Komori
Chugokukogyo (5974) · FactRestated

Product mix in the high-pressure equipment business weighted toward the second half

First written in FY2020-Q1. 4 of 5 entries say "Restated". Latest entry: FY2024-Q1.

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ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2024-Q12019: 120192020: 120202021: 120212022: 120222023: 12023
Same theme, other companies
Second-half weighting of high-pressure equipment earnings due to the product mixA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2024-Q1RestatedAnnual report

    「As a result, because the High-Pressure Equipment business has a product mix weighted toward the second half of the fiscal year, revenue for the first quarter of the current consolidated cumulative period was ¥2,592 million, a decrease of ¥557 million year on year. Operating loss was ¥115 million, an increase of ¥67 million in the loss, ordinary loss was ¥80 million, an increase of ¥64 million in the loss, and quarterly net loss attributable to owners of the parent was ¥69 million, representing a turnaround from a profit in the same period of the previous year.」

    The company has reaffirmed, in explaining current first-quarter results, the structural fact that the product mix of the high-pressure equipment business is weighted toward the second half.
  2. FY2023-Q1RestatedAnnual report

    「As a result, because the high-pressure equipment business has a product mix weighted toward the second half, revenue for the first quarter of the fiscal year under review was ¥3,149 million, an increase of ¥520 million year on year. Operating loss was ¥46 million, a reduction in the loss of ¥36 million, and ordinary loss was ¥14 million, a reduction in the loss of ¥39 million. Despite recording ¥39 million in adjustments to corporate income taxes and other taxes, the recording of ¥53 million in extraordinary income resulted in quarterly net income attributable to owners of the parent of ¥5 million, compared with a loss in the same period of the previous year.」

    The company has reaffirmed, in explaining current first-quarter results, the structural fact that the product mix of the high-pressure equipment business is weighted toward the second half.
  3. FY2022-Q1RestatedAnnual report

    「As a result, because the High-Pressure Equipment business has a product mix weighted toward the second half of the fiscal year, revenue for the first quarter of the current consolidated cumulative period was ¥2,628 million, a decrease of ¥15 million year on year. Operating loss was ¥83 million, an increase of ¥37 million in the loss, ordinary loss was ¥53 million, an increase of ¥29 million in the loss, and quarterly net loss attributable to owners of the parent was ¥68 million, an increase of ¥50 million in the loss.」

    The company has reaffirmed the structural fact that the product mix of the high-pressure equipment business is weighted toward the second half.
  4. FY2021-Q1RestatedAnnual report

    「As a result, because the High-Pressure Equipment business has a product mix weighted toward the second half of the fiscal year, revenue for the first quarter of the current consolidated cumulative period was ¥2,643 million, a decrease of ¥113 million year on year. Operating loss was ¥45 million, a reduction of ¥45 million in the loss, ordinary loss was ¥24 million, a reduction of ¥43 million in the loss, and quarterly net loss attributable to owners of the parent was ¥17 million, a reduction of ¥74 million in the loss.」

    The company has reaffirmed the structural fact that the product mix of the high-pressure equipment business is weighted toward the second half.
  5. FY2020-Q1First statedAnnual report

    「As a result, because the High-Pressure Equipment business has a product mix weighted toward the second half of the fiscal year, revenue for the first quarter of the current consolidated cumulative period was limited to ¥2,757 million, an increase of ¥185 million year on year. Operating loss was ¥91 million, a reduction of ¥5 million in the loss, ordinary loss was ¥67 million, a reduction of ¥21 million in the loss, and quarterly net loss attributable to owners of the parent was ¥91 million, a reduction of ¥26 million in the loss.」

    The product mix of the high-pressure equipment business is weighted toward the second half, which is stated as a structural fact explaining sales and earnings in the current first quarter.
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Chugokukogyo's next results are scheduled for 2026-11-12. Read the earnings preview
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