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Shima Seiki Mfg. (6222) · InitiativeWorsened

Expanding sales to European apparel manufacturers in the Turkish market

First written in FY2017-Q2. 8 of 19 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2025.

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ProgressHeldSoftenedWorseMitigatedFY2020-Q3 – FY2023-Q1WorsenedFY2024-Q2 – FY20252016: 12017: 420172018: 320182019: 220192020: 120202021: 020212022: 220222023: 220232024: 320242025: 12025
Same theme, other companies
Expanding sales to European apparel manufacturers in the Turkish marketA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

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  1. FY2025WorsenedAnnual report

    「In the Turkish market in the Middle East, orders from fast-fashion apparel manufacturers weakened due to declining demand for domestic apparel brands and the economic slowdown in the EU market, and sales of computerised flat knitting machines declined from the previous period.」

    In Turkey, orders weakened due to declining domestic demand and the economic slowdown in the EU market, resulting in lower sales of computerised flat knitting machines.
  2. FY2025-H1WorsenedAnnual report

    「In the Turkish market in the Middle East, orders from fast-fashion apparel manufacturers weakened due to declining demand for domestic apparel brands and the economic slowdown in the EU market, and sales of computerised flat knitting machines declined from the previous period.」

    In Turkey, orders weakened due to declining demand for domestic apparel brands and the economic slowdown in the EU market, and sales of computerised flat knitting machines declined from the previous period.
  3. FY2024WorsenedAnnual report

    「In the Turkish market in the Middle East, orders from fast-fashion apparel manufacturers weakened due to domestic inflation, the euro-area economic slowdown and the impact of the mild winter, and sales of computerised flat knitting machines declined from the previous period.」

    In Turkey, orders weakened due to domestic inflation, the euro-area economic slowdown and the mild winter, and sales of computerised flat knitting machines declined from the previous period.
  4. FY2024-Q3WorsenedAnnual report

    「In the Turkish market in the Middle East, orders from fast-fashion apparel manufacturers weakened due to domestic inflation, the euro-area economic slowdown and the impact of the mild winter, and sales of computerised flat knitting machines declined from the previous period.」

    In Turkey, orders for fast-fashion apparel weakened due to domestic inflation, the euro-area economic slowdown and the mild winter, and sales of computerised flat knitting machines declined.
  5. FY2024-Q2WorsenedAnnual report

    「In the Turkish market in the Middle East, orders from fast-fashion apparel manufacturers eased due to the economic slowdown in the euro area and domestic inflation, among other factors, and sales of computerised flat knitting machines declined from the previous period.」

    In Turkey, orders for fast-fashion apparel eased against a backdrop of the euro-area economic slowdown and domestic inflation, and sales of computerised flat knitting machines declined from the previous period.
  6. FY2024-Q1RestatedAnnual report

    「In the Turkish market in the Middle East, capital investment driven by orders from European and domestic fast-fashion apparel manufacturers became active, and sales grew, led by shaped knitting machines.」

    In Turkey, capital investment became active on the back of orders from European and domestic fast-fashion apparel manufacturers, and sales grew, led by shaped knitting machines.
  7. FY2023-Q2RestatedAnnual report

    「In the Turkish market in the Middle East, capital investment driven by orders from European and domestic fast-fashion apparel manufacturers became active, and sales grew, led by computerised flat knitting machines.」

    In Turkey, capital investment and sales of computerised flat knitting machines continued to grow on the back of orders from European and domestic fast-fashion apparel manufacturers.
  8. FY2023-Q1AdvancedAnnual report

    「In the Turkish market in the Middle East, capital investment driven by orders from European apparel manufacturers became active, and sales grew, led by computerised flat knitting machines.」

    In Turkey, capital investment became more active on the back of orders from European apparel manufacturers, and sales grew, led by computerised flat knitting machines.
  9. FY2020-Q3MitigatedAnnual report

    「Capital investment in Turkey, in the Middle East, had stagnated since last year’s currency crisis, but signs of recovery emerged during the third quarter of the current consolidated fiscal period, supported by the benefits of short lead-time production for European apparel manufacturers.」

    The note describes signs of recovery from capital investment stagnation caused by the currency crisis, supported by short lead-time production for European apparel manufacturers.
  10. FY2020-Q2RestatedAnnual report

    「In Turkey, in the Middle East, a production base for European apparel manufacturers, exports grew on the back of the weaker currency, but capital investment did not expand because of the impact of monetary tightening.」

    In Turkey, exports are growing, but capital investment has remained unable to expand because of monetary tightening.
  11. FY2019WorsenedAnnual report

    「In Turkey, in the Middle East, the depreciation of the lira since July made it difficult for users to secure financing, causing capital investment to weaken from the second quarter onward.」

    In Turkey, the lira’s depreciation made it difficult for users to secure financing, and capital investment weakened from the second quarter onward.
  12. FY2019-Q1RestatedAnnual report

    「In Turkey, in the Middle East, capital investment recovered rapidly and sales increased steadily.」

    In Turkey, the recovery in capital investment and sales growth have continued.
  13. FY2018MitigatedAnnual report

    「Capital investment in Turkey, in the Middle East, had been weak since the second half of the previous period due to spreading political instability, but recovered rapidly from the summer onward as conditions stabilized, driving sales growth.」

    In Turkey, capital investment changed from weakness caused by political instability to a rapid recovery and sales growth from the summer onward.
  14. FY2018-Q3MitigatedAnnual report

    「In Turkey, in the Middle East, where capital investment was recovering, net sales were nearly at the level of the same period of the previous year.」

    In Turkey, capital investment entered a recovery trend, and net sales recovered to nearly the level of the same period of the previous year.
  15. FY2018-Q2SoftenedAnnual report

    「In Turkey, in the Middle East, signs of recovery emerged around the summer, but capital investment remained weak and net sales declined compared with the same quarter of the previous year.」

    The description adds that signs of recovery emerged in Turkey around the summer, while weak capital investment and declining net sales continued.
  16. FY2018-Q1WorsenedAnnual report

    「Meanwhile, capital investment stagnated in Turkey, in the Middle East, amid political instability, and net sales declined.」

    The note states that capital investment stagnated in Turkey amid political instability and that net sales declined.
  17. FY2017RestatedAnnual report

    「Meanwhile, capital investment for European apparel manufacturers expanded in Turkey, in the Middle East, during the first half, but weakened in the second half as political instability spread.」

    The note reconfirms that weakness continued in the second half in Turkey amid political instability.
  18. FY2017-Q3WorsenedAnnual report

    「Capital investment for European apparel manufacturers expanded in Turkey, in the Middle East, during the first half, but weakened in the second half as political instability spread.」

    In Turkey, capital investment changed from expansion for European apparel manufacturers in the first half to a weak trend in the second half amid spreading political instability.
  19. FY2017-Q2First statedAnnual report

    「In Turkey, in the Middle East, production for European apparel manufacturers remained firm despite political instability, and sales of “SVR” and “SSR” increased.」

    Sales of specific products are expanding in Turkey, despite political instability, supported by production for European apparel manufacturers.
Moved together

"Weak performance in the glove and hosiery knitting machine business" moved the same way as this thread, in the same document, in 7 of its 19 moves.

766665★123456
  1. ★This thread
  2. 1Weak performance in the glove and hosiery knitting machine business7×
  3. 2Sharp yen appreciation and foreign exchange losses weighing on earnings6×
  4. 3High equity ratio6×
  5. 4Increase in Liabilities Due to Higher Short-Term Borrowings and Other Factors6×
  6. 5Research and development expenditure6×
  7. 6Expansion of adoption of high-value-added products and new products in Europe and Italy5×

★ 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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