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Kansai Paint (4613) · RiskMitigated

Decline in Equity-Method Investment Income Due to Intensified Competition in North America

First written in FY2017-Q3. 7 of 14 entries say "Mitigated", first in FY2020-Q1. Latest entry: FY2025-H1.

14entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2020-Q1 – FY2025-H12017: 320172018: 420182019: 220192020: 220202021: 120212022: 120222023: 020232024: 12024
Same theme, other companies
Intensifying Price Competition in Overseas MarketsA theme 17 companies write about · 17 as a headwind · 0 as a tailwind

Kansai Paint moved to the "Worse" side of this theme in 2017, 7 years before the typical company in this theme (2024).

The whole theme swung hardest in 2017: 4 of 10 companies on the "Worse" side.

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

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 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1MitigatedAnnual report

    「Profit significantly exceeded the previous year, as operating profit improved with the increase in sales and equity-method investment gains also increased.」

    In North America, equity-method investment gains increased, easing the previous earnings pressure caused by intensifying competition and other factors.
  2. FY2022-Q3MitigatedAnnual report

    「In North America, sales of coatings for automotive parts and other products exceeded the previous year following the recovery in vehicle production, and equity-method investment gains also increased.」

    In North America, the recovery in automotive production and the increase in equity-method investment gains eased the previous earnings pressure caused by intensifying competition and other factors.
  3. FY2022-Q2MitigatedAnnual report

    「In North America, sales of coatings for automotive parts and other products exceeded the previous year as automobile production recovered, and equity-method investment income also increased substantially.」

    In North America, the recovery in automotive production and a substantial increase in equity-method investment gains eased the previous earnings pressure caused by intensifying competition and other factors.
  4. FY2021-Q1MitigatedAnnual report

    「In North America, the Company worked to expand sales of coatings for automotive parts and other products in the industrial field, but sales fell below the previous year. As a result, segment revenue was ¥1,441 million, down 11.2% year on year, while ordinary income was ¥359 million, up 21.8%.」

    Although sales declined in North America, ordinary profit increased, and the situation indicating a decline in equity-method investment gains due to intensifying competition and other factors was partly eased.
  5. FY2020MitigatedAnnual report

    「In North America, sales grew as the company worked to expand sales of coatings for automotive parts and other products in the industrial sector, and equity-method investment gains also increased.」

    In North America, the increase in equity-method investment gains eased the full-year earnings pressure previously caused by intensifying competition and sluggish automotive production.
  6. FY2020-Q2MitigatedAnnual report

    「In North America, sales grew as the company worked to expand sales of coatings for automotive parts and other products in the industrial sector, and equity-method investment gains also increased.」

    In North America, equity-method investment gains increased, easing the previously reported decline in profit caused by intensifying competition.
  7. FY2020-Q1MitigatedAnnual report

    「In North America, sales grew as the company worked to expand sales of coatings for automotive parts and other products in the industrial sector, and equity-method investment gains also increased.」

    In North America, equity-method investment gains, which had previously been declining, increased, partly easing the earnings pressure from intensifying competition.
  8. FY2019-Q2WorsenedAnnual report

    「In North America, sales increased as the Company worked to expand sales of coatings for automotive parts and other products in the industrial field. However, automobile production remained sluggish, and equity-method investment income declined owing in part to intensifying competition. As a result, segment revenue was ¥2,969 million, up 7.6% year on year, and ordinary income was ¥398 million, down 34.3%.」

    Continued sluggish automotive production and intensifying competition in North America led to lower equity-method investment gains and a 34.3% year-on-year decline in ordinary profit.
  9. FY2019-Q1WorsenedAnnual report

    「In North America, sales increased as the Company worked to expand sales of coatings for automotive parts and other products in the industrial field. However, automobile production remained sluggish, and equity-method investment income declined owing in part to intensifying competition. As a result, segment revenue was ¥1,542 million, up 10.2% year on year, and ordinary income was ¥252 million, down 19.8%.」

    Continued sluggish automotive production and intensifying competition in North America led to lower equity-method investment gains and a 19.8% year-on-year decline in ordinary profit.
  10. FY2018RestatedAnnual report

    「In North America, automotive production remained sluggish, and equity-method investment gains declined partly due to the effects of intensifying competition and other factors.」

    The company restated for the full year the sluggishness of automotive production in North America and the decline in equity-method investment gains due to intensifying competition.
  11. FY2018-Q3RestatedAnnual report

    「Automotive production in North America remained sluggish, and equity-method investment gains declined partly due to the effects of intensifying competition and other factors.」

    The company restated the sluggishness of automotive production in North America and the decline in equity-method investment gains due to intensifying competition.
  12. FY2018-Q2WorsenedAnnual report

    「Automotive production in North America remained sluggish, and equity-method investment gains declined partly due to the effects of intensifying competition and other factors.」

    In addition to the previous decline in equity-method investment gains due to intensifying competition, sluggish automotive production in North America was also reported.
  13. FY2017RestatedAnnual report

    「Although automotive production in North America remained solid, equity-method investment gains declined due to intensifying competition and other factors.」

    The company restated the situation in which equity-method investment gains declined due to intensifying competition and other factors while automotive production in North America remained solid.
  14. FY2017-Q3MaterialisedAnnual report

    「Although automotive production in North America remained solid, equity-method investment gains declined due to intensifying competition and other factors.」

    The company stated that, while automotive production in North America remained solid, equity-method investment gains declined due to intensifying competition and other factors.
Moved together

"Rising Raw-Material Costs Amid Yen Depreciation" moved the same way as this thread, in the same document, in 8 of its 14 moves.

865544★123456
  1. ★This thread
  2. 1Rising Raw-Material Costs Amid Yen Depreciation8×
  3. 2Securing a North American manufacturing base and expanding the business through the acquisition of U.S. Paint Corporation6×
  4. 3Improving Profitability5×
  5. 4Guarantee obligations for borrowings of an affiliate5×
  6. 5Reducing Total Costs Through Organisational and Operational Optimisation4×
  7. 6Payment of dividends on common shares4×

★ 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 Kansai Paint yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in Equity-Method Investment Income Due to Intensified Competition in North America | KANSAI PAINT CO.,LTD. (4613) | Komori