Komori
Osg (6136) · RiskReframed

Downturn in Brazil’s Domestic Economy

First written in FY2016-Q3. 11 of 28 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2026-H1.

28entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseReframedFY2024-Q2 – FY2026-H12016: 12017: 420172018: 420182019: 420192020: 220202021: 320212022: 420222023: 420232024: 120242025: 020252026: 12026
Same theme, other companies
Decline in Sales and Operating Profit Due to Weaker Demand in the Americas SegmentA theme 7 companies write about · 6 as a headwind · 1 as a tailwind

Osg moved to the "Worse" side of this theme in 2024, 7 years after the typical company in this theme (2017).

The whole theme swung hardest in 2021: 3 of 6 companies on the "Worse" side.

1 other company's latest entry also says "Reframed".

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. FY2026-H1ReframedAnnual report

    「In Brazil, South America, the impact of the high-interest-rate environment was evident, while resource-related demand supported the economy. By industry, the automotive-related industries were generally flat, whereas aerospace-related demand remained firm.」

    The situation by industry in Brazil is summarized as follows: the impact of high interest rates remained, resource-related demand supported the economy, the automotive-related industries were flat, and the aerospace-related industries remained firm.
  2. FY2024-Q2ReframedAnnual report

    「In Brazil, South America, market conditions were mixed. The aerospace-related industries were on a recovery trend, with many orders on hand and production being increased, while the automotive-related industries were constrained in their recovery by problems with the supply of some components.」

    The summary of conditions in Brazil has been updated to indicate that the aerospace-related industries were moving toward increased production on the back of numerous orders, while the recovery of the automotive-related industries was constrained by component supply problems.
  3. FY2023-Q3RestatedAnnual report

    「In Brazil, South America, the government introduced measures including subsidies for automobile purchases, but automobile production was flat year on year partly due to shortages of semiconductors and other components. Meanwhile, the aerospace-related industries were on a recovery trend.」

    It reconfirms the summary that automobile production in Brazil was flat due to component shortages, while the aerospace-related industries were on a recovery trend.
  4. FY2023-Q2RestatedAnnual report

    「In Brazil, South America, automobile production was flat year on year, partly due to the impact of component shortages, while the aerospace-related industries were moving toward a recovery trend.」

    It reconfirms the summary that automobile production in Brazil was flat due to component shortages, while the aerospace-related industries were on a recovery trend.
  5. FY2023-Q1ReframedAnnual report

    「In Brazil, South America, automobile production was flat year on year due to the impact of shortages of semiconductors and other components, while the aerospace-related industries were moving toward a recovery trend.」

    The situation by industry is summarized as follows: automobile production in Brazil was flat due to component shortages, while the aerospace-related industries were considered to be on a recovery trend.
  6. FY2022MitigatedAnnual report

    「In Brazil, South America, automobile production volumes were trending upward, and the aerospace-related industries showed signs of shifting toward a recovery trend. In addition, exports to North America remained firm.」

    The report describes an upward trend in automobile production, signs of recovery in the aerospace-related industries, and firm exports to North America in Brazil, indicating improvement from the previously stagnant demand environment.
  7. FY2022-Q3MitigatedAnnual report

    「In Brazil, South America, the aerospace-related industries showed signs of shifting toward a recovery trend. In addition, automobile production volumes were trending upward, and exports to North America remained firm.」

    In Brazil, signs of recovery in the aerospace-related industries were accompanied by an upward trend in automobile production volumes, indicating improvement from the earlier description of planned production cuts.
  8. FY2022-Q2ReframedAnnual report

    「In Brazil, South America, planned reductions in automobile production continued to be affected by shortages of semiconductors and other components. Meanwhile, the aerospace-related industries showed signs of shifting toward a recovery trend, and exports to North America remained firm.」

    The situation by industry is summarized as follows: planned reductions in automobile production continued in Brazil, while the aerospace-related industries and exports to North America showed signs of recovery and remained firm, respectively.
  9. FY2022-Q1ReframedAnnual report

    「In Brazil, South America, automobile production declined from the same period of the previous year due to shortages of semiconductors and other components. Meanwhile, the aerospace-related industries showed signs of shifting toward a recovery trend, and exports to North America remained firm.」

    The situation by industry is summarized as follows: automobile production in Brazil declined due to component shortages, while the aerospace-related industries and exports to North America showed signs of recovery and remained firm, respectively.
  10. FY2021RestatedAnnual report

    「In Brazil, South America, the domestic economy outside the aerospace-related industries was performing well, led by the automotive-related industries, and shortages of semiconductors and other components were not currently having a significant impact on performance. The continuing trend toward a weaker real than in the previous year was increasing profits from exports.」

    It reconfirms the statement that Brazil’s domestic economy was performing well, led by the automotive-related industries, that the impact of component shortages was limited, and that the weaker real was boosting export profits.
  11. FY2021-Q3MitigatedAnnual report

    「In Brazil as well, the domestic economy outside the aerospace-related industries was performing well, led by the automotive-related industries, and the shortage of semiconductors was not currently having a significant impact on performance. The real was weaker than in the previous year, resulting in greater profits from exports.」

    It states that Brazil’s domestic economy was performing well, led by the automotive-related industries, that the impact of the semiconductor shortage on performance was currently limited, and that the weaker real was boosting export profits.
  12. FY2021-Q2RestatedAnnual report

    「In Brazil as well, the domestic economy outside the aerospace-related industries was recovering, led by the automotive-related industries, and orders were also improving. The real was weaker than in the previous year, resulting in greater profits from exports.」

    It states that Brazil’s domestic economy and orders continued to recover, led by the automotive-related industries, and that the weaker real was boosting export profits.
  13. FY2021-Q1MitigatedAnnual report

    「In Brazil as well, the domestic economy outside the aerospace-related industries was recovering, led by the automotive-related industries, and orders were also beginning to recover. The weaker real is also supporting the recovery of domestic industries.」

    It states that Brazil’s domestic economy outside the aerospace-related industries was recovering, led by the automotive-related industries, and that orders were also improving.
  14. FY2020-Q2WorsenedAnnual report

    「In addition, the company temporarily closed factories and reduced its workforce in Brazil in response to the decline in orders.」

    It states that, in Brazil, where domestic demand and exports had previously been considered firm, factories were temporarily closed and the workforce was reduced in response to declining orders.
  15. FY2020-Q1RestatedAnnual report

    「In Brazil, domestic demand for taps and carbide drills remained firm, exports were also strong, and foreign-currency-denominated sales benefited from the weaker real, contributing to higher profit.」

    It reconfirms the statement that domestic demand for taps and carbide drills and exports in Brazil were firm, and that the weaker real contributed to higher profit on foreign-currency-denominated sales.
  16. FY2019-Q3RestatedAnnual report

    「In Brazil, domestic demand for taps and carbide drills remained firm, exports were also strong, and foreign-currency-denominated sales benefited from the weaker real, contributing to higher profit.」

    It reconfirms that domestic demand for taps and carbide drills and exports in Brazil were firm and strong, respectively, and that the weaker real contributed to higher profit on foreign-currency-denominated sales.
  17. FY2019-Q2RestatedAnnual report

    「In Brazil, domestic demand for taps and carbide drills remained firm, export demand was also strong, and foreign-currency-denominated sales benefited from the weaker real, contributing to higher revenue.」

    It reconfirms that domestic demand for taps and carbide drills and export demand in Brazil were firm and strong, respectively, and that the weaker real contributed to higher revenue.
  18. FY2019-Q1MitigatedAnnual report

    「In Brazil, domestic demand for taps and carbide drills remained firm, export demand was also strong, and foreign-currency-denominated sales benefited from the weaker real, contributing to higher profit.」

    In Brazil, domestic and export demand for taps and carbide drills were strong, the weaker real also contributed to higher profit, and the easing of the risk from weakness in the domestic economy continued.
  19. FY2018MitigatedAnnual report

    「In Brazil, domestic demand for carbide drills remained firm, export demand was also strong, and foreign-currency-denominated sales benefited from the weaker real, contributing to higher profit.」

    In Brazil, domestic and export demand for carbide drills were strong, the weaker real contributed to higher profit, and the easing of the risk from weakness in the domestic economy continued.
  20. FY2018-Q3MitigatedAnnual report

    「In Brazil, domestic demand for carbide drills remained firm, export demand was also strong, and foreign-currency-denominated sales benefited from the weaker real, contributing to higher profit.」

    It states that domestic and export demand for carbide drills in Brazil were strong, and that the weaker real also contributed to higher profit.
  21. FY2018-Q2MitigatedAnnual report

    「Domestic demand in Brazil from both the automotive-related and aerospace-related industries continued to recover and performed well.」

    Regarding Brazil’s domestic economy and demand, it states that demand from the automotive- and aerospace-related industries continued to recover and performed well.
  22. FY2018-Q1MitigatedAnnual report

    「Domestic demand in Brazil from both the automotive-related and aerospace-related industries continued to recover and performed well.」

    Regarding weakness in Brazil’s domestic economy, it states that domestic demand from the automotive- and aerospace-related industries continued to recover and performed well.
  23. FY2017RestatedAnnual report

    「Domestic demand in Brazil continued to recover, led by demand from the automotive-related industries.」

    It reiterates that domestic demand in Brazil continued to show a recovery trend.
  24. FY2017-Q3MitigatedAnnual report

    「Domestic demand in Brazil continued to show a recovery trend.」

    It states that domestic demand in Brazil continued to show a recovery trend.
  25. FY2017-Q2MitigatedAnnual report

    「In Brazil, the domestic economy recovered from the same period of the previous year, but profit declined due to lower exports and worsening export profitability following the appreciation of the real.」

    Brazil’s domestic economy recovered from the same period of the previous year, while worsening export profitability due to declining exports and the stronger real continued to weigh on profit.
  26. FY2017-Q1WorsenedAnnual report

    「Brazil’s domestic economy remained sluggish, and the company reported lower revenue and lower profit due to declining exports and worsening export profitability following the appreciation of the real.」

    In addition to the continued weakness in Brazil’s domestic economy, declining exports and worsening export profitability due to the stronger real were reflected in lower revenue and lower profit.
  27. FY2016RestatedAnnual report

    「Brazil’s domestic economy remained sluggish, but shifted toward a recovery trend from the second quarter onward, led by taps.」

    It describes Brazil’s sluggish domestic economy and the recovery trend led by taps from the second quarter onward as continuing throughout the fiscal year.
  28. FY2016-Q3First statedAnnual report

    「Brazil’s domestic economy remained sluggish, but shifted toward a recovery trend from the second quarter onward, led by taps.」

    It states that Brazil’s domestic economy remained sluggish, while the economy shifted toward a recovery trend from the second quarter onward, led by taps.
Moved together

"Regional Weakness in Demand from the Automotive-Related Industry" moved the same way as this thread, in the same document, in 8 of its 28 moves.

876655★123456
  1. ★This thread
  2. 1Regional Weakness in Demand from the Automotive-Related Industry8×
  3. 2Goodwill Amortization Burden Associated with M&A7×
  4. 3Uncertainty over the Outlook Driven by the Global Economy, Domestic Consumption and Geopolitics6×
  5. 4Weak Overseas Demand Due to the Slowdown in the Chinese Economy6×
  6. 5Strengthening Commercial and Sales Capabilities and Market Share in Europe5×
  7. 6Disposal of Treasury Shares upon Exercise of Convertible Bonds with Share Purchase Rights5×

★ 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.

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Downturn in Brazil’s Domestic Economy | OSG Corporation (6136) | Komori