Sanno (3441) · RiskDropped
Depreciation Burden from Capital Investment to Secure New Product Business
First written in FY2019-Q1. 1 of 2 entries say "Dropped", first in FY2020. Latest entry: FY2020.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Higher Depreciation Expense Associated with Capital InvestmentA theme 27 companies write about · 27 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2020: 7 of 19 companies on the "Worse" side.
3 other companies' 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 27 companies compared. The sentences above are computed from all 27.Full recordFilings, disclosures and news, newest first
- FY2020DroppedAnnual reportRegarding the depreciation burden associated with capital investment to secure new products described in the previous fiscal year, this annual securities report contains no explicit description identifying it as the same risk.
- FY2019-Q1First statedAnnual report
「During the first quarter of the current consolidated cumulative period, the order environment deteriorated as smartphone production was reduced and production adjustments were made in the industrial equipment sector. Although the Company implemented capital investment to secure new products, increasing the depreciation burden, and carried out measures to improve profitability, including expense reductions, these measures were insufficient to offset the decline in net sales.」
The Company states that capital investment to secure new products in the Japan segment increased the depreciation burden and was insufficient to offset the decline in net sales caused by the deteriorating order environment.