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Zoa (3375) · RiskFirst stated

Constraints on SIM-Free Sales Due to Tighter Import Restrictions on HUAWEI

First written in FY2020. . Latest entry: FY2020.

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  1. FY2020First statedAnnual report

    「We determined that sales of HUAWEI products had become difficult due to factors including tighter US import restrictions on HUAWEI, and therefore restrained procurement and sales of those products, resulting in lower revenue. As a result, revenue from the SIM-free products segment was ¥11.912 million, down 65.7% year on year.」

    Tighter import controls on HUAWEI have made sales difficult and led to restrained procurement and sales, resulting in a 65.7% year-on-year decline in SIM-free-related sales.
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Constraints on SIM-Free Sales Due to Tighter Import Restrictions on HUAWEI | ZOA CORPORATION (3375) | Komori