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Hoden Seimitsu Kako Kenkyusho (6469) · RiskRestatedLatest Earnings (2026-07-07): "Mitigated"

Declining demand for ceramic honeycomb dies due to US-China trade friction and a slowdown in the Chinese market

First written in FY2020-Q1. 11 of 18 entries say "Restated". Latest entry: 2026-07-07.

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8years
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ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2020-Q3RestatedFY2021-Q2 – FY2022-Q2MitigatedFY2022-Q3 – FY2022RestatedFY2024-Q1 – FY2024RestatedFY2025-H12019: 220192020: 320202021: 320212022: 220222023: 320232024: 420242025: 020252026: 12026
Same theme, other companies

0 other companies' latest entry also says "Mitigated".

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Full recordFilings, disclosures and news, newest first
  1. 2026-07-07MitigatedEarnings

    「In the Transportation and Logistics field, demand increased for high-value-added products in molds for extruding ceramic honeycombs.」

    The company reported increased demand for high-value-added products, in contrast to previous references to slowing demand in China and other markets.
  2. FY2025-H1RestatedAnnual report

    「In addition, revenue from ceramic honeycomb extrusion dies in the transportation-related business declined year on year because the product mix changed as a result of weaker demand in the Chinese market.」

    The change in the product mix and decline in revenue resulting from weaker demand in the Chinese market for ceramic honeycomb extrusion dies continue to be reported.
  3. FY2025-Q1ReframedAnnual report

    「In addition, revenue from ceramic honeycomb extrusion dies in the transportation-related business declined year on year due to weaker demand in the Chinese market.」

    In addition to the previously cited inventory adjustments in the automotive industry, weaker demand in the Chinese market, particularly for non-EV vehicles, was identified as a factor behind the decline in demand for ceramic honeycomb extrusion dies.
  4. FY2024RestatedAnnual report

    「In the transportation-related business, revenue from ceramic honeycomb extrusion dies declined year on year as a result of inventory adjustments in the automotive industry.」

    For ceramic honeycomb extrusion dies, for which a recovery in demand had previously been reported, the decline in revenue due to inventory adjustments in the automotive industry continues to be reported.
  5. FY2024-Q3RestatedAnnual report

    「In addition, revenue in the transportation-related business declined year on year because orders for ceramic honeycomb extrusion dies decreased as a result of inventory adjustments in the automotive industry.」

    The decline in orders for ceramic honeycomb extrusion dies due to inventory adjustments in the automotive industry continues.
  6. FY2024-Q2RestatedAnnual report

    「In addition, revenue in the transportation-related business declined year on year because orders for ceramic honeycomb extrusion dies decreased as a result of inventory adjustments in the automotive industry.」

    For ceramic honeycomb extrusion dies, for which a recovery in demand had previously been reported, the decline in orders due to inventory adjustments in the automotive industry continues.
  7. FY2024-Q1RestatedAnnual report

    「Revenue in the transportation-related business declined year on year because orders for ceramic honeycomb extrusion dies decreased as a result of inventory adjustments in the automotive industry.」

    For ceramic honeycomb extrusion dies, for which a recovery in demand had previously been reported, the decline in orders due to inventory adjustments in the automotive industry continues.
  8. FY2023-Q3WorsenedAnnual report

    「In the transportation-related business, orders for ceramic honeycomb extrusion dies and automotive surface-treatment components declined due to restrained investment and inventory adjustments in the automotive industry.」

    For ceramic honeycomb extrusion dies, for which a recovery in demand had previously been reported, orders declined due to restrained investment and inventory adjustments in the automotive industry, indicating a deterioration in the demand environment.
  9. FY2022MitigatedAnnual report

    「Revenue from transportation-related ceramic honeycomb extrusion dies increased year on year due to a recovery in demand.」

    It was reported that performance improved from lower demand for ceramic honeycomb extrusion dies due to COVID-19 and other factors to full-year revenue growth resulting from a recovery in demand.
  10. FY2022-Q3MitigatedAnnual report

    「Despite the impact of the spread of COVID-19 and other factors, housing-related aluminum extrusion dies and transportation-related ceramic honeycomb extrusion dies remained at approximately the same levels as in the previous year.」

    It was reported that transportation-related ceramic honeycomb extrusion dies improved from the previous quarter's decline to approximately the same level as in the same quarter of the previous year, despite the impact of COVID-19.
  11. FY2022-Q2RestatedAnnual report

    「Mold revenue declined year on year because housing-related aluminum extrusion dies and transportation-related ceramic honeycomb extrusion dies declined due to the spread of COVID-19 and other factors.」

    The explanation that demand for ceramic honeycomb extrusion dies was weak because of sluggish transportation-related demand resulting from the spread of COVID-19, having shifted from US-China trade friction and the slowdown in the Chinese market, continues to be reported.
  12. FY2022-Q1RestatedAnnual report

    「Mold revenue declined year on year because housing-related aluminum extrusion dies and transportation-related ceramic honeycomb extrusion dies both declined due to the spread of COVID-19 and other factors.」

    The explanation that demand for ceramic honeycomb extrusion dies was weak because of sluggish transportation-related demand resulting from the spread of COVID-19, having shifted from US-China trade friction and the slowdown in the Chinese market, continues to be reported.
  13. FY2021-Q3RestatedAnnual report

    「Although conditions remained difficult, including a decline in ceramic honeycomb extrusion molds for the transportation and logistics sector」

    The explanation that the decline in demand for ceramic honeycomb extrusion dies was due to weak transportation-related demand resulting from the spread of COVID-19 continues to be reported.
  14. FY2021-Q2RestatedAnnual report

    「Molds remained under severe conditions, as housing-related aluminum extrusion dies declined due to lower housing starts and stagnant demand for industrial products resulting from the spread of COVID-19 and other factors, while transportation-related ceramic honeycomb extrusion dies also declined, although」

    The change in the explanation for the decline in demand for ceramic honeycomb extrusion dies, from US-China trade friction and the slowdown in the Chinese market to the spread of COVID-19, continues to be reported.
  15. FY2021-Q1ReframedAnnual report

    「Molds remained under severe conditions, as, year on year, housing-related aluminum extrusion dies and transportation-related ceramic honeycomb extrusion dies declined due to the spread of COVID-19, among other factors, although」

    The explanation for the decline in demand for ceramic honeycomb extrusion dies changed from the previously cited US-China trade friction and slowdown in the Chinese market to lower transportation-related demand due to the spread of COVID-19.
  16. FY2020-Q3RestatedAnnual report

    「Ceramic honeycomb extrusion dies in the transportation-related business remained sluggish.」

    The explanation that ceramic honeycomb extrusion dies have remained sluggish due to the slowdown in the Chinese market stemming from the US-China trade friction continues to be reported.
  17. FY2020-Q2RestatedAnnual report

    「Ceramic honeycomb extrusion dies for automotive exhaust-gas purification remained sluggish due to the slowdown in the Chinese market stemming from the US-China trade friction and other factors.」

    The explanation that the slowdown in the Chinese market stemming from the US-China trade friction was affecting the weak performance of ceramic honeycomb extrusion dies continues to be reported.
  18. FY2020-Q1First statedAnnual report

    「Sales of ceramic honeycomb extrusion dies for automotive exhaust-gas purification declined due to the slowdown in the Chinese market stemming from US-China trade frictions and other factors.」

    The filing first specifically stated that the slowdown in the Chinese market stemming from US-China trade frictions had reduced sales of ceramic honeycomb extrusion dies.
Moved together

"Concentration of Sales among 3 Major Customers" moved the same way as this thread, in the same document, in 4 of its 18 moves.

433333★123456
  1. ★This thread
  2. 1Concentration of Sales among 3 Major Customers4×
  3. 2Revenue dependence on contract processing3×
  4. 3Lower sales and profit in the machinery and equipment business3×
  5. 4Higher Revenue and Profit in the Mold Business3×
  6. 5Strengthening the financial position by reducing trade receivables and inventories3×
  7. 6Weakness in the housing-related 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
No upcoming earnings preview for Hoden Seimitsu Kako Kenkyusho yet. It last moved in the Earnings of 2026-07-07: "Mitigated".
News
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Declining demand for ceramic honeycomb dies due to US-China trade friction and a slowdown in the Chinese market | HODEN SEIMITSU KAKO KENKYUSHO CO.,LTD. (6469) | Komori