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Seiren (3569) · RiskMaterialised

Excess Inventory and Order Adjustments in the Interior Materials Market

First written in FY2017-Q1. 3 of 5 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2021.

5entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q12016: 120162017: 020172018: 020182019: 020192020: 220202021: 22021
Same theme, other companies
Weak demand in the living products segment due to inventory adjustments by business partnersA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

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

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

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. FY2021MaterialisedAnnual report

    「Revenue declined due to a drop in new housing starts, lower order volumes and order postponements resulting from customer inventory adjustments in the first half.」

    The decline in new housing starts, customer inventory adjustments, and lower and postponed order volumes emerged as factors reducing revenue in the environmental and lifestyle materials business.
  2. FY2021-Q3RestatedAnnual report

    「Revenue declined due to a drop in new housing starts, lower order volumes and order postponements resulting from customer inventory adjustments in the first half.」

    The situation continued in which customer inventory adjustments, lower order volumes and order postponements contributed to lower revenue in the environmental and lifestyle materials business.
  3. FY2021-Q2MaterialisedAnnual report

    「In the office and interior materials business, concern arose over a decline in new projects, and revenue declined due to customer inventory adjustments, lower order volumes and order postponements.」

    In the office and interior materials business, customer inventory adjustments, lower order volumes and order postponements occurred, resulting in lower revenue.
  4. FY2021-Q1MaterialisedAnnual report

    「In the office and interior materials business, concern arose over a decline in new projects, and revenue declined due to customer inventory adjustments, lower order volumes and order postponements.」

    In the office and interior materials business, customer inventory adjustments, lower order volumes and order postponements occurred, resulting in lower revenue.
  5. FY2017-Q1First statedAnnual report

    「The operating environment for the interior materials business remains difficult, as orders are being adjusted because of excess market inventory.」

    Excess inventory in the interior materials market has led to actual order adjustments.
Moved together

"Risk of Foreign Exchange Rate Fluctuations" moved the same way as this thread, in the same document, in 3 of its 5 moves.

332222★123456
  1. ★This thread
  2. 1Risk of Foreign Exchange Rate Fluctuations3×
  3. 2Sluggish Domestic Apparel Market and Consumers’ Focus on Saving3×
  4. 3Expansion of Global Operations2×
  5. 4Fluctuations in demand for vehicle materials due to weak automobile sales in Japan and overseas2×
  6. 5Weakness in New Housing Starts2×
  7. 6Customer Inventory Adjustments in the Health, Nursing-Care and Office Businesses2×

★ 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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Excess Inventory and Order Adjustments in the Interior Materials Market | SEIREN CO.,LTD. (3569) | Komori