual report

    「Demand is slowing for some products, including memory and leading-edge products primarily used in smartphones and PCs, although」

    In addition to demand for smartphones peaking and slowing, the slowdown has spread to some products such as memory and leading-edge products for PCs.
  4. FY2023-Q2RestatedAnnual report

    「In the electronics industry, demand for smartphones and PCs has started to level off, while shortages of electronic components such as semiconductors continue.」

    Demand for smartphones continues to show signs of peaking and leveling off, while electronic-component shortages persist.
  5. FY2020-Q3RestatedAnnual report

    「Although demand for mobile devices remained weak and the downturn continued, China’s 5G smartphone market performed well, supported by earlier product launches and year-end sales campaigns,」

    The overall mobile-device market continues to face weak demand, while Chinese 5G smartphones are providing some support.
  6. FY2020-Q2RestatedAnnual report

    「The mobile-phone market remained sluggish as smartphone replacement cycles lengthened, while the domestic communications infrastructure market also remained sluggish owing to restrained investment by telecommunications carriers,」

    The continued sluggishness of the mobile-phone market due to longer smartphone replacement cycles remains documented.
  7. FY2020-Q1RestatedAnnual report

    「The mobile-phone market continued to face longer smartphone replacement cycles,」

    Longer smartphone replacement cycles continue to be cited as a factor behind the slowdown in the mobile-phone market.
  8. FY2019RestatedAnnual report

    「The mobile-phone market declined as smartphone replacement cycles lengthened,」

    The decline in the mobile-phone market resulting from longer smartphone replacement cycles was confirmed for the full fiscal year as well.
  9. FY2019-Q3RestatedAnnual report

    「The mobile-device market trended lower as smartphone demand reached maturity,」

    The slowdown in the mobile-device market due to maturing smartphone demand continues to be indicated, with impacts also extending to manufacturing equipment, measuring instruments and other products.
  10. FY2019-Q2First statedAnnual report

    「The communications-device market trended lower against the backdrop of longer smartphone replacement cycles, among other factors,」

    Longer smartphone replacement cycles were explicitly identified for the first time as a factor behind the slowdown in the communications-device market.
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Macnica Holdings's next results are scheduled for 2026-11-02. Read the earnings preview
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Slowdown in the Telecommunications Device Market Due to Longer Smartphone Replacement Cycles | MACNICA HOLDINGS,INC. (3132) | Komori