Komori
Macnica Holdings (3132) · RiskMitigated

Restraint on Capital Investment by Domestic Telecommunications Carriers

First written in FY2017-Q2. 9 of 14 entries say "Restated". Latest entry: FY2022-Q1.

14entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q3 – FY2020-Q32016: 12017: 320172018: 420182019: 420192020: 120202021: 12021
Same theme, other companies

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

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Full recordFilings, disclosures and news, newest first
  1. FY2022-Q1MitigatedAnnual report

    「In the communications infrastructure market, demand for memory for China's 5G networks and data centers continued to increase, while electronic devices and other products for domestic telecom carriers also grew」

    Growth in electronic devices and other products for domestic telecom carriers was evident, partially mitigating the downturn in communications infrastructure demand caused by restrained investment by domestic telecom carriers.
  2. FY2020-Q3RestatedAnnual report

    「The communications infrastructure market remained sluggish, as the trend toward restrained investment by domestic telecom carriers continued, although」

    The continued trend toward restrained investment by domestic telecom carriers is noted as a factor weighing on the communications infrastructure market.
  3. FY2020-Q2RestatedAnnual report

    「In addition, the domestic communications infrastructure market remained sluggish due to restrained investment by telecom carriers, although」

    The communications infrastructure market has remained sluggish against the backdrop of continued restraint in investment by domestic telecom carriers.
  4. FY2020-Q1RestatedAnnual report

    「In addition, the domestic communications infrastructure market remained sluggish due to continued restraint in investment by telecom carriers.」

    The communications infrastructure market has remained sluggish against the backdrop of continued restraint in investment by domestic telecom carriers.
  5. FY2019RestatedAnnual report

    「In addition, the domestic communications infrastructure market remained sluggish as telecom carriers continued to restrain investment.」

    The communications infrastructure market has remained sluggish against the backdrop of continued restraint in investment by domestic telecom carriers.
  6. FY2019-Q3RestatedAnnual report

    「The domestic communications infrastructure market remained sluggish, although」

    The continued weakness of the domestic communications infrastructure market is noted. Meanwhile, demand for capital investment in China is said to have continued.
  7. FY2019-Q2RestatedAnnual report

    「The communications infrastructure market remained sluggish as restrained investment by domestic telecom carriers continued.」

    The communications infrastructure market has remained sluggish against the backdrop of continued restraint in investment by domestic telecom carriers.
  8. FY2019-Q1RestatedAnnual report

    「The communications infrastructure market remained sluggish, against the backdrop of the completion of the domestic telecom carriers' investment cycle.」

    The communications infrastructure market has remained sluggish against the backdrop of the completion of the domestic telecom carriers' investment cycle.
  9. FY2018RestatedAnnual report

    「The communications infrastructure market remained sluggish, owing to restrained investment by domestic telecom carriers and the completion of the LTE-Advanced investment cycle.」

    The communications infrastructure market has remained sluggish against the backdrop of restrained investment by domestic telecom carriers and the completion of the LTE-Advanced investment cycle.
  10. FY2018-Q3RestatedAnnual report

    「Meanwhile, the communications infrastructure market remained sluggish, as the rollout of LTE-Advanced base stations and other infrastructure was nearly complete.」

    The communications infrastructure market has remained sluggish against the backdrop of the completed rollout of LTE-Advanced base stations and other infrastructure. The impact of restrained capital investment is now evident in the market downturn.
  11. FY2018-Q2WorsenedAnnual report

    「The communications infrastructure market was generally weak,」

    Where domestic communications capex was described as flat in the previous quarter, domestic LTE base station and communications equipment investment was weak this time, and weakness across the market as a whole has continued.
  12. FY2018-Q1WorsenedAnnual report

    「The communications infrastructure market was generally weak,」

    Whereas capital investment by domestic telecommunications carriers showed a partial recovery in the previous quarter, the communications infrastructure market was described as generally weak this time, again indicating a weak demand environment.
  13. FY2017-Q3SoftenedAnnual report

    「The communications infrastructure market was generally weak, as demand for communications equipment remained sluggish overall, particularly for PLDs and ASSPs, despite a partial recovery in domestic telecommunications carriers’ capital investment in the latter half of the period.」

    Capital investment by domestic telecommunications carriers showed a partial recovery and the restraint seen in the previous quarter eased, but overall demand for communications equipment remains sluggish.
  14. FY2017-Q2First statedAnnual report

    「The communications infrastructure market performed poorly as it was affected by domestic telecommunications carriers’ restraint on capital investment.」

    Domestic telecommunications carriers’ restraint on capital investment is described as an actual factor contributing to the weak performance of the communications infrastructure market.
Moved together

"Consolidated results: lower revenue and profit due to yen appreciation and higher SG&A expenses, among other factors" moved the same way as this thread, in the same document, in 2 of its 14 moves.

222222★123456
  1. ★This thread
  2. 1Consolidated results: lower revenue and profit due to yen appreciation and higher SG&A expenses, among other factors2×
  3. 2Slowing Recovery in Overseas Economies and Uncertainty in Financial and Capital Markets2×
  4. 3Deterioration in operating cash flow due to higher inventories2×
  5. 4Decline in Revenue and Profit in the Integrated Circuits, Electronic Devices and Other Business2×
  6. 5Inventory Adjustments for Server and Storage Systems2×
  7. 6Weak demand for network hardware due to smaller project sizes2×

★ 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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Macnica Holdings's next results are scheduled for 2026-11-02. Read the earnings preview
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