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Kyowa (6570) · RiskRestated

Delays in Securing the Latest Equipment and Changes in Customer Preferences

First written in FY2018. 11 of 22 entries say "Restated". Latest entry: FY2026.

22entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2019OtherFY2021-Q2 – FY2024-Q3RestatedFY2025 – FY20262018: 320182019: 220192020: 420202021: 220212022: 320222023: 320232024: 220242025: 120252026: 22026
Same theme, other companies
Delays in procuring and introducing the latest equipment and changes in customer preferencesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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

Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「However, delays in introducing the latest equipment, an inability to secure a sufficient number of machines, a mismatch between the equipment introduced and customer preferences, or changes in customers' leisure preferences themselves could affect the business and operating results.」

    The risks associated with delays in securing and introducing the latest equipment and changes in customer preferences remain.
  2. 2026-06-01RestatedGeneral Meetings of Shareholders

    「Demand for prize-game machines and prizes is increasing, partly because prize games are performing well across the amusement industry.」

    Disclosed increased demand for prize-game machines and prizes.
  3. FY2025RestatedAnnual report

    「However, delays in introducing the latest equipment, an inability to secure a sufficient number of machines, a mismatch between the equipment introduced and customer preferences, or changes in customers' leisure preferences themselves could affect the business and operating results.」

    The risks associated with delays in securing and introducing the latest equipment and changes in customer preferences remain.
  4. FY2025-H1MaterialisedAnnual report

    「Meanwhile, sales volumes of prize game machines declined, partly because replacement demand had run its course.」

    The decline in unit sales became evident, owing in part to the end of replacement demand for prize game machines.
  5. FY2024-Q3RestatedAnnual report

    「In the amusement equipment sales business, demand for prize game machines and prizes continues to increase, partly because prize games have remained strong across the amusement industry.」

    The continued increase in demand for prize game machines and prizes has been confirmed.
  6. FY2024-Q2RestatedAnnual report

    「In the amusement equipment sales business, demand for prize game machines and prizes continues to increase, partly because prize games have remained strong across the amusement industry.」

    The continued increase in demand for prize game machines and prizes has been confirmed.
  7. FY2024-Q1Strong sales of prize game machines and prizesAnnual report

    「In the amusement machine sales business, demand for prize game machines and prizes has continued to increase from the previous fiscal year, partly because prize games have performed well across the amusement industry.」

    The increase in demand for prize game machines and prizes has continued from the previous period.
  8. FY2023-Q3RestatedAnnual report

    「In the amusement machine sales business, sales of prize game machines and prizes have remained solid amid the popularity of prize games.」

    Sales of prize game machines and prizes have continued to remain solid.
  9. FY2023-Q2Strong salesAnnual report

    「Amid the popularity of prize games, sales of prizes across a wide range of categories and sales of amusement machines, primarily prize game machines, have been extremely strong.」

    The company stated that sales of prizes across a diverse range of categories and prize game machines were extremely strong, demonstrating robust performance in response to concerns over demand for machines and prizes.
  10. FY2022RestatedAnnual report

    「Sales of prizes across a wide range of categories, including plush toys, figures, and small household appliances, remain solid.」

    Sales of diversified prizes, including plush toys, figures, and small household appliances, remain solid, not limited to products related to popular anime characters.
  11. FY2022-Q3Diversified and strong prize salesAnnual report

    「While sales of prizes related to popular anime characters are beginning to level off, sales of prizes across a wide range of categories, including plush toys, figures, and small household appliances, remain solid. Sales of amusement machines, primarily prize game machines, are also strong.」

    While sales of prizes related to popular anime characters are leveling off, the company stated that sales of prizes across multiple categories and sales of prize game machines remain solid to strong.
  12. FY2022-Q2Strong salesAnnual report

    「In the amusement machine sales business, sales of amusement machines, primarily prize game machines, and prizes related to popular anime characters have been strong.」

    The company stated that sales of prize game machines and prizes related to popular anime characters were strong, offsetting the impact of machine launch and delivery delays and prize order cancellations in the previous fiscal year.
  13. FY2021Partial recoveryAnnual report

    「In the amusement machine sales business, revenue remained well below the previous year due to delays in the launch and delivery of amusement machines and cancellations of orders for prizes and other products resulting from the spread of COVID-19. However, after entering the cumulative third-quarter period, prize sales, which had previously been sluggish, recovered, while revenue from prizes related to the popular character Demon Slayer: Kimetsu no Yaiba drove overall performance, and revenue recovered gradually.」

    While delays in machine launches and deliveries and cancellations of prize orders continued, prize sales recovered gradually, led by products featuring popular characters.
  14. FY2021-Q2Partial recoveryAnnual report

    「Although sales of amusement equipment remained challenging, prize shipments resumed after having been suspended, and sales gradually recovered, helped by strong sales of prizes featuring popular characters.」

    Although the challenging conditions in machine sales continued, the impact of sales risks showed some recovery as prize shipments resumed and popular-character prizes performed well.
  15. FY2021-Q1MaterialisedAnnual report

    「Due to delays in the launch and delivery of amusement machines resulting from the spread of COVID-19 and cancellations of prize orders, revenue was ¥345 million, down 36.9% from the same quarter of the previous year.」

    Delays in machine launches and deliveries and cancellations of prize orders actually occurred, with risks relating to the supply of the latest machines and customer demand emerging as lower revenue in the sales business.
  16. FY2020MaterialisedAnnual report

    「The amusement machine sales business remained in a challenging situation due to the limited number of new product launches and weak sales of prizes and used machines.」

    The shortage of new products and weak sales of prizes and used machines continued to weigh on the sales business.
  17. FY2020-Q3MaterialisedAnnual report

    「The amusement machine sales business remains in a challenging situation due to the limited number of new product launches and weak sales of prizes and used machines.」

    The limited number of new product launches and weak sales of prizes and used machines have emerged in actual business conditions.
  18. FY2019RestatedAnnual report

    「Delays in introducing the latest machines, failure to secure sufficient numbers, machines that do not match customer preferences, and changes in customers’ preferences for leisure activities may affect the company’s business and performance.」

    The company continues to identify delays in securing the latest machines, unsuitable machines, and changes in customer preferences as risks.
  19. 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.」

    The company states that there have been no material changes in the risks relating to delays in securing the latest machines and changes in customer preferences.
  20. 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.」

    The company states that there have been no material changes in the risks relating to delays in securing the latest machines and changes in customer preferences.
  21. 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.」

    The Company states that there have been no material changes in the business and other risks.
  22. FY2018First statedAnnual report

    「Delays in introducing the latest machines, failure to secure sufficient numbers, machines that do not match customer preferences, and changes in customers’ preferences for leisure activities may affect the Group’s business and performance.」

    The procurement of machines, timing of introduction, number of machines, and changes in customer preferences are identified as performance risks.
Moved together

"Risks relating to securing properties and the profitability and operations of new stores" moved the same way as this thread, in the same document, in 3 of its 22 moves.

33222★12345
  1. ★This thread
  2. 1Risks relating to securing properties and the profitability and operations of new stores3×
  3. 2Risk of Recovering Store Lease Deposits and Guarantee Deposits3×
  4. 3Economic Fluctuations and Declines in Disposable Income and Leisure Spending2×
  5. 4Dependence on Interest-Bearing Debt and Rising Interest Rates2×
  6. 5Impairment Losses on Store and Idle Assets2×

★ 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 Kyowa yet. It last moved in the General Meetings of Shareholders of 2026-06-01: "Restated".
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Delays in Securing the Latest Equipment and Changes in Customer Preferences | Kyowa Corporation (6570) | Komori