Komori
Piolax (5988) · RiskMitigated

Delayed Launch of New Medical Device Product

First written in FY2018-Q2. 3 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2023.

4entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018-Q2MitigatedFY2021 – FY20232017: 12018: 020182019: 020192020: 020202021: 120212022: 120222023: 12023
Same theme, other companies
New Product Development and Launch Delay RiskA theme 24 companies write about · 24 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2021: 3 of 8 companies on the "Worse" side.

4 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 24 companies compared. The sentences above are computed from all 24.
Full recordFilings, disclosures and news, newest first
  1. FY2023MitigatedAnnual report

    「Under a new development system focused on overseas expansion, we will develop products that are competitive in global markets and continue developing products with features that can bring smiles to patients.」

    The company continues its development system focused on overseas expansion and is strengthening its product development structure in response to past launch delays.
  2. FY2022MitigatedAnnual report

    「Under a new development system focused on overseas expansion, we will develop products that are competitive in global markets and continue developing products with features that can bring smiles to patients.」

    The company continues product development under a development system focused on overseas expansion and launched 1 new medical device product. Measures to strengthen the development structure in response to past launch delays are progressing.
  3. FY2021MitigatedAnnual report

    「A new development system compliant with FDA standards, the US government agency equivalent to Japan’s Ministry of Health, Labour and Welfare, has become established, creating a structure that enables products to be commercialized as planned, including their launch timing, intended features and consistent quality.」

    Regarding past delays in the launch of some products, the company explains that its development system compliant with FDA standards has become established and that it has created a structure enabling products to be commercialized as planned.
  4. FY2018-Q2MaterialisedAnnual report

    「Although we actively promoted sales expansion, revenue was ¥1,869 million, down 0.9% year on year, due to delays in the launch of some products and other factors.」

    The company states that launches of some new medical devices were actually delayed and that sales decreased 0.9% year on year.
Moved together

"Automotive Component Development Focused on Cost Reduction, Weight Reduction, and Global Expansion" moved the same way as this thread, in the same document, in 3 of its 4 moves.

332222★123456
  1. ★This thread
  2. 1Automotive Component Development Focused on Cost Reduction, Weight Reduction, and Global Expansion3×
  3. 2Establishment of the ESG Management Promotion Committee and Integrated Advancement of Environmental, Social and Governance Initiatives3×
  4. 3Expanding sales in emerging and overseas markets and increasing overseas revenue2×
  5. 4Flexible Production Systems and Cost Reduction in Response to Order Fluctuations2×
  6. 5Expanding Product Areas in the Medical Device Business and Addressing Demand from an Aging Population2×
  7. 6Flexible Shareholder Returns Based on Stable Dividends2×

★ 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
No upcoming earnings preview for Piolax yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Delayed Launch of New Medical Device Product | PIOLAX,INC. (5988) | Komori