Komori
Shima Seiki Mfg. (6222) · RiskMitigated

Capital investment stalled in Bangladesh amid unstable domestic political conditions

First written in FY2019-Q2. 4 of 10 entries say "Worsened", first in FY2024-Q3. Latest entry: FY2026-H1.

10entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY2019RestatedFY2023-Q2WorsenedFY2024-Q3 – FY20252018: 12019: 220192020: 020202021: 020212022: 220222023: 020232024: 320242025: 22025
Same theme, other companies
Rising Wages and Political Instability in BangladeshA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

0 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「In Asia, orders in Bangladesh, a production base for knitwear products for developed markets, began to recover as disruption from the large-scale anti-government demonstrations in July 2024 returned to normal, and unit sales of the highly efficient “N.SVR®” and “N.SSR®” increased from the previous period.」

    As disruption from the anti-government demonstrations returned to normal, orders in Bangladesh began to recover and unit sales also increased.
  2. FY2025WorsenedAnnual report

    「Although sales increased from the previous period in Bangladesh, a production base for knitwear products for developed markets, supply chain disruptions occurred as production plants shut down following large-scale anti-government demonstrations from mid-July onward, and unit sales fell below expectations because customers delayed capital investment.」

    Although sales increased in Bangladesh, production plant shutdowns and supply chain disruptions caused by anti-government demonstrations occurred, and unit sales fell below expectations.
  3. FY2025-H1WorsenedAnnual report

    「Unit sales declined from the previous period in Bangladesh, a production base for knitwear products for developed markets, as sluggish consumption in the EU, its main export market, was compounded by supply chain disruptions caused by production plant shutdowns following large-scale anti-government demonstrations from mid-July onward, while the timing of customers' capital investment remained undetermined.」

    In Bangladesh, in addition to the existing political factors, large-scale anti-government demonstrations led to plant shutdowns and supply chain disruptions, resulting in uncertainty over the timing of capital investment and a decline in unit sales.
  4. FY2024WorsenedAnnual report

    「Capital investment stalled in Bangladesh, a production base for knitwear products for developed markets, due to the impact of political conditions and delays in opening letters of credit (L/Cs) caused by foreign currency shortages, and unit sales declined.」

    In Bangladesh, delays in opening L/Cs caused by foreign currency shortages emerged in addition to the existing political factors, and the full-year stagnation in capital investment and decline in unit sales were confirmed.
  5. FY2024-Q3WorsenedAnnual report

    「From the second half onward, capital investment stalled in Bangladesh, a production base for knitwear products for developed markets, due to the impact of political conditions and delays in opening letters of credit (L/Cs) caused by foreign currency shortages.」

    In Bangladesh, delays in opening L/Cs caused by foreign currency shortages emerged in addition to the existing political factors, and capital investment stagnated from the second half onward.
  6. FY2023-Q2RestatedAnnual report

    「In Bangladesh and elsewhere, which serve as production bases for knitwear products for developed markets, orders from major apparel manufacturers began to recover and sales increased.」

    In Bangladesh and elsewhere, orders from major apparel manufacturers continued to recover and sales continued to grow, reconfirming the trend toward improvement from the capital investment stagnation previously reported.
  7. FY2023-Q1MitigatedAnnual report

    「Orders from major apparel manufacturers began to recover in Bangladesh and elsewhere, which serve as production bases for knitwear products for developed markets, and sales increased.」

    In Bangladesh and elsewhere, orders from major apparel manufacturers began to recover, improving conditions from the previous stagnation in capital investment and sluggish sales caused by political uncertainty.
  8. FY2019RestatedAnnual report

    「Sales remained sluggish as capital investment in Bangladesh, a mass-production base for apparel for developed markets, stalled under the impact of political conditions, while uncertainty increased over apparel production trends amid concerns about a slowdown in the global economy, prompting a major Hong Kong knitwear manufacturer to take a cautious approach to capital investment in ASEAN countries.」

    The company confirmed for the full year that capital investment in Bangladesh had stalled, alongside more cautious capital investment in ASEAN.
  9. FY2019-Q3RestatedAnnual report

    「Capital investment stalled in Bangladesh, a production base for OEM products supplied to developed markets, amid unstable domestic political conditions.」

    Capital investment in Bangladesh continues to be stalled against a backdrop of increasing instability in domestic political conditions.
  10. FY2019-Q2First statedAnnual report

    「Capital investment stalled in Bangladesh, a production base for OEM products supplied to developed markets, amid unstable domestic political conditions.」

    The disclosure states that customer capital investment actually stalled in Bangladesh amid increasing instability in domestic political conditions.
Moved together

"Sharp yen appreciation and foreign exchange losses weighing on earnings" moved the same way as this thread, in the same document, in 5 of its 10 moves.

554433★123456
  1. ★This thread
  2. 1Sharp yen appreciation and foreign exchange losses weighing on earnings5×
  3. 2Expanding sales to European apparel manufacturers in the Turkish market5×
  4. 3Expansion of adoption of high-value-added products and new products in Europe and Italy4×
  5. 4Declining revenue and profit in the Other business, including parts and repairs4×
  6. 5Expanding sales in growth markets in Asia, including Bangladesh and ASEAN3×
  7. 6Expansion into domestic demand and sports shoes in the Chinese market3×

★ 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
Shima Seiki Mfg.'s next results are scheduled for 2026-10-30. Read the earnings preview
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