Komori
Wise Holdings (5955) · RiskMitigated

Sluggish Orders in the Wire and Cable Business Due to Inventory Adjustments and Other Factors

First written in FY2017-Q2. 16 of 34 entries say "Mitigated", first in FY2021-Q1. Latest entry: 2026-11-02.

34entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2020-Q1MitigatedFY2021-Q1 – FY2024-Q1WorsenedFY2024 – FY2025-H12016: 12017: 420172018: 420182019: 420192020: 420202021: 320212022: 420222023: 420232024: 220242025: 020252026: 42026
Same theme, other companies
Decline in revenue and profit due to sluggish ordersA theme 9 companies write about · 9 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.

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

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. FY2026MitigatedAnnual report

    「In the electronic components business, orders remained on a recovery trend, resulting in revenue of ¥1,787 million, up 22.7% from the previous consolidated fiscal year, and operating profit of ¥40 million, compared with an operating loss of ¥1 million in the previous consolidated fiscal year.」

    Orders in the electronic components business moved toward recovery, with revenue up 22.7% and results improving from an operating loss to operating profit of ¥40 million.
  2. 2026-05-07MitigatedRevisions to earnings forecasts

    「In the electronic components business, orders remained on a recovery trend, resulting in revenue of ¥1,787 million, up 22.7% from the previous consolidated fiscal year, and operating profit of ¥40 million, compared with an operating loss of ¥1 million in the previous consolidated fiscal year.」

    電子部品事業の受注回復により、在庫調整等を背景とした受注低迷が業績面で緩和方向となった。
  3. FY2025-H1MaterialisedAnnual report

    「In the Electronic Components Business, excess inventories continued at manufacturers and trading companies. Net sales were ¥678 million, down 12.9% from the previous interim consolidated accounting period, and the company posted an operating loss of ¥6 million, compared with operating profit of ¥30 million in the previous interim consolidated accounting period.」

    In the electronic components business, excess inventory at manufacturers and trading companies continued, resulting in a 12.9% decline in revenue and a shift from operating profit of ¥30 million in the previous year to an operating loss of ¥6 million. The risks from sluggish orders and inventory adjustments were reflected in the results.
  4. FY2024WorsenedAnnual report

    「Electronic Components Business 1,323,007 25.0% decline 353,326 47.3% decline」

    Following the name change to the Electronic Components Business, orders received declined 25.0% year on year and the order backlog declined 47.3%. Net sales increased following the consolidation of Yamaya Electronics as a subsidiary, but a decline in orders was reported.
  5. FY2024-Q2ReframedAnnual report

    「Effective from the second quarter, the name of the reporting segment was changed from the Wire and Cable Business to the Electronic Components Business. In the Electronic Components Business, orders remained robust, but higher prices for raw materials and other inputs and M&A expenses related to the acquisition of Yamaya Electronics Co., Ltd., among other factors, resulted in net sales of ¥778 million, up 1.6% year on year, and operating profit of ¥30 million, down 8.2%.」

    The former Wire and Cable Business was renamed the Electronic Components Business. The description shifted from the previous focus on sluggish orders to one of robust orders, with higher raw material prices and M&A expenses weighing on profit.
  6. FY2024-Q1MitigatedAnnual report

    「In the Wire and Cable Business, robust orders resulted in net sales of ¥398 million, up 4.5% year on year, and operating profit of ¥26 million, up 66.5%.」

    In the Wire and Cable Business, orders remained robust, and net sales and operating profit increased year on year. The risk of sluggish orders continued to ease.
  7. FY2023MitigatedAnnual report

    「In the Wire and Cable Business, robust orders resulted in net sales of ¥1,621 million, up 8.5% from the previous fiscal year, and operating profit of ¥97 million, up 24.5%.」

    In the Wire and Cable Business, orders remained robust, and net sales and operating profit increased year on year. The risk of sluggish orders eased.
  8. FY2023-Q3MitigatedAnnual report

    「In the Wire and Cable Business, robust orders resulted in net sales of ¥1,204 million, up 11.4% year on year, and operating profit of ¥73 million, up 24.6%.」

    In the Wire and Cable Business, orders remained robust, and net sales and operating profit increased year on year. The risk of sluggish orders continued to ease.
  9. FY2023-Q2MitigatedAnnual report

    「In the Wire and Cable Business, orders remained robust, but higher prices for raw materials and other inputs resulted in net sales of ¥766 million, up 11.1% year on year, and operating profit of ¥33 million, down 4.9%.」

    In the Wire and Cable Business, orders remained robust and the risk of sluggish orders eased. However, operating profit declined because of higher raw material prices.
  10. FY2023-Q1MitigatedAnnual report

    「In the Wire and Cable Business, robust orders resulted in net sales of ¥381 million, up 13.7% year on year, and operating profit of ¥15 million, down 18.0%.」

    In the Wire and Cable Business, orders remained robust and net sales increased year on year. The risk of sluggish orders eased, while operating profit declined.
  11. FY2022MitigatedAnnual report

    「Although the Wire and Cable Business had remained in a difficult situation because of sluggish orders in recent years, orders entered a recovery trend. Net sales were ¥1,494 million, up 27.3% from the previous fiscal year, and operating profit was ¥78 million, up 68.9%.」

    Although difficult conditions caused by sluggish orders continued, orders entered a recovery trend, and net sales and operating profit increased. Operating profit rose 68.9% year on year.
  12. FY2022-Q3MitigatedAnnual report

    「Although the Wire and Cable Business had remained in a difficult situation because of sluggish orders in recent years, orders entered a recovery trend. Net sales were ¥1,080 million, up 25.1% year on year, and operating profit was ¥59 million, up 63.1%.」

    Although difficult conditions caused by sluggish orders continued, orders entered a recovery trend, and net sales and operating profit increased year on year.
  13. FY2022-Q2MitigatedAnnual report

    「Although the Wire and Cable Business had remained in a difficult situation because of sluggish orders in recent years, orders entered a recovery trend. Net sales were ¥689 million, up 17.3% year on year, and operating profit was ¥35 million, up 41.2%.」

    Although difficult conditions caused by sluggish orders continued, orders entered a recovery trend, and net sales and operating profit increased year on year.
  14. FY2022-Q1MitigatedAnnual report

    「Although the Wire and Cable Business had remained in a difficult situation because of sluggish orders in recent years, orders entered a recovery trend. Net sales were ¥335 million, up 13.2% year on year, and operating profit was ¥19 million, up 41.9%.」

    Although difficult conditions caused by sluggish orders continued, orders entered a recovery trend, and net sales and operating profit increased year on year.
  15. FY2021MitigatedAnnual report

    「The Wire and Cable Business remained in a difficult situation because of sluggish orders in recent years. Under these conditions, the company worked to reduce expenses and secure orders. As a result, net sales were ¥1,173 million, down 2.0% from the previous fiscal year, and operating profit was ¥46 million, compared with an operating loss of ¥0 million in the previous fiscal year.」

    Although difficult conditions caused by sluggish orders continued, results improved from an operating loss to operating profit of ¥46 million.
  16. FY2021-Q2MitigatedAnnual report

    「The Wire and Cable business has remained in a difficult situation in recent years due to sluggish orders. Against this backdrop, we have worked to reduce expenses and secure orders. As a result, revenue was ¥588 million, down 4.3% year on year, and operating income was ¥24 million, compared with an operating loss of ¥8 million in the same quarter of the previous year.」

    Although difficult conditions caused by sluggish orders continued, results improved from an operating loss of ¥8 million in the same quarter of the previous year to operating profit of ¥24 million.
  17. FY2021-Q1MitigatedAnnual report

    「In the Electric Wire and Cable business, difficult conditions have continued in recent years due to sluggish orders. Under these conditions, the company worked to reduce costs and secure orders. Revenue was ¥296 million, down 4.2% year on year, while operating profit was ¥13 million, compared with an operating loss of ¥7 million in the same quarter of the previous year.」

    Although difficult conditions caused by sluggish orders continued, results improved from an operating loss of ¥7 million to operating profit of ¥13 million.
  18. FY2020WorsenedAnnual report

    「Although the Wire and Cable Business worked to reduce expenses, it remained in a difficult situation because of sluggish orders in recent years. As a result, net sales were ¥1,197 million, down 14.6% from the previous fiscal year, and the company posted an operating loss of ¥0 million, compared with operating profit of ¥34 million in the previous fiscal year.」

    Sluggish orders continued, net sales declined 14.6%, and results shifted from operating profit of ¥34 million to an operating loss of ¥0 million.
  19. FY2020-Q3WorsenedAnnual report

    「As a result, net sales were ¥887 million, down 17.9% year on year, and the company posted an operating loss of ¥17 million, compared with operating profit of ¥25 million in the same quarter of the previous year.」

    In the Wire and Cable Business, sluggish orders continued, with net sales down 17.9% year on year and results shifting from operating profit of ¥25 million to an operating loss of ¥17 million.
  20. FY2020-Q2WorsenedAnnual report

    「Although the Wire and Cable Business worked to reduce expenses, it remained in a difficult situation because of sluggish orders in recent years. As a result, net sales were ¥614 million, down 15.5% year on year, and the company posted an operating loss of ¥8 million, compared with operating profit of ¥27 million in the same quarter of the previous year.」

    Amid continued sluggish orders, net sales declined 15.5% year on year, and results shifted from operating profit of ¥27 million to an operating loss of ¥8 million.
  21. FY2020-Q1RestatedAnnual report

    「Although the company has worked to reduce costs in the Electric Wire and Cable business, difficult conditions have continued in recent years due to sluggish orders.」

    The company reiterated the continuation of sluggish orders and difficult conditions in the Wire and Cable Business in recent years.
  22. FY2019RestatedAnnual report

    「The Wire and Cable Business has remained in a difficult situation in recent years because of sluggish orders.」

    The company reiterated the continuation of sluggish orders and difficult conditions in the Wire and Cable Business in recent years.
  23. FY2019-Q3RestatedAnnual report

    「The Wire and Cable Business has remained in a difficult situation in recent years because of sluggish orders.」

    The company reiterated the continuation of sluggish orders and difficult conditions in the Wire and Cable Business in recent years.
  24. FY2019-Q2RestatedAnnual report

    「The Wire and Cable Business has remained in a difficult situation in recent years because of sluggish orders.」

    The company reiterated the continuation of sluggish orders and difficult conditions in the Wire and Cable Business in recent years.
  25. FY2019-Q1RestatedAnnual report

    「The Wire and Cable Business has remained in a difficult situation in recent years because of sluggish orders.」

    The company reiterated the continuation of sluggish orders and difficult conditions in the Wire and Cable Business in recent years.
  26. FY2018RestatedAnnual report

    「The Wire and Cable Business has remained in a difficult situation in recent years because of sluggish orders.」

    The company reiterated that sluggish orders and difficult conditions in the Wire and Cable Business had continued in recent years.
  27. FY2018-Q3RestatedAnnual report

    「The Wire and Cable Business has remained in a difficult situation in recent years because of sluggish orders.」

    The company continued to describe sluggish orders and difficult conditions in the Wire and Cable Business in recent years.
  28. FY2018-Q2RestatedAnnual report

    「The Wire and Cable Business has remained in a difficult situation in recent years because of sluggish orders.」

    The company continued to describe sluggish orders and difficult conditions in the Wire and Cable Business in recent years.
  29. FY2018-Q1RestatedAnnual report

    「The Wire and Cable Business has remained in a difficult situation in recent years because of sluggish orders.」

    The company reiterated that sluggish orders and difficult conditions in the Wire and Cable Business had continued in recent years.
  30. FY2017RestatedAnnual report

    「The Wire and Cable Business remained in a difficult situation because of sluggish orders resulting from inventory adjustments and other factors at existing customers. However, supported by the improvement in the cost ratio, net sales were ¥1,318 million, down 9.2% from the previous fiscal year, and operating profit was ¥26 million, up 52.1%.」

    In the Wire and Cable Business, sluggish orders due to inventory adjustments and other factors continued. Net sales declined 9.2%, while operating profit increased 52.1% because of the improved cost ratio.
  31. FY2017-Q3RestatedAnnual report

    「Although difficult conditions have continued due to sluggish orders caused by inventory adjustments and other factors at existing customers, improvements in the cost ratio also contributed, resulting in revenue of ¥985 million, down 11.7% year on year, and operating income of ¥17 million, up 4.7%.」

    Sluggish orders due to inventory adjustments and other factors at existing customers continued. Net sales declined 11.7% year on year, but operating profit increased year on year.
  32. FY2017-Q2First statedAnnual report

    「Although difficult conditions have continued due to sluggish orders caused by inventory adjustments and other factors at existing customers, improvements in the cost ratio also contributed, resulting in revenue of ¥660 million, down 10.5% year on year, and operating income of ¥10 million, up 19.7%.」

    Sluggish orders due to inventory adjustments and other factors at existing customers were cited as the actual business conditions. Net sales declined 10.5% year on year.
Moved together

"Securing Orders" moved the same way as this thread, in the same document, in 13 of its 34 moves.

1312111099★123456
  1. ★This thread
  2. 1Securing Orders13×
  3. 2Composition of Other businesses, including the Chemical Products business12×
  4. 3Building a stable earnings base11×
  5. 4Decline in domestic orders and deterioration in profitability in the metal products business10×
  6. 5Stagnation in Domestic Demand and Production in the Automotive Industry9×
  7. 6Foreign Exchange Fluctuations Related to Translation of Overseas Subsidiaries' Financial Statements9×

★ 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
Wise Holdings's next results are scheduled for 2026-11-02. Read the earnings preview It last moved in the Earnings of 2026-11-02: "Mitigated".
News
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