Komori
Cluster Technology (4240) · RiskRestated

Customers’ Cuts to Development Spending and Discontinuation of Research Projects

First written in FY2021-Q1. 4 of 8 entries say "Restated". Latest entry: FY2023.

8entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2021-Q1RestatedFY2022-Q2 – FY2022-Q3MitigatedFY2022RestatedFY2023-Q3 – FY20232020: 120202021: 320212022: 220222023: 22023
Same theme, other companies
Decline in orders due to customers' cancellation of product development and launch plansA theme 15 companies write about · 16 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2017: 3 of 6 companies on the "Worse" side.

4 other companies' latest entry also says "Restated".

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 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. FY2023RestatedAnnual report

    「Pulse Injector® (hereinafter, PIJ) is making active approaches to university laboratories and the research and development departments of companies through Web-based meetings and customer visits.」

    Approaches to research and development departments through customer visits and Web-based meetings are continuing, with no further deterioration described in the impact of customers' cuts in research and development expenditure and cancellation of projects.
  2. FY2023-Q3RestatedAnnual report

    「Pulse Injector® (hereinafter, “PIJ”) is actively approaching university laboratories and the R&D departments of individual companies by using web conferences and visiting customers. We will continue promoting its expansion into multiple fields as a tool supporting R&D.」

    The Company is continuing to approach customers' research and development activities and has reconfirmed its policy of expanding into multiple fields through Web-based meetings and customer visits.
  3. FY2022MitigatedAnnual report

    「Pulse Injector® (hereinafter, “PIJ”) actively approached university laboratories and the R&D departments of individual companies, primarily through web conferences, as the R&D activities of universities and customer companies recovered fully. As a result, it increased substantially year on year.」

    The impact of customers' cuts in development expenditure and cancellation of projects has been partially mitigated as research and development activities at customer companies and universities have recovered and PIJ-related revenue has increased significantly year on year.
  4. FY2022-Q3RestatedAnnual report

    「Pulse Injector® (hereinafter, “PIJ”) is actively approaching university laboratories and the R&D departments of individual companies, with web conferences becoming the primary means as the R&D activities of universities and customer companies recover fully. We will continue promoting its expansion into multiple fields as a tool supporting R&D.」

    With the recognition that research and development activities at universities and customer companies have fully recovered, active approaches centered on Web-based meetings are continuing.
  5. FY2022-Q2RestatedAnnual report

    「Pulse Injector® (hereinafter, PIJ) is making active approaches to university laboratories and the research and development departments of companies, with Web-based meetings at the center, as research and development activities at universities and customer companies have fully recovered.」

    Research and development activities at universities and customer companies have fully recovered, and active approaches centered on Web-based meetings are continuing.
  6. FY2022-Q1MitigatedAnnual report

    「Pulse Injector® (hereinafter, PIJ) is making active approaches to university laboratories and the research and development departments of companies, with Web-based meetings at the center, as research and development activities at universities and customer companies have fully recovered.」

    Research and development activities at universities and customer companies are described as having fully recovered, and the impact of customers' cuts in development expenditure and cancellation of research projects described in the previous fiscal year has shifted to a description of recovery.
  7. FY2021MitigatedAnnual report

    「Pulse Injector® (hereinafter, PIJ) is making active approaches, centered on Web-based meetings, to university laboratories and the research and development departments of companies as research and development activities at universities and customer companies get fully underway.」

    Research and development activities at universities and customer companies have fully resumed, and active approaches centered on Web-based meetings are being made. The impact of customers' cuts in development expenditure and cancellation of projects described in the previous fiscal year has shifted to a description of recovery.
  8. FY2021-Q1First statedAnnual report

    「Pulse Injector® (hereinafter, PIJ) has been affected by customers' cuts in development expenditure and the cancellation of research projects, but is approaching university laboratories and the research and development departments of companies.」

    The risk that customers' cuts in development expenditure and cancellation of research projects are affecting PIJ's business is described for the first time as an independent factor.
Moved together

"Horizontal Expansion of Functional Precision Molded Products" moved the same way as this thread, in the same document, in 3 of its 8 moves.

333222★123456
  1. ★This thread
  2. 1Horizontal Expansion of Functional Precision Molded Products3×
  3. 2Expanding Sales and Achieving Profitability3×
  4. 3Contraction of the Digital Camera Market3×
  5. 4Full-scale operation of new-material production facilities2×
  6. 5Securing Profits Through Cost Reductions and Reviews of Various Expenses2×
  7. 6Expansion of PIJ’s Medical and Research Applications and Industry–Academia Collaboration2×

★ 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.

When this could move next
No upcoming earnings preview for Cluster Technology yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Customers’ Cuts to Development Spending and Discontinuation of Research Projects | CLUSTER TECHNOLOGY CO.,LTD. (4240) | Komori