Komori
Tesec (6337) · RiskWorsened

Risk from export controls, tariffs and changes in overseas political and economic conditions

First written in FY2020. 4 of 7 entries say "Worsened", first in FY2021. Latest entry: FY2026.

7entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020WorsenedFY2021 – FY2023SoftenedFY2024 – FY20252020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Business uncertainty arising from protectionist trade policies and geopolitical developmentsA theme 362 companies write about · 369 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 105 of 134 companies on the "Worse" side.

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 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 370 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Overseas sales accounted for 65.7% of the Group's consolidated net sales in the fiscal year ended March 2025 and 77.0% in the current fiscal year.」

    海外売上比率の上昇により、輸出規制、政治・経済情勢、関税・貿易障壁および海外の知的財産保護に関するエクスポージャーが拡大した。
  2. FY2025SoftenedAnnual report

    「当社グループの連結売上高に占める海外売上高の比率は、2024年3月期においては80.3%、当期においては65.7%となっております。」

    海外売上比率が80.3%から65.7%へ低下し、輸出規制、政治・経済情勢、関税・貿易障壁などに伴う相対的なエクスポージャーは縮小方向となった。
  3. FY2024海外売上比率低下により輸出エクスポージャーが縮小Annual report

    「当社グループの連結売上高に占める海外売上高の比率は、2023年3月期においては85.2%、当期においては80.3%となっております。」

    海外売上比率は85.2%から80.3%へ低下し、輸出、政治・経済情勢、経済制裁、関税および貿易障壁に伴う相対的なエクスポージャーは縮小方向となった。
  4. FY2023WorsenedAnnual report

    「当社グループの連結売上高に占める海外売上高の比率は、2022年3月期においては80.3%、当期においては85.2%となっております。」

    海外売上比率が85.2%へ上昇した。米国による対中半導体輸出規制等も記載され、輸出規制・政治経済情勢・関税等へのエクスポージャーが拡大している。
  5. FY2022WorsenedAnnual report

    「当社グループの連結売上高に占める海外売上高の比率は、2021年3月期においては74.7%、当期においては80.3%となっております。」

    海外売上比率が80.3%へ上昇し、輸出、政治・経済情勢、経済制裁、関税、貿易障壁および海外での知的財産保護に関するエクスポージャーが拡大している。
  6. FY2021WorsenedAnnual report

    「Overseas sales accounted for 61.2% of consolidated net sales in the fiscal year ended March 2020 and 74.7% in the fiscal year under review.」

    海外売上比率の上昇により、輸出、政治・経済情勢、経済制裁、関税および貿易障壁に伴うエクスポージャーが拡大している。
  7. FY2020First statedAnnual report

    「There is a risk that political or economic instability, economic downturns or economic sanctions could disrupt exports of the Group's products. There is also a risk that tariffs and other barriers could reduce the price competitiveness of the Group's products.」

    The Company identifies political and economic instability, economic downturns, sanctions, tariffs and trade barriers, in addition to foreign exchange movements, as export-related risks.
Moved together

"Risk of excess and obsolete inventory if demand forecasts are inaccurate" moved the same way as this thread, in the same document, in 5 of its 7 moves.

544322★123456
  1. ★This thread
  2. 1Risk of excess and obsolete inventory if demand forecasts are inaccurate5×
  3. 2Declining sales and a return to losses4×
  4. 3Foreign-exchange risk associated with overseas sales4×
  5. 4Expanding market share and strengthening earnings power3×
  6. 5Building internal infrastructure to support growth2×
  7. 6Risk of dependence on specific major customers2×

★ 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
Tesec's next results are scheduled for 2026-10-27. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk from export controls, tariffs and changes in overseas political and economic conditions | TESEC Corporation (6337) | Komori