Komori
Sus (6554) · RiskRestatedLatest Earnings (2026-08-12): "Mitigated"

Dependence on the business performance and capital investment of major manufacturers and IT companies

First written in FY2017. 13 of 25 entries say "Restated". Latest entry: 2026-08-12.

25entries
10years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2020-Q3MitigatedFY2022-Q1 – FY2023-Q1MaterialisedFY2023 – FY2024-Q22017: 12018: 420182019: 320192020: 420202021: 320212022: 120222023: 420232024: 220242025: 120252026: 22026
Same theme, other companies
Order Volatility Driven by Customer Capital Investment TrendsA theme 29 companies write about · 30 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2019: 13 of 24 companies on the "Worse" side.

12 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.
Showing 14 of the 29 companies compared. The sentences above are computed from all 29.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-12MitigatedEarnings

    「In manufacturing contracting, sales to semiconductor-related customers increased against a backdrop of rising global GPU demand.」

    The disclosure shifted from the previously reported decline in sales due to supply shortages among semiconductor-related customers to an increase driven by GPU demand.
  2. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」

    It has disclosed that there have been no material changes to the risk of dependence on the performance and capital investment of major customers.
  3. FY2025-H1MitigatedAnnual report

    「In manufacturing outsourcing, revenue increased due to factors including a recovery in customer demand.」

    For manufacturing outsourcing, where declines in transactions due to parts shortages and other factors at semiconductor-related customers had previously been reported, it is stated that customer demand was on a recovery trend and revenue increased.
  4. FY2024-Q2MaterialisedAnnual report

    「Although revenue from manufacturing outsourcing declined due to parts shortages and other factors at semiconductor-related customers, a recovery is expected from the second half of the fiscal year.」

    Revenue from manufacturing outsourcing continued to decline due to parts shortages and other factors at semiconductor-related customers, and the risk of dependence on customers' business environment has become evident in actual business performance.
  5. FY2024-Q1MaterialisedAnnual report

    「Meanwhile, transactions in manufacturing outsourcing declined due to parts shortages and other factors at semiconductor-related customers. Although a recovery is expected from the second half of the fiscal year, net sales for the first quarter of the current fiscal year declined.」

    Parts shortages and other factors at semiconductor-related customers actually led to a decline in manufacturing outsourcing transactions, and the risk of dependence on customers' business environment became evident in lower revenue.
  6. FY2023MaterialisedAnnual report

    「In manufacturing outsourcing, transactions declined due to parts shortages and other factors at semiconductor-related customers. However, in IT outsourcing, the Company focused on developing leader-level personnel and strengthened its project-based and team-based order acceptance structure, resulting in firm orders from both new and existing customers and contributing to higher revenue.」

    Parts shortages on the customer side reduced manufacturing outsourcing transactions related to semiconductors, making the risk of dependence on major customers' business environment evident in an actual decline in transactions. Meanwhile, orders for IT outsourcing remained firm.
  7. FY2023-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It has disclosed that there have been no material changes to the risk of dependence on the performance and capital investment of major customers.
  8. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It has disclosed that there have been no material changes to the risk of dependence on the performance and capital investment of major customers.
  9. FY2023-Q1MitigatedAnnual report

    「In the staffing business, the chronic shortage of engineers at major business partners, namely domestic manufacturers and IT-related companies, remained unchanged, and demand for engineers remained firm.」

    It states that demand for engineers at major business partners, namely domestic manufacturers and IT-related companies, remained firm, and that the impact of the risk of dependence on customer performance and demand did not worsen during the current quarter.
  10. FY2022-Q1MitigatedAnnual report

    「During the cumulative first quarter of the fiscal year under review, the impact of COVID-19 was limited, and net sales increased year on year due in part to a significant improvement in the utilization rate from the year-earlier period.」

    Although the impact of changes in the business environment and working practices of major business partners remains, the impact of the infection declined in the current quarter, and utilization rates and net sales improved.
  11. FY2021-Q3MaterialisedAnnual report

    「Meanwhile, the spread of COVID-19 delayed the acquisition of contracts for some newly graduated engineering employees who joined the company in April 2021 and some existing engineering employees. As utilization rates remained below the level of the same period of the previous year, revenue declined.」

    The risk of dependence on business partners' operating environment and demand for engineers has become evident in delayed contract acquisition, lower utilization rates, and lower revenue.
  12. FY2021-Q2MaterialisedAnnual report

    「In addition, overtime hours decreased partly because business partners promoted teleworking.」

    Changes in working practices at business partners have become evident in reduced overtime hours, and the actual impact on the earnings environment for engineering staffing has continued.
  13. FY2021-Q1MaterialisedAnnual report

    「In addition, overtime hours decreased partly because business partners promoted teleworking.」

    Changes in business operations and working practices at business partners have become evident in reduced overtime hours, with an actual impact on the earnings environment for engineering staffing.
  14. FY2020MaterialisedAnnual report

    「These major business partners have also been affected by the spread of COVID-19, in the form of restrictions on working practices and shorter working hours, resulting in lower utilization rates for engineering employees.」

    The impact on the business environment of major customers has become evident in shorter working hours, stagnant demand, and lower utilization rates for engineering employees.
  15. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  16. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It has disclosed in a single statement that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  17. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  18. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  19. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  20. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  21. FY2018RestatedAnnual report

    「The Group's core business, engineering staffing, is significantly affected by the performance trends of major manufacturers and IT-related companies to which its engineers are assigned. Accordingly, the Group's results may be affected if prolonged economic stagnation or changes in the economic environment lead to sustained restraint in capital investment or reductions in research and development spending due to deteriorating performance at business partners, if large-scale natural disasters or accidents cause business activities to be suspended or otherwise impede business continuity, or if business partners relocate their development sites overseas.」

    It reiterates the risk of dependence on the performance, capital investment and research and development spending of major manufacturers and IT-related companies, as well as on disasters and overseas relocations.
  22. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  23. FY2018-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  24. FY2018-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the risk of dependence on the performance and capital investment of major manufacturers and IT companies.
  25. FY2017First statedAnnual report

    「Accordingly, the Group's results may be affected if prolonged economic stagnation or changes in the economic environment lead to sustained restraint in capital investment or reductions in research and development spending due to deteriorating performance at business partners, if large-scale natural disasters or accidents cause business activities to be suspended or otherwise impede business continuity, or if business partners relocate their development sites overseas.」

    It lists customers' economic conditions, capital investment and research and development trends, disasters, and the relocation of development sites as external risks.
Moved together

"Growth in Revenue and Profit" moved the same way as this thread, in the same document, in 6 of its 25 moves.

665555★123456
  1. ★This thread
  2. 1Growth in Revenue and Profit6×
  3. 2Dependence on the Engineer Staffing Business and Sensitivity to Laws and Market Conditions6×
  4. 3Focus on Sales, Profit Margins and KPIs for the Engineering Staffing Business5×
  5. 4Employment Support for Persons with Disabilities and Employment Transition Support Business5×
  6. 5Use of outsourced personnel to support growth in SAP, cloud and other projects5×
  7. 6Impact of Crude Oil Prices, Trade Policy, and Political and Economic Uncertainty on Corporate Earnings5×

★ 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 Sus yet. It last moved in the Earnings of 2026-08-12: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on the business performance and capital investment of major manufacturers and IT companies | SUS Co.,Ltd. (6554) | Komori