Nippon Kodoshi (3891) · RiskDropped
Impact of China’s solar power subsidy cuts on demand for medium- and high-voltage products
First written in FY2019-Q2. 1 of 2 entries say "Dropped", first in FY2020. Latest entry: FY2020.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Declining Demand for Medium- and High-Voltage Products Due to China's Solar Power Subsidy CutsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2020DroppedAnnual reportThe impact of cuts to China's solar power subsidies on demand for medium- and high-voltage products was not explicitly stated in this filing.
- FY2019-Q2First statedAnnual report
「Although demand for medium- and high-voltage products for industrial equipment and other applications was affected by cuts to solar power subsidies in China, demand for low-voltage products for automotive ECUs, motors, and other applications remained solid. As a result, net sales for the six months ended the second quarter of the current fiscal year were ¥6,250 million, up ¥189 million, or 3.1%, year on year.」
The filing stated that cuts to China's solar power subsidies affected demand for medium- and high-voltage products for industrial equipment and other applications. This was identified as a new risk because the target market differs from the market for environmentally friendly buses, where subsidy reductions had previously been identified.