Komori
Asaka Industrial (5962) · RiskDropped

Economic sanctions in export destinations and delays in product acceptance inspections

First written in FY2017-Q1. 7 of 12 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2020-Q2.

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How it moved
ProgressHeldSoftenedWorseMitigatedFY2017-Q2 – FY2018MaterialisedFY2019-Q1 – FY2019-Q32016: 220162017: 420172018: 420182019: 22019
Same theme, other companies
Risks related to the legal, political and economic environment in overseas marketsA theme 496 companies write about · 503 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 50 of 95 companies on the "Worse" side.

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 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 500 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2020-Q2DroppedAnnual report

    「Efforts to expand sales through channels in Central Africa and elsewhere and to other countries resulted in sales of ¥69 million, up 12.7% year on year,」

    The export explanation for the quarter no longer mentions the economic sanctions against Iran or expected orders from Iran, which had been reported through the previous quarter, and instead describes new distribution channels in Central Africa and elsewhere and sales expansion in other countries. It also states that there were no material changes in business and other risks.
  2. FY2019-Q3MaterialisedAnnual report

    「Although orders from Iran, a major sales destination, could not be expected due to the impact of economic sanctions, efforts were made to expand sales through new distribution channels and to other countries, but sales amounted to ¥89 million, down 24.0% year on year,」

    The inability to expect orders from Iran due to economic sanctions continued, and export sales declined 24.0% year on year. Meanwhile, efforts to expand sales through new distribution channels and to other countries are reported.
  3. FY2019-Q2MaterialisedAnnual report

    「Although orders from Iran, a major sales destination, could not be expected due to the impact of economic sanctions, efforts were made to expand sales through new distribution channels and to other countries, but sales amounted to ¥61 million, down 39.1% year on year,」

    The inability to expect orders due to economic sanctions against Iran continued, and export sales, including sales to Iran, declined 39.1% year on year. Meanwhile, efforts to expand sales through new distribution channels and to other countries are reported.
  4. FY2019-Q1MaterialisedAnnual report

    「Although orders from Iran, a major sales destination, could not be expected due to economic sanctions, efforts to expand sales through new distribution channels resulted in sales of ¥37 million, up 5.4% year on year,」

    Unlike the previous reports describing the easing of economic sanctions and recovery in orders, this quarter explicitly reports that orders from Iran could not be expected due to economic sanctions. Meanwhile, efforts to expand sales through new distribution channels resulted in export sales increasing 5.4% year on year.
  5. FY2018MitigatedAnnual report

    「Exports benefited from a gradual recovery in orders from Iran, a major customer, and sales expansion through new distribution channels, including Central Africa, progressed smoothly, resulting in sales of ¥148 million, up 27.0% from the previous fiscal year,」

    Orders from Iran recovered and sales expansion through new distribution channels in Central Africa and elsewhere progressed, resulting in export sales increasing 27.0% from the previous fiscal year. The impact of the existing restrictions on export destinations is easing.
  6. FY2018-Q3MitigatedAnnual report

    「Exports benefited from the easing of economic sanctions against Iran, a major customer, and orders were recovering. In addition, sales expansion through new distribution channels progressed smoothly, resulting in sales of ¥117 million, up 39.3% year on year. Total sales of shovels and related products amounted to ¥705 million, up 7.5% year on year.」

    Orders recovered following the easing of economic sanctions against Iran and sales expansion through new distribution channels, and export sales increased 39.3% year on year.
  7. FY2018-Q2MitigatedAnnual report

    「Exports benefited from the easing of economic sanctions against Iran, a major customer, and orders were recovering. In addition, sales expansion through new distribution channels progressed smoothly, resulting in sales of ¥100 million, up 58.9% year on year.」

    Orders recovered following the easing of economic sanctions against Iran and sales expansion through new distribution channels, and export sales increased 58.9% year on year.
  8. FY2018-Q1MitigatedAnnual report

    「Exports benefited from the easing of economic sanctions against Iran, a major customer, and orders were recovering. In addition, sales expansion through new distribution channels progressed smoothly, resulting in sales of ¥35 million, up 276.1% year on year.」

    The easing of economic sanctions against Iran and sales expansion through new distribution channels supported a recovery in export orders, and export sales in the first quarter increased 276.1% year on year.
  9. FY2017MitigatedAnnual report

    「Exports benefited from the partial easing of economic sanctions against Iran, a major customer, and orders gradually recovered. In addition, sales expansion efforts through new distribution channels resulted in sales of ¥117 million, up 17.9% from the previous fiscal year,」

    The recovery in orders following the partial easing of economic sanctions against Iran and sales expansion efforts through new distribution channels resulted in export sales increasing 17.9% year on year.
  10. FY2017-Q3MitigatedAnnual report

    「Exports benefited from the partial easing of economic sanctions against Iran, a major customer, and orders gradually recovered. In addition, sales expansion efforts through new distribution channels resulted in sales of ¥84 million, up 56.4% year on year,」

    In addition to the partial easing of economic sanctions against Iran and the recovery in orders, sales expansion efforts through new distribution channels resulted in export sales increasing 56.4% year on year.
  11. FY2017-Q2MitigatedAnnual report

    「Exports benefited from the partial easing of economic sanctions against Iran, a major customer, and orders gradually recovered, resulting in sales of ¥63 million, up 43.9% year on year,」

    Orders for Iran recovered following the partial easing of economic sanctions, and export sales exceeded the year-earlier level.
  12. FY2017-Q1First statedAnnual report

    「Exports benefited from the partial easing of economic sanctions against Iran, a major customer, and orders gradually recovered. However, delays in product acceptance inspections in Iran affected sales, which amounted to ¥9 million, down 73.3% year on year,」

    In transactions with Iran, delays in product acceptance inspections actually occurred while the effects of economic sanctions remained, and export sales declined 73.3% year on year.
Moved together

"Improving ROE through higher gross profit and cost reductions" moved the same way as this thread, in the same document, in 7 of its 12 moves.

754422★123456
  1. ★This thread
  2. 1Improving ROE through higher gross profit and cost reductions7×
  3. 2Dependence on seasonal products and weather fluctuations5×
  4. 3Expanding distribution channels and strengthening customer service for logistics system products4×
  5. 4New Sales Channels and Market-Fit Product Development4×
  6. 5Operating cash flow turned positive in the cumulative second quarter2×
  7. 6Cost reductions and quality improvements through the rationalisation of production facilities2×

★ 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
Asaka Industrial's next results are scheduled for 2026-11-12. Read the earnings preview
News
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