Komori
Tokyo Rope Mfg. (5981) · RiskMitigated

Impact on performance from lower activity levels in the tire and construction industries

First written in FY2017. 3 of 7 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2022.

7entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2020MaterialisedFY2021-Q1MitigatedFY2022-Q1 – FY20222017: 120172018: 120182019: 020192020: 220202021: 120212022: 22022
Same theme, other companies

The whole theme swung hardest in 2019: 44 of 77 companies on the "Worse" side.

17 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.
Showing 14 of the 95 companies compared. The sentences above are computed from all 95.
Full recordFilings, disclosures and news, newest first
  1. FY2022MitigatedAnnual report

    「The Group's revenue rose substantially from the same period of the previous year, which was significantly affected by COVID-19, particularly in the automotive industry. In addition, the company revised product prices in response to soaring prices for wire rod and other materials, resulting in revenue of ¥45,650 million, up 12.0% year on year.」

    Revenue increased 12.0% year on year, driven by recovery in major demand industries and product price revisions, compared with the same period of the previous year, which was affected by COVID-19.
  2. FY2022-Q3MitigatedAnnual report

    「The Group's revenue rose substantially from the same period of the previous year, which was significantly affected by COVID-19, particularly in the automotive industry. In addition, the company revised product prices in response to soaring prices for wire rod and other materials, resulting in revenue of ¥45,650 million, up 12.0% year on year.」

    Revenue recovered from the same period of the previous year, which was significantly affected by COVID-19, and increased 12.0% year on year.
  3. FY2022-Q1MitigatedAnnual report

    「As the automotive industry recovered from the major impact of COVID-19 in the same period of the previous year, tire cord sales volume also recovered significantly.」

    The automotive industry, one of the major demand industries, recovered, and tire cord sales volume also recovered significantly.
  4. FY2021-Q1MaterialisedAnnual report

    「The Group's revenue declined to ¥12,476 million, down 15.0% year on year, as tire cord sales fell sharply because of the impact of COVID-19, while sales of petroleum products declined with lower crude oil prices.」

    Lower activity levels in major demand industries translated into actual revenue declines in tire cord and petroleum product sales.
  5. FY2020RestatedAnnual report

    「If global or Japanese economic trends affect activity levels in the tire and construction industries, which are major demand industries for the Group, the Group's operating results may be affected.」

    The company again listed activity levels in major demand industries, including the tire and construction industries, as a risk affecting performance.
  6. FY2018RestatedAnnual report

    「If global or Japanese economic trends affect activity levels in the tire and construction industries, which are major demand industries for the Group, the Group's operating results may be affected.」

    The company again listed activity levels in major demand industries, including the tire and construction industries, as a risk affecting performance.
  7. FY2017First statedAnnual report

    「If global or Japanese economic trends affect activity levels in the tire and construction industries, which are major demand industries for the Group, the Group's operating results may be affected.」

    The company identified activity levels in major demand industries, including the tire and construction industries, as a risk that could affect performance.
Moved together

"Decline in domestic tire cord sales volume" moved the same way as this thread, in the same document, in 4 of its 7 moves.

443332★123456
  1. ★This thread
  2. 1Decline in domestic tire cord sales volume4×
  3. 2Business and earnings impacts of COVID-194×
  4. 3Strengthening the financial base supporting the growth strategy3×
  5. 4Decline in overseas bridge-related products and losses related to development products3×
  6. 5Lower domestic sales volumes of wire rope3×
  7. 6Foreign exchange losses from revaluation of foreign-currency-denominated receivables2×

★ 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
Tokyo Rope Mfg.'s next results are scheduled for 2026-11-12. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.