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Nichia Steel Works (5658) · FactMitigatedLatest Earnings (2026-07-30): "Worsened"

Increase in Depreciation Expense Associated with Capital Investment in Prior Years

First written in FY2017-Q1. 22 of 33 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-07-30.

33entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2018-Q1 – FY2019MitigatedFY2021-Q3 – FY2022MitigatedFY2023-Q3 – FY2024-Q32016: 220162017: 320172018: 420182019: 420192020: 420202021: 420212022: 320222023: 320232024: 220242025: 120252026: 32026
Same theme, other companies
Higher Depreciation Expense Associated with Capital InvestmentA theme 27 companies write about · 27 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 7 of 19 companies on the "Worse" side.

6 other companies' latest entry also says "Worsened".

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 27 companies compared. The sentences above are computed from all 27.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-30WorsenedEarnings

    「Depreciation and amortization for the first quarter of the current fiscal year, including amortization of intangible fixed assets, was as follows.」

    Depreciation and amortization increased from ¥329.937 million in the same period of the previous year to ¥373.614 million in the current quarter.
  2. FY2026MitigatedAnnual report

    「Depreciation and amortization 1,414,462 1,406,718」

    Depreciation and amortization decreased slightly from ¥1,414 million in the previous fiscal year to ¥1,406 million, reducing the cost burden.
  3. 2026-05-14MitigatedEarnings

    「Depreciation and amortization 1,414,462 1,406,718」

    Depreciation and amortization decreased slightly year on year.
  4. FY2026-H1MitigatedAnnual report

    「Depreciation and amortization 672,707 671,927」

    Depreciation and amortization decreased slightly from ¥672.707 million in the previous interim period to ¥671.927 million.
  5. FY2025-H1WorsenedAnnual report

    「Depreciation and amortization 655,250 672,707」

    Depreciation and amortization increased from ¥655.250 million in the previous interim period to ¥672.707 million, increasing the cost burden year on year.
  6. FY2024-Q3MitigatedAnnual report

    「Depreciation and amortization ¥1,042.254 million ¥1,004.486 million」

    Depreciation and amortization decreased from ¥1,042.254 million in the same period of the previous year to ¥1,004.486 million, reducing the cost burden.
  7. FY2024-Q1MitigatedAnnual report

    「Depreciation and amortization ¥335.497 million ¥320.623 million」

    Depreciation and amortization decreased from ¥335.497 million in the same period of the previous year to ¥320.623 million, reducing the cost burden.
  8. FY2023MitigatedAnnual report

    「Depreciation and amortization 1,430,631 1,411,337」

    Depreciation and amortization decreased from ¥1,430.631 million in the previous fiscal year to ¥1,411.337 million, slightly reducing the cost burden associated with capital investments in prior years.
  9. FY2023-Q3MitigatedAnnual report

    「Depreciation and amortization ¥1,043.885 million ¥1,042.254 million」

    Depreciation and amortization for the nine-month period ended in the third quarter decreased slightly from ¥1,043.885 million in the same period of the previous year to ¥1,042.254 million.
  10. FY2023-Q1WorsenedAnnual report

    「Depreciation and amortization ¥334.180 million ¥335.497 million」

    Depreciation and amortization increased slightly from ¥334.180 million in the same period of the previous year to ¥335.497 million, increasing the cost burden year on year.
  11. FY2022MitigatedAnnual report

    「Depreciation and amortization 1,448,897 1,430,631」

    Depreciation and amortization decreased from ¥1,448.897 million in the previous fiscal year to ¥1,430.631 million, reducing the cost burden associated with capital investments in prior years.
  12. FY2022-Q3MitigatedAnnual report

    「Depreciation and amortization ¥1,121.839 million ¥1,043.885 million」

    Depreciation and amortization for the nine-month period ended in the third quarter decreased from ¥1,121.839 million in the same period of the previous year to ¥1,043.885 million, reducing the cost burden.
  13. FY2022-Q2MitigatedAnnual report

    「Depreciation and amortization 765,335 681,726」

    Depreciation and amortization for the six-month period ended in the second quarter decreased from ¥765.335 million in the same period of the previous year to ¥681.726 million, reducing the cost burden.
  14. FY2022-Q1MitigatedAnnual report

    「Depreciation and amortization ¥364.230 million ¥334.180 million」

    Depreciation and amortization decreased from ¥364.230 million in the same period of the previous year to ¥334.180 million, reducing the cost burden.
  15. FY2021MitigatedAnnual report

    「Depreciation and amortization 1,548,852 1,448,897」

    Depreciation and amortization decreased from ¥1,548.852 million in the previous fiscal year to ¥1,448.897 million, reducing the cost burden associated with capital investments in prior years.
  16. FY2021-Q3MitigatedAnnual report

    「Depreciation and amortization ¥1,148.439 million ¥1,121.839 million」

    Depreciation and amortization decreased from ¥1,148.439 million in the same period of the previous year to ¥1,121.839 million, reducing the cost burden year on year.
  17. FY2021-Q2WorsenedAnnual report

    「Depreciation and amortization 754,866 765,335」

    Depreciation and amortization for the six-month period ended in the second quarter increased from ¥754.866 million in the same period of the previous year to ¥765.335 million, with the cost burden increasing year on year.
  18. FY2021-Q1MitigatedAnnual report

    「Depreciation and amortization ¥368.570 million ¥364.230 million」

    Depreciation and amortization decreased from ¥368.570 million in the same period of the previous year to ¥364.230 million, resulting in a slight reduction in the cost burden.
  19. FY2020WorsenedAnnual report

    「Depreciation and amortization 1,530,010 1,548,852」

    Depreciation and amortization increased from ¥1,530 million in the previous fiscal year to ¥1,548 million, with the cost burden increasing year on year.
  20. FY2020-Q3WorsenedAnnual report

    「Depreciation and amortization ¥1,134.327 million ¥1,148.439 million」

    Depreciation and amortization increased from ¥1,134.327 million in the same period of the previous year to ¥1,148.439 million, with the cost burden associated with capital investments in prior years and other factors increasing year on year.
  21. FY2020-Q2WorsenedAnnual report

    「Depreciation and amortization 742,566 754,866」

    Depreciation and amortization for the six-month period ended in the second quarter increased from ¥742.566 million in the same period of the previous year to ¥754.866 million, resulting in a slight increase in the cost burden.
  22. FY2020-Q1WorsenedAnnual report

    「Depreciation expense ¥366.064 million ¥368.570 million」

    Depreciation and amortization increased from ¥366.064 million in the same period of the previous year to ¥368.570 million, with the cost burden associated with capital investments in prior years increasing slightly year on year.
  23. FY2019MitigatedAnnual report

    「Depreciation expense ¥1,600.149 million ¥1,530.010 million」

    Depreciation decreased from ¥1,600 million in the previous fiscal year to ¥1,530 million, and the reduction in the expense burden from capital investment in prior fiscal years continues.
  24. FY2019-Q3MitigatedAnnual report

    「Depreciation expense ¥1,180.571 million ¥1,134.327 million」

    Depreciation decreased from ¥1,180.571 million in the same period of the previous year to ¥1,134.327 million, indicating a reduction in the expense burden from capital investment in prior fiscal years.
  25. FY2019-Q2MitigatedAnnual report

    「Depreciation expense ¥776.573 million ¥742.566 million」

    Depreciation for the cumulative second-quarter period decreased from ¥776.573 million in the same period of the previous year to ¥742.566 million.
  26. FY2019-Q1MitigatedAnnual report

    「Depreciation expense ¥382.367 million ¥366.064 million」

    Depreciation decreased from ¥382.367 million in the same period of the previous year to ¥366.064 million.
  27. FY2018MitigatedAnnual report

    「Operating profit increased by ¥371 million (64.5%) from the previous fiscal year to ¥946 million, due to sales efforts and various cost improvements, as well as lower fixed manufacturing costs resulting from higher production and lower depreciation, and gains on inventory valuation.」

    Depreciation decreased to ¥1,600 million from ¥1,756 million in the previous fiscal year, and the lower fixed manufacturing cost burden resulting from reduced depreciation is identified as a factor improving profitability for the fiscal year.
  28. FY2018-Q3MitigatedAnnual report

    「Operating profit increased by ¥437 million (119.9%) year on year to ¥801 million, due to sales efforts and various cost improvements, as well as lower fixed manufacturing costs resulting from higher production and lower depreciation, and gains on inventory valuation,」

    Depreciation decreased from ¥1,311.627 million in the same period of the previous year to ¥1,180.571 million, and the lower fixed manufacturing cost burden resulting from reduced depreciation continues to be identified as a factor improving profitability.
  29. FY2018-Q2MitigatedAnnual report

    「Operating profit increased by ¥321 million (238.4%) year on year to ¥456 million, due to lower fixed costs resulting from higher production and lower depreciation, as well as gains on inventory valuation,」

    Depreciation decreased from ¥870.939 million in the same period of the previous year to ¥776.573 million, and the lower fixed-cost burden resulting from reduced depreciation is cited as a factor improving profitability.
  30. FY2018-Q1MitigatedAnnual report

    「Operating profit increased by ¥158 million (650.0%) year on year to ¥182 million, due to lower fixed manufacturing costs resulting from higher production and lower depreciation,」

    Depreciation decreased from ¥432.654 million in the same period of the previous year to ¥382.367 million, and lower fixed-cost burdens are identified as a factor improving profitability.
  31. FY2017-Q3RestatedAnnual report

    「Although depreciation increased due to capital investment through the previous fiscal year,」

    The higher depreciation burden from capital investment in prior fiscal years continues to be reported. Depreciation amounted to ¥1,311.627 million for the cumulative third-quarter period.
  32. FY2017-Q2RestatedAnnual report

    「Although depreciation increased due to capital investment through the previous fiscal year,」

    The higher depreciation burden from capital investment in prior fiscal years continues. Depreciation increased from ¥674.807 million in the same period of the previous year to ¥870.939 million.
  33. FY2017-Q1First statedAnnual report

    「Although depreciation increased due to capital investment through the previous fiscal year,」

    Capital investment in prior fiscal years has translated into an expense burden for the current quarter. Depreciation increased from ¥331.551 million in the same period of the previous year to ¥432.654 million.
Moved together

"Specialty Wire Products: Slump in the Power and Telecommunications Sectors and Narrower Losses" moved the same way as this thread, in the same document, in 22 of its 33 moves.

221919161515★123456
  1. ★This thread
  2. 1Specialty Wire Products: Slump in the Power and Telecommunications Sectors and Narrower Losses22×
  3. 2Decline in revenue and profit due to weaker demand for ordinary wire products in civil engineering and lower public-sector budgets19×
  4. 3Narrowing Valuation Differences on Investment Securities and Recognition of Impairment Losses19×
  5. 4Operating Profit Turns Profitable Despite Lower Sales, While Ordinary Profit and Net Income Decline16×
  6. 5Initiatives to Improve Profitability15×
  7. 6Debt Reduction and a Financial Base with a 68.5% Equity Ratio15×

★ 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 Nichia Steel Works yet. It last moved in the Earnings of 2026-07-30: "Worsened".
News
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Increase in Depreciation Expense Associated with Capital Investment in Prior Years | NICHIA STEEL WORKS,LTD. (5658) | Komori