Dependence on Heating Equipment and the Impact of Weather and Temperatures
First written in FY2016. 6 of 17 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Dainichi moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).
The whole theme swung hardest in 2019: 7 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「We are working to reduce the impact of fluctuations in performance caused by weather and declining demand for oil-fired heating equipment by improving the profitability of oil-fired heating equipment and increasing the sales mix of products other than heating equipment.」
The share of heating equipment sales declined from 68.1% in the previous period to 66.7%, while the shares of environmental equipment and other products increased. This change is consistent with the policy of reducing dependence on weather and demand for oil-fired heating equipment. - FY2024MitigatedAnnual report
「We are working to reduce fluctuations in performance caused by weather by increasing the sales mix of environmental equipment.」
The share of heating equipment sales declined from 76.8% in the previous period to 73.4%, while the share of environmental equipment rose from 17.2% to 20.0%. Dependence on heating equipment and weather-related impacts remains, but the sales mix indicates a move to reduce that dependence. - FY2024-Q3MaterialisedAnnual report
「However, sales declined because temperatures remained relatively high throughout the demand season, resulting in heating equipment sales of ¥13.890 billion, down 9.0% year on year.」
Temperatures remained relatively high throughout the demand season, and sales of heating equipment declined 9.0% year on year. The risk of weather and temperatures affecting heating equipment sales materialised during the period. - FY2023WorsenedAnnual report
「We are highly dependent on heating equipment, which accounts for more than 60% of sales. As a result, our performance may be affected by weather and temperature, particularly in winter.」
Heating equipment accounted for 69.7% of sales in the previous period and 76.8% in the current period, indicating increased dependence on weather and temperatures. The share of environmental equipment declined from 23.4% to 17.2%. - FY2022MaterialisedAnnual report
「We are highly dependent on heating equipment, which accounts for more than 60% of sales. As a result, our performance may be affected by weather and temperature, particularly in winter.」
The sales mix of heating equipment increased from 65.4% in the previous fiscal year to 69.7% in the current fiscal year, while environmental equipment decreased from 30.2% to 23.4%. Heating equipment sales also fell below the previous fiscal year because of the market contraction, and the impact of weather and temperature was reflected in full-year performance. - FY2021MitigatedAnnual report
「We are working to reduce fluctuations in performance caused by weather by increasing the sales mix of environmental equipment.」
The sales mix of heating equipment decreased from 69.4% in the previous fiscal year to 65.4%, while environmental equipment increased from 24.7% to 30.2%. Although the company is reducing its dependence on weather, heating equipment still accounts for more than 60% of sales. - FY2021-Q3Market expansion driven by cold air and La NiñaAnnual report
「In the oil-fired heating equipment industry, our core business area, meandering westerlies and the La Niña phenomenon caused cold air from the continent to flow toward Japan from mid-December onward, and conditions continued to favor a strengthening winter pressure pattern. As a result, the market expanded year on year.」
The company states that the oil-fired heating equipment market expanded year on year against a backdrop of cold air flowing in because of meandering westerlies and the La Niña phenomenon. The impact of weather and temperature was evident, but the weather risk itself was not eliminated. - FY2020SoftenedAnnual report
「We are highly dependent on heating equipment, which accounts for more than 60% of sales. As a result, our performance may be affected by weather and temperature, particularly in winter.」
The stated dependence on heating equipment declined from “more than 70%” to “more than 60%,” while the actual share for the fiscal year was 69.4%. The company also states that it intends to reduce the impact of weather by increasing the sales mix of environmental equipment. - FY2020-Q3MaterialisedAnnual report
「However, sales of heating equipment fell below the results for the same period of the previous year because the entire demand season was affected by a warm winter trend.」
The company states that a warm winter trend occurred throughout the demand season and that heating equipment sales fell below the results for the same period of the previous year. The risk of weather and temperature affecting performance materialized. - FY2019SoftenedAnnual report
「We are highly dependent on heating equipment, which accounts for more than 70% of sales. As a result, our performance may be affected by weather and temperature.」
The stated dependence on heating equipment sales changed from “more than 80%” to “more than 70%,” while the actual share for the fiscal year was 76.4%. At the same time, heating equipment sales fell below the previous fiscal year because of a warm winter throughout the demand season, and the weather risk materialized. - FY2019-Q3MaterialisedAnnual report
「However, sales of heating equipment fell below the results for the same period of the previous year because the entire demand season was affected by a warm winter trend.」
The company states that a warm winter trend occurred and that heating equipment sales fell below the results for the same period of the previous year. The risk of weather and temperature affecting performance materialized. - FY2019-Q2RestatedAnnual report
「Our core products, oil-fired heating equipment, have established a strong position in the industry because customers value our ability to supply products promptly through production at our own factories in Japan and our quality-assurance system, which enables them to use our products with confidence.」
The company reiterates that heating equipment is its core product and that its domestic production and quality-assurance systems are valued. No new changes are indicated regarding dependence on heating equipment or the impact of weather and temperature. - FY2019-Q1RestatedAnnual report
「Because sales of our core heating equipment products are concentrated in the winter season,」
The company reconfirms the structure of its core business, which is centered on heating equipment and affected by weather and seasonality. No new figure or material change in the share of sales is indicated. - FY2017RestatedAnnual report
「We are highly dependent on heating equipment, which accounts for more than 80% of sales. As a result, our performance may be affected by weather and temperature.」
The company reconfirms that heating equipment accounts for more than 80% of sales and that the business is affected by weather and temperature. The current fiscal year’s disclosure does not cite a new decline in sales caused by a warm winter. - FY2016MaterialisedAnnual report
「We are highly dependent on heating equipment, which accounts for more than 80% of sales. As a result, our performance may be affected by weather and temperature. Sales declined because of the record warm winter in November and December, the peak sales season.」
The company states that heating equipment accounts for more than 80% of sales and that sales declined during the fiscal year because of a record warm winter.