Komori
Daido Steel (5471) · RiskRestated

Weak overseas demand for powder products used in automotive components

First written in FY2018-Q3. 5 of 13 entries say "Restated". Latest entry: FY2023-Q2.

13entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018-Q3 – FY2018MitigatedFY2019-Q2RestatedFY2020-Q2 – FY2021-Q2MitigatedFY2022-Q1 – FY20222018: 320182019: 220192020: 220202021: 320212022: 32022
Same theme, other companies
Weak demand for powder products for overseas automotive partsA 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
  1. FY2023-Q2RestatedAnnual report

    「Although volume of powder products decreased because of reduced automobile production, revenue increased year on year as higher prices for nickel and other materials were reflected in selling prices.」

    Although the decline in powder product volume caused by reduced automobile production continues, revenue is increasing as higher nickel prices are reflected in selling prices.
  2. FY2023-Q1WorsenedAnnual report

    「Although volume of powder products decreased because of reduced automobile production, revenue increased year on year as higher prices for nickel and other materials were reflected in selling prices.」

    The company reports that volume of powder products for automotive applications, for which recovery and revenue growth had been reported in the previous period, declined because of reduced automobile production. However, revenue increased as higher costs were reflected in selling prices.
  3. FY2022MitigatedAnnual report

    「Revenue increased from the previous fiscal year as demand for magnet products grew in automotive and semiconductor-related applications, while demand for powder products increased mainly in automotive-related applications.」

    Full-year revenue from magnet products and powder products, which had previously been declining, increased due to higher automotive and semiconductor-related demand.
  4. FY2022-Q2MitigatedAnnual report

    「Revenue increased year on year as demand for magnet products grew in automotive and semiconductor-related applications, while demand for powder products increased mainly in automotive-related applications.」

    Revenue from magnet products and powder products, which had previously been declining, increased year on year due to higher automotive-related and semiconductor-related demand.
  5. FY2022-Q1MitigatedAnnual report

    「Revenue increased year on year as demand for magnet products grew in automotive and semiconductor-related applications, while demand for powder products increased in automotive-related applications.」

    Revenue increased year on year as automotive-related demand for magnet products and powder products, including overseas demand that had previously been declining, increased.
  6. FY2021-Q3ReframedAnnual report

    「Demand for magnet products and powder products showed signs of recovery in automotive-related applications, but revenue decreased year on year.」

    Demand for magnet products and powder products, including overseas automotive-related demand, began to recover, while revenue continued to decline year on year.
  7. FY2021-Q2RestatedAnnual report

    「Revenue from magnet products and powder products also decreased because of lower automotive-related demand, mainly overseas.」

    Revenue from magnet products and powder products continues to decline because of lower automotive-related demand, mainly overseas.
  8. FY2021-Q1RestatedAnnual report

    「Revenue from magnet products and powder products also decreased because of lower automotive-related demand, mainly overseas.」

    Revenue from powder products and other products continues to decline because of lower automotive-related demand, mainly overseas.
  9. FY2020-Q2RestatedAnnual report

    「Revenue from powder products decreased due to lower overseas demand.」

    Revenue from powder products continues to decline because of lower overseas demand.
  10. FY2020-Q1WorsenedAnnual report

    「Revenue from powder products decreased due to lower overseas demand.」

    Overseas demand for powder products, for which a recovery had been reported in the previous period, declined, resulting in a renewed decrease in revenue.
  11. FY2019-Q2MitigatedAnnual report

    「Volume of powder products increased due in part to a recovery in overseas demand.」

    The company states that volume of powder products increased as overseas demand, including demand for overseas automotive components that had previously shown some weakness, recovered.
  12. FY2018RestatedAnnual report

    「Demand for powder products for hybrid vehicles and other applications remained firm, but some weakness was seen in demand for overseas automotive components, leaving volume unchanged from the previous fiscal year.」

    The company confirms for the full year some weakness in overseas demand for powder products for automotive components and firm demand for hybrid vehicles and other applications.
  13. FY2018-Q3First statedAnnual report

    「Although some weakness was seen in demand for powder products for overseas automotive components, demand for hybrid vehicles and other applications remained firm, leaving volume unchanged year on year.」

    The company reports that some weakness was seen in demand for powder products for overseas automotive components. Meanwhile, demand for hybrid vehicles and other applications remained firm, and powder product volume was unchanged year on year.
Moved together

"Growing demand for turbo-related products" moved the same way as this thread, in the same document, in 5 of its 13 moves.

544333★123456
  1. ★This thread
  2. 1Growing demand for turbo-related products5×
  3. 2Payment of Dividends on Common Stock4×
  4. 3Increase in Guarantee Obligations4×
  5. 4Resilient automotive demand driven by strong vehicle sales in North America and China3×
  6. 5Revenue and ordinary profit decline, while profit attributable to owners of the parent increases3×
  7. 6Decline in Overseas Demand Due to the Slowdown in the Chinese Economy3×

★ 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
Daido Steel's next results are scheduled for 2026-10-29. Read the earnings preview
News
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