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Ishii Hyoki (6336) · InitiativeRestated

Shift to direct sales leveraging overseas subsidiaries and agents

First written in FY2017-Q1. 10 of 16 entries say "Restated". Latest entry: FY2021-Q2.

16entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2017RestatedFY2019-Q2 – FY2019-Q3RestatedFY2020-Q2 – FY2021-Q22016: 320162017: 420172018: 320182019: 320192020: 32020
Same theme, other companies
Channel Shift from Indirect to Direct SalesA theme 12 companies write about · 0 as a headwind · 13 as a tailwind

3 other companies' latest entry also says "Restated".

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. FY2021-Q2RestatedAnnual report

    「In the printed circuit board sector, the impact of the novel coronavirus disease created a situation in which customers were forced to postpone capital investment and scale back sales activities, and revenue declined from the year-earlier period.」

    The environment for order-taking activities centered on direct sales has continued to be affected by revenue declines resulting from postponed customer capital investment and scaled-back sales activities.
  2. FY2021-Q1Restrictions on sales activities due to infectious diseasesAnnual report

    「In the printed circuit board sector, the impact of the novel coronavirus disease created a situation in which customers were forced to postpone capital investment and scale back sales activities, and revenue declined from the year-earlier period.」

    Under a policy of continuing direct sales, the company was forced to postpone customers' capital investment and scale back sales activities, causing revenue in the printed circuit board sector to fall below the year-earlier period.
  3. FY2020RestatedAnnual report

    「In the printed circuit board sector, we continued pursuing orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors. However, during the consolidated fiscal year, some capital investment was postponed amid concerns over a slowdown in the Chinese economy resulting from US-China trade friction, and revenue declined from the previous year.」

    Direct sales using overseas subsidiaries and distributors have continued, but revenue in the sector declined because capital investment was postponed amid concerns over a slowdown in the Chinese economy.
  4. FY2020-Q3RestatedAnnual report

    「In the printed circuit board sector, we have pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors. However, capital investment has increasingly been postponed amid concerns over a slowdown in the Chinese economy, and developments going forward require close attention. During the third quarter of the cumulative consolidated period, revenue increased from the year-earlier period, partly because revenue was recognized from manufacturing equipment for the flexible printed circuit board market.」

    The company is reiterating that direct sales using overseas subsidiaries and distributors continued, and that revenue in the printed circuit board sector exceeded the year-earlier period because revenue was recognized from manufacturing equipment for the flexible printed circuit board market.
  5. FY2020-Q2RestatedAnnual report

    「In the printed circuit board sector, we have pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors. However, capital investment has increasingly been postponed amid concerns over a slowdown in the Chinese economy, and developments going forward require close attention. During the second quarter of the cumulative consolidated period, revenue increased from the year-earlier period, partly because revenue was recognized from manufacturing equipment for the flexible printed circuit board market.」

    Direct sales using overseas subsidiaries and distributors have continued, and revenue in the sector exceeded the year-earlier period because revenue was recognized from manufacturing equipment for the flexible printed circuit board market.
  6. FY2020-Q1AdvancedAnnual report

    「In the printed circuit board sector, we have pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors. However, capital investment has increasingly been postponed amid concerns over a slowdown in the Chinese economy, and developments going forward require close attention. During the first quarter of the cumulative consolidated period, revenue increased from the year-earlier period, partly because revenue was recognized from manufacturing equipment for the flexible printed circuit board market.」

    While continuing order-taking activities using direct sales, overseas subsidiaries and distributors, revenue was recognized from manufacturing equipment for the flexible printed circuit board market, causing revenue in the sector to exceed the year-earlier period.
  7. FY2019-Q3RestatedAnnual report

    「In the printed circuit board sector, we have pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors, but revenue declined from the previous year.」

    Direct sales using overseas subsidiaries and distributors have continued, but revenue in the printed circuit board sector declined from the previous year.
  8. FY2019-Q2RestatedAnnual report

    「In the printed circuit board sector, we pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors, and revenue was broadly in line with the year-earlier period.」

    Order-taking activities centered on direct sales and using overseas subsidiaries and distributors have continued, with revenue broadly in line with the year-earlier period.
  9. FY2019-Q1AdvancedAnnual report

    「In the printed circuit board sector, we continued pursuing orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors. This resulted in orders being secured, and revenue increased. During the first quarter of the cumulative consolidated period, we also secured orders for manufacturing equipment for the growing flexible printed circuit board market.」

    While continuing to use direct sales, overseas subsidiaries and distributors, the company also secured orders for manufacturing equipment for the flexible printed circuit board market.
  10. FY2018-Q3RestatedAnnual report

    「In the printed circuit board sector, we pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors. This resulted in orders being secured, and revenue increased.」

    The company has continued to describe order-taking activities centered on direct sales and using overseas subsidiaries and distributors, along with their connection to revenue growth.
  11. FY2018-Q2AdvancedAnnual report

    「In the printed circuit board sector, we pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors. This resulted in orders being secured, and revenue increased.」

    The company disclosed that its order-taking activities, using direct sales, overseas subsidiaries and distributors, resulted in orders being secured and increased revenue.
  12. FY2018-Q1AdvancedAnnual report

    「In the printed circuit board sector, we have pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors. During the first quarter of the cumulative consolidated period, orders exceeded the year-earlier period, but revenue declined because the orders are scheduled to be recognized as revenue from the second quarter of the consolidated fiscal period onward.」

    Orders exceeded the year-earlier period while direct sales and the use of overseas subsidiaries and distributors continued. Revenue recognition, however, is scheduled from the second quarter onward.
  13. FY2017RestatedAnnual report

    「In the printed circuit board sector, we have pursued orders by focusing on direct sales while leveraging overseas subsidiaries and working with distributors.」

    Order-taking activities centered on direct sales and leveraging overseas subsidiaries and distributors have continued throughout the year.
  14. FY2017-Q3RestatedAnnual report

    「In the printed circuit board field, we have pursued orders with a focus on direct sales, while leveraging overseas subsidiaries and collaborating with distributors. By obtaining direct feedback from users on our equipment, we have worked to apply it to future equipment development and improvements.」

    We continue to pursue direct sales, use of overseas subsidiaries and distributors, and collection of user feedback.
  15. FY2017-Q2RestatedAnnual report

    「In the printed circuit board field, we have pursued orders with a focus on direct sales, while leveraging overseas subsidiaries and collaborating with distributors. By obtaining direct feedback from users on our equipment, we have worked to apply it to future equipment development and improvements.」

    The measures of direct sales, use of overseas subsidiaries and distributors, and collection of user feedback have continued unchanged from the previous quarter.
  16. FY2017-Q1First statedAnnual report

    「In the printed circuit board field, we have pursued orders with a focus on direct sales, while leveraging overseas subsidiaries and collaborating with distributors. By obtaining direct feedback from users on our equipment, we have worked to apply it to future equipment development and improvements.」

    We combine a direct-sales approach with collaboration with overseas subsidiaries and distributors and the collection of direct user feedback.
Moved together

"Refinancing Through a Syndicated Loan and Working Capital Financing" moved the same way as this thread, in the same document, in 2 of its 16 moves.

222222★123456
  1. ★This thread
  2. 1Refinancing Through a Syndicated Loan and Working Capital Financing2×
  3. 2First-Quarter Revenue and Profit Decline2×
  4. 3Decrease in net assets and equity ratio due to the cancellation of preferred shares and other factors2×
  5. 4Display and Electronic Components Business: Higher Revenue and Operating Profit2×
  6. 5Revenue decline and operating loss in the electronic equipment parts manufacturing equipment business2×
  7. 6Production rationalization at the Shanghai subsidiary2×

★ 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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Shift to direct sales leveraging overseas subsidiaries and agents | ISHII HYOKI CO.,LTD. (6336) | Komori