Komori
Fujikura Composites (5121) · RiskMaterialisedLatest General Meeting of Shareholders (2026-06-01): "Advanced"

Domestic Production Contraction and Deteriorating Equipment Profitability Due to the Transfer of Production Overseas

First written in FY2017. 6 of 11 entries say "Restated". Latest entry: 2026-06-01.

11entries
10years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2022-Q32017: 220172018: 420182019: 120192020: 120202021: 020212022: 120222023: 020232024: 020242025: 120252026: 12026
Same theme, other companies
Impairment of fixed assets associated with factory restructuring and overseas manufacturing transfersA theme 14 companies write about · 15 as a headwind · 0 as a tailwind

Fujikura Composites moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).

The whole theme swung hardest in 2025: 6 of 7 companies on the "Worse" side.

2 other companies' latest entry also says "Advanced".

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. 2026-06-01AdvancedGeneral Meeting of Shareholders

    「当社は、2026年5月22日の取締役会において、生産拠点の一つである加須工場を閉鎖し、他の生産拠点へ集約することを決議いたしました。製造コストの低減、資材調達の一元化、および生産ラインの稼働率向上を図り、経営資源の最適化を進め、中長期的な収益力を維持・強化してまいります。」

    生産拠点の集約による製造コスト低減・稼働率向上の具体策を決議したと記載している。
  2. FY2025MaterialisedAnnual report

    「Anji Fujikura Rubber Co., Ltd. (China) Idle assets Machinery and transportation equipment 96,219」

    An impairment loss of ¥96.219 million was recognized for idle machinery and transportation equipment at the Chinese subsidiary in Anji, with the recoverable amount set at zero.
  3. FY2022-Q3Asset estimates revised following consideration of relocating overseas production basesAnnual report

    「The company reassessed the value of the property, plant and equipment of its Chinese subsidiary at the end of its useful lives, following the cancellation of the Chinese subsidiary's factory-site contract announced in September 2020 and the commencement of consideration of relocating overseas production bases under the Sixth Medium-Term Management Plan announced in June 2021.」

    The company stated that it had reassessed the future value of property, plant and equipment following the cancellation of the Chinese subsidiary's factory-site contract and the commencement of consideration of relocating overseas production bases under the Sixth Medium-Term Management Plan.
  4. FY2021-Q2RestatedAnnual report

    「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no material new developments or changes regarding the decline in domestic production and deterioration in asset profitability following the transfer of production overseas.
  5. FY2019-Q3RestatedAnnual report

    「During the nine months ended December 2020, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the preceding fiscal year.」

    The company stated that there had been no material new developments or changes regarding the decline in domestic production and deterioration in asset profitability following the transfer of production overseas.
  6. FY2019-Q2RestatedAnnual report

    「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no material new developments or changes regarding the decline in domestic production and deterioration in asset profitability following the transfer of production overseas.
  7. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no new risks, and no material changes to existing risks.」

    The company stated that there had been no material new developments or changes regarding the decline in domestic production and deterioration in asset profitability following the transfer of production overseas.
  8. FY2018MaterialisedAnnual report

    「In the Industrial Materials segment and the Fabricated Products segment, profitability has deteriorated due to reduced domestic production following the transfer of production overseas and other factors. Accordingly, the carrying amounts of operating assets with reduced profitability were written down to their recoverable amounts, and the reduction for the current fiscal year was recognized as an impairment loss.」

    Reduced domestic production and deteriorating profitability following the transfer of production overseas continued, and an impairment loss of ¥78.078 million was recognized in the current consolidated fiscal year.
  9. FY2018-Q3RestatedAnnual report

    「During the nine months ended December 2020, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the preceding fiscal year.」

    The company stated that there had been no material new developments or changes regarding the decline in domestic production and deterioration in asset profitability following the transfer of production overseas.
  10. FY2018-Q2RestatedAnnual report

    「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no material new developments or changes regarding the decline in domestic production and deterioration in asset profitability following the transfer of production overseas.
  11. FY2017MaterialisedAnnual report

    「In the Industrial Materials segment and the Fabricated Products segment, profitability has deteriorated due to reduced domestic production following the transfer of production overseas and other factors. Accordingly, the carrying amounts of operating assets with reduced profitability were written down to their recoverable amounts, and the reduction for the current fiscal year was recognized as an impairment loss.」

    Reduced domestic production and deteriorating profitability following the transfer of production overseas led to an impairment loss of ¥80.453 million in the Industrial Materials segment and other operations.
Moved together

"Impact of Fluctuations in Crude Oil and Other Resource Prices on Material Costs and Operating Profit" moved the same way as this thread, in the same document, in 2 of its 11 moves.

22★12
  1. ★This thread
  2. 1Impact of Fluctuations in Crude Oil and Other Resource Prices on Material Costs and Operating Profit2×
  3. 2Lower orders for electrical materials due to a decline in power and telecommunications infrastructure construction2×

★ 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 Fujikura Composites yet. It last moved in the General Meeting of Shareholders of 2026-06-01: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.