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Fujikura Composites (5121) · RiskRestated

Profit Decline in the Printing Materials Segment Due to the Downturn in the Printing Market

First written in FY2017-Q2. 6 of 26 entries say "Worsened", first in FY2019. Latest entry: FY2024-Q3.

26entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q2 – FY2019-Q3WorsenedFY2019 – FY2021-Q3MitigatedFY2022-Q1 – FY2023-Q22016: 12017: 420172018: 420182019: 420192020: 320202021: 320212022: 220222023: 420232024: 1
Same theme, other companies
Weakness in Materials and Equipment for Printing and Plate-MakingA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

Fujikura Composites moved to the "Worse" side of this theme in 2019.

0 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.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3RestatedAnnual report

    「The Printing Materials segment reported higher revenue and higher profit, as orders for both domestic and overseas markets increased after the business-exit announcement and the weaker yen also had an effect.」

    The company reiterated the higher revenue and higher profit driven by increased orders for domestic and overseas markets after the business-exit announcement and the weaker yen.
  2. FY2024-Q2MitigatedAnnual report

    「The Printing Materials segment reported higher revenue and higher profit, as orders for both domestic and overseas markets increased after the business-exit announcement and the weaker yen also had an effect.」

    Orders for domestic and overseas markets increased after the business-exit announcement, and the weaker yen also contributed, shifting results from higher revenue and lower profit in the previous quarter to higher revenue and higher profit.
  3. FY2024-Q1Orders increased after the exit announcement, but higher costs reduced profitAnnual report

    「The Printing Materials segment reported higher revenue but lower profit. Orders increased in Japan and the United States after the business-exit announcement, but the company was unable to pass higher raw-material and energy costs through to selling prices quickly enough.」

    Although orders increased in Japan and the United States after the business-exit announcement, the company was unable to pass higher raw-material and energy costs through to selling prices sufficiently, resulting in higher revenue but lower profit.
  4. FY2023MaterialisedAnnual report

    「In recent years, the offset-printing market has been shrinking, while the business environment has become more challenging due to environmental requirements and rising raw-material and energy costs. In response, we have worked to consolidate product lines, reduce costs and review our production structure. However, we determined that it would be difficult to maintain and renew aging production facilities and secure stable profitability over the long term.」

    The contraction of the printing market and the cost and equipment burden led to the decision to exit the business and recognition of a ¥202.728 million impairment loss.
  5. FY2023-Q3RestatedAnnual report

    「The Printing Materials segment reported higher revenue and higher profit, supported by the recovery in export orders and the weaker yen.」

    The company reiterated the situation of higher revenue and higher profit, supported by recovering export orders and the weaker yen.
  6. FY2023-Q2AdvancedAnnual report

    「The Printing Materials segment reported higher revenue and higher profit, supported by the recovery in export orders and the weaker yen.」

    Against a backdrop of recovering export orders and the weaker yen, results progressed from the previous lower revenue and lower profit to higher revenue and higher profit.
  7. FY2023-Q1MitigatedAnnual report

    「The Printing Materials segment reported higher revenue and higher profit, supported by the recovery in export orders and the weaker yen.」

    Against a backdrop of recovering export orders and the weaker yen, results changed from the previous sluggish orders and lower revenue and lower profit to higher revenue and higher profit.
  8. FY2022-Q2AdvancedAnnual report

    「The Printing Materials segment reported higher revenue and a narrower loss, as export orders recovered and the production structure was reviewed.」

    As export orders recovered and following a review of the production structure, results progressed from the previous lower revenue and lower profit and lower revenue and higher profit to higher revenue and a narrower loss.
  9. FY2022-Q1MitigatedAnnual report

    「The Printing Materials segment reported lower revenue but higher profit. Although the recovery in orders was delayed, this resulted from a review of its production structure.」

    Although the recovery in orders remained delayed, a review of the production structure shifted results from the previous lower revenue and lower profit to lower revenue and higher profit.
  10. FY2021-Q3WorsenedAnnual report

    「The Printing Materials segment reported lower revenue and lower profit after being affected worldwide by the spread of COVID-19.」

    The global impact of the spread of COVID-19, rather than individual trends in high-value-added products and other items, was cited as the factor behind lower revenue and lower profit in the Printing Materials segment.
  11. FY2021-Q2WorsenedAnnual report

    「The Printing Materials segment reported lower revenue and lower profit. Sales of newspaper blankets increased, but domestic commercial-printing blankets and exports were affected by the sluggish market as well as the spread of COVID-19.」

    Although sales of newspaper blankets increased, domestic commercial-printing blankets and exports were affected by the sluggish market and COVID-19, resulting in lower revenue and lower profit.
  12. FY2021-Q1WorsenedAnnual report

    「The Printing Materials segment reported lower revenue and profit as domestic commercial-printing blankets and exports were affected by the spread of COVID-19, despite higher sales of newspaper blankets.」

    Although sales of newspaper blankets increased, domestic commercial-printing blankets and exports were affected by the spread of COVID-19, resulting in lower revenue and lower profit.
  13. FY2020-Q3WorsenedAnnual report

    「The Printing Materials segment reported lower revenue and profit as sales of high-value-added products and newspaper blankets increased, but domestic commercial-printing blankets and exports declined.」

    Although sales of high-value-added products and other items increased, lower sales of domestic commercial-printing blankets and exports resulted in lower revenue and profit.
  14. FY2020-Q2WorsenedAnnual report

    「The Printing Materials segment reported lower revenue and profit as it was affected by lower orders from overseas sales companies, although high-value-added products continued to perform well.」

    Although high-value-added products performed well, lower orders from overseas sales companies resulted in lower revenue and profit, representing a deterioration from the previous quarter's revenue maintenance.
  15. FY2020-Q1MaterialisedAnnual report

    「The Printing Materials segment reported lower revenue and profit as it was affected by inventory adjustments in overseas markets, although high-value-added products continued to perform well.」

    While high-value-added products performed well, inventory adjustments in overseas markets were reflected in the results as a factor behind lower revenue and profit.
  16. FY2019WorsenedAnnual report

    「The Printing Materials segment launched new products and worked to expand sales, but reported lower profit as it was unable to secure orders in Japan or overseas in line with expectations.」

    Although new products were launched and sales expansion activities were carried out, orders could not be secured in Japan or overseas as expected, resulting in lower profit.
  17. FY2019-Q3RestatedAnnual report

    「The Printing Materials segment maintained revenue, supported by high-value-added products, but reported lower profit due to higher manufacturing costs.」

    It reiterates the situation in which revenue was maintained through high-value-added products, while higher manufacturing costs resulted in lower profit.
  18. FY2019-Q2Lower profit due to higher manufacturing costsAnnual report

    「The Printing Materials segment maintained revenue, supported by high-value-added products, but reported lower profit due to higher manufacturing costs.」

    While revenue was maintained through high-value-added products, higher manufacturing costs became a factor behind lower profit.
  19. FY2019-Q1Maintaining revenue with high-value-added productsAnnual report

    「The Printing Materials segment maintained revenue, supported by high-value-added products.」

    The Printing Materials segment maintained revenue, supported by high-value-added products.
  20. FY2018Delayed overseas launches of new products and successful domestic sales expansionAnnual report

    「The Printing Materials segment reported higher revenue as the launch of new products was delayed in overseas markets, but sales expansion activities for high-performance products proved successful in Japan.」

    While a delay in launching new products overseas was reported, revenue increased in Japan through expanded sales of high-performance products.
  21. FY2018-Q3RestatedAnnual report

    「The Printing Materials segment reported that orders for development products and newspaper printing products in Japan continued to perform well.」

    Following the previous quarter, which reported lower orders due to overseas inventory adjustments, it reports strong orders for development products and newspaper printing products in Japan.
  22. FY2018-Q2Lower orders due to overseas inventory adjustments and strong domestic ordersAnnual report

    「Although orders declined partly due to inventory adjustments by overseas customers, orders for development products and newspaper printing products in Japan continued to perform well.」

    While orders declined due to inventory adjustments by overseas customers, it states that development products and newspaper printing products in Japan performed well. The situation changed from the previously weak profit performance to one with mixed impacts.
  23. FY2018-Q1MitigatedAnnual report

    「Although orders declined partly due to inventory adjustments by overseas customers, profit increased as orders for higher-margin products rose.」

    Although orders declined due to inventory adjustments by overseas customers, profit increased as orders for higher-margin products rose, mitigating the impact of the previously weak profit performance.
  24. FY2017MaterialisedAnnual report

    「The Printing Materials segment maintained domestic revenue at the previous year's level, but profit remained weak due to the impact of foreign exchange rates overseas.」

    The impact of foreign exchange rates is reflected in weak profit in the overseas printing materials business.
  25. FY2017-Q3MaterialisedAnnual report

    「The Printing Materials segment maintained domestic revenue at the previous year's level, but export revenue declined due to the impact of foreign exchange rates.」

    The impact of foreign exchange rates is reflected in the Printing Materials segment's lower export revenue.
  26. FY2017-Q2First statedAnnual report

    「The Printing Materials segment reported lower profit due to weakness in the printing market and the impact of the stronger yen.」

    Profit in the Printing Materials segment has declined due to weakness in the printing market and the impact of the stronger yen.
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